BEDZ: 3rd Quarter 2021 Portfolio Review
Bluegreen Vacations Holding Corporation (NYSE: BVH) and Golden Entertainment, Inc (NASDAQ: GDEN) were both added to the portfolio during the quarter and are now top holdings. BVH in particular was a very successful trade and ended the quarter as the Fund’s top performer. Travel + Leisure Co (NYSE: TNL) and Penn National Gaming (NASDAQ: PENN) were also added during the quarter.
Contributors / Detractors:
Winners outnumbered losers in the quarter, and leisure and vacation-oriented stocks led the way. The portfolio’s stocks that were down during the quarter were quite varied and seemed company-specific.
Investors in a focused travel related Fund should have a long-term focus. While the Fund’s overall performance is largely tied to the success of the hotel industry, we plan for relative outperformance through good trading techniques and successful individual security selection among hotels and related areas.
|Ticker||Security Description||Portfolio Weight %|
|BYD||BOYD GAMING CORP||5.09%|
|VGR||VECTOR GROUP LTD||4.64%|
|FLL||FULL HOUSE RESORTS INC||4.47%|
|RICK||RCI HOSPITALITY HOLDINGS INC||4.46%|
|RGR||STURM RUGER & CO INC||4.43%|
|MCRI||MONARCH CASINO & RESORT INC||4.40%|
|GLPI||GAMING AND LEISURE PROPERTIE||4.30%|
|JACK||JACK IN THE BOX INC||3.87%|
|VICI||VICI PROPERTIES INC||3.80%|
|CZR||CAESARS ENTERTAINMENT INC||3.54%|
As of 09.30.2021. Cash is excluded. Subject to change.
Please see our complete Fund holdings at advisorshares.com/etfs/bedz. The holdings details are updated each market day.