Transaction Update: Doubling Our Position in Partners Group Ahead of Earnings
We have doubled our position in Partners Group (SIX: PGHN) ahead of the half-year results on 1 September.
Nobel Select
Value Investing Portfolio & Research
Featured
Transaction Update: Doubling Our Position in Partners Group Ahead of Earnings
We have doubled our position in Partners Group (SIX: PGHN) ahead of the half-year results on 1 September.
Featured
Trading IPOs Before They Exist: Inside the Crypto Pre-IPO Markets
Crypto pre-IPO perps priced Unitree at ~4x its IPO valuation; the stock opened above even that. We watched, didn't trade. What these markets get right, wrong, and why most should stay out.
Latest Analysis
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PortfolioUpdate
MarketAnalysis
Trading IPOs Before They Exist: Inside the Crypto Pre-IPO Markets
Crypto pre-IPO perps priced Unitree at ~4x its IPO valuation; the stock opened above even that. We watched, didn't trade. What these markets get right, wrong, and why most should stay out.
StockPick
Unitree Robotics (688836.SH) - IPO Analysis
Unitree Robotics debuted +629% on the STAR Market: an impressive, profitable business at ~1,200x trailing earnings. We are not buying; the theme is cheaper via UBTech (9880.HK) on weakness.
$260,968
Portfolio Value
$37,844
Cash
+$4,856
Unrealized P/L
+$5,629
Realized P/L
+$10,968
+4.39%
+4.39%
Total Return
15
Holdings
$483
Dividends Received
Performance Comparison
Portfolio
MSCI World
S&P 500
Portfolio
3.4% total
· +7.5% p.a.
MSCI World
17.9% total
· 42.9% p.a.
S&P 500
19.6% total
· 47.6% p.a.
Since
Mar 2026 (0.5 yrs)
Current Holdings
Last updated: Sep 15, 2026 05:25| Symbol | Company | Sector | Shares | Avg Cost | Current | Total Value | Gain/Loss | Weight |
|---|---|---|---|---|---|---|---|---|
| BABA ▸ | Alibaba Group Holding Limited | Technology/Online | 300 | 120.38 USD | 109.23 USD | $32,769.00 |
-$3,345.00
-9.26% |
14.7% |
| PGHN.SW ▸ | Partners Group Holding AG | Finance | 40 | 722.41 CHF | 641.40 CHF | $31,356.76 |
-$4,753.64
-13.16% |
14.1% |
| SLVP ▸ | iShares MSCI Global Silver and Metals Miners ETF | Miners/Commodities | 800 | 32.90 USD | 37.61 USD | $30,088.00 |
$3,772.00
+14.33% |
13.5% |
| 0700.HK ▸ | Tencent Holdings Ltd | Technology | 500 | 455.80 HKD | 442.00 HKD | $28,177.50 |
-$902.50
-3.10% |
12.6% |
| IBM ▸ | International Business Machines Corporation (IBM) | Technology | 100 | 242.50 USD | 249.09 USD | $24,909.00 |
$659.00
+2.72% |
11.2% |
| RHM.DE ▸ | Rheinmetall AG | Defense | 20 | 1,061.40 EUR | 996.70 EUR | $22,999.85 |
-$1,626.63
-6.61% |
10.3% |
| IAUP.L ▸ | iShares Gold Producers UCITS ETF USD (Acc) | Gold Producer Stocks ETF | 500 | 37.97 USD | 43.74 USD | $21,870.00 |
$2,885.00
+15.20% |
9.8% |
| EWZ ▸ | Ishares Msci Brazil ETF | ETF | 500 | 34.54 USD | 37.72 USD | $18,860.00 |
$1,590.00
+9.21% |
8.5% |
| YTSN.MU ▸ | Kuros Biosciences Ltd | Biotech | 500 | 22.70 EUR | 19.15 EUR | $11,047.64 |
-$2,234.37
-16.82% |
5.0% |
| 9880.HK ▸ | Ubtech Robotics Corp Ltd | Technology | 750 | 89.20 HKD | 77.65 HKD | $7,425.28 |
-$1,271.72
-14.62% |
3.3% |
| IBM261016C ▸ | IBM Oct 2026 300.000 call | Hedge | 100 | -52.97 USD | -0.90 USD | -$90.00 |
$5,207.00
+98.30% |
0.0% |
| EWY261016P ▸ | EWY Oct 2026 150.000 put | Technology | 100 | -17.71 USD | -4.99 USD | -$499.00 |
$1,272.00
+71.82% |
-0.2% |
| CPB261218P ▸ | The Campbell's Company Dec 2026 20 put (CPB261218P00020000) | Food processing | 1,500 | -1.30 USD | -0.50 USD | -$750.00 |
$1,200.00
+61.54% |
-0.3% |
| AZN261016P ▸ | AstraZeneca Oct 2026 165.000 put | Pharma | 200 | -13.10 USD | -8.00 USD | -$1,600.00 |
$1,020.00
+38.93% |
-0.7% |
| META261016 ▸ | META Oct 2026 550.000 put | Technology | 100 | -48.25 USD | -34.40 USD | -$3,440.00 |
$1,385.00
+28.70% |
-1.5% |
Closed Positions
Realized outcomes from positions no longer held| Symbol | Company | Realized P/L |
|---|---|---|
| ALC ▸ | Alcon Inc. | +$1,865.00 |
| ALO.PA ▸ | Alstom SA | +$236.92 |
| LLY ▸ | Eli Lilly and Company (LLY) | +$2,537.70 |
Public Watchlist
Companies we are currently researching| Symbol | Company | Current Price | Target Buy Price | Status | Thesis |
|---|---|---|---|---|---|
| 0QQI.L | CENTIEL N | 5.64 CHF | 3.20 CHF | 76.3% above target | stock analysis 2026/4/19 |
| ALC | Alcon Inc. | 67.74 USD | 50.00 USD | 35.5% above target | We'll add a 2nd position at this price. |
| BIDU | Baidu Inc | 91.90 USD | 88.00 USD | 4.4% above target | re-evaluating around $88 |