Stephen Burlingame

Stephen Burlingame is a partner at Poplar Forest Capital LLC, an independent investment advisor based in Pasadena, California. At Poplar Forest, he serves as a key member of the investment team, contributing as both a portfolio manager and an equity analyst with responsibility for managing specific funds, including the Outliers Fund. His primary investment focus centers on the healthcare and industrials sectors, where he leverages deep domain expertise to generate alpha for institutional and high-net-worth clients.

With over a decade at Poplar Forest, Stephen has played an integral role in equity research, stock selection, and active portfolio management. Prior to joining Poplar Forest, his background included various analytical and investment positions, underscoring his depth in fundamental research and value-oriented strategies.

Stephen is a Chartered Financial Analyst (CFA), holding the designation since 1997, and is recognized for his analytical rigor and sector-specialist credentials. In addition to driving investment performance, he has been instrumental in developing and refining Poplar Forest's differentiated value investment approach and contributes to the firm's reputation for thoughtful, research-driven, contrarian investing in U.S. equities.