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portefeuille (98.93)

fund update



April 14, 2012 – Comments (5)

I am "quite satisfied" with the performance of my little virtual fund since initiation a little over 2 years ago (also see the accompanying apology ...).

some statistics.

largest long positions.



largest gains, largest losses.



Those lists might have some gaps and contain some errors. As long as no one delivers a secretary the accuracy of those posted statistics are largely dependent on the level of dedication/laziness of the fund manager and thus more or less random ...

The second list should be accurate enough to allow the conclusion that I have done alright so far.

The SPY and IWM hedges have done just they were supposed to do and the VMW hedge even resulted in a rather large gain (with exclusively short positions!). No idea how I did that ...

The ECX:GY position was meant to be a hedge for the EXAS positions and the net result of the 2 positions is at least positive.

I think most of the non-hedge "loser positions" have a decent chance of "recovering". I have more or less given up on MRNA and the SVNT position is highly unlikely to leave the loser side if left untouched.


The fund on twitter.

5 Comments – Post Your Own

#1) On April 14, 2012 at 12:18 AM, portefeuille (98.93) wrote:

performance since March 8, 2010: +41.9%.
long pos. l ≈ $7.47 M.
short pos. s ≈ -$1.53 M.
cash c ≈ -$1.12 M.
l + s + c ≈ $4.82 M.

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#2) On April 14, 2012 at 3:11 AM, portefeuille (98.93) wrote:


what they

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#3) On April 15, 2012 at 7:16 PM, CCharing (90.93) wrote:

ArE you still intending a ~40% return per annum?


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#4) On April 16, 2012 at 9:40 PM, portefeuille (98.93) wrote:

#3 Yes, over a 10y period that should be doable. Maybe slightly more, I should find out what additional income/costs from fees, dividends and other neglected things have been so far. I may have reached CAGR of more than 25% since initiation (see this post). The large "European exposure" of the fund has not been all that helpful lately ...

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#5) On April 22, 2012 at 7:49 AM, portefeuille (98.93) wrote:

largest gains, largest losses.


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