PORTFOLIO UPDATE JUNE 17:
For new lurkers, I update my portfolio from time to time so you can see how I have distributed my holdings among sectors, and track the winners and losers. This is a real portfolio - no smoke, mirrors, newsletters or other hype jobs. All of my position trades are recorded for the thread (daytrading is not included - follow the SI 50% Gains thread for those).
This is a diversified, medium risk portfolio aimed at aggressive growth without undue risk to the original capital. The largest single position should be less than 15% of the total portfolio. Position plays are augmented by regular intraday and overnight trades.
New additions (since 6/10): Long - SIMG, KWK, PRS, CCBL Dec 20 calls. Short - DRIV, RACE.
Out (since 6/10): Long - THQI calls, PROX, OEI, KQIP, CMTN, PLCM. Short - MPPP, AMZN puts.
Now holding 74% techs and 39% non-tech stocks, and -12% cash margin
Portfolio is currently ahead +35% YTD, down from +38% on June 10. Dow is down 9% YTD, NASDAQ down 5% and S&P flat. The Internet Index is down 16% YTD.
According to the Bloomberg Mutual Fund Center, the 50% Gains portfolio ranked 3rd in the top 25 US Technology mutual funds for YTD performance bloomberg.com (select Technology Funds). The one-year performance of +125% ranked 25th.
Core holdings: AREM, FFTI, FORTY, LDP, LPAC, MGIC, MSGI, NSATF, Pre-IPO: 24%.
50% Gains Candidates: A, ACLNF, ADZHY, ARTT, BINC, BRZE, CAMP, CLSC, CPT.V/CPTPF, CRYP, CTXS, DRBNX, GBT, GILTF, HLIT, ICOC, IFCI, IIIM, IMPT, IJNT, JDSU, KLIC, KP, KWK, MIHL, MUZE, NT, PLCM, POG, PRS, PTNR, RADN, SBTV, SJR, SLNK, SORC, TSIX, TWRS, UCU, UGP, UPCOY, ZDZ: 64%.
Tradin' Trash: IGNE: .1%
Options: FON July 65 calls, COB July 7.5 calls, GIFI Aug 10 calls, ANN Sep 17.5 calls, THX Sep 15 calls, EOG Oct 30 calls, ZIXI Nov 30 puts, CCBL Dec 20 calls, CHTR Jan 10 Calls, CNET Jan 35 calls, FD Jan 30 calls, NOK Jan 02 50 LEAP calls, WCOM Jan 02 45 LEAP calls: 15%.
Cash: -12%.
Current shorts: DRIV, RACE and RHAT - equals 6% of the portfolio long, up from 4% on June 10.
SECTORS: The portfolio is overweighted with tech stocks. More than half the portfolio is now in communications and semiconductors. Option holdings are included.
NOTE: The former Broadcasting/Communications category has been split into Broadcasting (Cable and Satellite TV), Communications Infrastructure (Equipment) and Communications Services (Service Providers).
Communications Infrastructure: A, ARTT, BRZE, CAMP, GILTF, HLIT, IFCI, IIIM, IJNT, JDSU, NOK Jan 02 50 LEAP calls, NSATF, NT, RADN, SLNK, TWRS (24%)
Hardware: KLIC, Pre-IPO, SIMG (17%)
Broadcasting: CHTR Jan 10 calls, CLSC, LPAC, MIHL, SBTV, SJR, UPCOY (15%)
Energy: EOG Oct 30 calls, GIFI Aug 10 calls, ICOC, KP, KWK, POG, PRS, THX Sep 15 calls, UCU, UGP (14%)
Communications Services: FON July 65 calls, GBT, IMPT, PTNR, TSIX, WCOM Jan 02 45 LEAP calls (11%)
Software: AREM, FORTY, MGIC, MUZE (8%)
Internet Services: CNET Jan 35 calls, FFIV, MSGI, ZDZ, ZIXI Nov 30 puts (6.5%)
Biotech: BINC, COB July 7.5 calls, DRBNX, IGNE (5.5%)
Financial: ADZHY, CPT.V/CPTPF, LDP (4%)
Gaming: CRYP (2.5%)
Retailers: ANN Sep 17.5 calls, FD Jan 30 calls (1.5%)
Business Services: FFTI, SORC (2%)
Transportation: ACLNF (1%)
Currently 38 winners and 27 losers long, or 38/30 with shorts (options are also included now).
Comments, questions and suggestions more than welcome as always. |
