As I’ve been doing recently, I just trimmed again my positions in $APP (-3,12 %) Applovin and $CLS (-1,42 %) Celestica.
Both amazing companies with a superv momentum and explosive growth, they have been in my portfolio for more than 2 years both giving returns of over 1.000% (from my first buy, then I kept adding).
At this point, they are my 2 biggest holdings and have been for a while, and I try to mantain them under 8% of my portfolio (each). Although they keep running, I don’t see them as safe investments anymore due to rich valuations, so I’m divesting (for the 3rd time now) to place my money in other ideas.
Don’t get me wrong, they still are between my biggest 3 holdings, just making them a bit smaller.