
Small / Mid Cap Value
The NewSouth Small/Mid Cap Value strategy typically consists of between 25 and 35 holdings, and active share has historically exceeded 95%.
Portfolio Characteristics
06.30.23
NSCM SMID Cap Value
Number of Positions
27
Weighted Average Market Cap (in mil)
$23,589
Median Market Cap (in mil)
$9,181
Five Year Average Portfolio Turnover
17%
Top Ten Holdings (% weighting)
59%
Russell 2500
Number of Positions
2,502
Weighted Average Market Cap (in mil)
$6,330
Median Market Cap (in mil)
$1,394
Five Year Average Portfolio Turnover
10%
Top Ten Holdings (% weighting)
3%
Russell 2500 Value
Number of Positions
1,894
Weighted Average Market Cap (in mil)
$6,540
Median Market Cap (in mil)
$1,240
Five Year Average Portfolio Turnover
18%
Top Ten Holdings (% weighting)
4%
NSCM SMID Cap Value
Russell 2500
Russell 2500 Value
Number of Positions
27
2,502
1,894
Weighted Average Market Cap (in mil)
$23,589
$6,330
$6,540
Median Market Cap (in mil)
$9,181
$1,394
$1,240
Five Year Average Portfolio Turnover
17%
10%
18%
Top Ten Holdings (% weighting)
59%
3%
4%
*The composite portfolio shown reflects the aggregate composition of non-taxable NewSouth client accounts invested in the Small/Mid Cap Value strategy without unique investment policy directives. The composition of individual client accounts may differ from the composite portfolio shown. Please call Patrick Danehy (901) 761-5561 for a complete list of NewSouth composites and information about NewSouth’s utilization of GIPS.
Small Cap Value
Capacity
$2 billion
Target Cap Range
$500 million to $3 billion
Inception
1985
Small / Mid Cap Value
Capacity
$2.5 billion
Target Cap Range
$1 billion to $25 billion
Inception
1996
Mid Cap Value
Capacity
$7.5 billion
Target Cap Range
$3 billion to $25 billion
Inception
1985
Value Opportunity
Capacity
$5.0 billion
Target Cap Range
$1.5 billion +
Inception
2000
Portfolio Types
The Small / Mid Cap Value strategy is available in the following investment vehicles
-
Separately Managed Accounts
Account minimum: $10mm
Taxable & Non-Taxable Accounts
Accommodative to Investment Policy Statement Directives
-
NewSouth Collective Investment Trust
Account minimum: $1mm
Available to: Certain Institutional Investors
Offered by: SEI Trust Company
Tax-Exempt Fund