Today, I reduced my position in B&M European Value Retail (BME.L) by 28.6%. Today’s sale comes at roughly 20% above my average purchase price.
My portfolio is now up approximately 26% year-to-date.
Taking Some Off the Table: B&M (BME.L)
I sold 28.6% of my B&M European Value Retail position today, November 5, 2026.
A trim at roughly 20% above cost raises a sizing question more than a valuation one: after a run, position weight drifts upward on its own. Was the 28.6% a fixed weight cap being restored, or a judgment on how much upside is left?