Bastion Growth Rockets Portfolio - mid June review
By Vlad from Bastion on
In June it stayed firmly in trend. +5.9% since the May 31 rebalance, +58% over three months, and +110% over the past year.
Memory & storage (the engine) 💾 SanDisk +24.4% 💽 Western Digital +23.0% 🗄️ Seagate +15.8% 🧠 Micron +12.1%
Semiconductor equipment (picks and shovels) 🛠️ Applied Materials +30.2% 🔬 Lam Research +22.1% 🤖 Teradyne +15.4% 💡 Coherent +14.5% 🔌 Monolithic Power +5.5%
AI compute (the quiet consensus trade) 🧩 AMD +6.0% 🎮 NVIDIA +0.6% 🖥️ Dell -2.9% 📡 Broadcom -11.8% The most crowded part of the AI trade did the least this month. The market already owns these names, so June's fresh money flowed into memory and equipment instead.
High-multiple software & networking (the drag) 🛡️ Palo Alto +1.0% 🦅 CrowdStrike -5.2% 🐶 Datadog -5.8% 📱 Aplovin -15.0% 🌐 Ciena -20.1%
Outside tech Comfort Systems +6.7% (Industrials) Lilly +2.2% (Healthcare)
The only two non-tech holdings, both green. Growth Rockets is an algorithmic factor portfolio. Once a month, it screens the entire S&P 500 and buys the 20 stocks with the highest combination of Growth Score and Price Momentum. The logic is simple: own real growth businesses that the market is actively chasing, not cheap value traps and not hype without fundamentals. High revenue growth plus a strong price trend, rebalanced every month, equal weighted.