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Small Cap Focused Strategy

The goal of the Hodges Small Cap Focused Strategy is to seek long-term capital appreciation through a concentrated common stock portfolio of small capitalization companies.

Hodges Overview

  • Family and employee owned and operated
  • In-depth, proprietary research on publicly traded companies
  • Private equity approach to investing in publicly traded companies
  • Investment team interacts with company management teams over 2,000 times a year
  • Each portfolio is actively managed with a bottom-up, fundamental approach
  • Average firm tenure of our portfolio managers and research analysts is 21 years

Investment Philosophy

The Hodges Small Cap Focused Strategy investment approach is to make strategic long‐term, and
to a lesser extent, tactical short‐term investments in small capitalization (“small cap”) stocks that we feel are undervalued, under‐followed and/or offer above average growth prospects. The Strategy targets a flexible style of both value and growth investment. The Russell 2000 is its benchmark. 



Returns (%) as of 03/31/2024 QTD 1 YR 3 YR 5 YR 10 YR Since Inception
Small Cap Focus - Gross 12.83 21.81 4.46 15.95 -- 10.84
Small Cap Focus - Net 12.41 19.99 2.90 14.22 -- 9.19
Russell 2000® 5.18 19.71 -0.10 8.11 -- 8.06
Returns for greater than one year are annualized
Strategy Fact Sheet

Portfolio Management

Our collegial and entrepreneurial culture attracts assertive and driven individuals. The Hodges investment process is a collaborative effort that leverages each team member’s efforts. We are proud to say that each tenured member of the investment team owns a piece of the firm and invests alongside our clients.

Our Team     Our Process

Fact Sheet
Outside 1-1-2-1
Mutual Funds

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