Hello my dears, @Klein-Anleger1

after the great performance in the previous months

August was unfortunately not so successful.

But September is going well again so far. And so I am YTD with + 5.04 % better than the

NASDAQ 100 + 0.16% World+ 1.14 %.

Reasons for the underperformance in August are earnings at my large position GFT and negative news at Defi Technologie.

The tariffs weighed on Embraer, and the correction in defense weighed on Kitron and AeroVironment.

Vertex's earnings were also the fly in the ointment.

Negative position: (month of August)

Defi Technology - 25.61%. $DEFI (+2,33 %)

Innodata - 23.64%. $INOD (+1,23 %)

Tokyo Electron - 20.95%. $8035 (+0,08 %)

Vertex. - 16,38% $VRTX (-0,22 %)

Aixtron. -15,53%. $AIXA (+0,7 %)

Transdigm. -15,13%. $TDG (+0 %)

Vertiv. -14,72%. $VRT (+1,69 %)

Coinbase. -13,01%. $COIN (-0,67 %)

AeroVironment. -11,91%. $AVAV (+1,3 %)

Kitron. -7,79%. $KIT (+1,44 %)

Microsoft. -7,64%. $MSFT (-0,81 %)

Embraer. -4,75%. $ERJ (+0 %)

Nvidia. -4,33%. $NVDA (-1,54 %)

GFT Technology -3.67%. $GFT (+0,84 %)

With so many negative positions, I am glad that I got off lightly due to my positive positions.

Plus positions: (month of August)

Gilat Satellite. +22,14%. $GILT (+0,27 %)

Applovin. +18,69%. $APP (+0,39 %)

NU Holdings +17.88%. $NU (+0,46 %)

SoFi. +12,24%. $SOFI (+1,89 %)

Alphabet. +8,95%. $GOOGL (+1,49 %)

Fortescue. +8,90%. $FSUGY (+1,42 %)

New positions:

$PYPL (+0,02 %)

Focus H2 2025:

$PYPL (+0,02 %) Expand position (Equal with the $SOFI (+1,89 %) investment)

$ASML (+1,92 %) Expand position to €10k invested capital

Reinvest dividends accordingly.

Focus H1 2026:

Expansion of the remaining positions and entry into $BMNR (-2,35 %) (earlier if necessary).

Watchlist:

$BMNR (-2,35 %)

What do you think?

$SOFI (+1,89 %)

I would be interested in your fair values at Sofi, I am currently working on an analysis simply as an "analyst rating", even if this will probably be more subjective here.

Short spoiler: the current fair value is $35!

$SOFI (+1,89 %)
$AFRM (+0,96 %)
$RKLB (+3,11 %)

Changes will be made before the market opens on September 11. $AFRM (+0,96 %) and $RKLB (+3,11 %) will also be added. All three have also just been added to the MSCI index.

Index inclusion and institutional inflows will continue from here.

The Bloomberg 500 Index (B500) is a float market capitalization-weighted index that tracks the 500 largest publicly traded companies in the US by market capitalization. It serves as a benchmark for the performance of the largest US companies and covers approximately 80% of the available market capitalization. The index is calculated by Bloomberg and is an important tool for investors to track the performance of the US equity market. It is updated regularly to ensure the relevance of the companies included and covers both growth and value companies.

Soon S&P 500 ?