2025 Portfolio

[ValueMaven]

Start of the new year is soon.  One of my goals is trade a lot less and let ideas work.

Here is my current portfolio.  I plan on owning all of these - and adding if there is material weakness.  Some of these are fairly well known.  Others are not.  

 

BRKB

CSU

TPL

FCNCA

TYL

MKL

FICO

HEI.A

FLR 

Edited December 4 by ValueMaven

[Saluki]

GOOG/GOOGL

BRK

JOE

FRFHF

OXY

META

NTDOY

Fairfax India

CPNG

MSCI

KRKNF

FRPH

STNG

BTI

HHH

CROX

ATEX

AOS

PM

TAYD

RTO

 

In order of concentration from 20% to .5%.   There are several smaller positions, but I hope to add to them or delete them next year.  I'd like to do less buying/selling and get out of cyclicals and into coffee can compounders more in the coming years. 

[rkbabang]

This is just stocks. My Bitcoin position is a little more than 25% larger than my MSTR position.

 

MSTR    30.61%
JOE    12.56%
FRFHF    6.37%
PBR.A    4.15%
TRRSF    3.40%
WMB    3.25%
ISRG    2.83%
AMZN    2.79%
NTDOY    2.63%
SRUUF    2.60%
NVEC    2.47%
MSGE    2.35%
SEVN    2.18%
BN    1.86%
ADI    1.66%
AIV    1.51%
BAM    1.43%
MELI    1.33%
FRPH    1.27%
EBAY    1.26%
GENGF    1.19%
BRK.B    1.17%
AAPL    1.08%
CPNG    1.03%
WEN    0.83%
FI    0.78%
18 OTHERS    3.74%

 

[Paarslaars]

MSTR: 28%

Nintendo: 10%

BTC: 10%

Cash: 10%

JOE: 6%

FFH: 6%

BRK: 5.5%

PAX: 4%

CPNG: 3.5%

LULU calls: 3%

Bunch of call positions of roughly 1% each. (PDD, JD, BEKE, ULTA, Google, ILMN)

 

Funny I rarely take 1% positions so most of these are because they are down substantially really need to stop taking these small gambles, they are wrecking my returns.

Edited December 4 by Paarslaars

[Gregmal]

Same as last couple years with a few adds earlier in the year like RTO, WEN, T. Hoping to get rid of AIV soon lol

[thepupil]

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

 

this inspired me to look at my portfolio / update my spreadsheet....I kind of hate it at the moment. bunch of stale things and mediocre ideas at immaterial sizing. been buying a fair bit of #1 and #4, but 4's pretty illiquid / don't want to pump it given I've already moved price up a fair bit. 

 

Edited December 4 by thepupil

[Ross812]

 

 

The basket portfolio is low beta and I treat it like cash so i would say I'm 15-16% cash right now.

 

[sleepydragon]

Brk

fnmas etc

oxy and OXY warrant 

lqda

lmt

bgc

siri

cash

 

[LC]

Good time to update the spreadsheet.

I included an index fund allocation here, unfortunately I cannot actively invest that amount so I look at is as my performance buffer:

 

Fairfax: 26%

SP500: 25% (I cannot invest this)

Aecon: 12%

Cash: 7%

JOE: 4%

Japan Basket (ex-Nintendo): 3%

Nintendo: 3%

MSGE: 2%

 

5 next largest positions:

DFIN

RTO

C

FRPH

HSW

 

+about 30 tiny tracker positions / option gambles

 

 

[DooDiligence]

ABBV 4%

ABEV 0.8%

ABT 2.2%

BRK.B 17.2%

C 2.6%

DPZ 8.6&

EW 12.3%

GOOGL 8.8%

HSY 6.4%

JACK 1.8%

MO 1.1%

NTDOY 18%

NVO 13.9%

 

Based on today's market values.

Bold = I'd like to own these for a while.

[Dinar]

Airbus - 7% position

Arcosa (9% position) 

AIV (not a buyer here)

Ashtead PLC (not a buyer here)

Casey's General Stores (not a buyer here)

Coca Cola Consolidated (COKE)

Canadian Pacific (7% position) 

CRH (5% position)

Fairfax Financial (10% position)

GE aerospace (not a buyer here) - 3.6% position

St Joe (9% position) 

Keck Seng Investments (184 HK)

KSB AG (preferred shares)

Glenveagh Properties

Monarch Cement (4% position)

Madison Square Garden Entertainment - 4% position

New England Realty (largest position at 14% of portfolio) 

Nintendo

Progressive (not a buyer here) - 5% position

Philip Morris Intl (not a buyer here)

Safran (not a buyer here) - 4.4% position

Transdigm (not a buyer here) - 3.6% position

Tel Aviv Stock exchange (not a buyer here) - 12.5% position

Thermo Fisher

 

I will be buying Heidelberg Materials (to add to my aggregates & cement basket) tomorrow and will be looking to sell PM and GE in January, and AIV hopefully in H1 of 2025.  

