Chips
35%The hardware everything else runs on. Whoever wins in AI, they're training and running it on chips designed by NVIDIA and AMD and made by TSMC.
- AMD 13%
- NVIDIA 13%
- Taiwan Semi 9%
- 67%
- In the top five holdings
- 72%
- In individual companies
- 35%
- In chipmakers
- 71%
- Tax-sheltered
What it's a bet on
Grouped by what each holding is really a bet on, rather than where it's listed
Index
23%XLK tracks the tech companies in the S&P 500, weighted by size, so it's the whole sector in one fund. The part I never have to think about.
- XLK 23%
Frontier
19%Bets on what comes next, from self-driving cars and rockets to AI put to work. Riskier, so they're sized to match.
- Tesla 8%
- SpaceX 6%
- Palantir 6%
Big tech
18%The clouds renting out the chips, with the money, the data, and the customers to make AI pay.
- Google 10%
- Microsoft 4%
- Amazon 4%
Crypto
3%A little Bitcoin, small enough that I'd be fine if it went to zero.
Cash
1%Next to none. I sell index when I need cash.
Every holding
Each on its own, with the tickers it's bought as
Where it's held
71% is in a SIPP, a UK pension, or an ISA, where the growth is tax-free. The rest is in a GIA, an ordinary taxable account, or held directly as crypto and cash.
SIPP
43%
ISA
28%
GIA
23%
Crypto
4%
Cash
1%