Ygrids portfolio report 01/01 – 16/09 (+26,11%)

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In December 2016, I thought about which stocks would outperform the market. When I released my report of 2016 nine months ago, I included these stock picks at the end of the document. Contrary to last time, not 8 but 7 stocks were picked. To be completely fair, 2 of those picks are Funds. On a step-by-step basis analysis of the firms will appear on this website (when I find the time). This is a follow-up report since May 5th 2017.

The simulation uses 10.000 EUR evenly divided over 7 stocks (€1428 each) and does not take into account transaction or holding costs nor does it count dividends. Five stocks are bought in USD and two in EUR. For this mid-year review, currency changes are not taken into account.

As mentioned in the last report, 2 of the stocks of 2016 remained in the basket. These are IBM and Take-Two Interactive. Please read the 2016 report to get a full grasp of why I bought these. My third pick for 2017 is Bank Of America. This large financial institution is very sensitive to rising interest rates in the US. It has posted good results, yet the market return is not satisfactory. FireEye, the forth member of the team, is a beaten down cybersecurity stock. The final individual stock is a Portuguese company: Corticeira Amorim, the largest cork producer in the world. Two funds have been added to this basket of stocks: Fidelity Funds India (EUR) and Blackrock World Gold (USD).

Please refer to the report of May 5th to compare the numbers.

Basket17 performance


The returns do not include dividends or currency changes. Data has been taken from Yahoo Finance and the official NASDAQ website. However, this might slightly differ from Data provided by your broker or other websites such as f.e. Google Finance, but is in no way manipulated for results to look better or worse.

Outperforming the benchmarks

The return of each individual security on 16th of September 2017 has been benchmarked to the S&P Index, Eurostoxx600 and the MSCI World Index. The bar on the far right, “Basket17”, is computed as an average of the seven stock returns. Until now, it has outperformed the markets by a factor of 2,24 for the S&P, 4,81 for the Eurostoxx600 and 6,17 for het MSCI world.

Securities overview

IBM and BlackRock Gold have doubled their losses relative to the previous report in May. Continued political tensions and a weaker dollar have strenghted gold prices, yet gold miners failed to profit from this evolution. Fidelity Fund India has stagnated since the previous update, but remains at double digit positive numbers. The Equifax hack showed us that cybersecurity has not been taken seriously enough by big corporations. New regulations soon to be introduced should bolster demand for cybersecurity services. US-based FireEye has been my pick since it was a much hated stock. Numbers are turning more positive and some great new personnel additions to the company have been completed. Gaming company Take-Two Interactive has now doubled since the start of the year and is nearing x3 since I first recommended it January 1st 2016. Finally, Corticeira Amorim has stagnated since the previous report, but did two take-overs in France to grow market share and take advantage of economies of scale. Bank Of America has made slight gains since the previous report.

Disclaimer

This article is intended to provide information to interested parties. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks or securities. This is not investment advice.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. I do, however, hold long positions in several securities found in this analysis.

Credentials

I finished my major Economic Sciences (globalisation) at Ghent University. After discovering Asia with a backpack, I worked at Deutsche Bank Belgium for 6 months. After finishing my Master in International Management and Strategy degree at the Vlerick Business School in Brussels, I am currently employed at a data-focused start-up in Brussels.

 

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