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. Only stocks held within the identified benchmark are considered for inclusion.

Portfolio Characteristics

Inception DateJanuary 1, 2005
Assets Under Management (in millions)$213.30
Investment StyleGrowth
BenchmarkRussell 1000® Growth Index

Portfolio Statistics as of 6/30/19

Large Cap GrowthRussell 1000® Growth Index
Weighted-Average Market Capitalization ($ Bil)$247.1$308.2
Indicated Yield1.8%1.9%
Trailing P/E Ratio22.3x22.9x
Forward P/E Ratio22.0x20.9x
P/B Ratio8.2x7.2x

Sector Diversification as of 6/30/19

Large Cap GrowthRussell 1000® Growth Index
Communication Services11.6011.90
Consumer Discretionary14.1015.30
Consumer Staples4.705.80
Energy0.600.70
Financials4.504.40
Healthcare11.5012.60
Industrials12.3011.50
Information Technology34.9033.60
Materials1.501.90
Real Estate3.402.40
Utilities0.000.00
Cash1.000.00

Top 10 Holdings as of 6/30/19

Apple, Inc.5.3%
Microsoft, Corp.5.2%
Amazon.com, Inc.4.9%
Adobe Systems, Inc.2.6%
Public Storage2.6%
Facebook2.5%
Verisign, Inc.2.4%
Intuit2.4%
The Home Depot, Inc.2.2%
Fiserv2.1%