Saturday, August 31, 2013

Weekend Update From New Hampshire

Weekend Update

Before I start, I did want to give a shout out to my Hoosiers.  We have been the doormat of the Big Ten in football for more than a decade (and even before that not exactly covered with glory).  I feel like we're turning the corner (How's this for openers? Indiana football decimates Indiana State 73-35, and stadium record tumbles)!

Happy Labor Day everyone.  I decided to take the fam for a quick three day weekend into the White Mountains.  Just a beautiful morning here.

It was a tough week for my portfolio last week.  I gave back 2.1%, which was a bit worse than the R3K, which lost 1.9%.  Still, am doing quite well, up over 21%.

Transactions

I did make a few transactions during the week. I sold my SAI and then I added to my warrant positions in HIG-WT (21.40) and BAC-WTA (5.85).  Not much else exciting, though I did buy some more AOD with reinvested dividend (the beat goes on).

So I am now at 23% cash.  Speaking of transactions, I did an analysis last week to measure whether I would have been better off to have performed no transactions at all in 2013 (ie am I just churning or have they helped)?

I was glad to see that they have helped.  If I had stuck with my portfolio at the start of the year, I'd be up just 13% versus my actual of 21%.  Some of my early purchases in 2013 of GTAT and GNW helped juice the 2013 returns.

MFI Portfolio

August is in the books and MFI cooked during the month.  The table below shows the differential at each month between the sum of my MFI tranches and the R3K:

Date Differential
12/1/2012 -2.20%
1/1/2013 -1.78%
2/1/2013 -2.26%
3/1/2013 -2.23%
4/1/2013 -0.43%
5/1/2013 2.00%
6/1/2013 4.75%
7/1/2013 4.29%
8/1/2013 6.91%
Current 10.46%

Pretty eye-opening, the acceleration of the differential by month!

Here are all the individual stock positions:

11/15/12 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $537.62 $487.22 $8.75 -7.7% 23.9%
ABC $40.21 $56.92 $0.63 43.1% 23.9%
LPS $23.89 $31.90 $0.40 35.2% 23.9%
VIAB $49.12 $79.56 $0.85 63.7% 23.9%
WU $12.77 $17.53 $0.38 40.2% 23.9%
Totals 34.9% 23.9%
2/1/13 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $450.60 $487.22 $8.75 10.1% 9.7%
GA $6.10 $7.42 $0.42 28.6% 9.7%
STRZA $16.06 $24.96 $0.00 55.4% 9.7%
CA $25.07 $29.25 $0.75 19.7% 9.7%
NUS $41.94 $83.71 $0.90 101.7% 9.7%
Totals 43.1% 9.7%
5/6/2013 Start Current Dividend Pct Gain R3K Gain
KLIC $11.40 $11.06 $0.00 -3.0% 2.4%
CYOU $29.24 $27.92 $0.00 -4.5% 2.4%
RDA $9.74 $11.40 $0.00 17.1% 2.4%
NVDA $13.85 $14.75 $0.15 7.6% 2.4%
CF $183.97 $190.34 $0.80 3.9% 2.4%
Totals 4.2% 2.4%
8/15/2013 Start Current Dividend Pct Gain R3K Gain
CF $187.26 $190.34 $0.00 1.6% -1.5%
FLR $66.06 $63.43 $0.16 -3.7% -1.5%
AGX $15.60 $17.75 $0.00 13.8% -1.5%
KLIC $11.29 $11.06 $0.00 -2.0% -1.5%
RPXC $15.92 $15.69 $0.00 -1.4% -1.5%
Totals 1.6% -1.5%
Category/Tranche August November February May Total
Initial Investment   25,000       25,000     25,000      25,000    100,000
Current Tranche 1.6% 34.9% 43.1% 4.2% 20.3%
All Tranches 15.9% 34.9% 43.1% 4.2% 24.5%
Current Balance   28,982       33,727     35,772      26,054    124,536
R3K Gain 20.3% 23.9% 9.7% 2.4% 14.1%
R3K Balance   30,079       30,982     27,428      25,589    114,079
Annualized IRR 41.0%

Sure am glad (so far) that I bought AGX, which was a final day audible.

Dividend Portfolio

Stock Shares Avg Cost Current Price Dividends Received Pct Change R3K Change Diff
AAPL             115        461.49        487.22            817.31 7.1% 10.9% -3.8%
AOD       18,945            3.95             3.91        2,569.84 2.3% 6.8% -4.5%
BBEP         3,584          15.44           17.67        1,675.20 17.5% 0.3% 17.1%
CSCO         4,356          17.30           23.31        3,479.34 39.4% 23.3% 16.1%
CSQ         5,747            8.37             9.83        8,342.51 34.8% 38.7% -4.0%
INTC         3,389          22.21           21.98        3,654.19 3.8% 19.6% -15.8%
O             572          20.02           39.50        8,282.19 169.6% 88.7% 80.9%
OIBAX         4,036            4.97             5.97        7,460.18 57.2% 91.2% -34.0%
RIG         1,413          51.46           45.13        1,491.28 -10.3% 4.7% -15.0%
SBS         5,500            9.56             8.53                     -   -10.8% -3.5% -7.3%
SLCA         3,018          20.29           23.50            375.00 16.4% 0.1% 16.4%
STO         2,211          22.97           21.95        3,024.82 1.5% 21.0% -19.5%
TC-PT         5,500          15.43           19.54        4,468.20 31.9% 5.1% 26.7%
TCRD         4,200          14.73           15.70                     -   6.6% 0.7% 5.9%
TGONF         5,000          10.38           10.19            337.50 -1.2% 0.9% -2.1%
           
           
           
           
           
Total Open            45,978 14.5% 12.7% 1.8%
Closed 13.4% 9.9% 3.6%
Combined 13.7% 10.5% 3.2%
Annualized IRR Since 12/31/10 15.9%
2013 Gain 13.4%


Actually doing okay here.

Discretionary Portfolio

Stock Gain Cost Price
GNW 66.1%           7.10         11.80
GTAT 90.6%           3.39           6.46
ACAS -1.7%         12.70         12.48
KLIC -0.8%         11.15         11.06
BAC-WTA 10.8%           5.35           5.93
GAME -11.4%           4.50           3.99
HIG-WT -0.7%         20.89         20.74
QEPM 7.9%         21.00         22.65
Grand Total 28.8%

When I get some more time this weekend, I will post regarding the MFI Tracking portfolio from last August, which just hit a year.