Week 43 Major Position ChangesFund positions of 1.0% or greater can be found each week in the right margin of the blog, under the label cloud and recent comments areas; I highlight weekly the larger position changes.Being a long only fund, via
Marketocracy rules, the only hedges to the downside I have are cash or buying short
ETFs. I cannot short individual equities.
To see
historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'.
Cash: 31.9% (vs 22.8% last week)
50 long bias: 47.2% (vs 49.3% last week)
9 short bias: 20.9% (vs 27.9% last week)
59 positions (vs 61 last week)Additions:
N/ARemovals:
FTI Consulting (FCN), Consol Energy (CNX)
Top 10 positions = 28.2% of fund (vs 33.2% last week)
28 of the 59 positions are at least 1% of the fund's overall holdings (47%)
Major changes and weekly thoughtsMuch of the same this week as many in the past, and I believe many in the future. Continued deteriorating economic conditions but "not as bad as expected" so we continue to muddle along.
