Twinleaf Management Profile Picture Investment Adviser

Twinleaf Management

Twinleaf Management

  • EducationBA, University of Virginia, MBA Emory University

Small Cap Value

Twinleaf’s Small Cap Value strategy seeks to identify undervalued stocks that I believe have the potential to double in value in two years. I focus on buying only inexpensive stocks that my research suggests have the potential to be acquired at a premium to the stock’s current market value. I typically invest in stocks that have a $3 billion market cap or less - a market segment that I believe is often under-researched by other investors.

Risk score

Risk Score 5
5
34.2%

Best 30 days

-24.8%

Worst 30 days

Performance

  • 4.2%
    30 day
  • 5.9%
    90 day
  • -42.9%
    365 day
    June 12, 2013
Monthly vs S&P500
Twinleaf Management - Small Cap Value Monthly vs S&P500
-57.6% 12 months
  • $10,000 investment min
  • Margin account required
  • 1.5% fee

Exposure

80.2%
11.4%
7.7%
  • Communications
  • Consumer, Cyclical
  • Technology

Top 5 securities View all

15.3%
12.1%
11.9%
11.4%
10.3%

Portfolio commentary

  1. A mispriced market offers up bargains in 2015

    28 January 2015

    Investing lessons learned after a challenging year.

  2. Why digital media continues to disrupt ad models 11 December 2014
  3. Opportune time for small-cap investors 5 August 2014
  4. Digital video ad spending is growing 30% annually 17 June 2014
  5. How mobile and apps are impacting video platforms 2 May 2014

show more


Performance detail

  • Manager (net of fees)
  • Russell 2000

Performance

Covestor inception June 12, 2013

as of February 25, 2015 Manager (net of fees) Russell 2000 S&P 500
Past 30 days 4.2% 3.0% 3.0%
Past 90 days 5.9% 4.0% 2.5%
Past 365 days -42.9% 6.6% 16.9%
Since Covestor inception (Annualized) -2.6% 16.5% 19.6%
2015 (YTD) 1.7% 2.7% 3.0%
2014 -38.2% 4.9% 13.7%

Risk metrics

Last 365 days

as of February 25, 2015 Manager (net of fees) Russell 2000 S&P 500
Best 30 days 15.3% 13.2% 9.7%
Worst 30 days -24.8% -10.0% -6.7%
Volatility 31.4% 16.3% 11.6%
Sharpe Ratio - 1.37 0.40 1.46
Sortino Ratio - 1.93 0.65 2.04
Maximum Drawdown -56.5% -12.9% -7.3%
Value-at-risk (95%, 1 week) -7.3% -3.8% -2.7%
vs. Russell 2000 vs. S&P 500
Information Ratio - 2.06 - 2.15
Alpha -60.8% -72.0%
Beta 1.27 1.28
R-Squared 0.43 0.22
  • $10,000 investment min
  • Margin account required
  • 1.5% fee

Latest transactions View all

Average trades per month 2.1
Executed Symbol Security Replicable Type Price
02/20/15 MCHX Marchex Inc Yes Buy $4.12
02/20/15 NWS News Corp Yes Sell $16.58
02/19/15 TST TheStreet Inc   Sell $2.05
02/12/15 TST TheStreet Inc   Buy $2.03
02/12/15 TST TheStreet Inc   Buy $2.03
01/30/15 TIVO TiVo Inc Yes Buy $10.55
01/30/15 STRZA Starz Yes Sell $29.34
12/31/14 TUBE TubeMogul Inc Yes Sell $22.52

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.