Hiking in West Linn. I softened the image in post-processing.
Before proceeding with the Bohr review, on occasion I see where an interested investor subscribes to the ITA Wealth Management blog, but they do not show up as a Guest. If I do not see a Guest registration I am unable to elevate the user to the Platinum level so they can read all the blog posts. If you are unable to read protected blogs then you have not registered correctly. Please try again and follow the instructions to register as a Guest. Then wait for me to elevate you to the Platinum level.
Now on to the Bohr update. Since the last review numerous sector ETFs were sold out of the Bohr so we end up with a considerable amount in cash. Over the last few days a number of limit orders were struck for VTI, VOO, and ESGV, thus reducing the percentage in cash.
Bohr Security Holdings
Below is the investment quiver and current holdings in the Bohr. Note that most of the investments are confined to U.S. Equities. Additional limit orders are in place to purchase more shares of the three ETFs (VTI, VOO, and ESGV) if and when prices drop.
Bohr Manual Risk Adjustments
The Kipling spreadsheet is used as a guide to know how many shares of the different ETFs to purchase. Keep in mind that the sector ETFs are driven by Bullish Percent Indicator data and no sectors are currently positioned in the oversold zone. This is why we now concentrate on adding shares to VTI, VOO, and ESGV.
VTI and VOO are in good shape. I need to add another 100 shares of ESGV to meet the basic recommendation. Limit orders are in place to meet this recommendation.
Bohr Performance Data
The following data is closing in on 25 months of information. Thus far the Bohr trails the SPY benchmark by nearly five percentage points when annualized.
Bohr Risk Ratios
How is the Bohr performing when risk enters the equation? The quick answer is – not much better. The current Jensen Performance Index is the lowest since last October. The Bohr is new to the Sector BPI model so we need to give this portfolio time to go through several buy/sell cycles.
One bit of good news is that the slope of the Jensen improved since the last review from around -0.50 to -0.40.
Bohr Portfolio Sector Report
The Bohr portfolio was moved to the Sector BPI model during the month of September 2023. Since the switch the securities held by Bohr gained 17.46% while the SPY benchmark increased by 8.53%. This difference implies the Sector BPI model is working and it has been a good choice to move the portfolio over to this model.
What the following data does not include is the cash held in the portfolio and that cash is definitely a drag on portfolio performance.
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