Investment Portfolio – FEB 2021

March 6, 2021 0 By bullheadedbear

MONTHLY PERFORMANCE:
-0.6%

2021 FULL YEAR PERFORMANCE:
+3.1%

  • PURCHASES: None
  • SALES: None
  • DIVIDENDS: #T, #VOD, #AAPL, #TSCO

BEST PERFORMERS (+5%)

Reach Plc.: +24.2%
Barclays Plc.: +19.5%
Lloyds Banking Group Plc.: +18.2%
Banco Santander SA: +16.5%
Anglo American Plc.: +14.9%
Entain Plc.: +13.9%
Walt Disney Co.: +10.8%
Rio Tinto Plc.: +10.7%
Anglo Pacific Group Plc.: +9.2%
Royal Dutch Shell Plc.: +9.1%
Diversified Gas & Oil Plc.: +8.5%
Aviva Plc.: +8%
Intel Corp.: +7.7%
BP Plc.: +7.5%
NCC Group Plc.: +6.3%

WORST PERFORMERS (-5%)

Gfinity Plc.: -25.5%
Pan African Resources Plc.: -24.3%
Virgin Galactic Holdings Inc.: -17%
Nokia Corp.: -15.7%
GlaxoSmithKline Plc.: -12.2%
Unlever Plc.: -12%
Apple Inc.: -9.6%
Take-Two Interactive Software Inc.: -9.4%
Alibaba Group Holdings Ltd.: -7.9%
Tesco Plc.: -7.8%

SUMMARY:

Here we go!
For those of you that have read my portfolio reviews over the last year or so will know I have been expecting a big pull back that never seemed to happen. It looks like it might be happening now!

The beginning of this month started strong and on the 15th February the portfolio was up 4.7% for the month and 8.6% for the year. As you can see from the above headers I finished the month -0.6% and only +3.7% for the year.

There is a change in the market dynamics as vaccines rollouts ramp up and economies start the process of reopening. The bond market looks more attractive and so the money is moving from the “expensive” growth stocks back into the bond market and into value stocks. The much loved “stay at home” stocks seem to be falling out of favour all of a sudden as we get closer to opening back up.

This has resulted in tech especially getting a hammering towards the end of the month with even Apple being down almost 10% at one point. The price of Gold has also continued to decline which has dragged my gold miners down with it. Other metals such as Copper have been rising which has benefited the price of the other miners such as Anglo American and Rio Tinto. The financial sector has also done well, with the portfolios shares in Lloyds, Barclays and Santander getting a nice boost along with Aviva.

In last months updated I mentioned the my dividends for Jan 2021 vs Jan 2020 had declined. Every month in 2020 was higher than the same month in 2019 so it was disappointing to start the year lower. However I am pleased to say February made up for it with Feb 2021 dividends coming in 158% higher than Feb 2019. Some of this was due to payments dates moving slightly vs last year but also due to Tesco paying a special dividend of 50.93p on top of their standard dividend of 3.2p.

Even though it was a negative month there is a lot to be pleased with. The portfolio is diverse (probably a bit too diverse), which has helped balance the results. The dividends are back on track for a year on year growth and the market drop could could provide some good buying opportunities.

PURCHASES:

None!

SALES:

None!

BULL HEADED BEAR WATCHLIST

The watchlist is the same as last month with one price target change for Apple. I reviewed the financials and the models which increased the fair value calculation. You can see the video review below or recent post:

COMPANYTICKERPRICE TARGET 1PRICE TARGET 2PRICE TARGET 3
Activision Blizzard Inc.ATVI$81$75$68
Apple Inc.AAPL$115$10388
Amazon.com Inc.AMZN$2,000$1,700
Alphabet Inc.GOOG$1,400$1,300
Facebook Inc.FB$202$180$160
JD.com Inc.JD$68$61
International Business Machines Corp.IBM$125$119$115
Twitter Inc.TWTR$40$30$26
Electronic Arts Inc.EATBC

Due to sudden change in the markets and the potential opportunities I am trying to run more companies through the financial models. There have also been more earnings releases which could alter fair value targets. I will aim to post a revised list once I get through my plan. So keep an eye out or subscribe for email alerts.

Thanks for reading, see you next month!

Good Luck and Happy Investing