TUKMAN GROSSMAN CAPITAL MANAGEMENT INC

Tukman Grossman Capital Management Inc. is an investment management firm based out of Larkspur, California. The company was originally established in 1908 and was formerly known as Tukman Capital Management Inc. Tukman Grossman Capital Management has grown from its inception to now operate with 8 employees of which 5 are investment professionals. The company conducts its research internally, utilizing a fundamental and technical methodology to make its investment decisions. Tukman Grossman Capital Management invests in the stocks of large cap companies, allocating its assets in the public equity markets within the United States using a bottom up approach. The company invests most heavily in the finance sector, which alone makes up over a quarter of its total asset allocations, and also invests in the consumer staples, consumer discretionary, health care, information technology, industrials, and energy sectors, among other sectors to a lesser degree, in order of decreasing allocation. Tukman Grossman Capital Management holds its allocations for an average of over 37 quarters, although the firm only holds its top 10 allocations, which makes up over two thirds of its total holdings, for 16.8 quarters on average. In the most recent quarter, Tukman Grossman Capital Management had a turnover rate of 11.1%. The company oversees over $1.8 billion in total assets under management spread across 28 total accounts, all of which are discretionary accounts. Both of Tukman Grossman Capital Management’s total number of accounts and total assets under management have been decreasing in recent years, with its total assets under management having once been as high as $2.7 billion back in 2010. The company mainly caters to charities and high net worth individuals, which each make up a third of its client base, although the majority of Tukman Grossman Capital Management’s capital come from state and municipal entities and pension and profit sharing plans, which each make up almost a third of its attributed assets.