12th Street Asset Management Company, LLC is an employee owned investment firm headquartered in Chicago, Illinois.
Our philosophy
is based on the premise that concentrated equity portfolios that focus on preservation
of capital and buying equity securities with a margin of safety offer better
risk adjusted returns than those that utilize traditional risk metrics for
portfolio construction. Our portfolios represent a best idea approach in which we identify a select number of companies that meet our investment criteria of good businesses trading at a discount to our intrinsic value estimates. Risk is not reduced through diversification, but rather through investing with a margin of safety and holding cash when bargains are not available.
12th Street currently offers two equity strategies. The Opportunity strategy is a concentrated all cap portfolio that provides the flexibility to invest in any securities that meet our investment criteria. The Small Cap Value strategy is a concentrated portfolio made up of securities with a market capitalization of less than $5 billion at time of purchase.
