Pyad has released his 'HYP1 is 23' anniversary post here -
https://www.lemonfool.co.uk/viewtopic.php?f=15&t=41459
I've started this separate thread looking at the HYP1 income and capital diversification so as not to disrupt that thread with this analysis, as I completely understand that it may not interest everyone, and I do want to be respectful of Pyad's great ongoing HYP1 experiment by not including discussion of this specific aspect on that particular HYP1 anniversary thread.
On the above 'HYP1 is 23' thread, pyad has made the following comment -
pyad wrote:
Conclusions
As I've noted before, the largest holdings move around over the years which to some extent counters the often repeated criticism of a no-tinker portfolio that it ends up concentrating income and capital in a very few shares.
It does, but over time not always in the same shares.
That conclusion, however, doesn't really seem to be backed up by the data from the last ten years of HYP1 income, which shows quite a steady concentration of the larger income-amounts coming from much the same holdings from year to year over that period.
Below are the per-company dividends received since HYP1's 10th birthday, with the largest five contributors highlighted in yellow for each year, and with a percentage figure at the bottom of each year's data that shows how large a percentage of total HYP1 dividend income those highlighted top-five contributors have made -
Below is an income-comparison table looking at how the largest five HYP1 income-producers from last year have faired on HYP1's 23rd birthday -
The above images are sourced from my own spreadsheet.
Cheers,
Itsallaguess