I didn’t stick to my plan!

The Corona-virus made me divert from my normal stock strategy and I sold stocks for the first time in this portfolio… And I actually bought a small short-position!

This post is all about the Corona-virus in the stock market perspective. I know it is cynical to talk business when people are dying. I feel for these people and I am honestly afraid of how this could affect the world we live in. I hope the worst is over by now, but nobody knows.

The stock market is a reflection of people and life. Right now there has been a long period og bullish markets suddenly abrupted by the Corona-virus.

Markets went down in the last week of February and it was a tricky time to be a private investor.

Even though I am a dividend investor and a strong believer of dollar-cost-averaging the situation was so absurd, that I suddenly changed my strategy a bit: I started selling about 10% of my portfolio and bought a small short-position. This was a good move and I should have sold even more. On the other hand I started to move back into the market to soon when the prices where still plummiting. Time will tell if I have bought the right stuff for a decent price and a good yield. You can see my entire trade history for the past month in the end of this post.

Why did I divert from my strategy?

I don’t have a good answer for this. I sat and read about stocks and checked my portfolio growing around the 20th of February. I can’t say it more precise than I had a gut feeling of the market hitting the top. I started selling a bit but did’nt make a complete sell-off because, I still am a long term investor. I know this sounds hypocritical, and perhaps it is.

In the week following the markets where plummiting but it was (and appears) to be a big and sudden correction more than a more long term bear market. I think we may see some stocks struggle for a long time coming after this – especially stocks related to tourism, travel and leisure like amusement parks and cruiselines but also a general downturn regarding productivity and general demand from consumers.

The results for now

Even though I made some good moves with selling stocks and buying a short position it only slowed down the losses a little bit. The total capital gains of my portfolio was down to 0% in the end of February. It peaked i January at around 14%. The short-position is up 13% but it is only 2,6% of my portfolio.

The cash I collected after selling about 10% of my portfolio was put back into the market in the last week of February and all of these buys are still in negative territory. I have yet to see, if I made the right call on these, but I have always wanted to buy more Pepsico and add Mondelez and Fortum to my portfolio. I also added some aristocrats with Archer-Daniels-Midland, McDonalds, Walmart, Abbot and Hormel Foods.

I definitely added some oil stocks too soon as well as some index ETF’s – The latter I don’t regret, but the oil I was a bit to inpatient with. The yields are good, but I maybe bought a bit to much instead of focusing on quality stocks like Coca-Cola, Microsoft and broad ETF’s. These I will continue to expand my positions in over the coming period as the prices probably continues to fall.

The LONG trade list for the past 40 days:

