Click here for last years positions.
| Company | Category | Business | Duration |
|---|---|---|---|
| European Reliance ( ATH: EUPIC ) | Greek small cap | Life and Health insurance | 6.5 yrs |
| Kansas City Life ( KCLI ) | US small cap | Life insurance | 6 yrs |
| Senvest Capital ( TSE: SEC ) | Japanese small cap | Investment Company | 5.5 yrs |
| IEH Corp ( IEHC ) | US microcap | Manufacturing | 7.5 yrs |
| Tachibana Eletech ( TSE: 8159 ) | Japanese small cap | Electronic Distributor | 7.5 yrs |
| Installux SA ( PAR: STAL ) | French microcap | Manufacturing | 7.5 yrs |
| Riken Keiki ( TSE: 7734 ) | Japanese small cap | Manufacturing | 7.5 yrs |
| Investors Title Company ( ITIC ) | US small cap | Title Insurance | 6 yrs |
| Lewis Group ( JSE: LEW ) | South African midcap | Fumiture Retail | 5 yrs |
| MIND C.T.I.Ltd ( MNDO ) | US small cap | Billing | 0.5 yrs |
| Philip Morris Int ( PMI ) | US large cap | Tabacco | 20 yrs |
| Altria ( MO ) | US large cap | Tobacco and alcohol | 0.5 yrs |
| Karelia Tobacco Company Inc. (ATH:KARE) | Greek small cap | Tobacco | 6 yrs |
| Combined Motor Holdings (JSE:CMH) | South African small cap | Car Retail | 6 yrs |
| Seaboard Corp ( SEB ) | US midcap | Food conglomerate | 15 yrs |
| McRae Industries ( MCRAA ) | US microcap | Footware | 8 yrs |
| New Century Group HK ( HK: 0234 ) | Hong Kong microcap | Hotel,cruise line | 6 yrs |
We all know there was a huge crash in March followed by an amazingly fast rebound. Like almost all investors, I've been busy repositioning my portfolio. What I did this time was like in past corrections, I have opportunisticly added to some formerly small positions and initiated a few new ones.
ITIC was a large position that I regrettably reduced five years ago. Now I have added back sufficiently that my position is the same as back then. The same story goes for PMI, my position now is the same as before. A similar story goes for MO. I closed my position 9 years ago, and my position now is the same as before.
I have also added to EUPIC, SEC, IEHC, KARE.
The only completely new stock that I own is MNDO. This is an incredible dividend payer that I've followed for several years. To get into it, I will have to make a writeup sometime in the future.
The only position that I reduced is SEB.
I still own S&P 500 shorts. In fact I have added to it this year! And this has been the big drag on my portfolio performance. I am down slightly for the year, but the bright side is that my long positions are up by single digits percentage points.
how is withholding tax setup with MNDO? It's headquartered in Israel but trades on the Nasdaq?
ReplyDeleteIt is withheld at 25%, which typically you can then deduct from your tax return.
DeleteCorrection, the $0.26 dividend for 2020 to be paid in Spring 2021 will be taxed at 20%.
ReplyDelete