Skip to Content

Active Growth Portfolio

For those seeking an active approach to investing in large cap ASX stocks

About the Active Growth Portfolio

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 Performance
Portfolio 1m 3m 1y 3y 5y pa ITD pa*
ACTIVE GROWTH 3.96% 10.71% 4.45% 12.86% 14.33% 13.33%
ASX 200 ACCUMULATION 2.36% 8.17% 11.81% 12.33% 12.26% 9.74%
VALUE ADD +1.60% +2.54% (7.36%) +0.53% +2.07% +3.59%
* Inception date 10/05/2016
Portfolio Holdings trade now
CODE NAME WEIGHT (%) RISK TERM BUY DATE BUY PRICE ($) LAST PRICE ($) DIVIDENDS ($) DAILY CHANGE (%) GAIN / LOSS (%)
ANZ ANZ Bank 6 Moderate Long 08/02/2023 25.29 33.29 5.48 0.27 53.30
APA APA Group 4 Moderate Medium 12/12/2024 7.38 8.88 0.54 0.34 27.64
BHP BHP Group 8.5 Moderate Long 27/08/2019 39.06 41.61 8.83 -0.88 29.13
CSL CSL Limited 4 Moderate Medium 09/07/2025 245.75 209.25 -0.76 -14.85
EVN Evolution Mining 4 Moderate Medium 20/05/2025 8.15 9.06 0.19 0.67 13.50
GMG Goodman Group 5 Moderate Medium 21/02/2025 34.16 33.48 2.10 -1.99
GQG GQG Partners 3 Moderate Medium 08/08/2025 1.75 1.74 0.04 -1.42 1.71
HUB HUB24 4 Moderate Medium 05/03/2025 71.36 102.93 0.27 0.13 44.62
JHX James Hardie Industries 5 High Medium 12/12/2024 51.22 29.93 1.35 -41.57
MGR Mirvac Group 5 Moderate Medium 17/07/2024 2.08 2.34 0.09 1.74 16.83
MIN Mineral Resources 4 High Medium 16/03/2023 44.12 37.10 0.34 0.84 -15.14
NSR National Storage REIT 5 Moderate Medium 11/08/2023 2.22 2.44 0.22 1.24 19.82
PDN Paladin Energy 4 High Medium 06/06/2024 11.20 7.91 0.25 -29.38
SFR Sandfire Resources 3 High Medium 07/04/2025 8.32 12.35 0.49 48.44
SUL Super Retail Group 4 Moderate Medium 06/12/2024 15.20 18.84 0.46 3.12 26.97
WBC Westpac 5 Moderate Medium 21/02/2025 31.08 38.17 1.09 0.71 26.32
WHC Whitehaven Coal 4 High Medium 15/11/2022 8.18 6.42 1.76 -0.31 0.00
WOR Worley 5 High Medium 08/05/2023 15.66 14.66 1.20 0.55 1.28
WTC WiseTech Global 4 High Medium 20/05/2025 101.24 93.56 -1.36 -7.59
XRO Xero 4 Moderate Medium 18/07/2025 181.34 158.89 1.20 -12.38
Portfolio cash position: 9.5%
Recent Sales trade now
Company code STOCK NAME ACTIVITY RISK TIME HORIZON EXIT DATE ENTRY PRICE ($) CLOSE PRICE ($) DIVIDENDS ($) GAIN / LOSS (%)
MQG Macquarie Group Sold 6% position Moderate Medium 04/08/2025 224.33 212.27 6.88 -2.3
CAR CAR Group Sold 4% position Moderate Medium 20/03/2025 34.45 37.54 0.47 10.3
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
more

Opinions for stocks held in the Growth Portfolio

Xero Ltd (XRO) $149.75

MM has been active in XRO over recent months, exiting a long-standing position well above $190 before re-entering in July after their capital raise to expand into the US via payments platform Melio. As discussed here in June, we like this deal.

Read more

Mirvac Group (MGR) $2.28

MGR fell 2.6% on Wednesday, outpacing the real estate sector's 2.4% decline. We continue to believe the real estate sector will benefit from another 1 or 2 rate cuts by the RBA. Still, we can see ourselves reducing our overall exposure if/when the sector enjoys a push to fresh 2025 highs into Christmas.

Read more

Super Retail Group Ltd (SUL) $18.57

SUL posted record annual revenue of $4.1bn and beat full-year profit expectations in August, after sales improved through the second half. Importantly, recent trading activity highlighted improving sales momentum into 1H26 for the key Supercheap Auto business. Similar to HVN, post-result, the stocks' PT was raised in the region of 20-40%, arguably a bit late after the stock had already popped.

Read more

Mineral Resources (MIN) $36.87

MIN -1.55%: Reported its FY25 numbers on an overall weak day for iron ore stocks and especially lithium names with IGO Ltd (IGO) -4.67%, and Lion town (LTR) -3.8%.

Read more

Paladin Energy Ltd (PDN) $7.28

PDN -3.06%: Slipped on its FY25 earnings today, although we note it was an overall weak session for the sector with Deep Yellow (DYL) -3.39% Boss Energy (BOE) -5.96%. Compared to recent times a very quiet day following a report from PDN, illustrating it contained no real surprises.

Read more

Worley Ltd (WOR) $14.00

WOR +11.02%: soared today as the market looked through the FY25 numbers to the years ahead. The company is targeting higher revenue growth in FY26 than in FY25. WOR also intends to focus on costs, with AI and technology enabling it to adopt a sharper focus on overheads.

Read more

APA Group (APA) $8.85

APA delivered a solid FY25 result on Wednesday with earnings at the top of guidance, and marginally above consensus.

Read more

Goodman Group (GMG) $35.62

GMG  -1.44%: Reversed lower on Thursday after encountering some profit-taking into new highs. Full-year operating profit matched expectations, although their FY26 outlook felt a touch conservative, but they do like to upgrade.

Read more
more

Actions for stocks held in the Growth Portfolio

CAR
UPDATED 04/09/2025 08:33
MM is bullish towards CAR into Christmas
Add To Hit List
XRO
UPDATED 04/09/2025 08:32
MM is long and bullish XRO
Add To Hit List
APA
UPDATED 04/09/2025 08:32
MM is long and cautiously bullish APA
Add To Hit List
MGR
UPDATED 04/09/2025 08:32
MM is long and bullish MGR
Add To Hit List
SUL
UPDATED 02/09/2025 09:40
MM is long and bullish SUL
Add To Hit List
MIN
UPDATED 28/08/2025 18:19
MM remains long and bullish MIN
Add To Hit List
PDN
UPDATED 28/08/2025 18:19
MM remains long and bullish PDN
Add To Hit List
APA
UPDATED 28/08/2025 08:54
MM prefers APA over AGL
Add To Hit List
WOR
UPDATED 27/08/2025 18:20
MM remains long and bullish WOR
Add To Hit List
APA
UPDATED 22/08/2025 09:06
MM is long and bullish towards APA
Add To Hit List
more
scroll
Back to top