All-Cap Core

We employ contrarian thinking and a value methodology to construct a 50-60 stock portfolio, diversified by market capitalization and sector exposure. Art and science converge as we conduct our extensive in-house fundamental research. With a 3-5 year time horizon, we look to identify undervalued stocks within under-followed or unloved areas of the market.

Performance Report

First Quarter 2021

Performance

 
  Equity All Cap Core Composite Russell 3000
YTD 11.8 6.5
3 Years 15.3 17.1
5 Years 15.7 16.6
10 Years 11.6 13.8
15 Years 9.9 10.1
20 Years 10.1 8.9

Trailing year performance annualized for periods ending 3/31/2021.

The Equity All Cap Core Composite invests in small, mid, and large capitalization common stocks. The composite includes only tax-exempt accounts with asset values in excess of $200,000. These tax-exempt accounts include certain institutional accounts, individual Rollover and Roth IRAs, and other types of retirement plans.

Valuations and returns are computed and stated in U.S. Dollars. Results reflect the reinvestment of dividends and other earnings. Net-of-fee returns are calculated using actual management fees that were paid and are presented before custodial fees but after management fees and all trading expenses. For some portfolios, the net return has been reduced by an additional consulting fee. Winslow claims compliance with the Global Investment Performance Standards (GIPS®). GIPS is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.

The benchmark is the Russell 3000 Index, which is a market-capitalization weighted index containing the 3000 largest companies in the U.S. The volatility of the Russell 3000 Index may be materially different from that of the strategy depicted, and the holdings in the strategy may differ significantly from the securities that comprise the Russell 3000 Index. The Russell 3000 Index is calculated on a total return basis with dividends reinvested and is not assessed a management fee. To obtain a GIPS Composite report, please contact Timothy Goldberg at 216.360.4700 or timothy@winslowasset.com.

Past performance does not guarantee future results.

Top Ten Holdings

TERADYNE INC 5.0%
PULTE GROUP INC 4.6%
APPLE COMPUTER 4.5%
SKYWORKS SOLUTIONS INC 4.3%
LULULEMON ATHLETICA 4.1%
SVB FINANCIAL GROUP COM 3.8%
BEAZER HOMES 3.4%
LKQ 3.0%
CHARLES SCHWAB 3.0%
JPMORGAN CHASE 3.0%

Sector Allocation

 
  Allocation
Utilities 0.9
Comm. Services 3.9
Materials 3.6
Tech 23.3
Industrials 10.3
Real Estate 4.1
Health Care 13.3
Financials 17.8
Energy 1.9
Consumer Staples 2.9
Consumer Discretionary 17.3