Return to Earth - August Performance

After a great July, performance of my Top 20 Model Portfolio trailed the averages and my peers in August. The big losers in August were Chart Industries (-24%) and Jack in the Box (-17%).

I gave back about 1/3 of my July outperformance.

My Top 20 Model Portfolio total return for August was -1.36%

S&P 500 +2.43%

S&P 500 equal weight - RSP + 2.99%

Morningstar large cap index + 2.32%

Morningstar large cap value index + 2.62%

Morningstar mid cap value index +1.88%

Morningstar small cap value index, - .80%

First Eagle Small Cap - FESCX, - 1.56%

Diamond Hill Small/Mid Cap - DHMIX, +0.72%

Victory Sycamore - VSOIX, -1.09%

T Rowe Price Mid Cap Value - TRMCX, +1.27%

Longleaf Partners (Mason Hawkins) - LLPFX, +1.76%

Van Eck/Morningstar Moat ETF - SMOT, +1.54%

Royce Small Cap Value - RVT, +0.23%

My performance was roughly equal to my best competitor, FESCX, and trailed the folks that had a few more big caps in their portfolios.

All the other funds have 50 - 100 stocks.

I thought maybe I would do better because I had several good earnings reports, but so did everybody else.