Investment strategies

The firm's Investment Philosophy is rooted in owning high quality businesses that are trading at a discount to intrinsic value.

Equity portfolios are built using repeatable quantitative and qualitative investment processes that focus on cash flow generation, resource efficiency, and intrinsic value.

Heron Bay Capital Management, LLC claims compliance with the Global Investment Performance Standards (GIPS®)

U.S. Large Cap

U.S. Domestic equities with market capitalization typically over $20 billion.

30-35 Businesses

>80% Active share relative to S&P 500 Index.

Performance

U.S. Concentrated All Cap

U.S. Domestic equities across the market capitalization spectrum.

Less than 30 businesses

> 90% Active share relative to Russell 3000 Index.

Performance

U.S. Small and Mid Cap (SMID)

U.S. Domestic equities with market capitalization between $5 billion and $20 billion.

20-30 Businesses

>95% Active Share relative to Russell 2500 Index.

Performance

International ADR

American Depository Receipts (ADRs) and foreign companies listed on U.S. equity exchanges.

10-20 Businesses

>95% Active share relative to MSCI ACWI ex. U.S. Index.

Performance

U.S. Systematic All Cap Core

U.S. Domestic equities across the market capitalization spectrum selected using four (4) uncorrelated sub-strategies.

Less than 40 businesses

>85% Active share relative to Russell 3000 Index.

Performance

U.S. Systematic Innovative Value

U.S. Domestic equities trading at a valuation discount after adjusting for risk, accounting manipulation, and base level of quality.

10 Businesses

>95% Active share relative to Russell 1000 Value Index.

Performance

U.S. Systematic Small Micro

U.S. Domestic equities selected using three (3) sub-strategies that emphasize company quality, valuation, and business growth.

40-60 Businesses

>95% Active share relative to Russell 2000 Index.

Performance