Student Managed Portfolio
Winter 2015 (Q4) Portfolio Update
Inside this issue:
3.14%
SMP Takes the Mike
TRV
Travelers Companies Inc
3.02%
During the consortium, the SMP
participated in a student panel
discussion in which we showcased our
investment practices and addressed
the challenges of managing a school
investment fund. We are thankful for
the positive feedback from the
conference chair who that affirmed
NIU has a “strong program with wellrounded, well-spoken students who
have a sound understanding of
investment practices.”
MCK
McKesson Corporation
2.69%
MSFT
Microsoft Corporation
2.62%
WM
Waste Management, Inc.
2.46%
HRS
Harris Corporation
2.42%
UNH
UnitedHealth Group Inc
2.23%
NSC
Norfolk Southern Corp.
2.17%
EFII
Electronics For Imaging, Inc.
2.14%
SMP
S&P 500
SMP Portfolio Balance
Russell 1000 Value
NYSE Composite
Hypothetical Balance if invested in S&P 500
Jan-15
Jan-14
Jan-13
Jan-12
Jan-11
Jan-10
Jan-09
Jan-08
Jan-07
Jan-06
12/30/15
12/23/15
12/16/15
12/9/15
12/2/15
11/25/15
11/18/15
11/11/15
11/4/15
10/28/15
10/21/15
10/14/15
-2%
2.30%
Jan-05
0%
Jan-03
2%
Jan-02
4%
Jan-01
6%
CMCSA Comcast Corporation
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0
Jan-00
8%
10/7/15
Weight
Company Name
AT&T Inc.
10%
9/30/15
Ticker
T
12%
Holding Period Retrun
Largest Holdings
 Portfolio performance
 Sector Allocation
 Meet the Analysts!
In October, the NIU SMP attended the
Student Managed Investment Fund
(SMIF) Consortium at Indiana State
University to refine our knowledge and
connect with financial leaders across the
United States. Bob Finder of Wells
Fargo lectured about the importance of
listening to your clients in order to be
successful at meeting their needs and
retaining clients.
Following Finder,
robust technical analysts, financial
advisors and Bloomberg representatives
spoke about issues faced in the real
world and how to combat them. The
information we gained from the SMIF
consortium was vital in preparing us for
the workplace after graduation.
Jan-04
SMIF Consortium
Events:
SMP Analysts (bottom left) at Indiana State
University’s Student Managed Investment
Fund Consortuion, October 2015.
Jeffrey Kilrea (below right), Managing
Director at CIT, shared his experiences in
private debt and equity 11/4/15.
Performance Metrics
Meet the Analysts!
Sam Kusswurm – Intermediate Analyst
Sam is a senior double majoring in Finance and Accounting,
with a minor in Economics. He has had various internship
experiences, including positions with both PwC and the
FDIC. Sam is actively involved on campus and has served as
President for both Investment Association and the co-ed
business fraternity Delta Sigma Pi.
Franz Varga – Intermediate Analyst
Franz is a senior Finance and Economics double major. In
addition to serving as the Vice President of Leadership and
Fundraising for Mortar Board, the Economics representative
on the CLAS Student Advisory Board, the Treasurer of the
Investment Association, a Peer Instructor with UNIV 101, a
member of many campus organizations, and as a former
Target Corporation Executive Intern, he is the Box Office
Manager for the NIU School of Theatre and Dance. Upon
graduation, he will be joining Epic as a Technical Problem
Solver and plans to sit for the CTP and CFA Level 1 exams.
Biggest Winners
Ticker
Company Name
Qtrly Return
SNDK
SanDisk Corporation
39.13%
KLAC
KLA-Tencor Corp
36.82%
RES
RPC, Inc.
31.98%
MSFT
Microsoft Corporation
21.83%
GOOG Alphabet Inc
20.97%
Biggest Losers
Ticker
Company Name
Qtrly Return
HPQ
HP Inc
-54.78%
JWN
Nordstrom, Inc.
-30.57%
ATW
Atwood Oceanics, Inc.
-29.84%
AMX
America Movil SAB de CV (ADR)
-16.44%
HTS
Hatteras Financial Corp.
-12.67%
Geometric Average
Since
Quarter 1 Year 3 Year 5 Year 1/2000
SMP
6.46%
-3.54% 11.70%
8.60%
3.25%
S&P 500
6.45%
-0.73% 12.74% 10.20%
2.43%
NYSE Comp
3.51%
-6.42%
4.96%
2.76%
IWD
5.62%
-3.97% 12.81% 11.04%
5.94%
6.31%
Risk Metrics
Monthly Standard Deviations
Since
Quarter 1 Year 3 Year 5 Year 1/2000
SMP
5.25%
3.92%
3.18%
3.32%
4.56%
S&P 500
5.36%
3.94%
3.06%
3.38%
4.36%
NYSE Comp
4.89%
3.66%
3.06%
3.65%
4.43%
IWD
5.02%
3.72%
3.12%
3.49%
4.32%
Upcoming Events
1/30/2016, 2/15/2016, & 3/7/2016:
SMP recruitment table at NIU Admitted
Students Day.
3/25/2016: SMP recruitment table at
NIU Open House.
TBA: Select SMP analysts will present to
the Treasury Management Association
of Chicago (TMAC)
Portfolio Subtractions
Companhia
Siderurgica
Nacional
Sponsore (SID): Sold all 200 shares on
10/7/2015 due to SID’s market
capitalizations falling to less than $1
billion. Since this transaction, SID’s
value has fallen another 24.6%.
3/30/2016-4/2/2016:
Select
SMP
analysts will travel to New York City to
attend Quinnipiac University’s Global
Asset Management Education (GAME)
conference.
TBA: Select SMP analysts will present to
the NIU Foundation.
TBA: SMP recruitment visits to finance
core classes.
Contact Info
Dr. Gina Nicolosi, gnicolos@niu.edu
(815) 753-6391
http://www.cob.niu.edu/fina/smp.s
html