Changes in top 5 positions

Our top 5 positions on January 1st were:

1. Apple (USA)
2. Western Digital (USA)
3. Micron (USA)
4. UPM (Finland)
5. NVIDIA (USA)

The biggest changes have been (done in the midst of market crash):

- Sold Apple stock (all of them)
- Trimmed down Western Digital
+ Acquired shares in Berkshire Hathaway
+ Increased heavily our position in Nokia
+ Acquired shares in Broadcom


At the moment top 5 positions are as follows:

1. Berkshire Hathaway (USA)
2. Nokia (Finland)
3. UPM (Finland)
4. Intel (USA)
5. NVIDIA (USA)

Our largest sector allocation continues to be semiconductor industry by a wide margin to the next.