Robert Freedland Profile Picture Individual Investor

Robert Freedland

Ophthalmologist,Hospital and Health Care

  • Education Princeton University and University of California, Davis
  • Qualifications AB, MD
  • Investment Experience Managing own investments for 42 years, active stock blogger/podcaster for 7 years

Buy and Hold Value

Using secondary research, takes a value based approach to primarily large cap equities and ADRs. Looks for solid companies and earnings where full value is not perceived by the market.  Conservative medium term model looking for hidden value in leading equities.
Screens broad US market and ADRs where information available for quality value stocks with a conservative bent. Looking for strong balance sheet, consistent growth record and those companies that are classic long term buy and hold candidates.
Screens on fundamentals and primarily uses significant secondary research, analyst reports, market research and news, to validate core quality group and gain picture of future cash flows.
Portfolio ranges between 5 – 20 positions. Reallocation to cash or re-investment depends on the sell signals. If selling on a fall, then a lower reallocation occurs. If selling to take profits a higher re-allocation occurs. Consequently the cash to equity ratio is being dynamically managed by the performance of the chosen basket.
Will sell all of a position in a stock on a significant price drop and will take profits in 15% increments on price appreciation over stages in order to lock in gains and moderately enjoy momentum rises.

None.


Risk rating

2
8.5%

Best 30 days

-11.6%

Worst 30 days

Performance

  • 5.8%
    30 day
  • 4.5%
    365 days
  • 34.5%
    Since Inception
    April 15, 2009
Monthly vs S&P500
Sparkbar Graph, Buy and Hold Value Investment Model Performance versus S&P500
1.0%

Last 12 months

  • $5,000.00 subscription min
  • 1.5% fee

Replicability

0.0%
90.3%
9.7%
100.0%
  • Non-replicable
  • Holdings
  • Cash
  • Replicable

Top 5 Holdings View all

6.1%
5.7%
4.8%
5.3%
4.8%
  • WPRT
  • TJX
  • LQDT
  • AAPL
  • CATM

Model commentary

  1. Dealing with volatility in my Buy & Hold model

    17 January 2012

    I will try to reduce the portfolio turnover and trading frequency in this model in 2012 by staying focused on longer-term performance.

  2. Healthcare investing in an election year 12 January 2012
  3. Why I bought Genesco 11 November 2011
  4. Looking to sell Amazon following its earnings … 27 October 2011
  5. These companies show fundamental and technical … 12 October 2011

show more


Performance detail

  • Manager
  • Dow Jones US Moderate Conservative
  • S&P 500
30D 90D 365D SI

Performance

Inception April 15, 2009
as of February 08, 2012 Manager Dow Jones US Moderate Conservative S&P 500 Average Subscriber
Past 30 days 5.8% 3.4% 5.4% 5.4%
Past 90 days 10.1% 5.2% 8.9% 8.5%
Past 365 days 4.5% 8.2% 1.9% 0.8%
Since Inception (Annualized) 11.1% 13.6% 17.7% -
2012 (YTD) 6.4% 4.1% 7.3% 6.0%
2011 -1.2% 5.1% -0.0% -4.5%
2010 6.9% 11.9% 12.8% 4.6%

Risk Metrics

Last 365 Days
as of February 08, 2012 Manager Dow Jones US Moderate Conservative S&P 500
Best 30 days 8.5% 5.8% 13.6%
Worst 30 days -11.6% -6.0% -16.7%
Volatility 16.6% 8.3% 23.2%
Sharpe Ratio 0.26 0.97 0.08
Sortino Ratio 0.36 1.31 0.10
Maximum Drawdown -15.1% -6.5% -19.4%
Value-at-risk (95%, 1 week) -3.8% -1.9% -5.4%
vs. Dow Jones US Moderate Conservative vs. S&P 500
Information Ratio -0.37 0.23
Alpha -8.7% 2.7%
Beta 1.76 0.64
R-Squared 0.78 0.82

Latest transactions view all

Average trades per month 6.3
Executed Symbol Security Replicable Type Price
02/03/12 INTC Intel Corp Yes Buy $26.68
02/03/12 COST Costco Wholesale Corp Yes Sell $85.26
02/03/12 HCP HCP Inc Yes Buy $41.52
02/03/12 JWN NORDSTROM INC Yes Sell $50.05
01/05/12 PII POLARIS INDUSTRIES INC Yes Buy $56.69
01/05/12 ABT Abbott Laboratories Yes Sell $56.42
01/04/12 HD HOME DEPOT INC Yes Buy $42.13
01/04/12 PRGO PERRIGO CO Yes Sell $97.03
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  • $5,000.00 subscription min
  • 1.5% fee

Important Information

1. Past performance is no guarantee of future results.

2. Performance of the model manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions, and broker commissions. Manager returns include trades that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More

3. Average subscription returns ("Avg Sub" or "Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active subscriptions to the underlying model. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More

4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.

5. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More

6. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.

7. All Model Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Model Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Model classifications (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.

8. Top Replicable Holdings: These securities are currently held in the model manager's brokerage account. Those marked as "Replicable Holdings" currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription holdings may vary.

9. Latest Transactions: These transactions were executed in the model manager's brokerage account. Those marked as "Replicable" () passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription trade activity may vary.

10. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P 500 Copyright © 2012.

11. Dow Jones index data: CME Group Index Services, LLC 2012


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