Some readers email me and ask about my portfolio holdings. I won’t disclose all of my holdings in this newsletter but I’ll share with you my top 10 best performers in 2016 (see below). Ceapro and Canopy Growth Corp (formerly Tweed) were the clear out-performers. But I had my share of losers too. Davids Tea (-44.71%), Ten Peaks Coffee (-38.65%), and Exco Technologies (-36.28%). I don’t know what I was thinking with Davids Tea to be honest…(I’ve since cut my position). I do have another regret from 2016. And it was not investing in Teck Resources, which posted a mega 403.18% return, making it the best performer on the TSX in 2016. Overall, my portfolio beat all three indices that I track: S&P/TSX, S&P 500, and DJIA. Do you own any of these stocks?
|CANOPY GROWTH CORPORATION||CGC||259.27%|
|ANDREW PELLER LIMITED||ADW.A||71.29%|
|MTY FOOD GROUP||MTY||55.90%|
|PACIFIC INSIGHT ELECTRONICS||PIH||49.70%|
P.S. Bill Ackman initiated two new (undisclosed) positions in his Pershing Square Hedge Fund, representing 13% of committed capital. New Position 1: 4% weight. New Position 2: 9% weight. Bill’s in recovery mode, as his fund was down -20.5% in 2015 and -13.5% in 2016 (net returns). Based on my interview with Bill in my book, Market Masters, he’s likely to have invested in North American Companies, with market caps > $15 billion. I predict that Pershing Square will post a positive net return this year. Read more about Bill Ackman’s new positions here.
Robin Speziale is the national bestselling author of Market Masters, which is available at Chapters, Indigo, and Coles as well as Costco and Amazon.ca. He lives in Toronto, Ontario. Learn more about Market Masters.