Conrad Leifur

Investment style

SuperSet 22 is an equal-weighted, concentrated portfolio consisting of 22 S&P 500 constituents designed to outperform the S&P 500 with minimal variability of return relative to the index. It represents an alternative to passive ETFs for those seeking domestic equity exposure. Positions are selected on the basis of long term performance trends relative to their sector. Our perspective is that the "average" company's stock performance will revert to that of its sector, although there will be long periods of out- and under-performance. There will be a few chronic underperformers (many of whom will get dropped from the index or otherwise disappear) and even fewer "quality" winners that truly outperform over a long period of time. So on the mean reversion side, we look for positive long term moving average crossovers following years of underperformance and on the "quality" side, we look for a a long period of consolidation following a big run up, along with signs that we'll break to new highs The sector weighting of the portfolio will always closely track that of the S&P 500, so excess return will come from stock selection.

How I got started

I have 20 years experience as a fundamental equity analyst and portfolio manager.