Basic Value Screen
Select holdings using PE, PB, P/FCF, and EV/EBITDA, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.
AI Summary
Higher-return value screen with concentrated stock bets, but weaker risk-adjusted results and deep drawdowns versus SPY.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| FCNC.A | First Citizens BancShares, Inc. | Financials | 12.87% | +8.84 |
| DLTR | Dollar Tree, Inc. | Consumer Staples | 10.66% | +7.32 |
| AXS | AXIS Capital Holdings Limited | Financials | 8.95% | +6.14 |
| CCK | Crown Holdings, Inc. | Materials | 7.85% | +5.38 |
| EVRG | Evergy, Inc. | Utilities | 7.63% | +5.24 |
| UHAL | U-Haul Holding Company | Industrials | 7.06% | +4.85 |
| RRX | Regal Rexnord Corporation | Industrials | 6.70% | +4.60 |
| ADEA | Adeia Inc. | Information Technology | 6.49% | +4.45 |
| TFX | Teleflex Incorporated | Health Care | 5.96% | +4.09 |
| LPLA | LPL Financial Holdings Inc. | Financials | 5.92% | +4.06 |
| VFC | V.F. Corporation | Consumer Discretionary | 4.92% | +3.38 |
| VICI | VICI Properties Inc. | Real Estate | 4.85% | +3.33 |
| SUI | Sun Communities, Inc. | Real Estate | 4.81% | +3.30 |
| PVH | PVH Corp. | Consumer Discretionary | 3.39% | +2.33 |
| BBY | Best Buy Co., Inc. | Consumer Discretionary | 1.93% | +1.32 |
Sector Exposure
- Financials27.74%
- Industrials13.76%
- Consumer Staples10.66%
- Consumer Discretionary10.24%
- Real Estate9.66%
- Materials7.85%
- Utilities7.63%
- Information Technology6.49%
Weight Changes
Notable position adjustments in the latest snapshot.
- FCNC.AFirst Citizens BancShares, Inc.12.87% (+8.84)
- DLTRDollar Tree, Inc.10.66% (+7.32)
- AXSAXIS Capital Holdings Limited8.95% (+6.14)
- CCKCrown Holdings, Inc.7.85% (+5.38)
- EVRGEvergy, Inc.7.63% (+5.24)
- UHALU-Haul Holding Company7.06% (+4.85)
- RRXRegal Rexnord Corporation6.70% (+4.60)
- ADEAAdeia Inc.6.49% (+4.45)
- TFXTeleflex Incorporated5.96% (+4.09)
- LPLALPL Financial Holdings Inc.5.92% (+4.06)
- VFCV.F. Corporation4.92% (+3.38)
- VICIVICI Properties Inc.4.85% (+3.33)
- SUISun Communities, Inc.4.81% (+3.30)
- PVHPVH Corp.3.39% (+2.33)
- BBYBest Buy Co., Inc.1.93% (+1.32)
Performance vs Benchmark
Strategy NAV vs benchmark — hover for exact values.
Alpha Trend
Excess return vs benchmark over time.
Drawdown Trend
Underwater curve and peak drawdown marker.
Turnover Trend
Per-period turnover with average reference.
Strategy Comparison
All four default strategies side-by-side.
