SELL ANET
2 shares at $126.61 on 2026-04-02
Reasoning
ANET is 66% of non-cash portfolio value (~$602 current, down from $140 avg cost to $127.50 current = -8.9% unrealized loss). Represents severe concentration risk in a stagflation/war environment with uncertain enterprise IT spending. Position has been in HOLD status well past Rule #19 3-day minimum with no active supporting thesis. Current price $127.50 vs $140 cost shows deterioration. Trimming 2.0 shares (~$255 at current price) reduces concentration from 66% to 35% of non-cash portfolio, improving portfolio resilience for the critical Iran/Hormuz risk window (mid-April). Partial trim preserves optionality while materially reducing single-stock risk.
Outcome
7-day: -22.00% · 30-day: -13.85%