This week is the fourth of five ‘off’ weeks intended to restore the $250+ per week pace of investment. This became necessary after establishing new positions in SCL and UHT.
This week, six of the portfolio holdings ranked in the Top Ten: BDX, FMCB, HTO, PPG, QCOM, and SCL.
| Ticker | Account Value |
| BDX | 3,793.54 |
| FMCB | 4,160.00 |
| HTO | 3,211.74 |
| PPG | 3,199.56 |
| QCOM | 3,634.23 |
| SCL | 3,217.18 |
The lowest amount belongs to PPG, but there is a position imbalance such that only four existing holdings are eligible for additional investment: EPD, FRT, NNN, and UHT. As you can see, none of those companies are in the table above. That means, the highest-ranking stock in the Top Ten, but not currently in the portfolio (and regardless of sector, as there is no sector imbalance) would be added to the portfolio. For the fourth week in a row, that stock is Pepsi Co. [PEP].
Again, it is an ‘off’ week, so we’ll just continue to monitor the situation.