New Covestor manager Jeff Phillips has an MPA from Harvard and an MBA from Kellogg. He has invested casually for over 20 years, but 5 years ago began investing seriously with a bottom-up, opportunistic approach to picking stocks mixed with the occasional short that takes advantage of the overall direction of the market. His Long-Short Equity model with Covestor is the result of extensive continuing empirical research that helps to maximize the probability of the model’s profitability. The model has a $5,000 subscription minimum and its top holding is Quantum Corp (NYSE: QTM).
Robert Freedland, a full-time optical surgeon with over 40 years worth of investment experience, has been with Covestor since April of 2009. Recently he unveiled a new model, Healthcare. The Healthcare model is comprised of healthcare company stocks. It is managed to preserve capital and identify growth without having more than 20 positions, or fewer than 5. The model currently has 9 holdings and a subscription minimum of $5,000. Its top holding is Medtronic Inc (NYSE: MDT).
Fat Pitch Financials puts its focus on special situation stocks as well as value investing. Economist George Silva runs the company. He is a graduate of both Cornell University and Yale University and has 20 years experience in investing. He started the company as a project to help him explore Warren Buffett and Benjamin Graham’s value investing techniques. His Covestor model, Workouts, is an extension of what he discovered during that project. Workouts are special situations that involve corporate events setting the future value of a security, events like mergers, tender offers, liquidations, etc. The model takes advantage of arbitrage opportunities presented by these events and avoids the use of margin and shorts. The model has a subscription minimum of $5,000 and its top position is Validus Holdings Ltd (NYSE: VR).
