Review of Defensive Value Portfolio

This portfolio is made up of the 15 defensive stocks that are trading at the greatest discount to their intrinsic value.  During the first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Each week we will examine the portfolio’s performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of defensive stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham’s overall philosophy of calculating value with a margin of safety. 

There were no transactions this week. 

This portfolio underperformed the indexes this week, but has slightly outperformed them overall.

The snapshot:

Ticker

Total Cost

Current Value

% Gain/Loss

ASH $6,490.00 $6,264.00 -3.48%
BC $6,427.00 $6,914.25 7.58%
BL $6,479.20 $6,612.30 2.05%
DHI $6,527.35 $7,295.40 11.77%
KBH $6,474.00 $6,972.80 7.70%
LEN $6,463.95 $6,607.06 2.21%
LUK $6,505.40 $6,272.15 -3.59%
MCY $6,443.70 $6,448.00 0.07%
MDC $6,544.00 $6,724.50 2.76%
MNI $6,422.50 $5,898.00 -8.17%
NFB $6,524.20 $6,698.99 2.68%
PHM $6,508.00 $6,939.00 6.62%
RYL $6,435.60 $6,963.20 8.20%
SPF $6,522.25 $6,506.55 -0.24%
TMA $6,475.20 $6,935.60 7.11%
Cash   $3,315.00  
       
Total $100,000.00 $103,366.80 3.37%

Performance:

 

Last Week

This week

Change

Overall

S&P 1316.28 1311.31 -0.38% 3.11%
Dow 11527.39 11489.29 -0.33% 3.28%
Portfolio 104197.83 103366.80 -0.80% 3.37%

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.


Posted

in

by

Tags: