Friday, March 22, 2019

MFI Getting Toasted, Yet Again

MFI Getting Toasted, Yet Again

Sometimes I think just buying the index would be cheaper, less time-consumer and more effective.

March so far has been horrible for MFI stocks in the over $100 million list.  The 50 stocks in my February 26th tracking portfolio are down 6.6% while the index is up 2%.

That, my gentle readers, is known as a shellacking.  Here are the 50 stocks:


Stock  Initial Price   End Price  Percent Change  Mkt Cap 
WTW              29.57           19.80 -33.0%         1,975
BIIB            327.62         226.88 -30.7%       64,607
HEAR              16.20           12.00 -25.9%            231
TVTY              22.61           17.18 -24.0%            928
TUSK              23.37           18.22 -22.0%         1,046
DHX                3.22             2.52 -21.7%            172
SGH              30.86           25.01 -19.0%            703
NKTR              41.03           33.48 -18.4%         7,101
HPQ              23.70           20.22 -14.7%       37,290
IMMR                9.61             8.29 -13.7%            296
SYX              24.80           21.54 -13.2%            931
SIGA                6.86             5.99 -12.7%            551
STRL              14.66           12.82 -12.6%            397
PETS              23.31           20.50 -12.1%            482
MD              34.31           30.62 -10.8%         3,013
CTRA              61.40           54.94 -10.5%            608
VIAB              28.94           25.98 -10.2%       11,746
ALSN              51.53           46.37 -10.0%         6,539
EAF              14.72           13.36 -9.2%         4,300
AKG                0.73             0.67 -8.2%            165
AMCX              62.45           57.47 -8.0%         3,529
MCFT              24.37           22.61 -7.2%            456
MSGN              23.93           22.22 -7.1%         1,792
GME              11.26           10.55 -6.3%         1,190
LTRPA              15.48           14.56 -5.9%         1,162
HSII              42.98           40.57 -5.6%            817
FTSI              10.54             9.98 -5.3%         1,152
MSB              30.77           29.39 -4.5%            404
IDCC              69.02           66.39 -3.8%         2,374
UIS              13.64           13.14 -3.7%            696
BKE              18.51           17.97 -2.9%            907
LGORF                1.70             1.67 -1.8%            891
AEIS              51.58           50.72 -1.7%         1,969
VEC              27.95           27.54 -1.5%            314
CJREF                4.54             4.52 -0.4%            975
NHTC              13.02           12.99 -0.2%            151
OMC              74.86           75.02 0.2%       16,962
ACOR              14.00           14.05 0.4%            665
UTHR            121.95         122.99 0.9%         5,736
HRB              24.02           24.24 0.9%         4,988
EGY                2.40             2.45 2.1%            143
LRCX            177.47         183.80 3.6%       28,722
BPT              26.06           27.17 4.3%            558
AMAT              39.58           41.33 4.4%       37,577
STX              46.86           48.98 4.5%       13,377
IDT                6.08             6.47 6.4%            144
KLAC            116.12         123.80 6.6%       17,576
AGX              45.98           49.03 6.6%            716
TGNA              12.46           14.12 13.3%         2,692
LEE                2.96             3.37 13.9%            171


That is just plain terrible in a positive market.

My Results

I am (thankfully) not as bad.  My MFI Select is down 1.9% in that time frame while MFI Formula is down 1.7%.  I am not doing a victory lap on that result.

Here are individual stocks:


 Portfolio   Stock   Last Month   Current   Dividend   Change 
 Formula   GILD              65.28         64.92                  0.65 0.4%
 Formula   IPG              23.63         21.93                  0.24 -6.2%
 Formula   EGOV              17.07         17.20                       -   0.8%
 Formula   CJREF                4.60            4.52                  0.06 -0.5%
 Formula   KLAC            116.12       123.80                       -   6.6%
 Formula   OMC              75.52         75.02                  0.65 0.2%
 Formula   VIAB              29.14         25.98                  0.20 -10.2%
 Formula   TUP              31.04         25.88                  0.27 -15.8%
 Formula   AMGN            190.08       191.89                       -   1.0%
 Formula   PETS              23.31         20.50                       -   -12.1%

 Stock   Last Month   Current   Dividend   Change 
 AGX              45.98         49.03                       -   6.6%
 WDC              50.97         51.78                       -   1.6%
 MU              42.96         43.99                       -   2.4%
 SGH              30.86         25.01                       -   -19.0%
 DISCA              28.39         26.68                       -   -6.0%
 TGNA              12.52         14.12                  0.07 13.3%
 BBY              60.31         70.56                  0.50 17.8%
 CJREF                4.60            4.52                  0.06 -0.5%
 RTN            185.24       181.93                       -   -1.8%
 VIAB              29.14         25.98                  0.20 -10.2%
 ICHR              21.68         22.86                       -   5.4%
 DXC              67.18         66.64                       -   -0.8%
 HPQ              23.90         20.22                  0.16 -14.7%
 AMCX              62.45         57.47                       -   -8.0%
 GME              11.64         10.55                  0.38 -6.1%
 CAAP                8.03            8.12                       -   1.1%
 FTSI              10.54            9.98                       -   -5.3%

Sigh.

