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StockPointer® US and ADR Model Portfolio Transactions – June 2020

We have rebalanced the Stockpointer® US and ADR model portfolios which are effective now. Here are the details for the US portfolio :

Ins:

  1. United Therapeutics Corporation (UTHR) – Market Trend. Increase in the Healthcare sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
  2. AT&T Inc. (T) – Market Trend. Increase in the Telecommucations sector.
  3. Federated Investors (FHI) – Intra-sectoral transaction. In the top of its sector.


Outs:

  1. Constellation Brands, Inc. Class A (STZ) – Both a Market Trend and an intra-sectoral transaction. Decrease in the consumer staples sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio. The company’s EPI also fell below 1.
  2. Employers Holdings, Inc. (EIG) – Both a market trend and an intra-sectoral transaction. Decrease in the Financial sector and no longer in the top of its sector.
  3. South State Corp (SSB) – Intra-sectoral transaction. No longer in the top of its sector. This company was in our portfolio following the merger with CenterState Bank Corportation (CSFL).

 

Here are the details for the ADR portfolio:

Ins:

  1. Swedish Orphan Biovitrum AB (BIOVF) – Market Trend. Increase in the Healthcare sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
  2. Globe Telecom Inc. (GTMEF) – Market Trend. Increase in the Telecommucations sector.
  3. Ford Otomotiv San (FOVSY) – Intra-sectoral transaction. In the top of its sector.
  4. Daito Trust Construction (DITTF) – Intra-sectoral transaction. In the top of its sector.
  5. Wipro Technologies (WIT) – Intra-sectoral transaction. In the top of its sector.
  6. China Resources Cement (CARCY) – Intra-sectoral transaction. In the top of its sector.

 

Outs:

  1.  Trane Technologies (TT) – Market Trend. Decrease in the industrial sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
  2. Fomento Económico Mexicano (FMX) – Market Trend. Decrease in the Industrial sector.
  3. Megacable Holdings (MHSDF) – Intra-sectoral transaction. No longer in the top of its sector.
  4. DBS Group Holdings (DBSDF) Intra-sectoral transaction. No longer in the top of its sector.
  5. Garmin (GRMN) – We decided to exclude this stock because it is not an ADR and we think this is a good timing to do it.
  6. LyondellBasell (LYB) – We decided to exclude this stock because it is not an ADR and we think this is a good timing to do it.

StockPointer® US and ADR Model Portfolio Transactions – April 2020

We have rebalanced the Stockpointer® US and ADR model portfolios which are effective now. Here are the details for the US portfolio :

Ins:

  1. American Express (AXP)– Market Trend. Increase in the Financial sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
  2. LyondellBasell (LYB)– Market Trend. Increase in the Material sector
  3. Starbucks (SBUX)– Intra-sectoral transaction. In the top of its sector.
  4. Home Depot (HD) – Intra-sectoral transaction. In the top of its sector.
  5. Cabot Oil & Gas (COG) – Intra-sectoral transaction. In the top of its sector.
    6. Centerstate Bank Corp (CSFL) – Intra-sectoral transaction. In the top of its sector.
    7. TransDigm Group (TDG) – Intra-sectoral transaction. In the top of its sector.
    8. Newmont Mining (NEM) – Intra-sectoral transaction. In the top of its sector.


Outs:

  1. Bristol-Myers Squibb Co. (BMY)– Market Trend. Decrease in the Healthcare sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
  2. DTE Energy (DTE)– Market Trend. Decrease in the Utilities sector
  3. Six Flags (SIX)– Intra-sectoral transaction. The company was in potential financial distress.
  4. H&R Block (HRB) – Intra-sectoral transaction. No longer in the top of its sector.
  5. GeoPark Ltd. (GPRK) – Intra-sectoral transaction. No longer in the top of its sector.
  6. Medical Properties Trust Inc. (MPW) – Intra-sectoral transaction. No longer in the top of its sector.
  7. Alaska Air Group Inc. (ALK) – Intra-sectoral transaction. No longer in the top of its sector.
  8. Westlake Chemical Corporation (WLK) – Intra-sectoral transaction. No longer in the top of its sector.

