Andrew Schornack Profile Picture Individual Investor

Andrew Schornack

Vice President at Republic Bank & Trust Company and owner of real estate investment business,Financial Services

  • EducationUniversity of Minnesota, University of St. Thomas
  • QualificationsBSB Finance and Entrepreneurial Studies, MBA
  • Investment Experience8 years

Financial Services

My strategy focuses on the financial services and real estate sectors. I seek value stocks using my industry knowledge and fundamental research approach.

I typically invest in companies with stable history of dividends that I personally believe are trading at a discount to their fair market value. The strategy has a target minimum dividend yield of 3%. Of course, there is no guarantee stock dividends will continue to be paid.

Risk score

Risk Score 4
4
20.6%

Best 30 days

-20.2%

Worst 30 days

Performance

  • -0.6%
    30 day
  • 2.9%
    90 day
  • 1.9%
    365 day
    September 03, 2009
Monthly vs S&P500
Andrew Schornack - Financial Services Monthly vs S&P500
-12.7% 12 months
  • $20,000 investment min
  • 1.5% fee

Exposure

80.2%
14.2%
5.6%
  • Financial
  • MLP
  • Diversified

Top 5 securities View all

14.2%
13.4%
9.1%
8.0%
7.6%

Portfolio commentary

  1. Why I'm looking to buy regional banks

    23 February 2013

    I'm looking for buyout candidates in the regional banking space.

  2. We like AIG and Bank of America heading into 2013 1 January 2013
  3. Regional bank stocks looking more attractive 28 November 2012
  4. A regional bank stock I'm buying up 17 October 2012
  5. BAC's Moynihan continues to impress, as the stock rises 27 September 2012

show more


Performance detail

  • Manager (net of fees)
  • S&P 500 Financials

Performance

Covestor inception September 03, 2009

as of October 29, 2014 Manager (net of fees) S&P 500 Financials S&P 500
Past 30 days -0.6% 1.0% 0.3%
Past 90 days 2.9% 5.1% 3.2%
Past 365 days 1.9% 14.3% 14.2%
Since Covestor inception (Annualized) 15.0% 12.3% 16.5%
2014 (YTD) -1.1% 8.7% 9.0%
2013 35.3% 35.6% 32.4%
2012 21.4% 28.8% 16.0%
2011 -10.9% -17.1% 2.1%
2010 23.1% 12.1% 15.1%

Risk metrics

Last 365 days

as of October 29, 2014 Manager (net of fees) S&P 500 Financials S&P 500
Best 30 days 6.0% 8.0% 7.9%
Worst 30 days -7.9% -6.1% -6.7%
Volatility 13.1% 12.8% 11.0%
Sharpe Ratio 0.14 1.12 1.29
Sortino Ratio 0.20 1.55 1.70
Maximum Drawdown -9.8% -7.3% -7.3%
Value-at-risk (95%, 1 week) -3.0% -3.0% -2.5%
vs. S&P 500 Financials vs. S&P 500
Information Ratio - 2.73 - 1.85
Alpha -10.9% -11.6%
Beta 0.96 1.03
R-Squared 0.88 0.74
  • $20,000 investment min
  • 1.5% fee

Latest transactions View all

Average trades per month 1.6
Executed Symbol Security Replicable Type Price
08/07/14 TAXI Medallion Financial Corp Yes Buy $11.55
08/04/14 IRET Investors Real Estate Trust Yes Sell $8.47
08/04/14 IRET Investors Real Estate Trust Yes Sell $8.47
08/04/14 BKU BankUnited Inc Yes Sell $30.67
08/04/14 CINF Cincinnati Financial Corp Yes Sell $45.97
05/20/14 STI SunTrust Banks Inc Yes Buy $37.71
05/20/14 C Citigroup Inc Yes Buy $46.91
05/20/14 LUK Leucadia National Corp Yes Buy $24.67

Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the portfolio manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the average, time-weighted returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Transactions that are marked as "Replicable" passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.