Global Equity Analytics and Research Services LLC (GEARS) was founded by Robert Gay as a proprietary learning-based electronic documentation interpretation software company. Prior to founding GEARS, Robert was Vice President and Director of Quantitative Research at Donaldson, Lufkin and Jenrette in New York. Robert was selected to Institutional Investor Magazine’s All-American Research team each year from 1990 through 1995.
GEARS manages Covestor’s Luxury Liner model. Here’s the strategy:
[f]undamentals based and financial statement analysis-driven, the luxury liner is an un-leveraged long/short hedged fund. Proprietary learning-based data extraction technology produces a unique and proprietary data record for each company.
Current top holdings for Luxury Liner include the Direxion Daily Large Cap Bear 3X ETF (NYSE: BGZ), TIBCO Software (Nasdaq: TIBX) and Key Tronic Corp (Nasdaq: KTCC). On March 29, Intel Corp (Nasdaq: INTC), the semiconductor chip giant, was added to the portfolio.
Trefis at Seeking Alpha recently wrote about INTC’s mobile business:
While Intel has been dominant in desktops and notebooks with its x86 chip, it has lagged in smartphone space. This space is largely dominated by ARM-based processors and Intel’s Atom has been both a late entrant and unable to match ARM’s efficiency so far.
The president of INTC’s mobility group recently resigned – from the Wall St. Journal:
Intel said Monday that Chandrasekher, a 24-year company veteran who was senior vice president and general manager of the chip maker’s ultra mobility group, had announced that he will be leaving Intel to pursue other interests. The company did not provide any additional explanation.
INTC closed up 0.89% on 3/30.
Sources:
“Sizing Up Intel’s Mobile Business” Trefis. Seeking Alpha, 3/30. https://seekingalpha.com/article/261010-sizing-up-intel-s-mobile-business
“Intel Exec Departs Amid Mobile Disappointments” Don Clark. Wall Street Journal, 3/21. https://blogs.wsj.com/digits/2011/03/21/intel-exec-departs-amid-mobile-disappointments/
