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.

Performance

  • -5.8%

    Month to date

  • -11.4%

    Quarter to date

  • -11.4%

    Year to date

  • Quarterly vs S&P500

    Quarterly vs S&P500

Risk score

  • 14.1%

    Best quarter

  • -14.8%

    Worst quarter

  • $20,000 investment min
  • 0.5% fee
  • Required: Margin account

Exposure

26.5%
22.0%
18.0%
9.5%
8.0%
  • Equity Fund
  • Financial
  • Consumer, Non-cyclical
  • Industrial
  • Technology

Top 5 securities View all

7.4%
7.0%
4.9%
4.3%
4.1%

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)

Performance

Portfolio inception February 03, 2011

as of February 09, 2016 Manager (net of fees) S&P 500
Month-to-date -5.8% -4.5%
Quarter-to-date -11.4% -9.4%
Last 365 Days -13.9% -9.5%
Since inception (Annualized) 6.4% 7.2%
2016 (YTD) -11.4% -9.4%
2015 -3.0% -0.7%
2014 6.2% 11.4%
2013 33.3% 29.6%
2012 22.8% 13.4%

Risk metrics

Last 365 days

as of February 09, 2016 Manager (net of fees) S&P 500
Volatility 16.5% 16.3%
Sharpe Ratio - 0.86 - 0.60
Sortino Ratio - 1.19 - 0.84
Maximum Drawdown -17.7% -13.1%
Value-at-risk (95%, 1 week) -3.8% -3.8%
vs. S&P 500
Information Ratio - 0.99
Alpha -5.1%
Beta 0.98
R-Squared 0.93

Latest transactions View all

Average trades per month 1.6
Executed Symbol Security Type Price
01/29/16 IJR iShares Core S&P Small-Cap ETF Sell $101.75
01/27/16 IJR iShares Core S&P Small-Cap ETF Buy to cover $100.38
01/27/16 IJR iShares Core S&P Small-Cap ETF Sell short $100.87
01/13/16 IJR iShares Core S&P Small-Cap ETF Buy $99.24
01/13/16 IJR iShares Core S&P Small-Cap ETF Buy $99.36
12/29/15 SYF Synchrony Financial Sell $30.50
11/17/15 STZ Constellation Brands Inc Sell $137.25
11/09/15 GE General Electric Co Buy $29.80

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. 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. For certain portfolios we use an investable ETF as a benchmark, in these cases returns include management fees, transaction costs and expenses.