Golden Ocean Group Ltd03-02-20Bought2540,96
Brembo03-02-20Bought1010,2
SPDR S&P Pan Asia Dividend Aristocrats UCITS03-02-20Bought343,895
Sparindex – INDEX Dow Jones Sustainability World K03-02-20Bought6169,2
Crestwood Equity Partners LP03-02-20Bought428,6216
Berry Corp.03-02-20Bought156,77
BP Plc03-02-20Bought335,72
Rio Tinto Plc03-02-20Bought253,25
Restaurant Brands International Inc.03-02-20Bought260,73
Altria Group, Inc.03-02-20Bought346,3988
Apple Hospitality REIT Inc.03-02-20Bought714,9781
Ford Motor Co.05-02-20Bought128,2978
Hyundai Motor Company Ltd05-02-20Bought430,8
Gränges AB06-02-20Bought1191,35
Diageo Plc06-02-20Bought337,725
General Mills06-02-20Bought252,16
Kellogg Co.06-02-20Bought264,5
Caterpillar Inc.06-02-20Bought1136,51
Amundi ETF Short MSCI USA Daily UCITS ETF07-02-20Bought4410,716
Haulotte Group12-02-20Bought234,515
L&G US Energy Infrastructure MLP UCITS ETF12-02-20Bought244,327
Nokian Tyres Plc12-02-20Sold-426,85
Chatham Lodging Trust12-02-20Bought617,29
Leggett & Platt Inc.12-02-20Bought345,8
Pfizer Inc.13-02-20Bought337,25
Pirelli & C19-02-20Sold-214,85
Pfizer Inc.19-02-20Bought336,35
Carnival Corp.19-02-20Sold-343,38
T Rowe Price GP19-02-20Sold-1139,1
SPDR S&P Us Div Aristocrats Ucits ETF20-02-20Sold-555,6
Vanguard FTSE All-World UCITS ETF20-02-20Sold-588,8
Brdr. A & O Johansen præf. A/S20-02-20Sold-3394
Michelin20-02-20Sold-1109,95
Unilever NV21-02-20Sold-253,88
Vanguard FTSE All-World High Dividend Yield UCITS21-02-20Sold-452,6
Tenneco Inc.21-02-20Sold-1310,85
Hyundai Motor Company Ltd24-02-20Sold-428,1
Danske Inv Fjernøsten Indeks KL DKK D24-02-20Sold-8152,2
iShares Euro Dividend UCITS ETF25-02-20Sold-1021,255
L&G US Energy Infrastructure MLP UCITS ETF26-02-20Bought254,01
Sparindex – INDEX Dow Jones Sustainability World K26-02-20Bought7162,9
Vanguard FTSE All-World UCITS ETF26-02-20Bought281,75
# EssilorLuxottica26-02-20Bought1130,2
BP Plc26-02-20Bought333,1
Crestwood Equity Partners LP26-02-20Bought522,4776
Lyxor New Energy UCITS ETF27-02-20Bought430,2
Fortum Oyj27-02-20Bought520,25
Royal Dutch Shell Plc A27-02-20Bought520,75
iShares S&P Global Clean Energy ETF27-02-20Bought156,545
SPDR S&P Us Div Aristocrats Ucits ETF27-02-20Bought249,525
Honeywell International27-02-20Bought1163,25
Hormel Foods Corp.27-02-20Bought343,2988
Mondelez Intl Inc.27-02-20Bought255,2082
Archer-Daniels-Midland Co.27-02-20Bought338,3
International Paper27-02-20Bought337,8888
Leggett & Platt Inc.27-02-20Bought339,9879
Caterpillar Inc.27-02-20Bought1125,89
Pepsico Inc.27-02-20Bought1138,43
Berkshire Hathaway Inc. B28-02-20Bought1200,41
Anheuser Busch InBev28-02-20Bought252,14
Vanguard FTSE All-World UCITS ETF28-02-20Bought275,85
Sparindex – INDEX Dow Jones Sustainability World K28-02-20Bought7150,75
Walmart Inc.28-02-20Bought1106,4678
Qualcomm Inc.28-02-20Bought274,3
Bristol-Myers Squibb Co.28-02-20Bought257,5961
Abbott Laboratories28-02-20Bought276,1288
Walgreens Boots Alliance Inc.28-02-20Bought344,9971
Realty Income Corporation28-02-20Bought270,2832
Cardinal Health Inc.28-02-20Bought250,4792
Omega Healthcare Investors Inc.28-02-20Bought338,7
Coca-Cola Co.28-02-20Bought252,0581
Microsoft Corp.28-02-20Bought1154,884
International Business Machines Co.28-02-20Bought1127,5719
Procter & Gamble Co.28-02-20Bought1107,884
Pepsico Inc.28-02-20Bought1129,9581
McDonald’s Corp.28-02-20Bought1190,59
Visa Inc.28-02-20Bought1175,2637
The Walt Disney Company28-02-20Bought1113,6453
Wells Fargo & Co.28-02-20Bought340,2981
SANIONA AB BTU (1 WTS & 1 WTS & 1 WTS)02-03-20Bought20,01
*Delisted 20200228 (Saniona AB – Rights)02-03-20Sold-580
WestRock Co.02-03-20Bought333,23
SANIONA AB BTU (1 WTS & 1 WTS & 1 WTS)02-03-20Sold-20,01
*Delisted 20200228 (Saniona AB – Rights)02-03-20Bought580
SANIONA AB BTU (1 WTS & 1 WTS & 1 WTS)03-03-20TransferIn20
*Delisted 20200228 (Saniona AB – Rights)03-03-20Sold-610
Molson Coors Beverage Co.05-03-20Bought250,7
Genuine Parts Co.05-03-20Bought286,3423
Exxon Mobil Corporation05-03-20Bought249,91
ISS A/S05-03-20Bought10110,35
WestRock Co.05-03-20Bought332,04
Sampo Oyj A05-03-20Bought336,92
Foot Locker Inc.05-03-20Bought331,3687
General Motors Co.06-03-20Bought329,1081
United Technologies06-03-20Bought1122,8
JPMorgan Chase & Co.06-03-20Bought1108,8
International Business Machines Co.06-03-20Bought1125,76
Cisco Systems Inc.06-03-20Bought338,63
KKR Real Estate Finance Trust Inc.06-03-20Bought519,4
Vanguard FTSE All-World UCITS ETF09-03-20Bought270,47
Royal Dutch Shell Plc A09-03-20Bought715,914
Matas A/S09-03-20Bought2149
Sampo Oyj A09-03-20Bought333,7
Danske Bank A/S09-03-20Bought1193,76
Danone09-03-20Bought258,5
Volkswagen AG Ordin. Share09-03-20Bought1138,5
Prudential Financial Inc.09-03-20Bought258,19
Crestwood Equity Partners LP09-03-20Bought1010,005
Federal Realty Investment Trust09-03-20Bought1113,775
Starbucks Corp.09-03-20Bought271,57
The Walt Disney Company09-03-20Bought1105,39
Archer-Daniels-Midland Co.09-03-20Bought335,0776
United Technologies09-03-20Bought1113,09
Omega Healthcare Investors Inc.09-03-20Bought335,9676
McDonald’s Corp.09-03-20Bought1184,8532
Visa Inc.09-03-20Bought1173,1195
Kinder Morgan Inc.09-03-20Bought716,1