Get rid of $SBUX (+3.11%) out with $PAH3 (+1.63%)

Digital Transformation Capital Partners (DTCP) wants to raise EUR 500 million for Europe's largest VC fund and has already attracted several prominent anchor investors.

The Hamburg-based investment firm Digital Transformation Capital Partners (DTCP) is working on the launch of Europe's largest venture capital fund to date specifically for defense start-ups.

The first well-known investors have already been acquired for the fund, which is targeting a volume of 500 million euros. This is according to a report by Bloomberg.

DTCP, which emerged from Deutsche Telekom around ten years ago, has completed the investments of its anchor investors, Managing Partner Thomas Preuß told Bloomberg News.

He confirmed that DTCP is ultimately aiming for a fund volume of 500 million euros.

Well-known anchor investors

As already announced in August, Porsche Automobil Holding SE $PAH3 (+1.63%)
$P911 (+3.95%) - the holding company of the billionaire Porsche-Piëch family - and Deutsche Telekom $DTE (-2.05%) had held talks about joining the new fund as anchor investors.

Both companies are currently awaiting antitrust approval for stakes of between 25.1 and 49.9 percent in the Luxembourg-registered defense fund. This is according to submissions made to the Federal Cartel Office in December.

If DTCP achieves its goal, the fund would be the largest defense fund for start-ups in Europe.

In light of the Russian invasion of Ukraine and US President Donald Trump's wavering support for NATO, European governments have increased their military spending to record levels. Start-up founders and investors are trying to profit from this boom.

Up-and-coming defense companies such as the drone manufacturer Helsing have now reached valuations in the billions.

Many defense funds in launch

Other players such as the French state investment bank Bpifrance, Dutch Keen Venture Partners and Lakestar founder and investor Klaus Hommels are also launching funds for the sector - albeit on a smaller scale, as Bloomberg News reported.

According to Preuß, DTCP plans to make around 30 investments with the new fund, with an average investment volume of around 20 million euros per company.

Investments will primarily be made in European digital defense infrastructure as well as start-ups in areas such as supply chains, connectivity, data centers, materials, robotics, cybersecurity and unmanned systems.

Dual-use strategy dominates

Around a fifth of the investments are to relate exclusively to military technologies, including weapons systems. The remainder will be spent on dual-use technologies with both civilian and military applications.

This represents a noticeable change in sentiment among fund managers and investors, who had long stayed away from investing in military equipment. In August, for example, Porsche dropped its earlier stipulation that investments could only have a dual-use character.

I do not have any $O (-0.56%) and none $MBG (+2.37%) in my portfolio, I have nevertheless accumulated a considerable amount of dividends. And yes, a few cents from $NVDA (+2.36%) rolled in ;) - But the main drivers this time were $PAH3 (+1.63%) , $BATS (+0.04%) and various ETFs. However, I think I will just miss the €10,000 for the year as a whole. Are you tracking your income against your targets?

https://youtu.be/vqG5dfLs_Yw

Hello everyone,

It's time for some criticism again.

Briefly about myself, I am 24 years old

and my strategy is a mix of growth and dividends with quality. I have the MSCI World as my basis.

I have bought very few shares recently, I hold a fairly high cash ratio. Only my ETF savings plans on $IWDA (+2.01%)
$EIMI (+3.69%)
$WSML (+2.27%) are executed monthly.

I also have one or two speculative stocks in my portfolio, such as $ORSTED (+4.02%)
$FXPO
$PYPL (+0.94%) . I will sell these when the prices are attractive.

The absolute losers at the moment are $DGE (+1.72%) & $PAH3 (+1.63%) . With $DGE (+1.72%) I am, however, considering buying more.

With $NKE (+3.73%)
$TGT (+3.53%)
$UPS (+5.04%)
$NOVO B (+2.51%) I am quite relaxed about the poor performance. I think patience will pay off here.

Feel free to give me feedback, I'm happy to receive any kind of constructive criticism! 😊

After giving a lot of thought to whether I should add to one of my many positions or look for a tidbit, I decided to welcome SAP to my portfolio - one of the few companies in Germany that still has sufficient potential, but is moving sideways this year.

In addition, I will probably be getting rid of some positions soon and cleaning up my portfolio a little by the end of the year - at least that's my plan... The following are the main ones that catch my eye

$PUM (+4.86%)

$LXS (+4.73%)

$PAH3 (+1.63%)

$SIX2 (-0.24%)

Once bought with the idea of dividends and a possible turnaround in mind, I doubt that the situation with these companies will change abruptly and now regard them more as yield killers.

SAP comes in handy as an addition in order to still be able to invest alongside $ALV (+1.42%) and $DHL (+2.97%) another German company in the portfolio.

