Pricing

CIM INVESTMENT MANAGEMENT INC

0 followers ยท
PITTSBURGH PA Investment Advisor Hedge Fund
13F Summary

Subscription Required

Equal-WT
WhaleScore 2.0 ?

85

S&P 500
WhaleScore ?

Subscription Required

Equal-WT
WhaleScore 1.0 ?

CIM Investment Management is based out of Pittsburgh. CIM Investment Management is a registered investment advisory firm Their last reported 13F filing for Q4 2024 included $341,595,853 in managed 13F securities and a top 10 holdings concentration of 49.52%. CIM Investment Management's largest holding is iShares Core S&P 500 ETF with shares held of 129,416. Whalewisdom has at least 100 13F filings
Business Description
Commonwealth Investment Management (CIM) is an SEC-registered investment advisor based in Pittsburgh, Pennsylvania, founded in 1994. The firm is organized as a Subchapter S-corporation under Pennsylvania law and has been providing investment advisory services since its inception. Andrew C. Fisher is the principal owner of CIM. The firm offers balanced, equity, and fixed-income investment management services to a broad range of clientele, utilizing a diversified, risk-managed investment approach. CIM provides both discretionary and non-discretionary investment management services, tailoring them to specific investment policies and guidelines. Their services cater to municipal pension plans, Taft-Hartley plans, corporate pension and profit-sharing plans, trusts, estates, foundations, charitable plans, not-for-profit entities, other types of funds and portfolios and insurance company funds. The minimum account size is $1.0 Million, but CIM may accept smaller accounts at its discretion. Their analysis includes fundamental analysis, studying financial performance, management strength, and industry outlook to assess the future prospects of debt and equity securities.
Investment Strategy
CIM employs several investment strategies, including equity management, fixed-income management, and balanced account management. For equity portfolios, the goal is to outperform a defined benchmark by constructing risk-managed portfolios with companies exhibiting good growth prospects at reasonable valuations. This involves staying fully invested, diversifying across sectors and industries, and selecting companies that offer growth at a reasonable value. Fixed-income management aims to add value by balancing credit and interest-rate risk against total return potential, utilizing both top-down macro-economic analysis and bottom-up credit assessment. The balanced account product combines stocks and bonds based on the client's asset allocation policy, which specifies the minimum and maximum percentage of the portfolio allowed in different asset classes. The asset allocation is actively managed based on an assessment of relative value between equities and fixed income, as well as a macro-economic analysis of the global economy. The equity portion typically includes large-cap stocks, but may also include mid-cap, small-cap, and international equity exposure, potentially through ETFs. The fixed income portion is invested in individual bonds.
Owners
  • FISHER, ANDREW, CLAYTON - PRESIDENT
  • SMALLS, ANTOINE, LAMONT - CHIEF COMPLIANCE OFFICER
  • SALAMONE, JUSTIN, ROBERT - SENIOR VICE PRESIDENT
  • Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)

2024-12-31

Top Buys (13F)

2024-12-31

Top Sells (13F)

2024-12-31

13F Holdings Summary

Name $ Change
IVV iShares Core S&P 500 22.3%
IJH iShares Core S&P Mid 5.28%
NVDA NVIDIA Corp 4.32%
IJR iShares Core S&P Sma 3.69%
AAPL Apple Inc 3.56%

2024-12-31

13F Activity

Market Value $342m, Prior: $338m
Inflows (Outflows) as % of Total MV +0.2202%
New Purchases 6 stocks
Added To 80 stocks
Sold out of 11 stocks
Reduced holdings in 87 stocks
Top 10 Holdings % 49.52%
Turnover %[1] 6.54%
Turnover Alt %[2] 1.31%
Time Held Top 20 27.8 quarters
Time Held Top 10 31.3 quarters
Time Held All 19.38 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-12-31

13F Sector Allocation Over Time

limited to past 4 quarters. Subscribe to see all available data

2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance