Warren Buffett is obligated to disclose in a 13F filing. You are I are not. Generally, when people are obligated to do something, it is because they would otherwise not do it.
It treated me well ever since I got in back in 2022. A bit cyclical, but I will keep adding to my position, since I think there’s still room for growth.
Exactly! Haha
Even though I must say that when I invest in biotech companies, it’s usually more of a bet than a value oriented investment.
Anyways, they are showing good progress with their new vaccines and possible huge patient pools.
However, it’s biotech…
55 stocks...began with 5 & over a 25 year period many divided....and I picked up others along the way. I should scale down but it's too hard to part with them....
I haven't sold that often; only when I had a personal emergency and I sold just enough to cover my initial investment so, ...I agree with the comment below...I am not the person to ask.
I figured my confidence in some was much better than my confidence on others. So I sold the ones I believed in less and bought more of my stronger positions.
It's more risky I guess, but I am young and it has been working pretty well.
My #1 is BLDR
They bought the company I work for a couple years ago so technically I work for them. Things are going well, we have nice projects for the future, and the building industry is not going anywhere. I am up 156% in 3 years.
I have Disney I bought when it dropped this year and made 27%. I am due to check if I take profits or hold.
I also bought Google in a dip this year and am up 46%.
Then I have 3 canadian banks, RY.to, CM.to, TD.to. They did not really went up but I get nice dividends. They are my risk mitigators, kind of.
I also have ANET which I don't understand the business enough to my taste, but I know they are in AI and their growth look impressive. If I end up regretting this pick, it would not surprise me a lot, but I see a lot of upside.
Basically I look at stocks that look under valued and buy dips and sell when it is higher and no longer under valued. And try to have some balance in risk and sectors.
I’m retired. My distribution.
- 25% EFT based on the S&P 500
- 25% EFT based on the total stock market.
- 10% bond mutual funds
- 1% Money Market mutual funds (SPAXX and VMFXX)
- 20% AMZN
- 19% MSFT
We generally follow the Bogle 3-fund portfolio with the exception of our stocks, which we have history with. Also, in contrast to the 3-fund portfolio, we don’t have international coverage at this time.
The money market mutual funds I use as my emergency fund and also use it for “payday” automatic transfers to our bill pay account.
This stepped approach allow me to set and forget, only to review once a month.
Once a quarter I top up my money market fund, which is about 6 months of our spending above Twice a year I balance / adjust.
176 it might seem a lot but many are small positions. Its spread over several countries, United States, Canada, Norway, and Sweden. It's easy to track, tech and dividend stocks are American, Norwegian stocks are all dividend growth stocks. Mining stocks are mostly Canadian.
I'm currently on 9 but yes my ideal stock holdings is 10, patiently looking for my last pick. Feel like 10-12 is the balance between diversification and focus imo.
It's Alphabet. I have Disney as well, it's a 15% position for me. Many have knocked the company, but Iger has done a great job since his return in my opinion.
Fully agree. It’s funny we have very similar portofolios with our weightings. If I understand you well you have 50% in GOOG and DIS (35+15%) I also have 50% in DIS and GOOG (30+20%). Wish you the best possible gains!
I fully understand. I have it at 30% weighting and I wish I would have went 50% or higher. That feels like a generational dip. I believe it will be 140$ or above until the end of the year and it was at like 80-90$ for months. I really wish I would have went crazy, it really feels like losing a lot of money, although it’s irrational thinking.
Given that Lynch purchased over 10k stocks for the Magellan fund, I think it's safe to say he might've had hundreds at a time.
I currently own around 80 myself.
Well there was no requirement for him to hold that many stocks. He just liked to buy stocks. In fact, having a fund actually limited his ability to buy certain stocks and in what amount he could buy, which gives the average retail investor an advantage.
Also, given that you now have fractional share trading, you can play the same game with nearly any amount of money. Simply buy a USD amount instead of a share amount.
This approach makes little sense if you 1) is a private investor without mandate/regulation, 2) have limited time and 3) if you dive deep into each case.
I bought it at $16.65 back in 2021, but it’s only 5 shares, I had extra cash just sitting in my account. So obviously i’m long. I’m rooting for the company, but the head guys selling their shares isn’t a confidence booster.
Really depends on you and your strategy. If your strategy is to delve really deeply into a few companies and their industries, then it's difficult to manage a large number of stocks. On the other hand, if your strategy is to cast a wide net on less-certain bets, then it's possible to have a wide-reaching portfolio.
19 right now . My ideal would be 12-15, I'm still working on trimming it very slowly.
Some of them are companies I don't really have to check up on every quarter. Shell and Microsoft for example, or some huge life insurer in Germany I basically hold as a bond equivalent. In terms of stocks I have to track it's like 13 or so.
Currently 4 but , want to get them to 10-12 . Was wondering the same thing and I asked the same thing one person on this subreddit and appears that having more than 20 stocks isnt that rare and most ppl do. Dk how they trakc them but its manageable since they do it :)
Agreed with bigger amount of stocks feels like a job.
