CHURCHILL MANAGEMENT Corp Profile
Churchill Management Corp is an investment management firm based out of Los Angeles. California. The company was originally established in 1963 and has grown from its inception to have additional offices in Georgia, Washington, Massachusetts, Texas, Illinois, California, Minnesota, Florida with some states have multiple offices in key cities. Churchill Management conducts its research internally, utilizing a mixed methodology with fundamental, quantitative, and technical strategies. The company invests with a bottom up and top down approach, benchmarking its performance against the S&P 500 Index. Churchill Management allocates its assets across a variety of sectors, investing in the public equity and fixed income markets within the United States. The company invests most heavily in the finance sector, which alone makes up over a third of its total asset allocations, and also invests in the information technology, making up another quarter of its allocations, consumer discretionary, consumer staples, and health care sectors, among others to a lesser degree, in order of decreasing allocation. Churchill Management keeps its holdings for an average of 5 quarters and has had a turnover rate of approximately 32.3% in the most recent quarter. The company’s top 10 holdings make up almost two thirds of its total holdings and its top two holdings in the First Trust Dow Jones Internet Index Fund and PowerShares QQQ Trust - Unit Series 1 make up a quarter of its total allocations. The company operates with 55 employees of which 32 are investment professionals. Churchill Management oversees over $3.8 billion in total assets under management spread across over 12,000 accounts, all of which are discretionary accounts except for 300 which make up a minor $110 million of its managed assets. Both of its total number of accounts and total assets under management have been increasing in recent years with its managed assets increasing from $1.2 billion back in 2010. The company offers a variety of strategies including its Tactical opportunity, ETF Sector Rotation, Equity Dividend, and Premier Wealth Tactical Core/ ETF Sector Rotation strategies.