I’m making two changes in the portfolio:
Fully exiting WOSG.L
I’ve sold the stake in Watches of Switzerland Group (WOSG.L) at today’s close around 35% profit in 3 months. The original thesis has largely played out, and the current risk/reward no longer feels compelling versus other opportunities on my watchlist.
Initiating DFH at a 2.7% weight
I’m initiating a new small position in Dream Finders Homes (DFH) at 2.7% of the portfolio at the current price levels. This reflects my preference to redeploy into a business with what I see as attractive unit economics, a long runway tied to U.S. housing demand, and a capital-light approach to growth.
Disclaimer: The views expressed on Moat Mind are solely for informational and educational purposes and do not constitute financial or investment advice, nor an investment recommendation. The author is not acting as an investment adviser and does not provide personalized financial guidance. This content is not a comprehensive analysis of any security and is not a substitute for independent research—including review of SEC filings and consultation with a qualified financial professional. Although the information is based on sources believed to be reliable, its accuracy and completeness are not guaranteed, and opinions are subject to change without notice.
Disclosure: The author may hold positions in, or trade, the securities discussed without further notice. Example portfolio performance is not a promise of future returns, and past performance does not guarantee future results. You are solely responsible for your investment decisions, and Moat Mind disclaims any liability for losses incurred. Always consult a qualified financial advisor before making any investment decisions.
