Flagship fell -4% in January, versus the S&P 500 which fell -1%.
Opportunities rose +7% in January, versus the Russell 2000 which rose +5%.
Below is a full recap. As always, let us know if you have any questions.
Our Flagship strategy is now up +73% after fees since February 2018 inception (aggressive risk profile), following a -4% decline in January.
By comparison, the S&P 500 rose +45% since Flagship's inception, with a -1% decline in January.
Represents inception-to-date returns for Titan Flagship (after fees) through January 2021. See full disclosures here.
Our Opportunities strategy is now up +69% after fees since its August 2020 inception (aggressive risk profile), following a +7% return in January.
This meaningfully outperformed the Russell 2000 benchmark, which rose +31% since Opportunities' inception following a +5% return in January.
Represents inception-to-date returns for Titan Opportunities (after fees) through January 2021. See full disclosures here.
We believe our Opportunities portfolio (which focuses on smaller stocks) is the perfect complement to our Flagship portfolio (which focuses on larger stocks).
To invest in Opportunities, head to the mobile app and tap the ( + ) button in the navigation bar. After selecting your account and deposit value, you can toggle your investment to go to Opportunities.
Flagship and Opportunities shared some key drivers of returns last month:
1) Big earnings beats but disappointing stock price reactions. 80% of S&P 500 co's beat Q4 earnings estimates but their stocks fell -2% on avg. Increasingly high bar stemming from the large market rally in recent months weighed on our Flagship holdings, particularly big tech.
2) Mixed month of coronavirus headlines. Early concerns about sluggish vaccine rollout shifted to optimism around falling cases and hospitalizations. Broad tailwind for "reopening" stocks like DIS.
3) Pure alpha augmented by retail driven short squeeze. We had several massive winners in Opportunities driven by both fundamental execution + their heavily shorted nature. The main market story in January was the "short squeezes" that retail traders helped initiate.
Top Performers: Twilio (TWLO) +6% Alphabet (GOOG) +5% Microsoft (MSFT) +4%
Worst Performers: Visa (V) -12% Booking Holdings (BKNG) -13% Fidelity Info Services (FIS) -13%
Top Performers: Appian (APPN) +35% Fastly (FSLY) +25% Collectors Universe (CLCT) +21%
Worst Performers: Bill.com (BILL) -11% Guidewire (GWRE) -11% SS&C Technologies (SSNC) -14%
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Refer to Titan's Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. The introducing Broker Dealer is Titan Global Technologies LLC, a registered broker-dealer and member FINRA/SIPC. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. Contact: 508 LaGuardia Place NY, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
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