Portfolio Ranks – Value

It’s been a while since I’ve done a Portfolio Ranks post.  In this instance, I’m going to rank my Portfolio positions (all 60 of them) by current Value.

In my monthly Portfolio Thoughts posts I often cover my Top 10 stocks ranked by Value.  However, here you’re going to get the entire ranked list.

Granted you could piece this together from the information on my Portfolio page, but here I’ve done the work for you.  What could be easier?!

I’ll also add my thoughts on various aspects of the rankings.  Let’s get to it…

 

Note that all these rankings are as of April 14th, 2023.

Also note that I’ve color-coded the Portfolio stocks by sector.  Here’s a table showing the allocation.  The numbers in parenthesis are the quantity of stocks I hold in each sector.

 

 

Rank by Value

 

There are 8 stocks at least $20K in value, and 26 at least $10K in value.

The average stock value is $10,161.53.  Only 24 stocks have a value higher than that.  Considering I have 60 stocks in total, this suggests that the Portfolio is somewhat top heavy.

Stocks from the Information Technology sector comprise 3 of my top 5 positions: Qualcomm (QCOM), Visa (V) and Broadcom (AVGO).

I’ve got stocks from 7 different sectors in my Top 10.  I’d like to make it at least 8 different sectors in my Top 10 with one of my Industrials stocks making the group.  Union Pacific (UNP) and Fastenal (FAST) aren’t too far away.

All of my stocks in the Real Estate and Utilities sectors reside in the bottom third of my Portfolio.  This is where I’d prefer them to be given that stocks from these two sectors tend to have slower dividend growth.

My QCOM position is larger than the combined position of my smallest 10 Portfolio stocks.

Ideally, I’d like to see most of my stocks have a weighting of at least 1% within the Portfolio.  This currently translates to a value of about $6,100.  When stocks have too small of a weighting then their performance can become a non-factor in the Portfolio.  Only 37 of my 60 stocks meet this 1% weighting criteria.

A more realistic target for now might be a weighting of at least 0.5%, or approximately $3,050.  Nine of my stocks don’t even reach this level.  Among this group of stocks, I’d like NextEra Energy (NEE), McCormick & Co. (MKC), The Walt Disney Co. (DIS) and Cummins (CMI) to become more significant sooner rather than later.

 

Expect to see further posts regarding various Portfolio rankings, as I like to see how ranks change over time.  I hope you liked the post.

Let me know if anything in the rankings stands out to you.

Until next time…

Posted on by Engineering Dividends

5 thoughts on “Portfolio Ranks – Value”

  1. Great work! I need to add QCOM to my portfolio. I’ve watched it forever, but I just haven’t started a position yet. I know you were planning to add to your energy sector a few months back? Do you still plan to open some energy positions?

    1. Hey Ginger! I initiated my QCOM position back in 2015. It’s been a good holding for me, despite its price retreat over the past 15 months. I don’t have any plans to add QCOM since it’s my largest holding, but its valuation today seems reasonable to me.
      I have a bonus goal to add an Energy stock to my Portfolio in 2023. I’m having a hard time getting excited about it though. It definitely won’t be more than 1 stock though. Baby steps for me when it comes to the Energy sector. 🙂

    1. I did miss the memo, Charlie! Thanks for the link.
      This changes my Portfolio sector weighting quite a bit… and not in a good way. I’m now farther away from my target allocations in Information Technology (now even more underweight) and Industrials (now even more overweight).
      Information Technology no longer is my top sector either… it’s 4th now… behind Healthcare, Industrials and Financials.
      This feels like there was just a little tremor inside my Portfolio. 🙂
      Thanks again for sharing the info. I’m going to have to digest this for a bit and develop a new plan for getting into my preferred weighting ranges for both Info Tech and Industrials.

      1. Me too. Two years of work reducing my financial exposure got thrown out the window. Back to square one over here …

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