NEW POSITIONS Date Bought
Price Bought
Year-End Price
Yield
Gain/ Loss
Capital Gain
Total Return
Activision Blizzard
4/28/2014
$19.47
$20.35
.92%
$1.06
$252
4.2%
Cerner Corp
3/3/2014
$60.81
$65.10
-
$4.29
$837
6.9%
Comerica
3/3/2014
$47.55
$46.60
1.80%
($0.11)
($61)
(.5%)
EBAY
2/5/2014
$52.67
$57.10
-
$4.43
$998
8.2%
EMC
3/3/2014
$26.23
$30.69
1.66%
$4.96
$2,232
18.5%
HSY
4/17/2014
$100.13
$106.28
1.95%
$8.22
$471
7.8%
PKG
4/17/2014
$67.07
$78.90
2.11%
$13.49
$2,254
18.6%
SPW
11/12/2014
$92.65
$86.64
1.69%
($4.54)
($802)
(6.6%)
SYNA
4/28/2014
$61.80
$69.57
-
$7.77
$764
12.3%
WHR
4/28/2014
$154.99
$191.50
1.43%
$39.24
$3,141
25.8%
Company
NEW POSITIONS For the period ending December 2014, ten new positions were added to the portfolio. Our analysts and advisory board vetted these positions before selected for purchase. Growth at a reasonable price, deep value, and mega trends were themes used to guide our search for these stocks.
DENIED POSITIONS (2014) Date Pitched
Price
Year-End Price
Yield
Gain/ Loss
Total Return
Lifepoint (LPNT)
10/7/14
$69.83
$71.91
-
$2.08
2.98%
Kaiser (KALU)
10/7/14
$73.38
$71.02
2%
$2.36
3.22%
Tangoe (TNGO)
10/7/14
$13.78
$13.03
-
$.75
5.44%
Core Laboratories (CLB)
11/6/14
$136.44
$119.70
2%
$16.01
11.8%
NCR (NCR)
11/6/14
$28.12
$29.14
-
$1.02
3.63%
Company
DENIED POSITIONS The denied positions are stocks that have been rejected by the advisory board. Keeping track of the denied positions is essential to making sure the correct decision was made and the SMIF did not miss out on positive alpha positions. The denied positions are stocks pitched by two different analyst groups. During the year of 2014 there were five positions that were denied. Of the companies that the student analysts pitched in the spring of 2014, the advisory board voted a buy on every stock pitched! All but one of the stocks that were pitched in the fall of 2014 were rejected by the advisory board. Many factors influenced the rejections, including the inability to portray the investment thesis, mitigation of risks associated with the company, and lack of conviction in presenting the stocks. University of South Florida Muma College of Business
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