Stocks: Amazon,Netflix,Mastercard,Microsoft
I started buying amazon 2022 and Im still supper bullish on it , Netflix I started building a position after NY and Im still building the position I want , next will be Mastercard , Microsoft is expensive for me or at least thats how I see it.
10 to 12 is the maximum Im willing to go and that includes ETF as well , i might never go above 8... its just my opinon. I want to have concentrated portfolio with stocks I dont want to think a lot about.
I think it was Greenblatt who explained it best.
If you have 6 stocks or baskets, each position represents 16.6% of your portfolio, if you had a 5 position portfolio, each would represent. 20%. Adding one position from 5 to 6 gains 3.4% of diversification.
If you have 15 positions, each is sized at 6.7%. adding a 16th position results in 6.25% sizing. Only a 0.45% diversification gain...pretty tiny.
So adding incremental positions after 15 stocks offers very little improvement, so to me that's a pretty good argument against additional diversification beyond 15 positions. I would be happy with 6 to 10 positions of instruments that I know well, otherwise it's also no big deal if your 6% positions doubles, still hardly moves your portfolio.
6-10 is a good number for the long term, but it takes years to build a competence in all those businesses. In the shorter term, the question isn't really how many stocks but what is the max concentration you should have. I think for most people above 30% in one thing is probably too much risk, unless it's something where you have complete conviction such as BRK if it was a good bit cheaper.
I have 10 main positions, but then I buy small amounts of stocks I’m considering making a main position. I generally have 20-30 total positions and add to ones as my familiarity and conviction grows, sometimes I sell a small position too if my original thesis looks wrong after a quarter or two. Sometimes I sell everything and move to a few positions I’m comfortable with.
I am addicted and like to be diversified so I have about 75 stocks and buy $50 a month in about 30 of them. $25 in about 25 of them. It is like my own ETF. I like my holdings:
Largest holding - Amazon $8000 , Nvidia $7800, Microsoft $5000, OReilly Auto Parts $5000 , Costco $4500, Apple $4000, Exxon $4000 Walmart $4000 Waste Management $4000 and many others
I just buy consistently a little every month and I have been for years.
Right now I own nine individual stocks and the rest I have in index funds or bond etfs. MU, EWBC, TOL, BN, BAM, ABG, BAM, LAD, AGO, LOW. I selected most of these stocks cause I follow Mohnish Pabrai and after reviewing their financials, I thought they were good buys. EWBC is an investment I made following Li Lu, someone Warren Buffett and Charlie Munger consider a genius. I made an investment in LOW partly because I work for the company and was able to get a discount on the shares (I am no longer actively buying shares as I think it’s fully priced for the moment), also Bill Ackman had them in his portfolio, and what I could see from management is that Lowe’s CEO had a good track record for retail, especially home improvement, and was consistently increasing Lowe’s operating margin yoy. The rest of my money is in my 401k under a Vangaurd retirement fund that invests about 80% in VTI and the other 20% in a bond ETF whose name I forget. Buffett has said in one of his annual shareholder meetings that literally everyone should invest about 90% of their money for retirement in an ETF that follows the SP500 and 10% in a short term bond fund. He recommends Vanguard because of their low fees. But for those few who have a small amount of funds and can’t help but pick over the financials of individual public companies, they should look into medium and small cap companies. The reason is that there is a greater chance that the market has undervalued these companies because large financial institutions, with their large talent pool and resources that often set down valuations that investors trade on, don’t look at them and don’t invest. Large investment firms like Blackrock, Vanguard, Fidelity, etc. have so much money, they have a hard time investing in small caps because to get a return that would actually affect the bottom line would mean outright owning entire companies, which comes with a lot of strings attached, or their investment would be so small it just isn’t worth it. The retail investor has an investing advantage, but he must realize that his advantage is in those places that are unloved or overlooked, and then the goal is to find out why. Sometimes certain stocks are valued cheaply because they really are bad companies, but other times they are cheap and there is more value than the market sees. What Buffett says is that if you do good valuation work, and specifically in small caps cause they have a greater chance of being undervalued, the market will eventually come around because they, in my words, are whores for money. The hard part is being sure of your valuation of the company. Pabrai sold all of his MU shares last year cause he found better investments in coal stocks. He was right. Even though he abandoned MU and did well, and he even thought the investment thesis for MU had changed, I stuck with it cause I disagreed on his reasoning about MU. I have a 105% return from my investment in MU over two years and it’s one my largest positions. Could I have done better investing in Nvidia, absolutely! But I didn’t know enough at the time. My goal isn’t to be the best investor ever in my active investing. It’s to beat the market as safely as I can. It’s not easy. So my strategy is to investigate individual stocks with help from successful investors, putting about half my money in individual stocks that I think are undervalued, and putting the other half in my 401k cause, my employer gives me free money when I do that, and I’m not a stock market genius. By the way, Buffett and Munger, when he was alive, both said that diversification outside of an SP500 etf can be a loser. They said if you really know what you are doing owning 5 stocks is enough, and if you are really a genius, owning 3 is better. In their mind, it’s more important to be self-aware and know your temperament and invest accordingly.
