Argent Focused Small Cap ETF
ALIL
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 S. Brentwood Blvd., Suite 110 St. Louis United States of America 63105
- IPO Date
- Apr 9, 2025
- Website
- argentetfs.com
- Similar Companies
- Business
- Argent Focused Small Cap ETF (ALIL) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities, including common stocks and American Depositary Receipts, of small-capitalization companies identified as high-quality, enduring businesses; these businesses are characterized by growing cash flows with predictable revenue streams and positive free cash flow generation, durable competitive positions with above-average returns on capital and sustainable models, and wise capital allocation by management through shareholder-aligned practices such as reinvestments, acquisitions, share repurchases, and dividends, supported by investment-grade balance sheets. The fund employs a rigorous bottom-up fundamental research process starting with a universe of approximately 2,000 smallest U.S. publicly traded stocks screened for liquidity and quantitative factors like quality, value, growth, and stability, resulting in a highly concentrated portfolio of 35-45 holdings with high active share and low turnover; positions typically begin at 1-3% weights and cap at around 8%, with sector allocations emerging organically and valuation assessed multidimensionally for balanced risk-reward. Under normal circumstances, at least 80% of net assets plus borrowings for investment purposes are invested in small-cap companies, defined as the approximately 2,000 smallest by market capitalization, targeting outperformance over full market cycles relative to benchmarks like the Russell 2000 Index. The ETF, part of the Argent ETFs family managed by sub-adviser Argent Capital Management LLC with investment adviser Empowered Funds LLC (dba ETF Architect), trades on Nasdaq with a net expense ratio of 0.74% and assets under management of approximately $58 million as of mid-2025; it targets institutional and retail investors seeking small-cap equity exposure with a focus on enduring businesses across industries, though certain sectors may be overweighted based on opportunities. Launched as an ETF on April 8, 2025 following the conversion of a predecessor separately managed account that commenced operations on December 9, 2022, the fund reflects performance history adjusted for its fees and standardized methodologies, delivering 14.43% annualized returns before taxes for 2024 and 17.81% since the predecessor's inception through year-end 2024; a recent operational change effective October 20, 2025, involved PINE Distributors LLC replacing Quasar Distributors LLC as the fund's principal distributor. Portfolio management is led by Peter Roy, CFA, with 26 years of experience, overseeing a strategy with 42 holdings as of June 30, 2025, including top positions like Victory Capital Holdings Inc. (4.2%), Colliers International Group Inc. (4.0%), and Houlihan Lokey Inc. (4.0%). The funds maintain a headquarters address at 100 South Brentwood Boulevard, Suite 110, Clayton (St. Louis), Missouri 63105, with operations centered in the U.S. equity markets.