Diversified Large Cap Value Equity

Quarterly Summary
Quick Facts

Strategy Inception: 1/31/2016
Primary Capitalization: Large Cap
Primary Style Emphasis: Value
Benchmark: Russell 1000 Value
Holdings Range: 40-55

Product Description

Sawgrass Asset Management’s Diversified Large Cap Value’s investment philosophy focuses on companies that grow their earnings faster than the market, are more profitable than the market as measured by ROE & ROA, trading at a discount to the market as defined by P/E ratios, and generally have lower price volatility than the market. Although the emphasis is stock selection, being able to identify and control risk at the portfolio level is an important component of the strategy. Our quantitative and fundamental blended investment process helps us to identify these types of companies and build portfolios that exhibit these characteristics in our attempt to provide our clients long-term outperformance with less risk.

Investment Process

The process begins with a sector specific quantitative scoring of a 900-1000 stock universe. Our proprietary modeling system evaluates twenty four factors contained in six groupings including business valuation, equity valuation, profitability, earnings quality, price volatility, and sales, earnings, and margin stability.

Our fundamental research process is then used to distinguish among the most intriguing candidates for portfolio inclusion based on a qualitative assessment of company specific attributes, growth prospects, and risk contribution. This process flows in five general steps and includes a detailed review of the quantitative scoring, financial statement analysis, evaluation of management growth presentation, review of analyst research and estimate revisions, and a risk/reward analysis.

This blended approach helps us stay focused and consistent in building the attractively valued, profitable, lower volatility growth portfolios that we believe provide the best foundation for longer term outperformance on both an absolute and risk-adjusted basis.

Lead Portfolio Manager

Rusty Creighton, CFA

Mr. Creighton is an Equity Portfolio Manager at Sawgrass and the lead portfolio manager for the firm’s Large Cap Value Equity product.

He is responsible for quantitative and fundamental research and serves on the firm’s equity research committee.

Contact us today to learn more about our investment strategies.

A different kind of equity manager

Our investment approach emphasizes stocks with a consistent and stable earnings pattern, accelerating earnings estimates and companies with greater earnings potential than the market and their peer group. We combine quantitative models with bottom-up fundamental research into a consistent and structured investment discipline. We believe that in combination, these elements allow us to identify companies early in their cycle of positive earnings and estimates changes, which can offer our clients above average stock appreciation potential.

The Sawgrass Advantage

Fully aligned interests between our team and our clients
Continuity of leadership and low team turnover
Enhanced investment expertise through long-term experience

Provide up-market participation with desirable down-market capture resulting in alpha and low volatility over full market cycles
Demonstrated success in fulfilling investor needs
Consistent, repeatable, lower volatility profile and excess returns over time based on sound judgment and mature perspective

Please refer to this product’s Performance Disclosure Statement.

Dependable, knowledgeable and consistent service
High confidence in understanding of institutional client challenges and successful outcomes with a commitment to educate and serve
Responsive to client needs