Model Portfolio Update 5/19/24

By Greg Bordelon Published on May 19, 2024 at 3:56 PM

For the week ended 5/17/24 the model portfolio was down 34 bps on gross market value.  At the close on Friday, the model portfolio is +677 bps YTD and +730 bps since inception (Dec ’23). Source: Bloomberg, Sankey Research Greg Bordelon

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Model Portfolio Update 5/19/24

By Greg Bordelon Published on May 19, 2024 at 3:46 PM

Summary Model portfolio down small in a wild week Short biofuels and long mean reversion worked; underweight natural gas exposure hurt performance Exited GPOR-CRK after round trip; added new CHK-VLO and RRC-WLK trades for gas exposure Watching for heightened risk of sector selloff; tightened risk exposure Performance For the week ended 5/17/24 the model portfolio was down 34 bps on gross market value. At the close on Friday, the model portfolio is +677 bps YTD …

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Model Portfolio Update 5/12/24

By Greg Bordelon Published on May 12, 2024 at 3:15 PM

Model Portfolio Update 5/12/24 For the first weekly model portfolio review, a fulsome discussion of the book and concepts behind its construction today.  Future notes will embrace brevity keep discussion confined to more recent/pending thoughts on positioning.  Unless I hear otherwise, of course. At the close on Friday, the model portfolio is +719 bps YTD and +766 bps since inception (Dec ’23). Source: Bloomberg, Sankey Research Performance The portfolio was effectively flat (+5 bps) on the for …

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