It has been a year since we started some of our model portfolios. Each model portfolio consists of the top 25 stocks top ranked with its criteria. How did the model portfolios do? What worked and what didn’t? What are we doing differently this year?
Performance Review
The Most Weighted Portfolio did best in 2006, gained more than 22% without including the dividends. This portfolio consists of the 25 stocks with the highest combined weightings. There is only 1 loser among the 25 stocks, which is Progressive Insurance (PGR). The top performers are Comcast ( CMCSK ) and Sears (SHLD). Comcast gained more than 60% in 2006, it is the top 1 holding of Glen Greenberg. It is also owned by 10 other Gurus. Wallace Weitz and Dodge & Cox reduced their holdings in Comcast during the third quarter of 2006. Sears gained more than 40% in 2006. It is the number 1 holding of Eddie Lampert , it is also held by 5 other Gurus. Charles du Vaulx sold out his holdings in Sears.
The Broadest Owned Portfolio did very well, too. It gained 15.8% in price only, outperforming S&P500 by more than 4%. This portfolio consists of stocks that have the highest number of owners among Gurus. The biggest gainer is again Comcast.
The Consensus Picks Portfolio, the Bargain Index Portfolio, and the ValueRank Index all underperformed the S&P 500. It is hard to outperform S&P500, isn’t it?
$18.83 (07/29/08)
