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Portfolio holdings 6-23-17

Protected: Portfolio holdings 6-23-17

The Fund is up 5.66% MTD before fees and up 16.56% YTD versus the S&P 500 up 0.94% and 8.76% for the same periods before dividends. These are unofficial results as the official ones are provided by Fund Associates.  The Fund is 122.3% net long.  As mentioned earlier by mail, The Fund is ending all discounted brea

Symbol Description Market Value (Acct) % HldgTTD The Trade Desk Inc Cl A…

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Stock Picking Is Dying Because There Are No More Stocks to Pick - MoneyBeat - WSJ

Stock Picking Is Dying Because There Are No More Stocks to Pick – MoneyBeat – WSJ

Out of the 3600 or so publicly traded companies there are even less that have management buying a significant amount of their own stock.  We estimate this universe at The Insiders Fund to be just 250-300 during the last year.

  Source: Stock Picking Is Dying Because There Are No More Stocks to Pick – MoneyBeat – WSJ

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Portfolio holdings 6-16-17

Protected: Portfolio holdings 6-16-17

The Fund is up 2.49% MTD, 13.06% YTD and 32.39% trailing 12 month return.  These are unofficial results as Fund Associates provides the official ones of the Fund.  We raised a lot of cash this

week and have gone from a leveraged position to just 41% net long. We remain constructive on the market and look forward to deploying the cash. The positions are as follows:

Symbol Description Position Q…

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Dorian LPG 10 point checklist $LPG

Dorian LPG 10 point checklist $LPG

We analyzed Dorian LPG based on recent insider activity and depressed valuation for a buy-side opportunity.  Our results are as follows with a buy signal of 4, relatively weak. It will be interesting to see how it reacts to earnings Wednesday, June 14th, 2017.

Chart- Bullish Divergence on the RSI +1

Analysts-Analysts have graded Dorian LPG Inc. with four buy and four hold ratings. It is worth…

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Portfolio holdings 6-9-17

Protected: Portfolio holdings 6-9-17

The Fund is up 1.98% MTD, 13.85% YTD, and trailing 12 months over 33%.  These are unofficial numbers as Fund Associates provides the official ones. The Fund is 149% long, 6.3% short for a net long exposure of 143%. The outsized position in WFC is a trade into the potential rate hike next week.  The positions are as follows:

Symbol Description Position Quantity Market Value (Acct) % HldngWFC…

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CEO's Who Buy Their Own Stock

CEO’s Who Buy Their Own Stock

As the summer draws closer, we could probably forgive some chief executives for making long, lingering looks out the window.

Vacation plans must be scheduled. There are people to see, socially. And for the business? It’s going well enough. The market’s been on a rampage. It can go on autopilot a few months, can’t it?

Yet as the weeks ticked down to Memorial Day weekend, some CEOs bucked the edict…

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Interesting insider buys from the past week ending 6-2-17

Interesting insider buys from the past week ending 6-2-17

Advanced Auto Parts, AAP  had a dismal week dropping from an already depressed price of $150 to $133.63 as of Wednesday close.  That did not dissuade CEO Thomas Greco from spending $2.2 million to purchase 16,000 more shares.  Greco has been a steady buyer over the last year purchasing over $ 5 million worth of stock, to date losing money on every purchase.  Hedge fund titan Starboard Value…

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Portfolio holdings 6-2-17

Protected: Portfolio holdings 6-2-17

The Fund is up 2.74% MTD, 14.74% YTD vs S&P up 8.94% YTD.  These numbers are unofficial and are before fees for May and June.  Fund Associates provides the official numbers for the Fund. The Fund is 125.4% long, 8.2% short for net long of 117.2%  The positions are as follows:

Symbol Description Position Quantity Market Value (Acct) % HldngQCOM Qualcomm Inc Long 18,522 $1,085,018.76 16.4%…

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VIX Options

With volaitlity as low as it is, it may now be a good time to hedge a portfolio against some unknown risk such as a geopolitical event, oil shock, sun spot satellite communications breakdown, or financial meltdown to loss of internet or trust in digital transactions.  One good way to do that is to buy long dated call options on the VIX.   All insurance costs something and stock market portfolio…

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Bitcoin and Tech Stocks: A 21st Century Tulipmania? - Barron's

Bitcoin and Tech Stocks: A 21st Century Tulipmania? – Barron’s

What’s striking is the role played by the biggest technology leaders, again reminiscent of the dot-com era. According to Bespoke Investment Group, Apple (AAPL), Facebook (FB), Amazon.com (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) accounted for 4.6 of the 7.89 percentage-point gain this year in the S&P 500. Through Thursday, S&P data maven Howard Silverblatt calculated, the top 15 S&P 500…

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Portfolio holdings 5-26-17

Protected: Portfolio holdings 5-26-17

The Fund is up 5.86% MTD, 12.54% YTD and 26.58% for the past 12 months versus the S&P 500 up 1.22%,7.93% and 17.17% for the same time perio

Symbol Description Position Quantity Market Value (Acct)QCOM Qualcomm Inc Long 18,522 $1,065,385.44 KITE(0) Kite Pharma Inc Long 9,619 $710,844.10 SYF Synchrony Finl Long 25,000 $684,250.00 STX Seagate Tech Long 14,000 $595,280.00 ADI Analog Devices Long…

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Venture Funds Flood Startups With Cash - WSJ

Venture Funds Flood Startups With Cash – WSJ

Venture Funds Flood Startups With Cash Investments in first quarter rose 37% from the previous period, to $14.5 billionInstacart employees fulfill orders for delivery at a Whole Foods store in Los Angeles. The company raised $400 million in the first quarter.

Investors injected $14.5 billion into U.S. venture-backed startups in the first quarter, up 37% from the previous period, according to data…

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Portfolio holdings 5-12-17

Protected: Portfolio holdings 5-12-17

Symbol Description Position Quantity Market Value (Acct) Average Price Last QCOM Qualcomm Inc Long 15,865 $877,651.80  54.51772 55.32 FB Facebook Inc Long 5,800 $872,030.00  150.0926 150.35 ADI Analog Devices Long 8,600 $676,218.00  77.58539 78.63 FLT Fleetcor Technologies Inc Long 4,250 $588,327.50  138.64746 138.43 KITE(0) Kite Pharma Inc Long 6,119 $461,556.17  72.66522 75.43 BCO(3) The…

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1st Quarter 2017 Partner Letter

1st Quarter 2017 Partner Letter

1st Quarter 2017 Partner Letter

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Portfolio holding 5-1-17

Protected: Portfolio holding 5-1-17

The Fund is 133% net long and up .0.21% MTD.  The positions are as follows:

Symbol Description Amount % Hldg

COTY

Coty Inc

$841,974.48

13.6%

DAL

Delta Airlines Inc

$680,700.00

11.0%

ADI

Analog Devices

$544,144.00

8.8%

BCO

The Brink’s Co

$516,800.00

8.4%

TGI

Triumph Grp

$435,946.75

7.1%

AAPL

Apple Inc

$367,000.00

5.9%

VSTO

Vista Outdoor Inc

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For Senior Citizens, the Future of VR Lies in the Past | WIRED

For Senior Citizens, the Future of VR Lies in the Past | WIRED

Source: For Senior Citizens, the Future of VR Lies in the Past | WIRED

  Chips, chips, and more chips.  I’ve heard it said recently that we are living in the golden age of microchips.  I believe that.  The PC may be in secular stagnation but there is a whole new world of autonomous driving, internet thing of things, cloud storage, and even VR wherever that path may take us.

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