ARGENT CAPITAL MANAGEMENT LLC Profile
Argent Capital Management LLC is an investment management firm based out of St. Louis, Missouri. The company was originally established in 1998 and has grown from its inception to now operate with 20 employees, of which all but one are investment professionals. Argent Capital Management conducts its research internally, utilizing a qualitative and quantitative methodology to make its investment decisions. The company focuses on the growth and value stocks of small and large companies, picking out selected companies with a bottom up approach. Argent Capital Management benchmarks its performances against various S&P and Russell indexes. The company invests most heavily in the information technology sector, which alone makes up over a quarter of the firm’s total asset allocations and also invests in the consumer discretionary, finance, health care, and consumer staples sectors, among other sectors such as industrials and materials to a lesser degree, in order of decreasing allocation. Argent Capital Management holds its allocations for 9.4 quarters on average although the firm only holds its top 10 allocations for 3.4 quarters on average. The company’s top 10 holdings make up approximately a third of the firm’s total allocations and, in the most recent quarter, Argent Capital Management has had a turnover rate of 50.24%. Argent Capital Management manages over $2.3 billion in total assets under management spread across just under 1000 total accounts. Both of the firm’s total number of accounts and total assets under management have been increasing in recent years with its total number of accounts growing from 625 back in 2010 to its current amount and its managed assets increasing significantly from $600 million five years ago to become well over three times that amount. Argent Capital Management mainly caters to individuals, which alone makes up three quarters of its client base. The company currently offers its Large Cap Growth and Small Cap strategies.