Saturday, December 06, 2014

Weekend Update - Short and Sweet

Weekend Update

The struggle continues in everything that is non MFI related.  The oil and commodity swoon continues to crush my plays like KMFHALNADLTNH and TCMCF.  Then the rumors and news around GNW continue to be negative (Genworth Falls as JPMorgan Sees Reserve Hole Outlasting Review).  Even some of my MFI stocks (AGXCBI & FLR) are getting caught up in potential for energy-related construction to dry-up (Still More Damage Ahead on Low Oil Prices for Big Engineering Construction Stocks: Sell Chicago Bridge & Iron).

So while this is not a financial disaster, it is a bit depressing.  I am seriously considering putting a chunk of money in GARIX, this is a Greenblatt fund.  I own some shares as I was grandfathered in through an investment is FSDAX, which was shut down. At least with a mutual fund, I know I will step away from the batter (it is up 11% this year, while I am down 8%).

MFI Select

My MFI Select portfolio is certainly one of my bight spots, up 11.6%.

2/1/14 Stocks Start Current Dividend Pct Gain R3K Gain
ATVI $17.13 $21.79 $0.20 28.4% 16.5%
KLAC $61.47 $70.66 $18.40 44.9% 16.5%
RPXC $16.22 $13.60 $0.00 -16.2% 16.5%
SNDK $69.55 $104.47 $0.83 51.4% 16.5%
WNR $39.11 $40.86 $3.04 12.2% 16.5%
Totals 24.1% 16.5%
5/6/2014 Start Current Dividend Pct Gain R3K Gain
AVG $19.57 $19.54 $0.00 -0.2% 10.8%
CA $29.54 $30.82 $0.75 6.9% 10.8%
CSCO $22.79 $27.50 $0.38 22.4% 10.8%
NSR $25.82 $26.04 $0.00 0.9% 10.8%
RCII $28.78 $33.46 $0.46 17.9% 10.8%
Totals 9.6% 10.8%
8/15/2014 Start Current Dividend Pct Gain R3K Gain
CSCO $24.40 $27.50 $0.19 13.5% 6.1%
AGX $36.71 $32.35 $0.70 -10.0% 6.1%
ITRN $21.32 $21.67 $0.19 2.5% 6.1%
BRCD $9.34 $11.49 $0.04 23.5% 6.1%
CBI $58.25 $45.92 $0.07 -21.0% 6.1%
Totals 1.7% 6.1%
11/15/2014 Start Current Dividend Pct Gain R3K Gain
FLR $64.80 $62.39 $0.00 -3.7% 1.8%
IPCM $38.45 $46.13 $0.00 20.0% 1.8%
VIAB $72.29 $76.90 $0.00 6.4% 1.8%
NHTC $12.19 $13.74 $0.00 12.7% 1.8%
AWRE $4.40 $4.39 $0.00 -0.2% 1.8%
Totals 7.0% 1.8%
Category/Tranche August November February May Total
Initial Investment      25,000       25,000     25,000      25,000    100,000
Current Tranche 1.7% 7.0% 24.1% 9.6% 10.7%
Previous Tranche 41.4% 14.2% 78.3% 33.0% 39.5%
Tranche -2 14.1% 43.7%            -               -   14.5%
MFI Overall Gain 64.0% 75.7% 121.3% 45.7% 76.7%
Current Balance      41,008       43,919     55,325      36,433    176,684
R3K Current Tranche 6.1% 1.8% 16.5% 10.8% 8.8%
R3K Overall Gain 54.8% 59.2% 41.1% 31.8% 46.7%
R3K Balance      38,698       39,812     35,269      32,939    146,718
Annualized IRR 23.9% 31.5% 53.8% 26.8% 34.7%


I actually got an unexpected present the other day.  A $2 special dividend from WNR that I had not noticed showed up in my brokerage account!  Woo-hoo.  You can see my most recent 11/15 tranche is off to a strong start.  The February tranche is also doing quite well with SNDK and KLAC.

MFI Simple Formula

Also up for the year (stepping away from the batter).  Pretty much running on par with benchmark thus far. A new tranche is less than a month away.

10/1/2014 Stocks Start Current Dividend Pct Gain R3K Gain
BAH $23.52 $27.53 $0.11 17.5% 5.6%
BKE $45.55 $49.22 $0.22 8.5% 5.6%
CA $27.87 $30.82 $0.25 11.5% 5.6%
GME $41.70 $37.42 $0.33 -9.5% 5.6%
NUS $44.56 $44.73 $0.35 1.2% 5.6%
Totals 5.8% 5.6%

4 comments:

John Carney said...

Marsh,

For me Garix is behind IWV in 2013 and also for the one year performance and the YTD.
I don't want to incur fees when you lag the index.

Of course this is a short period but he is real short of being talked about at cocktail parties.


Jeff said...

Marshall, maybe I'm not reading this correctly but it looks like expenses are pretty high on this fund?

Corpraider said...
This comment has been removed by the author.
Corpraider said...

Garix is only 70% long so iwv probably isnt a good comparable. Just fyi