Contents
This is my FFJ Portfolio - February 2022 Report. Previous monthly reports are accessible in the Archives and the month-end portfolio holdings are accessible here.
On February 27th, I departed for a ski trip to various resorts in British Columbia. I did not return home until March 14th thus the reason for the delay in publishing this report.
Purchases
During February, I made the following trades:
- S&P Global (SPGI) - 100 shares bringing my total exposure to 200 shares in a 'Core' account and 200 shares in a 'Side' account.
- Intercontinental Exchange (ICE) - initiated a 200 share position in a 'Side' account. I also hold 100 shares in a 'Core' account plus shares in an account for which I do not disclose details;
- Intuitive Surgical (ISRG) - acquired 100 additional shares in a 'Core' account bringing my exposure to 300 shares plus shares in accounts for which I do not disclose details;
- Broadridge Solutions (BR) - initiated a 250 share position in a 'Core' account. I also hold 535 shares in a 'Side' account and shares in accounts for which I do not disclose details;
- Copart (CPRT) - acquired an additional 50 shares in a 'Core' account thus bringing my exposure to 250 shares plus shares in accounts for which I do not disclose details; and
- Danaher (DHR) - acquired an additional 50 shares in a 'Core' account thus bringing my exposure to 210 shares.
I also helped a young investor acquire additional shares in Brookfield Asset Management (BAM-a.TO).
Rather than wait until the end of March, I take this opportunity to disclose the purchases made in the first half of March while on vacation.
- Blackstone (BX) - acquired 100 additional shares in a 'Core' account bringing my exposure to 1008 shares;
- Nike (NKE) - acquired 100 additional shares in a 'Core' account bringing my exposure to 616 shares;
- McDonald's (MCD) - acquired 100 additional shares in a 'Side' account bringing my exposure to 135 shares plus shares in an account for which I do not disclose details;
- Genuine Parts (GPC) - acquired 6 additional shares in a 'Core' account bringing my exposure to 343 shares (I did not have much surplus cash in the account); and
- S&P Global (SPGI) - acquired 50 shares in a 'Core' account bringing my total exposure to 250 shares in a 'Core' account and 200 shares in a 'Side' account.
I also helped a young investor initiate a position in Blackstone (BX) and another young investor acquire additional shares in The Royal Bank of Canada (RY.TO).
The reinstatement of the automatic reinvestment of dividend income generated from holdings within the FFJ Portfolio is contributing to the purchase of additional shares in several companies.
Sales
I rarely sell other than for tax planning purposes. Following my analysis of 3M (MMM), however, I decided to exit this position and disclosed the same in my 3M: This Dividend King Is A Train Wreck post.
Holdings
On January 7, 2022, I ranked my top 30 holdings in my Investment Holdings Review. The rankings have inevitably changed given recent trades and the fluctuation in stock prices.
The total value of the holdings in the FFJ Portfolio as at the end of January and February 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
NOTE: The values reflected above exclude investments in several tax-efficient accounts for which I do not disclose details.
Final Thoughts
That's it for now.
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.
