My interest is in scanning 401k portfolios to image the efficient frontier and highlite portfolios that have high risk adjusted returns. The portfolio with highest Sharpe ratio will appear in the scan image for each 401k plan posted.
Friday, July 8, 2011
National Oilwell Varco 401k (RSP) Plan PSDS Scan 12-31-2010
The National Oilwell Varco 401k plan added a Roth option this year and that should be in all plans in my opinion. The Balanced portfolio improved a little year over year as did company stock NOV. The Balanced portfolio's 3 largest holdings are the GIC (41.8%) the bond fund PTTRX (16.8%) and a Wells Fargo Short Term Investment Fund SSHIX (16.9%). The employee top holdings are the GIC (16.5%), company stock NOV (16.0%) and PTTRX (11.0%) that produced a 5yr APR = 6.38% with a positive Sharpe ratio. All in all a good plan and a good but very volatile stock.
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