My top (>2%) positions in no particular order: BRKB, FRFHF, FB, JPM, LSXMA, ISTB, EXXRF, DISCK, MKL, AAPL
In:
Out:
Fixed income: 6%
Cash: 8%
Sectors (kinda): Insurance(FRFHF, BRK, MKL): 24%, Malone/media: 16%, Banks/financials: 9%, Cars: 0%, Oil: 0%, Medical/pharma: 1%, Tech: 14%, Various owner-operators (not included in other categories): 12%
New positions:
Positions increased: AAPL, IPGP, FB, BRKB, FDX, CTL bond, DIS, RHT
Positions reduced:
Positions eliminated: PONAX, CARS, TVPT
Flip-flop:
My annual return in 2018 was -7.91% underperforming the index again.
I sold PONAX position, which I was planning to sell for some time. I added to CTL bond as its price dropped below par.
Sold TVPT - announced private equity buyout.
Sold CARS - based on results decided that further holding is not worthwhile.
Added to AAPL, IPGP, FB, BRKB, FDX, DIS as prices dropped.
Added to RHT merger arbitrage position. |
