My top 10-ish positions in no particular order: UVIC, GLW, MSFT, MGDDY, MHR-D, DRAGF, PWRD. No changes
New positions: AHL, AITPF, AAPL, JMBA, MKL, STX
Positions increased: ADVC, BRK, FMBL, WDC
Positions reduced: BAC, DELL, JNJ
Positions eliminated: ADI, APA, EGY, GRVY
Flip-flop: MHR
Some year-end/year-beginning cleanup in my portfolio.
MHR - flip-flopped in/out on continuous drama. Currently out. Small gain.
Sold ADI - too expensive for me. Lightened JNJ - expensive, BAC - runup, DELL - low conviction position at this time. Sold APA and EGY as rather expensive energy plays. Sold GRVY, since I no longer believe that they will do well based on their existing games and pipeline. After my sale, the stock ran up and then pulled back, possibly due to pump-and-dump in SA/other writeups.
Added WDC and bought STX since they seem cheap and becoming duopoly although HDD space is going to contract.
Added ADVC, FMBL - cheapish. Bought AHL - cheap, AAPL - somewhat cheap.
Bought MKL on merger drop. It is not as cheap as other insurance cos, but its investments in stocks will most likely outperform fixed income portfolios held by others.
Bought small position in AITPF on Clownbuck's mention here.
Added BRK as a housing upturn play.
Bought small position in JMBA - possibly not really a value play although it was recommended at a Value Investing Congress. Anyone has experience with their brand/stores?
I do not go into valuation details in these monthly updates. If anyone is interested in particular stock, let me know and I can elaborate. |
