My top (>2.5%) positions in no particular order: GLW, MSFT, MGDDY, JPM, PWRD, DRAGF. In: JPM - added, price increase; PWRD - price increase
Fixed income: 15%
Cash: 18%
New positions: CAM.L, DTV
Positions increased: NICK, JPM, CF
Positions reduced: MHR, PWRD, SHOS
Positions eliminated: ADVC
Flip-flop:
With market rising, I should be selling more than buying, but so far I've stayed flat with bond and cash allocation. IMHO 33% is a bit high as it is, even though market is not attractive.
Purchases indicate the lack of great values to buy. I added more of NICK, JPM and CF. Bought DTV - Buffett-lieutenant pick, not cheap. Bought initial position in CAM.L mentioned by Spek.
Sold some MHR on pop-up, some SHOS - getting very expensive IMHO, some PWRD - reducing position as stock ran up, though stock is still cheap.
Sold ADVC as it delisted. The company is run for founders/managers and not investors. They do not provide recent results after delisting. It is still cheap, but I decided to leave it. |
