Institutional Investors

“Our Mission Is To Deliver A Long-Term Investment Process That Is Consistent...Not Intermittently Brilliant.”

Our Philosophy

We believe stock prices follow earnings and investors consistently under-react to changes in company fundamentals. We seek to acquire attractively valued businesses at a fair price and avoid statistically “cheap” businesses [value traps].

Traditional Strategies:

Core Equity

The Core Equity strategy seeks to provide long-term capital appreciation through investment in a diversified portfolio of companies with minimum market capitalization of $10 billion.

Select Equity

The Select Equity strategy seeks to provide long-term capital appreciation through investment in a diversified portfolio of companies with minimum market capitalizations of $400 million. The strategy has no upper market capitalization limits.

Small/Mid Cap Equity

The SMID Cap Equity strategy seeks to provide long-term capital appreciation through investment in a diversified portfolio of companies with market capitalizations ranging from $400 million to $20 billion.

Small Cap Equity

The Small Cap Equity strategy seeks to provide long-term capital appreciation through investment in a diversified portfolio of companies with market capitalizations ranging from $400 million to $6 billion.