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% |
| $13.98 | $18.95 | $0.00 | 35.6% | 22.1% | |
| $30.19 | $31.92 | $0.92 | 8.8% | 22.1% | |
| NSU | $3.62 | $3.33 | $0.12 | -4.6% | 22.1% |
| $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 |
| $537.62 | $527.28 | $8.75 | -0.3% | 36.7% | |
| $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% | |||
| Start | Current | Dividend | Pct Gain | R3K Gain | |
| $11.40 | $11.84 | $0.00 | 3.9% | 19.6% | |
| CYOU | $29.24 | $31.24 | $0.00 | 6.8% | 19.6% |
| $9.74 | $18.05 | $0.10 | 86.4% | 19.6% | |
| $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% | |||
| Start | Current | Dividend | Pct Gain | R3K Gain | |
| CF | $187.26 | $261.09 | $2.00 | 40.5% | 15.2% |
| $66.06 | $79.69 | $0.53 | 21.4% | 15.2% | |
| AGX | $15.60 | $28.94 | $0.75 | 90.3% | 15.2% |
| $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% |
| $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% |
| $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 |
| $17.13 | $20.11 | $0.00 | 17.4% | 5.9% | |
| $61.47 | $66.85 | $0.45 | 9.5% | 5.9% | |
| RPXC | $16.22 | $15.95 | $0.00 | -1.7% | 5.9% |
| $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% |
| 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% |
| 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% |
| 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% |
| 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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