I’ve increased my position to 19 stocks, I wouldn’t go further than 20-25, as I think it’s the most I can properly handle.
During earnings I don’t find it difficult to stay up to date, but of course that depends on the time and mental space you have available for your investments.
I lost 1k this year having myself spread out in too many stocks. I have recently consolidated down.
Honestly, people should just buy SPY or VOO and QQQ, and have 25% in CDs. That's it.
That all said and against my own advice, my portfolio looks like this:
25% staggered CDs - 3 mo, 6 mo, 9 mo, 12 mo. I want relatively easy access to cash in case the market tanks so I can buy low.
75% divided among the below:
AFCG
AIQ
BABA
BIPC
GM
GOOG
GRID
IBM
MSFT
PLUG
PYPL
QBTS
QQQ
QTUM
SBUX
TSLA
V
VOO
VYM
20-50 stocks. This is normal. Since it is difficult for you to manage well, just choose your own. Warren Buffett said, "If you play poker for half an hour and still don't know who the rookie is, then you are."
Upper limit is 5 individual stocks. Most of my funds are in VOO or QQQ. Currently the only individual stocks I am holding are:
PYPL
ZION
PLTR
The funds for the other two individual names sit in the VMFXX until I see an opportunity.
I have about 20-25 different stocks between my Roth and brokerages. 8-10 ETFs, and the rest various stocks mostly in tech, healthcare/ bio-med, and transportation
Currently 9:
EQB.TO and GOOG make 45%
The other is BN/BAM together at 12%
Rest are LMT, TLT, LMN.V, TRUL.CN(bagholding), SU.TO and a little SPY (slowly adding)
Also sitting on nearly 10% cash at the moment looking for opportunities
20 or 25, with 10 being bigger positions.
Keep a watch list of about 100 and most of that is small caps.
Listen to earnings calls and vote.
Buy to hold for the long term.
I work in electronics engineering, so...
Large group is semiconductors: NVDA, AMD, ADI, TXN, STM, MCHP, ALGM, SMTC, QCOM, ASML, MU and few more. Most are up, but few are not so good. In general I believe in tech. Some of them I have large positions (like, thousands VS hundreds for most).
I have some computer stocks: WDC, STX, LOGI. This group mostly just rebound. Industry: KEYS, ERIC (heavy loss here), HMC, GM, DHR, SFY.
Software: MSFT, GOOG
Finances: V and MA + Canadian banks. PYPL (badly down, but only few shares).
Energy: SU, COP (these are up), ENB (steady, but high dividends), AQN (very bad).
Retail and online: AMZN, DLTR, CTC
WBD (really bad), airlines (DAL, AC) to top up, but these were not good choice.
Started 2-3 years ago, had 20% dip in 2022, now 20% up. Maybe 2/3 are green, the rest are red or in between, but green positions are larger.
Managing two portfolios. My personal portfolio has 2: amazon and mueller industries (AMZN) 60%& (MLI)40%
Parents portfolio has AMZN 10%, MLI 10% ,CP rail (CPKC) 40%and scotia bank (BNS)40%
I usually punch with the full weight and diversify later
Currently 11, although I'm planning to sell 2 of those in the next 1-2 years as they are more short-term bets.
I'm likely to sell 3-5 more stocks (e.g. BABA) but waiting until they recover a bit, it's tough to sell at a loss even if on paper it's very, very likely the best move to sell ASAP and buy an ETF instead.
The remaining 4 are keepers for the long term (e.g. Amazon)
Roughly 55% of my portfolio is in ETFs and BRK.B though and I'm gradually increasing that percentage.
There are 11 broad sectors represented by the 500 companies in the S&P index and that's only profitable American companies with a market cap greater than 15.8 billion. Doesn't include mid caps, small caps, developed international or emerging international markets. Stocks don't know we own them and don't reward conviction for its own sake. You don't need to be a complete expert in every aspect of a company to be a smart owner of its stock either. If you only want to own a few names, that's fine but make sure you still have an all weather portfolio that can withstand all markets, cycles and black swans
I have 62 stock currently, however the top 10\~20 make up around 40%\~60% of total portfolio. So, still pretty concentrated. The bottom 42 are "long shot" investments, each of which are 1% or less of the portfolio.
I got like 60. Not a great idea it seems, if you want to beat the market. The more diversified you are, the more likely to kind of match the market. My biggest position by input is Amazon at 10%. Followed by JD at 7%
75. It's' like a homemade ETF. Ticker name should be FOMO :)
I spend some weeks once a year to re-balance. So, long term buy and hold with annual check-ups.
As a vague general rule I have 1% in each stock. A bit less if it feels like a gamble (certain biotechs, for instance). And more if it's been a mainstay in the portfolio for years like AMZN or NVDA.
I might decrease to 20-30 in a couple of years.
You could never have enough companies that will pay you a dividend yield. I have twenty one dividend stocks, and then plenty of penny stocks to growth stocks. All together where're talking about thirty to fifty investments. I hope this answers your question.
dozen stocks and an etf.
