Tech investor up 30% in 2015 dumps Netflix

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Kevin Landis, leader of CNBC "Squawk Box" Platinum Portfolio contest this year with a gain of 34 percent, is trying to keep the momentum going by betting on a hot tech IPO.

Most of his returns this year were fueled by one of his top holdings: Netflix, a cult stock that continues to be very popular among investors.

But after Netflix nearly doubled in price, the chief investment officer at Firsthand Capital Management believes it's time to take profits and move on.

Here's what he is buying and why: