Now that my grant application is done, I’ve time to start up my investing hobby again. I thought that I would start off just by summarizing the positions I’ve liquidated in my 2 week self-imposed cone of silence, the one position I added, and the current state of my portfolio.
My recent liquidations (% gain or loss in parentheses) are: CHUX (0%), HA (0%), FLL (+30%), URI (+90%), EME (+20%), DIT (+50%). I took advantage of the recent strength to do some profit taking and rotate into more defensive positions. CHUX is a chain of casual dining restaurants, and HA is Hawaiian Airlines, and both are obviously dependent on disposable income and more exposed to a downturn than I liked, so I decided to liquidate them near break-even. Of the rest of the liquidations, most pre-date the time when I started regularly blogging about all my positions, and I had only written up FLL, which is here if you would like to read it.
I have also initiated a new position, RSH, which will be the subject of a forth-coming write-up. My current portfolio is listed below, with gains/losses rounded to the nearest 5%. I have done write-ups on many of them, although there are still a few legacy positions. My cash position is way larger than I prefer it for now, so I would appreciate any ideas any of my readers have. As for me, it looks like a couple more weeks of analyzing annual reports until I have my cash position down to less than 10%.
| Stock | Weight | Gain/Loss |
|---|---|---|
| ETM | 4% | -5% |
| RLOG | 7% | 35% |
| LNET | 2% | -45% |
| CHMP | 4% | 5% |
| TSYS | 3% | -15% |
| TUC | 6% | 10% |
| ARRS | 7% | 30% |
| HRB | 8% | 10% |
| AHCI | 4% | -15% |
| MPG-PA | 5% | 15% |
| SMOD | 5% | 20% |
| RSH | 5% | 5% |
| Cash | 38% | 0% |
