Matrix Asset Advisors Inc/ny
Matrix Asset Advisors, Inc. is a 100% employee-owned, value-driven asset management firm based in White Plains, NY, founded in 1986 by CIO David A. Katz, CFA. The firm manages investments for individuals, families, endowments, foundations, and retirement plans, offering equity, fixed income, and comprehensive wealth management solutions. As of March 2022, Matrix managed $971 million in assets. The firm is recognized for its deep commitment to fundamental research, client focus, and long-term value investing philosophy. Their team has key professionals with decades of experience, and partners have substantial assets invested alongside clients.
Investment Strategy
Matrix Asset Advisors employs a long-only, bottom-up, value-oriented investment strategy grounded in the principles of Graham and Dodd. The firm runs high-conviction portfolios of 25-40 positions, primarily comprising financially strong, large- and mid-cap U.S. companies with low annual turnover. Matrix seeks to identify high-quality businesses at compelling valuations created by temporary mispricings, relying on rigorous quantitative and qualitative analysis. Their approach avoids chasing the statistically cheapest stocks in favor of structurally sound companies led by superior management. In addition to U.S. equities, Matrix offers fixed income and diversified wealth management, including ESG overlays.
Top Holdings
Equity Positions (106)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 6.82% | $73.5M | 141,930 | $40.99 | $517.95 | +$2.8M |
J JPM | JPMORGAN CHASE & CO. | 4.06% | $43.8M | 138,783 | $47.22 | $315.43 | +$3.4M |
M MS | MORGAN STANLEY | 3.96% | $42.7M | 268,428 | $64.00 | $158.96 | +$4.7M |
G GOOG | ALPHABET INC | 3.63% | $39.1M | 160,604 | $44.06 | $243.55 | +$10.1M |
P PNC | PNC FINL SVCS GROUP INC | 3.55% | $38.3M | 190,412 | $139.85 | $200.93 | +$2.8M |