A quick update on a couple of recent buys in my portfolio.
- First purchase: Last week, I added to my position in Franco Nevada Corp (FNV.TO) @ $181.00. The recent pullback provides what I believe is a decent place to add in a marketplace where everything else seems overpriced & overextended.
- Second purchase: This was a swap of my shares in Brookfield Infrastructure Partners. After the recent split between the LP units (BIP/BIP.UN.to) and C-corp (BIPC/BIPC.to), it seems like there is much higher investor appetite for the C-corp shares — likely due to simpler tax filing system for the US investors & fund flows. I decided to sell my BIP.UN.TO shares and buy the BIPC.TO shares instead.
- Third purchase: I added to my position in Adyen NV (ADDYF) @ $1,190.00. Continuing to build on this position that I recently initiated a couple of weeks ago. See original post on my reasoning for going long Adyen here.
What are your thoughts on these purchases. Share a comment below.
Full Disclosure: Long FNV.TO, BIPC.TO. Our full list of holdings is available here.
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