Summary
The fund seeks capital appreciation in the long term by investing in mid-and large-size companies in the United States.
The flexible equity investment process seeks to identify attractive or improving businesses that are trading at reasonable valuations and not yet recognized by the market.
The research team looks for companies that demonstrate favorable business economics supported by enduring competitive advantages, capable and trustworthy management, positive industry dynamics and sensible capital allocation.
Link
Directors
Sep 6, 2023- Georgette D. Kiser
- Henry H. Hopkins
- Kyle Prechtl Legg
- Michael D. Hankin
- Neal F. Triplett
- Thomas F. O'Neil III
- Margaret W. Adams
Chief Compliance Officer
- Brett D. Rogers
Fund Manager(s)
Price
Company Name |
Holding |
| Meta Platforms Inc | 4.68 % |
| Amazon.com Inc | 4.08 % |
| Alphabet Inc | 4.05 % |
| Berkshire Hathaway Inc | 3.82 % |
| KKR & Co Inc | 3.79 % |
| TSMC | 3.51 % |
| First American Government Obli | 3.35 % |
| UnitedHealth Group Inc | 3.27 % |
| Apple Inc | 3.08 % |
| Alphabet Inc | 2.75 % |
| More |
Documents
Performance
YTD
7.6%
3 Year
16.9%
5 Year
72.27%
Best
35.75%
2013
Worst
-23.88%
2022
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 7.6% | 9.3% | -6.9% | 8% | -21.2% | 14.4% | 0.3% | 6.1% | -1.4% | 0.7% |
| Q2 | - | 10% | -16% | 13.5% | 24% | 3.6% | 7.7% | 3.9% | -0.5% | -1.1% |
| Q3 | - | -1% | -5.8% | -4.5% | 6.6% | 1% | 6.3% | 5% | 7.6% | -6.5% |
| Q4 | - | 9.9% | 3.3% | 6.7% | 7.7% | 6.7% | -15.1% | 6.9% | 3.7% | 4.4% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.2% | 6% | 3% | -3.2% | - | - | - | - | - | - | - | - |
| 2023 | 8.4% | -1.8% | 2.7% | 1.7% | 0.9% | 7.2% | 3.8% | -0.4% | -4.3% | -2.5% | 10.8% | 1.9% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 8% | 31% | -24% | 21% | 16% | 30% | 0% | 24% | 10% | -3% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| BAFFX | 8% | 31% | -24% | 21% | 16% | 30% | - | 24% | 10% | -3% |
| Russell 1000 Index | - | - | -19% | 25% | 19% | 29% | -7% | 19% | 10% | -1% |
| Alpha | 8% | 31% | -5% | -4% | -3% | 2% | - | 5% | -0% | -2% |