Our Strategies
Our Strategies
At Waycross Partners, we believe that successful investing is a balance between conviction and discipline. Conviction is achieved through our Key Factor Approach to fundamental analysis, which keeps us focused on only the most critical drivers to a company’s earnings. A disciplined approach to risk management is embedded within our investment process as we seek to understand, monitor, and limit downside risk. This investment philosophy represents the guiding principles that shape our investment decision making process through each of our three strategies.
Waycross Focused Core Equity Strategy
Waycross Partners launched its long-only Focused Core Equity Strategy in 2013. The objective is to outperform the S&P 500 index over a full market cycle. Our approach to long-only investment management remains focused on extensive, bottom-up company research. We emphasize companies that are either leaders in their respective industries or are disrupting their industries through innovation. The strategy maintains a higher market exposure range of 95-100% investment across 25-35 holdings. To better serve our clients’ needs, the strategy can be customized to adhere with specific guidelines and tax considerations.
Investment Vehicles: Separately Managed Accounts, Model/UMA, ’40 Act Fund
Quick Facts
- Strategy Inception: 1/1/2013
- Primary Capitalization: Large Cap
- Primary Style Emphasis: Core
- Benchmark: S&P 500
- # of Holdings: 30
Waycross Long/Short Equity Strategy
The Waycross Long/Short Equity Strategy is our flagship strategy and was launched in 2005. The investment objective is to produce strong risk-adjusted returns with lower volatility than the overall equity markets. Our investment process leads us to seek out both long and short opportunities. The Strategy typically targets gross long exposure between 90-100% and gross short exposure between 40-60%. Net market exposure typically ranges from 40%-60%.
Investment Vehicles: SMA Platform, ’40 Act Fund
Quick Facts
- Strategy Inception: 7/1/2005
- Primary Capitalization: Large Cap
- Primary Style Emphasis: Long/Short Equity
- Primary Benchmark: S&P 500
- Secondary Benchmark: Credit Suisse All Hedge Long/Short Equity Index
Waycross Long/Short Opportunity Strategy
The Waycross Long/Short Opportunity Strategy was launched in 2013. Similar to our flagship strategy, the investment objective is to generate superior, risk-adjusted returns over time while maintaining a low correlation to large cap equities. Our investment process leads us to seek out both long and short opportunities. The strategy targets a net market exposure in the range of 40-80%, but it can range from 0-100%, with a maximum gross exposure (longs plus shorts) of 150%. The resulting portfolio is positioned to participate in equity market up-trends, but maintains downside protection.
Investment Vehicles: Limited Partnership
Quick Facts
- Strategy Inception: 7/1/2013
- Primary Capitalization: Large Cap
- Primary Style Emphasis: Long/Short Equity
- Primary Benchmark: S&P 500
- Secondary Benchmark: Credit Suisse All Hedge Long/Short Equity Index