Hey all,
My portfolio had a strong upswing this month. The biggest changes included consolidating my main stocks down to 12. I ended up favoring smaller, less recognized semiconductors like SIMO, KLIC, and COHU. Although stocks such as SNDK, LITE, and SITM I view as great names, but possibly less upside.
Quite a few names on the lower allocation side did not live up to my expectations on their earnings report and I removed them from my portfolio.
Another change is that I kicked off a small locally listed international portfolio of four stocks that makes up 0.5% of my overall total.
My results at the end of May were,
- 2024: 146%
- 2025: +112%
- 2026: +50% YTD
- Cumulative: +683%
YTD points in time for 2026 are,
- JAN +4% YTD
- FEB -16% YTD
- MAR -20% YTD
- APR +11% YTD
- MAY +50% YTD
My allocations ended at,
- Astera Labs ALAB - 16.6%
- Credo CRDO - 15.2%
- AppLovin APP - 14.3%
- Iren IREN - 11.4%
- Silicon Motion SIMO - 8.5%
- Pattern Group PTRN - 6.8%
- Micron MU - 6.0%
- Reddit RDDT - 5.0%
- Kulicke & Soffa KLIC - 4.9%
- Figure Technology FIGR 4.8%
- Ethos Technologies LIFE - 4.2%
- Cohu COHU - 1.3%
- Foreign listed semis - 0.5%
Foreign listed semis I own,
- SmartOptics SMOP.OL - Norwegian based optical solutions
- Phison Electronics 8299.TW - flash memory, controller ICs, competitor to SIMO
- ADATA Technology 3260.TW - fabless DRAM and SSD products
- Transcend Information 2451.TW - fab with memory and storage products
Stocks that I bought and sold,
- Applied Optoelectronics AAOI
- Figma FIG
- Forgent Power Solutions FPS
- ACM Research ACMR - Chinese semiconductor wafer test + prep
- KVH Industries KVHI - Maritime satellites and services for boats
Promising new ideas,
- Hinge Health HNGE - physical therapy app with expanding market
- Viavi Solutions VIAV - network test, measurement and optical security
- Vistance Networks VISN - edge hardware provider for cable and telecom
- Diodes DIOD - power semiconductor solutions with power conversion
- Arlo Technologies ARLO - subscription service for cameras, doorbells, flood lights
- Digi International DGII - industrial IOT and related products
- Advanced Energy Industries AEIS - power electronic conversion products
- SiTime SITM - semiconductor timing devices
In my portfolio & market commentary section I talked this month about thoughts on a bubble. The bigger conclusion here is that my strategy does not factor in whether the market is a bubble or not a bubble. This part of my strategy is intentional as I look to avoid guesswork and have a simple strategy.
Best of luck to everyone and their portfolios!