For his Anticitrade portfolio, Covestor Model Manager Spencer Mann uses a computer algorithm to value over 4,000 stocks on ten different fundamental criteria to create a relative ranking for those most suitable for the portfolio.
Mann has an engineering background. He did a BS degree at Utah State University in biological engineering, an MS degree in biosystems engineering at Oklahoma State University, and just earned his MBA at BYU. As an engineer, he was heavily involved in analytical solutions to complex waste systems. His work as an engineer provided him with a toolset that he’s found very valuable as an investor.
The portfolio’s current top positions include Orion Marine Group (NYSE: ORN), Amsurg Corp (Nasdaq: AMSG) and Telecommunication Systems (Nasdaq: TSYS). On February 16th, he sold Dean Foods (NYSE: DF), the food and beverage company known for its organic milk lines.
OptionsMonster recently noted cautious trades in DF:
optionMONSTER’s Depth Charge tracking system detected heavy put buying in the meat and dairy company, which has spent most of 2011 glued to the $10 level. Purchases focused on the June 9 puts, which mostly traded for $0.30 and the September 8s, which fetched $0.85. The September 9 puts also changed hands for $0.60.
Additionally, Research Recap on Seeking Alpha added DF to its list of companies at highest risk of bankruptcy, insolvency or financial distress.
DF closed down 0.76% on 3/28.
Sources:
“Dean Foods receives cautious trades” OptionMonster. 3/28/11. https://finance.yahoo.com/news/Dean-Foods-receives-cautious-optmonster-1682668346.html
“Companies at Highest Risk of Financial Stress” Research Recap. SeekingAlpha, 3/25/11. https://seekingalpha.com/article/260217-companies-at-highest-risk-of-financial-stress
