SAWGRASS ASSET MANAGEMENT LLC

Sawgrass Asset Management LLC is an investment management firm based out of Jacksonville Beach, Florida. The company was originally established by founding principles Brian K. Monroe and Dean McQuiddy, both of whom are still with the company acting as the Director of Marketing & Client Service and CCO, respectively. Sawgrass Asset Management conducts its research internally and externally, utilizing a fundamental and quantitative methodology to make its investment decisions. The company invests with a bottom up approach, allocating its assets in the growth stocks of small and large cap companies within the fixed income and public equity markets within the United States. Sawgrass Asset Management invests most heavily in the information technology sector, which alone makes up a quarter of the firm’s total asset allocations, and also invests in the consumer discretionary, health care, consumer staples, finance, industrials, and utilities and telecommunications sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations for just under 18 quarters on average although the firm only holds its top 10 holdings for 4.6 quarters on average. In the most recent quarter, Sawgrass Asset Management has had a turnover rate of approximately 19.7%. The company manages over $3.7 billion in total assets under management spread across 272 accounts, all of which are discretionary accounts except for 2 which make up $54 million of its managed assets. Both of Sawgrass Asset Management’s total number of accounts and total assets under management have been increasing in recent years with the firm’s total managed assets growing significantly from under $1.8 billion back in 2010 to over time that amount today. The company offers a variety of strategies including its Diversified Large Growth Equity, Focused Growth Equity, Genesis Small Growth Equity, High Quality Core Fixed Income, Intermediate Fixed Income, and Balanced solutions.