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)$204.20
Investment StyleGrowth
BenchmarkRussell 1000® Growth Index

Portfolio Statistics as of 12/31/19

Large Cap GrowthRussell 1000® Growth Index
Weighted-Average Market Capitalization ($ Bil)$331.9$394.3
Indicated Yield1.6%1.7%
Trailing P/E Ratio26.2x26.7x
Forward P/E Ratio23.9x23.1x
P/B Ratio9.7x8.5x

Sector Diversification as of 12/31/19

Large Cap GrowthRussell 1000® Growth Index
Communication Services10.2011.60
Consumer Discretionary13.1013.90
Consumer Staples3.304.70
Energy0.900.30
Financials4.803.10
Healthcare14.0014.70
Industrials9.109.30
Information Technology41.0038.80
Materials0.301.30
Real Estate2.302.40
Cash0.900.00

Top 10 Holdings as of 12/31/19

Apple, Inc.8.1%
Microsoft, Corp.5.9%
Amazon.com, Inc.4.3%
Amgen2.4%
Facebook2.4%
Adobe Systems, Inc.2.3%
LAM Research Corp2.2%
Intuit2.2%
Zoetis2.1%
Alphabet2.0%