value and opportunity

Draeger Genußscheine

After the dramatic increase in the Draeger Genußscheine, the portfolio weight of this position increased to aropund 11%. As 10% is my maximum treshold, I will sell down to 10% of portfolio weight from today on.

Manchester United short

Manchester United is now avaliable to short at Interactive Brokers. Therefore I will start with a 1% portfolio weight short position as of today as discussed in the post.

On the third trading day, the stock showed already a similar pattern to Facebook after the IPO, with the banks supportiung now at 13,40 USD after the IPO price didn’t hold.

Rebalancing: Total Produce, Hornbach, Vetropack

Due to differences in performance and paid out , some of my core holdings dropped significantly below the 5% target thresholds, among others:

– Total Produce (~4.2%(
– Hornbach (~4.5%)
– Vetropack (4.16%)

For those 3 companies, I will add to a full 5% over the next days depending on volume.

DISCLAIMER

By the way, please do not forget that I might own or buy or sell the mentioned securities privatley and read the disclaimer.