Disclaimer: This writeup is not investment advice. I am sharing my research insights and positioning on individual companies for informational and entertainment purposes. In particular, I do not take into account any reader’s personal financial situation. Please do your own research.
Overall, 2024 Q1 has been a good quarter. My portfolio was up 10% thanks to my 5% position in Root, which has been up 331% until quarter end since my writeup. The performance of the remaining portfolio was rather disappointing with -7%.
With this writeup I am providing an overview about my portfolio going into Q2 2024. I will explain my rationale about core positions (Root, IWG, HelloFresh), China, AI, and other new positions, as well as a brief update about positions I have exited.
Portfolio 2024 Q2
Core Positions (40%)
My three core positions are Root, IWG, and HelloFresh, each of which I have written up in detail. Root has organically grown into a substantial position of my portfolio. In early April, I sold one third of my Root position as a risk management measure around $72. Without this reduction, Root would now be a 23% position of my portfolio.