Sparrow Capital Management Profile Picture Investment Adviser

Sparrow Capital Management

CIO and Senior Portfolio Manager,Financial Services,Sparrow Capital Management

  • EducationWashington University
  • QualificationsMBA
  • Investment Experience20 years
  • Founded1988

Fundamental Growth

This portfolio is made up of companies that have consistently demonstrated the ability to increase sales and earnings, and improve their cash flow and book values over multiple economic cycles. I carefully study company filings including quarterly and annual reports to find stocks that match my criteria for growth potential.

Performance

  • -5.6%

    Month to date

  • -7.6%

    Quarter to date

  • -7.6%

    Year to date

  • Quarterly vs S&P500

    Quarterly vs S&P500

Risk score

  • 13.0%

    Best quarter

  • -16.4%

    Worst quarter

  • $20,000 investment min
  • 1.5% fee

Exposure

40.5%
19.8%
17.0%
4.9%
4.7%
  • Consumer, Non-cyclical
  • Communications
  • Consumer, Cyclical
  • Financial
  • Technology

Top 5 securities View all

8.6%
7.0%
6.4%
6.4%
5.8%

Portfolio commentary

  1. Fed guessing game weighs on stocks

    19 October 2015

    Investors struggle to discern Fed timing on interest rates.

  2. US stocks heading higher? 24 April 2015
  3. US economy: Why the glass is half full 15 March 2015
  4. Why we are bullish on stocks 27 January 2015
  5. Why October may present a buying opportunity for stocks 7 October 2014

show more


Performance detail

  • Manager (net of fees)

Performance

Portfolio inception April 14, 2010

as of February 11, 2016 Manager (net of fees) S&P 500
Month-to-date -5.6% -5.7%
Quarter-to-date -7.6% -10.5%
Last 365 Days -7.7% -11.6%
Since inception (Annualized) 7.2% 7.3%
2016 (YTD) -7.6% -10.5%
2015 1.6% -0.7%
2014 10.7% 11.4%
2013 23.4% 29.6%
2012 9.0% 13.4%
2011 5.8% 0.0%

Risk metrics

Last 365 days

as of February 11, 2016 Manager (net of fees) S&P 500
Volatility 15.0% 16.3%
Sharpe Ratio - 0.53 - 0.73
Sortino Ratio - 0.76 - 1.01
Maximum Drawdown -11.6% -14.2%
Value-at-risk (95%, 1 week) -3.5% -3.8%
vs. S&P 500
Information Ratio 0.66
Alpha 2.5%
Beta 0.86
R-Squared 0.87

Latest transactions View all

Average trades per month 1.1
Executed Symbol Security Type Price
02/09/16 MRK Merck & Co Inc Buy $49.19
01/28/16 AMZN Amazon.com Inc Buy $612.15
01/11/16 PAY VeriFone Systems Inc Sell $24.33
01/08/16 GOOGL Alphabet Inc Buy $735.02
01/07/16 CACC Credit Acceptance Corp Sell $207.22
10/14/15 SNDK SanDisk Corp Sell $69.13
07/01/15 SNDK SanDisk Corp Sell $57.19
06/12/15 MSFT Microsoft Corp Buy $46.01

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.