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Top trader Terranova bets on post-Brexit bounce

Joe Terranova
Scott Mlyn | CNBC

CNBC "Halftime Report " trader Joe Terranova got fully invested with a flurry of trades in his model portfolio Friday. His portfolio is now up 11 percent year to date.

Terranova bought NXP Semiconductors and Range Resources in the trading portfolio. He also added slightly to his positions in Virtu Financial, Facebook and Domino's Pizza. And he traded in and out of the ProShares Ultra VIX Short-Term ETF during the day.

Here's why he made the moves and what he thinks is going to happen with Brexit.