01

Value Investing

All Cap

02

Strategy Profile

Strategy Characteristics

Number of Holdings
20 - 40
Style
Value
Benchmarks
Russell 3000 Value Index
Russell 3000 Index
03

Strategy Summary

Invests in companies across all market capitalizations. Subject to price, any company with above average economics regardless of market capitalization would be an investment in this portfolio. A core position is 5% so that theoretically we would hold 20 names diversified across different industries. It is very rare that enough qualifying companies are sufficiently discounted to warrant this level of concentration, so concentration will vary with the price to value ratio. We will not invest in any business that is trading above our estimate of fair value.

04

Investment Philosophy

One team. One philosophy. One process.

Evaluating opportunities is a process; one we undertake with discipline and intentionality. Our primary objective is to minimize risk. We have always believed that by concentrating on not losing money, making money will take care of itself. We also analyze a company’s competitive strengths to ensure it meets our long-term horizon of five years. Finally, we assess the human element, understanding that we’re investing in real businesses run by real people facing real issues. We’re not traders or speculators. We’re long-term owners in a collection of superior business enterprises.

Learn more about our Investment Philosophy

05

Vehicles

06

Disclosures

Vulcan Value Partners, LLC is an investment adviser registered with the Securities and Exchange Commission under the Investment Adviser Act of 1940.

Managed Accounts are available only for institutional and private clients of Vulcan Value Partners, LLC, a federally registered investment advisor. Vulcan Value Partners Funds are distributed by ALPS Distributors, Inc. Separately Managed Accounts and related investment advisory services are provided by Vulcan Value Partners, LLC, a federally regulated investment advisor. ALPS Distributors, Inc. is not affiliated with Vulcan Value Partners, LLC.

The composite benchmark is the Russell 3000® Index which measures the performance of the largest 3000 US companies representing approximately 98% of the investable US Equity market. The Russell 3000® Value Index measures the performance of the broad value segment of the U.S. equity value universe. It includes those Russell 3000® Index companies with lower price-to-book ratios and lower expected growth values. Index figures do not reflect deductions for any fees, expenses, or taxes. Investors cannot invest directly in an index.

Stay in Touch

Sign up to receive Vulcan
related news and updates.