Rebalancing Trade Call: Trimming Overweight Google

about 1 month ago

Lance Roberts

"In our core portfolio, we own Google. It’s now over 5%, around 5.5% in weight, so we’ll trim that back to 4% to maintain our targeted allocation as the performance has pushed it higher."

The portfolio managers are executing a rebalancing trade by trimming their overweight Google position from approximately 5.5% back to their target of 4%. This move is part of their disciplined risk management strategy, ensuring that the portfolio remains properly diversified despite the strong performance of large-cap tech stocks. The action suggests a cautious stance amid market exuberance.

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