Weekend Update - I Added Fuel To The Fire

Worst Day In Long Time => And I Made It Even Worse

not me

It was already a terrible day for my portfolio on Friday.  I had lost about 2.5% of my portfolio value and about $65,000 (with my multiplier). The dollar amount was my 5th or 6th worst day since I started tracking such things in 2009 (the worst series of days were in early August 2011 when Congress drug feet on extending debt ceiling).  The percentage loss was much further down the list as my portfolio has grown quite a bit.

not me

My fuel to the fire was discovered this morning.  I had bought a IPO stock (TWOU) on an order I had placed a couple of days ago, but thought I had canceled.  It
was not a huge buy, but I was the proud owner of a new baby that I had not really wanted in a period when there seems to be a flight to quality.

Anyway - not my savviest move.  I also bought GNW near the open yesterday at $18.39.  Again, not a ton of shares, but yesterday morning was a bad time to be buying anything.  It will be very interesting to see where the market goes next week.

You know the amazing thing?  Despite the disaster that was yesterday, I actually made money on the week. A 1% gain, while the R3K was just slightly positive.   So I should not beat myself up too much, though I do think I am in too many speculative names right now (CALL, GTAT, LMNS and TWOU).  Not sure yet what the plan is. It certainly doesn't feel like time to "panic", but I may pare back at least my LMNS position to offset the added TWOU risk.

MFI Portfolio

While this portfolio did give up a little ground during the week, it continues to be strong across the board.  I did see where I had omitted an annual ATVI dividend, so I threw that in.

5/6/2013	Start	Current	Dividend	Pct Gain	R3K Gain
KLIC	$11.40	$12.24	$0.00	7.4%	18.4%
CYOU	$29.24	$29.06	$0.00	-0.6%	18.4%
RDA	$9.74	$17.74	$0.10	83.3%	18.4%
NVDA	$13.85	$18.15	$0.32	33.4%	18.4%
CF	$183.97	$255.62	$2.80	40.5%	18.4%
Totals				32.8%	18.4%
8/15/2013	Start	Current	Dividend	Pct Gain	R3K Gain
CF	$187.26	$255.62	$2.00	37.6%	14.0%
FLR	$66.06	$77.66	$0.53	18.4%	14.0%
AGX	$15.60	$29.02	$0.75	90.8%	14.0%
KLIC	$11.29	$12.24	$0.00	8.4%	14.0%
RPXC	$15.92	$16.14	$0.00	1.4%	14.0%
Totals				31.3%	14.0%
11/15/13 Stocks	Start	Current	Dividend	Pct Gain	R3K Gain
AVG	$17.22	$19.90	$0.00	15.6%	4.8%
ATVI	$17.71	$20.12	$0.20	14.7%	4.8%
GA	$9.04	$11.55	$0.23	30.4%	4.8%
RPXC	$17.04	$16.14	$0.00	-5.3%	4.8%
SYNA	$48.01	$61.16	$0.00	27.4%	4.8%
Totals				16.6%	4.8%
2/1/14 Stocks	Start	Current	Dividend	Pct Gain	R3K Gain
ATVI	$17.13	$20.12	$0.20	18.6%	4.8%
KLAC	$61.47	$69.40	$0.45	13.6%	4.8%
RPXC	$16.22	$16.14	$0.00	-0.5%	4.8%
SNDK	$69.55	$80.95	$0.00	16.4%	4.8%
WNR	$39.11	$39.05	$0.26	0.5%	4.8%
Totals				9.7%	4.8%

Category/Tranche	August	November	February	May	Total
Initial Investment	25,000	25,000	25,000	25,000	100,000
Current Tranche	31.3%	16.6%	9.7%	32.8%	22.9%
Previous Tranche	14.1%	43.7%	78.3%	0.0%	31.4%
MFI Overall Gain	49.8%	67.5%	95.6%	32.8%	61.4%
Current Balance	37,443	41,884	48,900	33,192	161,420
R3K Current Tranche	14.0%	43.2%	4.8%	18.4%	20.1%
R3K Overall Gain	39.2%	43.2%	26.9%	18.4%	31.9%
R3K Balance	34,808	35,797	31,727	29,594	131,926
Annualized IRR	27.9%	45.1%	77.1%	36.3%	50.2%

I think when you look up and down these tranches, you have to be impressed with the broad out-performance.

Discretionary Portfolio

This is the section that I feel is getting a bit out-of-hand.  Look towards next week, if the opportunity is there, for me to pare back a bit.

Stock	Shares	Avg Cost	Current Price	Pct Change	R3K Change	Diff
BAC-WTA	6,000	5.35	8.00	49.5%	18.5%	31.0%
CALL	4,000	22.20	20.36	-8.3%	-0.2%	-8.1%
CS	2,800	29.47	32.66	10.8%	3.2%	7.6%
GNW	11,000	9.16	17.82	94.6%	24.5%	70.2%
GTAT	17,000	5.41	16.90	212.6%	10.4%	202.2%
HIG-WT	1,650	21.24	26.84	26.4%	13.9%	12.5%
IWM	126	119.28	114.49	-4.0%	-1.3%	-2.7%
KLIC	7,000	11.48	12.24	6.7%	9.6%	-2.9%
LMNS	20,000	12.57	10.72	-14.8%	-0.8%	-14.0%
RIOM	25,000	2.25	2.03	-9.9%	0.3%	-10.1%
TWOU	2,724	13.92	13.06	-6.2%	-1.4%	-4.8%
Total Open				31.8%	6.0%	25.8%
Closed				3.8%	2.1%	1.7%
Combined				12.0%	3.2%	8.8%

Dividend Portfolio

It did seem like there was a flight to quality during the week, so my divvy stocks held up quite well. Also, I caught during the week a couple of omissions in my record keeping (I had shown this portfolio at a loss during 2014 - but I had missed a couple profitable transactions and that swung them to a gain - now up 1.7%).

Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
AOD	13,890	8.02	8.43	7,746.20	12.1%	15.9%	-3.8%
BBEP	5,713	16.74	20.09	5,900.95	26.2%	9.4%	16.8%
CSQ	6,804	8.63	11.22	11,467.60	49.5%	49.8%	-0.4%
CTCM	10,000	8.98	9.47	-	5.4%	-0.7%	6.1%
FGL	3,000	20.06	23.51	195.00	17.5%	1.1%	16.4%
FSC	6,704	9.65	9.59	553.61	0.2%	0.6%	-0.4%
NTC	6,660	12.01	12.11	755.71	1.8%	1.0%	0.8%
O	590	20.64	40.74	9,024.78	171.4%	109.0%	62.4%
OIBAX	4,125	5.00	6.10	8,001.62	60.9%	115.6%	-54.7%
PM	1,000	78.60	82.81	940.00	6.6%	0.4%	6.2%
TGONF	7,000	10.27	10.25	2,367.50	3.1%	13.8%	-10.7%
TPVG	5,000	15.55	15.90	-	2.3%	-1.5%	3.7%
Total Open				46,953	15.5%	12.6%	2.9%
Closed					12.6%	11.5%	1.2%
Combined					13.1%	11.7%	1.5%
Annualized IRR Since 12/31/10					17.3%
2014 Gain					1.7%

I will write more during the weekend if I have anything to say!