Hi to all the getquin community!

Even though I have been a very active reader, this is my first post here. I just wanted to introduce my portfolio and get as much feedback as possible. First, some personal background:

I am 21, just graduated my bachelor and I’m starting my master’s degree in September. At the same time, I work in research, and I just got a contract extension which guarantees income for the whole length of my master. I manage to invest around 700€ per month, as my salary more than covers my living expenses, while my parents (investors themselves) help me cover rent, as an encouragement for me to invest. I acknowledge I’m very lucky with them and I’m very thankful to have it this easy compared to my peers.

Regarding my investment strategy, since I am young and have a long time horizon ahead of me, I have always preferred a very aggressive portfolio. After making some mistakes with riskier individual trades in the past, I decided to shift toward a more balanced but still growth-oriented approach by integrating ETFs. The goal is to use a monthly savings plan to build a solid foundation while keeping a cash buffer on the sidelines to pick up individual stocks when good opportunities come up.

Starting this month, I am putting 650€ per month into a new automated savings plan. I decided to restructure the ETF side of things by introducing two new funds (instead of only $WEBN (-0,79 %) and $EIMI (-2,52 %) ): $WIRE (-2,76 %) and $IEFM (-0,27 %).

Here is why I made this switch:

First, I chose $WIRE (-2,76 %) because I want to invest in the massive increase in energy and infrastructure demand coming from the tech sector. I deliberately wanted to avoid just buying more semiconductor companies, as I already have plenty of exposure to them in my individual stock picks. $WIRE (-2,76 %) lets me target the clean energy and grid infrastructure side instead. Second, I added $IEFM (-0,27 %) to give the portfolio better geographic balance. The individual stocks I own are heavily concentrated in the US market, so adding a European momentum fund helps diversify that risk while still maintaining an aggressive growth focus. The rest of the savings plan runs with $WEBN (-0,79 %) and $EIMI (-2,52 %) . I am aware that $WEBN (-0,79 %) has exposure also to emerging markets, hence why the monthly share in $EIMI (-2,52 %) is now the smallest, just to have the possibility to only sell part of the EM exposure in the future if needed.

I would really appreciate any feedback or critiques on this setup, the balance between the ETFs and single stocks, or how you would manage the cash sideline. Thanks a lot to anyone who takes the time to reply!

We're halfway through 2026, this means it is time to briefly analyze and assess the performance of my portfolio, its evolution in the near future and where some changes might be necessary.

🟢 Top 3 best performing assets YTD:

🥇 $ASML (-1,91 %) +60,55% 💿

What else can we say about this company? Biggest moat in the market, unstoppable revenue and profits guided by the AI industry and market expectations continuously beaten.

It's the biggest individual stock in my portfolio, accounting for roughly 11%, i'm planning to keep it for the long term even though i won't add more unless a correction doesn't come.

🥈$ATAI (-0,22 %) +26,94% 🔬

The smallest position in my portfolio, accounting for less than 1%. I'm really excited by the disruption they'll bring in treating psychiatric illnesses if their research and their products turn out to be effective. Unfortunately, according to consensus, they won't be profitable for at least another 3 years, but they have a lot of cash to finance their activities and researches. In addition they were added into the Russell 2000 and 3000 indexes in the end of June.

🥉 $IWVL (-1,31 %) +18,70% 🌐

One of my core positions. It helped a lot balancing the overall performance in uncertain times during the year. It accounts for 10% of the whole portfolio

🔴 Top 3 worst performing assets YTD:

🥇 $BTC (-2,04 %) -29,50% 🗿

"Look how they massacred my boy". In october i could have locked in a +132% profit, but i didn't because i am convinced Bitcoin will represent a revolution in international macroeconomics and digital payments, other than a reserve of value, and will be adopted more and more institutionally and retailwise. I'll definitely buy more when we'll reach the supposed bottom in this cycle.

🥈 $COPX (-0,57 %) -8,08% 🪏

High volatility in here. If June had ended three weeks ago this ETF would be highly in the profit zone. I believe this is a nice addition to leverage energy transition and accounts for 3,3% of my portfolio. I'm planning to bring it up to 5%

🥉 $LDO (-1,45 %) -3,75% 🔫

The defense industry has been under some pressure lately but the general consensus here is bullish. European defense budgets increasing, more and more conflicts and tensions rising around the world added to a well diversified product portfolio, orders growing and good management make them highly undervalued for me.

🛑 SOLD 🛑

I decided to part ways with BYD and realize a -36,36% loss. Don't get me wrong, the company is amazing and will be one of the top car manufacturers in the world sooner or later, but too many geopolitical and sectorial issues are a brake to their stock price and i figured it was better to reinvest the remaining money into $EIMI (-2,52 %) and bring the emerging markets share of my portfolio to roughly 8%.

🔮What i am planning for the second half of the year?

First thing i wanna do is bringing up $COPX (-0,57 %) to a 5% weight, as i mentioned earlier.

My performance target is 12% p.a. I'm halfway through so i'll probably stick to this composition for the time being.

By the end of the year i would like to implement Epi 3×GTAA strategy as a satellite position constituting approximayely 5% of my portfolio.

I'd like to hear your opinions and your suggestions 😊

Here's what i'm doing differently:

1. 🔻Reducing the weight of $BTC (-2,04 %) between 5 and 10%. I don't think we have already reached a bottom in the chart and macro situation is not optimal.

2. 🔻Reducing the weight of $KCVBHW (-0,16 %) to max 40% of the portfolio. Still a long way since it is at approximately 53% right now. I'm not planning to sell positions, i'm just not going to contribute too much on that

3. ⬆️ Increasing my value and emerging markets positions through $EIMI (-2,52 %) and $IWVL (-1,31 %)

4. Started a new savings plan on copper miners through $COPX (-0,57 %) , planning to get it to 5% of my portfolio

In the short term i will increase my position in $LDO (-1,45 %) since for me it's highly undervalued right now. Target prices and fair values are being constantly upgraded and are far higher than the current stock price, P/E ratio is pretty low for a defense company and earnings coming from brand new projects, joint ventures and new orders are still to be published in balance sheet

With over 3,000 holdings under the hood, you would expect this broad Emerging Markets giant to offer the ultimate form of diversification. But if you look closely at the allocations today, one massive outlier immediately jumps out:

Taiwan Semiconductor Manufacturing Co. $2330) now makes up over 12% of the entire index.

To put that into perspective, the number two holding (Samsung) hovers around 5% to 6%, and after that, the weights drop below 3% very quickly. Because the semiconductor sector has experienced such an explosive run over the last couple of years fueled by the AI revolution TSMC’s massive growth has given it an unprecedented footprint in the index.

This raises an important question for long-term index investors:

Is a 12% weight for a single company in an emerging markets fund simply too high?

$XMME (-2,77 %)
$SPYM (-2,67 %)
$EIMI (-2,52 %)