My top (>2%) positions in no particular order: BRKB, FB, GOOG, PSHZF, AAPL,
In:
Out:
Fixed income: 7%
Cash: 2%
Sectors
(kinda): Insurance (BRK): 11%, Malone/media: 2%, Banks/financials: 5%,
Stock funds: 11%, Industrial: 0%, Customer: 2%, Medical/pharma: 2%,
Tech: 40%, Various owner-operators (not included in other categories):
4%
Impact investing: 23%
New positions: VIAC, KARO, REGN, ADCOF, LEMLF, MGI, NTDOY, PLTK, MNTV, QDEL
Positions increased: AMD, GOOG, ANCUF, FB, RILY, PINS, ANGI, TTWO, RDBBY, DISCK, PSTH, CNNE, ZNGA, YELP, COIN, QLYS, ABNB, RBLX, BABA, PROSY, EXPE, STNE, VRTX
Positions reduced: NTES, SABR, TCEHY,
Positions eliminated: HTZZ, MG, DFS, MSPAF,
Flip-flop: HMLPPRA, LEAT
With HMLP facing contract lawsuit and refinancing problems, HMLPPRA dropped and then bounced back. I bought more on drop and then sold on bounce.
Bought a bit more PSTH before the announcement that the SPAC deal plans are essentially dead.
Mostly reduced positions in Chinese companies (NTES, TCEHY). Partially replaced them by buying some PROSY and BABA.
Sold low conviction and not very attractive expected return positions in HTZZ, MG, DFS, MSPAF.
Sold some SABR and replaced with a bit of EXPE.
Bought small tracking positions in KARO, ADCOF, LEMLF, MNTV, QDEL.
Bought NTDOY, PLTK and added to ZNGA, TTWO in gaming area.
Bought VIAC and added to DISCK in media area.
Bought REGN and added to VRTX in pharma/biotech area.
Added to AMD, GOOG, ANCUF, FB, RILY, PINS, ANGI, RDBBY, CNNE, YELP, COIN, QLYS, ABNB, RBLX, STNE. Bought initial position in MGI.
I am planning to increase the percentage of my portfolio that corresponds to "impact" investing, i.e. investing in the companies that I believe contribute to the progress and improvement of our civilization. This is completely subjective evaluation. The change may be slow. I will be looking for the attractive returns even when buying "impact" companies.
