Portfolio Spotlight: May 2026

May continued the positive sentiment that returned to the markets after the spring correction. Investors remained focused primarily on AI, technology and growth companies, while concerns about inflation, interest rates and geopolitical tensions temporarily receded into the background. The S&P 500 index continued to rise and further improved its performance for the year.

My portfolio was up +3.05% in May.

Year-to-date (1 Jan – 31 May 2026) the portfolio stands at +3.35%.

I currently have 34 followers; in May 9 more of you started following me. Thank you all for your trust and support.

Closed positions:

During May I closed several positions.

On Disney ( $DIS) I sold part of the position for a 2.8% gain. According to my metrics the stock started to show signs of a weakening trend, so I decided to reduce exposure.

I closed the position in Lenovo ( $0992.HK ) after a trailing stop-loss was triggered. The trade ended with a gain of approximately 40% after four months of holding. Once again it confirmed that buying in historically attractive zones and using a trailing stop-loss can be a very effective strategy.

I also closed two positions in UnitedHealth ( $UNH) that reached predefined exit levels. The average gain was 24.5%.

New positions:

During the month I opened several new positions after the stocks reached my predefined buy zones:

$PDD $NU $HIMS $MELI $CRCL

The only exception was Boeing ( $BA), which I bought as part of an experiment described in a recent post about introducing friends to investing. My friends are still waiting for their first profitable trade.

Current view of the portfolio:

Regular Wednesday DCA purchases of Bitcoin ( $BTCUSD) also continued throughout May and remain an important part of my long-term strategy. After the recent significant downward moves in the market, cryptocurrencies now make up approximately 16.2% of the portfolio.

The portfolio remains primarily growth-oriented while maintaining a relatively low correlation with the S&P 500 ( $^GSPC). I focus on a mix of growth stocks, selected turnaround stories, fintech, AI-related companies and cryptocurrencies.

Portfolio performance in May was partly held back by a slower recovery in some larger positions, notably PayPal ( $PYPL), Novo Nordisk ( $NVO) and the crypto component. While a number of AI names saw very strong gains, these positions have lagged my expectations so far.

On the other hand, one name deserves a special mention.

A very pleasant surprise was $BITF ($KEEL), which I bought on April 2, 2026. As of today it shows an unrealized gain of approximately +225%. Such results, of course, cannot be predicted or replicated long-term, but they illustrate why I think it makes sense to leave room in the portfolio for carefully selected higher-risk opportunities.

My investment philosophy remains unchanged:

predefined buy prices, predefined target prices, disciplined risk management, and patience during periods when the market does not offer interesting opportunities.

The goal is not to own every popular stock, but to invest only when the potential reward-to-risk ratio is sufficiently attractive.

What was your best-performing investment in May?

And where do you currently see the biggest opportunities for the second half of 2026 — in AI stocks, value names, or cryptocurrencies?

(For Czech investors: my CZK portfolio rose 4.63% M/M and 1.80% YTD in May. No buys, no sells, just holding.)