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| # | Fund | Strategy | Style | Geography | AUM | Latest Letter |
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Mar Vista’s U.S. Quality strategy focuses on investing in high-quality companies with durable competitive advantages and high returns on capital while exercising valuation discipline. In the third quarter of 2026, the strategy returned +1.45% net-of-fees, compared to +1.79% for the Russell 1000 Index and +2.30% for the S&P 500 Index. Stock selection within information technology, consumer discretionary, and financials contributed positively to results, whereas holdings in industrials, materials, and healthcare detracted. The firm observes that rising interest rates, elevated energy prices, and persistent inflation have increased financial gravity, even as headline cap-weighted indices remain supported by artificial intelligence leaders. Consequently, the team maintains an allocation of over 40% to AI infrastructure enablers while ensuring other holdings stand to benefit from technological adoption. Mindful that high valuations leave minimal room for operational disappointment, the team exited its Oracle position after substantial appreciation narrowed its margin of safety and selectively deployed proceeds into higher-conviction ideas.
Mar Vista seeks to compound intrinsic value across market cycles by investing in competitively advantaged, high-return businesses whose long-term growth and capital efficiency are attractively priced relative to underlying economic fundamentals.
Mar Vista approaches the upcoming quarters with heightened caution, noting that elevated interest rates, energy inflation, and rich valuations create an asymmetric risk backdrop for broad equity markets. The team expects long-term investment outcomes to be dictated by corporate earnings power, capital efficiency, and return on capital rather than speculative multiple expansion.
As of Oct 7, 2026
The Mar Vista leadership team brings extensive institutional investment experience with Silas A. Myers serving as CEO with 35 years of experience and Harvard education, Brian L. Massey as President with 34 years of experience and UCLA MBA serving as Managing Member since 2007, Joshua J. Honeycutt as Partner with 25 years of experience and Purdue education, and Jeffrey B. Prestine as Partner with 26 years of investment experience. The firm was founded in 2007 as a minority-led investment management firm headquartered in Los Angeles with additional operations in Minnesota. The team manages approximately $1.5 billion in assets across 268 discretionary accounts serving institutions, foundations, pensions, endowments, and high net worth individuals. The firm employs 17 investment professionals across four offices with a focus on creating value through risk-adjusted returns that exceed passive index opportunities.
Mar Vista's investment philosophy centers on patient ownership of exceptional businesses with durable competitive advantages, disciplined capital allocation, and the ability to compound value through cycles. The firm takes a private equity approach to investing in public markets, seeking high quality growth businesses trading at discounts to fair value. They value companies as private entities, discounting free cash flows to determine intrinsic worth, with required margins of safety varying based on business stability and predictability. The firm emphasizes that stock prices follow intrinsic value over the long term, and intrinsic value is created when returns exceed the cost of capital. Their high conviction, patient framework places equal emphasis on preservation of capital and growth potential.
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