Items Tagged With BAC

Top Fifteen Listed/Tradable Holdings as of June month end (prices as of August 6, 2007):

1. Ishares Inflation Protected Treasuries ETF (TIP - $102.03)
2. Chevron Corp (CVX - $93.58)
3. Berkshire Hathaway (BRK/A - $118,510)
4. Conoco Philips (COP - $87.77)
5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $75.11)
6. Usiminas S.A. Brazil ADR (USNZY - $70.70)
7. Citigroup (C- $46.67)
8. Freeport Mcmoran Copper & Gold (FCX - $104.89)
9. Vanguard Pacific ETF (VPL - $72.84)
10. 3M (MMM - $87.18)
11. Anglo America PLC UK ADR (AAUKD - $33,45)
12. Chubb Corp (CB - $53.64) - new addition.
13. Bank Of America (BAC - $50.27)
14. General Electric (GE - $41.40)
15. Pfizer Inc (PFE - $23.82)

Off the top ten list since end of July:

Intel (INTC - $24.04) (part of options cocktail mention and part outright position) sold unhedged position

Amgen Inc (AMGN - $56.57) - sold 1/4 of position.

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11. Intel (INTC - $24.04) (part of options cocktail mention and part outright position)
12. Bank Of America (BAC - $47.20)

Off the list since July:
Anglo America PLC UK ADR (AAUK - $27.23) - relative performance
Pfizer Inc (PFE - $23.82) - relative performance

1. Ishares Inflation Protected Treasuries ETF (TIP - $103.42) - Still my biggest disclosed position but I sold a quarter of it today.
2. Chevron Corp (CVX - $89.04)  Oil up and stock down.  I don't understand so I hold. According to their press releases this past month they are really making an effort at renewable energy.
3. Berkshire Hathaway (BRK/A - $131,250) - Wish I owned more.  This just keeps going up huge.
4. Conoco Philips (COP - $83.21) See my comments on CVX, except they don't have the same commitment to alternative energy.
5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $76.89) This is an embarrassment of riches.  I wouldn't buy this now but I have so much in capital gains this year that I can't sell till 2008.  My least socially conscious investment.
6. Usiminas S.A. Brazil ADR (USNZY - $77.80) This Brazilian steel company is my favorite in the world and has everything going for it.  I keep holding and collecting fat dividends.
7. Citigroup (C- $38.51) I bought more this month on the way down but above today's price; ouch.  I remain committed to this franchise through the pain.  Besides, with trillions in assets, the Fed is my best auditor of this company.
8. Freeport Mcmoran Copper & Gold (FCX - $112.05) Gold is not up; it's the dollar that is down.
9. Vanguard Pacific ETF (VPL - $73.68) Asian exposure. 
10. Anglo America PLC UK ADR (AAUK - $32.78) Cheapest major global mining company.
11. Chubb Corp (CB - $52.00)  No hurricanes and the cheapest and highest quality of the property and casualty insurers.  I'll probably buy more if it falls.
12. Andarko Petroleum. (APC - $57.24) - this Texas-based oil exploration company went up so much it ended up in my top 15.  They are so cheap. I should sell BPT and buy more APC.
13. 3M (MMM - $83.90) Solid and creative company.  They had a tough earnings report.  I'm sticking with 3M.
14. General Electric (GE - $40.34) - Multinational benefits from falling dollar.  They are trying (but not yet there) to remake themselves into an eco-friendly company of the future.  I'm holding but wouldn't buy more above $37.00.
15.  Microsoft (MSFT - $37.06) Huge run-up in the last few days.  This giant is finally getting recognition for their global exposure (falling dollar helps) and increasing revenues from tech spending.

Off the List since last month:
Bank Of America (BAC - $45.71) I cut part of the position, as I had to be prudent with my bank exposure. If I have to hold a falling money center giant, I prefer Citigroup.
Pfizer Inc (PFE - $23.95) - stock is up a bit since last month but relative performance is weak.  I continue to hold this cheap super giant pharma until new information changes my opinion.