Active Growth Portfolio
For those seeking an active approach to investing in large cap ASX stocks
About The Portfolio
The Market Matters Active Growth Portfolio provides an active exposure to Australian large-cap shares, aiming for reduced volatility. Returns will be achieved through a combination of capital appreciation and income with an overall objective of outperformance of the S&P/ASX 200 Accumulation Index over the medium term (3 years).
Portfolio | 1m | 3m | 1y | 3y | 5y pa | ITD pa* |
---|---|---|---|---|---|---|
ACTIVE GROWTH | 2.10% | 8.31% | 2.46% | 14.30% | 13.39% | 12.46% |
ASX 200 ACCUMULATION | 1.41% | 9.50% | 13.81% | 13.56% | 11.85% | 9.55% |
VALUE ADD | +0.69% | (1.19%) | (11.33%) | +0.74% | +1.54% | +2.91% |
CODE | NAME | WEIGHT (%) | RISK | TERM | BUY DATE | BUY PRICE ($) | LAST PRICE ($) | DIVIDENDS ($) | DAILY CHANGE (%) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|---|
ANZ | ANZ Bank | 6 | Moderate | Long | 08/02/2023 | 25.29 | 30.33 | 5.48 | 0.13 | 41.60 |
APA | APA Group | 4 | Moderate | Medium | 12/12/2024 | 7.38 | 8.29 | 0.54 | -0.60 | 19.65 |
BHP | BHP Group | 8.5 | Moderate | Long | 27/08/2019 | 39.06 | 39.36 | 8.83 | 2.77 | 23.37 |
CAR | CAR Group | 4 | High | Medium | 12/03/2025 | 34.45 | 37.26 | 0.47 | 0.98 | 9.52 |
CSL | CSL Limited | 4 | Moderate | Medium | 09/07/2025 | 245.75 | 240.92 | -0.61 | -1.97 | |
EVN | Evolution Mining | 4 | Moderate | Medium | 20/05/2025 | 8.15 | 7.44 | -1.46 | -8.71 | |
GMG | Goodman Group | 5 | Moderate | Medium | 21/02/2025 | 34.16 | 33.74 | -1.75 | -1.23 | |
HUB | HUB24 | 4 | Moderate | Medium | 05/03/2025 | 71.36 | 94.71 | 0.27 | 0.81 | 33.10 |
JHX | James Hardie Industries | 5 | High | Medium | 12/12/2024 | 51.22 | 42.90 | 1.47 | -16.24 | |
MQG | Macquarie Group | 5 | Moderate | Medium | 07/11/2024 | 224.33 | 220.81 | 6.88 | -1.46 | 1.50 |
MGR | Mirvac Group | 5 | Moderate | Medium | 17/07/2024 | 2.08 | 2.16 | 0.09 | -1.82 | 8.17 |
MIN | Mineral Resources | 4 | High | Medium | 16/03/2023 | 44.12 | 27.49 | 0.34 | 7.76 | -36.92 |
NSR | National Storage REIT | 5 | Moderate | Medium | 11/08/2023 | 2.22 | 2.33 | 0.22 | 0.00 | 14.86 |
PDN | Paladin Energy | 4 | High | Medium | 06/06/2024 | 15.16 | 6.93 | -0.43 | -54.29 | |
SFR | Sandfire Resources | 3 | High | Medium | 07/04/2025 | 8.32 | 11.00 | -0.90 | 32.21 | |
SUL | Super Retail Group | 4 | Moderate | Medium | 06/12/2024 | 15.20 | 15.37 | 0.46 | 0.65 | 4.14 |
WBC | Westpac | 5 | Moderate | Medium | 21/02/2025 | 31.08 | 33.81 | 1.09 | -0.18 | 12.29 |
WHC | Whitehaven Coal | 4 | High | Medium | 15/11/2022 | 8.18 | 6.14 | 1.67 | 2.68 | -4.52 |
WOR | Worley | 5 | High | Medium | 08/05/2023 | 15.66 | 13.41 | 0.95 | 0.30 | -8.30 |
WTC | WiseTech Global | 4 | High | Medium | 20/05/2025 | 101.24 | 112.16 | -0.14 | 10.79 |
Company code | STOCK NAME | ACTIVITY | RISK | TIME HORIZON | EXIT DATE | ENTRY PRICE ($) | CLOSE PRICE ($) | DIVIDENDS ($) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|
HUB | HUB24 | Trimmed 1% | Moderate | Medium | 09/07/2025 | 71.36 | 95.68 | 0.34 | 34.6 |
XRO | Xero | Sold 4% position | Moderate | Long | 18/06/2025 | 101.29 | 193.5 | 91 | |
SFR | Sandfire Resources | Trimmed 1% | High | Medium | 18/06/2025 | 8.32 | 11.68 | 40.4 | |
ALL | Aristocrat Leisure | Sold 5% position | High | Long | 20/05/2025 | 65.13 | 62.55 | -4 | |
ILU | Iluka Resources | Sold 4% position | High | Medium | 20/05/2025 | 6.02 | 3.85 | 0.06 | -35 |
BHP | BHP Group | Trimmed 2% | Moderate | Long | 07/04/2025 | 39.63 | 34.31 | 11.18 | 14.8 |
NXT | NEXTDC | Sold 5% position | Moderate | Medium | 02/04/2025 | 17.06 | 11.39 | -33.2 | |
EVN | Evolution Mining | Sold 3% position | High | Long | 31/03/2025 | 2.94 | 7.1 | 0.25 | 150 |
