Money & Finance - JSK Stock Portfolio Up 10.6% in August

The JSK stock portfolio finished the month of August up 10.6%. The portfolio handily outperformed the major indicies with the S&P 500 up 2.0%, the Nasdaq up 4.3% and the Dow Jones Industrial Average up 0.6%.

Year to date our stock portfolio is up 47.2%.

Investment Strategy

The JSK equity portfolio is a discretionary portfolio dedicated to providing superior returns on investments in all market conditions.  The objective is capital appreciation and growth. The portfolio aims to achieve a high absolute rate of return by utilizing opportunistic trading principles and investing in short-term, event driven situations.  

This is a long/short strategy, buying and selling short securities to enhance performance. Use of leverage and derivative securities will also be used to enhance returns.

 

Investment Objectives

JSK Partners implements the trading and investment strategies by establishing the positions as a pure equity long/short portfolio and investing primarily in US equity securities.  The manager may use short sales to hedge the portfolio risk and leverage in the portfolio. 

Investment Methodology

JSK Partners believes that a diligent and nimble investor can take advantage of short- and medium-term market inefficiencies.  Opportunistic trading can produce opportunities for the company to manage the risk of overall market movements by simultaneously taking partially offsetting long and short positions in different equity securities where it has an informational advantage over the entities on the other side of the transaction.  

 

Joseph S. Kalinowski, CFA

  

 

JSK Partners of New York, LLC
40 Wall Street, 28th Floor
New York, NY 10005

T (212) 537-0462
T (800) 618-1120
F (800) 618-1120

www.jsk-partners.com

 

No part of this report may be reproduced in any manner without the expressed written permission of JSK Partners of New York, LLC.  Any information presented in this report is for informational purposes only.  All opinions expressed in this report are subject to change without notice.  JSK Partners of New York, LLC have proprietary accounts and funds under management. These entities may have had in the past or may have in the present or future long or short positions, or own options on the companies discussed.  In some cases, these positions may have been established prior to the writing of the particular report.  The above information should not be construed as a solicitation to buy or sell the securities discussed herein.  The publisher of this report cannot verify the accuracy of this information.  The owners of JSK Partners of New York, LLC and its affiliated companies may also be conducting trades based on the firm's  research ideas.  They also may hold positions contrary to the ideas presented in the research as market conditions may warrant.