(as of 06/30/2023)
The Riverbridge Large Cap Growth Portfolio was established in 1997. It is a diversified growth stock portfolio invested in 30-50 companies of large market capitalization sizes. Due to our long-term investment approach, turnover for the portfolio is low – averaging less than 20% annually. The portfolio is managed by the Riverbridge Investment Team utilizing our timetested investment philosophy and disciplines.
Riverbridge believes earnings power determines the value of a business, therefore we invest in high quality growth companies that possess the ability to build their earnings power at above-average rates for long periods of time. We define earnings power as companies achieving high returns on invested capital while possessing an enduring strategic advantage in their marketplace. We build portfolios by identifying and buying well-managed companies we believe can maintain consistent unit growth and strong free cash flow, allowing them to finance their growth using internally generated sources of capital.
(as of -06/30/2023)
Inception Year | 1997 |
Number of Holdings | 30 |
Wgt. Avg. Market Cap | $586.1 billion |
5-Year Turnover | 11.70% |
Investment Vehicles | Separate Account |
(as of 06/30/2023)
Microsoft Corporation | 10.29% |
NVIDIA Corporation | 6.72% |
Amazon.com, Inc. | 5.88% |
CoStar Group, Inc. | 4.92% |
Veeva Systems, Inc. | 4.47% |
Analog Devices, Inc. | 4.27% |
ServiceNow, Inc. | 3.90% |
UnitedHealth Group, Inc. | 3.75% |
West Pharmaceutical Services, Inc. | 3.69% |
Salesforce, Inc. | 3.19% |
TOTAL | 51.07% |