Saturday, March 08, 2014

Weekend Update - All Things Considered A Decent Week

Weekend Update

Pretty funny. The week started badly for the broader market with the Ukraine crisis.   Then Tuesday was perhaps the best day of the year.  On Thursday I had some short term excitement, making money on a one day trade with PXLW. Finally, on Friday PXLW crashed 31% - which made the day poor for me (I essentially broke even on Friday excluding that trade).

Going into Friday, the week actually had a decent shot at being my best week ever.  In fact if I had sold the PXLW after hours on Thursday it would have been my best week ever (on a dollar basis, not percentage).  Still, I was up a bit over 4% on the week - crushing the broader market, up 1.1%. So on the year thus far, I am up a very respectable 9.1%.

Transactions

I did have a few transactions during the week:

  • On Tuesday I doubled my RIOM position.
  • On Tuesday I sold my MBUU.
  • On Thursday I had the PXLW fiasco
  • On Friday I bought TPVG for my Dividend Portfolio.
  • On Friday I also added to my LMNS.
MFI Portfolio

It was a solid week for my 4 tranches, up an aggregate 1.7%.  WNR made a comeback, spiking up 6.3%. AVG was up 7.2% on an upgrade.  CYOU really surprised me going up 6.2%.  That was a stock I would have sold, if not part of MFI. Sometimes forced discipline is beneficial.

My February tranche which (gasp) was trailing the IWV last week has now (whew) moved back ahead.  All is once again right with the world. Here is a listing of all my tranches and how they have done.  For posterity, I have also listed my 3 closed tranches:


8/15/12 Stocks Start Current Dividend Pct Gain R3K Gain
DLB $34.43 $33.04 $4.00 7.6% 22.1%
KFY $13.98 $18.95 $0.00 35.6% 22.1%
MSFT $30.19 $31.92 $0.92 8.8% 22.1%
NSU $3.62 $3.33 $0.12 -4.6% 22.1%
UIS $19.96 $24.52 $0.00 22.8% 22.1%
Totals 14.1% 22.1%
11/15/12 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $537.62 $527.28 $8.75 -0.3% 36.7%
ABC $40.21 $69.23 $0.86 74.3% 36.7%
LPS $23.89 $34.26 $0.40 45.1% 36.7%
VIAB $49.12 $80.94 $1.15 67.1% 36.7%
WU $12.77 $16.40 $0.50 32.3% 36.7%
Totals 43.7% 36.7%
2/1/13 Stocks Start Current Dividend Pct Gain R3K Gain
AAPL $450.60 $500.66 $8.75 13.1% 21.1%
GA $6.10 $11.01 $0.65 91.2% 21.1%
STRZA $16.06 $27.98 $0.00 74.2% 21.1%
CA $25.07 $32.08 $1.00 32.0% 21.1%
NUS $41.94 $116.59 $1.20 180.8% 21.1%
Totals 78.3% 21.1%
5/6/2013 Start Current Dividend Pct Gain R3K Gain
KLIC $11.40 $11.84 $0.00 3.9% 19.6%
CYOU $29.24 $31.24 $0.00 6.8% 19.6%
RDA $9.74 $18.05 $0.10 86.4% 19.6%
NVDA $13.85 $18.36 $0.32 34.9% 19.6%
CF $183.97 $261.09 $2.80 43.4% 19.6%
Totals 35.1% 19.6%
8/15/2013 Start Current Dividend Pct Gain R3K Gain
CF $187.26 $261.09 $2.00 40.5% 15.2%
FLR $66.06 $79.69 $0.53 21.4% 15.2%
AGX $15.60 $28.94 $0.75 90.3% 15.2%
KLIC $11.29 $11.84 $0.00 4.9% 15.2%
RPXC $15.92 $15.95 $0.00 0.2% 15.2%
Totals 31.5% 15.2%
11/15/13 Stocks Start Current Dividend Pct Gain R3K Gain
AVG $17.22 $20.07 $0.00 16.6% 5.9%
ATVI $17.71 $20.11 $0.00 13.6% 5.9%
GA $9.04 $11.37 $0.23 28.4% 5.9%
RPXC $17.04 $15.95 $0.00 -6.4% 5.9%
SYNA $48.01 $64.54 $0.00 34.4% 5.9%
Totals 17.3% 5.9%
2/1/14 Stocks Start Current Dividend Pct Gain R3K Gain
ATVI $17.13 $20.11 $0.00 17.4% 5.9%
KLAC $61.47 $66.85 $0.45 9.5% 5.9%
RPXC $16.22 $15.95 $0.00 -1.7% 5.9%
SNDK $69.55 $74.41 $0.00 7.0% 5.9%
WNR $39.11 $38.75 $0.26 -0.3% 5.9%
Totals 6.4% 5.9%
Category/Tranche August November February May Total
Initial Investment      25,000       25,000     25,000      25,000    100,000
Current Tranche 31.5% 17.3% 6.4% 35.1% 22.9%
Previous Tranche 14.1% 43.7% 78.3% 0.0% 30.9%
MFI Overall Gain 49.9% 68.6% 89.6% 35.1% 60.8%
Current Balance      37,486       42,153     47,410      33,773    160,822
R3K Current Tranche 15.2% 44.7% 5.9% 19.6% 21.4%
R3K Overall Gain 40.7% 44.7% 28.3% 19.6% 33.3%
R3K Balance      35,179       36,180     32,067      29,908    133,334
Annualized IRR 29.6% 49.0% 79.2% 43.1% 53.5%