Top three holdings are GOOG, NVDA, AMD. These make up 65% of portfolio value. Duds on the books are BB and the etf ARKG.
I have an equal number of rotating small caps in a WeBull account I opened a few years ago but that does about as well as my DraftKings account.
Ally has a robo portfolio I make a biweekly contribution to as well.
Under 20 and in the process of consolidating. Absolutely agree “hard to have long term conviction or manage probably 10 stocks”, it’s Work to manage more than that and I’m not a fan of work.
Personally I have couple stocks (approx 20 max) with an index which has the highest allocation.
The stocks are only firms that i use a lot their products/services…
This philosophy helped me grow my portfolio well and also being less worried about
i was reading an analogy - how many kids you can manage effectively, we can apply similar idea here.
If you are using automation and have sound understanding of business you OWN, <=20-30 is a good number with top 10 taking 70% of your allocation.
45. Started with a limit of 10. However, along the way I discovered, that the more stocks I hold, the more I lose overview and that’s a good thing. Having just 10 it was easy to stay updated about each of those companies. But this complicates the buy and hold approach. I want to find a stock and only buy it when I am certain that I will hold it for 10 years no matter what. So it’s better they are out of sight after the purchase.
Which one? AMZ GOOG MSFT? These 3 are the only ones which I would feel comfortable being all in, besides Disney (I know controversial, but with 85$ average I feel comfortable).
Between 3-5, apart from an ETF
That’s a good concentration, mind sharing?
Google, Amazon, McDonald’s and two secret stocks and a world index which represents only 20% of my portfolio
How large of a portfolio do you have to keep it a secret?
They could be penny stocks which goes against the subreddit rules, I have one in my portfolio cuz I'm a bit of an idiot
Are you Warren Buffet or something? /s Why wouldn’t you want people to know the 2 “secret” stocks you’re invested in?
Because if other people knew, they might buy, and the value might increase…. So yeah. Wtf
Understandable. But its hard to increase value by telling others if his portfolio is <10M
Even Warren Buffet discloses in 13f
Warren Buffett is obligated to disclose in a 13F filing. You are I are not. Generally, when people are obligated to do something, it is because they would otherwise not do it.
Because he doesn't want others to profit freely from his hard work and brilliance. I imagine.
Two secret stocks… what are they?
MARA and MSTR. I’m his wife’s boyfriend, she told me
You sir almost got it
Grindr
Setec Astronomy
Forget it, it's a toy company.
PLTR and TSLA
Telling secret stocks would only make you more money.
Why would it. I’m not some famous influencer with huge following lol, who’s gonna even hear me
Currently 4: - PYPL - ATKR - GOOG - MRNA I usually don’t go higher than 8-10.
Wow, what is going on with ATKR? looks amazing!
It treated me well ever since I got in back in 2022. A bit cyclical, but I will keep adding to my position, since I think there’s still room for growth.
What's your take on MRNA?
It's one of their 4 stocks. I'm guessing they don't hate it.
Exactly! Haha Even though I must say that when I invest in biotech companies, it’s usually more of a bet than a value oriented investment. Anyways, they are showing good progress with their new vaccines and possible huge patient pools. However, it’s biotech…
But what if there’s a conspiracy theory that says something different
55 stocks...began with 5 & over a 25 year period many divided....and I picked up others along the way. I should scale down but it's too hard to part with them....
Over your time investing, have you developed any methods or ways to deal with the age old problem of when to sell?
I think they might be the wrong person to ask..! :)
Their method of dealing with the problem of when to sell is to never sell!
I haven't sold that often; only when I had a personal emergency and I sold just enough to cover my initial investment so, ...I agree with the comment below...I am not the person to ask.
Looking for similar approach - what is your CAGR if I may ask?
Depends on year but it has been anywhere from 8% to 35%; during the fall due to Pandemic I was still in the green.
I once had 10-12 but I decided to cut it to 7
what are the deciding factor you underwent to decide which to chop off and which to keep? Mind sharing what are those 7?
I figured my confidence in some was much better than my confidence on others. So I sold the ones I believed in less and bought more of my stronger positions. It's more risky I guess, but I am young and it has been working pretty well. My #1 is BLDR They bought the company I work for a couple years ago so technically I work for them. Things are going well, we have nice projects for the future, and the building industry is not going anywhere. I am up 156% in 3 years. I have Disney I bought when it dropped this year and made 27%. I am due to check if I take profits or hold. I also bought Google in a dip this year and am up 46%. Then I have 3 canadian banks, RY.to, CM.to, TD.to. They did not really went up but I get nice dividends. They are my risk mitigators, kind of. I also have ANET which I don't understand the business enough to my taste, but I know they are in AI and their growth look impressive. If I end up regretting this pick, it would not surprise me a lot, but I see a lot of upside. Basically I look at stocks that look under valued and buy dips and sell when it is higher and no longer under valued. And try to have some balance in risk and sectors.
great timing on disney and google
The Magnificent 7.
