The Momentum portfolio gained 6.8% in October.
There were three sells and one buy in this week. Click here for the Momentum Ranking of week 44.
This week’s transactions:
-
Sold:
- CMG
- MSCI
- WST (no longer in top 20%)
-
Bought:
- TBK (Triumph Bancorp, Inc. (Barrons 400))
Index Distribution:
The S&P 500 still has the highest weight in the portfolio:
Current portfolio allocation: Tech and industrials are the biggest sectors at the moment:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| TNET | TriNet Group, Inc. | Barrons 400 | Industrials | 6.74B | -0.012 | 0.054 |
| AON | Aon plc | S&P 500 | Financial Services | 67.23B | -0.06 | 0.051 |
| INTU | Intuit Inc. | S&P 500 | Technology | 168.65B | -0.034 | 0.049 |
| PAYC | Paycom Software, Inc. | S&P 500 | Technology | 33.52B | -0.022 | 0.048 |
| NSP | Insperity, Inc. | S&P 400 | Industrials | 4.8B | -0.001 | 0.047 |
| IT | Gartner, Inc. | S&P 500 | Technology | 27.8B | -0.11 | 0.047 |
| TTEK | Tetra Tech, Inc. | S&P 400 | Industrials | 9.69B | -0.022 | 0.044 |
| EPAM | EPAM Systems, Inc. | Barrons 400 | Technology | 38.14B | -0.023 | 0.042 |
| CDAY | Ceridian HCM Holding Inc. | S&P 500 | Technology | 19.42B | -0.026 | 0.041 |
| TBK | Triumph Bancorp, Inc. | Barrons 400 | Financial Services | 3.06B | -0.018 | 0.039 |
| PCTY | Paylocity Holding Corporation | S&P 400 | Technology | 16.74B | -0.011 | 0.037 |
| DXCM | DexCom, Inc. | S&P 500 | Healthcare | 61.68B | -0.018 | 0.035 |
| TNDM | Tandem Diabetes Care, Inc. | S&P 400 | Healthcare | 8.74B | -0.014 | 0.035 |
| MCB | Metropolitan Bank Holding Corp. | Barrons 400 | Financial Services | 993.21M | -0.046 | 0.034 |
| MPWR | Monolithic Power Systems, Inc. | S&P 500 | Technology | 24.39B | -0.04 | 0.034 |
| FTNT | Fortinet, Inc. | S&P 500 | Technology | 53.33B | -0.061 | 0.034 |
| MATX | Matson, Inc. | Barrons 400 | Industrials | 3.6B | -0.082 | 0.033 |
| RGEN | Repligen Corporation | S&P 400 | Healthcare | 16.73B | -0.07 | 0.032 |
| ALB | Albemarle Corporation | S&P 500 | Basic Materials | 30.25B | -0.016 | 0.031 |
| WIRE | Encore Wire Corporation | Barrons 400 | Technology | 2.88B | -0.015 | 0.03 |
| CLFD | Clearfield, Inc. | Barrons 400 | Technology | 812.11M | -0.022 | 0.028 |
| BLDR | Builders FirstSource, Inc. | S&P 400 | Industrials | 12.11B | -0.033 | 0.027 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.027 |
| DKS | DICK’S Sporting Goods, Inc. | S&P 400 | Consumer Cyclical | 10.98B | -0.18 | 0.025 |
| GXO | GXO Logistics, Inc. | S&P 400 | Industrials | 10.84B | -0.052 | 0.025 |
| NOW | ServiceNow, Inc. | S&P 500 | Technology | 136.2B | -0.032 | 0.022 |
| INVA | Innoviva, Inc. | Barrons 400 | Healthcare | 1.24B | -0.026 | 0.018 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 8.38B | -0.028 | 0.018 |
| NVDA | NVIDIA Corporation | S&P 500 | Technology | 656.99B | -0.032 | 0.012 |
As always, more trades next week!