CAPSTONE ASSET MANAGEMENT CO

Capstone Asset Management Co. is an investment management firm based out of Houston, Texas. The company was established in 1987 by Edward L. Jaroski, who is still with the company today acting as its CEO and Presidents. Capstone Asset Management has grown from its inception to now have 39 employees of which 11 are investment professionals. The company conducts its research internally and utilizes a fundamental and quantitative methodology to make its investment decisions. Capstone Asset Management invests in the growth stocks of small to large cap companies in the public equity and fixed income markets on a global scale, benchmarking its performance against various S&P and Barclays indexes. The company invests most heavily in the finance sector, which alone makes up over a fifth of its total asset allocations, and also invests in the information technology, consumer discretionary, health care, consumer staples, energy, utilities and telecommunications, and industrials sectors, among others to a lesser degree, in order of decreasing allocation. Capstone Asset Management has a highly diversified investment style, allocating its assets with none of its holdings other than its top holdings in Apple Inc. and Microsoft Corp. making up over 1% of its total holdings. The company’s to 10 holdings make up 9.3% of its total and the company has a relatively low turnover rate of approximately 7%. Capstone Asset Management holds over $5 billion in total assets under management spread across approximately 3,200 accounts, all of which are discretionary. Both of the company’s total number of accounts and total assets under management have been increasing in recent years with its total managed assets growing from $3.1 billion back in 2010 to its current amount. Capstone Asset Management mainly caters to individuals, which alone makes up approximately two thirds of its client base, and offers a wide variety of privately managed portfolios.