Small / Mid Cap Growth

Strategies

Our SMA strategies are designed to capture growth based on earnings quality, proven competitive advantages, and reasonable valuation. We consider these factors to be the underpinnings of success—the kind of success that is unlikely to disappear overnight.

Oak Ridge Small / Mid Cap Growth

Our Small / Mid Cap Growth strategy is intended to outperform the Russell 2000 Growth Index over the long term while taking less risk. It focuses on fast-growing, profitable companies with market capitalizations between $250 million and $4 billion at the time of initial selection. Its accounts stay fully invested and typically hold 40-65 stocks. The strategy is available through our privately managed accounts.

Performance

Yearly Returns Composite—as of June 30, 2022*

2022
YTD
2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Return “Pure” Gross** of Fees (%) -26.83 12.65 28.69 24.29 -4.64 19.71 3.88 -2.78 5.74 41.04 12.13 2.72 31.55
Return Net of Fees (%) -27.28 11.33 27.17 22.82 -5.81 18.24 2.59 -3.95 4.49 39.40 10.77 1.46 29.94
Russell 2000 Growth (%) -29.45 2.83 34.63 28.48 -9.31 22.17 11.32 -1.38 5.60 43.30 14.59 -2.91 29.09
Russell 2500 Growth (%) -29.45 5.04 40.47 32.65 -7.47 24.46 9.73 -0.19 7.05 40.65 16.13 -1.57 28.86

Period Returns Composite—as of June 30, 2022*

Quarter 1 Year 3 Years*** 5 Years*** 10 Years*** Since Inception***
Return “Pure” Gross** of Fees (%) -16.44 -23.76 3.34 6.95 9.13 12.29
Return Net of Fees (%) -16.68 -24.68 2.11 5.67 7.83 10.90
Russell 2000 Growth (%) -19.25 -33.43 1.40 4.80 9.30 7.71
Russell 2500 Growth (%) -19.55 -31.81 3.68 7.53 10.88 9.43

SUMMARY

Top 10 Holdings (%) as of June 30, 2022*

Lantheus Holdings Inc 3.6 Casella Waste Systems 2.5
BJ’s Wholesale Club 2.9 Nomad Foods 2.5
Perficient Inc 2.7 R1 RCM INC 2.4
Lattice Semiconductor 2.7 Wex Inc 2.3
SAIA 2.5 SPS Commerce Inc 2.3
Total 26.6%

Characteristics as of June 30, 2022*

Oak Ridge Russell
2000 Growth
Median Market Cap $3.8B $1.2B
Wtd Avg. Market Cap $5.0B $2.9B
Average Dividend Yield 0.2% 0.8%
5-yr Trailing EPS Growth 25.9% 15.9%
P/E (12-Mo. Forward) 18.5 14.3
Trailing 1-Year Turnover 24% N/A

Sector Weightings as of June 30,2022*

Oak Ridge Russell
2000 Growth
Health Care 28.92% 22.74%
Information Technology 26.59% 21.38%
Consumer Discretionary 15.46% 10.43%
Industrials 9.07% 17.32%
Consumer Staples 6.72% 4.68%
Cash 5.86%
Energy 3.30% 6.11%
Financials 2.21% 5.92%
Communication Services 1.86% 2.37%
Materials 4.39%
Real Estate 2.87%
Utilities 1.79%

*Click for Small / Mid Cap Growth Disclosure

** The “pure” gross of fees performance results reflect the asset-weighted performance of accounts (including cash reserves) managed for the period and do not reflect the deduction of any wrap fees or fees in lieu of commissions on wrap-fee accounts or any advisory fees on the accounts, but do reflect the deduction of trading commissions for separately managed accounts. “Pure” gross of fees returns are supplemental to net returns.

*** Annualized Since Inception

Sector Weightings and Fundamental Characteristics Source: The Bank of New York Mellon Corp. (S&P GICS classification) & Factset

WHAT IS THE
OAK RIDGE WAY?

We aim to deliver long-term, growth-oriented strategies you can stay comfortably invested in, regardless of market conditions.

WHAT DRIVES US

We believe earnings growth is at the root of future share price appreciation. And we invest accordingly.