US Domestic Equities

We offer a diverse array of domestic equity strategies across market cap ranges and styles. We utilize a disciplined approach, focused on identifying attractive individual securities.

  • Small Cap

    • AUM/AUA: $590.1 million*
      Inception Date: 1/1/02

      Our Small Cap equity portfolio utilizes a core investment approach and consists of companies with a market capitalization that does not typically exceed the largest market capitalization company in the Russell 2000® Index.

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  • Small Cap Value

    • AUM/AUA: $2425.2 million*
      Inception Date: 1/1/08

      Our Small Cap Value equity portfolio utilizes a value investment approach and consists of companies with a market capitalization that does not typically exceed the largest market capitalization company in the Russell 2000® Value Index.

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  • Small Cap Value Select

    • AUM/AUA: $268.0 million*
      Inception Date: 7/1/14

      A concentrated strategy based on the highest-conviction names in the Small Cap Value strategy. The portfolio will typically hold less than 30 securities.

  • Small Cap Growth

    • AUM/AUA: $636.6 million*
      Inception Date: 1/1/2011

      Our Small Cap Growth equity portfolio utilizes a growth investment approach and consists of companies with a market capitalization typically in the range of the Russell 2000® Growth Index.

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  • SMID Cap

    • AUM/AUA: $558.5 million*
      Inception Date: 7/1/02

      Our SMID Cap equity portfolio utilizes a core investment approach and consists of companies with a market capitalization between $100 million and $10 billion. The resulting portfolio will typically consist of 65 to 85 stocks.

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  • All Cap

    • AUM/AUA: $5243.5 million*
      Inception Date: 4/1/87

      Our universe consists of companies that have a market capitalization in excess of $1 billion. We seek to invest in companies with high return on investment (ROI) that are trading at a 20% discount to our proprietary intrinsic valuation.

  • Select Equity

    • AUM/AUA: $20.9 million*
      Inception Date: 7/1/14

      A concentrated strategy based on the highest-conviction names in the All Cap strategy. The portfolio will typically hold less than 30 securities.

      VIEW STRATEGY

  • *Data as of March 31, 2022. 

    • Small Cap Core strategy: Model UMA assets of $73.5 million are included in the AUA portion of the AUM/AUA total.
    • Small Cap Value strategy: Model UMA assets of $0 million are included in the AUA portion of the AUM/AUA total.
    • Small Cap Value Select strategy: Model UMA assets of $0 million are included in the AUA portion of the AUM/AUA total.
    • Small Cap Growth strategy: Model UMA assets of $129.2 million are included in the AUA portion of the AUM/AUA total.
    • SMID Cap strategy: Model UMA assets of $31.6 million are included in the AUA portion of the AUM/AUA total.
    • All Cap strategy: Model UMA assets of $313.9 million are included in the AUA portion of the AUM/AUA total.
    • Select Equity strategy: Model UMA assets of $0 million are included in the AUA portion of the AUM/AUA total.

    Beginning 12/31/2019, the composite’s name was changed to Select Equity. Prior to 12/31/2019, the composite’s name was All Cap Concentrated.

    PSN Top Guns Manager of the Decade. As of 12/31/21.

    Criteria: The PSN universes were created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. Mutual fund and commingled fund products are not included in the universe. PSN Top Guns investment managers must claim that they are GIPS compliant. Products must have an r-squared of 0.80 or greater relative to the style benchmark for the ten-year period ending DECEMBER 30, 2021. Moreover, products must have returns greater than the style benchmark for the ten-year period ending DECEMBER 30, 2021 and also standard deviation less than the style benchmark for the ten-year period ending DECEMBER 30, 2021. At this point, the top ten performers for the latest ten-year period ending DECEMBER 30, 2021 become the PSN Top Guns Manager of the Decade.