Sunday, August 04, 2019

July 2019 Performance

Really didn’t do a thing in July as I saw no compelling opportunities. Just continued to ride my long positions and managed to squeak out a small gain. I continue to sit tight with some cash on the sidelines. In the past, I have been aggressive in the merger arb space, but I am treading more cautiously now. I’ve been in a risk off mode for a while. I know it’s boring not executing any trades. Just waiting for a good risk / reward opportunity to eventually show up.

Current portfolio weighting:

Apple 17.9%

Alibaba 4.4%
Mastercard 7.7%
Qiagen 4.9%
Sanofi 1.5%
Constellation Brands 22.6%
Visa 24.8%
Cash 16%

2019 Performance = +27.28% with the running monthly returns as follows:

January +7.4%

February +3.7%
March +5.06%
April +7.15%
May -7.90%
June +8.2%
July +1.88%


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