📄 portfolio-snapshot-2026-05-04.md 7,268 bytes Monday 03:29 📋 Raw

Portfolio Analysis — Taxable Account (Complete)

Date: 2026-05-04

Source: Robinhood screenshots (2 of 2)

Total Account Value: $198,913.51


Full Holdings Breakdown

Ticker Shares Value % of Account Category
TSLA 165 $64,485.30 32.4% Individual equity (tech/EV)
VTI 99.01 $35,175.84 17.7% Total market ETF (core)
VB 74.82 $21,310.52 10.7% Small-cap ETF (satellite)
IJJ 131.07 $18,590.40 9.3% Mid-cap value ETF (satellite)
COST 10.53 $10,651.18 5.4% Individual equity (retail)
GOOG 14.97 $5,737.57 2.9% Individual equity (tech)
SCHW 62.34 $5,706.33 2.9% Individual equity (financial)
AAPL 19.28 $5,400.54 2.7% Individual equity (tech)
TSN 81.74 $5,205.33 2.6% Individual equity (consumer staples)
PYPL 122.79 $6,193.48 3.1% Individual equity (fintech)
VPU 24.08 $4,843.37 2.4% Utilities ETF (yield/defensive)
VMRXX 4,644.85 $4,644.85 2.3% Money market (cash equivalent)
CCJ 35.46 $4,276.11 2.2% Individual equity (uranium)
LLY 4.1 $3,944.84 2.0% Individual equity (biotech/pharma)
VO 16.17 $1,248.65 0.6% Mid-cap ETF (core extension)
Cash $1,499.20 0.8% Cash

Total accounted: $198,913.51 ✅ (reconciled: $198,914 vs. $198,913.51 = $0.49 rounding)



Concentration Analysis — Updated

Single-Name Risk (Individual Equities)

Ticker Value % of Account Cumulative
TSLA $64,485 32.4% 32.4%
COST $10,651 5.4% 37.8%
PYPL $6,193 3.1% 40.9%
GOOG $5,738 2.9% 43.8%
SCHW $5,706 2.9% 46.7%
AAPL $5,401 2.7% 49.4%
TSN $5,205 2.6% 52.0%
CCJ $4,276 2.2% 54.2%
LLY $3,945 2.0% 56.2%

Total individual equities: ~56% of account
Total ETFs: ~41% of account (VTI 17.7% + VB 10.7% + IJJ 9.3% + VPU 2.4% + VO 0.6%)
Cash/money market: ~3% of account


Key Observations (Updated)

1. TSLA concentration: 32.4%

  • Still the dominant position but not catastrophic
  • With 2018 cost basis, unrealized gain is massive
  • Risk: TSLA beta ~2.0 = 2x market volatility
  • Action item: Define hard cap (suggest 30-35%)

2. LLY confirmed: 2.0% ($3,945)

  • Small position relative to conviction
  • GLP-1 thesis intact but not sized for impact
  • Question: Is this a starter position or intentionally small?

3. CCJ: 2.2% ($4,276)

  • Uranium/nuclear thesis aligned with energy rotation
  • Note: You mentioned CCJ as a CSP candidate — you already own it
  • CSP on existing position = increasing concentration. Flag this.

4. GOOG + AAPL: 5.6% combined

  • Tech giants, liquid, dividend-paying
  • Defensible but adds to tech correlation with TSLA

5. SCHW (Charles Schwab): 2.9%

  • Financial sector — contradicts "tech only" bias
  • Interest rate beneficiary (net interest income)
  • Insight: You do own non-tech when the thesis is clear

6. TSN (Tyson Foods): 2.6%

  • Consumer staples — defensive, inflation hedge
  • Surprising: Not aligned with your stated sectors. What's the thesis?