 

Here are the details for the ADR portfolio :

 

Ins:

  1. Anhui Conch Cement(AHCHF)– Market Trend. Increase in the Materials sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
  2. DBS Group Holdings (DBSDF)– Market Trend. Increase in the Financial sector
  3. Telenet Group Holding (TLGHY)– Intra-sectoral transaction. In the top of its sector.
  4. Husqvarna AB (HUSQF) – Intra-sectoral transaction. In the top of its sector.
  5. Neste OYJ (NTOIF) – Intra-sectoral transaction. In the top of its sector.
  6. Ping An Insurance (Group) Co. Of China (PIAIF) – Intra-sectoral transaction. In the top of its sector.
  7. Ashtead Group (ASHTF) – Intra-sectoral transaction. In the top of its sector.
  8. Shionogi & Co (SGIOF) – Intra-sectoral transaction. In the top of its sector.
  9. Nexon (NEXOF) – Intra-sectoral transaction. In the top of its sector.


Outs:

  1. Brookfield Infrastructure Partners L.P. (BIP)– Market Trend. Decrease in the Utilities sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
  2. Brookfield Infrastructure Corporation (BIPC)– Market Trend. Decrease in the Utilities sector. This company was in our portfolio following a unit split equivalence from Brookfield Infrastructure Partners L.P (BIP).
  3. Enersis (Enel Américas) (ENIA)– Market Trend. Decrease in the Utilities sector
  4. Arcos Dorados Holdings (ARCO) – Intra-sectoral transaction. No longer in the top of its sector.
  5. Michael Kors (Capri Holdings) (CPRI) – Intra-sectoral transaction. No longer in the top of its sector.
  6. Transportadora (TGS) – Intra-sectoral transaction. No longer in the top of its sector.
  7. Bank of N.T Butterfield & Son Limited (NTB) – Intra-sectoral transaction. No longer in the top of its sector.
  8. Banco Santander Brasil (BSBR) – Intra-sectoral transaction. No longer in the top of its sector.
  9. Taro Pharmaceuticals (TARO) – Intra-sectoral transaction. No longer in the top of its sector.
  10. NXPI Semicondutors N.V (NXPI) – Intra-sectoral transaction. No longer in the top of its sector.

StockPointer® US and ADR Equities Model Portfolio Transactions – September 2019

StockPointer® US and ADR Equities Model Portfolio Transactions – September 2019

We have rebalanced the Nasdaq Inovestor Global Index based on our US and ADR Model Portfolios, which will be effective on September 20th after market close. Here are the details for the US Model Portfolio:

Ins:

1. Bristol-Myers Squibb Co. (BMY) – Market Trend. Increase in the Healthcare sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.

2. Lamb Weston Holdings Inc. (LW) – Intra-sectoral transaction.

3. Progressive Corp (Ohio) (PGR) – Intra-sectoral transaction.

Outs:

1. Sally Beauty Holdings Inc. (SBH)– Market Trend. Decrease in the Consumer Discretionary sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.

2. Kroger Co. (KR) – Not in the top performers of its sector.

3. Blackstone Group Inc. (BX) – Not in the top performers of its sector.

Here are the details for the International Model Portfolio:

Ins:

1. Brookfield Infrastructure Partners L.P. (BIP) – Market Trend. Increase in the Utilities sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.

Outs:

1. Unilever PLC (UL) – Market Trend. Decrease in the Consumer Staples sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.

StockPointer® US and ADR Equities Model Portfolio Transactions – June 2019

We have rebalanced the Nasdaq Inovestor Global Index based on our US and ADR Model Portfolios, which will be effective on June 21st after market close. Here are the details for the US Model Portfolio:

Ins:

  1. Employers HOLDINGS INC (EIG) – Market Trend. Increase in Financials sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  2. ABBVIE INC (ABBV) – Market Trend. Increase in Healthcare sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  3. EVERCORE INC (EVR) – Intra Sectorial transaction.
  4. CREDIT ACCEPTANCE CORPORATION (CACC) – Intra Sectorial transaction.
  5. PRICE T ROWE GROUPs (TROW) – Intra Sectorial transaction.
  6. TRANSDIGM GROUP INC (TDG) – Intra Sectorial transaction.
  7. GEOPARK LTD (GPRK) – Intra Sectorial transaction.

