Alpha Wealth Says Q1 Drawdown Forces Portfolio Re‑assessment After Iran Shock

The fund frames a March selloff as the trigger for a review of holdings and highlights AI, energy and derivatives positions as the sources of both risk and opportunity.

Overview

Alpha Wealth's Insiders Fund reported a 7.14% Q1 loss driven by a March market drop the letter ties to the War in Iran and said most losses remain unrealized as it reevaluates its long‑term investment thesis.
The letter singles out Applied Materials as a core AI‑semiconductor compounder, citing record revenues, new atomic‑scale tools for 2nm/Angstrom chips and surging demand for high‑bandwidth memory.
Energy Transfer is highlighted for a long‑term gas supply deal with Cloudburst for a flagship AI data center in Central Texas that positions the company to earn steady revenue from growing data‑center power needs.
CME Group's record $1.9 billion Q1 revenue is presented as a near‑monopoly play to capture higher trading and derivatives volumes created by energy and interest‑rate volatility.
The fund flags recent insider buying at names such as Abbott and Boeing as governance signals while warning that company‑specific issues—Abbott's product recall, DexCom's leadership and guidance swings, and Boeing's geopolitical exposure—add idiosyncratic risk to the portfolio.