Harmonic Investment Advisors is a boutique, research-driven investment management company that manages long-only, “core style” US equity portfolios for a select group of clients.
Review the presentation on our Institutional Equity Strategies, which include:
- Large Cap Core
- SMid Cap Core
- All-cap Core
- Socially Responsible
- Total Return
Core-style strategies contains 50-60 stocks and is benchmarked to its capitalization appropriate Russell index; the Socially Responsible strategy contains 30-50 and is benchmarked to the Domini 400. The Total Return strategy contains 30 stocks and is benchmarked to the Russell 1000.
Harmonic’s utilizes a team management approach, wherein research by the firm’s principals generates a proprietary, replicable process:
- Economic research
- Market forecast
- Economic sector analysis
- Quantitative filters
- Investment Selection
Risk management is an important part of HIA’s investing process. Sector over- and under-weights are limited to 50% of benchmark weights, and initial position weights in the Core strategies are no more than 2%.
Quantitative filters are used to screen and rank companies in each Index. Fundamental analysis is used to evaluate each candidate company, including 1- and 2-year target prices.
Sales may be triggered by sector weight reductions, unfavorable fundamental changes, screening unattractively, and achievement of price targets. Annual turnover is targeted at <50%.
Please read our most recent Equity Strategy Review letter.
Q4 2010 Equity Commentary Letter
