Here are a few of the new managers we’ve added to the Covestor community.
Bill Smith is a business man with an affinity for numbers. He has a 20-year history in trading and has used a quantitative analysis method to trade equities for the past decade. This method helps him identify positions that are overbought and oversold. His Covestor model, Price Volatility Volume, is a working example of quantitative analysis. His proprietary model scans 8,000 stocks each day and finds equities to add to the model based on their volatility, price and volume. Price Volatility Volume has a $5,000 subscription and the last transaction in the model was a sell of Grand Canyon Education Inc (NASDAQ: LOPE).
Jose Ignacio Betancourt, a graduate of Drexel University and Portfolio Manager for Betan Group, is a conservative, long-term investor who takes months to find companies to invest in. He fell in love with investing during a virtual portfolio project he completed in his first year of college. His model with Covestor is called Cash Flow and Jose uses fundamental analysis that focuses on free cash flow and negative net debt when choosing positions for the model. The model has a $5,000 subscription and its top holding is IntegraMed America Inc (NASDAQ: INMD).
Bob Gay might not be a new manager to Covestor, but he does have a new model, called Bluenose. Bob is a CFA charterholder with a degree from the University of Saskatchewan. He’s been investing for 30 years and previously acted as the Vice President and Director of Quantitative Research at Donaldson, Lufkin and Jenrette in New York. His Bluenose model selects Canadian companies that trade on U.S. exchanges and that are accelerating. He takes a fundamental approach to picking investments in the model. Bluenose has a $5,000 subscription minimum and its top holding is EnCana Corp (NYSE: ECA).
