Tuesday, February 03, 2015

Off & Running

My newest tranche was official yesterday.  I sold my SNDK, WNR and KLAC.  I have not yet sold the ATVI or RPXC. Will do that shortly.

Here is my newest tranche:

2/1/2015 Start Current Dividend Pct Gain R3K Gain
VEC $28.00 $28.17 $0.00 0.6% 1.1%
QCOM $62.73 $65.53 $0.00 4.5% 1.1%
VIAB $63.91 $65.13 $0.00 1.9% 1.1%
UIS $22.03 $21.88 $0.00 -0.7% 1.1%
NHTC $12.44 $12.20 $0.00 -1.9% 1.1%
Totals 0.9% 1.1%


My 9 "rejects" were up 0.7% on day one - of course better to judge after 365 days.

Of course if I had held my expiring stocks for one more day, they were up 1.4%.

Formula Approach

My MFI Formula stock tranches are really kicking a$$ so far.

10/1/2014 Stocks Start Current Dividend Pct Gain R3K Gain
BAH $23.52 $29.42 $0.11 25.5% 3.5%
BKE $45.55 $51.07 $3.22 19.2% 3.5%
CA $27.87 $30.41 $0.25 10.0% 3.5%
GME $41.70 $36.83 $0.33 -10.9% 3.5%
NUS $44.56 $43.09 $0.35 -2.5% 3.5%
Totals 8.3% 3.5%
12/31/14 Stocks Start Current Dividend Pct Gain R3K Gain
CA $30.83 $30.41 $0.00 -1.3% -2.8%
CSCO $28.36 $26.83 $0.19 -4.7% -2.8%
RGR $34.81 $40.64 $0.00 16.7% -2.8%
GME $34.21 $36.83 $0.00 7.7% -2.8%
IQNT $19.87 $17.49 $0.00 -12.0% -2.8%
Totals 1.3% -2.8%

Both tranches are beating benchmark by more than four points.  You'd think this would vindicate this approach, but I have to admit so far it is as much "luck" as anything.  The stocks I did not pick randomly in October are up just a bit over 2% (versus 8.3% for my 5). The stocks I didn't pick randomly in December are down 6%.

RCII Misses

RCII has been the best performer in my May 2014 tranche (up 24%). But their earnings last night disappointed (4:49 pm Rent-A-Center misses by $0.11, reports revs in-line; guides FY15 EPS below consensus, revs in-line) and I expect to feel the pain today. 

3 comments:

Joel said...

Have you considered making a basket of all your eligible stocks per tranche? rather than picking 5? Maybe you've addressed this in the past and I missed it...

Marsh_Gerda said...

Joel - i have thought about it. The transnational costs start to add up.

Joel said...

Got it...might be interesting to see what the results less the trans. fees would be... when you have a few minutes to do another big spreadsheet. :)