My Top Ten Holdings of August 2018

This is the fourth month of this little project I am building out. Here are some details of the top 10 holdings in my portfolio (by market value). This is not an investment recommendation…

As I’ve discussed, when on the Millionaires Unveiled Podcast I did last October, I have a large chunk of my net worth tied up in a concentrated number of holdings (you listened to it right). More specifically, my top 10 holdings makes up 44.72% of my net worth.

One question I was asked is “does it concern me to have so much equity tied up in a few positions?” My response was something to the effect of no, I feel I am diversified enough in my holdings that I don’t see a need to own hundreds of stocks like a mutual fund or ETF would hold.

The markets are a random walk. There have literally been test where monkeys throw darts at ticker symbols in a newspaper and can outperform an actual stockbroker.

Lets take a look at the top 10. You’ll see a few common themes. For the most part, there are no surprise holdings. Companies like MO, XOM, KO, JNJ are your basic holdings common in many large cap funds. While DE and CLX are pretty much also household names. These holdings provide stable and consistently growing dividend income for me to live off.

Some of my more “oddball” holdings that you’re probably scratching your head are WWE, CME, MPC and TTWO. These holdings didn’t ever initially start out as my largest holdings, they just kind of grew like crazy to get too that point. And ironically, these are some of my highest performers in my portfolio, and while not necessarily dividend growth investments (excluding MPC and CME), have provided crazy capital appreciation. WWE has continued it’s amazing run, growing 10.49.64% this month alone and increasingly becoming my largest holding. TTWO this month has increased 18.26%.

When looking at the sectors, the top 10 holdings are spread across consumer staples, consumer discretionary, energy, financials, and industrials. There is a lack of tech in my top 10, but some of those holdings are just outside the top 10 (MSFT at #11).

While I am not an active trader, or a passive index investor, my portfolio ties closely to benchmarks like the S&P500, but the differences from some of the more oddball holdings gives an opportunity for outperforming the benchmark. Sometimes it works for me, sometimes against. This month it definitely I lagged a bit when looking at my entire portfolio.

Since beginning this project 4 months ago, I’m noticing my top 10 holdings are accounting for well over half of my gains (in August, the top 10 accounted for 2/3rds of my gains). Throughout the years, I have been working on cleaning up my portfolio and either eliminating or growing my smaller positions (to make them worthwhile). I currently sit on 55 individual stocks and 1 ETF (SPY). Had my entire portfolio sat in just these 10 positions, I would have outperformed the markets easily the last 4 months. This is making me consider further reductions in my holdings and simplifying things further.

So what do you think. Was this what you expected to see from a million dollar portfolio? Would having that high of a concentration of a portfolio in a small number of holdings concern you? What other content would you like to see added to the spreadsheet?

Follow me on the social medias:

Readers Comments (33)

  1. Nice top 10 my top stock is less than your number 10 lol. My second one Aapl might overtake it soon.

  2. Wow, seems like WWE is really killing it. It has been on my holdings option for the past 6 months and it’s getting stronger by the day, don’t you think? But it still cannot beat my top 3, which I have stayed loyal to for years…

    • I’m thinking about selling. Basis is $12 per share. I have a hard time justifying these multiples. it’s valued almost the same as NFLX, with less growth on subscribers. Really, the network contracts is causing this and that is already priced in

      • I would suggest you to wait for a few months and see how it performs. The rate, I know, but it’s worth holding to, imo. Good luck!

  3. uzbw online doctor prescription for viagra kfvq dxwo

  4. tksq generic viagra online for sale gbos himd

  5. 30 mg cialis what happens ktmiclog cialis vs viagra

  6. cheap 10 mg tadalafil

  7. kamagra oral jelly

  8. buy tadalafil us: what is tadalafil

  9. generic pills for ed: prescription drugs online without doctor

  10. buy prescriptions from india pharmacy: online medications from india united pharmacy india

  11. Hi, here on the forum guys advised a cool Dating site, be sure to register – you will not REGRET it

  12. generic stromectol – ivermectin uk buy ivermectin buy uk

  13. how to buy vardenafil online – best price for vardenafil online vardenafil bestellen

  14. viagra online canadian pharmacy – sildenafil 50 mg online can you buy viagra mexico

  15. prednisone 10mg – order prednisone online cost 50mg prednisone tablets

  16. prednisone 20 mg tablet price – prednisone medication can you buy prednisone over the counter in usa

  17. canadian pharmacy viagra 50 mg – cialis daily cost generic cialis for sale

  18. female viagra online – sildenafil 100 mg uk 50 mg viagra

  19. doxycycline online usa – where can you get doxycycline doxycycline 5553

  20. Every weekend i used to pay a visit this web site, for the
    reason that i want enjoyment, for the reason that this this web site conations actually nice
    funny stuff too.

  21. buy vidalista 60 mg online 20%off – kamagra gold 100 usa and uk buy vidalista 20 mg online 20%off

  22. can i buy cialis online – generic for cialis lowest price cialis 20mg

  23. female viagra pharmacy – Usa pharmacy viagra viagra nz over the counter

Comments are closed.