Well, almost the end of the month, and <decisions, decisions> jumbled the 2026 basket. Then, I decided on this workaround option - A primary basket, and a follow-along basket.
Primary basket:
- QCOM (17.52%)
- over 10%: FLNG, INSW, BWLP (new), TRMD,
- over 5% : YMAG, QYLD, TGT, GLNG,
- less than 5%: GPTY, RWTO (4.07%)
Follow-along basket:
BWLP (old), HRL, NAT (has exited. But, could make a return), HAFN, NVDY
It was a combination of factors that created this scenario.
- Not saying I won’t add to the existing positions in the primary basket. But, unlike 2025, when I tinkered with many of the names, less mess. This version allows me to place idea repurchases in the follow-along basket.
- With the strong sense that BWLP will be pruned during the year, I opted to separate the taxable ac BWLP shares into two flavors (one for each basket)
- New dividend ideas that I find appealing and get purchased will show up in the follow-along basket
- The four shipping ideas in the Primary basket have experienced some run-up in 2026 YTD. The four are still significant - 44% of the total (edit: Primary basket, not total). But overweight vs majority are two different things. If the situation shows up in the follow-along basket? Well, that basket is more transitionary or fluid.