The Model Portfolio Quant Alpha’s was updated this morning. A new Add was made. Also, for the first time the Quant scores have triggered a Remove. All prices are as of 12/27/2023. A total of 21 stocks are in the Portfolio now.
This Portfolio uses Quant scores as the chief factor in adding and removing stocks. Other criteria is used to limit the scope of the stocks to be considered. The criteria is shown below.
- No Micro-Cap stocks.
- High liquidity.
- USA and Canada headquartered only stocks.
- Twice a month I will add to the Portfolio.
- I will not use subjective criteria for Stock selection.
- When a Remove signal is received, I will remove 100% of that stock, not a portion.
- I will not add any stocks that are Airlines, crypto related, BioTech or Mega Cap..
- You can expect that eventually 30 to 35 stocks will be in the Portfolio.
- The holding period is expected to range from 9 months to 2 years.
Add – LMB Limbach Holdings
Remove – YEXT Yext
Since the last update several weeks ago, this Portfolio has maintained its wide outperformance against the ETF benchmark, EQAL. The Portfolio continues to be up over 39% for 2023.
Standout performers in the Portfolio include SMCI up 170% since its addition on 4/14/23, POWL up 65% since its addition on 5/12/23 and ANF up 81% since its addition on 10/18/23.
Quant Alpha’s Portfolio details here
Model Portfolio Performance this year to 12-27-2023
| Small Cap Discoveries | 33.77% |
| IJR (Small Cap benchmark) | 16.35% |
| CANSLIM Growth | 37.06% |
| IJR (Small Cap benchmark) | 16.35% |
| Mid Cap Flyers | 21.80% |
| MDY (Mid Cap Benchmark) | 15.77% |
| Large Cap Stalwarts | 12.43% |
| RSP (Large Cap benchmark) | 11.90% |
| BI-Weekly Swings | 52.03% |
| BSMAX ( Russell Small/Mid-Cap Index Fund) | 16.83% |
| Quant Alpha’s | 39.55% |
| EQAL (Russell 1000 Equal Weight ETF) | 9.86% |
Backtests for the Five Model Portfolios
The Portfolio continues to outperform its benchmark BSMAX by a very wide margin. Over time, you can now see that some of the additions start to breakout on the upside. Stocks such as SMCI, POWL and ANF . In any portfolio you will have some losers such as YEXT. But a good Portfolio will have winners that more that offset the losers. One just has to have the patience to trust the process and give the stocks time to show their true strength. Some inexperienced or overly emotional investors might say in this situation, “It’s too late to get in now, it is up so much.” But this is a very short sighted outlook and causes one to miss out on future gains. It’s never too late to own high quality stocks. The Portfolio has had a rocky road this year. Starting in April 2023, the first month showed a loss when compared to the benchmark. But after April, the Portfolio showed it’s true overall strength and has steadily increased its outperformance over the benchmark. This is the last update for 2023. Happy holidays to everyone.
All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Disclaimer
Position Trader 
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