A modest down week, with strong technology gains offset by weakness in Home Depot and Johnson & Johnson.

Week of August 24, 2026 – August 30, 2026 · -0.07% return.

Performance

The portfolio ended the week at 1037407.24, down -0.07% from 1038100.89. The benchmark returned 0.34%, resulting in -0.41% alpha.

Winners

• MSFT rose 6.23% this week; it is up 20.28% since the position was opened.
• META gained 5.86% this week; it is up 1.60% since the position was opened.
• V advanced 4.39% this week; it is up 20.38% since the position was opened.

Losers

• HD fell -4.10% this week; it is up 2.49% since the position was opened.
• JNJ declined -1.48% this week; it is up 12.82% since the position was opened.

Portfolio changes

No trades were made during the week.

Outlook

This week’s result reflected uneven position-level performance: gains in MSFT, META and V were offset by declines in HD and JNJ. We remain focused on the existing portfolio.