
Quoted Equity
We believe you build wealth by owning companies, not trading them on the stock market.
Focused on ‘co-owning’ companies that are built on solid foundations and generate cash, we target businesses that we understand and that can deliver good returns on capital. We tend to find these companies within technology, healthcare and life sciences equipment and services, industrials and consumer goods.
In our search for underlying predictability and pricing power, we look for factors such as a strong brand, scalability, repeat business and a strong market position.
The strategy has two key objectives, firstly to provide exposure to individually excellent companies for a long period of time to gain long-term economic benefit. Secondly, to hold these in a combination that creates a relatively resilient equity portfolio.
The Quoted Equity strategy is split into two portfolios: Capital and Income.
The portfolios contain significant holdings in well managed companies, held for the long term. These investments typically offer substance, brand, intellectual property and strong market position.
Introducing Quoted Equity
We are not traders of stocks; we are long-term owners of companies.
Watch film
“The Quoted Portfolio is a risk managed, concentrated collection of high quality companies which we can hold for long periods of time. We always invest with a margin of safety, using general stock market volatility for entry points and to make sure we are being careful with our shareholders’ money.”
Mathew Masters
Head of Caledonia Quoted Equity
Meet the Quoted Equity teamCombined portfolio performance data
Over 1 Yr
Over 3 Yrs
Over 5 Yrs
Absolute Return
12.8%
40.4%
73.9%
Annualised Return
12.8%
12.0%
11.7%
Capital Portfolio
Performance Data
Over 1 Yr
Over 3 Yrs
Over 5 Yrs
Absolute Return
15.9%
60.7%
102.9%
Annualised Return
15.9%
17.1%
15.2%
Holdings
Ten Largest Holdings
Value (£m)
353.1
Remaining holdings
176.5
Total
529.6
Geographic distribution
Sector distribution
Income Portfolio
Performance Data
Over 1 Yr
Over 3 Yrs
Over 5 Yrs
Absolute Return
3.4%
2.2%
24.3%
Annualised Return
3.4%
0.7%
4.4%
Holdings
Top Holdings of more than £10m
Value (£m)
Yield %
102.5
Remaining holdings
66.6
Total
169.1
4.5
Geographic distribution
Sector distribution
Our geographical analysis reflects listing location.