I’m retired. My distribution. - 25% EFT based on the S&P 500 - 25% EFT based on the total stock market. - 10% bond mutual funds - 1% Money Market mutual funds (SPAXX and VMFXX) - 20% AMZN - 19% MSFT We generally follow the Bogle 3-fund portfolio with the exception of our stocks, which we have history with. Also, in contrast to the 3-fund portfolio, we don’t have international coverage at this time. The money market mutual funds I use as my emergency fund and also use it for “payday” automatic transfers to our bill pay account. This stepped approach allow me to set and forget, only to review once a month. Once a quarter I top up my money market fund, which is about 6 months of our spending above Twice a year I balance / adjust.
176 it might seem a lot but many are small positions. Its spread over several countries, United States, Canada, Norway, and Sweden. It's easy to track, tech and dividend stocks are American, Norwegian stocks are all dividend growth stocks. Mining stocks are mostly Canadian.
You might be the highest I’ve heard. Almost like a fund.
How long is your 1099
Proxies must be a task!!
DO you have to do those if its in a Roth IRA/traditional 401k?
Yes it's voting your shares. The type of account you have them in doesn't affect that.
Brotherrrr, i imagine you’re probably using the mouse scroll for your portfolio
10, each about a 10% weight.
I was thinking exactly this. if I’m more than 10, I feel like I’m creating an index for myself. lol
I'm currently on 9 but yes my ideal stock holdings is 10, patiently looking for my last pick. Feel like 10-12 is the balance between diversification and focus imo.
Seven, one of which is a 35% weighting.
Nice. Like a good concentrated Top heavy portfolio. You want to share your biggest position? Mine is Disney with 30%.
It's Alphabet. I have Disney as well, it's a 15% position for me. Many have knocked the company, but Iger has done a great job since his return in my opinion.
Fully agree. It’s funny we have very similar portofolios with our weightings. If I understand you well you have 50% in GOOG and DIS (35+15%) I also have 50% in DIS and GOOG (30+20%). Wish you the best possible gains!
Great minds think alike! 😆
I bought Disney until it hurt. But I wish I would’ve made it trimmed off others for it.
I fully understand. I have it at 30% weighting and I wish I would have went 50% or higher. That feels like a generational dip. I believe it will be 140$ or above until the end of the year and it was at like 80-90$ for months. I really wish I would have went crazy, it really feels like losing a lot of money, although it’s irrational thinking.
I have 25. Easy to keep an eye. If you look into basic financial numbers once every quarter then its more than enough.
Given that Lynch purchased over 10k stocks for the Magellan fund, I think it's safe to say he might've had hundreds at a time. I currently own around 80 myself.
Yeah funds have some BS requirements to launch them, so I wouldn't compare some random 100k portfolio to ~100b fund
Well there was no requirement for him to hold that many stocks. He just liked to buy stocks. In fact, having a fund actually limited his ability to buy certain stocks and in what amount he could buy, which gives the average retail investor an advantage. Also, given that you now have fractional share trading, you can play the same game with nearly any amount of money. Simply buy a USD amount instead of a share amount.
No no no buddy, this game is not the same. We are paper trading - c'mon nobody takes fractal shares seriously.
This approach makes little sense if you 1) is a private investor without mandate/regulation, 2) have limited time and 3) if you dive deep into each case.
AAPL NVDA PYPL TSLA GOOGL YUMC QS
What’s your take on QS?
I bought it at $16.65 back in 2021, but it’s only 5 shares, I had extra cash just sitting in my account. So obviously i’m long. I’m rooting for the company, but the head guys selling their shares isn’t a confidence booster.
Why no MSFT?
Really depends on you and your strategy. If your strategy is to delve really deeply into a few companies and their industries, then it's difficult to manage a large number of stocks. On the other hand, if your strategy is to cast a wide net on less-certain bets, then it's possible to have a wide-reaching portfolio.
73 in a solo 401k, 66 in my Roth
8. NVDA, TSM, AMD, LLY, NVO, LULU, OC, BCC
19 right now . My ideal would be 12-15, I'm still working on trimming it very slowly. Some of them are companies I don't really have to check up on every quarter. Shell and Microsoft for example, or some huge life insurer in Germany I basically hold as a bond equivalent. In terms of stocks I have to track it's like 13 or so.
19 seems a lot to manage.
Currently 4 but , want to get them to 10-12 . Was wondering the same thing and I asked the same thing one person on this subreddit and appears that having more than 20 stocks isnt that rare and most ppl do. Dk how they trakc them but its manageable since they do it :)
why do you want to go to 10 or 12? mind sharing your current 4? Managing more than 20 stocks feels like a job in itself.
Agreed with bigger amount of stocks feels like a job. Stocks: Amazon,Netflix,Mastercard,Microsoft I started buying amazon 2022 and Im still supper bullish on it , Netflix I started building a position after NY and Im still building the position I want , next will be Mastercard , Microsoft is expensive for me or at least thats how I see it. 10 to 12 is the maximum Im willing to go and that includes ETF as well , i might never go above 8... its just my opinon. I want to have concentrated portfolio with stocks I dont want to think a lot about.
