I intend to continue posting detailed portfolio updates on a quarterly basis, typically after the end of an earnings reporting cycle. For more frequent updates on the portfolio composition, I post regularly on X (formerly Twitter). The posts there can be seen by following @gauchorico. I have also been posting weekly changes to the portfolio on X. Since we’re currently between earnings cycles, I’ll just post a brief 2024 year end summary.
PRIOR PORTFOLIO UPDATES
PORTFOLIO PERFORMANCE
The first half of December was very strong with the portfolio reaching +102.0% on 17Dec. Since that YTD high, the portfolio gave back some of the gains and closed the year at +82.7%.
| DATE | GauchoRico Portfolio (YTD) | S&P500 Total Return (YTD) |
|---|---|---|
| Jan24 | 0.7% | 1.7% |
| Feb24 | 20.7% | 7.1% |
| Mar24 | 21.5% | 10.6% |
| Apr24 | 18.0% | 6.0% |
| May24 | 39.4% | 11.3% |
| Jun24 | 44.3% | 15.4% |
| Jul24 | 40.5% | 16.7% |
| Aug24 | 60.5% | 19.5% |
| Sep24 | 71.2% | 22.1% |
| Oct24 | 58.2% | 21.0% |
| Nov24 | 87.3% | 28.1% |
| Dec24 | 82.7% | 25.0% |
The GauchoRico portfolio’s cumulative return in the 8.00 years (through the end of December 2024) since the start of 2017 is now +1001.5% compared to the S&P 500 (TR)’s return of +201.8%. In those eight years, the portfolio’s CAGR was +34.9% compared to 14.8% for the S&P 500 (TR).
| Year | GauchoRico Return | GauchoRico Cumulative Return | S&P 500 (TR) Return | S&P 500 (TR) Cumulative Return |
|---|---|---|---|---|
| 2017 | +61.6% | +61.6% | +22.8% | +22.8% |
| 2018 | +55.9% | +152.0% | -5.2% | +16.5% |
| 2019 | +41.8% | +257.3% | +31.5% | +53.2% |
| 2020 | +245.6% | +1134.7% | +18.4% | +81.4% |
| 2021 | +27.7% | +1477.3% | +28.7% | +133.4% |
| 2022 | -71.4% | +350.5% | -18.1% | +91.1% |
| 2023 | +33.9% | +503.0% | +26.3% | +141.4% |
| 2024 | +82.7% | +1001.5% | +25.0% | +201.8% |
ALLOCATIONS
| 12/31 | 11/30 | 10/31 | 9/27 | 8/31 | 7/31 | 6/30 | 5/31 | 4/30 | 3/31 | 2/29 | 1/31 | 12/31 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSLA | 27.3%* | 19.6%* | 14.5%* | 20.4%* | 18.0%* | 15.7%* | 9.3%* | 5.6%* | 3.3%* | 2.9%* | 3.3% | 3.3% | 4.0% |
| NVDA | 18.1% | 21.3%* | 25.4%* | 19.6%* | 16.7% | 20.4%^ | 17.3% | 15.6% | 11.9%^ | 14.9% | 13.2% | 13.2% | 10.6% |
| MELI | 17.4%* | 17.6% | 18.9% | 16.2% | 17.2% | 15.2% | 14.8% | 12.2% | 12.1% | 11.7% | 12.4% | 10.0% | 10.4% |
| AMZN | 11.4% | 10.2% | 4.2% | — | — | — | — | — | — | — | — | — | — |
| AXON | 10.6% | 11.9% | 18.7% | 17.5% | 17.3% | 15.5% | 15.1% | 13.6% | 12.3% | 10.1% | 9.5% | 10.0% | 10.4% |
| ASPN | 5.8%* | 7.0%* | 7.1%* | 6.8% | 10.3% | 4.9% | 5.4% | 6.1% | 4.0% | 4.3% | 3.4% | 1.2% | — |
| ROOT | 5.3% | 4.5% | 1.2% | 1.4% | — | — | — | — | — | — | — | — | — |
| SNOW | 1.9% | 2.0% | — | — | — | — | — | 2.8% | 8.7% | 8.8% | 8.6% | 9.6% | 9.8% |
| TTD | — | — | 7.0% | 5.4% | 5.5% | 5.2% | 5.4% | 5.0% | 4.9% | 8.2% | 8.1% | 6.9% | 7.3% |
| TMDX | — | — | — | 11.1% | 12.5% | 11.5% | 11.7% | 10.3% | 7.8% | 6.0% | — | — | — |
| ELF | — | — | — | — | — | 10.1% | 9.9% | 10.5% | 12.0% | 8.9% | 10.6% | 11.2% | 10.2% |
| CRWD | — | — | — | — | — | — | 5.3% | 4.7% | 5.0% | 7.7% | 8.3% | 8.1% | 7.1% |
| CELH | — | — | — | — | — | — | — | 6.9% | 7.6% | 4.7% | 10.6% | 11.2%* | 11.9%^* |
| IOT | — | — | — | — | — | — | — | — | 4.8% | 5.0% | — | — | — |
| META | — | — | — | — | — | — | — | — | 0.2%** | — | — | — | — |
| ZS | — | — | — | — | — | — | — | — | — | 0.1%** | — | — | — |
| WW | — | — | — | — | — | — | — | — | — | — | 0.1%^ | 0.2%^ | 0.5%^ |
| AEHR | — | — | — | — | — | — | — | — | — | — | — | — | 3.2% |
| Cash | 3.3% | 7.0% | 4.3% | 2.1% | 2.3% | 2.3% | 6.3% | 6.8% | 5.6% | 6.6% | 11.3% | 13.1% | 13.4% |
The allocation details described below are as of December 31, 2024. Three of the eight positions in the portfolio are leveraged with long-term call options. TSLA: Of the 27.3% position, 15.7% is in shares and 11.6% is in Dec2026 $330 and $350 call options. MELI: Of the 17.4% position, 15.4% is in shares and 2.1% is in Jan2027 $1800 and Jan2026 $1700 call options. ASPN: Of the 5.8% position, 5.3% is in shares and 0.5% is in Jan2026 $22.5 call options. The portfolio consists of 83.6% in shares, 3.3% cash, 14.1% long-term call options, and -1.1% short-term puts.
PORTFOLIO CHANGES
Changes since 1Dec 2024
My last portfolio update was on 1Dec 2024. I’ve been logging my portfolio allocation changes on my X account (see @gauchorico). I no longer report my detailed changes in my portfolio updates, but I have been reporting my allocation changes (buys, sells, and conversion between shares and LEAPS) on a weekly basis on my X account: For more granular updates, see @gauchorico.
The opinions, thoughts, analyses, stock selections, portfolio allocations, and other content is freely shared by GauchoRico. This information should not be taken as recommendations or advice. GauchoRico does not make recommendations and does not offer financial advice. Each person/investor is responsible for making and owning their own decisions, financial and otherwise.