November 28th, 2014 MFI Tracking Portfolio

In case people are playing along at home, here are the stocks that qualify in my dividend component of my most recent tracking portfolio (in descending market cap order):

Stock	Initial Price	52 week low	Mkt Cap	Total Dividend	Yield
CSCO	27.64	20.22	140,024	0.74	2.7%
CA	31.15	25.25	13,716	1.00	3.2%
COH	37.12	32.72	10,230	1.35	3.6%
PBI	24.62	21.01	4,948	0.75	3.1%
KING	15.25	10.68	4,905	0.46	3.0%
GME	37.81	33.10	4,273	1.60	4.2%
NUS	41.80	38.12	2,479	1.38	3.3%
BKE	51.19	41.45	2,476	2.08	4.1%
TSRA	34.18	17.60	1,801	0.92	2.7%
CJREF	18.88	18.01	1,622	0.99	5.2%
PDLI	8.26	7.22	1,379	0.60	7.3%
RGR	38.09	36.66	740	1.62	4.3%
IQNT	18.42	9.80	610	0.51	2.8%
ITRN	21.70	19.52	455	0.93	4.3%
WILN	3.17	2.86	381	0.16	5.0%
SPOK	15.86	12.58	343	0.50	3.2%
PETS	13.50	12.07	274	0.68	5.0%
GORO	3.60	3.47	195	0.14	3.9%
LBMH	2.80	2.30	148	0.12	4.4%
AWRE	4.41	3.46	101	1.75	39.7%

So if I were starting a new "MFI Formula" tranche, I'd have 12 or 13 to choose from (I will have to look off cut off point - I think I said $600 million).

Here are the stocks that qualify as "new":

Stock	Initial Price	52 week low	Mkt Cap
UBNT	28.90	27.86	2,553
IDCC	49.88	26.25	1,919
CJREF	18.88	18.01	1,622
TPUB	21.09	15.00	536
WILN	3.17	2.86	381
VEC	28.26	19.34	297
ADMS	14.69	12.02	249
AWRE	4.41	3.46	101

Interestingly, as I look at this I see TPUB should be on both lists (Yahoo finance sucks). They have a 3.4% yield.

College Funds & MFI Index Update

College Funds Hanging In There

Proving buy and hold can still work, here is a look at the college funds for my kids:

2009 Tranche	Start	Current	Dividend	Gain
ACE	32.86	114.34	10.22	279%
CB	35.37	103.05	8.93	217%
VR	21.92	41.50	7.48	123%
Total				206%
2010 Tranche	Start	Current	Dividend	Gain
ACE	47.61	114.34	8.98	159%
CB	49.20	103.05	7.53	125%
VR	26.25	41.50	6.68	84%
Total				122%
2011 Tranche	Start	Current	Dividend	Gain
ACE	62.09	114.34	7.35	96%
CB	58.15	103.05	6.05	88%
VR	30.52	41.50	5.80	55%
Total				80%
1/12 Tranche	Start	Current	Dividend	Gain
GNW	6.66	9.09	-	36%
LNC	19.72	56.63	1.28	194%
Total				115%
10/12 Tranche	Start	Current	Dividend	Gain
GNW	5.35	9.09	-	70%
VR	35.79	41.50	4.05	27%
Total				49%
1/13 Tranche	Start	Current	Dividend	Gain
GNW	8.12	9.09	-	12%
LNC	27.50	56.63	0.84	109%
Total				60%
10/13 Tranche	Start	Current	Dividend	Gain
IBM	181.51	162.17	5.20	-8%
CSCO	22.91	27.64	0.74	24%
Total				8%
2014 Tranche	Start	Current	Dividend	Gain
MET	53.46	55.61	1.33	7%
LNC	47.66	56.63	0.16	19%
Total				13%

They were definitely hurt by the GNW fiasco, but overall are doing decently. IBM looks like my one sour pick of late.  

MFI Index

As my readers may know, I have created an MFI index, a listing of fifty stocks that I change once a year and then track over time against the Russell 3000.  Since 2006, it has been an absolute dead heat.

