Managed Accounts - Concentrated Equity

For investors seeking alpha or looking for an aggressive approach to growing their portfolios we provide concentrated separate managed accounts. These accounts are most suitable for investors with a long-term investment horizon and the ability to withstand increased volatility on a quarter-to-quarter basis. Our strategy focuses the portfolio on growing companies that are undervalued based on their current assets and cash flows. We look for companies in secular growth markets that are misunderstood or out of favor.

Our separate managed accounts are long-only equity accounts which concentrate on the firm’s best equity ideas. Managed accounts provide the ability to customize portfolios for each client and to more effectively manage the tax consequences of each account, if necessary. For clients with the appropriate risk tolerance we suggest managed accounts for investors with a minimum of $250,000 to invest.

Our managed account portfolios utilize our proprietary independent research. Our research is fundamentally driven and is “all cap”, that is, we are not limited or restricted from buying reasonably priced companies based on their market capitalization. We have a contrarian style that attempts to capitalize on short-term price declines in stocks with fundamentally sound long-term business opportunities. These short-term declines typically result from market fluctuations caused by short-term business issues, “out of favor’ periods in the markets they operate, or misunderstood prospects for the business.

Our managed accounts are also concentrated and generally hold only approximately 20 - 25 positions. This allows us to focus on what we believe are the best opportunities in the market. As a result, our managed account investors must be able to withstand more variability in the accounts given that they will generally not correlate to the market indices at any one point in time.