Recent significant trades by theme

Theme Big tech

On the 2025-12-17, reduced position in Apple Inc. (AAPL) by -5% from 46% to 41%.
On the 2025-12-17, increased position in cash by 5% from 4% to 9%.
On the 2025-12-16, reduced position in Apple Inc. (AAPL) by -1% from 47% to 46%.
On the 2025-12-16, increased position in cash by 1% from 3% to 4%.

Theme US Banks

On the 2025-12-19, increased position in Citigroup Inc. (C) by 4% from 37% to 40%.
On the 2025-12-19, reduced position in cash by -4% from 40% to 36%.
On the 2025-12-18, increased position in U.S. Bancorp (USB) by 5% from 17% to 22%.
On the 2025-12-18, reduced position in Bank of America Corporation (BAC) by -5% from 6% to 1%.
On the 2025-12-17, increased position in U.S. Bancorp (USB) by 5% from 12% to 17%.
On the 2025-12-17, reduced position in Citigroup Inc. (C) by -5% from 42% to 37%.
On the 2025-12-16, increased position in U.S. Bancorp (USB) by 4% from 8% to 12%.
On the 2025-12-16, reduced position in Citigroup Inc. (C) by -5% from 47% to 42%.
On the 2025-12-16, increased position in Bank of America Corporation (BAC) by 1% from 5% to 6%.

Theme Oil majors

No major change recently.

Theme Millenials

On the 2025-12-17, reduced position in Apple Inc. (AAPL) by -5% from 46% to 41%.
On the 2025-12-17, increased position in cash by 5% from 4% to 9%.
On the 2025-12-16, reduced position in Apple Inc. (AAPL) by -1% from 47% to 46%.
On the 2025-12-16, increased position in cash by 1% from 3% to 4%.

Theme Global Macro

On the 2025-12-19, reduced position in Vanguard Total International Stock Index Fund ETF Shares (VXUS) by -5% from 6% to 0%.
On the 2025-12-19, increased position in Vanguard Total Stock Market Index Fund ETF Shares (VTI) by 5% from 8% to 13%.
On the 2025-12-18, reduced position in iShares 20+ Year Treasury Bond ETF (TLT) by -5% from 14% to 9%.
On the 2025-12-18, increased position in Vanguard Total International Stock Index Fund ETF Shares (VXUS) by 5% from 1% to 6%.
On the 2025-12-17, increased position in iShares 20+ Year Treasury Bond ETF (TLT) by 5% from 9% to 14%.
On the 2025-12-17, reduced position in Invesco QQQ Trust (QQQ) by -5% from 32% to 27%.
On the 2025-12-16, increased position in iShares 20+ Year Treasury Bond ETF (TLT) by 5% from 4% to 9%.
On the 2025-12-16, reduced position in Invesco QQQ Trust (QQQ) by -14% from 46% to 32%.
On the 2025-12-16, increased position in Vanguard Total Stock Market Index Fund ETF Shares (VTI) by 8% from 0% to 8%.

Theme Luxury

On the 2025-12-19, reduced position in Ralph Lauren Corporation (RL) by -2% from 29% to 27%.
On the 2025-12-19, reduced position in Kering SA (KER.PA) by -2% from 31% to 28%.
On the 2025-12-19, increased position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by 2% from 13% to 16%.
On the 2025-12-19, increased position in cash by 2% from 27% to 29%.
On the 2025-12-18, increased position in Ralph Lauren Corporation (RL) by 2% from 27% to 29%.
On the 2025-12-18, reduced position in Kering SA (KER.PA) by -2% from 33% to 31%.
On the 2025-12-18, increased position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by 2% from 12% to 13%.
On the 2025-12-18, reduced position in cash by -2% from 29% to 27%.
On the 2025-12-17, reduced position in Ralph Lauren Corporation (RL) by -1% from 28% to 27%.
On the 2025-12-17, increased position in Kering SA (KER.PA) by 3% from 30% to 33%.
On the 2025-12-17, reduced position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by -1% from 13% to 12%.
On the 2025-12-16, reduced position in Ralph Lauren Corporation (RL) by -3% from 31% to 28%.
On the 2025-12-16, increased position in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) by 3% from 10% to 13%.

Theme Crypto

No major change recently.