Investments

Multiple sectors have been hit lately and especially semiconductors and AI stocks. One contributor seems to have been overly leveraged South Korean market where margin call has hit quite a few investors. Supposedly Situational Awareness fund was also forced to sell a lot if not all public holdings. Therefore I decided to make an early contribution to monthly plan and bought 20 shares of iShares NASDAQ 100 UCITS ETF EUR HEDGED for 16,13 EUR per share. Still not making bigger investments since NASDAQ 100 has not been hit that badly, and then there’s the whole topic of currencies and US interest rates. Yesterday IREN was hit bad after a long streak of down days. I bought 50 shares for 29,90 USD per share and 50 shares for 29,00 USD per share. This brings my total position to 400 shares. Still haven’t decided if these will be a short term swing trade or long position.

See:

https://www.reuters.com/legal/transactional/south-korea-curbs-may-not-save-investors-slaughtered-by-2-trillion-rout-2026-07-30/

https://www.cnbc.com/2026/07/30/leopold-aschenbrenners-hedge-fund-is-facing-steep-ai-losses.html

This might be a part of short term trade but haven’t decided yet. I bought additional 100 shares of IREN Limited for 38,00 USD per share. Lately IREN has swung up and down despite very positive developments. I will consider short swings with my whole position of 300 shares but might also just go long with these.

Dividend re-investment time with very little new capital as markets seem to be valued way too high in general. But like planned, my bare minimum is monthly contribution type of investments in NASDAQ 100 and in Nordic markets. In general I see potential in Nordic stocks compared to most other markets but not exactly with the stocks included in XACT Nordic High Dividend Low Volatility ETF as it has – among other things – quite high concentration of banking and finance stocks. But assuming that my general thesis for Nordic stocks is correct, those stocks might work as a rough proxy for well progressing Nordic companies as a whole while producing income. Therefore I bought:

• iShares NASDAQ 100 UCITS ETF EUR HEDGED: 10 shares for 17,318 EUR per share
• XACT Nordic High Dividend Low Volatility ETF: 50 shares for 167,90 SEK per share

This was a tricky one. Main IREN thesis is intact but lately they have made some stupid moves. Wasting money on sponsorship deals is one thing, overblown compensation packages for management is something totally different. Latter explains the most recent drop and I can´t really blame people selling as I have been tempted to sell myself. Instead I decided to round up this position to even 200 shares but will keep an eye on this going forward. I bought additional 20 shares for 37,99 USD per share and like said own now 200 shares. Therefore this is not a big position but still…

See: https://www.forbes.com.au/news/entrepreneurs/iren-co-founders-score-1-2-billion-pay-packet/

Monthly contribution time mainly with a dividend reinvestment. Not a huge fan of the current market as valuations seem way too high. Sure, there are some positive signs, but that’s after stupid self inflicted wounds for global markets. I suppose monthly contribution type of transactions are sensible compromise.

• iShares NASDAQ 100 UCITS ETF EUR HEDGED: 10 shares for 17.592 EUR per share
• XACT Nordic High Dividend Low Volatility ETF: 50 shares for 165.80 SEK per share

Dividend reinvestement time since Mandatum and few others paid dividends recently. As planned, I will focus mainly on reinvesting dividends into well diversified income producing ETFs. NASDAQ 100 here is just the normal monthly maintenance purchace as it’s getting really pricey but monthly contribution is monthly by definition.

• Franklin European Quality Dividend UCITS ETF: 50 shares for 37.835 EUR per share
• iShares NASDAQ 100 UCITS ETF EUR HEDGED: 10 shares for 17.106 EUR per share
• XACT Nordic High Dividend Low Volatility ETF: 100 shares for 166.78 SEK per share

Luotea Plc was spinned off by Lassila & Tikanoja Plc recently and, since it was not a part of Lassila & Tikanoja I was really interested in, I decided to sell my 300 shares for 2,445 EUR per share and buy additional 100 shares of Lassila & Tikanoja for 7,37 EUR per share. This was very small position with very limited upside. Perhaps the sector has some potential for consolidation but still upside would very limited and even dividend is very mediocre.

Dividend reinvestement time since Nordea paid dividends today. As planned, I will focus mainly on reinvesting dividends into well diversified income producing ETFs. NASDAQ 100 here is just the normal monthly maintenance purchace.

• Franklin European Quality Dividend UCITS ETF: 50 shares for 36.55 EUR per share
• iShares NASDAQ 100 UCITS ETF EUR HEDGED: 10 shares for 13.85 EUR per share
• XACT Nordic High Dividend Low Volatility ETF: 50 shares for 165.34 SEK per share

Situation in the Middle East is getting worse by the day. Still the markets haven’t reacted in any maningful way despite the obvious potential for a proper crash. Oil and LNG capacity has been hit and this will have significant impact for next few years. Therefore I decided to buy just the minimum of 10 shares of iShares NASDAQ 100 UCITS ETF EUR HEDGED for 14,28 EUR per share. I can’t justify making bigger moves right now without significant drop in price. I’ll likely make the normal dividend re-investements in income producing ETFs but NASDAQ will get these minor purchases until there is a proper reason for tapping into cash reserves.

Dividend reinvestement time. I bought additional 50 shares of XACT Nordic High Dividend Low Volatility ETF for 169,28 SEK per share. I have very mixed feelings about the markets for the next few years. In a way I see huge risks with the AI transition and with the impact it might have on various countries. Then again the pace of change might in reality be much slower than it appears now. Real life environments tend to have a lot of inertia. Perhaps I won’t sell anything but will keep on slowly buying mainly through dividend reinvestments. Spring season with biggest dividends is almost here and I might not be able to help myself even if I try.