Jamie Leinhardt
๐Ÿ”ธ ๐— ๐—ข๐—ก๐—ง๐—›๐—Ÿ๐—ฌ ๐—จ๐—ฃ๐——๐—”๐—ง๐—˜ ๐Ÿ”ธ ๐— ๐—ผ๐—ป๐˜๐—ต ๐Ÿฎ๐Ÿต โ€“ ๐—ฆ๐—ฒ๐—ฝ๐˜๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ The S&P 500 fell 4.9% in September. This is the index's worst performance this year. However, the market is still up 12% year to date, recovering from the decline in 2022 The Nasdaq 100 ($NSDQ100) fell over 5%, which is also the worst performance seen this year, but it's up a much more impressive 36% year to date. By comparison, our portfolio declined 6.4%, the worst performance since September last year and underperforming our benchmark, $SPX500 Year to date we're up 18%, so weโ€™re still ahead of our benchmark over a longer time period. October has historically been a much better month for our portfolio - hopefully this year will be no exception, although the first few days of October are not looking great so far. Our largest detractor was Nvidia, followed by Hermes, which is not a surprise as these are our two largest positions. Our best performing stock was Costco, which was slightly up on the month, followed by Synopsys which was flat. September performance: Performance of our portfolio: -6.36% ๐Ÿ”ด Performance of the ๐—ฆ&๐—ฃ ๐Ÿฑ๐Ÿฌ๐Ÿฌ: -4.87% ๐Ÿ”ด Performance of the ๐—ก๐—”๐—ฆ๐——๐—”๐—ค ๐Ÿญ๐Ÿฌ๐Ÿฌ: -5.07% ๐Ÿ”ด ๐—Ÿ๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐— ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€: Top contributors: $COST (Costco Wholesale Corp) (slightly up), $SNPS (Synopsys Inc) (flat on the month) Top detractors: $NVDA (NVIDIA Corporation), $RMS.PA (Hermes International), NIBEB.ST Iโ€™ve included a chart displaying the current composition of the portfolio as at the end of 30th September 2023. The monthly factsheet is also available on my website: www.jamiemarc.com/factsheet.php Regards, Jamie
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