Split Rock Profile Picture Investment Adviser

Split Rock

Portfolio Manager,Financial Services,Split Rock

  • EducationCardinal Stritch University
  • QualificationsSeries 65 and 63

North American Shale Energy

Split Rock Private Trading & Wealth Management monitors, evaluates, and then invests in companies with significant exposure to the Bakken formation of the Williston Basin, as well as other major U.S. oil and natural gas shale deposits. These include Marcellus, Utica, Eagle Ford, Green River, and Haynesville.

Risk score

Risk Score 4
4
12.0%

Best 30 days

-18.2%

Worst 30 days

Performance

  • 3.0%
    30 day
  • -11.5%
    90 day
  • 4.6%
    365 day
    December 28, 2011
Monthly vs S&P500
Split Rock - North American Shale Energy Monthly vs S&P500
-14.1% 12 months
  • $30,000 investment min
  • Margin account required
  • 1% fee

Exposure

31.0%
23.8%
18.3%
9.2%
3.8%
  • Energy
  • Industrial
  • Equity Fund
  • Utilities
  • Consumer, Non-cyclical

Top 5 securities View all

18.3%
6.1%
5.0%
4.1%
4.0%

Portfolio commentary

  1. Why Schlumberger is the all-purpose shale play

    12 May 2014

    Schlumberger had a dominant market share in energy services

  2. Why the big thaw is mixed news for energy players 20 March 2014
  3. Extreme weather has changed our investing priorities 19 February 2014
  4. Energy portfolio manager sees M&A deals looming for sector 12 December 2013
  5. Occidental Petroleum poised to benefit from California's new fracking law 9 October 2013

show more


Performance detail

  • Manager (net of fees)
  • S&P 500 Energy

Performance

Covestor inception December 28, 2011

as of November 21, 2014 Manager (net of fees) S&P 500 Energy S&P 500
Past 30 days 3.0% 4.8% 7.3%
Past 90 days -11.5% -7.7% 4.3%
Past 365 days 4.6% 3.0% 17.3%
Since Covestor inception (Annualized) 6.2% 10.6% 21.5%
2014 (YTD) 5.3% 1.3% 13.7%
2013 18.6% 25.1% 32.4%
2012 -4.5% 4.6% 16.0%

Risk metrics

Last 365 days

as of November 21, 2014 Manager (net of fees) S&P 500 Energy S&P 500
Best 30 days 8.7% 7.7% 9.7%
Worst 30 days -18.2% -13.4% -6.7%
Volatility 15.6% 14.8% 10.8%
Sharpe Ratio 0.29 0.20 1.60
Sortino Ratio 0.38 0.27 2.04
Maximum Drawdown -21.2% -19.6% -7.3%
Value-at-risk (95%, 1 week) -3.6% -3.4% -2.5%
vs. S&P 500 Energy vs. S&P 500
Information Ratio 0.21 - 1.29
Alpha 2.0% -13.0%
Beta 0.92 1.13
R-Squared 0.76 0.61
  • $30,000 investment min
  • Margin account required
  • 1% fee

Latest transactions View all

Average trades per month 9.7
Executed Symbol Security Replicable Type Price
11/19/14 BHI Baker Hughes Inc Yes Sell $63.40
11/19/14 BHI Baker Hughes Inc Yes Buy $63.39
11/19/14 HAL Halliburton Co Yes Buy $48.40
11/17/14 HAL Halliburton Co Yes Buy $49.76
11/17/14 EXH Exterran Holdings Inc Yes Sell $36.69
11/14/14 EXH Exterran Holdings Inc Yes Sell $33.61
11/11/14 HLX Helix Energy Solutions Group Inc Yes Sell $27.04
11/05/14 TRN Trinity Industries Inc Yes Sell $33.91

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 average, time-weighted 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. 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 are provided by Covestor, and are intended to serve as a general guide.
  9. Transactions that are marked as "Replicable" 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 investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.