My top (>2%) positions in no particular order: BRKB, FB, PSHZF, AAPL, EXXRF, GOOG,
Out: JPM - sold, LSXMA - sold
Fixed income: 12%
(kinda): Insurance (BRK, MKL): 12%, Malone/media: 4%,
Banks/financials: 9%, Stock funds: 7%, Cars: 0%, Oil: 2%, Medical/pharma: 1%, Tech: 27%,
Various owner-operators (not included in other categories): 4%
New positions: OXY bond, TCEHY
Positions increased: FB, AKREX
Positions reduced: JPM, IPGP, MAR, PCTY, NICE, AAPL, OSSIF, SHOP
Positions eliminated: SAVE, BITA, CFRUY, FMCKP, GGG, SFTBY, AXP, BX, LSXMA, KKR, TECD, PAR, NPSNY
Flip-flop: STNE, AER, KNOP
The market and a lot of stocks ran up since March. I mostly added to positions in late March and early April. Then mostly sold positions in late April and May. I don't think the economy will recover quickly. A lot of stocks are expensive, the market seems to be very optimistic, so I have raised cash.
I sold merger arbitrage positions in BITA, TECD.
Sold airline related stocks: SAVE, bought and then sold AER as it ran up.
Sold a lot of positions that I thought to be expensive, low conviction, or impacted by pandemic: CFRUY, FMCKP, GGG, SFTBY, AXP, BX, LSXMA, KKR, PAR.
Also reduced positions for similar reasons: JPM, IPGP, MAR, PCTY, NICE, AAPL, OSSIF, SHOP
Some of these are good companies and I might buy back the positions, especially if prices drop (significantly).
Added to STNE position at lows and then sold partial position as the price ran up.
I decide to switch from NPSNY to TCEHY. Still holding PROSY.
Added to FB and AKREX for long term holding.
Bought initial position of OXY bond at low prices. It has run up since.