February Rebalancing

Market Signal: Green

It’s the first week of February and this means it’s time for another rebalancing. There were quite a few trades to do this week.

Disclaimer

First things first, here is the latest ranking for week 5 of 2021!

Ranking

This week’s transactions:

  • Sold:

    • AVNT (no longer in top 20%)

  • Rebalancing (reduced):

    • DFS
    • MYRG
    • AEO
    • AXON
    • CROX
    • DAR
    • EVR
    • GM
    • GTLS
    • MU
    • PNFP
    • SLM

  • New Buys:

    • FCX (Freeport-Mcmoran Inc (S&P 500))
    • ADNT (Adient Plc (S&P 400))
    • APA (Apache Corp (S&P 500))
    • DISCA (Discovery Comm A (S&P 500))
    • NCR (NCR Corp (S&P 400))
    • BKR (Baker Hughes A Ge CO Cl A (S&P 500))
    • ARWR (Arrowhead Pharma (S&P 400))
    • OZK (Bank Ozk (S&P 400))

The S&P 400 still has the biggest share in the portfolio:

pie title Index Distribution "S&P 400":44.22 "S&P 500":31.87 "Barrons 400":19.75 "Cash":4.16

Current portfolio (@finviz):

Symbol Name Index Sector MC Dist to 52w High pct
cash Cash Cash Cash – 0.0% 4.2%
R Ryder System, Inc. S&P 400 Industrials 3.46B -9.2% 3.4%
IVZ Invesco Ltd. S&P 500 Financial Services 9.94B -3.2% 3.2%
EVR Evercore Inc. S&P 400 Financial Services 4.68B -7.1% 3.2%
MAT Mattel, Inc. S&P 400 Consumer Cyclical 6.4B -5.9% 3.1%
UAA Under Armour, Inc. S&P 500 Consumer Cyclical 7.87B -15.0% 3.0%
PNFP Pinnacle Financial Partners, Inc. S&P 400 Financial Services 5.32B -7.3% 3.0%
ATKR Atkore International Group Inc. Barrons 400 Industrials 2.55B -16.0% 2.9%
TBBK The Bancorp, Inc. Barrons 400 Financial Services 1.05B -6.9% 2.8%
MTZ MasTec, Inc. S&P 400 Industrials 6.07B -3.9% 2.8%
SLM SLM Corporation S&P 400 Financial Services 5.55B -7.4% 2.8%
OZK Bank OZK S&P 400 Financial Services 4.87B -5.0% 2.8%
VC Visteon Corporation S&P 400 Consumer Cyclical 3.81B -9.1% 2.8%
TPR Tapestry, Inc. S&P 500 Consumer Cyclical 9.31B -10.2% 2.8%
OMF OneMain Holdings, Inc. Barrons 400 Financial Services 6.81B -13.5% 2.7%
SIVB SVB Financial Group S&P 500 Financial Services 24.38B -8.3% 2.7%
ALRM Alarm.com Holdings, Inc. Barrons 400 Technology 4.74B -12.1% 2.7%
MU Micron Technology, Inc. S&P 500 Technology 90.41B -7.8% 2.6%
BYD Boyd Gaming Corporation S&P 400 Consumer Cyclical 5.3B -9.2% 2.5%
GE General Electric Company S&P 500 Industrials 98.24B -19.0% 2.5%
GM General Motors Company S&P 500 Consumer Cyclical 75.17B -9.6% 2.5%
DAR Darling Ingredients Inc. S&P 400 Consumer Defensive 10.94B -5.9% 2.3%
OLN Olin Corporation S&P 400 Basic Materials 4.19B -7.3% 2.3%
AEO American Eagle Outfitters, Inc. S&P 400 Consumer Cyclical 3.9B -11.2% 2.3%
AXON Axon Enterprise, Inc. S&P 400 Industrials 10.59B -8.0% 2.3%
BKR Baker Hughes Company S&P 500 Energy 21.15B -15.5% 2.3%
TEX Terex Corporation S&P 400 Industrials 2.52B -8.0% 2.3%
CROX Crocs, Inc. Barrons 400 Consumer Cyclical 5.1B -7.5% 2.2%
DISCA Discovery, Inc. S&P 500 Consumer Cyclical 17.57B -15.7% 2.2%
ADNT Adient plc S&P 400 Consumer Cyclical 3.27B -11.7% 2.1%
CREE Cree, Inc. S&P 400 Technology 12.75B -9.8% 2.0%
ARWR Arrowhead Pharmaceuticals, Inc. S&P 400 Healthcare 8.38B -8.1% 2.0%
GTLS Chart Industries, Inc. Barrons 400 Industrial Goods 4.97B -11.1% 1.9%
FCX Freeport-McMoRan Inc. S&P 500 Basic Materials 40.68B -13.1% 1.8%
ENPH Enphase Energy, Inc. S&P 500 Technology 24.54B -16.2% 1.7%
TSLA Tesla, Inc. S&P 500 Consumer Cyclical 833.74B -6.7% 1.7%
APPS Digital Turbine, Inc. Barrons 400 Technology 5.61B -15.1% 1.7%
DFS Discover Financial Services S&P 500 Financial Services 26.23B -18.6% 1.5%
MYRG MYR Group Inc. Barrons 400 Industrials 985.66M -16.6% 1.4%
APA Apache Corporation S&P 500 Energy 5.98B -48.6% 1.4%
XPEL XPEL, Inc. Barrons 400 Consumer Cyclical 1.48B -19.0% 1.4%

Current portfolio allocation:

pie title Sector Distribution "Consumer Cyclical":28.53 "Financial Services":24.7 "Industrials":17.73 "Technology":10.75 "Basic Materials":4.17 "Cash":4.16 "Energy":3.7 "Consumer Defensive":2.32 "Healthcare":2.05 "Industrial Goods":1.89

As always, more trades next week!

CW05  2021