Mid Feb Portfolio Adjustments

February 17, 2021 - 1:31 pm

Year to date this portfolio is up 21% vs the S&P up 6%, and we've been happy with the performance despive QCOM lagging.  The rest of the positions are in the green, so we're taking some profits and adding a few new positions. We're making 5 position changes in the Long only portfolio today as follows:

- Sell BE at $33.17 for a gain of 13.8%
- Sell PLUG at $56.20 for a gain of 62%
- Buy Cheesecake Factory (CAKE) at $48.05 for a 12% allocation with 312 shares.
- Buy Volkswagen (VWAGY) at $21.89 for a 17% allocation with 913 shares.
- Buy Avis Budget Group (CAR) at $41.84 for a 6% allocation with 179 shares.

The new portfolio looks as follows:

Total Invested	$100,000.00
Current Value	$121,310.42
Gain/Loss	21.31%
Position	Weight	Entry Date	Shares	Entry Price	Current Price	Position Cost	Position Value	Gain/Loss %
CASH	0.2%					$299.66	$299.66
DKNG	5%	1/1/2021	106	$47.00	$58.86	$4,982.00	$6,239.16	25.2%
MSFT	13%	1/1/2021	67	$222.53	$244.20	$14,909.51	$16,361.40	9.7%
PENN	11%	1/1/2021	117	$85.26	$117.60	$9,975.42	$13,759.20	37.9%
MRNA	14%	1/1/2021	93	$107.23	$176.76	$9,972.39	$16,438.68	64.8%
JWN	9%	1/1/2021	319	$31.32	$36.05	$9,991.08	$11,499.95	15.1%
CAKE	12%	2/17/2021	312	$48.05	$47.33	$14,991.60	$14,766.96	-1.5%
VWAGY	17%	2/17/2021	913	$21.89	$22.01	$19,985.57	$20,095.13	0.5%
QCOM	12%	1/1/2021	98	$153.01	$144.75	$14,994.98	$14,185.50	-5.4%
CAR	6%	2/17/2021	179	$41.84	$42.82	$7,489.36	$7,664.78	2.3%
TOTAL	100%					$107,591.57	$121,310.42	21.31%
							Portfolio Beta
						S&P Year to Date Return		6.40%
						Dow Year to Date Return		4.77%
						Nasdaq Year to Date Return		7.96%