7. VPU (Utilities): 2.4%

  • Yield + defensive — income component
  • Smart addition for a growth-heavy portfolio

8. VMRXX + Cash: ~3.1%

  • Money market + cash = dry powder
  • Reasonable reserve level

Sector / Theme Mapping

Theme Holdings % of Account
Tech/Growth TSLA, GOOG, AAPL, PYPL ~41%
Core/Index VTI, VB, IJJ ~38%
Healthcare/Bio LLY ~2%
Energy/Materials CCJ, VPU ~5%
Consumer COST, TSN ~8%
Financial SCHW ~3%
Cash/Dry Powder VMRXX, Cash ~3%

Risk Assessment (Updated)

Correlation Risk

  • TSLA + GOOG + AAPL + PYPL = all tech/growth
  • In tech selloff, these move together
  • Concentrated tech risk: ~41% of account in correlated names

Missing Exposure

  • No international (VTI is US-only)
  • No REITs
  • No dedicated commodity/energy beyond CCJ + VPU
  • No bonds/fixed income

Behavioral Insight

  • You DO own non-tech when thesis is clear: SCHW (financial), TSN (staples), CCJ (uranium), VPU (utilities)
  • This contradicts the "tech only" self-image
  • Reality: You're a generalist with tech bias, not a tech monogamist

Tax Implications

  • TSLA: 2018 purchase = LTCG treatment. Cost basis likely $10-50/share range.
  • LLY: Small position, likely recent purchase = may be STCG if sold soon
  • VMRXX: Taxable interest income
  • Note: This account is 100% taxable. Consider tax-loss harvesting opportunities (PYPL at loss?)

Questions for Director

  1. TSLA cost basis: Rough per-share range?
  2. LLY sizing: Starter position or intentionally small?
  3. TSN thesis: Why Tyson Foods? (Not in your stated sectors)
  4. PYPL: Are you underwater? Tax-loss harvesting candidate?
  5. International exposure: Is this in your 403b? (VTI is US-only)

Summary

This is NOT the wild concentration I expected.
- 32.4% TSLA is large but not reckless
- 40% in ETFs provides ballast
- 9 individual stocks = more diversified than "concentrated" profile suggested
- Tech/growth ~41% is high but not all-in
- Cash/dry powder ~3% is reasonable

The real insight: You're more balanced than you think. The "barbell" is visible: VTI anchor + TSLA satellite. But the middle is more populated than you described.

Recommendation: Own the full picture. Update your self-image from "tech barbell" to "tech-weighted generalist with ETF core."


Questions for Director — ANSWERED

  1. TSLA cost basis: Unrealized gain = $57,760.10 on $64,485 position → cost basis ~$6,725 or ~$40.75/share. Held since 2018.
  2. LLY sizing: Sold half, then half again. Now 2% ($3,945). Intentionally reduced, would rebuild on dip.
  3. TSN thesis: Protein industry, high inflation sector with corporate profits and sticky margins. Trading below book value at entry.
  4. PYPL thesis: Playing as acquisition target — M&A premium bet.
  5. International exposure: Is this in your 403b? (Still TBD)

Updated Insights

TSLA: The Tax Bomb

  • Unrealized gain: $57,760 (89.5% of position value)
  • Selling ANY = 15-20% LTCG tax on gain
  • Trim $10K = ~$1,500-2,000 tax bill
  • This is why you haven't sold — not just conviction, tax drag
  • Covered calls become MORE attractive: monetize without triggering gains

LLY: Disciplined Profit-Taking

  • Sold half, then half again = systematic position reduction
  • Not "falling out of love" — sizing discipline
  • "Rebuild on next dip" = waiting for better entry
  • This is the anti-PLTR behavior. Good.

TSN: Value Play

  • Below book value entry = classic value criterion
  • Protein/inflation thesis = commodity cost pass-through
  • Sticky margins = pricing power
  • This is NOT random — it's a deliberate value trade outside tech

PYPL: Event-Driven

  • M&A premium thesis = binary outcome
  • If acquired: quick win. If not: potential tax-loss harvest
  • Appropriate sizing at 3.1% — not betting the farm

Updated: 2026-05-04 (complete with all screenshots + Director Q&A)