Invest By Model

An Investment Newsletter

Stock Selection by Alan Brochstein, CFA

Model record

Top 20

Model record

$100,000.00 invested on 5/26/2008

Vs. S&P 500 Index

This portfolio is independently monitored by Hulbert Financial Digest, a Marketwatch Company.

Strategy

The Top 20 model represents our 20 best long ideas in U.S. equities

The goal is to beat the broad market, as represented by the S&P 500.
  • Names in the portfolio are diversified by sector.
  • In terms of style, this model is multicap and core.
  • The holdings range from Small-Cap to Large-Cap.
  • The holdings have both "Growth" and "Value" attributes.
  • This portfolio will be fully invested (10% maximum cash) at all times and uses no leverage.
  • Position sizes will generally not exceed 10%.
  • New additions will generally not be less than 3% of the portfolio.
  • Tax-efficiency is not a primary goal of this model.

Performance

Trailing Returns as of 5/7/2011 (since: 5/26/2008)
 YTD3 Month6 Month12 MonthInceptionAnnualized
Top 209.05 %4.45 %19.65 %40.94 %103.20 %27.19 %
S&P 5007.22 %2.09 %10.38 %23.05 %4.04 %1.35 %
Difference1.83 %2.36 %9.26 %17.89 %99.16 %25.84 %
Annual Returns
YearTop 20S&P 500Difference
2008-27.31 %-33.32 %6.01 %
200968.80 %26.46 %42.34 %
201051.85 %15.06 %36.79 %
Quarterly Returns 2011
QtrTop 20S&P 500Difference
Q19.575.923.65
Quarterly Returns 2010
QtrTop 20S&P 500Difference
Q116.965.3911.57
Q2-2.83-11.438.60
Q37.7711.29-3.52
Q423.9810.7613.23
Quarterly Returns 2009
QtrTop 20S&P 500Difference
Q10.87-11.0111.89
Q232.0015.9316.07
Q314.7415.61-0.86
Q410.486.044.44
Quarterly Returns 2008
QtrTop 20S&P 500Difference
Q30.80-8.379.17
Q4-19.41-21.942.54

Reproduced from /Model/Top_20/ as printed. Figures are historical and have not been recalculated.

Term entry: Top 20