Brian Belski's Portfolio Moves: Buying Oklo, Checkpoint, and Selling Evergy

Portfolio Adjustments

• 💡 Brian Belski details recent committee moves, including buying Oklo and Checkpoint Software.
• ⚠️ Acknowledges a mistake made with American Eagle last month, which was sold off.

Thematic Investments

• 🎯 Oklo was added to the smid-cap portfolio, with Belski aiming to invest in a 7 billion market cap company.
• 💻 Checkpoint Software was purchased because it trades at half the multiple of CrowdStrike, has stronger earnings growth, and aligns with the overall theme of cybersecurity.

Utility Sector Strategy

• ⚡ Evergy, a utility company, was sold due to a belief that stronger growth can be achieved from other thematic plays.
• 📈 Belski prefers old-school utilities like Southern for large-cap utility investments, contrasting with Next Era.
• 🧠 These traditional utilities are seen as the infrastructure that will ultimately power AI development.