Our equity strategies focus on identifying stocks with a significant margin of safety that are trading below their private market value. This involves analyzing potential positions on a stock by stock basis with a focus on valuation. We offer domestic equity strategies across the risk spectrum for both institutional and individual investors. Equity investments are made primarily in undervalued securities that our analysis indicates have attractive prospects for capital appreciation. Our investment approach is to achieve high absolute returns to investors while limiting exposure to risk and possible loss of capital. In addition to our value orientation the key to achieving superior long-term results is the collective experience of our professional portfolio managers who implement our methodologies for both personal and institutional portfolios.

The Large Cap Value Composite contains U.S. traded equities, with superior long-term total return potential. Securities in this composite tend to be well-established, recognizable leaders in their industry with typical market capitalizations in excess of $500 million. The Large Cap Value Composite is benchmarked to the Russell 1000 Value Index. 

In determining whether a company is a leader in its industry or has products or services which have dominance in the marketplace, Ancora Advisors will not focus exclusively on market capitalization, but will consider other factors such as market share and whether a company has developed products or services which are unique and generally accepted in their markets.

The Small Cap Value Composite contains U.S. traded equities, which offer substantial returns with corresponding greater risks. Securities will tend to be of companies with “micro” and small capitalizations, but this will not be a requirement. The composite utilizes the Russell 2000 Value Index as the benchmark.

The All Cap Value Composite consists of the combination of Large Cap Value and Small Cap Value Composites as defined above. Depending upon the best opportunities available, as perceived by the Ancora portfolio manager, portfolios at various times will consist of a greater weight being placed on one category over the other and vice versa. An individual can achieve a specific predefined ratio between the two categories by dividing portfolio assets into two separate accounts, one focused exclusively on Large Cap Value and the other on Small Cap Value. The composite utilizes the Russell 3000 Value Index as the benchmark.