Equity

Large Cap Value

A traditional and contrarian strategy that focuses on underappreciated companies whose intrinsic value is increasing over time

Office skyscraper Reflection in the sunlight. New York City

Overview

  • Assesses a company’s attractiveness along with the management teams’ ability to execute on their strategy and potentially improve their prior performance.
  • Takes a long-term view, seeking to identify and take advantage of disconnects between price and intrinsic value.
  • Establishes downside targets and a clear thesis, promoting objectivity and preventing prolonged positions in emotionally volatile stocks.

Characteristics & Performance

Composite Inception5/31/2000
Strategy AUM$3.2 Billion as of 6/30/25
BenchmarkRussell 1000® Value Index
Holdings RangeTypically 60 – 80
Max. Position SizeTypically less than 5%
Turnover20 - 25% under normal market conditions
Active ShareApproximately 70 - 80%
CashTypically less than 5%

Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Periods greater than one year are annualized. Please refer to the GIPS presentation, which includes fee information and criteria for composite performance creation.

Available Vehicles

 

Institutional Separate Account

 

Managed Account

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Investment Team

Warren Koontz, Jr., CFA

Managing Director

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Head of Value Equity

Joseph C. Esposito, CFA

Managing Director

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Information Technology

Neil P. Brown, CFA

Managing Director

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Oil & Gas E&Ps, Integrateds & Refining

Brannon P. Cook

Managing Director

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Global Industrials/Transportation Infrastructure

Insoo Kim, CFA

Managing Director

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North American Utilities and Renewable Energy

Stephen J. Maresca, CFA

Managing Director

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Midstream Infrastructure

Robert Petrie

Managing Director

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Media, US & European Telecommunications, Health Care

Wei Zhang

Managing Director

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Consumer Staples, Semiconductor Capital Equipment

Owuraka Koney, CFA

Managing Director

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Industrials

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Additional Analytical Support

Jonathan M. Shapiro

Managing Director

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REITs

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Additional Analytical Support

Jesse Chai, CFA

Managing Director

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Asia-Pacific Industrials and Infrastructure

Steven A. Gavios

Managing Director

Alina Koval

Managing Director

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Materials & Industrials

Christopher P. Pelinsky

Managing Director

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Consumer Discretionary & REITs

Jay Saunders

Managing Director

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Oil & Gas Equipment & Svcs., Metals & Mining, Macro Commodity Analysis

Benjamin F. Bryan, CFA

Managing Director

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Multi-Cap Generalist

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Additional Analytical Support

Nick Rubinstein

Managing Director

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Technology

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Additional Analytical Support

Andrew M. Tucker, CFA

Managing Director

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Financials

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Additional Analytical Support

Abhi Kamerkar

Managing Director

Daniel J. Nichols

Managing Director

Equity

LARGE CAP VALUE

A traditional and contrarian strategy that focuses on underappreciated companies whose intrinsic value is increasing over time

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