Q3. Yikes, particularly for my taxable portfolio.

Purchases:

$NARI - New position at $65.25/sh. Post on it here.

$CROX - New position at $97.38/sh. I unfortunately didn’t have time to write a post on it.

$BNTX - Added 42% more shares at $97.20/sh

$MRNA - Added 41% more shares at $99.00/sh

$PSNY - Added 39% more shares at $4.21/sh

$PCOR - Added 16% more shares at $64.70/sh

$PGNY - Added 12% more shares at $40.74/sh

$DDOG - Added 14% more shares at $85.75/sh

$CRWD - Added 13% more shares at $146.34/sh

$NET - Added 16% more shares at $64.78/sh

$CHWY - Added 21% more shares at $28.68/sh

$DOCS - Added 32% more shares at $22.31/sh

$BROS - Added 19% more shares at $30.81/sh

$COST - Added 13% more shares at $545.65/sh. I wrote about why here.

DRIPs:

$AAPL $COST $F $HD $IIPR $NLCP $NTDOY $NVDA

Sells:

$MQ - I had added 46% more shares in March just based on how far the stock had fallen and how valuations seem compressed. I sold those shares in August for a 19.5% gain and, to be honest, I’m less enthused about owning any shares. The concentration risk with $SQ has dramatically increased (78% of revenue in Q2), the highest it’s been in at least 3 years. They renewed with Block but reporting indicates Block used their leverage and Marqeta got far less favorable terms. It’s all leaving a sour taste in my mouth. I haven’t exited the position yet but I’m not far from it either.

$NVDA - Sold 30% of my shares to bring my investment back to my original cost basis. Nvidia could go bankrupt tomorrow and wipe out my remaining shares and this would still go down as one of my best investments in total dollars.

$U - I am done with Unity and John Riccitiello and the rest of that management team. To remove the emotions a bit, I’ve decided to sell my position in 8 equal lots, with each sale occurring on the first weekday of each month over the next 8 months.

DRIPs: $IIPR, $NLCP, $AAPL, $COST, $F, $HD, and $NVDA

No more purchases since self-directed brokerage contributions are ending at my employer. All my contributions now go into $FXAIX.

DRIPs: $AMT $BIPC $CUBE $HSY $MCD $MTN $PEP $PLD $SBUX $SCI $SHW $TSCO $TTC $TXN $UNH $UNP $UPS $V $WM $XYL

My combined IRA and 401k returns along with my benchmarks returns:

Quarterly

Me - (6.25%)

$SPY - (3.38%)

$QQQ - (4.20%)

YTD

Me - 13.86%

$SPY - 12.31%

$QQQ - 26.10%

5 best performing positions YTD

$NVDA - 254.3%

$UPST - 235.0%

$DKNG - 158.8%

$FSLY - 134.1%

$IOT - 102.8%

5 worst performing positions YTD

$SIVB/$SIVBQ* - (99.6%)

$PSNY - (56.1%)

$CHWY - (54.6%)

$BIRD - (54.1%)

$TRUP* - (53.2%)

As I said in my Q2 recap, cash being my 2nd largest position would not last. Cash now my 4th largest position after opening my positions in $NARI and $CROX. Cash is now 3.8%, down from 6.6% at the end of Q2.

My top 10 positions are ~37% of my IRA/401k portfolio, with $MELI remaining at the top at 8%.

Purchases:

$MNDY - Added 25% more shares at $161.00/sh

$SDGR - Added 11% more shares at $36.39/sh

$SILK - Added 29% more shares at $20.65/sh

DRIPs: None

Sells: None

My taxable returns are:

Quarterly

Me - (26.83%) - Ahhhh, the joys of having a small, very risky growth company portfolio.

$SPY - (2.37%)

$QQQ - (1.92%)

YTD

Me - (19.22%)

$SPY - 8.31%

$QQQ - 21.89%

3 best performing positions YTD

$DT - 22.5%

$NCNO - 21.0%

$MNDY – 13.7%

3 worst performing positions YTD

$SILK - (73.1%)

$DMTK - (63.5%)

$ATZAF - (49.8%)

Fundrise: Don’t know if you’ve heard but real estate is having a moment. My Q3 return in Fundrise was (5.28%) and my YTD return is (10.52%). My overall annualized return is (10.41%).

StartEngine: I currently have angel investments in:

None of those companies re-raised at new valuations so my Q3 return was 0.00%. YTD, my return is 1.62% as Future Cardia re-raised in Q1 at a 47% share price increase. Overall, my StartEngine annualized return is 6.92%. These are all paper gains that I cannot recognize until a merger, acquisition, IPO, etc. So far in the 18 months I’ve been participating in angel funding, that has not yet happened. However, none of my investments have gone bankrupt yet so woot to that!

In totality, Fundrise and StartEngine make up ~2% of my overall investment portfolio, my taxable brokerage makes up ~6%, my 401k brokerage makes up ~11%, and my retirement brokerage is the remaining 81%.

I currently have the following position counts:

IRA Brokerage - 62 positions. Of these, I actively track 45 positions. The other 18 are considered core holdings that I’m comfortable following just on the periphery throughout the year and doing an annual review when the 10-K releases.

401k brokerage - 22 positions. Of these, I actively track none of them. They are all core holdings that I’m comfortable following just on the periphery throughout the year and doing an annual review when the 10-K releases.

Taxable brokerage - 11 positions. Of these, I actively track all of them. None are considered core holdings.