Portfolio state at the 2026-09-02 reset (after broker reconciliation) #

Source: DEGIRO confirmations in Gmail reconciled into the ledger on 2026-09-02 (output/portfolio/reconciliation-2026-09-02.md); uv run pm graham list and pm watch list afterwards. Prices are the 2026-09-01 US close and the 2026-09-02 Euronext print. The ledger is the source of truth; this note is a dated checkpoint of what was held and which decisions were open when the rules were reset.

An earlier version of this note, written the same morning from the un-reconciled ledger, listed AIG, NFLX and PLTR as open. They had been sold on Aug 27–31.

Positions (EUR 3,175.85 cost) #

Closed since Jun 30 (found in the reconciliation, all unrecorded at the time):

Realized since the ledger opened (RI.PA, NFLX, AIG, PLTR): +EUR 69.91.

Decisions due #

1. ~~INTC trim at market~~ Decided 2026-09-03 (owner): hold all 14 shares; the trim to 8–9 shares is the T1 action at 115. A kill condition overrides the hold regardless of P&L. Logged in INTC_plan.json as a re-authorised exception and a process mistake, not a pattern.
2. RDDT: thesis written 2026-09-02. Hold or exit is a judgement about the Google dependence and the insiders' selling plans, not about price (fair at 157). No adds above 133.
3. ~~Funding lines are empty.~~ Resolved 2026-09-02 (owner): there is no standing reserve; money arrives ad hoc. The six entry alerts that named the "opportunity reserve" now say: confirm settled cash in DEGIRO before ordering, no cash = no buy, never sell a thesis position to fund an entry.
4. ~~AIG June dividend~~ Closed: about USD 3.50 gross on a position that is already sold; immaterial, not worth a hand edit of the history file.
5. Reconcile monthly. The ledger was nine fills behind; rule-002 now says to check Gmail after every trade.

Entry-wait alerts armed (none funded today) #

• GFS at 43.93: all three rungs (65 / 55 / 45) fired; the 45 rung on Aug 28 is the live deep-value case from the June write-up. Full re-score plus the same-day red-flag check before anything. A deeper rung at 40 is armed.
• DPZ re-armed at 300 (fired at 299.53 in July, passed on the revenue gate, now 340).
• Semi re-entry ladder from the May deep dive: NOD.OL 145, ARW 150, 7735.T 8000, IFX.DE 50 (now ~55, closest), UMC 12, VSH 27 (now ~29.6), ATS.VI 70.
• MSFT 350 / 310, DG 105, IBM 185, UBER 60, TRIP 9, PLTR 70.

ETF base #

VWCE: at least 58 shares (18 bought in 2026, last 3 @ 166.80 on Aug 27; now 165.72). Not tracked by the ledger; pm graham status benchmarks the single names against it. No IS3Q / IS3S / YCSH was ever bought.

Not held (cleaned up today) #

MSFT and ADBE take-profit ladders (never owned), squeeze/catalyst leftovers (SGRY, PL, TRIP-CATALYST, GRPN), and the AIG / NFLX / PLTR position alerts removed. Closed this year outside the ledger: GANX (−19.2%, Jun 30), SLS (+62.6%, May 15).

Automation state #

• pm-watch.service running since May 10 (price daemon, reloads the watchlist each cycle).
• Weekly monitor: .claude/scripts/portfolio-monitor.sh (replaces the AIG-only monitor; guarded cron line installed).
• at jobs: Oct 1 AGN redomicile, Nov 1 AGN UK sale. The Sep 4 RI.PA job was removed (position closed).
• Daily reddit scrape 08:00 (external repo).