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International

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