Avnet, Inc. (AVT)

The 2021 Double Net Value Portfolio has had a great first two months as small-cap stocks in general have been hot.

The aggregate return of the 2021 Double Net Value Portfolio one month since inception is outpacing a handful of Russell indices.

Eighteen stocks make the cut for the 2021 portfolio, which is comprised of seemingly cheap names relative to net current assets.

As a sometimes 'dumpster-diver', I'll look for situations where names appear to have been beaten up well beyond what they deserve.

The 22 stocks in the Double Net Value Portfolio collectively outperformed the value components of the Russell 2000 and Russell Micro indices.

Most of the 22 largely small-cap stocks that make up the portfolio are now in positive territory, with Hibbett Sports leading the way.

The portfolio of 22 smaller names has slid into negative territory, showing the pressure the market has put of late on smaller-cap stocks.

As we enter the dog days of summer, with lower volume and perhaps more volatility, portfolio performance may get interesting.

This is the first inception-to-date period that the portfolio has not outperformed its benchmarks.

These 22 stocks in the aggregate are still outpacing the Russell 2000 and Russell Microcap indices, but by a narrower margin than before.

These 22 stocks in the aggregate continue to outpace the Russell 2000 and Russell Microcap indices as all but three are in positive territory.

Titan Machinery is the top performer so far in 2019, up 38% since portfolio launch.

The 22 names in the portfolio as a group are outpacing the value components of the Russell 2000 and Russell Microcap indices.

Despite disappointing performance this year, the strategy has shown solid return in the past.

It was not a great year for this value portfolio, with only 5 stocks in positive territory for the year.

This mix of 20 deep-value names was outperforming a couple Russell indices three months back but is trailing them now.

This portfolio of 10 eclectic names has pushed higher since the start of 2018 and is up 40.5% since inception just 14 months ago.

Fossil Group has done most of the heavy lifting among the small stocks in the portfolio, though there are other winners, too.

FOSL is up 92% since I launched this group, while HIBB is ahead 27%.

It is always important see how such value screens perform in times of market stress.

The Double-Net Dividend portfolio has been a success so far and it's largely due to a beaten-down sector.

One month in, 15 out of 20 names are in positive territory, with Fossil Group soaring 39%.

Overall it was a good year for this somewhat off the wall screen that I developed several years ago as a way to find seemingly cheap companies.

Electro Scientific Industries leads a parade of value stocks that have performed quite nicely in a growth-oriented market.

Despite the disparity this year between growth and value, my 2017 Double Net Value Portfolio is not struggling.

Double-Net Dividend stocks, which some would call misfits, doing OK so far.

Buying's good for the acquirers, which should give other companies ideas.

Just two months after its creation, the portfolio handily is beating the Russell 2000 Index and Russell Microcap Index.

'Double-nets' have been fertile ground for acquisitions.

Avnet insiders have been buying up shares.