	Annual		Inception to Date
Year	Russell	MFI	Russell ITD	MFI ITD
2006	11.40%	15.03%	11.40%	15.03%
2007	4.09%	-6.69%	15.96%	7.34%
2008	-37.05%	-37.97%	-27.00%	-33.42%
2009	32.51%	45.18%	-3.27%	-3.34%
2010	18.38%	22.77%	14.50%	18.67%
2011	-0.56%	-10.47%	13.87%	6.25%
2012	16.43%	9.70%	32.57%	16.56%
2013	33.01%	51.70%	76.34%	76.82%
2014	12.36%	12.52%	98.13%	98.96%

Here are the fifty stocks in 2014, with performance so far this year and in the 4th quarter:

Index	Stock	Start	30-Sep	Current	YTD Change	Q4 Change
1	ATVI	17.83	20.99	21.85	22.5%	4.1%
2	MO	38.39	47.38	51.70	34.7%	9.1%
3	APOL	27.32	25.15	31.22	14.3%	24.1%
4	AAPL	561.02	714.88	845.43	50.7%	18.3%
5	AGX	27.56	33.38	32.47	17.8%	-2.7%
6	BAH	19.15	23.61	27.53	43.8%	16.6%
7	BKE	52.56	46.05	52.07	-0.9%	13.1%
8	CA	33.65	28.69	32.15	-4.5%	12.1%
9	CACI	73.22	71.27	89.19	21.8%	25.1%
10	CHE	76.62	103.52	110.95	44.8%	7.2%
11	CRUS	20.43	20.85	18.29	-10.5%	-12.3%
12	CSCO	22.43	25.53	28.19	25.7%	10.4%
13	COH	56.13	36.62	38.13	-32.1%	4.1%
14	CRTX	9.49	9.50	9.50	0.1%	0.0%
15	DLX	52.19	56.01	59.60	14.2%	6.4%
16	DHX	7.25	8.38	10.87	49.9%	29.7%
17	EBIX	14.71	14.41	16.44	11.7%	14.1%
18	EGL	33.40	31.17	42.05	25.9%	34.9%
19	GME	49.26	42.19	39.13	-20.6%	-7.3%
20	GTIV	12.41	16.78	19.41	56.4%	15.7%
21	GNI	68.10	25.95	31.12	-54.3%	19.9%
22	HLF	78.70	44.05	43.55	-44.7%	-1.1%
23	IQNT	11.41	12.60	18.87	65.4%	49.8%
24	ESI	33.58	4.29	8.31	-75.3%	93.7%
25	LPS	37.38	37.30	37.30	-0.2%	0.0%
26	LQDT	22.66	13.75	10.51	-53.6%	-23.6%
27	LO	50.68	61.76	64.99	28.2%	5.2%
28	MSFT	37.41	47.20	48.93	30.8%	3.7%
29	MYGN	20.98	38.57	33.53	59.8%	-13.1%
30	NATR	17.32	16.63	16.82	-2.9%	1.1%
31	NOC	114.61	133.77	142.94	24.7%	6.9%
32	PDLI	8.44	7.92	8.71	3.2%	0.0%
33	PFMT	10.30	8.08	6.80	-34.0%	-15.8%
34	PETS	16.63	14.11	14.23	-14.4%	0.9%
35	PRSC	25.72	48.38	39.13	52.1%	-19.1%
36	QCOR	54.45	94.50	94.50	73.6%	0.0%
37	RTN	90.70	102.83	108.52	19.6%	5.5%
38	RAI	49.99	60.34	67.92	35.9%	12.6%
39	RPXC	16.90	13.73	13.12	-22.4%	-4.4%
40	SAIC	33.07	45.07	51.75	56.5%	14.8%
41	SWHC	13.49	9.44	9.97	-26.1%	5.6%
42	STRA	34.47	59.88	75.69	119.6%	26.4%
43	RGR	73.09	50.17	39.71	-45.7%	-20.8%
44	UIS	33.57	23.41	26.72	-20.4%	14.1%
45	UNTD	13.76	10.95	13.06	-5.1%	19.3%
46	SPOK	14.28	13.39	16.36	14.6%	22.2%
47	USNA	75.58	73.66	106.64	41.1%	44.8%
48	VCI	34.25	34.02	34.02	-0.7%	0.0%
49	VGR	16.37	22.98	24.02	46.7%	4.5%
50	WTW	32.93	27.44	29.00	-11.9%	5.7%
	Total	17,682	18,372	19,896	12.5%	8.3%

That 8.3% gain in the fourth quarter is pretty darned impressive.  I would love to have that.  As a side note, my MFI select tranches are up 4.5% in the 4th quarter and my MFI formula tranche is up 5.5%.