Small Cap Value

Strategy & Objective

Strategy Description
The Small Cap Value strategy has a successful track record dating back more than 34 years. The goal of the strategy is to exploit market mispricings that result from Wall Street’s limited coverage of small-cap stocks. We seek to capitalize on these opportunities by applying a consistent investment process centered on a balanced assessment of return and risk. Our focus is on small cap companies with sustainable cash flows and strong balance sheets whose stocks appear undervalued relative to their tangible assets and long-term normal earnings power. Portfolio construction is based on rigorous, independent research and bottom-up security selection.

What to Expect

  • Exposure to small capitalization, undervalued equities
  • Price-to-normal earnings lower than the benchmark
  • Active management unconstrained by the benchmark
  • Controlled asset level that preserves the integrity of the investment process
  • Thoroughly researched ideas vetted by an experienced team of 22 investment analysts

Read more about the small cap value strategy


As of 9/30/2019

Asset Class Small Cap Value Equity
Style Benchmark Russell 2000 Value
Broad Benchmark Russell 2000
Strategy Assets (millions) $2,044
Number of Stocks 50 – 80
Typical Market Cap Range $100 million to $4 billion
Status Open to new investors

Investment Team
We employ a team approach to investing. As such, our clients benefit from the input and contribution of every member of our 22-person investment team. In addition to our Portfolio Managers, our sector teams play an important role in determining the positioning of your investment strategy.