PortfolioTicker provides open diary snapshots of market conditions and performance of a portfolio of NYSE and NASDAQ listed tech stocks owned by Bunting Pty Ltd.
These snapshots are particularly valuable as a basis for researching drivers of change in historical prices for market indices and stock prices. They provide a snapshot for a specified date of:
- what happened on that day – with extracts from reports and news commentary and references and links to those sources,
- what were near and longer term projections and expectations at that time, and
- intra-day charts of price movements and closing prices for indices, stocks and currencies.
About Bunting Pty Ltd
Bunting Pty Ltd is a technology investment, product development and services company.
The company has remained cashflow positive and debt-free since its foundation in March 2001. We fund our own products until they become self-funding, and then they are set up as separate debt-free businesses for co-investment.
Our first Software as a Service (SaaS) business, eGrants.com, was the platform for a new government services company eGov Pty Ltd in Mar 2006. It was the Federal Government’s first Software as a Service contract and supported grant programs with budgets totalling almost AUD 1 billion and thousands of applicants and managed grants. eGrants was certified to PCI DSS standards with daily audits against that standard by an external security analyst. It achieved a user compliance rate of 99.5% and a user satisfaction rate (satisfied, very satisfied) of 95%.
Our current product development interest, in collaboration with Techseeder Pty Ltd, is investment research and portfolio management tools. And we’ve been building a domestic solar power management and reporting system.
Our investment strategy: technology-focused equity long only
Our portfolio investment strategy is focused on the fundamental technology and infrastructure of the future. So we define “slots” in a vision of the present and future and then invest in companies that we believe will dominate, or be most successful in many of those “slots”. These slots include, for example: search, data, analysis/machine learning/artificial intelligence, robotics, IOT, security, entertainment (movies, games, music), retail, payment services, advertising, social communication/networks, cloud infrastructure, access devices (phones, computers, wearables, etc).
Most of our US technology stocks were acquired during 2010-2012 when the AUD was above parity with the USD. We’ve never sold any of our US-listed stocks (except for Microsoft’s cash acquisition of Linkedin). This long only momentum investment strategy was endorsed by Bloomberg as the winning strategy for 2017 Bloomberg
Before shifting our focus to USA in Oct 2010 we had a broad portfolio of 18 ASX-listed mainly technology companies, however we now hold just 2 ASX-listed technology stocks:
- digital media company REA Group Ltd [REA.AX]: realestate.com.au, realcommercial.com.au and flatmates.com.au. We’ve traded in REA since 2007, and have adopted a long only strategy with REA since 2013.
- online recruitment services company Seek Limited [SEK.AX].
In addition to capital growth these ASX-listed investments provide franked dividends to fund research, product development, and new investment in Australian technology startups.
We support Australian technology development (products and businesses) through our investment in the Sydney Angels Sidecar Fund in partnership with Techseeder Pty Ltd. However since writing off our investment in Pollenizer, Australia’s first tech startup incubator, we are cautious investors in this space.
We are …
Lloyd Bunting, Portfolio Manager
Lloyd is the founder of Bunting Pty Ltd. He has been involved in information technology since 1971, with a background in Australian Government (Defence, Public Service Board, Finance), banking (ANZ Bank), technology (EDS/HP-ES), and major technology project management services (for advanced Defence and civil aviation projects). Lloyd has degrees in business and investment (BBus, MBA) from NSWIT/UTS and is a retired FAICD (Foundation Fellow), FASA/FCPA and MACS.
Anita Eglitis, CEO of eGov and Techseeder, Business Partner
Anita is the founder of Techseeder Pty Ltd and partners directly or through Techseeder with Bunting Pty Ltd on tech ventures such as eGov Pty Ltd and startup funds (such as the Sydney Angels Sidecar Fund [ESVCLP]). Anita is an entrepreneur, investor and macroeconomist with experience in Australia’s Treasury Department, ANZ Bank (Economics, Capex and Structured Finance), Victorian Government ($11 billion infrastructure portfolio), angel investment (Sydney Angels), and venture capital (VP, Director in several firms, as well as her own venture capital advisory firm, Venture Analysis). She also manages other portfolios of Australian and overseas stocks and is an investor in tech startups. Her degrees include an M.A. in economics from the University of Cambridge (Girton College) in England. Anita has been a speaker at CPA Australia and CommBank seminars and a mentor at AngelCube. More
Dr Sue Bunting, Advisor
Sue is an advisor to Bunting Pty Ltd. She was a commercial law solicitor with the Canberra office of a major law firm and Principal Legal Officer in the Federal Attorney-General’s Department (Courts and Tribunals, and Human Rights). She was also a research assistant at ANU Law School and a tutor at Melbourne University. Sue’s degrees include a BA from the University of New England, LLB (Hons) and MMus from the Australian National University, PhD in intellectual property law from the University of Melbourne, Master’s degree from the University of Oxford (Merton College) in England, and a Graduate Diploma in Classics from the University of Melbourne.