MARTINGALE ASSET MANAGEMENT L P

Martingale Asset Management LP is an investment management firm based out of Boston, Massachusetts. The company was established in 1987 and is employee owned with the majority ownership in the company being held by Martingale Asset Management Corporation. The firm is headed by president and CEO Arnold S. Wood and has grown to 22 employees of which 8 are investment professionals. Martingale Asset Management conducts its research internally and utilizes a fundamental and quantitative methodology to make its investment decisions. The company invests in the growth and value stocks of selected companies from the small to large market caps in the public equity markets within the U.S. Martingale Asset Management benchmarks its performances against a variety of Russell and S&P indexes. Martingale Asset Management invests its assets across a variety of sectors, focusing on the information technology, health care, and finance sectors, each of which make up a sixth of its total asset allocations, and also invests in the consumer discretionary, consumer staples, utilities and telecommunications, and industrials sectors, among others to a lesser degree, in order of decreasing allocation. The firm’s top 10 holdings make up 12% of its total holdings and the firm has a turnover rate of 26.2%. Martingale Asset Management holds approximately $3.7 billion in total assets under management spread across 40 accounts, all of which are discretionary. Although the company’s total number of accounts has been decreasing in recent years, its total assets under management has been increasing, growing significantly from $1.6 billion back in 2012 to well over twice that amount today. Martingale Asset Management mainly caters to high net worth individuals and pension and profit sharing plans, each of which make up over a quarter of its entire client base, and also provides services to investment advisors, charities, investment companies, pooled investment vehicles, state or municipal entities, and insurance companies, among others, in order of decreasing clientele.