Small Cap Value

Consistently uncovering value

Profile

  • Disciplined investment process consistently executed since 1996
  • Team of 3 portfolio managers with an average of 22 years of experience
  • Institutional client base limited to 35 clients
  • Assets under management $951 million

Philosophy

Our proprietary valuation analysis and fundamental research approach guide us in identifying stocks that will return to a state of fair value, and outperform their peers.

Investment Process

Our Small Cap Value team employs a proprietary valuation process to identify the most inexpensive stocks in each sector which results in a candidate pool of 175 names. To discern true value from the merely cheap, the team conducts extensive fundamental research in search of one of our five Value Buy Criteria:

  • Resolvable short-term problem
  • Catalyst for change
  • Unrecognized assets
  • Fundamental undervaluation
  • Take-over potential

The presence of our Value Buy Criteria increases the likelihood that an inexpensive stock will return to a state of fair value and outperform its peers.

Portfolios are fully invested in 90 to 110 holdings with no position exceeding 3.5% in weight. The portfolio is always diversified across all sectors at all times.