Seeking Alpha

John Cofran's  Instablog

John Cofran
108 Followers
32 Following
Send Message
John Cofran is a professional investor and money manager with 20+ years experience, and over $10,000,000 in assets under management. He is a former CPA applicant with degrees in Finance, Accounting and Economics from Boston College. In addition to building several highly successful private... More
  • December 30, 2011 Portfolio Composition 0 comments
    Dec 30, 2011 2:55 PM | about stocks: HYG, AAPL, STJ, T, OHI, JNK, CLI, MSFT, PEP, WAG, NYCB, INTC, PFF, EMR, ITW, ORCL, CAT, GE, HAS, FE, CMI, CSX, NTAP, QCOM, CVX, IFF, DECK, BBEP, FTR, JPM, BMC, ZMH, WM, BRCM, CSCO
    Below is my year-end portfolio composition. After wholesale changes in the last two weeks to minimize current and future tax liabilities, the portfolio no longer has high concentrations of high and ultra-high yield stocks and ETFs with little to no growth.

    The portfolio now has a greater slant towards value and growth, as I see 2012 as a potential break-out year. The current yield sits at 4.80%, however several planned moves in early January will lift the portfolio yield to 5.70%. I expect dividend growth of 6.0% in 2012 as well as capital appreciation from this group in the neighborhood of 8.0% - 12.0%, for a total projected portfolio return of 14% - 18%. Factoring in expected trading gains, I expect a total return in 2012 of 20%- 24% before taxes.

    My target allocations are as follows:

    High Yield Bonds- 22%
    Energy- 12%
    Consumer- 12%
    Tech- 10%
    Trades- 10%
    Industrial- 10%
    Preferred Stocks- 8%
    Telecom- 7%
    REITs- 6%
    Financials- 6%
    Pharma- 4%
    Utilities- 4%
    Services- 4%
    Mortgage REITs- 4%
    Basic Materials- 4%
    Medical Technology- 4%
    Business Development Companies- 3%
    Cash- (30%)



    		 Weight Yield



    HYG 16.75% 7.18%
    AAPL 4.60% 0.00%
    STJ 4.15% 2.43%
    TGP 3.77% 7.59%
    T 3.44% 5.81%
    OHI 3.34% 8.15%
    JNK 3.26% 7.65%
    CLI 3.04% 6.72%
    MSFT 2.96% 3.06%
    PEP 2.83% 3.09%
    WAG 2.82% 2.72%
    NYB 2.81% 8.08%
    INTC 2.77% 3.44%
    PFF 2.74% 6.19%
    EMR 2.67% 3.40%
    ITW 2.67% 3.06%
    ORCL 2.64% 0.93%
    CAT 2.59% 2.02%
    GE 2.55% 3.78%
    HAS 2.54% 3.75%
    FE 2.53% 4.93%
    CMI 2.52% 1.80%
    CSX 2.52% 2.27%
    NTAP 2.50% 0.00%
    QCOM 2.49% 1.57%
    CVX 2.43% 3.02%
    IFF 2.39% 2.36%
    DECK 2.18% 0.00%
    BBEP 2.16% 9.13%
    FTR 1.97% 14.07%
    JPM 1.88% 3.02%
    BMC 1.87% 0.00%
    ZMH 1.37% 1.34%
    WM 1.30% 4.34%
    BRCM 1.17% 1.22%
    CSCO 1.03% 1.32%
    SYMC 1.01% 0.00%
    MSFT17.5Calls 0.48% 0.00%
    CIM 0.34% 20.55%
    MSLP 0.13% 0.00%
    Cash -9.25% 0.00%




    		100.00% 4.80%
    Themes: value investing, dividends, yield, growth, GARP Stocks: HYG, AAPL, STJ, T, OHI, JNK, CLI, MSFT, PEP, WAG, NYCB, INTC, PFF, EMR, ITW, ORCL, CAT, GE, HAS, FE, CMI, CSX, NTAP, QCOM, CVX, IFF, DECK, BBEP, FTR, JPM, BMC, ZMH, WM, BRCM, CSCO
Back To John Cofran's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • portfolio just went positive on the day
    about 3 hours ago
  • look for market ($SPY) to continue sell-off 1,540 - 1,480 range over coming weeks
    about 4 hours ago
  • glad i picked up a pile of $HPQ $22 weeklies this afternoon... looks like a 300% gain in a couple hours
    about 21 hours ago
More »

Latest Comments


Most Commented
Posts by Themes
2012, 2012 Predictions, bonds, Bull Market, Capital, cloud, Cofran, Covered Calls, dividend, Dividends, dividends, dividends performance portfolio prediction, ETF, etf investing, Facebook, forecast, GARP, growth, High Yield, Historical Data, Income, income, market current, Market Currents, Market Outlook, market prediction, Market Prediction, market-outlook, Options, Outlook, portfolio, Portfolio, prediction, Prediction, Predictions, predictions, projection, S P, S P 500, s p trading range, sentiment, september strategy, Stock Market, value investing, Yield, yield
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.