Model Portfolio

US-Large Portfolio Transactions – June 2018

By June 8, 2018 No Comments

Buys:

 

1) Verizon Communications (VZ) – SPScore. We purchased VZ to replace TMUS in the telecommunications sector.

2) J.M. Smucker (SJM) – Market Trend. Increase in the consumer staples sector as seen in the Top 100 index therefore we increased our position in the portfolio.

3) Western Digital (WDC) – Market Trend. Increase in the information technology sector as seen in the Top 100 index, we increased our position in the portfolio.

4) DTE Energy (DTE) – Market Trend. Increase in the utilities sector. We added a position in the portfolio.

5) Westlake Chemical (WLK) – Unique case. We replaced LYB with WLK because we cannot keep LYB both in the US and ADR portfolio.

 Sells:

1) T-Mobile US (TMUS) – SPscore. We sold TMUS because according to our fundamental data, VZ is a better stock to own in the portfolio.

2) Darden Restaurants (DRI) – Market Trend.  We decreased the number of holdings in the consumer discretionary sector following index allocation.

3) TJX Companies (TJX)– Market Trend. Reduction in the discretionary sector. We decreased our positions in the portfolio.

4) Spectra Energy Partners (SEP) – Market Trend. Decreased exposure in the energy sector. We reduced our positions in the portfolio.

5) LyondellBasell Industries (LYB) – Unique case. We replaced LYB with WLK because we cannot keep LYB both in the US and ADR portfolio.

You can find the transactions on Inovestor For Advisors, under the section Model Portfolios – StockPointer US.

 

The Inovestor Team