
Value Opportunity
The NewSouth Value Opportunity strategy typically consists of between 25 and 35 holdings, and active share has historically exceeded 95%.
Portfolio Characteristics
06.30.23
NSCM Value Opportunity
Number of Positions
25
Weighted Average Market Cap (in mil)
$30,842
Median Market Cap (in mil)
$15,097
Five Year Average Portfolio Turnover
13%
Top Ten Holdings (% weighting)
57%
Russell 3000
Number of Positions
3,009
Weighted Average Market Cap (in mil)
$587,430
Median Market Cap (in mil)
$2,047
Five Year Average Portfolio Turnover
2%
Top Ten Holdings (% weighting)
26%
Russell 3000 Value
Number of Positions
2,301
Weighted Average Market Cap (in mil)
$130,150
Median Market Cap (in mil)
$1,931
Five Year Average Portfolio Turnover
13%
Top Ten Holdings (% weighting)
16%
NSCM Value Opportunity
Russell 3000
Russell 3000 Value
Number of Positions
25
3,009
2,301
Weighted Average Market Cap (in mil)
$30,842
$587,430
$130,150
Median Market Cap (in mil)
$15,097
$2,047
$1,931
Five Year Average Portfolio Turnover
13%
2%
13%
Top Ten Holdings (% weighting)
57%
26%
16%
*The composite portfolio shown reflects the aggregate composition of non-taxable NewSouth client accounts invested in the Value Opportunity 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 Value Opportunity 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