I've only been on this platform for two weeks, but at the end of the month there will be the first monthly update on the portfolio ... 😉

Start: 1,022,339 euros

End: 1,116,452 euros

Deposit: 41,000 euros

Profit:
+ 53,113 euros (+5.2%)

This month was quite a decent month in terms of the equity portfolio. The portfolio performance was driven primarily by gold stocks ($KNT (+4.13%)
$EQX (+4.8%) ). The gold price explosion, as I like to call it, is of course benefiting here. I assume that gold will continue to perform strongly and provide support for mining stocks. 📈

The automotive stocks in the portfolio have performed less well ($PAH3 (+1.63%)
$P911 (+3.95%)
$VOW (-0.09%) ). This was due to the profit warnings from Porsche and subsequently VW. Nevertheless, I remain optimistic and consider them undervalued at this level despite the difficult situation. 📉

Otherwise, I received around 1,000 euros in dividends this month and realized around 4,000 euros in gains on Alibaba and Baidu, among others. 💵

➡️🆓: On my way towards 4 million total assets, the target achievement level is now 39%. 😊

Let's see how October turns out. As always, it remains exciting!

I took advantage of the weakness in $PAH3 (Porsche SE) to buy another small position today.

The trigger for today's price weakness at Porsche and $VOW (-0.09%) is the profit warning from last Friday. Due to the change in strategy (more combustion engines and fewer EVs), Porsche had to make a non-cash write-down on goodwill.

I still consider VW / Porsche to be significantly undervalued. As we all know, the dead live longer 😉

At the same time, however, I believe I am already significantly overinvested in the sector, so I am merely using the weakness as a trading opportunity and would also sell today's 10%+ position.

What do you think of the German automotive industry?$PAH3 (+1.63%)

>> Like, if you want a list like this every week.

MondayAugust 18, 2025:

- 08:00: Germany: Building permits (June) - indicator for construction activity.

- 11:00: Eurozone: Trade Balance (June) - Impact on EUR.

- 12:00: Germany: Bundesbank Monthly Report (August) - Monetary policy assessments.

- 16:00: USA: NAHB Housing Market Index (August) - leading indicator for the real estate sector.

- Corporate figures:

- Australia: BHP Group, annual figures (approx. 22:00).

- USA: Palo Alto Networks, Q4 figures (approx. 22:00).

TuesdayAugust 19, 2025:

- 08:00: Germany: Manufacturing order backlog/reach (June) - industrial activity.

- 10:00: Eurozone: ECB Current Account (June) - impact on EUR.

- 14:30: USA: Building Permits and Housing Starts (July) - housing market and economic sentiment.

- Corporate figures:

- Germany: Ceconomy, Hannover Re, K+S (approx. 07:00-08:00).

- USA: Home Depot, Q2 figures (approx. 12:00).

WednesdayAugust 20, 2025:

- 01:50: Japan: Trade Balance (July) - impact on JPY.

- 08:00: Germany: Producer prices (July) - inflationary pressure.

- 08:00: UK: Consumer prices (July) - signal for BoE policy.

- 16:30: USA: Crude Oil Inventories (week) - impact on oil prices.

- 20:00: USA: FOMC meeting minutes (July 29/30) - Fed interest rate policy.

- Corporate figures:

- Germany: Brenntag, E.ON, Porsche Automobil Holding (approx. 07:00-08:00).

ThursdayAugust 21, 2025:

- 09:15: France: Manufacturing/Services PMI (August, preliminary) - economic activity.

- 09:30: Germany: PMI Manufacturing/Services (August, preliminary) - Economic activity.

- 10:00: Eurozone: PMI Manufacturing/Services (August, preliminary) - Economic activity.

- 10:30: UK: PMI Manufacturing/Services (August, preliminary) - Economic Activity.

- 14:30: USA: Initial Jobless Claims (week) - Labor Market Health.

- 14:30: USA: Philadelphia Fed Business Outlook (August) - Regional Economic Indicator.

- 16:00: USA: Existing Home Sales (July) - Real Estate Market.

- 16:00: Eurozone: Consumer Confidence (August, preliminary) - Consumer Sentiment.

- Corporate figures:

- Germany: Hapag-Lloyd, LANXESS, HHLA (approx. 07:00-08:00).

- UK: Aviva, H1 figures (approx. 08:00).

- USA: Walmart, Q2 figures (approx. 13:00); Intuit, Q4 figures (approx. 22:00).

FridayAugust 22, 2025:

- 02:30: Japan: Jibun Bank PMI Manufacturing/Services (August, preliminary) - economic activity.

- 08:00: Germany: GDP (Q2, 2nd release) - economic activity.

- 08:00: UK: Retail Sales (July) - Consumer Behavior.

- 16:00-18:00 (expected): USA: Fed Chair Powell, speech at Jackson Hole - monetary policy.

- Corporate figures:

- Finland: Fortum, Q2 figures (approx. 08:00).

- Germany: H&R, mobilezone (approx. 07:00-08:00).

#FinX
$BHP (+6.48%)
$HD (+1.97%)
$WMT (-0.39%)
$HLAG (+1.71%)
$PAH3 (+1.63%)
$FORTUM (+4.18%)
$FOJCY
$LXS (+4.73%)
$AV. (+2.66%)