Portfolios positioned to beat the benchmarks, not mimic them
Friess Associates is an active, bottom-up manager. We build portfolios one company at a time without regard to the composition of any particular index. Our individual-company focus results in portfolios that typically offer lower correlations to passive benchmarks.
The Friess Associates investment strategy is based on each company’s ability to influence its share price through operational performance. Our portfolio management style is consistent with that individual-company focus. The goal is to outperform the indexes, not mimic them.
Collections of our best ideas
Existing holdings must continuously earn their keep by showing more upside potential than new candidates for purchase based on their respective fundamental outlooks. We follow a forced displacement discipline that leads us to continue to upgrade the portfolio with new opportunities that investors have yet to fully reward. The goal is to replace good investments with great ones, resulting in a portfolio that represents a collection of our best ideas.