IBKR Portfolio 26W42

Statistics

Deposit280.0 [+0.0]
Net622.9 [-42.3]
Gain342.9 [-42.3]
Cash-415.1 [-38.2]
Long1038.0 [-4.1]
TR%1M3M1Y3Y
SPY+1.5+1.9+16.8+81.5
QQQ+0.8+0.7+18.9+95.4
MXWO+0.1+1.3+16.2+79.5
IBKR-3.7+7.2+28.0+169.0
exposure 261016
cash 261016

Based on a net liquidation value of $622.9k.
Total adjusted leverage ratio is 1.70.

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Largest Positions

TRankPrevTickerCompanyUSD1WΔ%
↔ 11BMNRBITMINE IMMERSION TECHNOLOGI56.0-5.79.0
↔ 22285A.TKIOXIA HOLDINGS CORP33.90.75.4
↔ 33EDVVANGUARD EXTENDED DUR TREAS21.90.93.5
↔ 44PLTRPALANTIR TECHNOLOGIES INC-A18.6-2.33.0
↔ 55RCP.LRIT CAPITAL PARTNERS PLC16.60.12.7
↔ 66BSTBLACKROCK SCIENCE & TECH TR14.2-1.02.3
↑7NRJBBBJANUS HENDERSON B-BBB CLO ET14.214.22.3
↔ 88VCLTVANGUARD LONG-TERM CORP BOND11.90.21.9
↔ 99PGHN.SWPARTNERS GROUP HOLDING AG11.80.31.9
↔ 10103234.TMORI HILLS REIT INVESTMENT C11.30.01.8
↓117ASSTSTRIVE INC-A10.8-1.71.7
↓1211IGVISHARES EXPANDED TECH-SOFTWA10.4-0.81.7
↓1312NVDANVIDIA CORP9.6-0.71.5
↑14NRRVIIROBINHOOD VENTURES FUND II9.02.51.4
↓15135020.TENEOS HOLDINGS INC8.80.21.4
↓1614ADSKAUTODESK INC8.60.21.4
↓1716NOWSERVICENOW INC8.50.11.4
↓1817GOOGLALPHABET INC-CL A8.2-0.31.3
↔ 1919ARKKARK INNOVATION ETF8.00.01.3
↔ 1919IBKRINTERACTIVE BROKERS GRO-CL A8.00.01.3

Covered calls :
* Fully covered
^ Partially covered

Dropped out :
CADENCE DESIGN SYS INC (CDNS)
MICRON TECHNOLOGY INC (MU)

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Actions

Entered :

6981.TMURATA MANUFACTURING CO LTDElectronic ComponentsTechnology
NXTNEXTPOWER INCSolarTechnology
CCO.TOCAMECO CORPUraniumEnergy

Increased :

JBBBJANUS HENDERSON B-BBB CLO ETJanus HendersonSecuritized Bond – Focused
USARUSA RARE EARTH INCOther Industrial Metals & MiningBasic Materials
SLBSLB LTDOil & Gas Equipment & ServicesEnergy
VCXFUNDRISE INNOVATION FUND LLCAsset ManagementFinancial Services
VIG.VIVIENNA INSURANCE GROUP AGInsurance – DiversifiedFinancial Services
WWRWESTWATER RESOURCES INCOther Industrial Metals & MiningBasic Materials
AMKRAMKOR TECHNOLOGY INCSemiconductor Equipment & MaterialsTechnology
ET PIENERGY TRANSFER LPOil & Gas MidstreamEnergy
RVIIROBINHOOD VENTURES FUND IIAsset ManagementFinancial Services
BKNGBOOKING HOLDINGS INCTravel ServicesConsumer Cyclical
BMRNBIOMARIN PHARMACEUTICAL INCBiotechnologyHealthcare
KKRKKR & CO INCAsset ManagementFinancial Services
SOFISOFI TECHNOLOGIES INCCredit ServicesFinancial Services
MTZMASTEC INCEngineering & ConstructionIndustrials
OWLBLUE OWL CAPITAL INCAsset ManagementFinancial Services
BAC PRPBANK OF AMERICA CORPBanks – DiversifiedFinancial Services
APM.TOANDEAN PRECIOUS METALS CORPSilverBasic Materials
285A.TKIOXIA HOLDINGS CORPSemiconductorsTechnology
9A4U.SIESR-REITREIT – IndustrialReal Estate
COHRCOHERENT CORPScientific & Technical InstrumentsTechnology
LEUCENTRUS ENERGY CORP-CLASS AUraniumEnergy

Decreased :

8601.TDAIWA SECURITIES GROUP INCCapital MarketsFinancial Services

Exited :

KTOSKRATOS DEFENSE & SECURITYAerospace & DefenseIndustrials
ADBEADOBE INCSoftware – ApplicationTechnology
RKTROCKET COS INC-CLASS AMortgage FinanceFinancial Services
IVN.TOIVANHOE MINES LTD-CL AOther Industrial Metals & MiningBasic Materials
CASHPATHWARD FINANCIAL INCBanks – RegionalFinancial Services

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Notes

  • Numana holds the belief that the current market downturn is temporary and is based on a false premise that the computing cluster buildout will run into some sort of credit default. Although there is limited visibility into how these companies will raise enough capital to fund the buildout, it is evident that spending will occur at feasible rates from the perspective of the builders.
  • Coreweave’s senior unsecured bond yields have blown out to above 14%, but Jensen Huang has recently come out to say that funding expenses have been declining for Coreweave. Note that Nvidia is a major shareholder in Coreweave and would likely act as a source of funding during a liquidity crisis. Some of the major memory manufacturers may also decide to redirect some of their massive cash flows towards the hyperscalers if necessary.
  • Numana also increased its short position on the EUR and CHF currencies. The Swiss National Bank is poised to hold rates at the current levels for 2027 and the 1% interest rates at the current CHF/USD valuation was too attractive to pass up. For Europe, there is no innovation and there are insane levels of regulation with more the come. Career bureaucrats have pushed socialist ideals and have supported the unending flood of immigrants that have low intelligence and have no plans to work for anything. So the Euro remains a great source of credit even with the benchmark rates at 2.5% (+1.5% for IBKR) offering a somewhat expensive upkeep as consumption will severely outpace production in Europe.

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Upcoming Earnings

10/19 (Monday) :
CLF

10/20 (Tuesday) :
3750.HK, BHP.AX, CB, HAL, ISRG, MSCI

10/21 (Wednesday) :
TSLA

10/22 (Thursday) :
BX, DG.PA. LSEG.L, NDAQ, VLO

10/23 (Friday) :
SLB

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