Dear investors,
With a stock portfolio, you are of course always dependent on what the markets do. When the stock markets are falling, it's already quite an achievement if you don't make a loss; when the stock markets are rising, you have to try to outperform them.
So let's take a look at what happened in July.
AEX -1.23% (from 913.28 to 902.06)
EuroStox50 -2.62% (from 5303.24 to 5165.60)
Dow Jones Index +0.08% (44,049 to 44,130)
SP500 +2.17% (from 6204 to 6339)
Euro/Dollar from 1.1787 to 1.1416
With this data, a score between -2 and +2% is a market-based performance.
Global Strategy result +8.24%, and I can be proud of that.
Who were the standouts in July 2025?
In our portfolio, these were:
Advance Micro Devices (+24.81%),
Palantir (+16.95%) and
Mongo/DB (+14.05%)
There were two stocks that had a negative score.
These were:
ASLM (-10.17%)
Tesla (-2.44%)
You can deduce from this that I am still heavily invested in the tech sector. But that is also the only sector that continues to outperform.
At the moment, we are around 80% invested and 20% cash. (Although I did buy one more share in August.)
Next month, the system will have been live for exactly one year, and I will be able to prepare the first annual report.
Finally, I believe this portfolio is a valuable addition for investors who are less involved in the tech sector themselves.
Kind regards,
Ruud Hoefnagels