Vista IM Profile Picture Investment Adviser

Vista IM

Vista IM

  • EducationUniversity of Pittsburgh; Penn State University
  • QualificationsMBA, BS, CFA, CPA
  • Investment ExperienceOver 25 years experience
  • Founded2002

Core Holding

Vista Investment Management employs a Core Equity investment strategy for its model portfolio, using primarily individual securities. The primary objective is growth of capital with a moderate level of risk. The model portfolio is highly diversified and has exposure to virtually all major equity sectors. Market timing does not play a significant role in Vista's strategy. Because this strategy is highly diversified, it may be appropriate for investors seeking one primary equities portfolio. To the extent possible, Vista will attempt to minimize taxable events.

Risk score

Risk Score 4

Best 30 days


Worst 30 days


  • 1.6%
    30 day
  • 8.2%
    90 day
  • -1.7%
    365 day
    February 03, 2011
Monthly vs S&P500
Vista IM - Core Holding Monthly vs S&P500
-6.8% 12 months
  • $20,000 investment min
  • Margin account required
  • 0.5% fee


  • Financial
  • Equity Fund
  • Industrial
  • Consumer, Non-cyclical
  • Technology

Top 5 securities View all


Portfolio commentary

  1. US stock valuations improve amid market turmoil

    19 October 2015

    The correction has burned off the market's speculative froth.

  2. Rates, earnings shape stock market contours 27 July 2015
  3. The stock market's Fed dependency problem 22 April 2015
  4. US stocks are still the best place to invest 13 January 2015
  5. This bull market is looking wobbly 15 October 2014

show more

Performance detail

  • Manager (net of fees)


Covestor inception February 03, 2011

as of November 24, 2015 Manager (net of fees) S&P 500
Past 30 days 1.6% 0.9%
Past 90 days 8.2% 8.2%
Past 365 days -1.7% 3.1%
Since Covestor inception (Annualized) 10.1% 12.6%
2015 (YTD) -0.1% 3.4%
2014 6.2% 13.7%
2013 33.3% 32.4%
2012 22.8% 16.0%

Risk metrics

Last 365 days

as of November 24, 2015 Manager (net of fees) S&P 500
Best 30 days 11.1% 11.2%
Worst 30 days -8.9% -10.0%
Volatility 15.0% 15.2%
Sharpe Ratio - 0.12 0.19
Sortino Ratio - 0.17 0.27
Maximum Drawdown -15.2% -12.0%
Value-at-risk (95%, 1 week) -3.5% -3.5%
vs. S&P 500
Information Ratio - 1.15
Alpha -4.5%
Beta 0.95
R-Squared 0.93
  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Latest transactions View all

Average trades per month 1.6
Executed Symbol Security Type Price
11/17/15 STZ Constellation Brands Inc Sell $137.25
11/09/15 GE General Electric Co Buy $29.80
10/30/15 STZ Constellation Brands Inc Sell $135.05
10/30/15 ANCX Access National Corp Buy $20.75
10/23/15 VTR Ventas Inc Buy $55.09
10/23/15 VDE Vanguard Energy ETF Buy $94.73
10/23/15 XOP SPDR S&P Oil & Gas Exploration & Production ETF Buy $37.04
10/23/15 CHK Chesapeake Energy Corp Sell $7.91

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 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. 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. 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.