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List of Investments

Investments included in the Djerriwarrh’s portfolio are selected for their profitability and long-term growth prospects.

At the same time we concentrate on stocks where there is an active options market. This is intended to give scope for the writing of predominantly exchange traded options with the level of the portfolio ‘covered’ by call options typically ranging between 20 to 50 per cent of the total portfolio at any one time.

A list of Djerriwarrh’s 20 largest holdings as at 30 June 2017 is set out in the following table.  

Top 20 Investments – Ordinary Securities  

Valued at closing prices at 30 June 2017
Total Value
$ million
1 CBA* Commonwealth Bank of Australia
66.8
2 WBC* Westpac Banking Corporation
63.1
3 BHP* BHP Billiton
43.1
4
NAB* National Australia Bank
35.0
5 ANZ* Australia & New Zealand Banking Group
34.0
6 WES* Wesfarmers
25.8
7
TLS* Telstra Corporation
25.7
8
CSL* CSL
25.2
9 BXB* Brambles
19.3
10 RIO* Rio Tinto

18.0

11 OSH* Oil Search
14.6
12 QBE* QBE Insurance Group
13.7
13 JHX* James Hardie Industries
13.0
14 WOW* Woolworths
13.0
15
QUB*
Qube Holdings
12.9
16 SEK*
Seek
12.2
17 WPL*
Woodside Petroleum
11.9
18 AMC*
Amcor
11.8
19 AMP*
AMP
11.6
20 MIR
Mirrabooka Investments
11.3

Total Portfolio Value

481.8

As % of Total Portfolio Value
(Excludes Cash)

64.8

*Indicates that options were outstanding against part or all of the holding

Note: Options
As part of our activities, the Company sells call options and put options. We may sell call options, but only against part or all of particular securities held by the Company. Put options are sold as an opportunity to acquire stock at advantageous prices. We have cash or undrawn banking facilities available to buy the underlying securities if all puts are exercised.