Recent significant trades by theme

Theme Big tech

On the 2026-01-07, reduced position in Apple Inc. (AAPL) by -5% from 40% to 35%.
On the 2026-01-07, increased position in cash by 5% from 10% to 15%.
On the 2026-01-06, reduced position in Apple Inc. (AAPL) by -5% from 45% to 40%.
On the 2026-01-06, increased position in cash by 5% from 5% to 10%.

Theme US Banks

On the 2026-01-07, reduced position in U.S. Bancorp (USB) by -3% from 27% to 24%.
On the 2026-01-07, increased position in Citigroup Inc. (C) by 2% from 38% to 41%.
On the 2026-01-07, reduced position in Bank of America Corporation (BAC) by -2% from 23% to 21%.
On the 2026-01-07, increased position in cash by 3% from 11% to 14%.
On the 2026-01-06, increased position in Bank of America Corporation (BAC) by 5% from 18% to 23%.
On the 2026-01-06, reduced position in cash by -5% from 16% to 11%.

Theme Oil majors

On the 2026-01-06, reduced position in TotalEnergies SE (TTE) by -1% from 10% to 8%.
On the 2026-01-06, reduced position in BP p.l.c. (BP) by -4% from 27% to 23%.
On the 2026-01-06, increased position in Exxon Mobil Corporation (XOM) by 5% from 14% to 19%.

Theme Millenials

On the 2026-01-07, reduced position in Apple Inc. (AAPL) by -5% from 38% to 33%.
On the 2026-01-07, increased position in cash by 4% from 7% to 12%.
On the 2026-01-06, reduced position in Apple Inc. (AAPL) by -5% from 43% to 38%.
On the 2026-01-06, increased position in cash by 4% from 3% to 7%.

Theme Global Macro

On the 2026-01-06, reduced position in Invesco QQQ Trust (QQQ) by -5% from 18% to 13%.
On the 2026-01-06, increased position in Vanguard Total International Stock Index Fund ETF Shares (VXUS) by 5% from 19% to 24%.

Theme Luxury

On the 2026-01-07, increased position in Ralph Lauren Corporation (RL) by 1% from 31% to 32%.
On the 2026-01-07, reduced position in cash by -1% from 24% to 23%.
On the 2026-01-06, increased position in Ralph Lauren Corporation (RL) by 5% from 26% to 31%.
On the 2026-01-06, reduced position in Kering SA (KER.PA) by -1% from 17% to 15%.
On the 2026-01-06, reduced position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by -2% from 31% to 29%.
On the 2026-01-06, reduced position in cash by -2% from 26% to 24%.

Theme Crypto

No major change recently.