Wednesday, April 1, 2015

Portfolio Allocation - 3/31/15

Here is my month and quarter end (3/31/15) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ALNY - 20.8% (common)
ARIA - 14.5 (calls)
ISIS - 12.7 (common)
KERX - 10.1 (common)
SGYP - 9.2 (common)
XLF - 7.2 (calls)
RGLS - 6.7 (common)
GBIM - 6.4 (common)
ARWR - 5.4 (common)
SPPI - 4.8 (common)

Cash - 2.2

Tuesday, March 24, 2015

Rebuilding positions

Today I deployed some cash to rebuild a position diminished by options expiration, to add to my smallest position, and to start a new position.  Specifically I doubled the size of my long position in common stock of Keryx Biopharmaceuticals, added to my long position in common stock of GlobeImmune, and began a new long position in common stock of Regulus Therapeutics.  These trades will balance the portfolio more evenly across various biotech holdings.

Sunday, March 1, 2015

Portfolio Allocation - 2/28/15

Here is my month end (2/28/15) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ALNY - 24.3% (common)
ARIA - 17.7 (calls)
ISIS - 16.4 (common)
XLF - 9.1 (calls)
ARWR - 7.3 (common)
KERX - 7.2 (common 5.8, calls 1.4)
SGYP - 7.1 (common)
SPPI - 6.0 (common)
GBIM - 1.9 (common)

Cash - 3.0

Sunday, February 1, 2015

Portfolio Allocation - 1/31/15

Here is my month end (1/31/15) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ALNY - 25.1% (common)
ISIS - 18.3 (common)
ARIA - 11.5 (calls)
KERX - 9.7 (common 6.5, calls 3.2)
XLF - 8.3 (calls)
SGYP - 7.8 (common)
SPPI - 7.5 (common)
ARWR - 6.7 (common)
GBIM - 1.8 (common)

Cash - 3.3

Monday, January 5, 2015

Buying time

Today I made some trades to rebalance the portfolio, and buy some time for my investment ideas to come to fruition.  Specifically, I closed the majority of my long call positions set to expire in January 2015, and used those proceeds to open long call positions that don't expire until January 2017.  The exceptions are a few (near worthless) calls that don't make sense to liquidate.  The net effect of these trades was to reduce position size in Ariad Pharmaceuticals and the Financial Select Sector SPDR.

I also added some common stock of Spectrum Pharmaceuticals and Keryx Biopharmaceuticals, to maintain exposure in case those call positions eventually expire worthless.  Finally, I initiated a very small common stock position (less than 2% of portfolio) in GlobeImmune.

Friday, January 2, 2015

Portfolio Allocation - 12/31/14

Here is my year end (12/31/14) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ARIA - 24.8% (calls)
ALNY - 21.1 (common)
XLF - 16.2 (calls)
ISIS - 13.3 (common)
SGYP - 6.6 (common)
KERX - 6.5 (calls)
ARWR - 6.4 (common)
SPPI - 0.2 (calls)

Cash - 4.9

Monday, December 1, 2014

Portfolio Allocation - 11/30/14

Here is my month end (11/30/14) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ARIA - 24.8% (calls)
ALNY - 18.9 (common)
KERX - 18.6 (calls)
XLF - 12.8 (calls)
ISIS - 9.7 (common)
SGYP - 5.6 (common)
ARWR - 4.4 (common)
SPPI - 1.0 (calls)

Cash - 4.2

Saturday, November 1, 2014

Portfolio Allocation - 10/31/14

Here is my month end (10/31/14) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

KERX - 28.2% (calls)
ALNY - 17.8 (common)
ARIA - 15.5 (calls)
XLF - 11.1 (calls)
ISIS - 8.8 (common)
SGYP - 6.6 (common)
ARWR - 5.0 (common)
SPPI - 2.7 (calls)

Cash - 4.3

Wednesday, October 1, 2014

Portfolio Allocation - 9/30/14

Here is my month and quarter end (9/30/14) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

ALNY - 17.6% (common)
KERX - 17.4 (calls)
ARIA - 15.5 (calls)
ARWR - 13.3 (common)
XLF - 10.8 (calls)
ISIS - 8.7 (common)
SGYP - 6.3 (common)
SPPI - 5.3 (calls)

Cash - 5.1

Monday, September 1, 2014

Portfolio Allocation - 8/31/14

Here is my month end (8/31/14) portfolio allocation.  All positions are long positions, and each is labeled to indicate calls or common stock.

KERX - 37.1% (calls)
ARIA - 16.7 (calls)
ALNY - 10.5 (common)
ARWR - 8.8 (common)
XLF - 7.4 (calls)
ISIS - 6.1 (common)
SGYP - 5.9 (common)
SPPI - 4.1 (calls)

Cash - 3.4