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Finally sold some SPG in taxable.
Not so much because the thesis in SPG has changed, but rather part of de-risking my current port and safeguarding the gains I have YTD, in order to take advantage of a broader rotation/drawdown in the growth cohort, which I still hope will happen this year.

About halfway thru the year, and SPG popped up today as they raised their dividend, showing their financial might, and market rewarded them. So wanted to capture that pop and sell some of my lots that were just hitting long-term status, and reducing the port allocation of SPG to closer to 30% instead of 40%.

SPG now down to 32% and not selling more as many lots were bought last July/Aug with smaller lots bought via dividend reinvestment thru Nov 2020. Still prefer to hold the rest thru Jan 2022, just to push the tax consequences out another year, too.

Cash is back up to the 65% range then, as I have a small amount of UPST and a crappy mandatory mutual fund.

Building the cash war chest, while port up 55% YTD.

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