Institutional Strategies Main

Timpani Small Cap Growth

Strategy Details

As of 31/3/19
Inception Date:
1/4/08
Strategy Assets*:
$338.9 M
Benchmark(s):
Russell 2000 Growth Index

Resources

*Strategy Assets reflect all assets that are currently being managed (collectively) under the strategy, which may contain multiple performance composites.

Strategy Objective

A small-cap growth equity strategy that invests in the common stocks of small market capitalization companies and seeks to outperform the Russell 2000 Growth Index over a full market cycle.

Key Differentiators

  • One cohesive and consistent investment team since inception
  • Time-tested process that works in most investing environments
  • Objective, disciplined approach minimizes biases and results in efficient decision-making
  • Value-added sell discipline seeks to provide downside protection

Sector Weightings

AS OF 31/3/19
Sector % Portfolio Index
Consumer Discretionary 20.3 17.2
Consumer Staples 1.9 2.7
Energy 3.1 1.8
Financials 3.8 7.9
Health Care 26.2 26.2
Materials 5.4 7.0
Producer Durables 7.7 14.8
REITS 0.0 3.0
Technology 30.5 18.3
Utilities 0.6 1.8

Representative Portfolio Ten Largest Holdings

AS OF 31/3/19
Security Sector % Portfolio
Chegg Inc. Consumer Discretionary 3.1
Ingevity Corp Materials and Processing 3.0
Tandem Diabetes Care Inc Health Care 2.6
Five9 Inc Technology 2.6
Merit Med Sys Inc Com Health Care 2.6
Planet Fitness Inc Consumer Discretionary 2.5
RealPage Inc Technology 2.2
2U Inc Consumer Discretionary 2.2
Strategic Education Consumer Discretionary 2.2
Array Biopharma Health Care 2.2

The results portrayed on this page are for the Calamos Timpani Small Cap Growth Composite. Representative holdings and portfolio characteristics are specific only to the portfolio shown at that point in time. Other portfolios will vary in composition, characteristics, and will experience different investment results. The representative portfolio shown has been selected by the advisor based on account characteristics that the advisor feels accurately represents the investment strategy as a whole.

Returns and Risk/Reward statistics presented reflect the Calamos Timpani Small Cap Growth Composite, which is an actively managed Composite investing in common stocks of small market capitalization companies with sound growth potential. The Composite was created June 1, 2019 calculated with an inception date of April 1, 2008. Results include all fully discretionary accounts, including those no longer with the Firm. Past performance is no guarantee of future results. On May 31, 2019 Calamos acquired Timpani Capital Management LLC which has managed the strategy since its inception in 2008. Results include all fully discretionary accounts, including those no longer with the Firm. All returns are net of commission and other similar fees charged on securities transactions and include reinvestment of net realized gains and interest.

The primary benchmark is the Russell 2000® Growth Index. The Russell 2000® Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000® companies with higher price-to-value ratios and higher forecasted growth values. The Russell 2000® Growth Index is published and maintained by FTSE Russell. Unmanaged index returns assume reinvestment of any and all distributions and do not reflect any fees, expenses or sales charges. Investors cannot invest directly in an index.

The information in this report should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account’s portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent the account’s entire portfolio and in the aggregate may represent only a small percentage of an account’s portfolio holdings. It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

Fees include the investment advisory fee charge by Calamos Advisors LLC. Returns greater than 12 months are annualized. Chart Data Sources: Mellon Analytical Solutions LLC and Calamos Advisors LLC.

Strategy Vehicles

Separately Managed Accounts Minimum: $5 million

Literature

Timpani Small Cap Growth Fact Sheet The Timpani Small Cap Growth Strategy fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.