| Strategy | Annualized | Alpha | Sharpe | Max DD |
|---|---|---|---|---|
| Baseline | 6.98% | -0.62% | 0.64 | -26.88% |
| Momentum Screen | 8.37% | -3.24% | 0.49 | -44.28% |
| Basic Value Screen | 9.73% | -3.31% | 0.51 | -56.65% |
| Combo Equal Screen | 30.52% | 14.35% | 0.93 | -53.76% |
vs Baseline: Annualized +2.75 · Alpha -2.68 · Sharpe -0.13
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2023-03-31 | 6.53% | 7.90% | -1.37 | 82.55 | 21 |
| 2023-06-30 | -12.43% | -1.77% | -10.66 | 31.39 | 17 |
| 2023-09-30 | 12.14% | 10.11% | +2.03 | 42.84 | 19 |
| 2023-12-31 | 6.79% | 4.96% | +1.82 | 61.90 | 20 |
| 2024-03-31 | 2.51% | 2.31% | +0.20 | 28.57 | 17 |
| 2024-06-30 | 4.95% | 9.83% | -4.88 | 42.67 | 19 |
| 2024-09-30 | -3.47% | 2.76% | -6.23 | 51.87 | 18 |
| 2024-12-31 | 3.81% | -3.63% | +7.44 | 33.10 | 15 |
| 2025-03-31 | 1.89% | 9.22% | -7.33 | 35.23 | 17 |
| 2025-06-30 | -5.68% | 4.20% | -9.88 | 28.09 | 15 |
| 2025-09-30 | 17.17% | 1.46% | +15.71 | 40.78 | 16 |
| 2025-12-31 | -0.44% | 9.57% | -10.01 | 40.82 | 17 |
Strategy Q&A
Pre-generated questions and answers about this strategy.
- value13FChat AI
Did the value screen reduce concentration or simply rotate into another concentrated bet?
The selected value book has top 5 47.96%, top 10 80.09%, top 20 99.99%, versus baseline top 5 16.72%, top 10 29.95%, top 20 51.84%. Its largest positions are FCNC.A (First Citizens BancShares, Inc.) 12.87%, DLTR (Dollar Tree, Inc.) 10.66%, AXS (AXIS Capital Holdings Limited) 8.95%, and CCK (Crown Holdings, Inc.) 7.85%, so concentration risk still needs to be reviewed even if the names look cheaper.
strategyViews.basic-value-screen.concentrationstrategyViews.baseline.concentration↳ Compare value-screen top weights with baseline top weights and identify the largest reallocations.
- value13FChat AI
Are the selected value names mean-reversion opportunities or possible value traps?
Recent period evidence is mixed by design: the strongest period was 2025-09-30 (17.17% strategy return, 1.46% benchmark, 15.71% excess, 40.78% turnover), and the weakest was 2023-06-30 (-12.43% strategy return, -1.77% benchmark, -10.66% excess, 31.39% turnover). With turnover around 56.87% and latest changes of FCNC.A increase to 12.87%; DLTR increase to 10.66%; AXS increase to 8.95%, the user should verify whether each selected name has improving fundamentals, not just a low multiple.
strategyViews.basic-value-screen.periodPerformancestrategyViews.basic-value-screen.latestChanges↳ Identify whether each selected value name has improving fundamentals or only a low valuation multiple.
- value13FChat AI
Which names did the value screen keep for Meridian Fund, Inc. - Meridian Contrarian Fund, and what makes the result different from baseline?
The value screen currently keeps FCNC.A (First Citizens BancShares, Inc.) 12.87%, DLTR (Dollar Tree, Inc.) 10.66%, AXS (AXIS Capital Holdings Limited) 8.95%, CCK (Crown Holdings, Inc.) 7.85%, and EVRG (Evergy, Inc.) 7.63%. It still overlaps the baseline through AXS, CCK, DLTR, EVRG, FCNC.A, and reshapes sector exposure toward Financials 27.74%, Industrials 13.76%, and Consumer Staples 10.66%. This should be read as a valuation-sensitive subset of the disclosed universe, not as a full replacement for the original mandate.
strategyViews.basic-value-screen.topHoldingsstrategyViews.basic-value-screen.sectorWeights↳ Compare value-screen holdings with baseline holdings by valuation, sector, and weight change.
Other strategies for this fund
Baseline
Track disclosed holdings with the standard reporting lag and no active reweighting.
Momentum Screen
Select holdings by historically observable momentum, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.
Combo Equal Screen
Filter for large-cap, quality, and low-leverage holdings, rank by composite quality/value/size score, keep the top 20 names, and equal-weight the selected names.