Over $3 billion

I am now also tracking MFI top 50 over $3 billion to see if that is more palatable.  I started that one on 3/1 (not the 2/26 date used for others), but story largely the same, down 1.7%.

TickerShares Basis Current PriceGain/LossPct G/L
AAPL11.43 174.97 195.09 230 11.5%
ABC24.10 82.98 80.36 (63)-3.2%
ALSN40.87 48.94 46.37 (105)-5.3%
AMAT51.87 38.56 41.33 144 7.2%
AMGN10.46 191.16 191.89 8 0.4%
AYI15.12 132.28 123.17 (138)-6.9%
BBY29.49 67.81 70.56 81 4.1%
BIIB5.99 334.10 226.88 (642)-32.1%
CBS39.38 50.79 46.10 (185)-9.2%
CDK34.03 58.78 57.77 (34)-1.7%
CELG23.27 85.96 89.63 85 4.3%
CLF183.65 10.89 9.85 (191)-9.6%
CPRI42.73 46.81 45.36 (62)-3.1%
CTSH27.73 72.13 72.20 2 0.1%
DXC29.73 67.27 66.64 (19)-0.9%
EAF140.55 14.23 13.36 (122)-6.1%
EME27.58 72.51 73.58 30 1.5%
FFIV12.01 166.53 155.83 (129)-6.4%
GILD30.30 66.01 64.92 (33)-1.7%
GNTX97.56 20.50 20.42 (8)-0.4%
HPQ102.04 19.60 20.22 63 3.2%
HRB82.85 24.14 24.24 8 0.4%
IPG86.47 23.13 21.93 (104)-5.2%
JAZZ14.39 138.98 136.03 (42)-2.1%
KHC61.73 32.40 32.75 22 1.1%
KLAC17.27 115.78 123.80 139 6.9%
LEA13.10 152.68 135.89 (220)-11.0%
LPX78.52 25.47 24.44 (81)-4.0%
LRCX11.32 176.75 183.80 80 4.0%
MAN23.67 84.51 85.85 32 1.6%
MAS50.00 40.00 39.11 (45)-2.2%
MCK16.06 124.53 122.23 (37)-1.8%
MKSI23.85 83.85 92.57 208 10.4%
MO37.91 52.75 56.93 158 7.9%
MU48.10 41.58 43.99 116 5.8%
NCR70.03 28.56 28.45 (8)-0.4%
NKTR52.45 38.13 33.48 (244)-12.2%
NTAP30.20 66.22 69.51 99 5.0%
NUS33.75 59.26 51.87 (249)-12.5%
OMC26.07 76.72 75.02 (44)-2.2%
RHI29.33 68.20 66.37 (54)-2.7%
RTN10.74 186.19 181.93 (46)-2.3%
STX43.15 46.35 48.98 113 5.7%
SWKS24.40 81.98 86.07 100 5.0%
TGNA133.78 14.95 14.12 (111)-5.6%
TPR56.56 35.36 31.95 (193)-9.6%
UTHR15.77 126.84 122.99 (61)-3.0%
VIAB67.91 29.45 25.98 (236)-11.8%
WDC38.71 51.66 51.78 5 0.2%
XRX63.92 31.29 32.91 104 5.2%

3 comments:

Unknown said...

My mega cap (+100B market cap) selection is up 5,3% in March. S&P is up 1,14%.
Stocks to buy for April are ABBV, AMGN and MO.

Unknown said...

Mega caps on MF list one year ago: AMGN +11,44%; CSCO: +25,88%; MO: -7,85%; ORCL: +17,40%. On average up 11,72%, not included 3,08% dividend yield. S&P500 performance last year: +7,33%. Mega caps outperform!

Unknown said...

Dividend yield >5% on MF list one year ago: BPT: +11,3%; CJREF: -4,94%; LB: -27,82%; NRT: -16,71%; PBI: -36,91%; TUP -47,13%. Horrible results, on average -20,37%. Avoid those bad stocks!