Headquartered in San Ramon, California, Alcosta Capital Management, Inc. functions as a financial advisory firm overseeing a total of $134.7 million in assets across 134 client accounts. With its modest team, the firm holds a mid-tier position among financial advisory firms in the country in terms of assets under management (AUM). The firm adopts a discretionary approach to manage all client accounts, signifying that portfolio managers make transaction decisions without the explicit consent of clients. On average, Alcosta Capital Management, Inc. oversees $1 million in assets per account. Alcosta Capital Management, Inc. specializes in providing financial planning services and portfolio management for individuals and/or small businesses. The firm employs a fee structure based on a percentage of assets under management.
Erick Ormsby, serving as the President and Founder of Alcosta Capital Management, boasts a distinguished career as a securities analyst and portfolio manager, accumulating over 30 years of valuable investment expertise. Notably, he authored The Alcosta Growth Report, a monthly investment publication acknowledged for its excellence on a national scale by the Hulbert Financial Digest—an independent rating service and division of MarketWatch, Inc. Erick's extensive financial services background includes roles as a securities analyst and a member of the portfolio management team at Insight Capital Research and Management. Additionally, he served as a registered financial consultant at Merrill Lynch.
Alcosta Capital Management's portfolio exhibits diversification across six sectors, with the Technology sector currently holding the highest weight at 43.8% of the total portfolio value. The fund primarily directs its investments towards the United States, with 80.6% of the portfolio companies being based in the country. The majority of companies within the fund's portfolio fall under the category of large-cap stocks, constituting 81% of the total holdings value and having a market capitalization exceeding $10 billion. Conversely, small-cap stocks make up only 3.2% of the portfolio. The average market capitalization of the portfolio companies approximates $330 billion.
