Q3 2025 Wrap up report

Investment Analysis Clubs Hohum's RollerCoaster Ride
1

I went back and looked, and realized I have not summarized each quarter in 2025. That is something I used to do in prior years. Well, let me try here to discuss Q3 2025 at some level. What I do know is that the port was trailing the market index (SPY) at the end of Q2 2025. What I can say is the port had a nice rebound in Q3 2025. The delta with SPY is much smaller.

Highlights:

  1. It has been a while since I've had a 300% gainer.  It showed up this Qtr with New Egg (NEGG).  Three nibbles, two monetized with gains of 300% and 150%.  Have added a little more to NEGG and the stake is currently about even.
  2. My big tech names staged a rally too.  Good bounces from AAPL and NVDA.  Also QCOM, but to a lesser degree than AAPL and NVDA.
  3. Added interest in existing or new tech names has been a plus - COHR, CAMT, NBIS, IREN,
  4. Shipping basket was red at the of June 2025.  Turned positive in July 2025, and remained so in the next two months.

Top 10

  1. Nvidia (NVDA)
  2. Berkshire Hathway Class B (BRK-B)
  3. Qualcomm (QCOM)
  4. Apple (AAPL)
  5. Dutch Bros (BROS)
  6. Flex LNG (FLNG)
  7. YieldMax NVDA options ETF (NVDY)
  8. YieldMax Mag 7 options ETF (YMAG)
  9. BW LPG (BWLP)
  10. Hims & Hers (HIMS)

Reasonable mix of sectors in the Top 10 ~41% of self-managed port.

There is a dividend basket in 2025. As noted in another thread, it reached its dividend target in Q3 2025. Though I did sell a majority of one core position, FLNG, I did rebuild much of it back up in Q2 2025. The other core names are QCOM and YMAG - both have seen increases during 2025. In particular, YMAG. There has been some effort to mix its components a little more. At the start of 2025, 8 of 16 names in the basket were shipping. Now, shipping is down to 6 names.

Winners and Losers: Already mentioned NEGG earlier. Other nice winners in Q3 include PLTR, HIMS, AMD, STNG, VERI, GSM, FRO, NAT. Special mention to a BWLP trim in early Sept 2025. Wasn’t so much the gain - it was avoiding the subsequent price pull-back. On the losing end, not as much in Q3. I will say, I did mess up a few shipping ideas during H1 2025. [Edit: In Q1, it was primarily LPG, HAFN, ECO. In Q2, many of them I view as “cost basis resets”, but they were still dumb moves FLNG, INSW (in taxable ac), FRO (taxable ac), TRMD (both)]. The YieldMax names are interesting. At least, two (NVDY, YMAG) of the three are showing as losers on a cost basis. But, if one adds the hefty weekly/monthly payouts, both names are positive.

Shipping sector holds a special place for me. The basket started the year very negative, got progressively worse. Some clean-up and restarts, and trades put the basket back on the right track. At least, I would like to think so. It is definitely smaller, in both value and percentage, than it was at the start of the year. Currently, about 11% of the self-managed port. But, whereas most shipping names in the basket were negative to start the year, only ZIM is negative (include the div payouts in 2025, ZIM is net positive)

Thru end of Q3 2025, the self-managed port is 13.5%. It might be a little higher - I don’t think I do the intra-year addition-of-funds calculation quite right. I think SPY was 14%+ to end Q3 2025.

Looking ahead, I have cash to deploy, and open to trying new ideas, revisiting old names, or even existing names.

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