Over the past several weeks, SMIF has been taking the time to bring the portfolio in line with the sector weightings agreed upon in the first classes of the semester. These trades, by sector, include:
- Telecom: Purchase of 199 shares of AT&T
- REIT: Sale of 112 shares of Boston Properties (BXP), Purchase of 242 shares of XLRE REIT ETF
- Materials: Sale of 23 Shares of Monsanto (MON), Purchase of 137 shares of XLB Materials ETF
- Consumer Discretionary: Sale of 300 shares of Brunswick Corp (BC), Purchase of 15 shares of Amazon (AMZN), Purchase of 612 shares of XLY Consumer Discretionary ETF
- Energy: Sale of 86 shares of Anadarko Petroleum (APC), Sale of 27 shares of Chevron (CVX)
- Consumer Staples: Sale of 268 shares of Kroger (KR), Purchase of 150 shares of Walmart (WMT), Purchase 275 shares of Coca-Cola (KO), Purchase of 100 shares of Pepsi (PEP)
- Industrials: Sale of 50 shares of XLI Industrial ETF, Purchase of 100 shares of IYT Transportation ETF
- Financials: Sale of 1040 shares of XLF Financial ETF
These transactions were made in attempts to reduce active risk in our portfolio wherever deemed appropriate. None of these transactions are viewed as a major bet on any single company; that will be saved for our individual stock pitches, coming soon.
With a few more sector analysts to present in the coming weeks, stay tuned for more transactions!