Portfolio Modifications - 06/05/2025
Cava, Uber, Sea Limited & Nebius.
I’ve always said that fundamentals, research & convictions matter, but beating the market comes down to execution. That’s what these write-ups will be about.
I will share through them every change in my active portfolio - stocks & options, reasonings & plans, before I even hit the buttons. I won’t update DCAs, I will only share my plans & new/closed positions in these write-ups. You can follow the rest directly on savvytrader.
https://savvytrader.com/wealthyreadingspro/active
I also recently opened a Buy & Hodl portfolio on which I will DCA $4,000 every month & focus on buying the best assets I can at the best possible price, 100% focused on fundamentals & valuation, without any active management.
https://savvytrader.com/wealthyreadingspro/buyandhodl
Keep in mind that both portfolios have completely different goals and I can behave very differently on both for the same name - accumulating in the buy & hodl while selling in the active portfolio for example. Different rules apply.
My goal is to deliver alpha over the long term, not just six months under easy market conditions. If/when proven this content is valuable, it will be shared behind a paywall. No rush, though; it’ll stay free until proven valuable.
So here’s the deal: you get full transparency on my trades, right when I make them. If - and only in that case, it brings real & long-term alpha, it’ll be accessible only for a fee. I believe that’s fair enough, but feel free to provide feedback!
Active Portfolio - None.
Option Portfolio - Bought CAVA OCT17’25 $95 Call.
Sold Nebius Aug15'25 35 Call Entirely.
B&H Portfolio - Bought CAVA & reinforced China positions.
Buys.
Cava OCT17’25 $95 Call @ $6.33.
I do not have an investment case written on Cava yet, so if you do not know it, it is a fast-casual Mediterranean restaurant chain in the U.S., specializing in customizable bowls, salads, pitas etc... Fast & healthy in a few words.
Restoration is a pretty strong sector without any need to explain why, but also pretty resistant to consumption slowdown as it isn’t the first expense households quit, while my thesis on U.S. consumption remains that the weakening is happening in circles which aren’t really Cava’s targets either way.
We also witness a clear shift in “fast food” consumption in the U.S. as we saw many franchises like McDonald’s or Starbucks lose clients to the profit of this kind of restoration - fast & healthy.
In brief, strong fundamentals, frequentation & demand for their products, very correct growth, strong financials & profitability and like often, a stock beaten by the market as it was clearly overvalued, bringing us back on more reasonable - although not cheap, prices with a very encouraging price action.
The stock is back on an earlier breakout and has been ranging for some weeks now, trying to confirm its actual local bottom around $70 & bounce from it.
The plan is really clear; breaking the local bottom would invalidate the trade, while the target is simply to go back to the last high around $100. The position will be closed on the first one reached, but I will hold the shares bought on the B&H portfolio as I believe the name can become really big in some years if that healthy trend continues, and I personally believe (and hope) it does.
Uber.
We know Uber’s fundamentals, and things are accelerating for the platform as AVs start to scale and more companies propose them - for both deliveries and mobility. I continue to believe that Uber is an excellent company with a bright future.
And now with a great price action as we are retesting a 1Y+ range breakout.
You guys know that those entries are my favorite ones, for accumulation or swings, so that’s where we are with Uber. Invalidation if we re enter the range & fail to bounce from where we are.
Sold.
Nebius Aug15'25 35 Call.
I completely sold our of the position today for almost 400% returns since March. The selling is only because of performance, I continue to believe Nebius is a great stock & opportunity but those calls were expiring in two months & it was time to lock profits. I still own shares & other calls so I remain involved with the name.
I would buy back some options & even accumulate shares with pleasure if we were to retest what seems to be a strong breakout.
A potential new ATH followed by a retest on the $42 area would give a really great setup & I would certainly play it.
Plans.
Sea Limited | SE.
Sea Limited is a classic Asian conglomerate which proposes a lot of services, from games or digital entertainment to financial services, passing by e-commerce. It falls perfectly inside of my Chinese bull case as I include Asia at large when it comes to growing buying power, and Sea is entirely focused on the region.
Fundamentals respect one of my themes, and financials are really, really strong.
Plus some diversification, without much impact from the actual situation or at least my concerns around U.S. consumption, politics, and economic situation.
The stock is a bit expensive at the moment, but it remains really correct for a swing or a trend-following strategy as price action is really perfect.
I intend to buy any retest on the $150.