Hawking Portfolio Review: 10 May, 2024

Lunchtime at popular vineyard restaurant, Waiheke Island, New Zealand

Since my last review of the Hawking Portfolio I have added positions in ACRE (Real Estate) and FSK (Business Development Organizations). Both were “falling knives” that I tried to catch, sometimes unsuccessfully (ACRES – that I will say a little more about in my review of the Dirac Portfolio later today or tomorrow) and more successfully with FSK. After purchasing shares on April 16, FSK has increased in value 5.4% and is paying a 13% (annualized) dividend on top of that:

The Hawking Portfolio is currently holding positions in 27 Funds:

and is well diversified. The current projected annual payout/income from dividends is estimated to be ~12%.

Performance to date looks like this:

well outstripping the benchmark AOR Fund. At the present time I am holding ~$1,100 in cash that could be used to add shares to existing positions or to add new positions.