SFR | Sandfire Resources | Sold 4% position | High | Medium | 28/03/2025 | 6.44 | 10.85 | 68.5 | |
TWE | Treasury Wine Estates | Sold 5% position | High | Medium | 12/03/2025 | 13.6 | 9.8 | 1.23 | -18.89 |
CSL | CSL Limited | Sold 6% position | Moderate | Medium | 24/02/2025 | 277 | 259.25 | 2.2 | -5.61 |
HLS | Healius | Sold 4% position | High | Medium | 24/02/2025 | 1.72 | 1.29 | -25 | |
AGL | AGL Energy | Sold 4% position | Moderate | Medium | 12/12/2024 | 10.22 | 10.79 | 0.35 | 9 |
S32 | South32 | Sold 4% position | Moderate | Medium | 12/12/2024 | 3.28 | 3.46 | 0.07 | 7.6 |
MFG | Magellan Financial Group | Sold 4% position | Moderate | Medium | 06/12/2024 | 9.15 | 11.22 | 0.43 | 27.3 |
CAR | CAR Group (CAR) | Sold 4% position | Moderate | Medium | 06/12/2024 | 33.13 | 40.1 | 0.47 | 22.5 |
GPT | GPT Group | Sold 4% position | Moderate | Medium | 07/11/2024 | 4.66 | 4.45 | -4.5 | |
SFR | Sandfire Resources | Trimmed 1% | Moderate | Medium | 30/10/2024 | 6.44 | 10.31 | 60.1 | |
S32 | South32 | Trimmed 1% | Moderate | Medium | 30/10/2024 | 3.28 | 3.71 | 0.07 | 15.2 |
EVN | Evolution Mining | Trimmed 1% | Moderate | Medium | 20/08/2024 | 2.94 | 4.26 | 0.08 | 47.6 |
JBH | JB Hi-Fi (JBH) | Sold 4% position | Moderate | Medium | 13/08/2024 | 56.8 | 75.44 | 32.82 | |
NAB | Nation Australia Bank | Sold 6% position | Moderate | Medium | 05/08/2024 | 30.33 | 35.06 | 3.59 | 27.43 |
GMG | Goodman Group | Sold 3% position | High | Medium | 01/08/2024 | 21.15 | 36.44 | 0.36 | 73.99 |
RHC | Ramsay Healthcare | Sold 5% position | Moderate | Long | 17/07/2024 | 68.86 | 47.25 | 0.93 | -30.03 |
GMG | Goodman Group | Trimmed 1% | High | Medium | 12/07/2024 | 21.15 | 35.58 | 0.36 | 69.92 |
XRO | Xero | Trimmed 1% | Moderate | Long | 12/07/2024 | 101.29 | 140.35 | 38.56 | |
PLS | Pilbara Minerals | Sold 4% position | High | Medium | 12/06/2024 | 3.48 | 3.44 | -1.15 | |
CTD | Corporate Travel | Sold 4% position | Moderate | Medium | 30/05/2024 | 16.46 | 13.06 | -20.66 | |
ILU | Iluka | Sold 4% position | High | Medium | 10/05/2024 | 7.2 | 7.68 | 0.06 | 7.5 |
RMD | ResMed | Sold 5% position | Moderate | Medium | 19/04/2024 | 33.23 | 27.92 | 0.39 | -14.81 |
EVN | Evolution Mining | Trimmed 1% | Moderate | Medium | 5/04/2024 | 2.94 | 3.85 | 0.016 | 31.5 |
PDN | Paladin Energy | Sold 4% position | High | Medium | 5/04/2024 | 1.18 | 1.42 | 20.33 | |
ORA | Orora | Sold 5% position | Moderate | Medium | 3/04/2024 | 2.8 | 2.24 | 0.05 | -18.21 |
LLC | Lendlease | Sold 5% position | High | Medium | 6/03/2024 | 7.2 | 6.18 | -14.14 | |
ALU | Altium | Sold 5% position | High | Medium | 31/01/2024 | 42.53 | 49.27 | 15.85 | |
MQG | Macquarie Group | Sold 6% position | Moderate | Medium | 31/01/2024 | 177.99 | 189.41 | 13.29 | 13.88 |
NST | Northern Star | Sold 5% position | High | Medium | 18/01/2024 | 11.14 | 12.16 | 0.16 | 10.59 |
PDN | Paladin | Trimmed 3% | High | Medium | 15/01/2024 | 0.83 | 1.31 | 57.83 | |
MFG | Magellan Financial Group | Sold 4% position | High | Medium | 08/01/2024 | 9.22 | 9.09 | 0.93 | 8.68 |
WDS | Woodside | Sold 4% position | Moderate | Medium | 24/10/2023 | 35.66 | 35.23 | 1.78 | 3.79 |
CWY | Cleanaway Waste Management | Sold 5% position | High | Medium | 05/10/2023 | 2.69 | 2.34 | 0.02 | -12.27 |
NCM | Newcrest Mining | Sold 5% position | Moderate | Medium | 25/08/2023 | 29.35 | 25.42 | 2.52 | -4.8 |
ELD | Elders | Sold 3% position | High | Medium | 25/08/2023 | 7.11 | 6.47 | -9 | |
SEK | Seek | Sold 3% position | High | Medium | 17/08/2023 | 24.29 | 23.35 | 0.34 | -2.47 |
GMG | GMG | Sold 5% position | Moderate | Medium | 11/08/2023 | 23.43 | 20.17 | 0.3 | -12.63 |
