We have rebalanced the Stockpointer® US and ADR model portfolios which are effective now. Here are the details for the US portfolio :
Ins:
- Domino’s Pizza (DPZ) – Market Trend. Increase in the Consumer Discretionnary sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
- Cummins (CMI) – Intra-sectoral transaction. In the top of its sector.
- Medical Properties Trust, Inc. (MPW) – Intra-sectoral transaction. In the top of its sector.
- Western Union (WU) – Intra-sectoral transaction. In the top of its sector.
- Dunkin’ Brands (DNKN) – Intra-sectoral transaction. In the top of its sector.
- Constellation Brands, Inc. Class A (STZ) – Intra-sectoral transaction. In the top of its sector.
Outs:
- TransDigm Group (TDG) – Market Trend. Decrease in the industrial sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
- Expeditors International (EXPD) – Intra-sectoral transaction. No longer in the top of its sector
- Credit Acceptance (CACC) – Intra-sectoral transaction. No longer in the top of its sector.
- T. Rowe Price (TROW) – Intra-sectoral transaction. No longer in the top of its sector.
- Thor Industries, Inc. (THO) – Intra-sectoral transaction. No longer in the top of its sector.
- Lamb Weston (LW) – Intra-sectoral transaction. No longer in the top of its sector.
Here are the details for the ADR portfolio :
Ins:
- Megacable (MHSDF) – Market Trend. Increase in the Consumer Discretionary sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
- Banco Santander Brasil (BSBR) – Intra sectoral transaction. In the top of its sector.
Outs:
- Elbit Systems (ESLT) – Market Trend. Decrease in the industrial sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
- BBVA Argentina (BBAR) – Intra sectoral transaction. No longer in the top of its sector.