Portfolio Characteristics

As of 12/31/2019

Strategic Growth Fund
Russell 1000® Growth Index
Number of Holdings
33
530
Weighted Avg. Market Cap ($Mil)
251,187.64
394,160.4
Median Market Cap ($Mil)
83,396.21
13,734.62
Price/Book Ratio
6.23
11.35
Adj. Trailing P/E Ratio
27.11
27.84
Forecasted P/E Ratio
22.45
24.31
Earnings Growth Rate (%)
17.46
28.87
Proj. Earnings Growth Rate (%)
12.75
14.32
Return on Equity (%)
19.81
29.67
Turnover (unannualized % since 10/31)
2
Beta vs. Fund Benchmark
0.85

Top Ten Holdings

As of 12/31/2019

Company Name [Ticker]
% of Net Assets
Berkshire Hathaway Inc. Class B[BRK.B]
5.2
Alphabet Inc. Class C[GOOG]
4.9
Markel Corp.[MKL]
4.4
Adobe Inc.[ADBE]
4.4
Apple Inc.[AAPL]
4.1
Johnson & Johnson[JNJ]
3.9
American Tower Corp.[AMT]
3.7
Teleflex Inc.[TFX]
3.7
Honeywell International Inc.[HON]
3.7
Intuit Inc.[INTU]
3.5

Full Holdings

As of 12/31/2019

Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
Berkshire Hathaway Inc. Class B [BRK.B]
United States
27
226.50
6,156
5.2
Alphabet Inc. Class C [GOOG]
United States
4
1,337.02
5,716
4.9
Markel Corp. [MKL]
United States
5
1,143.17
5,187
4.4
Adobe Inc. [ADBE]
United States
16
329.81
5,167
4.4
Apple Inc. [AAPL]
United States
16
293.65
4,793
4.1
Johnson & Johnson [JNJ]
United States
31
145.87
4,528
3.9
American Tower Corp. [AMT]
United States
19
229.82
4,385
3.7
Teleflex Inc. [TFX]
United States
12
376.44
4,356
3.7
Honeywell International Inc. [HON]
United States
25
177.00
4,345
3.7
Intuit Inc. [INTU]
United States
16
261.93
4,166
3.5
Ecolab Inc. [ECL]
United States
20
192.99
3,866
3.3
VISA Inc. [V]
United States
19
187.90
3,559
3.0
Moody's Corp. [MCO]
United States
15
237.41
3,555
3.0
TransDigm Group Inc. [TDG]
United States
6
560.00
3,511
3.0
Roper Technologies Inc. [ROP]
United States
10
354.23
3,482
3.0
SAP SE ADR [SAP]
Germany
26
133.99
3,452
2.9
Fortive Corp. [FTV]
United States
45
76.39
3,425
2.9
Charles Schwab Corp. [SCHW]
United States
71
47.56
3,375
2.9
Oracle Corp. [ORCL]
United States
62
52.98
3,272
2.8
Unilever NV [UN]
Netherlands
54
57.46
3,102
2.6
First Republic Bank [FRC]
United States
25
117.45
2,941
2.5
Sensata Technologies Holding plc [ST]
United Kingdom
54
53.87
2,888
2.5
Microchip Technology Inc. [MCHP]
United States
27
104.72
2,812
2.4
Amazon.com Inc. [AMZN]
United States
2
1,847.84
2,783
2.4
U.S. Bancorp. [USB]
United States
46
59.29
2,708
2.3
Facebook Inc. [FB]
United States
13
205.25
2,602
2.2
PepsiCo Inc. [PEP]
United States
18
136.67
2,517
2.1
Comcast Corp. [CMCSA]
United States
54
44.97
2,434
2.1
Mettler-Toledo International Inc. [MTD]
United States
3
793.28
2,224
1.9
Linde plc [LIN]
Ireland
10
212.90
2,208
1.9
O'reilly Automotive Inc. [ORLY]
United States
4
438.26
1,877
1.6
Allergan plc [AGN]
Ireland
6
191.17
1,217
1.0
Carmax Inc. [KMX]
United States
13
87.67
1,114
0.9

Sector Allocation

As of 12/31/2019

Economic Sector
Strategic Growth Fund %
Russell 1000® Growth Index %
Information Technology
23.2
38.9
Financials
20.4
3.1
Industrials
15.0
9.3
Health Care
10.5
14.7
Communication Services
7.1
11.6
Consumer Discretionary
7.0
13.8
Materials
5.2
1.3
Consumer Staples
4.8
4.6
Real Estate
3.7
2.4
Energy
0.0
0.3

Sector Returns

As of 12/31/2019

Economic Sector
Strategic Growth Fund %
Russell 1000® Growth Index %
Communication Services
12.3
10.9
Health Care
12.2
16.2
Information Technology
10.7
14.4
Financials
8.9
8.9
Industrials
7.2
2.6
Real Estate
4.4
0.9
Consumer Discretionary
2.6
6.0
Materials
2.0
1.8
Cash
0.4
0.0
Energy
0.0
6.3
Consumer Staples
-1.9
3.6