New York (HedgeCo.net) The HedgeCoVest Biotechnology Long-Only Model was the top performing model last week with a gain of 5.13%. This model has been the top performing composite model since early February and last week’s numbers only helped reinforce that status. The model is up almost 30% on a YTD basis.

The Healthcare Sector has been the top performing sector so far in 2015, gaining over 13% through the end of last week, but as you can see, the model is performing much better than the healthcare sector as a whole.

The model is focused on the healthcare sector with holdings split between biotechnology stocks as well as pharmaceutical stocks. The model is a composite model and is built by taking the highest conviction trades from all of the single-strategy models that are within the healthcare sector and forming one portfolio based on those trades.

Rick Pendergraft
Research Analyst
HedgeCoVest