TYL
Tyler Technologies, Inc.
stock NYSE

I just continued my portfolio re-balancing that began 3 years ago when I realized I didn't have enough time to keep up with the amount of individual positions I had since having my daughter. The target is 25 core positions that I have the highest conviction in and a 50/50 cost basis split b/t individual stocks and ETFs (AVDV, AVUV, QQQ, and VOO). My goal is to hit those marks by the time she's off to kindergarten, so \~1.5 more years. A lot of the below had been on the chopping block for a while. I recently opened positions in 5 SaaS companies that I felt were way oversold (NOW, GTLB, VEEV, GWRE, and IOT). I expect 2 or 3 of them to remain core positions while 2 or 3 get sold (hopefully after a nice recovery). Funds from any future sales will continue to be allocated to existing positions as going to cash is not in my DNA. I stay invested.
|Sold|Time Held (yrs)|My Total Return|SPY Total Return|QQQ Total Return|
|:-|:-|:-|:-|:-|
|CELH|1.49|\+38.3%|\+26.4%|\+31.7%|
|NVR|0.98|\+10.8%|\+13.4%|\+14.6%|
|MEDP|4.04|\+144.9%|\+57.8%|\+74.1%|
|PGNY|5.12|(53.6%)|\+63.1%|\+76.2%|
|PATH|4.87|(71.3%)|\+59.3%|\+72.0%|
|EZPW|0.07|\+13.0%|\+0.2%|\+0.6%|
|MRNA|4.26|(72.2%)|\+47.4%|\+53.4%|
|SNOW|5.41|(23.9%)|\+76.9%|\+93.2%|
I added the following % more shares to existing positions:
* LMND - 7%
* MELI - 6%
* NU - 20%
* GTLB - 17%
* NTDOY - 6%
* TYL - 13%
* CLBT - 13%
* AVDV - 13%
* AVUV - 4%
* QQQ - 5%
* VOO - 4%
I still need to cut 13 more positions. My cost basis split is 47% ETFs and 53% individual stocks.
* My annualized return since I started investing in 2009: 14.89%
* SPY: 12.04%
* QQQ: 14.07%
* My annualized return since 12/31/21 (around the time when my daughter was born): (0.05%)
* SPY: 8.76%
* QQQ: 7.70%
* My annualized return since 12/31/23: 15.32%
* SPY: 16.27%
* QQQ: 14.44%

So things are improving as I rebalance to core positions that I have the highest convictions in and allocate to ETFs. More work still to do.

I just continued my portfolio re-balancing that began 3 years ago when I realized I didn't have enough time to keep up with the amount of individual positions I had since having my daughter. The target is 25 core positions that I have the highest conviction in and a 50/50 cost basis split b/t individual stocks and ETFs (AVDV, AVUV, QQQ, and VOO). My goal is to hit those marks by the time she's off to kindergarten, so \~1.5 more years. A lot of the below had been on the chopping block for a while. I recently opened positions in 5 SaaS companies that I felt were way oversold (NOW, GTLB, VEEV, GWRE, and IOT). I expect 2 or 3 of them to remain core positions while 2 or 3 get sold (hopefully after a nice recovery). Funds from any future sales will continue to be allocated to existing positions as going to cash is not in my DNA. I stay invested.
|Sold|Time Held (yrs)|My Total Return|SPY Total Return|QQQ Total Return|
|:-|:-|:-|:-|:-|
|CELH|1.49|\+38.3%|\+26.4%|\+31.7%|
|NVR|0.98|\+10.8%|\+13.4%|\+14.6%|
|MEDP|4.04|\+144.9%|\+57.8%|\+74.1%|
|PGNY|5.12|(53.6%)|\+63.1%|\+76.2%|
|PATH|4.87|(71.3%)|\+59.3%|\+72.0%|
|EZPW|0.07|\+13.0%|\+0.2%|\+0.6%|
|MRNA|4.26|(72.2%)|\+47.4%|\+53.4%|
|SNOW|5.41|(23.9%)|\+76.9%|\+93.2%|
I added the following % more shares to existing positions:
* LMND - 7%
* MELI - 6%
* NU - 20%
* GTLB - 17%
* NTDOY - 6%
* TYL - 13%
* CLBT - 13%
* AVDV - 13%
* AVUV - 4%
* QQQ - 5%
* VOO - 4%
I still need to cut 13 more positions. My cost basis split is 47% ETFs and 53% individual stocks.
* My annualized return since I started investing in 2009: 14.89%
* SPY: 12.04%
* QQQ: 14.07%
* My annualized return since 12/31/21 (around the time when my daughter was born): (0.05%)
* SPY: 8.76%
* QQQ: 7.70%
* My annualized return since 12/31/23: 15.32%
* SPY: 16.27%
* QQQ: 14.44%

So things are improving as I rebalance to core positions that I have the highest convictions in and allocate to ETFs. More work still to do.