One reason I listed the closed ones was I wanted to comment on how well the August 2012 tranches has done post closing. Now my new August picks have nothing to be ashamed of, up 31.5% (versus R3K up 15.2%), the August 2012 tranche since the sale is up 33.6%!  All five stocks have been terrific, with KFY being the terrificest (is that a word?) up about 55%.

Dividend Portfolio

These guys continue to under perform. But I am okay with that.  As I mentioned above, I did add TPVG to the mix on Friday.  This is my second BDC (along with FSC).  It had it's IPO on Thursday and is expected to yield between 8 and 8.5%. They are a bit of a twist on traditional BDC as they are involved as ventire capital (thus the "VG" in the ticker). So the cool thing about my dividend stocks is that I may be at my all time high on projected annual income.  With my multiplier it is about $62,000 and the portfolio is yielding 7.2%.  So it should double in 10 years (about the time I retire) - that would be sweet.


Stock Shares Avg Cost Current Price Dividends Received Pct Change R3K Change Diff
AOD       13,818            8.02             8.47        6,188.89 11.2% 17.7% -6.5%
BBEP         5,713          16.74           20.18        5,900.95 26.7% 11.0% 15.7%
CSQ         6,762            8.62           11.16      11,467.60 49.2% 52.5% -3.3%
FSC         6,646            9.65             9.49                     -   -1.7% 2.1% -3.8%
INTC         3,788          22.28           24.64        5,343.09 16.9% 35.9% -19.0%
NTC         6,629          12.00           12.02            377.85 0.6% 2.5% -1.9%
O             585          20.46           41.59        8,916.85 177.8% 114.1% 63.7%
OIBAX         4,116            4.99             6.09        7,944.17 60.6% 119.1% -58.5%
PM         1,000          78.60           80.34                     -   2.2% 1.8% 0.4%
TC-PT         4,000          15.39           14.86        5,686.40 5.8% 19.8% -14.0%
TGONF         7,000          10.27           10.96        2,367.50 10.0% 15.5% -5.5%
TPVG         5,000          15.55           15.55                     -   0.0% 0.0% 0.0%
           
           
           
           
           
           
           
           
Total Open            54,193 15.5% 19.3% -3.8%
Closed 12.8% 10.8% 2.0%
Combined 13.3% 12.3% 1.0%
Annualized IRR Since 12/31/10 17.3%
2014 Gain 0.8%

Discretionary Portfolio

This portfolio has been just stunning.  Definitely carrying a lot of the water for me.  I do not track it as thoroughly as MFI (more complex as positions change all the time), but you can see it like this.  For the year (with my multiplier) my total gain is $184,000.  Now GTAT by itself is up $140,000. Pretty wild! But is essentially up 100% since January 1st (started year at $8.72) and it was (and still is) my largest position.  Had I not sold the 1/3 GTAT position at $11.15, it would be another $42,000.

A lot of stocks in this portfolio had great moves during the week. BAC-WTA was up 15%. RIOM was up 10%. FGL was up 7.2%. And of course GTAT was up 22%. I would have hated to be short GTAT.

Stock Shares Avg Cost Current Price Pct Change R3K Change Diff
BAC-WTA         6,000               5.35                 8.28 54.8% 20.3% 34.5%
C         1,500             51.52               49.62 -3.7% 3.4% -7.1%
CS         2,800             29.47               32.13 9.0% 4.7% 4.3%
FGL         3,000             20.06               23.22 15.8% 2.6% 13.1%
GNW         9,000               7.10               16.95 138.6% 41.4% 97.2%
GTAT       14,000               3.39               17.50 416.2% 21.4% 394.8%
HIG-WT         1,650             21.24               27.41 29.1% 15.6% 13.5%
KLIC         7,000             11.48               11.84 3.2% 11.2% -8.0%
LMNS       16,000             12.71               12.34 -2.9% 0.6% -3.6%
RIOM       25,000               2.25                 2.33 3.5% 1.7% 1.7%
SIRI       15,000               3.73                 3.51 -5.9% 4.0% -9.8%
        
        
        
        
Total Open 40.7% 8.8% 31.9%
Closed 4.4% 2.2% 2.2%
Combined 15.8% 4.3% 11.5%

So I think that is about all she wrote.  I did learn an expensive lesson (about $8,000 with multiplier) during week with PXWL, but still up about $84,000 - so I am happy.  Have a great weekend everyone!



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