Twinleaf Management Profile Picture Investment Adviser

Twinleaf Management

Twinleaf Management

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
Leverage: 1.25
34.2%

Best 30 days

-18.3%

Worst 30 days

Performance

  • -9.3%
    30 day
  • 4.9%
    90 day
  • 65.3%
    S.I.
    June 12, 2013
Monthly vs S&P500
Twinleaf Management - Small Cap Value Monthly vs S&P500
46.7% S.I.
Subscribe

Portfolio currently closed to new subscribers. Let me know if space becomes available.

  • $10,000 subscription min
  • Margin account required
  • 1.5% fee

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

36.6%
36.1%
28.4%
16.6%
-25.5%

Portfolio commentary

  1. In search of small-cap takeover plays in 2014

    19 December 2013

    Takeover plays can be very lucrative holdings.

  2. Covestor managers weigh in on the Twitter IPO 5 November 2013
  3. How a small-cap value manager stalks potential takeout targets 18 October 2013
  4. Small-cap value stocks winning, as Nobel laureate Fama predicted 16 October 2013

show more


Performance detail

  • Manager (net of fees)
  • Russell 2000

Performance

Inception June 12, 2013

as of April 22, 2014 Manager (net of fees) Russell 2000 S&P 500
Past 30 days -9.3% -3.1% 0.8%
Past 90 days 4.9% -1.9% 2.4%
Since Inception 65.3% 20.2% 18.6%
2014 (YTD) 8.7% -0.3% 2.3%

Risk metrics

Since Inception

as of April 22, 2014 Manager (net of fees) Russell 2000 S&P 500
Best 30 days 34.2% 10.3% 7.9%
Worst 30 days -18.3% -6.6% -4.8%
Volatility 35.6% 15.6% 11.4%
Sharpe Ratio 2.13 1.50 1.90
Sortino Ratio 3.10 2.07 2.61
Maximum Drawdown -18.5% -7.9% -5.7%
Value-at-risk (95%, 1 week) -8.3% -3.6% -2.6%
vs. Russell 2000 vs. S&P 500
Information Ratio 1.76 1.68
Alpha 35.8% 36.4%
Beta 1.29 1.39
R-Squared 0.32 0.20
Subscribe

Portfolio currently closed to new subscribers. Let me know if space becomes available.

  • $10,000 subscription min
  • Margin account required
  • 1.5% fee

Latest transactions View all

Average trades per month 1.5
Executed Symbol Security Replicable Type Price
03/21/14 YUME YuMe Inc Yes Buy $7.30
03/21/14 TIVO TiVo Inc Yes Sell $13.09
03/20/14 GKNT Geeknet Inc Yes Buy $14.37
03/19/14 GAIA Gaiam Inc   Sell $6.44
03/17/14 GAIA Gaiam Inc   Buy $6.29
03/05/14 ENVI Envivio Inc Yes Sell $3.58
01/09/14 GKNT Geeknet Inc Yes Buy $18.70
11/13/13 DOLNQ Dolan Co/The Yes Sell $0.90

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 that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More
  3. Average subscription returns ("Avg Sub" or "Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active subscriptions to the underlying portfolio. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The subscription minimum is the minimum subscription 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 (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.
  9. These securities are currently held in the portfolio manager's brokerage account. Holdings in the "Replicable Holdings" table currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription holdings may vary.
  10. These transactions were executed in the portfolio manager's brokerage account. Those marked as "Replicable Transactions" 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 subscription trade activity may vary.
  11. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P/Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies Copyright © 2014.