DY and GPS gapped down last week, so they had to be sold today. NVDA no longer made it to the top of the list. Read on for the latest rebalancing and the buys of this week.
Here is this week’s ranking
-
Sold:
- DY (gap down < -15%)
- GPS (gap down < -15%)
- NVDA (no longer in top 20%)
-
Rebalancing (reduced):
- APAM
- OMF
- GRBK
-
Bought:
- TEX (Terex Corp (S&P 400))
- AVNT (Avient Corp (S&P 400))
- IP (International Paper Company (S&P 500))
Now the S&P 400 accounts for about 45% of the portfolio:
pie title Index Distribution
"S&P 400":44.87
"S&P 500":40.49
"Barrons 400":13.79
"Cash":0.86
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| TGT | Target Corporation | S&P 500 | Consumer Defensive | 89.35B | -0.9% | 4.2% |
| DE | Deere & Company | S&P 500 | Industrials | 81.91B | -1.6% | 4.0% |
| CARR | Carrier Global Corporation | S&P 500 | Industrials | 33.47B | -8.2% | 3.6% |
| IAA | IAA, Inc. | S&P 400 | Industrials | 8.26B | -7.8% | 3.6% |
| IP | International Paper Company | S&P 500 | Consumer Cyclical | 19.69B | -4.8% | 3.4% |
| SLM | SLM Corporation | S&P 400 | Financial Services | 4.13B | -13.9% | 3.1% |
| PWR | Quanta Services, Inc. | S&P 500 | Industrials | 9.69B | -3.6% | 3.1% |
| GNRC | Generac Holdings Inc. | S&P 400 | Industrials | 13.41B | -8.1% | 3.1% |
| FCX | Freeport-McMoRan Inc. | S&P 500 | Basic Materials | 34.51B | -4.0% | 3.1% |
| GM | General Motors Company | S&P 500 | Consumer Cyclical | 64.88B | -6.1% | 3.0% |
| APAM | Artisan Partners Asset Management Inc. | Barrons 400 | Financial Services | 3.6B | -5.6% | 2.9% |
| R | Ryder System, Inc. | S&P 400 | Industrials | 3.27B | -3.2% | 2.9% |
| EVR | Evercore Inc. | S&P 400 | Financial Services | 3.77B | -3.9% | 2.9% |
| FDX | FedEx Corporation | S&P 500 | Industrials | 76.72B | -3.7% | 2.8% |
| WMS | Advanced Drainage Systems, Inc. | Barrons 400 | Industrials | 4.98B | -3.8% | 2.8% |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 7.95B | -6.8% | 2.8% |
| AVNT | Avient Corporation | S&P 400 | Basic Materials | 3.4B | -5.2% | 2.8% |
| DAR | Darling Ingredients Inc. | S&P 400 | Consumer Defensive | 7.82B | -3.1% | 2.8% |
| WRK | WestRock Company | S&P 500 | Consumer Cyclical | 11.37B | -7.4% | 2.7% |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 7.71B | -14.6% | 2.7% |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 2.95B | -5.1% | 2.6% |
| OMF | OneMain Holdings, Inc. | Barrons 400 | Financial Services | 5.39B | -20.3% | 2.5% |
| CROX | Crocs, Inc. | Barrons 400 | Consumer Cyclical | 4.01B | -7.6% | 2.5% |
| DFS | Discover Financial Services | S&P 500 | Financial Services | 24.65B | -12.9% | 2.5% |
| BLD | TopBuild Corp. | S&P 400 | Industrials | 5.65B | -9.2% | 2.5% |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 7.03B | -24.5% | 2.5% |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 4.29B | -5.4% | 2.4% |
| ADNT | Adient plc | S&P 400 | Consumer Cyclical | 3.07B | -7.3% | 2.3% |
| PCTY | Paylocity Holding Corporation | S&P 400 | Technology | 10.82B | -6.2% | 2.2% |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 3.48B | -7.5% | 2.2% |
| TEX | Terex Corporation | S&P 400 | Industrials | 2.17B | -7.4% | 2.2% |
| CZR | Caesars Entertainment, Inc. | S&P 400 | Consumer Cyclical | 14.06B | -9.1% | 2.1% |
| FSLR | First Solar, Inc. | S&P 400 | Technology | 9.67B | -5.1% | 1.9% |
| ENPH | Enphase Energy, Inc. | S&P 400 | Technology | 16.56B | -8.3% | 1.8% |
| GRBK | Green Brick Partners, Inc. | Barrons 400 | Consumer Cyclical | 1.08B | -13.1% | 1.7% |
| PENN | Penn National Gaming, Inc. | S&P 400 | Consumer Cyclical | 10.69B | -8.6% | 1.5% |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 674.15M | -26.4% | 1.4% |
| cash | Cash | Cash | Cash | – | 0.0% | 0.9% |
Current portfolio allocation:
pie title Sector Distribution
"Consumer Cyclical":30.89
"Industrials":30.72
"Financial Services":16.63
"Basic Materials":8.11
"Consumer Defensive":6.97
"Technology":5.82
"Cash":0.86