How Are We Different?
We shop where others don’t
- mid cap
- small cap
We run concentrated portfolios
- money manager can’t “hide”
We buy strong financial characteristics
- high return on invested capital (ROIC)
- strong free cash flows
- strong balance sheets
We understand the business models before we purchase the companies
We look for dynamic end markets, new trends
Our mission is to manage our clients’ capital in a responsible, prudent and thoughtful manner.
In many cases, Sandhill is the sole steward of our clients’ capital. While it is very important to earn a healthy return for our clients, we never lose sight that we have to protect our clients’ capital.
Sandhill is a long term investor. Good investments are hard to find and once we find them, we prefer to keep them. Central to this thesis is the fact that the companies in our portfolios are able to reinvest their free cash flow at a high rate of return.
Sandhill has been conservative with our clients’ capital while earning attractive returns. Why? Because we do our own equity research. We get on airplanes and visit companies. We talk to CEOs. We read 10-Ks and 10-Qs. We listen to the quarterly earnings calls. We know what we own.
