Robert Freedland Profile Picture Individual Investor

Robert Freedland

Ophthalmologist,Hospital and Health Care

  • EducationPrinceton University; University of California, Davis
  • QualificationsAB, MD
  • Investment ExperienceManaging own investments for 42 years, active stock blogger/podcaster for 7 years

Healthcare

My portfolio invests in healthcare-related stocks. It attemps to identify companies with reasonable valuations and good prospects for growth including ones that offer possible dividends to stockholders. These companies will range from drug, device, retail sales, electronic medical record, prescription services, and HMO/hospital companies. While emphasizing mid cap stocks, large cap and smaller capitalization companies may be included as well as emerging medical treatments/technologies.

Risk score

Risk Score 3
3
12.7%

Best 30 days

-12.7%

Worst 30 days

Performance

  • 2.3%
    30 day
  • 10.3%
    90 day
  • 37.2%
    365 day
    October 06, 2010
Monthly vs S&P500
Robert Freedland - Healthcare Monthly vs S&P500
21.5% 12 months
  • $20,000 investment min
  • 1% fee

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

6.8%
6.8%
6.8%
6.8%
6.3%

Portfolio commentary

  1. Lineup changes for the Growth and Momentum portfolio

    27 June 2014

    The portfolio has regained its footing.

  2. A Darwinian approach to investing 26 June 2014
  3. How to invest with emerging managers like an institutional investor 25 June 2014
  4. Global demand is lifting healthcare 24 June 2014
  5. Investing lessons from the biotech rout 11 April 2014

show more


Performance detail

  • Manager (net of fees)
  • S&P 500 Healthcare

Performance

Covestor inception October 06, 2010

as of July 24, 2014 Manager (net of fees) S&P 500 Healthcare S&P 500
Past 30 days 2.3% 2.6% 2.1%
Past 90 days 10.3% 8.7% 7.2%
Past 365 days 37.2% 24.9% 20.4%
Since Covestor inception (Annualized) 20.6% 22.9% 17.7%
2014 (YTD) 17.6% 12.9% 8.8%
2013 49.8% 41.5% 32.4%
2012 18.8% 17.9% 16.0%
2011 -7.4% 12.7% 2.1%

Risk metrics

Last 365 days

as of July 24, 2014 Manager (net of fees) S&P 500 Healthcare S&P 500
Best 30 days 12.7% 9.5% 7.9%
Worst 30 days -8.8% -6.1% -4.8%
Volatility 14.6% 12.4% 10.2%
Sharpe Ratio 2.54 2.01 1.99
Sortino Ratio 3.82 2.98 2.79
Maximum Drawdown -10.7% -7.0% -5.7%
Value-at-risk (95%, 1 week) -3.4% -2.9% -2.4%
vs. S&P 500 Healthcare vs. S&P 500
Information Ratio 1.65 1.74
Alpha 9.4% 12.3%
Beta 1.02 1.07
R-Squared 0.74 0.56
  • $20,000 investment min
  • 1% fee

Latest transactions View all

Average trades per month 9.2
Executed Symbol Security Replicable Type Price
06/19/14 CFN CareFusion Corp Yes Buy $43.76
06/16/14 COV Covidien PLC Yes Sell $91.43
06/11/14 IDXX IDEXX Laboratories Inc Yes Buy $132.31
05/05/14 BIIB Biogen Idec Inc Yes Buy $289.83
05/05/14 ANIK Anika Therapeutics Inc Yes Buy $47.19
04/30/14 CNC Centene Corp Yes Buy $66.30
04/29/14 BSX Boston Scientific Corp Yes Sell $12.79
04/25/14 BIIB Biogen Idec Inc Yes Sell $289.48

Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the portfolio 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 and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the average, time-weighted returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio 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. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Transactions that are 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 investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.