Hello @jmpullat. One of the advantages of our system oriented investment (like momentum) is the discipline it brings. It also removes the discretion that one might want to apply.
I started with 10 stocks. Later, when I wanted to invest more, there were two choices, (1) increase the amount in each stock or (2) expand the pf size and continue.
I went with option 2 because it gives me a long runway for future investments. Typically, you can go up to 10% of the universe and this case, as the universe if Midcap150, I can go with a 15 stock portfolio without any concern.
Not sure what you mean by % holding.
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If you are asking about % holding of each stock in the pf. My objective is always to go with an equi-weighted pf. Thereafter, I let the winners run without any limitation. However, when I invest some bulk amount (which I do when I have investible surplus), I try to get back to equi-weighted.
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If you are asking what % of my pf is momentum. I invest in multiple pfs using this strategy. My total investment in momentum pfs is slightly more than 10% of my total equity investment. That is because, I started in 2021 only and typically, more of the new investments are in momentum.
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