The curated database of hedge funds that publish investor letters. Research by geography, strategy, and schools of thought.
| # | Fund | Strategy | Style | Geography | AUM | Latest Letter |
|---|---|---|---|---|---|---|
The fund is co-managed by Paul Hogan, CFA, who has served as portfolio manager since the fund's inception in 1996, and William Preston, CFA, who joined as co-manager in 2020. Paul Hogan was recognized by Barron's in December 2019 for outperforming 99% of his peers over the prior five years. The management team operates under Fenimore Asset Management, founded in 1974 by Thomas O. Putnam, with Christian Snyder serving as President since November 2022. The firm employs 44 professionals and manages $5.4 billion in assets across various strategies, with the Dividend Focus Fund representing approximately $697 million of total assets.
The FAM Dividend Focus Fund employs a value-oriented investment approach based on principles from Benjamin Graham and David Dodd's Securities Analysis, focusing on financially sound, undervalued companies. The fund is designed to maximize total return through a combination of capital appreciation and dividend income, emphasizing investment in mid-cap companies with the potential to grow both earnings and dividends. The strategy maintains an unrelenting focus on quality businesses with traits such as significant free cash flow generation, high profitability, and appropriate levels of debt. The firm believes real wealth is created by generating absolute returns that outpace inflation through active company research rather than trading activity.
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Every insight in this database connects to the original source. Read the actual thesis, see the actual concerns, and make your own call.
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Performance data, returns, assets under management (“AUM”), and similar figures displayed on this page are sourced from publicly available manager communications (including investor letters), public filings, or other third-party sources. Buyside Digest does not independently verify performance figures, calculate returns, or audit manager-reported data. Such figures: May be selectively reported by the manager; May use non-standard calculation methodologies; May not reflect fees, expenses, taxes, or other costs; May be inconsistent across reporting periods; May be outdated. Past performance is not indicative of future results. Performance figures should not be relied upon for investment decisions without independent verification. Users should request audited performance data directly from the manager and conduct their own due diligence.
