Small Cap Value

Consistently uncovering value


  • 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 $738 million


Our proprietary valuation analysis and fundamental research approach guide us in identifying stocks that we expect 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 least expensive 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.

The above information is supplemental to the GIPS compliant presentation. Please refer to the SCV GIPS Compliant Presentation and the SMIDCV GIPS Compliant Presentation.