Saturday, November 20, 2021

Week in review

I've made some good progress this week on a few various items. It's been important to see this as a journey and make incremental steps each week.

  • 39 of the 59 holdings are now in the DT Screener. 5 are rated Super Stars, 9 are Excellent, 6 are Fine, 16 are Okay and 3 are Poor.
    • Prior week 29 of the 62 holdings were in the screener, so this is an improvement.
    • The screener still needs tweaks adjusted for sectors. For example, Utilities sector generally ranks low relative to other sectors due to low value & quality scores. 
  • Technology, Financials and Consumer Cyclical have been rebalanced and will remain relatively unchanged unless I add positions.
  • Consumer Defensive, Healthcare will remain relatively unchanged.
  • Dividends have finally started arriving from the initial portfolio investment mid-October. This week we received $254.54!  
    • ABBV - $61.10
    • HAS - $36.72
    • ABT - $4.50
    • HRL - $6.13
    • ABT - $1.35
    • KMI - $87.21
    • O - $22.66
    • ZION - $22.04
    • ONL - $12.83
  • I opened up 4 options this week, 2 covered calls and 2 cash secured puts.  I will count these as options income/loss as received/closed. Any equities secured via cash secured puts will be listed at the strike price.
    • 11/19/2021 STOR 12/17/2021 32.50 P Sell to Open $78.69
    • 11/15/2021 LEG 12/17/2021 45.00 C Sell to Open $119.35
    • 11/15/2021 GLW 12/17/2021 39.00 C Sell to Open $99.35
    • 11/15/2021 MAIN 11/19/2021 50.00 P Sell to Open $409.35
  • Sold positions in the following:
    • BancFirst Corporation BANF
    • Bar Harbor Bankshares BHB
    • VanEck JP Morgan EM Local Currency Bond ETF EMLC
    • Goldman Sachs Group Inc GS
    • Hasbro, Inc. HAS
    • iShares Gold Trust IAU
    • Lincoln National Corporation LNC
    • ManpowerGroup Inc. MAN
    • Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF PDBC
    • SouthState Corp SSB
    • Store Capital Corp STOR
    • Zions Bancorporation NA ZION
  • Acquired positions in:
    • 3M Co MMM
    • BlackRock, Inc. BLK
    • Visa Inc V
    • Allstate Corp ALL
    • Intercontinental Exchange Inc ICE
    • Polaris Inc PII
    • Main Street Capital Corporation MAIN
    • Global X S&P 500 Covered Call ETF XYLD
  • Received spin-off shares of:
    • Orion Office REIT Inc ONL
  • Accumulated additional positions in: 
    • T Rowe Price Group Inc TROW
  • Increased the Average Yield on Cost to 3.13% from 2.97%.
  • Had two dividend increases:
    • Realty Income - O - Increased dividend by 4.2%, increasing annual income by $11.52.
    • Aflac - AFL - Increased dividend by 21%, increasing annual income by $18.20.
  • Another $1K contributed towards the portfolio.
Items to work on:
  • Take another look at Industrials, Communications and Materials. 
  • I need to spend some extra time understanding Utilities and Energy. I need to better understand the components of what makes a solid pick in these. 
  • Continue too tweak the screener for better representation of sector quality.
Overall some good progress this week. 

No comments:

Post a Comment