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Step 4
Portfolio Construction |
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Initial Position .5-1% |
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Secondary 1-2% |
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Core Holdings 2-4% |
| • |
Large Sector <2x Benchmark |
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Small Sector <3x Benchmark |
| • |
Service-Based Sectors Over-Weighted |
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| Build New Portfolio |
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Step 5
Sell Discipline |
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Price Targets |
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Change Fundamentals:
- Margin erosion
- Decelerating revenue
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| • |
Catalysts:
- Management change
- Accounting issues
-Insider trading
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| Why We Sell |
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Step 6
Portfolio Review |
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| • |
Relative Performance |
| • |
Target Prices |
| • |
Stock Review |
| • |
Sector Review |
| • |
Freshen Research |
| • |
Update Models |
| • |
Trim or Add |
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| Weekly and Monthly |
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