Categories: Smart Money Masters HotlinesStock Market News

Updating the Latest Smart Money Masters Holdings for Q2

U.S. stock markets ended the week slightly higher, driven primarily by consistent gains in selected technology stocks.

The Nasdaq set another new record, jumping 0.94%. The Dow Jones rose by 0.16%, and the S&P 500 also eked out a 0.27% gain.

The MSCI Emerging Markets Index continued to be the Belle of the Investment ball, rising yet another 2.43%. Emerging markets are having a strong year, and some smart money masters I am monitoring are also increasing their bets on the sector.

Your Smart Money Masters’ holdings had a solid week. BlackBerry (BBRY) soared 7.50%, Baxter International (BAX) rose 2.57% and PayPal Holdings, Inc. (PYPL) gained 2.27%.

Several of your positions are oversold and trading below their 50-day moving averages, including Berkshire Hathaway (BRK-B), Navigator Holdings (NVGS), Markel (MKL), Liberty Broadband (LBRDK) and Kraft Heinz (KHC). Therefore, these positions are all currently a HOLD.

May 15,2017, marked the deadline for money managers to disclose on form 13F their top holdings as of March 30, 2017.

I’ve compiled the following chart of your current Smart Money Masters’ holdings and how the size of those positions have changed since December 31, 2016.

As you can see, each of your Smart Money Masters’ recommendations remained a large part of each smart money master’s portfolio.

The most notable move in this regard came from Wilbur Ross’ bet on Navigator Holdings (NVGS). Ross has increased his relative weighting in his 13F portfolio substantially from 44.33% to 57.13%.

Note that I do not indicate a position size for those investments that were carried over from the Alpha Investor Letter portfolio. Also, Berkshire Hathaway (BRK-B) and Markel (MKL) stand at 100% position sizes

Portfolio Update

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.