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.

Performance

  • -2.6%

    Month to date

  • -6.2%

    Quarter to date

  • -6.2%

    Year to date

  • Quarterly vs S&P500

    Quarterly vs S&P500

Risk score

  • 8.3%

    Best quarter

  • -4.4%

    Worst quarter

  • $30,000 investment min
  • 0.5% fee

Exposure

22.3%
14.1%
12.8%
9.7%
9.2%
  • Consumer, Non-cyclical
  • REIT
  • Technology
  • Consumer, Cyclical
  • Industrial

Top 5 securities View all

5.0%
4.0%
3.3%
3.1%
3.0%

Portfolio commentary

  1. Energy stocks poised for a comeback?

    17 December 2015

    Energy stocks may have been beaten down too far

  2. Introducing the dreaded September effect 29 September 2015
  3. The investing landscape in a steamy summer 28 August 2015
  4. Why stocks outshine other assets in 2015 20 July 2015
  5. The wild ride ahead in stocks 13 January 2015

show more


Performance detail

  • Manager (net of fees)

Performance

Portfolio inception June 05, 2013

as of February 05, 2016 Manager (net of fees) S&P 500
Month-to-date -2.6% -3.1%
Quarter-to-date -6.2% -8.0%
Last 365 Days -7.3% -8.8%
Since inception (Annualized) 6.0% 6.0%
2016 (YTD) -6.2% -8.0%
2015 -1.7% -0.7%
2014 13.1% 11.4%

Risk metrics

Last 365 days

as of February 05, 2016 Manager (net of fees) S&P 500
Volatility 15.4% 16.2%
Sharpe Ratio - 0.49 - 0.56
Sortino Ratio - 0.73 - 0.78
Maximum Drawdown -13.0% -12.7%
Value-at-risk (95%, 1 week) -3.6% -3.8%
vs. S&P 500
Information Ratio 0.40
Alpha 0.9%
Beta 0.92
R-Squared 0.94

Latest transactions View all

Average trades per month 8.6
Executed Symbol Security Type Price
01/11/16 MDT Medtronic PLC Buy $73.33
01/11/16 GGP General Growth Properties Inc Buy $25.86
01/11/16 ADP Automatic Data Processing Inc Buy $78.38
01/11/16 SU Suncor Energy Inc Buy $22.66
01/11/16 TXN Texas Instruments Inc Buy $50.91
01/11/16 SCCO Southern Copper Corp Buy $23.36
01/11/16 ORCL Oracle Corp Buy $34.69
01/11/16 MS Morgan Stanley Buy $28.13

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 asset-weighted average 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. 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. Not all transactions listed will appear in your account due to Covestor's trading rules and individual client constraints. Eligibility of these securities is monitored periodically, and may change over time. Actual client investment holdings may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. For certain portfolios we use an investable ETF as a benchmark, in these cases returns include management fees, transaction costs and expenses.