Education
Washington University

Qualifications
MBA

Job Title
CIO and Senior Portfolio Manager

Industry
Financial Services

Investment Experience
20 years

Founded
1988

Company Name
Sparrow Capital Management

  • Address
  • 211 North Broadway
  • Suite 2080
  • Saint Louis
  • Missouri
  • 63102

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Investment portfolio

Studies quarterly and annual reports, looking for companies that have demonstrated the ability to grow sales, earnings, cash flows and book values consistently over multiple economic cycles. Long only and buys across all capitalizations.

Strategy
Stocks
Sharpe ratio
0.84 365 days
Performance
11.5% 365 days
Risk score
Fees
  • 1.5% fee
  • $20,000 min

The Sparrow Capital Fund is a long/short equity portfolio that invests across market sectors, industries, and market capitalization ranges. The Sparrow Capital Fund’s objective is to provide the most efficient risk/reward outcome over time. The strategy is intended to achieve market neutrality.

Strategy
Stocks
Sharpe ratio
0.54 365 days
Performance
6.5% 365 days
Risk score
Fees
  • 1.5% + 12% perf fee
  • $50,000 min

The Freedland Healthcare portfolio invests in healthcare-related stocks. It attemps to identify companies with reasonable valuations and good prospects for growth including ones that offer possible dividends to stockholders. These companies will range from drug, device, retail sales, electronic medical record, prescription services, and HMO/hospital companies. While emphasizing mid cap stocks, large cap and smaller capitalization companies may be included as well as emerging medical treatments/technologies.

Companies selected for this portfolio are closely monitored. Stocks are typically acquired slowly. Freedland attempts to limit losses by selling losing positions quickly. In the same way, he will attempt to preserve capital by moving towards a cash position during weak market environments and towards equities during periods of market strength. The market environment will be assessed by observing the price behavior of the individual holdings within the portfolio itself.

Strategy
Stocks
Sharpe ratio
0.33 365 days
Performance
5.4% 365 days
Risk score
Fees
  • 1% fee
  • $20,000 min

Portfolio commentary

  1. Profile Picture Fed guessing game weighs on stocks 19 October 2015

    Investors struggle to discern Fed timing on interest rates.

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

1. 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".

2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.

3. 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.