Click here for the Momentum Ranking of week 20.
This week’s transactions:
-
Sold:
- AMAT
- PNFP
- EWBC
- BKE
- TRIP
- RCII (no longer in top 20%)
-
Bought:
- AYI (Acuity Brands Inc (S&P 400))
- STLD (Steel Dynamics Inc (S&P 400))
- CCS (Century Communities, Inc. (Barrons 400))
- SNX (Synnex Corp (S&P 400))
- CMC (Commercial Metals Company (S&P 400))
Index Distribution:
The S&P 400 still has the highest weight in the portfolio:
Current portfolio allocation: The Financial sector now has the largest share in the portfolio:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| NAVI | Navient Corporation | S&P 400 | Financial Services | 3.14B | -0.018 | 0.041 |
| SNX | SYNNEX Corporation | S&P 400 | Technology | 6.29B | -0.038 | 0.039 |
| FIX | Comfort Systems USA, Inc. | Barrons 400 | Industrials | 2.98B | -0.062 | 0.038 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.037 |
| SFBS | ServisFirst Bancshares, Inc. | Barrons 400 | Financial Services | 3.7B | -0.008 | 0.036 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.3B | -0.046 | 0.035 |
| NWSA | News Corporation | S&P 500 | Consumer Cyclical | 15.57B | -0.038 | 0.035 |
| AYI | Acuity Brands, Inc. | S&P 400 | Technology | 6.41B | -0.069 | 0.034 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 12.87B | -0.041 | 0.033 |
| AMG | Affiliated Managers Group, Inc. | S&P 400 | Financial Services | 6.68B | -0.091 | 0.032 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 6.05B | -0.028 | 0.031 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 8.73B | -0.007 | 0.03 |
| STLD | Steel Dynamics, Inc. | S&P 400 | Basic Materials | 13.37B | -0.026 | 0.03 |
| PACW | PacWest Bancorp | S&P 400 | Financial Services | 5.5B | -0.008 | 0.03 |
| CMC | Commercial Metals Company | S&P 400 | Basic Materials | 3.94B | -0.017 | 0.029 |
| LB | L Brands, Inc. | S&P 500 | Consumer Cyclical | 19.6B | -0.021 | 0.028 |
| WAL | Western Alliance Bancorporation | Barrons 400 | Financial Services | 10.56B | -0.053 | 0.028 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.77B | -0.003 | 0.027 |
| GPS | The Gap, Inc. | S&P 500 | Consumer Cyclical | 13.34B | -0.034 | 0.027 |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 13.16B | -0.046 | 0.026 |
| SBNY | Signature Bank | S&P 400 | Financial Services | 14.48B | -0.053 | 0.025 |
| MOS | The Mosaic Company | S&P 500 | Basic Materials | 14.33B | -0.031 | 0.025 |
| LGIH | LGI Homes, Inc. | Barrons 400 | Consumer Cyclical | 4.22B | -0.09 | 0.024 |
| TBBK | The Bancorp, Inc. | Barrons 400 | Financial Services | 1.42B | -0.02 | 0.024 |
| NUE | Nucor Corporation | S&P 500 | Basic Materials | 31.36B | -0.015 | 0.023 |
| CCS | Century Communities, Inc. | Barrons 400 | Consumer Cyclical | 2.53B | -0.053 | 0.022 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.32B | -0.018 | 0.022 |
| LPX | Louisiana-Pacific Corporation | S&P 400 | Basic Materials | 6.68B | -0.154 | 0.021 |
| ATKR | Atkore Inc. | Barrons 400 | Industrials | 3.76B | -0.087 | 0.019 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 7.6B | -0.007 | 0.018 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 7.43B | -0.015 | 0.018 |
| KSS | Kohl’s Corporation | S&P 400 | Consumer Cyclical | 9.91B | -0.011 | 0.017 |
| CAR | Avis Budget Group, Inc. | S&P 400 | Industrials | 6.16B | -0.025 | 0.017 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 18B | -0.009 | 0.016 |
| ADS | Alliance Data Systems Corporation | S&P 400 | Financial Services | 6.06B | -0.046 | 0.016 |
| MRO | Marathon Oil Corporation | S&P 500 | Energy | 9.49B | -0.078 | 0.014 |
| FANG | Diamondback Energy, Inc. | S&P 500 | Energy | 14.38B | -0.095 | 0.013 |
| WSM | Williams-Sonoma, Inc. | S&P 400 | Consumer Cyclical | 12.85B | -0.12 | 0.012 |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 6.92B | -0.148 | 0.007 |
As always, more trades next week!