Advantus Capital Management Inc Profile
Advantus Capital Management Inc. is an investment management firm based out of Saint Paul, Minnesota. The company was established in 1984 and currently operates as a subsidiary of Securian Financial Group, Inc. Advantus Capital Management is headed by President and CIO Christopher Roman Sebald and has grown to now operate with 104 employees of which 40 are investment professionals. The company conducts its research both internally and externally, utilizing a fundamental methodology with a bottom up approach to make its investment decisions. The company invests in the public equity, real estate, and fixed income markets within the U.S., benchmarking its performance against a variety of Barclays indexes. Advantus Capital Management invests most heavily in the real estate sector, which alone makes up almost a third of its total asset allocations, and also invests in the information technology, finance, health care, consumer discretionary, consumer staples, energy, and industrials sectors, among others to a lesser degree, in order of decreasing allocation. The company’s top 10 holdings make up approximately a sixth of its total holdings and the company has a relatively low turnover rate of approximately 5.6%. Advantus Capital Management holds over $32.7 billion in total assets under management spread across approximately 200 accounts, all of which are discretionary accounts except for 40 that make up approximately $3.1 billion of its total managed assets. Both of the company’s total number of accounts and total assets under management have been increasing in recent years with its total assets under management growing significantly from $16.7 billion back in 2010 to approximately twice that amount today. Advantus Capital Management mainly caters to insurance companies, which alone makes up over half of its client base, and also provides services to a variety of other clientele. The company offers a variety of investment strategies including insurance asset management, institutional fixed income, and specialty equity.