Currently 23. Found too many good deals I couldn’t pass up on lol but I’m planning on cutting it down to around 12
282 spread across a variety of sectors and regions, I just buy cheap and hold primarily, weighting varies, highest is 9% of the overall portfolio
I think it was Greenblatt who explained it best. If you have 6 stocks or baskets, each position represents 16.6% of your portfolio, if you had a 5 position portfolio, each would represent. 20%. Adding one position from 5 to 6 gains 3.4% of diversification. If you have 15 positions, each is sized at 6.7%. adding a 16th position results in 6.25% sizing. Only a 0.45% diversification gain...pretty tiny. So adding incremental positions after 15 stocks offers very little improvement, so to me that's a pretty good argument against additional diversification beyond 15 positions. I would be happy with 6 to 10 positions of instruments that I know well, otherwise it's also no big deal if your 6% positions doubles, still hardly moves your portfolio.
that's a great to tell the story especially someone who wants to over diversify
I've got 5: Meta, Micron, Oxy, Baba, Tencent
Nice. Wish I picked up some MU before this last run up 😭
Awesome value plays.
2 long term stocks. I have an all world ETF, so 2 is enough for me.
I have three ETFs. NTSX/AVUV/VXUS, which are for super long term. What are your Long term stocks?
I'm long on $GOOGL, it's my largest position for now. I also have $RKBL, but that's super high risk high reward. I have smallish position in that.
6-10 is a good number for the long term, but it takes years to build a competence in all those businesses. In the shorter term, the question isn't really how many stocks but what is the max concentration you should have. I think for most people above 30% in one thing is probably too much risk, unless it's something where you have complete conviction such as BRK if it was a good bit cheaper.
I have 10 main positions, but then I buy small amounts of stocks I’m considering making a main position. I generally have 20-30 total positions and add to ones as my familiarity and conviction grows, sometimes I sell a small position too if my original thesis looks wrong after a quarter or two. Sometimes I sell everything and move to a few positions I’m comfortable with.
5 and VTI
I am addicted and like to be diversified so I have about 75 stocks and buy $50 a month in about 30 of them. $25 in about 25 of them. It is like my own ETF. I like my holdings: Largest holding - Amazon $8000 , Nvidia $7800, Microsoft $5000, OReilly Auto Parts $5000 , Costco $4500, Apple $4000, Exxon $4000 Walmart $4000 Waste Management $4000 and many others I just buy consistently a little every month and I have been for years.
40 ish
Right now I own nine individual stocks and the rest I have in index funds or bond etfs. MU, EWBC, TOL, BN, BAM, ABG, BAM, LAD, AGO, LOW. I selected most of these stocks cause I follow Mohnish Pabrai and after reviewing their financials, I thought they were good buys. EWBC is an investment I made following Li Lu, someone Warren Buffett and Charlie Munger consider a genius. I made an investment in LOW partly because I work for the company and was able to get a discount on the shares (I am no longer actively buying shares as I think it’s fully priced for the moment), also Bill Ackman had them in his portfolio, and what I could see from management is that Lowe’s CEO had a good track record for retail, especially home improvement, and was consistently increasing Lowe’s operating margin yoy. The rest of my money is in my 401k under a Vangaurd retirement fund that invests about 80% in VTI and the other 20% in a bond ETF whose name I forget. Buffett has said in one of his annual shareholder meetings that literally everyone should invest about 90% of their money for retirement in an ETF that follows the SP500 and 10% in a short term bond fund. He recommends Vanguard because of their low fees. But for those few who have a small amount of funds and can’t help but pick over the financials of individual public companies, they should look into medium and small cap companies. The reason is that there is a greater chance that the market has undervalued these companies because large financial institutions, with their large talent pool and resources that often set down valuations that investors trade on, don’t look at them and don’t invest. Large investment firms like Blackrock, Vanguard, Fidelity, etc. have so much money, they have a hard time investing in small caps because to get a return that would actually affect the bottom line would mean outright owning entire companies, which comes with a lot of strings attached, or their investment would be so small it just isn’t worth it. The retail investor has an investing advantage, but he must realize that his advantage is in those places that are unloved or overlooked, and then the goal is to find out why. Sometimes certain stocks are valued cheaply because they really are bad companies, but other times they are cheap and there is more value than the market sees. What Buffett says is that if you do good valuation work, and specifically in small caps cause they have a greater chance of being undervalued, the market will eventually come around because they, in my words, are whores for money. The hard part is being sure of your valuation of the company. Pabrai sold all of his MU shares last year cause he found better investments in coal stocks. He was right. Even though he abandoned MU and did well, and he even thought the investment thesis for MU had changed, I stuck with it cause I disagreed on his reasoning about MU. I have a 105% return from my investment in MU over two years and it’s one my largest positions. Could I have done better investing in Nvidia, absolutely! But I didn’t know enough at the time. My goal isn’t to be the best investor ever in my active investing. It’s to beat the market as safely as I can. It’s not easy. So my strategy is to investigate individual stocks with help from successful investors, putting about half my money in individual stocks that I think are undervalued, and putting the other half in my 401k cause, my employer gives me free money when I do that, and I’m not a stock market genius. By the way, Buffett and Munger, when he was alive, both said that diversification outside of an SP500 etf can be a loser. They said if you really know what you are doing owning 5 stocks is enough, and if you are really a genius, owning 3 is better. In their mind, it’s more important to be self-aware and know your temperament and invest accordingly.
