2008 First Quarter Review and Outlook
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Holdings Disclosure
Our current holdings change from time to time based on the investment strategy and market conditions. The securities mentioned do not represent all the securities purchased, sold or recommended during the quarter and one should not assume they will be profitable in the future.
Osprey Concentrated Large Cap Value Equity Fund
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About Us
Osprey Partners was founded in 1998 by a group of dedicated professionals known for its singular focus on traditional value investing. Strict adherence to our value investment philosophy and the investment team’s commitment to intensive fundamental research are hallmarks of our firm.
Osprey's Managing Partners and Principals, who average over 29 years investment experience, have joint responsibility for research, portfolio management, and client service. Client communication is open and ongoing.
Osprey Partners had $0.9 billion in total assets under management as of March 31, 2008.
Value Philosophy
We are traditional value investors. By focusing on financially strong companies with low p/e ratios and significant operating cash flow we seek to take calculated risks when our proprietary research gives us the opportunity to invest at a significant discount to what we believe to be the ultimate worth of a business. By concentrating our investments in our best ideas we are able to provide consistently successful investment results over time.
Commitment to Independent Research
At Osprey Partners we believe in independence of thought and rely on our experienced research team for individual investment ideas, not on Wall Street or other outside research sources. We find attractive investment opportunities by utilizing a disciplined and consistent quantitative and qualitative process for conducting intensive fundamental research on individual companies.
Client Communications
Client communications are proactive and ongoing. We utilize a team approach to client communications and service with investment and client service professionals available to answer client questions and attend client review meetings. Portfolios are managed with a strict adherence to client guidelines and restrictions.