Recent significant trades by theme

Theme Big tech

On the 2026-01-13, reduced position in Apple Inc. (AAPL) by -4% from 21% to 17%.
On the 2026-01-13, increased position in cash by 5% from 28% to 33%.

Theme US Banks

On the 2026-01-14, increased position in U.S. Bancorp (USB) by 1% from 19% to 21%.
On the 2026-01-14, reduced position in Citigroup Inc. (C) by -2% from 38% to 36%.
On the 2026-01-14, reduced position in Bank of America Corporation (BAC) by -2% from 13% to 11%.
On the 2026-01-14, increased position in cash by 4% from 26% to 29%.
On the 2026-01-13, reduced position in U.S. Bancorp (USB) by -2% from 21% to 19%.
On the 2026-01-13, reduced position in Citigroup Inc. (C) by -2% from 40% to 38%.
On the 2026-01-13, increased position in Wells Fargo & Company (WFC) by 3% from 1% to 4%.
On the 2026-01-13, reduced position in Bank of America Corporation (BAC) by -2% from 15% to 13%.
On the 2026-01-13, increased position in cash by 2% from 23% to 26%.

Theme Oil majors

On the 2026-01-14, reduced position in TotalEnergies SE (TTE) by -2% from 5% to 2%.
On the 2026-01-14, reduced position in BP p.l.c. (BP) by -3% from 6% to 3%.
On the 2026-01-14, increased position in Exxon Mobil Corporation (XOM) by 5% from 39% to 44%.
On the 2026-01-13, reduced position in TotalEnergies SE (TTE) by -2% from 7% to 5%.
On the 2026-01-13, reduced position in BP p.l.c. (BP) by -3% from 9% to 6%.
On the 2026-01-13, increased position in Exxon Mobil Corporation (XOM) by 5% from 34% to 39%.

Theme Millenials

On the 2026-01-14, reduced position in Lululemon Athletica Inc. (LULU) by -2% from 5% to 3%.
On the 2026-01-14, increased position in cash by 2% from 30% to 33%.
On the 2026-01-13, reduced position in Apple Inc. (AAPL) by -3% from 18% to 15%.
On the 2026-01-13, increased position in cash by 4% from 26% to 30%.

Theme Global Macro

On the 2026-01-14, increased position in iShares 20+ Year Treasury Bond ETF (TLT) by 3% from 0% to 3%.
On the 2026-01-14, reduced position in Invesco QQQ Trust (QQQ) by -3% from 3% to 0%.

Theme Luxury

On the 2026-01-14, reduced position in Ralph Lauren Corporation (RL) by -2% from 33% to 31%.
On the 2026-01-14, increased position in Kering SA (KER.PA) by 2% from 20% to 23%.
On the 2026-01-14, reduced position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by -2% from 24% to 22%.
On the 2026-01-14, increased position in cash by 2% from 22% to 25%.
On the 2026-01-13, increased position in Ralph Lauren Corporation (RL) by 2% from 31% to 33%.
On the 2026-01-13, reduced position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by -2% from 26% to 24%.

Theme Crypto

No major change recently.