Bastion Growth Rockets Portfolio - mid June review
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)
š¾ SanDisk +24.4%
š½ Western Digital +23.0%
šļø Seagate +15.8%
š§ Micron +12.1%
Semiconductor equipment (picks and shovels)
š ļø Applied Materials +30.2%
š¬ Lam Research +22.1%
š¤ Teradyne +15.4%
š” Coherent +14.5%
š Monolithic Power +5.5%Ā
AI compute (the quiet consensus trade)
š§© AMD +6.0%
š® NVIDIA +0.6%
š„ļø Dell -2.9%
š” 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.Ā
High-multiple software & networking (the drag)
š”ļø Palo Alto +1.0%
š¦
CrowdStrike -5.2%
š¶ Datadog -5.8%
š± Aplovin -15.0%
š Ciena -20.1%Ā
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.
