What a title for a post, yes, I agree it is a bit a strange, but am going to explain you the reason. In our current portfolio, we are indicating a position of PMI stocks, which were not physically in our position as it was stock options, I received 3 years ago and are vesting this month. This mean that I will receive physically the shares and sell them to get the cash.
Now, after evaluating our current portfolio, I am building a cash position that will allow us to enter new positions, in stocks or in funds. It’s what I am evaluation at the moment as well as when will be the best time to do that.
This is the reason of the title, the portfolio decrease now but will grow in near future.