CAPITAL COUNSEL LLC/NY

Capital Counsel LLC is an investment management firm based out of New York City, New York. The company was originally established in 1999 and has grown from its inception to now operate with 16 employees of which 13 are investment professionals. Capital Counsel conducts its research internally, utilizing a quantitative and qualitative methodology to make its investment decisions. The company invests in the public equity markets within the United States, allocating its assets across a variety of sectors and benchmarking its performance against the S&P 500 index. Capital Counsel invests most heavily in the information technology sector, which alone makes up over a third of the firm’s total asset allocations, and also invests in the health care, which makes up another quarter of its allocations, finance, industrials, consumer staples, and materials sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations for 13.3 quarters on average and holds its top 10 holdings, which make up almost two thirds of the company’s total asset allocations, for 12.1 quarters on average. In the most recent quarter, Capital Counsel had a turnover rate of approximately 19.1%. The company manages over $1.25 billion in total assets under management spread across almost 600 total accounts, all of which are discretionary accounts except for 1 which makes up approximately $5.5 million of its managed assets. Although both of the firm’s total number of accounts and total assets under management have been increasing in recent years, both of these amounts have taken a steep decline in the first quarter of 2016, dropping from a previous high point of 1,250 accounts and over $2.5 billion in assets under management to the current amounts. Capital Counsel currently offers a single investment strategy focused on stock selection – its Foundation and Endowment Composite strategy.