Portfolio Construction

We construct portfolios using an optimization routine designed to maximize the weight of stocks with the most desirable characteristics, as determined by our team.

Portfolio Characteristics

Inception DateFebruary 1, 2001
Assets Under Management (in millions)$59.30
Investment StyleValue
BenchmarkS&P 500 Value

Portfolio Statistics as of 12/31/20

Focused Large Cap ValueS&P 500 Value
Average Market Capitalization ($ Bil)$165.7-
Indicated Yield2.8%-
Trailing P/E Ratio19.8x-
Forward P/E Ratio16.2x-
Price/Book Ratio2.1x-

Sector Diversification as of 12/31/20

Focused Large Cap Value
Communication Services3.10
Consumer Discretionary6.00
Consumer Staples11.40
Energy5.90
Financials21.20
Healthcare20.40
Industrials8.70
Information Technology9.30
Materials2.50
Real Estate3.00
Utilities5.50
Cash & Cash Equivalents2.90

Top 10 Holdings as of 12/31/20

JPMorgan Chase5.1%
S&P Global4.5%
Procter & Gamble4.2%
Amgen Inc.3.8%
The AES Corporation3.8%
Johnson & Johnson3.8%
Pfizer Inc3.4%
Cadence Design Systems3.3%
Public Storage3.0%
The Coca-Cola Company2.8%