Outs:

  1. MICRON TECHNOLOGY INC (MU) – Market Trend. Decrease in IT sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  2. VECTOR GROUP LTD (VGR) – Market Trend. Decrease in Consumer Staples sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  3. VALERO ENERGY CORPORATION (VLO) – EPI. EPI fell below 1.
  4. CIGNA CORPORATION (CI) – SP Score. No longer within SP score range and not in the top 20 of its sector.
  5. PRINCIPAL FINANCIAL GROUP (PFG) – SP Score. No longer within SP score range and not in the top 20 of its sector.
  6. ALLSTATE CORPORATE (ALL) – SP Score. No longer within SP score range and not in the top 20 of its sector.
  7. THE CHEMOURS COMPANY LLC (CC) – SP Score. No longer within SP score range and not in the top 20 of its sector.

 

Here are the details for the International Model Portfolio:

Ins:

  1. BANCO SANTANDER MEXICO SA (BSMX) – Market Trend. Increase in Financials sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  2. JAZZ PHARMACEUTICALS PLC (JAZZ) – Market Trend. Increase in Healthcare sector as seen in the Top 100 index therefore increasing our position in the portfolio.

Outs:

  1. TAIWAN SEMICONDUCTOR MANUFACTURING (TSM) – Market Trend. Decrease in IT sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  2. NIELSEN HOLDINGS PLC (NLSN) – Market Trend. Decrease in Consumer Discretionary sector as seen in the Top 100 index therefore decreasing our position in the portfolio.

StockPointer® US and ADR Equities Model Portfolio Transactions – March 2019

We have rebalanced the Nasdaq Inovestor Global Index based on our US and ADR Model Portfolios, which will be effective on March 22nd after market close. Here are the details for the US Model Portfolio:

Ins:

  1. THOR INDUSTRIES (THO) – Market Trend. Increase in Consumer Discretionary sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  2. MICRON TECHNOLOGY INC (MU) – Market Trend. Increase in IT sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  3. THE CHEMOURS COMPANY LLC (CC) –  Intra Sectorial transaction.
  4. WALGREENS BOOTS ALLIANCE INC (WBA) – Intra Sectorial transaction.
  5. SALLY BEAUTY HOLDINGS INC (SBH) –  Intra Sectorial transaction.
  6. BLOCK(H & R) INC (HRB) – Intra Sectorial transaction.

Outs:

  1. UNITEDHEALTH GROUP INC (UNH) – Market Trend. Decrease in Financials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  2. US BANCORP (USB) – Market Trend. Decrease in Financials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  3. LOCKHEED MARTIN CORP (LMT) –  SP Score. No longer within SP score range and not in the top 20 of its sector.
  4. SMUCKER(J.M.)CO (SJM) – SP Score. No longer within SP score range and not in the top 20 of its sector.
  5. PENSKE AUTOMOTIVE GROUP INC (PAG) –  SP Score. No longer within SP score range and not in the top 20 of its sector.
  6. AUTOZONE INC (AZO) –  SP Score. No longer within SP score range and not in the top 20 of its sector.

 

Here are the details for the International Model Portfolio:

Ins:

  1. ARCOS DORADOS HOLDINGS INC (ARCO) – Market Trend. Increase in Consumer Discretionary sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  2. NXP SEMICONDUCTORS N V (NXPI) – Market Trend. Increase in IT sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  3. CIMPRESS N.V (CMPR) – Intra Sectorial transaction.

Outs:

  1. BANCO DE CHILE SPON ADS REP 200 ORD SHS (BCH) – Market Trend. Decrease in Financials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  2. ASSURED GUARANTY LTD (AGO) – Market Trend. Decrease in Financials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  3. TE CONNECTIVITY LTD (TEL) – EPI. EPI fell below 1.

StockPointer® US and ADR Equities Model Portfolio Transactions – December 2018

We have rebalanced the Nasdaq Inovestor Global Index based on our US and ADR Model Portfolios, which will be effective on December 21st after market close. Here are the details for the US Model Portfolio:

Ins:

  1. Six Flags Entertainment Corporation (SIX) – Market Trend. Increase in Consumer Discretionary sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  2. Blackstone Group L.P. (BX) – Market Trend. Increase in Finance sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  3. Skyworks Solutions, Inc. (SWKS) –  Intra Sectorial transaction. WDS fell sharply in performance and is replaced by Skyworks Solution.
  4. Penske Automotive Group, Inc. (PAG) – Intra Sectorial transaction. Penske replacing CBRL as CBRL in no longer within SP score range and not in the top 20 of its sector.

