PPCA Inc. Profile Picture Investment Adviser

PPCA Inc.

PPCA Inc.

  • EducationUniversity of Chicago; University of Illinois
  • QualificationsMBA

Centric Core

My strategy seeks to invest in large, liquid, high-quality companies that fall between value and growth definitions. As a result, I invest in stocks that I personally believe do not meet the holdings requirements of many other professional money managers. Centric Core portfolio seeks to complement other equity investment strategies. It tends to take on less risk and offer slightly less reward than the S&P 500 over time. Most importantly, my own research suggests that it is less correlated to value and growth than the S&P 500 Index, making it a potentially better source of diversification.

Risk score

Risk Score 3
3
7.9%

Best 30 days

-4.9%

Worst 30 days

Performance

  • 1.7%
    30 day
  • 4.1%
    90 day
  • 15.4%
    S.I.
    June 05, 2013
Monthly vs S&P500
PPCA Inc. - Centric Core Monthly vs S&P500
-3.3% S.I.
  • $30,000 subscription min
  • 0.5% fee

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

14.0%
4.0%
3.7%
3.5%
3.1%

Portfolio commentary

  1. Why a diversified portfolio really matters in 2014

    9 April 2014

    Spreading portfolio risk is an effective strategy in this market.

  2. A new approach to building your portfolio's core 10 March 2014
  3. Where we currently stand in global stock markets 9 January 2014
  4. Improving your investment portfolio’s core strength 16 December 2013
  5. Why I like consumer, healthcare and industrials in Q4 23 October 2013

show more


Performance detail

  • Manager (net of fees)

Performance

Inception June 05, 2013

as of April 23, 2014 Manager (net of fees) S&P 500
Past 30 days 1.7% 1.1%
Past 90 days 4.1% 3.1%
Since Inception 15.4% 18.7%
2014 (YTD) 2.9% 2.1%

Risk metrics

Since Inception

as of April 23, 2014 Manager (net of fees) S&P 500
Best 30 days 7.9% 7.9%
Worst 30 days -4.9% -4.8%
Volatility 11.0% 11.4%
Sharpe Ratio 1.59 1.85
Sortino Ratio 2.33 2.57
Maximum Drawdown -5.5% -5.7%
Value-at-risk (95%, 1 week) -2.5% -2.6%
vs. S&P 500
Information Ratio - 1.44
Alpha -1.9%
Beta 0.94
R-Squared 0.95
  • $30,000 subscription min
  • 0.5% fee

Latest transactions View all

Average trades per month 5.3
Executed Symbol Security Replicable Type Price
04/21/14 NOV National Oilwell Varco Inc Yes Sell $82.37
04/17/14 DUK Duke Energy Corp Yes Sell $73.18
04/17/14 MOS Mosaic Co/The Yes Sell $48.59
04/17/14 HCP HCP Inc Yes Sell $41.03
04/17/14 BMY Bristol-Myers Squibb Co Yes Sell $49.11
04/17/14 WMT Wal-Mart Stores Inc Yes Sell $77.16
04/17/14 KMP Kinder Morgan Energy Partners LP Yes Sell $77.93
04/16/14 SU Suncor Energy Inc Yes Sell $36.41

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 that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More
  3. Average subscription returns ("Avg Sub" or "Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active subscriptions to the underlying portfolio. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The subscription minimum is the minimum subscription 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 (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.
  9. These securities are currently held in the portfolio manager's brokerage account. Holdings in the "Replicable Holdings" table currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription holdings may vary.
  10. These transactions were executed in the portfolio manager's brokerage account. Those marked as "Replicable Transactions" 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 subscription trade activity may vary.
  11. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P/Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies Copyright © 2014.