3. I Rebalanced My Portfolio (April 2026) — Real Trades, 0 Tax, Full Breakdown

A real portfolio update with exact trades, tax optimization strategy, and how I’m restructuring for long-term growth.

After restarting 7R4G Investments, I didn’t wait—I executed my first portfolio rebalance immediately.

This wasn’t theory. This was a real shift in my investing strategy, with actual trades, tax optimization decisions, and a clear move toward a more structured, long-term portfolio. I reduced concentration, realized both gains and losses, and started building a foundation with ETFs and bonds.

In this update, I’m sharing everything: the exact trades I made, how I legally reduced my taxable profit to 0 HUF, and how I’m restructuring my portfolio for sustainable growth.

Where I started

Portfolio value: ~3.58 million HUF
Unrealized profit: +17%

But the structure?

Messy.

• Overweight Hungarian stocks
• Underweight global exposure
• Dead positions still sitting in the portfolio
• No real defensive layer

So I made a decision:

Stop managing positions. Start managing a portfolio.

The actual trades (no filters)

1. I trimmed winners

Magyar Telekom (+444%)

• Sold: 30 shares
• Buy price: 447.5 HUF
• Sell price: 2,432 HUF
• Realized gain: 59,535 HUF

ZWACK Unicum (+105%)

• Sold: 7 shares
• Buy price: 17,550 HUF
• Sell price: 36,000 HUF
• Realized gain: 129,150 HUF

Total realized gains:

188,685 HUF

2. I cut a major loser

Greenlane Renewables

• Position: 1,000 shares
• Buy price: 2.27 CAD
• Sell price: 0.235 CAD
• Loss: -89.65%

Realized loss: ~458,000 HUF

3. I added a defensive position

iShares $ Treasury Bond 1-3yr UCITS ETF

• Order: 3 shares @ 127.56 USD (limit)

This is my first real step toward building a defensive layer in the portfolio.

The tax strategy (this is where it gets interesting)

Here’s what most investors ignore:

You don’t pay tax on profits.
You pay tax on net realized gains.

My numbers:

• Gains: 188,685 HUF
• Loss: ~458,000 HUF

Result:

0 HUF tax paid

And more importantly:

I still have ~269,000 HUF loss buffer for future gains

Why this matters

This isn’t just about saving tax.

This is about:

• freeing capital
• increasing flexibility
• improving portfolio structure

All without paying the price most investors do

What I fixed with these trades

Before:

• Concentrated winners
• Dead capital locked in losses
• No risk management

After:

• Reduced concentration
• Realized gains strategically
• Created tax efficiency
• Started building a defensive layer

What’s still not solved

Let’s be honest.

I still have positions that need attention:

• Amira Nature Foods → effectively -100%
• Biora Therapeutics → effectively -100%

These are now illiquid / restricted.

Next step:
Contact broker and attempt to realize losses manually

What I’m doing next

This is not a one-time rebalance.

This is the beginning of a new structure.

1. Build ETF core (priority)

I’m starting to add:

• Vanguard S&P 500 UCITS ETF

Goal:
  Increase global exposure
  Reduce country risk

2. Expand defensive allocation

• Continue building position in iShares $ Treasury Bond 1-3yr UCITS ETF

Role:
     Stability
     Lower volatility
     Dry powder for future opportunities

3. Gradually reduce concentration

I will continue trimming:

• ZWACK Unicum
• Magyar Telekom

Not because they’re bad.

Because they’re too dominant.

A quick note on my forex account

Separate from this portfolio, I also run an active trading account:

• Size: ~1.88M HUF
• Total realized loss: ~747k HUF
• Previous gains: ~534k HUF

This is not part of this portfolio yet.

And that’s intentional.

Different strategy. Different risk profile.

The biggest lesson so far

For 9 years, I was investing.

Now I’m starting to manage capital.

There’s a difference.

Investing is:

• buying
• holding
• hoping

Portfolio management is:

• allocating
• trimming
• optimizing
• controlling risk
• managing taxes

Final thought

This is the first real step of the new 7R4G phase.

Not perfect.

But structured.

And that’s what compounds.

Next:
     I’ll break down my full 9-year track record — what worked, what failed, and what I’m changing.

Stay with me.