Portfolio Review

Purpose

Determine what a portfolio is actually betting on, which is frequently not what its owner thinks. A portfolio of twenty names can be a single concentrated bet, and the position list will not tell you that.

When to Use

• Periodic review of holdings and exposure.
• After a drawdown, to understand what actually drove it.
• Before adding a position, to see what it does to the whole.
• Assessing whether diversification is real or nominal.

Capabilities