It’s now been a full month of trading since we published our inaugural set of 10 free Select picks and 10 subscribers-only Prime picks, which makes it time for you to re-balance your Prime and Select portfolios, selling any picks no longer on the Prime and Select lists, and replacing them with the new names on the lists. Note that with the month coming to a close, we’ve already published our picks for next month. You can check them out here.

It’s also an opportune time to look back on how our Prime and Select picks performed over our first month. As in our prior posts, the charts below illustrate the performance of equally weighted portfolios comprising our 10 free Select picks and 10 subscribers-only Prime picks, respectively, which we published on May 2nd, against the U.S. equity market-tracking SPY ETF. Returns are calculated as described in the chart footnotes, and our May 23rd post on transaction costs can help you think about/calculate the costs of achieving the returns shown below (both SPY’s and Stoney Point’s).

In short, it was an explosive month for the U.S. stock market in general. By our calculations, the total gross return on an investment in SPY from the open on May 4 to the close on May 29 was 8.40%, which is north of the market’s historical average annual return, by many measures. But it was more explosive for both our Prime and Select picks. As shown below, the total gross returns of equally weighted portfolios of our Prime and Select picks over the same time period were 12.88 percent and 11.43 percent, respectively. At no point in the month was the total return on SPY from the start of the month higher than either our Select picks portfolio or our Prime picks portfolio.

Stay tuned for more analysis and be sure to re-balance now that the new picks are out. And, as always, don’t forget to follow up on Twitter (@StoneyPointCap).