What 6 months it has been! My portfolio (public, copiable on eToro) has generated +31.17%. That is 5.2% a month on average with a risk-adjusted return (4/10). After 39.31% in 2020, my almost 2000 Copiers are certainly happy with the result. I certainly am. There were numerous good decisions and few home runs. 🚀
January has played the key role in the performance, generating over 20%, just in 1 month. We then proceeded to very strong February and reached ATHs. Pullback came there and we had 2 months in red, not dramatic but enough for many Copiers that joined after me being featured in Editor’s Choice by eToro to leave. May was strongly up, I clocked in another birthday and, finally, June has brought +6.35% with low risk, largely outperforming again. 💎
As in all summaries I write, let us look at the biggest contributors to this big H1 2021:
🔹️ $ASXC brought 407.2% year-to-date winning the Pole Position. We were able to close big part of the position at 6.52 which is double the current price for Ascensus Surgical, making +1555,50%. This was an absolute homerun, and, in January, it led the portfolio together with no2.
🔹️ $BNGO has brought 137.99% and we made even more than on Asensus, taking profit at 15.39, making +1612,33%. Those two trades certainly made me more attracted to smaller cap stocks, which had an impact on portfolio composition going forward. It will likely stay this way, especially that I do not trade $BTC or any other crypto.
🔹️ $JFU made 102.26% in less than 2 months for us. Its performance YTD is a massive 152.88%. It was a great find, going through the books and identifying a big cash balance vs small market cap. Although we offloaded at 2.69, we may come back to this stock in the future.
🔹️ $KIE.L has been the biggest position for big part of the year and to great success: it is 96.66% YTD with the strongest performance in Europe. We took good profit, but it still is c.2% of our portfolio. Reducing debt, also through selling part of the business, have been positive on the stock price and it will likely continue growing in H2 2021.
NASDAQ100 brought 14.22% in the first 6 months of the year, slightly underperforming SPX500 at 16.13%. We, at MJ Copiers Club, outperformed both by more than 2X and, thus, have reasons to celebrate.
I recently rebalanced the portfolio and built almost 40% cash reserve / dry-powder, which will be redeployed during next pullback to take advantage of best opportunities in the 2nd half of the year.
𝙒𝙝𝙖𝙩 𝙖𝙧𝙚 𝙮𝙤𝙪𝙧 𝙧𝙚𝙨𝙪𝙡𝙩𝙨 𝙞𝙣 𝙃𝟭 𝟮𝟬𝟮𝟭? 𝙇𝙚𝙖𝙫𝙚 𝙩𝙝𝙚 𝙘𝙤𝙢𝙢𝙚𝙣𝙩 𝙗𝙚𝙡𝙤𝙬!
PS. All my investments and portfolio are public. To join eToro please follow the link: https://bit.ly/3i7Yo3C
My Public Profile: https://www.etoro.com/people/mj_lux
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