Stock Holdings Update and Current Purchases

I've been evaluating my portfolio and my current holdings and amounts.  As stated previously, I sold off the majority of my stocks to help fund the purchase of a new home.

I have a certain dollar amount which I call a full position.  Sometimes I overweight on a stock if I feel particularly confidant that it has potential.  Other times I underweight a position if is more speculative and risky.  A lot of investing involves investing money amounts that you are comfortable with.  If you put amounts that are keeping you awake at night.  You then need to rethink your philosophy and how much you put in.

For the record, my current portfolio contains the following holdings:

• Arctic Cat (ACAT) - currently acquiring shares for a full position.
• Ameresco (AMRC) - currently acquiring shares for a full position.
• Activision Blizzard (ATVI) - holding full position
• Dolby (DLB) - holding full position
• Momenta Pharmaceuticals (MNTA) - holding a third of a position.  Currently evaluating whether to continue to acquire shares.
• National Oilwell (NOV) - overweight 17% above a full position due to dividend reinvestment.
• Seaspan (SSW) - overweight 5% due to dividend reinvestment.

In my stock search, LinkedIn has move to the top of my list.  Next week's stock order will include my last purchase of ACAT to complete a full position.  It also included my first purchase of LNKD.  

LNKD will be an addition to my Thundercougarfalcon Fund.  That fund was started two years ago to track my own selections outside the newsletters.  Unfortunately, I neglected my own stock research so currently the fund holds one stock.  I wanted to add three to four stocks a year to it.  If I had followed through, I'd probably have a 8-10 stock personal fund.

Next post, I hope to have my reasons and some research on why I'm buying LinkedIn.

Portfolio Move - Adding Positions and a Candidate

I subscribe to one the Motley Fool newsletters so I can't claim the pick are my own.  As it is a subscription service, much of the data or analysis is not for public consumption.  I pay for the service and The Motley Fool issues stock and financial advice in return.  Given those circumstances, I will disclose very little other than say where my source for the stocks I'm purchasing are from.

I'm rating an immediate buy for Ameresco (NYSE: AMRC).  Ameresco is an energy services company.  I'll post a better description in a few days.  I don't want to publish results from the newsletter.  Instead I'll do my own synopsis. It's currently priced around $15 per stub.  There is a lot of potential for returns and it's a recent IPO.  More details coming soon.

Chinese web portal Sina is slow accumulation stock.  I plan on purchasing slowly over a period of time until I have a what I consider a full position in my portfolio.   

Watch List stocks: TTM Technologies (TTMI), Titanium Metals (TIE), Vodafone (VOD)

Vodafone will be an official candidate for the ThunderCougarFalconBird Fund pending research and due diligence.  I plan on presenting my research on this blog and making a decision on whether or not to add VOD to the Fund.

Finally, due to stock appreciation, I already own more than a full position in Dolby.  As of this post, I'm up 35% on my original investment.  Sometimes the best investment is a stock you already own.  So I'm considering adding to my Dolby holdings.

ThunderCougarFalconBird Fund Buys and Amended Rules

The new Thundercougarfalconbird Fund continues to acquire the first asset of Seaspan (SSW) which I explained in previous post. SSW is going to be a gradual accumulation until I feel I decide the risk outweighs the return. I'm looking to buy twice the amount of SSW than I do other spots. One reason is that I feel it has plenty of growth left in the stock price. Another is it pays a hive dividend distributing most profit not used to expand or run the business. I'm also allocating an amount toward my Roth fund.

I'm in the process of vetting new stocks for my next purchases. I'm currently looking to add another small cap but and finding one mega oil company to look tempting.

One final note on my portfolio candidates. I've stated that I base most my selection for my personal portfolio on newsletters I subscribe to. With the Thundercougarfalconbird Fund, I want to limit my exposure to those picks on my scorecard. I plan on using no more than four per year in the Thundercougarfalcon Fund's performance. Other stock ideas that I get from newsletters that are not official recommendations will be counted. The newsletters only introduce watch list stock with minimal research. Due to the research I'd put in, I feel I can rightly include these stock.

Name Change: Thundercougarfalconbird Fund

Inspired by a Futurama episode, I renamed my new investment portfolio the Thundercougarfalconbird Fund.

Originally I named the fund after my alma mater, state and Liberty sounded cool.

I like the new name better.