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[HPSP] Sell

A portfolio note on selling HPSP to increase software exposure and reduce semiconductor exposure

Date: 2025-01-31 · Sell note · Naver Blog

Investment decisions are your own responsibility. This material is research and is not a buy or sell recommendation.

0. Bottom line first

I sold HPSP for now. The goal was to increase the software weighting in the portfolio, while leaving Philoptics as the only remaining semiconductor exposure on the glass-substrate side.

1. Reason for the sale

Interpretation: This is not a stock recommendation, but a personal portfolio adjustment record. The author sold HPSP to raise software exposure and decided to keep semiconductor exposure more limited.

Attached image for the HPSP sell note

2. Remaining semiconductor exposure

Official fact: The author wrote that, within semiconductors, he would leave only Philoptics on the glass-substrate side.

  • HPSP: sold
  • Software: direction is to increase weighting
  • Remaining semiconductor exposure: Philoptics on the glass-substrate side

3. Review points

  • The post explicitly states at the beginning that it is not a buy or sell recommendation.
  • The core decision is sector allocation rather than a relative judgment among individual stocks.
  • Later review should focus on how the shift toward software and away from semiconductors affected portfolio performance.