Skip to Content

International Equities Portfolio

For those seeking international direct equities exposure

About the International Equities Portfolio

About The Portfolio

A high conviction direct international equities portfolio that targets well known global brands, along with some smaller, high growth opportunities.

Prices in $US unless otherwise stated in the stock name

Portfolio Performance
Portfolio 1M 3M 6M 1Y 3Y pa ITD pa*
INTERNATIONAL EQUITIES 2.82% 8.16% 7.70% 22.53% 12.45% 17.47%
MSCI WORLD AUD 5.82% 12.69% 11.86% 29.41% 15.10% 13.05%
VALUE ADD (3.00%) (4.53%) (4.16%) (6.88%) (2.65%) +4.42%
* Inception date 26/06/2019
Portfolio Holdings trade now
COMPANY CODE STOCK NAME WEIGHT (%) RISK TIME HORIZON ENTRY DATE ENTRY PRICE ($) LAST PRICE ($) DIVIDENDS ($) GAIN / LOSS (%)
AAPL US Apple 5 Moderate Medium 26/06/2019 48.49 173.72 2.98 264.41
ALB US Albemarle 4 High Medium 12/02/2024 115.75 124.58 7.63
BABA US Alibaba Group Holding 6 Moderate Medium 27/11/2019 194.97 73.52 0.98 -61.79
BTU US Peabody Energy 4 High Medium 18/05/2023 20.90 24.29 0.15 16.94
BX US Blackstone Group 4 High Medium 07/10/2022 89.48 123.43 3.42 41.76
CMG US Chipotle Mexican 4 High Medium 24/03/2022 1548.47 2773.53 79.11
DE US Deere & Co 6 Moderate Long 06/08/2021 367 385.31 11.93 8.24
FCX US Freeport McMoRan 6 High Medium 20/07/2022 32.17 44.48 0.82 40.81
FSLR US First Solar 6 High Medium 18/05/2023 187.45 149.48 -20.26
GOLD US Barrick Gold 5 Moderate Medium 18/03/2021 20.59 15.63 0.56 -21.37
HCA US HCA Healthcare 3 Moderate Medium 01/11/2023 225.77 327.17 44.91
MSFT US Microsoft Corp 5 Moderate Medium 25/02/2020 172.07 417.32 6.04 146.04
PSHZF US Pershing Square Capital 4 Moderate Long 18/05/2023 34.74 50.15 0.13 44.73
SNOW US Snowflake Inc 3 High Medium 28/07/2022 140.56 156.31 11.21
TTD US The Trade Desk 5 High Medium 24/04/2020 42.31 78.35 85.18
UBS US UBS Group 5 Moderate Medium 22/08/2023 25.44 31.55 24.02
WFC US Wells Fargo & Co 6 Moderate Medium 27/11/2019 51.26 57.77 2.84 18.24
YETI US YETI Holdings 5 High Medium 28/02/2023 38.89 36.61 -5.86
Portfolio cash position: 14%
Recent Sales trade now
Company code STOCK NAME WEIGHT(%) RISK TIME HORIZON EXIT DATE ENTRY PRICE ($) CLOSE PRICE ($) DIVIDENDS ($) GAIN / LOSS (%)
TTD US The Trade Desk (USD) 1 High Medium 31/01/2024 42.31 67.91 60.51
BX US Blackstone Group 1 High Medium 31/01/2024 89.48 125.95 3.42 44.58
BC US Brunswick Corp 5 Moderate Medium 31/01/2024 96.96 82.26 4.06 -10.97
GOLD US Barrick Gold 2 Moderate Medium 31/01/2024 20.59 15.76 0.56 -20.74
CCJ US Cameco Corp 3 High Medium 16/01/2024 36.2 50.13 0.09 38.73
DIS US Walt Disney 5 High Medium 17/07/2023 96.81 88.42 -8.67
AAPL Apple 1 Moderate Medium 22/06/2023 48.49 183.74 2.98 285.1
MSFT US Microsoft 1 Moderate Medium 22/06/2023 172.07 334.12 4.61 96.86
HCA US HCA Healthcare 4 Moderate Medium 22/06/2023 168.54 286.49 1.2 70.7
HCA US HCA Healthcare 1 Moderate Medium 18/05/2023 168.54 278.28 0.6 65.47
CMG US Chipotle Mesican 2 High Medium 18/05/2023 1548.47 2060.8 33.09
PYPL US PayPal 6 High Medium 18/05/2023 290.84 61.46 -78.87
XOM US Exxon Mobil Corp 4 Moderate Medium 28/02/2023 87.58 111.24 2.7 30.1
GOOGL US Alphabet Inc 6 High Medium 28/02/2023 131.36 89.33 -32
TSCO LN Tesco Pls (BP) 5 Moderate Medium 07/10/2022 277.1 199.3 7.7 -25.29
TTD US The Trade Desk (USD) 2 High Medium 17/08/2022 35.77 72.1 101.57
JD US JD.com 5 High Medium 15/08/2022 76.87 56.36 1.24 -25.07
MSFT US Microsoft (USD) 3 Moderate Medium 28/07/2022 172.07 274.32 3.25 61.31
700 HK Tencent (HKD) 6 High Medium 20/07/2022 386.51 342 2.8 -10.79
AMZN US Amazon 6 Moderate Medium 11/05/2022 3333.2 2162.07 -35.14
FCX US Freeport-McMoRan 5 Moderate High 24/03/2022 38.5 50.14 0.07 29.69
XOM US Exxon Mobil 5 High Medium 2/03/2022 55.4 80.6 45.49
WFC US Wells Fargo & Co 3 Moderate Medium 23/02/2022 51.26 55.85 1.29 11.47
BHP LN BHP Group PLC (GBp) 6 Moderate Medium 28/01/2022 1650 2381 170.43 54.63
SHOP US Shopify Inc 6 High Medium 25/11/2021 1324.28 1650 24.6
ZM US Zoom 4 High Medium 06/10/2021 369.75 251.3 -32.04
005930 KS Samsung Electronics Co Ltd (KRW) 5 Moderate Medium 27/08/2021 46250 74500 3702 69.09
2318 HK Ping An Insurance Group Co of 7 Moderate Medium 06/08/2021 91.28 68.05 3.15 -22
VALE US Vale SA 6 High Medium 22/07/2021 10.26 22.46 118.91
UBS US UBS Group AG 4 Moderate Medium 14/04/2021 12.2 15.7 0.91 36.15
more

