Large Cap Growth

Key Investment Tenets

Strategy Highlights

  • Positive revenue and earnings growth
  • Strong competitive position in stable, expanding industry
  • Positive earnings
  • Free cash flow positive
  • Established profit margins
  • Management focused on core business and aligned with stakeholders’ interests
  • Prudent use of debt and leverage

Style: Large Cap Growth


Inception: 1/1/1985


Benchmark: Russell 1000 Growth Index / S&P 500


Concentrated: Target Number of Holdings 35-45


Diversification Targets: 5% maximum individual security weight & 25% maximum exposure to a particular industry, in general


Low Turnover: 25 to 50% annually


Fully Invested: Average cash allocation of 1 to 5%

  • Evaluate relative to history, peers, and economic conditions

Investment Policy Committee

Matt Lagan, CFA  Committee Chair

Dan Lagan, CFA  Committee Co-Chair

John O'Reilly, CFA

Martine Elie, CFA

Nancy Huynh

key documents

Large Cap Growth Strategy Card

Large Cap Growth Commentary

Congress Asset Management

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Boston, MA 02210