SentinelCapital

Sentinel Asset Management – Portfolio Allocation Update (November 2025) November marked another strong month across core holdings, led by continued rotation into cyclical and value sectors. Portfolio exposure remains concentrated in high-conviction mean-reversion and structural-re-rating opportunities, with disciplined risk management and active cash redeployment. On November 7, we fully exited our $QQQ put position, locking in profits from the tactical hedge. The newly freed-up cash was redeployed into $CRK, $NOV, $BAX, and $VFC, each positioned within distinct multi-quarter recovery or secular-growth frameworks. Our approach remains consistent: maintain high concentration, asymmetric reward-to-risk profiles, and patience through volatility while allowing intrinsic value and capital flows to converge. Updated allocation chart below All portfolio activity and trade alerts are posted live in our Discord. If you’d like complimentary access, message me directly. Updated Holdings: • $BABA – Alibaba Group | Entry: $132.78 → Current: $165.52 | +24.6% • $ALB – Albemarle Corp | Entry: $80.07 → Current: $102.22 | +27.7% • $INTC – Intel Corp | Entry: $28.82 → Current: $39.21 | +36.0% • $CPS – Cooper-Standard Holdings | Entry: $29.62 → Current: $29.67 | +0.2% • $CRK – Comstock Resources | Entry: $16.27 → Current: $23.34 | +43.4% • $BAX – Baxter International | Entry: $18.77 → Current: $17.77 | -5.3% • $QXO – QXO Inc. | Entry: $19.46 → Current: $17.31 | -11.0% • $NOV – NOV Inc. | Entry: $12.59 → Current: $15.51 | +23.1% • $VFC – VF Corporation | Entry: $13.83 → Current: $14.80 | +7.0% • $ETHM – ETH Machine | Entry: $10.85 → Current: $10.35 | -4.6% • $EL – Estée Lauder | Entry: $92.33 → Current: $88.95 | -3.7% • $CL – Colgate-Palmolive | Entry: $78.10 → Current: $78.31 | +0.3% • $CNC – Centene Corp | Entry: $36.19 → Current: $33.97 | -6.1% • $JD – JD.com | Entry: $33.06 → Current: $31.35 | -5.2% $SPY $QQQ $IWM

Nvidia now has a larger market value than the entire healthcare sector of the S&P500.

The entire market is in an unprecedented gamma squeeze. Open Interest at all time high, outstanding delta above $4.2tn - absolute all time high.

Stanley Druckenmiller on what it takes to become a great investor: “They have to have an extreme passion for the business…you can’t compete against people that love the business if you don’t love it. They’re going to outwork you. They’re going to out-think you.” “They also have to be extremely competitive. They have to be sore losers. They have to want to win… Notice I haven’t even gotten to IQ yet. Anything over 125, 130…it doesn’t hurt you but it’s largely superfluous.” “They can have an ego but they have to know how to check it at the door. You have to be open-minded…you can’t be stuck and start making up reasons why you have a position. You will just lose a lot of money.” Finally, Druckenmiller emphasized the importance of independent thinking & emotional discipline: “They’ve got to be able to think [outside] of the box and not with the crowd…it’s not easy to fight your emotions in the crowd but that’s a big piece of it.”

JUST IN 🚨: Michael Burry, the man who has predicted 50 of the last 2 market crashes, says the current stock market feels like the last few months of the Dot Com Bubble 🤯👀

🚨 JUST IN: Unemployment Rate: 4.3% vs 4.3% est Non Farm Payrolls: +115k vs +62k est

BREAKING 🚨: JP Morgan S&P 500 now up more than 10% since JP Morgan told us to short the market 🚨 RIP 🫡🪦

Iran has not yet reached a conclusion, and no response has been given to the American side: IRNA t.me/irna_1313/4048…

US intelligence assessments indicate Iran possesses the capability to sustain a blockade of the Strait of Hormuz for several months, according to reporting by The Washington Post.

Buying more $CRK $BAX and $PYPL

ALB has surged 11.63% to $215.01. Check it out on Yahoo Finance finance.yahoo.com/quote/ALB?p=ALB $ALB up 170% from our entry

*ISNA: IRAN IS DISCUSSING END OF WAR, NOT NUCLEAR ISSUE *ISNA: US PLAN CONTAINS AMBITIOUS, UNREALISTIC PROPOSALS *ISNA: IRAN HAS REJECTED SUCH PROPOSALS IN RECENT DAYS

#BREAKING: Foreclosure filings hit a six-year high as rising property taxes, insurance costs, and debt strain U.S. homeowners.

These companies represented the highest price-sales multiples in the S&P 500. (Note: This is the top 90 companies, by NTM P/S).

Update soon. $INTC up ~250% from entry

⚠️BREAKING: *U.S. MARCH JOLTS JOB OPENINGS FALL TO 6.866 MILLION; EST. 6.860M; PREV. 6.922M 🇺🇲🇺🇲

“Our job is to survive,” “If we’re wrong, we can always add positions later.” - Jim Simons

The US government's cash balance is rising: The Treasury General Account (TGA) is up to ~$1 trillion, the highest since April 2021. The TGA is the US government’s main checking account at the Fed, used to hold and spend federal funds. The TGA balance has risen +$300 billion over the last 3 weeks. This surge was driven by the spring tax season, as US households and businesses paid their annual tax bills over the few weeks leading up to April 15th. In response, the Treasury reduced T-bill issuance by $35 billion last week versus the same period in March, briefly pushing total US federal debt below $39 trillion. However, T-bill issuance will pick up again as the cash flowing into the TGA is set to slow in the following weeks. The US debt crisis is set to reaccelerate.

Read every word. This is the best, clearest summary I have read.

“Microeconomics is what we do and macroeconomics is what we put up with.” — Charlie Munger

this guy won a World Series of Poker bracelet, then became a quant at Susquehanna (a firm with over $500B in market making). here he breaks down the decision process behind every trade of theirs: incomplete information, time, and EV. this clip is worth 3 minutes of your day.