Domestic Growth Strategies


The growth investment team emphasizes fundamental, bottom-up research to discover small/mid cap and mid-cap companies that have stronger growth and more favorable industry dynamics and competitive positioning than their peers.

Contact Todd Haschker for more information at 414-298-7362.

Baird MidCap Growth Strategy

Portfolio Managers:

Chuck Severson, CFA
Kenneth Hemauer, CFA

Inception Date: 6/30/1993

Portfolio Construction

  • A concentrated portfolio of generally 50–60 stocks
  • A majority of market cap range from $2 billion to $15 billion
  • The average position is 1%–3%, not to exceed 5%
  • Sector weights 75%–125% relative to the benchmark, generally limited to 30% of portfolio

Baird Small/Mid Cap Growth Strategy

Portfolio Managers:

Jonathan Good, MBA

Inception Date: 9/30/2015

Portfolio Construction

  • Concentrated portfolio of generally 60-70 stocks
  • Market cap range typically between $500 million to $12 billion
  • The average position is 1%-3%, not to exceed 5%
  • Sector weights 75%-125% relative to the benchmark

Domestic Value Strategies


Baird’s value investment team uses bottom-up research to find small to small/mid cap companies they expect to exceed street expectations and that trade at discounts to our proprietary calculations of fair value. To help control risks, the portfolio is generally diversified among companies in a broad range of industries and economic sectors.

Contact Rob Zwiebel for more information at 502-797-3760.

Baird Small Cap Value

Portfolio Managers:

Michelle E. Stevens, CFA, MBA

Inception Date: 3/1/2005

Portfolio Construction

  • A concentrated portfolio of generally 40–50 stocks
  • A market cap range typically from $100 million to $2.5 billion at purchase
  • Top holdings generally limited to 5% at cost, 8% at market
  • Sectors capped at 30% excluding financials a buy-and-hold approach

Baird Small/Mid Cap Growth Strategy

Portfolio Managers:

Michelle E. Stevens, CFA, MBA

Inception Date: 1/1/2000

Portfolio Construction

  • A concentrated portfolio of generally 40–50 stocks
  • A market cap range typically from $300 million to $10 billion at purchase
  • Top holdings generally limited to 5% at cost, 8% at market
  • Sectors capped at 30% excluding financials and buy-and-hold approach

International & Global Growth Strategies


Chautauqua’s investment team builds portfolios of high-quality large-cap companies that employ better governance and disclosure, more conservative accounting, less financial leverage, and “best-in-class” management. In addition to generating high risk-adjusted returns, the approach createsupside market participation and downside protection.

Contact David Lubchenco for more information at 303-247-8462.

Chautauqua International Growth

Portfolio Managers:

Chautauqua Capital Management

Inception Date: 1/1/2006

Portfolio Construction

  • Concentrated portfolio of generally 35-45 stocks
  • Positions are typically 1-6% at the time of purchase
  • Market caps typically in excess of $4 billion at the time of purchase
  • Sector weights limited to 50% of portfolio

Chautauqua Global Growth

Portfolio Managers:

Chautauqua Capital Management

Inception Date: 1/1/2007

Portfolio Construction

  • Concentrated portfolio of generally 35-45 stocks
  • Positions are typically 1-6% at the time of purchase
  • Market caps typically in excess of $4 billion at the time of purchase
  • Sector weights limited to 50% of portfolio