Contents
In my FFJ Portfolio – June 2022 Interim Report, I disclose exiting 4 positions whose risk I deemed unacceptable. This FFJ Portfolio - June 2022 Report discloses the companies to which I increased my exposure during June.
Purchases
I acquired additional shares in the following companies:
- Blackstone (BX)
- S&P Global (SPGI)
- Chevron (CVX)
- Exxon Mobil (XOM)
- Paychex (PAYX)
- Moody's (MCO)
- Intuitive Surgical (ISRG)
- Danaher (DHR)
I also received additional shares through automatic dividend reinvestment in the following holdings which are held in the FFJ Portfolio and/or in accounts for which I do not disclose details.
- Enbridge (ENB.to)
- SMART Centres Real Estate Investment Trust (SRU-UN.to)
- CME Group (CME)
- Goldman Sachs (GS)
- Chevron (CVX)
- Exxon Mobil (XOM)
- Raytheon (RTX)
- Home Depot (HD)
- Church & Dwight (CHD)
- United Parcel Service (UPS)
- Lockheed Martin (LMT)
- Visa (V)
- Tyson Foods (TSN)
- McDonald's (MCD)
New Positions
I initiated no new positions in May.
Dividend Income
The income generated from the holdings within the FFJ Portfolio is accessible here.
During June, the holdings within the 'Core' portion of the FFJ Portfolio generated dividend income of ~$1,900 CDN and ~$5,000 USD. The holdings within the 'Side' portion generated ~$2,000 CDN and ~$3,200 USD.
In the first 6 months of 2002, the holdings in the FFJ Portfolio generated dividend income as follows:
- 'Core' accounts: ~$10,412 CDN and ~$18,357 USD
- 'Side' accounts: ~$11,455 CDN and ~$10,179 USD
- YTD total: ~$21,867 CDN and ~$28,536 USD
Since I continue to add to various positions and several companies have announced dividend increases, I envision dividend income generated in 2022 from the holdings within the FFJ Portfolio will be ~$44,500 CDN and ~$58,500 USD.
Holdings
The month-end FFJ Portfolios are accessible here. The value of the holdings in the FFJ Portfolio as at the end of January - June 2022 are:
January 2022
Core Accounts: ~$773,000 CDN and ~$1,858,000 USD
Side Accounts: ~$666,000 CDN and ~$1,475,000 USD
Total: ~$1,439,000 CDN and ~$3,333,000 USD
February 2022
Core Accounts: ~$778,000 CDN and ~$2,014,000 USD
Side Accounts: ~$672,000 CDN and ~$1,465,000 USD
Total: ~$1,450,000 CDN and ~$3,479,000 USD
March 2022
Core Accounts: ~$810,000 CDN and ~$2,118,000 USD
Side Accounts: ~$696,000 CDN and ~$1,554,000 USD
Total: ~$1,506,000 CDN and ~$3,672,000 USD
April 2022
Core Accounts: ~$770,332 CDN and ~$2,026,487 USD
Side Accounts: ~$658,363 CDN and ~$1,514,137 USD
Total: ~$1,428,695 CDN and ~$3,540,624 USD
May 2022
Core Accounts: ~$784,833 CDN and ~$2,133,728 USD
Side Accounts: ~$661,080 CDN and ~$1,499,998 USD
Total: ~$1,445,913 CDN and ~$3,633,726 USD
June 2022
Core Accounts: ~$742,473 CDN and USD ~$2,006,645
Side Accounts: ~$595,911 CDN and USD ~$1,401,823
Total: ~$1,338,384 CDN and ~$3,408,468 USD
NOTE: The values reflected above exclude investments in several tax-efficient accounts for which I do not disclose details.
Final Thoughts
The past several weeks have provided investors with opportunities to acquire shares in high-quality companies at valuations not witnessed for quite some time. Although I strongly suspect the broad market weakness shall persist for several more months, I can not predict the behaviour of stock prices over the short term. Knowing this, I continue to invest with the long term in mind and am adding to several existing positions. While the value of each purchase is relatively modest, I am comfortable with the cumulative value of my purchases.
I wish you much success on your journey to financial freedom.
Note: Please send any feedback, corrections, or questions to [email protected].
Disclaimer: I do not know your circumstances and am not providing individualized advice or recommendations. I encourage you not to make any investment decisions without conducting your research and due diligence. You should also consult your financial advisor about your specific situation.
I wrote this article myself and it expresses my own opinions. I am not receiving compensation for it and have no business relationship with any company whose stock is mentioned in this article.
