Q3 2024 Portfolio Update
Ever since I started buying stocks I tracked my portfolio performance using spreadsheets. A couple of weeks ago I decided it was time to find a better solution than the current manual process. For now I settled on an open source application call Portfolio Performance. I’m still messing around with the tool and trying to figure out the best way to present the data in these posts. Overall, it seems like a nice upgrade from my spreadsheets and provides some nice reports and graphs.
Performance Overview
For Q3 2024, my stock picking portfolio was up 14.4%, and is up 12% year to date. The Q3 starting balance was $106,109.57, and finished the quarter at $140,379.71. Contributions to the portfolio during the quarter amounted to $18,246.58.
Portfolio Composition
The current allocation of the portfolio is shown in the chart below. Currently, the portfolio consists of 15 stocks. The top five largest positions are British American Tobacco BTI -0.28%↓, Alico ALCO 0.00%↑ , Bank OZK Preferred OZKAP 0.00%↑ , Hurco Companies HURC 0.00%↑ , and Jewett-Cameron Trading Company JCTCF 0.00%↑ .
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: the performance figures are quarterly changes
Stocks Purchased and Sold
Dividends
let us know how your open source tool journey goes.
i have looked at, and abandoned, so many of these tools over the years.
the main problems are :
- tool goes paid or abandoned
- it is too difficult (as a no-code programmer) to add\customize the few really new things you can not get elsewhere
have you tried this recent one
https://journalytic.com/#built-for-investing