Q1 2025 Portfolio Update

For Q1 my portfolio was up 1.6%

Apr 03, 2025

Performance Overview

For Q1 2025, my stock picking portfolio was up 1.6%. The Q1 starting balance was $130,512.23, and finished the quarter at $167,191.18. Contributions to the portfolio during the quarter amounted to $35,164.83.

Portfolio Composition

The current allocation of the portfolio is shown in the chart below. Currently, the portfolio consists of 17 stocks. The top five largest positions are Dollar General, Tandy Leather Factory, British American Tobacco, Net Lease Office Properties, and Motorcar Parts of America.

Current Holdings

My portfolio generally consists of two types of stocks. The first is quality companies that I believe are facing a negative setback in which the market has over-reacted to. I will typically perform more due diligence on these companies, and size the position around 10% of the portfolio at purchase.

The other stocks I hold could be trading at a low valuation multiple, be a net-net, special situation, etc. I usually do less due diligence on these companies, and hold them for shorter periods of time. Accordingly, I take a basket approach where each individual stock makes up 2-5% of the portfolio.

Note: I am short 75 shares of Glacier Bancorp since they are buying Bank of Idaho in a all stock deal. My portfolio software does not handle short sales so it is missing from the table below.