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