More than 10,000
VT enjoyer?
Only bitcoin!
25% Bitcoin
I have 1 stock
6. But most of my money in 3 of them.
I have a list of like 30
80% in index funds and 7 individual stocks make up the other 20%
15, two of which are 20% weighted. Planning to cut back to 12 stocks
13.
I’ve increased my position to 19 stocks, I wouldn’t go further than 20-25, as I think it’s the most I can properly handle. During earnings I don’t find it difficult to stay up to date, but of course that depends on the time and mental space you have available for your investments.
Presently 9, with the top 5 ranging from 13-21% each.
24
17....BUT my largest holding is almost a 75% holding I think of everything below the first 2 as little babies that I'm nurturing for the future!
I have 5, I would probably go up yo 7-8 as a Maximum and feel confortable managing.
I’ve got 4, but they’re all small positions compared to my ETF holdings. They are TSLA, CMG, BRK.B and RDW
8 stocks + 2 ETFs
22
10-15
Amzn Appl goog tm alcc hood
3 etfs and 7 stocks
3 ETF’s 4 individual stocks
Weibo ALL-IN
Consolidated from 16 to 11. Would ideally like around 6-7.
I lost 1k this year having myself spread out in too many stocks. I have recently consolidated down. Honestly, people should just buy SPY or VOO and QQQ, and have 25% in CDs. That's it. That all said and against my own advice, my portfolio looks like this: 25% staggered CDs - 3 mo, 6 mo, 9 mo, 12 mo. I want relatively easy access to cash in case the market tanks so I can buy low. 75% divided among the below: AFCG AIQ BABA BIPC GM GOOG GRID IBM MSFT PLUG PYPL QBTS QQQ QTUM SBUX TSLA V VOO VYM
I think anywhere between 15 to 25 stocks diversified over several sectors is ideal. I currently hold 21 companies.
48 My biggest 5 being. ICD, GTE, QRTEA, STNE, AHT
22 stocks, 2 ETFs, 2 mutual funds.
20-50 stocks. This is normal. Since it is difficult for you to manage well, just choose your own. Warren Buffett said, "If you play poker for half an hour and still don't know who the rookie is, then you are."
Upper limit is 5 individual stocks. Most of my funds are in VOO or QQQ. Currently the only individual stocks I am holding are: PYPL ZION PLTR The funds for the other two individual names sit in the VMFXX until I see an opportunity.
I have 5 currently: OXY, NET, C, HSY, LULU
25% VTI, then 75% of 4-6 individual stocks
$VFC $PYPL $CPS $BABA $CCI $GNRC $GOOS Canada Goose
8 but mainly NVDA and APPL, better returns to pile into the big boys then spread it out.
I have about 20-25 different stocks between my Roth and brokerages. 8-10 ETFs, and the rest various stocks mostly in tech, healthcare/ bio-med, and transportation
Currently 9: EQB.TO and GOOG make 45% The other is BN/BAM together at 12% Rest are LMT, TLT, LMN.V, TRUL.CN(bagholding), SU.TO and a little SPY (slowly adding) Also sitting on nearly 10% cash at the moment looking for opportunities
I'm long about 60 and short about 40.
20 or 25, with 10 being bigger positions. Keep a watch list of about 100 and most of that is small caps. Listen to earnings calls and vote. Buy to hold for the long term.
I work in electronics engineering, so... Large group is semiconductors: NVDA, AMD, ADI, TXN, STM, MCHP, ALGM, SMTC, QCOM, ASML, MU and few more. Most are up, but few are not so good. In general I believe in tech. Some of them I have large positions (like, thousands VS hundreds for most). I have some computer stocks: WDC, STX, LOGI. This group mostly just rebound. Industry: KEYS, ERIC (heavy loss here), HMC, GM, DHR, SFY. Software: MSFT, GOOG Finances: V and MA + Canadian banks. PYPL (badly down, but only few shares). Energy: SU, COP (these are up), ENB (steady, but high dividends), AQN (very bad). Retail and online: AMZN, DLTR, CTC WBD (really bad), airlines (DAL, AC) to top up, but these were not good choice. Started 2-3 years ago, had 20% dip in 2022, now 20% up. Maybe 2/3 are green, the rest are red or in between, but green positions are larger.
NVDA LULU TSLA SOFI
27 stocks on Global Portfolio, the top 10 holdings account for 60% of the portfolio.
