US companies plan share buybacks on a historic scalewhich is a sign of the American economy's confidence in the economy. Nvidia Corp is the latest company to join the long list of buyback plans.

The announced buybacks exceeded the 1 trillion US dollars reaching this level in a very short time, according to data from Birinyi Associates. The previous record was set in October last year.

In recent months, corporate giants - particularly in the areas of finance and technology - have given the green light for extensive share buyback programs.

$AAPL (-0,66%)

$GOOGL (+0,59%)

$NVDA (-3,33%)

$JPM (-3,54%)

$GS (-1,94%)

$WFC (-3,85%)

$BAC (-2,34%)

$V (-2,85%)

$C (-2,33%)

$BKNG (-2,06%)

Source: https://www.moneyweb.co.za/news/markets/us-firms-racing-through-1trn-buyback-spree-in-record-time/

$MS (-2,23%)

Today I reduced my semi-ETF by 20% to bring the weighting from 15% to 10%.

No single position has a total weighting (ETF+single stock) above 5%, which is also my threshold. I always want to stay below 5% exposure.

My forward P/E of the portfolio has also fallen to 23, which is below my target of <25, despite the high tech allocation.

This means that my tech sector weighting is now in line with my world ETF $QDEV (+0,04%)which contains around 40-49% tech. I'm happy with that. I'm just still tech-bullish.

I have also reduced the USA region to 63%, almost identical to my world ETF (61%), and thus within my target range of 60-69%.

My favorites in the semi area remain anyway $TSM (+2,72%) and $HY9H (+1,68%) which I bought cheaply and undervalued as individual positions.

$NVDA (-3,33%) is and remains king, but I do not believe that the annual return will remain above 10% in the next few years, for this the market cap would have to grow by 400 billion every year, which I think would be difficult. $AVGO (+8,33%) currently has a P/E 5x greater than forward P/E, which shows that analysts are extremely bullish on future earnings. I am also bullish, but not as strongly, so the stock has already run very hot.

My top 10 holdings with 32% total weighting are currently:

4.95% $TSM (+2,72%) Taiwan Semi

4.65% $NVDA (-3,33%) NVIDIA

4.55% $GOOG (+0,47%) Google

4.47% $AVGO (+8,33%) Broadcom

2.85% $MSFT (-3,17%) Microsoft

2.63% $META (-0,3%) Meta

2.37% $AAPL (-0,66%) Apple

2.04% $ASML (+1,67%) Asml

1.95% $MA (-2,53%) Mastercard

1.91% $JPM (-3,54%) JPMorgan

Today I got rid of some of my winners and shifted further into my ETFs.

I have sold:

$CL2 (+0,02%) +5% this fine ETF, also known as holy amumbo, will be rebuilt right next week via savings plan.

$TXRH (-0,48%) +13% whether this will not become a tenbagger in the long term and was therefore a stupid sale?

$JPM (-3,54%) +20%

$V (-2,85%) +25%

$CAT (+0,21%) +26% I suspect that we are at the end of the cycle here. But who knows for sure?

$LULU (-6%) -10% good numbers, very bad chat history, but at least it saved me some taxes.

$RKLB (+5,42%) +28% This stock always made me think of Peter Lynch's quote, "don't buy the stocks of rocket companies, buy the boring ones..."

Bought:

$VWRL (-0,45%) at €129.48 🥱

and

$EQQQ (-0,59%) at 481.75 € 😎

Homer Simpson July 31, 2025

Hello everyone,

I currently need a tip or two to finalize my portfolio to my liking.

The framework is now in place and consists mainly of the $XDWD. In the next few months, with the payment of the next bonus, the $EIMI (+0,2%) will move up. I am therefore trying to cover everything and generate steady growth until retirement.

I have also added a few dividend stocks to my portfolio, which should increase my annual passive income in the future. Everything in combination but with a slightly higher weighting on growth through the ETF. Everything is saved between EUR 800-1000 per month.

My question now: I still need a dividend stock in the healthcare sector and in the financial sector.

I am currently watching $JNJ (-0,31%) for the healthcare sector and $V (-2,85%)
$CBA (-0,6%)
$JPM (-3,54%)

Do you have any other ideas for a single stock addition for these sectors?

I am very grateful for ideas....