Clarkston Fund Institutional Class
CILGX
NASDAQ- -
USD
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- -
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
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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
- 1290 Broadway, Suite 1000 Denver CO United States of America 80203
- IPO Date
- Apr 1, 2016
- CIK
- 0001558107
- Website
- clarkstonfunds.com
- Similar Companies
- Business
- Clarkston Fund Institutional Class (CILGX) is a non-diversified open-end mutual fund that seeks long-term capital appreciation by investing primarily in U.S.-traded equity securities of large-market capitalization companies undervalued relative to their expected long-term free cash flows, employing a Quality Value investment philosophy; the fund targets high-quality issuers exhibiting favorable profitability metrics, sustainable competitive advantages, and capable management teams, with a portfolio typically concentrated in a relatively small number of holdings across sectors such as consumer defensive, financial services, healthcare, and technology. Core offerings include Institutional Class shares (ticker: CILGX, CUSIP: 02110A662, inception April 1, 2016) with a net expense ratio of 0.70% (contractually limited to 0.55% through January 31, 2026, exclusive of certain expenses), minimum initial investment of $10,000, and daily NAV pricing; the fund maintains total net assets of approximately $185 million, with top holdings including Clarivate PLC, Post Holdings Inc., US Foods Holding Corp., Anheuser-Busch InBev SA, and Affiliated Managers Group Inc., representing about 28% of the portfolio as of recent data. Managed by Clarkston Capital Partners, LLC, a Michigan-based SEC-registered investment adviser founded in 2007 with principals Jeffrey Hakala and Gerald Hakala since fund inception, the fund operates from administrative offices linked to ALPS Distributors, Inc. in Denver, Colorado, and is available for sale in the United States. Recent performance highlights include a 18.94% return for the fiscal year ended September 30, 2024 (versus 35.68% for the Russell 1000 Index and 35.19% for the Russell 3000 Index), followed by a -2.42% return for the six months ended March 31, 2025; portfolio turnover remains low at 23%, with no material fund changes, auditor disagreements, or significant strategic shifts reported during these periods. Clarkston Capital Partners, LLC, the fund's adviser, disclosed portfolio adjustments in late 2024 and 2025, including a new $91.7 million position in LKQ Corporation (Q4 2024), increases in shares of Illinois Tool Works (IT) and Amazon.com (AMZN), and reductions in Diageo (DGE) and Berkshire Hathaway (BRK.A) as of Q3 2025 filings, reflecting ongoing active management without announced partnerships, acquisitions, funding rounds, or new product launches for the fund itself. The fund benchmarks against the Russell 1000 and Russell 3000 Indexes, categorizes within the Mid-Cap Value Morningstar segment despite its large-cap focus, and emphasizes U.S. equities (78.73% allocation) with minor non-U.S. exposure (11.46%), cash (9.81%), and no fixed income.