Recent significant trades by theme

Theme Big tech

On the 2026-01-12, reduced position in Apple Inc. (AAPL) by -4% from 25% to 21%.
On the 2026-01-12, increased position in cash by 5% from 23% to 28%.
On the 2026-01-09, reduced position in Apple Inc. (AAPL) by -5% from 30% to 25%.
On the 2026-01-09, increased position in Amazon.com, Inc. (AMZN) by 1% from 1% to 2%.
On the 2026-01-09, increased position in cash by 4% from 19% to 23%.

Theme US Banks

On the 2026-01-12, reduced position in U.S. Bancorp (USB) by -3% from 24% to 21%.
On the 2026-01-12, reduced position in Citigroup Inc. (C) by -1% from 41% to 40%.
On the 2026-01-12, increased position in Wells Fargo & Company (WFC) by 1% from 0% to 1%.
On the 2026-01-12, increased position in cash by 4% from 19% to 23%.
On the 2026-01-09, increased position in Citigroup Inc. (C) by 5% from 36% to 41%.
On the 2026-01-09, reduced position in Bank of America Corporation (BAC) by -5% from 21% to 16%.

Theme Oil majors

On the 2026-01-12, reduced position in BP p.l.c. (BP) by -5% from 14% to 9%.
On the 2026-01-12, increased position in Exxon Mobil Corporation (XOM) by 5% from 29% to 34%.
On the 2026-01-09, reduced position in TotalEnergies SE (TTE) by -2% from 8% to 7%.
On the 2026-01-09, reduced position in BP p.l.c. (BP) by -3% from 18% to 14%.
On the 2026-01-09, increased position in Exxon Mobil Corporation (XOM) by 5% from 24% to 29%.

Theme Millenials

On the 2026-01-12, reduced position in Apple Inc. (AAPL) by -5% from 23% to 18%.
On the 2026-01-12, increased position in cash by 5% from 21% to 26%.
On the 2026-01-09, reduced position in Apple Inc. (AAPL) by -5% from 28% to 23%.
On the 2026-01-09, increased position in cash by 5% from 16% to 21%.

Theme Global Macro

On the 2026-01-12, reduced position in Invesco QQQ Trust (QQQ) by -5% from 8% to 3%.
On the 2026-01-12, increased position in Vanguard Total International Stock Index Fund ETF Shares (VXUS) by 5% from 24% to 29%.

Theme Luxury

On the 2026-01-12, reduced position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by -2% from 28% to 26%.
On the 2026-01-12, increased position in cash by 2% from 20% to 22%.
On the 2026-01-09, increased position in Kering SA (KER.PA) by 2% from 18% to 20%.
On the 2026-01-09, reduced position in cash by -2% from 22% to 20%.

Theme Crypto

No major change recently.