DB Fitzpatrick & Co. Inc.
DB Fitzpatrick & Co., Inc. is an independent investment management firm headquartered in Boise, Idaho. Founded in 1984, the firm is registered with the U.S. Securities and Exchange Commission and licensed with the Idaho Department of Finance. DB Fitzpatrick manages a variety of equity, balanced, fixed-income, and commercial mortgage assets primarily for institutional and individual clients. Employee count is not disclosed, but the firm is known for servicing both institutions and individuals with tailored investment strategies.
Investment Strategy
DB Fitzpatrick employs a diversified, multi-asset approach, managing equity, balanced, fixed-income, and commercial mortgage portfolios. Their strategies include individual stock selection, the use of equity ETFs, and commercial mortgage-backed securities, using established benchmarks such as the MSCI All Country World Index for equities. They emphasize prudent asset allocation, reinvestment of dividends, proprietary valuation processes for illiquid assets, and focus on both risk management and long-term returns for clients. No derivatives are used in their equity accounts, and their fixed income approach relies on model management and hypothetical market valuations for commercial loans.
Top Holdings
Equity Positions (99)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AGG | iShares Core U.S. Aggregate Bond ETF | 36.77% | $40.7M | 405,779 | $105.49 | $100.25 | -$125.3K |
V VTHR | Vanguard Russell 3000 ETF | 3.66% | $4.1M | 13,764 | $208.63 | $294.32 | +$175.2K |
V VOO | Vanguard S&P 500 ETF | 3.41% | $3.8M | 6,170 | $452.30 | $612.38 | +$413.9K |
P PWR | Quanta Services, Inc. | 2.17% | $2.4M | 5,799 | $258.87 | $414.42 | +$154.4K |
M MBB | iShares MBS ETF | 2.13% | $2.4M | 24,726 | $99.16 | $95.15 | -$17.6K |