[Dinar]

@thepupil, what is the investment thesis on Tetragon and is it a PFIC?  Thank you.

[thepupil]

29 minutes ago, Dinar said:

@thepupil, what is the investment thesis on Tetragon and is it a PFIC?  Thank you.

1) it’s a PFIC. 

 

2) thesis is that it’s largest asset (equitix) is rumored to be for sale at a significant premium to NAV; if rumor and price prove true, will generate about 100% of market cap in cash and NAV will increase and be significantly de-risked. Has traded up from 28% ish of NAV to 40% of NAV. I significantly increased my long held position. The company confirmed they are exploring alternatives for the Equitix and also changed their methodology of how they value it. 

[Xerxes]

2 hours ago, Dinar said:

Airbus - 7% position

Arcosa (9% position) 

AIV (not a buyer here)

Ashtead PLC (not a buyer here)

Casey's General Stores (not a buyer here)

Coca Cola Consolidated (COKE)

Canadian Pacific (7% position) 

CRH (5% position)

Fairfax Financial (10% position)

GE aerospace (not a buyer here) - 3.6% position

St Joe (9% position) 

Keck Seng Investments (184 HK)

KSB AG (preferred shares)

Glenveagh Properties

Monarch Cement (4% position)

Madison Square Garden Entertainment - 4% position

New England Realty (largest position at 14% of portfolio) 

Nintendo

Progressive (not a buyer here) - 5% position

Philip Morris Intl (not a buyer here)

Safran (not a buyer here) - 4.4% position

Transdigm (not a buyer here) - 3.6% position

Tel Aviv Stock exchange (not a buyer here) - 12.5% position

Thermo Fisher

 

I will be buying Heidelberg Materials (to add to my aggregates & cement basket) tomorrow and will be looking to sell PM and GE in January, and AIV hopefully in H1 of 2025.  

CP will have some headwinds with this new trade whatever it is going to be. No ?

 

GE had a clear thesis. The break-up. But for CP, the rational of Kansas City needs to shine through 

[UK]

BRKB, FFH, META, JOE, ERF, RTO and a few smaller positions.

[Luke]

Everybody hates China and chases the high-flyers, I am still holding Prosus and am in PDD as my second largest China position, Hang Lung Group as a third one. I still own a few Baba Shares but think PDD is going to be superior frankly. Still like FFH for the next couple of years too!

[willypoo]

TICKER	w_mv
MSTR	68.3%
HOM.UN	17.2%
FFH	8.9%
GOOGL	5.2%
GLASF	0.4%

[Luke]

My dad called me last evening again about Bitcoin and I am gettting concerned of the magnitude of the bubble, not only crypto is bloated but also the popular tech stocks in times where pensions are uncertain and the willingness to gamble with calls etc is at an all time high. Those markets have too much error towards overvaluation and i think one should really stay away from them for now...

 

EDIT: But that doesnt mean that bitcoin wont go to 200k and I will look even dumber while China goes from 8x PE to 4x!

Edited December 5 by Luke

[Dave86ch]

 

 

[Dave86ch]

45 minutes ago, Luke said:

...

 

EDIT: But that doesnt mean that bitcoin wont go to 200k

 

Why so bearish?

Edited December 5 by Dave86ch

[SharperDingaan]

Trimmed our obe and drilling positions with proceeds going into the more junior o/g dividend payers @ > 1O% cash yields.

 

BTC now a core position of X units that we're swing trading around. UBS remains untouched.

 

Now just a dividend collector and swing trader reinvesting proceeds in TBills & capital repatriation. Get the more exotic bucket list stuff in while we can, as the possibilities are closing in.

 

SD

 

 

 

[Castanza]

FRFHF (18%)

MSFT - (16%) reduced 4%

RTX - (13%)

BRK.B (8%)

GOOGL (6%) reduced 2%

CNSWF (6%) 

JOE (5%) 

CPRT (5%)

WFG (2.5%) reduced 2.5%

MELI (3%) new

SSD (2.5%) new

DHLGY (1%) new 

 

Cash ~14%

 

SBRCY (who tf knows)

 

new = last 3 months

Edited December 5 by Castanza

[Sweet]

Interesting to see not many are sitting on cash.  I’m about 40% cash which has a 4% yield, which I dislike, but the companies I like are just too expensive for me right now.  

[Castanza]

I've gone from 9-14% in the last month. Will probably flex down a few positions that have reached or surpassed fair value either this month or start of the new year. 

[Milu]

Rough weightings as of today, Cash 24%, Crypto 17%, Meta 16%, Tesla 13%, Alphabet 8%, Lululemon 5.5%, Amazon 5.5%, Nintendo 3.5%, Dominos 3.5%, LVMH 2%, Gold 1.5%. I swear I'm a traditional investor by heart I just has some big wins on some of my larger positions and didn't do much selling. It's been quite the ride these last 5 years. 24% is actually my lowest cash percentage ever.

 

 

Edited December 5 by Milu