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MARKSTON

U.S. Large Cap Core

Value with a Catalyst • Triple Discount Valuation Mechanism

What Sets Us Apart

Value with a Catalyst and a Triple Discount Valuation Mechanism

We employ a "Value with a Catalyst" research process. Investments generally comprised of at least three of our seven “alpha generators.”

  1. Insider buying (including options activity)
  2. Stock repurchase by the company
  3. Management changes
  4. Sale or spin-off of a division
  5. Consolidating industries
  6. Tax loss carryforwards
  7. "Triple-discount valuation mechanism"

We believe equity prices are prone to short-term market dislocations due to investor’s narrow investment horizon leading to irrational behavior and overreaction. We seek to capitalize on these opportunities by identifying high quality businesses then applying our “Alpha Generators”. We have followed this disciplined  “Value with a Catalyst” approach since the firm’s inception in 1981 with the singular objective to uncover current value that has the ability to turn into future growth. 

We attempt to exploit market opportunities with timely execution, rigorous discipline and a high degree of conviction. Over full market cycles, we seek to produce consistently strong absolute and risk adjusted returns for our large cap core clients.

Strategy Facts

Strategy Stats

Performance

Rolling 3-Yr Performance vs. Index

Portfolio Stats

Risk Measures

Up Capture

Down Capture

Top 10 Holdings

Sector Breakdown

Top 5 Contributors

Top 5 Detractors

Documents

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