HHR Asset Management, LLC

HHR Asset Management, LLC is an investment management firm based out of Berkeley Heights, New Jersey. The company was originally established in 1974 and has grown from its inception to now operate with 11 employees of which 6 are investment professionals with an additional location in New York City. HHR Asset Management is owned by its employees with Joseph Conroy Robillard, the current CIO of the company, holdings the highest majority in the company. The firm, previously known as Hintz, Holman & Robillard, Inc., conducts its research internally and externally and utilizes a fundamental and macroeconomic methodology to make its investment decisions. HHR Asset Management utilizes long only and long short strategies, investing in the public equity markets within the U.S. The company invests most heavily in the information technology and consumer discretionary sectors, each of which make up over a third of its total asset allocations, and also invests in the finance and health care sectors, among other sectors to a lesser degree, in order of decreasing allocations. HHR Asset Management holds its allocations an average of just over 9 quarters and has had, in the most recent quarter, a turnover rate of approximately 34.5%. The company oversees over $2.7 billion in total assets under management spread across 19 total accounts, all of which are discretionary accounts. Both of HHR Asset Management’s total number of accounts and total assets under management have been increasing in recent years with its total managed assets growing significantly, increasing from $1.5 billion back in 2012 to experience over a billion in growth in less than half a decade. HHR Asset Management mainly caters to high net worth individuals and pooled investment vehicles, each making up over a third of its client base, and also provides services to corporations, insurance companies, and others, in order of decreasing clientele.