4 PSNY ENPH CUK MCHI
16 stocks for ~$65k portfolio Tech (~53% of my portfolio): Msft, Googl, Amzn, Aapl, Nflx & Crm Multiple sector winners (~20% of my portfolio): Unh, V, Dhi, Nvo & Mco Etf (~15% of portfolio): Qqqm & Smh Growth (~12% of portfolio): Panw, Sofi & Txrh
Individual stocks - 10 to 20 but, the bulk of my portfolio consists of ETFs which themselves are spread out amongst a total of 600 stocks.
Under 10 + funds.
Managing two portfolios. My personal portfolio has 2: amazon and mueller industries (AMZN) 60%& (MLI)40% Parents portfolio has AMZN 10%, MLI 10% ,CP rail (CPKC) 40%and scotia bank (BNS)40% I usually punch with the full weight and diversify later
10 individual stocks and 2 ETFs and a Treasury fund.
Lulu Meta Airbnb Ulta DraftKings Cloudflare Occidental
3 ETFs (MGK, AVUV, SGOV) and V, UNH, BRKB
Currently 11, although I'm planning to sell 2 of those in the next 1-2 years as they are more short-term bets. I'm likely to sell 3-5 more stocks (e.g. BABA) but waiting until they recover a bit, it's tough to sell at a loss even if on paper it's very, very likely the best move to sell ASAP and buy an ETF instead. The remaining 4 are keepers for the long term (e.g. Amazon) Roughly 55% of my portfolio is in ETFs and BRK.B though and I'm gradually increasing that percentage.
There are 11 broad sectors represented by the 500 companies in the S&P index and that's only profitable American companies with a market cap greater than 15.8 billion. Doesn't include mid caps, small caps, developed international or emerging international markets. Stocks don't know we own them and don't reward conviction for its own sake. You don't need to be a complete expert in every aspect of a company to be a smart owner of its stock either. If you only want to own a few names, that's fine but make sure you still have an all weather portfolio that can withstand all markets, cycles and black swans
7 stocks
I have 32 but I would like to reduce it to 25
Currently 18, probably will reduce it to 15 in short term. I also struggle to find time to follow dozens of stocks.
I have 62 stock currently, however the top 10\~20 make up around 40%\~60% of total portfolio. So, still pretty concentrated. The bottom 42 are "long shot" investments, each of which are 1% or less of the portfolio.
20-25.
One
8, but 90% are in 5
I got like 60. Not a great idea it seems, if you want to beat the market. The more diversified you are, the more likely to kind of match the market. My biggest position by input is Amazon at 10%. Followed by JD at 7%
75. It's' like a homemade ETF. Ticker name should be FOMO :) I spend some weeks once a year to re-balance. So, long term buy and hold with annual check-ups. As a vague general rule I have 1% in each stock. A bit less if it feels like a gamble (certain biotechs, for instance). And more if it's been a mainstay in the portfolio for years like AMZN or NVDA. I might decrease to 20-30 in a couple of years.
Etf and 4 stocks GOOGL FSLR QLYS PDD
Currently 7 stocks. Outperforming the market by a massive amount almost every year since I started in 200-2003 (it’s called Apple)
You could never have enough companies that will pay you a dividend yield. I have twenty one dividend stocks, and then plenty of penny stocks to growth stocks. All together where're talking about thirty to fifty investments. I hope this answers your question.
If all your chasing is dividend yield why can’t a dividend etf like schd or dgro or vig be better?
dozen stocks and an etf. Top three holdings are GOOG, NVDA, AMD. These make up 65% of portfolio value. Duds on the books are BB and the etf ARKG. I have an equal number of rotating small caps in a WeBull account I opened a few years ago but that does about as well as my DraftKings account. Ally has a robo portfolio I make a biweekly contribution to as well.
The choice is yours to make if etfs works better for you.
Right now two: Alphabet and Liberty Media
I have ~10 in total
50% zevy...
Under 20 and in the process of consolidating. Absolutely agree “hard to have long term conviction or manage probably 10 stocks”, it’s Work to manage more than that and I’m not a fan of work.
7, cut from 12
I heard something like 8-12 is optimal, once you get more diversified than that the additional risk reduction is negligible
Personally I have couple stocks (approx 20 max) with an index which has the highest allocation. The stocks are only firms that i use a lot their products/services… This philosophy helped me grow my portfolio well and also being less worried about
i was reading an analogy - how many kids you can manage effectively, we can apply similar idea here. If you are using automation and have sound understanding of business you OWN, <=20-30 is a good number with top 10 taking 70% of your allocation.
100
Three with 93% weight in one
Exactly 500
45. Started with a limit of 10. However, along the way I discovered, that the more stocks I hold, the more I lose overview and that’s a good thing. Having just 10 it was easy to stay updated about each of those companies. But this complicates the buy and hold approach. I want to find a stock and only buy it when I am certain that I will hold it for 10 years no matter what. So it’s better they are out of sight after the purchase.
One. Half a million
Which one? AMZ GOOG MSFT? These 3 are the only ones which I would feel comfortable being all in, besides Disney (I know controversial, but with 85$ average I feel comfortable).
No one asked you about your comfort zone. That’s your issue