Greg Alexander - Conifer Management Investment Strategy (Sep 30, 2025)


As of Sep 30, 2025, the Conifer Management portfolio managed by Greg Alexander demonstrates a sophisticated investment approach with 11 positions and an average holding period of 821 quarters. The strategy focuses on Consumer Cyclical, Financial Services, Industrials, Real Estate, Technology sectors with a typical position size of 14.6% of the portfolio.


The portfolio's risk management approach includes a maximum position size of 14.63% and sector diversification of 5%, exemplified by the case study of GROUP 1 AUTOMOTIVE INC (GPI). This strategic framework provides insights into Greg Alexander's investment philosophy, risk management practices, and long-term value creation approach.

Investment Strategy Metrics

Key metrics revealing investment style, risk management, and performance characteristics

MetricValueCategoryDescription
Holding Period2.2 yearsStyleAverage duration positions are maintained
Position Count11StyleNumber of active positions in portfolio
Position Size14.6%RiskTypical allocation per position
Win Rate57.8%PerformancePercentage of profitable positions
Average Return7.9%PerformanceMean return across positions
Sharpe Ratio0.20PerformanceReturn per unit of risk taken

Investment Case Study: GROUP 1 AUTOMOTIVE INC (GPI)

12/31/2022 - 12/26/2025

Performance Metrics

Total Return: 295.75%

Holding Period: 1091 days

Max Position Size: $168,981,087.00

Position Weight: 11.98%

Key Events

12/31/2022: ENTRY(131,547.00 shares) @ $180.37
3/31/2023: INCREASE(109,136.00 shares) @ $226.42
6/30/2023: INCREASE(259,317.00 shares) @ $258.10
12/31/2023: INCREASE(27,424.00 shares) @ $304.74
6/30/2024: INCREASE(41,000.00 shares) @ $297.28

Investment Thesis

Entry Context: Initial position established based on fundamental analysis

Sector Conditions: Favorable market conditions in the sector

Risk Factors:
  • Market volatility
  • Sector-specific risks

Key Learnings

  • Position sizing is critical for portfolio management
  • Important to monitor sector exposure

Sector Allocations