1. The MSCI Emerging Markets Index showed negative returns over the period, primarily due to weaker performance in India, Korea, and Brazil. 2. The portfolio returned -5.80% gross and -6.00% net over the quarter, outperforming the MSCI Emerging Markets Index. 3. The portfolio initiated one new position, exited one, and made minor adjustments to existing holdings.

1. The article discusses a three-category portfolio approach to achieve $5,000 of durable monthly income streams; 2. It emphasizes well-mitigated dividend cut risk and inflation-protected income; 3. Concrete investment ideas are provided for portfolio inclusion.

1. Coatue Management's 13F portfolio increased to $26.92B from $25.69B; 2. Top five stakes are in Meta, Amazon, Constellation Energy, Microsoft, and Taiwan Semiconductor; 3. New stakes include Cadence Design, KKR, Spotify, DoorDash, and more.

1. David Tepper's 13F portfolio value increased from ~$6.18B to ~$6.73B, with the number of holdings rising from 35 to 36. 2. New stakes include Vistra Corp, NRG Energy, Las Vegas Sands, and Wynn Resorts, while United Parcel Service and Boeing were disposed of. 3. Significant stake increases were made in PDD Holdings, JD.com, and Lyft, while Alibaba, Amazon, Microsoft, and Meta Platforms saw reductions. 4. The top five positions—Alibaba, PDD Holdings, Amazon, Microsoft, and Meta Platforms—comprise ~47% of the portfolio.

1. Bridgewater Associates' 13F portfolio decreased to ~$17.66B; 2. Top holdings include Alphabet, Nvidia, Meta, Microsoft, and Procter & Gamble; 3. Significant stake increases in Apple, AMD, Lam Research, Broadcom, KLA Corp., Qualcomm, Vistra, and Applied Materials.

1. Generation Investment Management's 13F portfolio value reached $21.41B, with top holdings in Microsoft, Amazon, Becton, Dickinson, MercadoLibre, and Thermo Fisher Scientific. 2. New investments include Agilent Technologies and Visa, while 10x Genomics, Baxter International, and Carlisle Companies were divested this quarter. 3. Significant increases in stakes for Becton, Dickinson, Charles Schwab, Trimble Inc., and Nutanix, with notable decreases in Microsoft, Amazon, MercadoLibre, and Thermo Fisher Scientific.

1. Income-focused strategies offer advantages such as not focusing on price movements and funding investment goals without touching principal. 2. The portfolio and securities must be defensive to avoid dividend cut risk and have high yields to reduce the capital required for the income target. 3. The article provides a sample portfolio and specific/defensive investment picks that generate $5,000 in monthly income from an investment base of $855,000.

1. A durable income-focused portfolio strategy reduces income reduction risk and stress by prioritizing stable income over market-beating returns. 2. The article outlines a detailed approach for security selection and portfolio construction. 3. Practical security examples are provided for strategic offense, strategic defense, tactical offense, and tactical speculation.

1. Pershing Square's 13F portfolio value decreased to ~$10.41B, with the number of positions increasing from 6 to 8. 2. New stakes in Brookfield Corp. and Nike were established, while significant trimming occurred in Alphabet and Chipotle positions. 3. Pershing Square Holdings trades at a discount to NAV and has a huge stake in Universal Music Group, valued at ~$5.5B.

1. David Tepper's Q2 2024 13F portfolio value decreased from ~$6.75B to ~$6.18B, with holdings reduced from 37 to 35. 2. Top five positions are Alibaba, Amazon, Microsoft, Meta, and Alphabet, comprising ~45% of the portfolio. 3. Significant stake increases in Adobe, iShares China Large Cap ETF, KraneShares China Internet, Lyft, JD, Uber, and UPS.