ILU | Iluka | Sold 5% position | Moderate | Medium | 21/06/2023 | 10.74 | 11.66 | 0.64 | 14.53 |
JHX | James Hardie | Sold 4% position | High | Medium | 21/06/2023 | 31.2 | 39.89 | 27.85 | |
CSL | CSL Limited | Sold 4% position | Moderate | Medium | 15/06/2023 | 260.92 | 279.41 | 3.82 | 8.55 |
JHX | James Hardie | Trimmed 1% | High | Medium | 26/05/2023 | 31.2 | 37.83 | 21.25 | |
XRO | Xero | Trimmed 2% | High | Long | 22/05/2023 | 92.85 | 108.79 | 17.16 | |
WDS | Woodside | Sold 3% position | Moderate | Medium | 08/05/2023 | 30.23 | 34.05 | 5.28 | 30.1 |
IGO | Independence Group | Sold 3% position | Moderate | Medium | 28/04/2023 | 10.66 | 13.61 | 0.27 | 30.21 |
SFR | Sandfire Resources | Sold 3% position | High | Medium | 20/04/2023 | 4.1 | 6.93 | 69.02 | |
CSL | CSL Ltd | Trimmed 2% | Moderate | Medium | 20/04/2023 | 260.92 | 300.94 | 3.82 | 16.8 |
REA | REA Group | Sold 2% position | High | Medium | 20/04/2023 | 120.42 | 140.69 | 1.07 | 17.72 |
ALU | Altium | Sold 5% position | High | Medium | 12/04/2023 | 28.8 | 37.65 | 1.08 | 34.48 |
Opinions for stocks held in the Growth Portfolio
Evolution Mining Ltd (EVN) $7.29
EVN was smacked 7% on Wednesday due to a Goldman downgrade and overall weakness in the copper and gold sectors. We have discussed increasing our EVN position into weakness, and the market is coming to us nicely. Read moreCopper – What happened?
President Trump announced plans to implement a 50% copper import tariff, with Commerce Secretary Lutnick saying this could be in place by later in July or 1-Aug i.e. very soon. This is not new news however the timeframe has now been set, and it’s a short one. US Copper prices have been trading at a material premium to other areas. Read moreActive Growth Portfolio – Amendments
We are making two changes to the Active Growth Portfolio, trimming an existing holding and buying a new stock. Read moreHUB24 Ltd (HUB) $94.30
HUB broke out to fresh highs on Monday, closing up 2.8% following a broker upgrade to BUY from UBS, with a $105 PT. They think HUB is best positioned to win in the investment platform space, underpinned by growth in Managed Accounts. Read moreWorley Ltd (WOR) $13.08
We thought WOR was back on track in February when it delivered a very solid 1H result plus a supportive $500mn buyback, but that has not transpired with the stock retreating 30% after its initial rally. Read moreRevisiting Payments stocks as Xero pays $4bn for Melio
We like the acquisition, believing it makes strategic sense to avoid missing the proverbial boat into the US market. Melio can provide XRO instant scale, important payments technology, and a better overall platform to compete with the US giant Intuit (INTU US). They paid a high price for a quality business, 13x revenue (Melio does not make a profit), but as we’ve witnessed all year, quality comes at a cost. Sukhinder knows this market very well, and since taking over in February 2023, the market has embraced her leadership. Read moreMirvac Group Ltd (MGR) $2.22
MGR has been a strong performer through 2025, gaining over +18%, although it underperformed the main board through the last few weeks pullback. By definition if we are correct and the ASX200 pushes to fresh highs into Christmas this bodes well for MGR. Read moreANZ Group Ltd (ANZ) $28.21
ANZ was downgraded to a "sell" on Monday by UBS, with some of the risk being placed at the doorstep of the new CEO, Nuno Matos, who started in May. Read moreActive Growth Portfolio – Amendments
We are making 3 changes to the Active Growth Portfolio today Read moreActions for stocks held in the Growth Portfolio
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