Long Portfolio April 2022 Update
April 30, 2022 - 3:50 pmWe sold two positions this month QCOM and PENN, and ended the month leading the S&P's YTD return by roughly 7%. Losses in Nordstrom and Amazon are still on our books, and we're ok with Amazon, but will look for an opportunity to get out of JWN soon. The position in EPAM has performed very well in just 45 days up 25%, and considering this stock was over $725 before Russia invaded Ukraine, we have more room to grow in this position which is currently at $265.
We have about 38% in cash with over $56,000 sitting idle. Since this is a long only portfolio, we may buy an inverse ETF on a good bounce or rally for a short term trade, but in a high volatility environment we're ok with the higher than normal cash pile. Here is where we stand today.
| Total Invested |
$100,000 |
|
|
|
|
|
|
|
| Beg Year Balance |
$185,197 |
|
|
|
|
|
|
|
| Current Value |
$173,783 |
|
|
|
|
|
|
|
| YTD Return |
-6.16% |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Position |
Weight |
Entry Date |
Shares |
Entry
Price |
Current
Price |
Position Cost |
Position Value |
Gain/Loss % |
| CASH |
32.6% |
|
|
|
|
|
$56,636.39 |
|
| MSFT |
11% |
1/1/2021 |
67 |
$222.53 |
$277.52 |
$14,909.51 |
$18,593.84 |
24.7% |
| MRNA |
7% |
1/1/2021 |
93 |
$107.23 |
$134.41 |
$9,972.39 |
$12,500.13 |
25.3% |
| JWN |
5% |
1/1/2021 |
319 |
$31.32 |
$25.70 |
$9,991.08 |
$8,198.30 |
-17.9% |
| AMZN |
14% |
3/14/2022 |
10 |
$2,857.00 |
$2,485.60 |
$28,570.00 |
$24,856.40 |
-13.0% |
| EPAM |
30% |
3/14/2022 |
200 |
$212.00 |
$264.99 |
$42,400.00 |
$52,998.00 |
25.0% |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| TOTAL |
100% |
|
|
|
|
Total Value |
$173,783.10 |
|
| |
|
|
|
|
|
YTD Return |
($11,413.90) |
(6.16%) |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
S&P Year to Date Return |
(13.49%) |
| |
|
|
|
|
|
Dow Year to Date Return |
(9.40%) |
| |
|
|
|
|
|
Nasdaq Year to Date Return |
(21.92%) |