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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 September 2017 is set out in the following table.  

Top 20 Investments – Ordinary Securities  

Valued at closing prices at 30 September 2017
Total Value
$ million
1 WBC* Westpac Banking Corporation
66.0
2 CBA* Commonwealth Bank of Australia
60.8
3 BHP* BHP 
48.1
4
NAB* National Australia Bank
37.6
5 ANZ* Australia & New Zealand Banking Group
35.8
6 CSL* CSL
26.7
7
WES* Wesfarmers
26.5
8
TLS* Telstra Corporation 23.8
9 RIO* Rio Tinto
18.8
10 BXB* Brambles

17.9

11 OSH* Oil Search
14.9
12 MQG* Macquarie Group
14.6
13 JHX* James Hardie Industries
13.8
14 WOW* Woolworths
12.8
15
QUB* Qube Holdings
12.3
16 SEK*
Seek
12.0
17 WPL*
Woodside Petroleum
11.6
18 AMC*
Amcor 11.1
19 TCL*
Transurban Group
10.8
20 AMP*
AMP
10.8

Total Portfolio Value

486.6

As % of Total Portfolio Value
(Excludes Cash)

66.0

*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.