My top 10-ish positions in no particular order: GTE, GFRE, TIP, GLW, GPOR, FR-J/K, IACAF, HOG, RIG, EMB, NRF-A/B, IDG/IGK/IND, JNJ, NXY, OXY, PKX, SDTH.
New positions: NRF-A/B, COPJF.
Positions increased: IDG, CPBY, ASRG, SGZH.
Positions reduced: TIP, SPPRO, CHBT, GFRE, GPOR.
Positions eliminated: SLT, DYP, AXP, HRP-D.
More reorganization in income part (NRF-A/B, IDG, TIP, SPPRO, HRP-D). Largest shift there was a purchase of NRF-A/B position. I think these are trading at attractive prices.
Position increases in equities that I still consider undervalued (CPBY, ASRG, SGZH) using cash from sales. I finally spent some time on Dale's COPJF suggestion and decided to establish small position.
SLT and AXP were sold on valuation concerns. AXP is also too complicated for me. GFRE and GPOR were reduced from large positions that have gone up a lot. I decided that DYP, although cheap, is not in an area I want a long-term holding and exited the position. |
