Arrowpoint Asset Management, LLC

Arrowpoint Asset Management, LLC

Arrowpoint Asset Management, LLC
Last update 2020-02-17 306 Stocks (23 new)
Value $11.22 Bil Turnover 13 %
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Arrowpoint Asset Management, LLC Profile

Arrowpoint Asset Management, LLC is an investment management firm based out of Denver, Colorado. The company was established in 2007 by cofounders Karen Lynn Reidy and David John Corkins, both of whom are still with the company today acting as its portfolio managers. Arrowpoint Asset Management has grown from its inception to now have 40 employees of which 24 are investment professionals. The company conducts its research internally, utilizing quantitative and fundamental methodologies to make its investment decisions. Arrowpoint Asset Management invests in the fixed income, public equity, and alternative investment markets, allocating its assets in a variety of growth stocks of small to midcap companies with a long contrarian strategy of investment. The company invests most heavily in the information technology sector, which alone makes up almost a quarter of its total asset allocations, and also invests in the industrials, consumer discretionary, health care, finance, and transports sectors, among others to a lesser degree, in order of decreasing allocation. Arrowpoint Asset Management’s top 10 holdings together make up just under a fifth of its total asset allocations, and the company has a relatively high turnover rate of 25.7%. The company holds over $7.6 billion in total assets under management spread across 67 accounts, all of which are discretionary. Although the company’s total number of accounts has been somewhat volatile in recent years despite its upward trend, its total assets under management has been increasing, growing significantly from $1.2 back in 2010 to well over 6 times that amount today. Arrowpoint Asset Management mainly caters to high net worth individuals, which alone makes up over a third of its client base, and also provides to individuals, investment companies, pooled investment vehicles, charities, and corporations, in order of decreasing clientele. The company offers a variety of strategies and currently acts as the investment advisor for the Meridian family of mutual funds.

Arrowpoint Asset Management, LLC Investing Philosophy

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