Lucky Bastard - July Performance

How did I know that July 2024 was the month the market would change?

Obviously, I had no idea, but June 30, 2024 was a great time to build a small/mid cap value model portfolio.

Below are some performance comparisons for July:

My Top 20 Model Portfolio +11.6% (big winners Jack in the Box, Revvity, Smith&Nephew, big losers Unifi, Nutrien)

I was helped by no technology exposure, but hurt by limited financial exposure. my portfolio is somewhere in between small and mid cap

I think First Eagle, Diamond Hill, and Victory Sycamore are the best comparisons, so I was slightly ahead or my peers this month. Maybe I should retire?

S&P 500 +0.9%

S&P 500 equal weight - RSP + 4.8%

Morningstar large cap index -0.1%

Morningstar large cap value index + 5.3%

Morningstar mid cap value index +6.8%

Morningstar small cap value index + 9.7%

First Eagle Small Cap - FESCX +8.2%

Diamond Hill Small/Mid Cap - DHMIX + 8.0%

Victory Sycamore - VSOIX + 9.2%

T Rowe Price Mid Cap Value - TRMCX + 5.5%

Longleaf Partners (Mason Hawkins) - LLPFX + 6.2%

Van Eck/Morningstar Moat ETF - SMOT +5.9%

Royce Small Cap Value - RVT +10.6%

OK, that is one hour of my life wasted on performance comparisons, let’s get back to looking at stocks.