Fat Pitch Financials Portfolio October 2010 Update

I’ve been so busy that I never got around to updating you on the Fat Pitch Financials Portfolio at the end of October. Given that we are already starting December 2010, let me keep this brief.

The Fat Pitch Financials Portfolio closed on October 29, 2010 with a value of $1,442,813.31. This paper portfolio started out with an even $1 million in 2004.  The portfolio held $266,056.00 in cash and $1,176,757.31 worth of stock at the end of October 2010.

Fat Pitch Financials Portfolio Returns

RETURNS
Last Week 3.79%
Last Month 8.92%
Last 3 Months 16.61%
Last 6 Months 2.11%
Last 12 Months 22.88%
Last 2 Years 59.54%
Last 3 Years 5.89%
Last 5 Years 42.68%
Since Inception 43.88%
(Annualized) 6.14%
S&P500 RETURNS
Last Week 0.04%
Last Month 3.49%
Last 3 Months 7.97%
Last 6 Months 0.74%
Last 12 Months 13.25%
Last 2 Years 33.29%
Last 3 Years -17.25%
Last 5 Years 9.75%
Since Inception 18.77%
(Annualized) 2.86%
RETURNS VS S&P500
Last Week 3.76%
Last Month 5.44%
Last 3 Months 8.64%
Last 6 Months 1.38%
Last 12 Months 9.63%
Last 2 Years 26.25%
Last 3 Years 23.15%
Last 5 Years 32.93%
Since Inception 25.10%
(Annualized) 3.28%

Fat Pitch Financials Holdings (October 29, 2010)

Symbol Price Shares Value Current Return
BID $43.84 5,540 $242,873.60 94.07%
BH $333.39 134 $44,674.26 38.21%
EBAY $29.86 2,760 $82,413.60 37.01%
BR $22.00 2,600 $57,200.00 13.99%
MSFT $26.67 8,220 $219,186.30 13.46%
BP $40.80 1,000 $40,800.00 10.89%
NOVA $11.75 6,666 $78,325.50 8.92%
KFT $32.27 2,000 $64,540.00 7.39%
MHP $37.65 1,610 $60,616.50 -13.55%
HLTOY $3.99 15,920 $63,520.80 -18.81%
WU $17.59 2,290 $40,281.10 -19.30%
WFC $26.06 1,400 $36,484.00 -25.22%
USB $24.20 2,940 $71,148.00 -28.91%
PFE $17.42 2,010 $35,004.15 -30.06%
PRXI $1.91 13,610 $25,995.10 -56.76%
USG $12.68 1,080 $13,694.40 -72.76%

October Trades

On October 11, 2010 I sold all 6,710 shares of Destination Maternity Corp (DEST) at an average price of $33.13 per share. That position returned 49.48% since I first bought Destination Maternity Corp shares  on July 26, 2007.

Disclosure: I own all the shares mentioned in this article at the time it was posted except Destination Maternity Corp. (DEST).

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