Opinions for stocks held in the International Equities Portfolio

Freeport-McMoRan Inc (FCX US) $US43.32

FCX is the world's largest producer of molybdenum, a major copper producer, and it operates the world's largest gold mine, a perfect mix on Wednesday night, which saw the stock surge +7.6% in just one session. Like most miners, this US giant is likely to follow the prices of the commodities it produces closely.

Read more

Yeti Holdings (YETI US) $US37.81

The outdoor product company, founded in 2006 and went public in October 2018, has three segments: Coolers & Equipment, Drinkware, and other, comprised of Outerwear & Gear. Everyone seems to love their products, and we certainly do, yet the stock is down ~20% since they reported Q4 earnings towards the end of February.

Read more

Albemarle (ALB US) $US109.40

We bought ALB in the International Equities Portfolio 3 weeks ago at $US115.75, with the stock having a solid initial run, only to fall ~16% overnight to trade back below our entry-level. They announced a $2bn capital raise via preferred stock, which is clearly a surprise and highlights two issues for the Lithium company and the market more broadly. Cash flows are weak, and they need cash. This is understandable when we consider how the Lithium price has moved as outlined in this table, which looks at a summary of Lithium prices for the past year, along with the move between January and February of 2024.

Read more

Snowflake (SNOW US) $US188.28

A tough session overnight for data business Snowflake (SNOW US), held in our International Equities Portfolio down 18% after announcing a mildly weaker outlook and the surprise departure of their CEO Frank Slootman - who’s incredibly well regarded. We think this surprise accounts for the majority of the decline and when combined with a slightly weaker-than-expected outlook, overlayed with the ~70% rally the stock has experienced since November, some selling is understandable.

Read more

Guzman y Gomez – Results

The fast food Mexican is not a listed company but reported results today with a 1H loss of $3m on global sales that reached $471m in the half, up more than 30% on the same period a year ago. It opened 13 restaurants in Australia in the 6-months, and closed one, taking the network to 183 local stores across franchised and corporate-owned sites - same-store sales were up 11%.

Read more

First Solar (FSLR US) US$144.99

In Australia, we’ve witnessed the boom and bust that has played out in the Lithium sector, as the supply response was significantly higher than many expected. In hindsight, this is understandable,  decarbonisation is such a compelling theme, one of the most sure bets over the next 30 years and that in itself is a huge incentive to scale up to capture the benefits.

Read more

The Trade Desk (TTD US) $US82.56

The advertising technology company reported strong Q4 earnings at the end of last week, and the stock rallied ~17% on the result, although it pulled back ~7% overnight. This often plays out with TTD and other stocks that have a high degree of stock-based compensation for employees, the window to sell stock opens after they report results.

Read more

Peabody Energy (BTU US) $US24.38

Peabody (BTU US) is the largest coal producer in the US; its shares have trod a similar path to NHC & WHC with a touch less volatility. Earlier in the month, the company reported a 4Q net income of $US192mn, dropping down to a profit of $1.33 per share.

Read more

Albemarle Corp (ALB US) $US112.20

In simple terms, Lithium gets mined by companies like Pilbara (PLS) before it goes through a complex chemical process to produce Lithium Hydroxide or Carbonate to refine/upgrade it for battery use. 

Read more
more

Actions for stocks held in the International Equities Portfolio

FCX US
UPDATED 15/03/2024 09:35
MM is long and bullish towards FCX
Add To Hit List
YETI US
UPDATED 13/03/2024 12:31
MM continues to like YETI US ~$US38.00
Add To Hit List
ALB US
UPDATED 06/03/2024 08:59
MM remains bullish on ALB US
Add To Hit List
SNOW US
UPDATED 01/03/2024 12:48
MM remains long & bullish SNOW US
Add To Hit List
CMG US
UPDATED 28/02/2024 17:10
MM remains long & bullish CMG US
Add To Hit List
FSLR US
UPDATED 28/02/2024 10:04
MM remains long and bullish FSLR US ~$US145
Add To Hit List
TTD US
UPDATED 27/02/2024 11:24
MM remains long and bullish TTD US
Add To Hit List
BTU US
UPDATED 20/02/2024 16:27
MM is neutral BTU through 2024
Add To Hit List
ALB US
UPDATED 14/02/2024 14:56
MM is bullish ALB US ~US$112.00
Add To Hit List
ALB US
UPDATED 12/02/2024 16:33
MM are buying ALB US in the International Equities Portfolio, allocating 4% around $US116.00
Add To Hit List
more
scroll
Back to top