# Portfolio

> Source: https://sentity.co/portfolio.html
> Updated: 2026-09-22
> Author: Jason (@JasonSentity)

A concentrated, conviction-driven portfolio. Concentrated in AI and space — the two defining technological
waves of this era. Gold and bitcoin hedge a government unable to rein in its debt, and the likeliest way
out: inflating the problem away.

## Allocation

Weights are percentages of the total portfolio. As of 2026-09-22; I hold every position listed.

| Ticker | Name | Category | Weight |
|---|---|---|---|
| Cash | Money Market | cash | 23.53% |
| GLD | SPDR Gold ETF | rare-asset | 15.19% |
| TSM | Taiwan Semiconductor | ai-semis | 14.87% |
| RKLB | Rocket Lab | space | 12.75% |
| VGT | Vanguard Information Technology ETF | tech-index | 8.96% |
| AMD | Advanced Micro Devices | ai-semis | 7.10% |
| BTC | Bitcoin | rare-asset | 4.36% |
| NVDA | NVIDIA | ai-semis | 4.05% |
| LITE | Lumentum Holdings | ai-infra | 3.11% |
| META | Meta Platforms | ai-platforms | 2.98% |
| PURR | Hyperliquid Strategies | speculative | 2.12% |
| SPCX | SpaceX (Class A) | ai-space | 0.98% |
| **Total** | | | **100.00%** |

## The case for each

### Cash — Money Market (23.53%)

Dry powder. Earning yield while waiting for the right opportunity.

### GLD — SPDR Gold ETF (15.19%)

Gold as a long-term store of value and portfolio anchor. In an era of persistent deficit spending and currency debasement, hard assets with thousands of years of monetary history earn a meaningful allocation. A hedge against the things you can't control.

### TSM — Taiwan Semiconductor (14.87%)

The world's most advanced and dominant semiconductor manufacturer — a true monopoly on cutting-edge chip fabrication. Every leading AI chip from NVIDIA, AMD, Apple, and others runs through TSMC's fabs. The secular tailwind from AI compute demand makes this one of the most strategically important companies on the planet.

### RKLB — Rocket Lab (12.75%)

Led by Sir Peter Beck — a visionary engineer and savvy businessman with a commitment to beautiful engineering. Electron launches at tremendous cadence, and Neutron, their medium-lift rocket, is close to maiden launch. Once Neutron is operational, Rocket Lab has the capability to launch their own large-scale satellite constellation, creating an entirely vertically integrated space company.

### VGT — Vanguard Information Technology ETF (8.96%)

Broad, low-cost ownership of the U.S. technology sector. Conviction gets expressed in the concentrated positions; this is the complement — capturing the sector's compounding without needing to pick every winner in it.

### AMD — Advanced Micro Devices (7.10%)

Led by Lisa Su, one of the best CEOs in semiconductors. AMD competes with NVIDIA in GPUs, but the more compelling thesis is CPUs in the emerging world of agentic AI. As autonomous agents proliferate and inference workloads scale, CPU demand accelerates alongside GPU demand.

### BTC — Bitcoin (4.36%)

Digital gold with a fixed supply and growing institutional adoption. A decentralized store of value outside the reach of any government or central bank. As sovereign debt spirals and currency debasement accelerates, its role as a hard asset alternative only grows.

### NVDA — NVIDIA (4.05%)

The compute standard for AI. Jensen Huang has kept NVIDIA a generation ahead on silicon, but the deeper moat is CUDA — fifteen years of tooling that every researcher already knows and no competitor can replicate by shipping faster hardware.

### LITE — Lumentum Holdings (3.11%)

Optical networking for the AI data center. As clusters scale, the bottleneck moves from compute to interconnect, and Lumentum builds the lasers and optical components that move data between racks. A less crowded way to own the buildout than the chips themselves.

### META — Meta Platforms (2.98%)

An advertising business throwing off enough cash to fund one of the largest AI efforts on earth, with Zuckerberg willing to spend against a long horizon and answerable to nobody who might stop him. Owns the distribution — billions of users — that most AI labs have to go buy. Muse, shipped in September 2026 under Alexandr Wang, is the first product I have seen put real AI productivity in front of the everyday consumer: an agent that connects to your email, calendar and payments and actually completes multi-step work rather than answering questions about it. The part that matters for the stock is the $20 and $100 tiers. Meta has lived almost entirely on advertising for its whole existence, and this is its first serious attempt at a second engine.

### PURR — Hyperliquid Strategies (2.12%)

A treasury company holding HYPE, the token behind the Hyperliquid exchange. The thesis is that on-chain perpetuals keep taking share from centralized venues. Speculative, and the corporate wrapper adds risk on top of an already volatile asset — so I size it accordingly.

### SPCX — SpaceX (Class A) (0.98%)

Now public. The part I do not think the market has priced: their ability to build out terrestrial AI data centers at a pace nobody else can match. The same engineering culture that made reusable launch routine — vertical integration, speed, manufacturing at scale — pointed at the hardest bottleneck in AI right now. That looks like a near-term cash cow sitting inside a company the market still values on launch and Starlink. Small position for now.

## Disclosure

This is my after-tax brokerage account, where I self-manage every position. Roughly the other half of my
net worth sits in retirement accounts — standard index ETFs and safe, boring holdings that I leave alone.

I hold every position listed, as of the date above. Nothing here is investment advice.