No new positions were added this week. Shares were added to a few names on dips this week where valuations were attractive including WAG, DOV, TEVA, CSX, INTC and CSCO. Cash is low, now only 3% of the portfolio, but TIPs are another 10.23%, which could be used for additional purchases.
COP is on my s**t list with projected growth of 0%, and a price at fair value. If the price appreciates further this week, I'll likely put in a stop loss with the intent of selling the position for a stock with better growth potential.
Here are the stats for the portfolio:
Trailing the S&P YTD by 4.05%, however, this is not a good comparison. I started building this portfolio in July and August, and really had it mostly built by mid-August. Next week, I'll start tracking monthly performance vs. the S&P, and start the comparison from September 1, 2012.
From September 1 to today, the fund has returned 3.34%, but trails the S&P which is up 3.81%. It will be interesting to see how the performance compares longer term.
Here is a snapshot of the portfolio screened through FAST Graphs, highlighting a few important metrics (Click to enlarge):