Outs:

  1. Eastman Chemical Company (EMN) – Market Trend. Decrease in Materials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  2. Clorox Company (CLX) – Market Trend. Decrease in Materials sector as seen in the Top 100 index therefore decreasing our position in the portfolio.
  3. Western Digital Corporation (WDC) –  SP Score. The company’s score fell sharply well below minimum level.
  4. Cracker Barrel Old Country Store, Inc.(CBRL) – SP Score. The company’s performance was stable, however many companies rose to better performance during the same period.

Here are the details for the International Model Portfolio:

Ins:

  1. Nielsen Holdings PLC (NLSN) – Market Trend. Increase in Consumer Discretionary sector as seen in the Top 100 index therefore increasing our position in the portfolio. There are talks to take the company private.
  2. Lazard Ltd Class A (LAZ) – Market Trend. Increase in Finance sector as seen in the Top 100 index therefore increasing our position in the portfolio.
  3. BBVA Banco Frances SA Sponsored ADR (BFR) – Market Trend. Increase in Finance sector as seen in the Top 100 index therefore increasing our position in the portfolio.

Outs:

  1. Ternium S.A. Sponsored ADR (TX) – Market Trend. Decrease in the Materials sector as seen in the Top 100 index.
  2. Industrias Bachoco SAB de CV Sponsored ADR Class B (IBA) – Market Trend. Decrease in Consumer Staples sector as seen in the Top 100 index.
  3. Allergan PLC (AGN) – Market Trend. Decrease in Healthcare sector as seen in the Top 100 index.

ADR-Large Portfolio Transactions – September 3rd 2018

We have rebalanced the Nasdaq Inovestor Global Index (Link on Nasdaq) based on our US and International Model Portfolios, which will be effective on Septemeber 21st after market close. On July 12th Vina Concha Y Toro was delisted  from the NYSE. Here are the transaction details for the ADR:

Buys:

 

1) Ternium S.A. Sponsored ADR (TX) – Market Trend. Increase in the Materials sector as seen in the Top 100 index therefore we increased our position in the portfolio.

2) Compania Cervecerias Unidas S.A. Sponsored ADR (CCU) – Market Trend. Increase in the Consumer Staplers sector as seen in the Top 100 index therefore we increased our position in the portfolio.

3) Diageo plc Sponsored ADR (DEO) – Stock replacement.  VCO was delisted on July 12th.

4) Allergan pcl (AGN) – Market Trend. Increase in the Health Care sector as seen in the Top 100 index, we increased our position in the portfolio.

 Sells:

1) Golar LNG Partners LP (GMLP) – Market Trend. Decrease in the industrials sector as seen in the Top 100 index.

2) Signet Jewelers Limited (SIG) – Market Trend.  We decreased the number of holdings in Consumer Discretionary sector following index allocation.

3) Infosys Limited Sponsored ADR (INFY) – Market Trend. Decrease in the Information Technology sector as seen in the Top 100 index.

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

 

The Inovestor Team

ADR Model Portfolio Transactions – June 2018

 

Buys:

 

1) Enel Americas (ENIA) – SPScore. We purchased ENIA to replace SBS in the utilities sector.

2) Vina Concha Y Toro (VCO) – Market Trend. Increase in the consumer staples sector. We added a position in the portfolio.

3) Garmin (GRMN) – Market Trend. Increase in the information technology sector. We added a position in the portfolio.

4) Credicorp (BAP) – Market Trend. Increase in the financials sector. We added a position in the portfolio.

5) TE Connectivity (TEL) – Unique Case. Increase in the industrials sector. We added a position in the portfolio.

Sells:

1) SABESP (SBS) – SPscore. We sold SBS because according to our fundamental data, ENIA is a better stock to own in the portfolio.

2) Autoliv (ALV) – Market Trend. Reduction in the consumer discretionary sector. We removed a position in the portfolio.

3) InterContinental Hotels (IHG)– Market Trend. Reduction in the discretionary sector. We removed a position in the portfolio.

4) Ecopetrol (EC) – Market Trend. Reduction in the energy sector. We removed a position in the portfolio.

5) Ternium (TX) – Market Trend. Reduction in the materials sector. We removed a position in the portfolio.

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

 

The Inovestor Team