Wasatch Core Growth Institutional
WIGRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Salt Lake City, UT 84111 Salt Lake City UT United States of America 84111
- IPO Date
- Jan 31, 2012
- CIK
- 0000806633
- Website
- wasatchglobal.com
- Similar Companies
- Business
- Wasatch Core Growth Institutional (WIGRX) is an open-end mutual fund managed by Wasatch Global Investors that seeks long-term growth of capital, with income as a secondary objective. The fund primarily invests in equity securities of smaller U.S. growing companies at reasonable prices, targeting those with market capitalizations under $7 billion at purchase; it maintains a portfolio of approximately 40-60 positions focused on firms exhibiting strong financials, defensible business models, and industry-leading management teams capable of delivering superior earnings growth across economic cycles. Key sectors include technology, industrials, financial services, healthcare, and consumer cyclical, with top holdings such as HealthEquity Inc., RBC Bearings Inc., Valvoline Inc., Guidewire Software Inc., and Trex Co Inc.; up to 20% of assets may be allocated to non-U.S. equities or other securities. Wasatch Global Investors, the fund's adviser, is a 100% employee-owned investment manager founded in 1975 and headquartered at 505 Wakara Way, Salt Lake City, Utah. The firm specializes in active small- and mid-cap equity strategies across U.S. and international markets, emphasizing bottom-up research and collaboration to identify high-quality growth opportunities. WIGRX, launched on January 31, 2012, for the institutional share class, operates within the small growth category and is available to U.S. investors with a minimum initial investment of $100,000; it features a net expense ratio of 1.05-1.06% and a portfolio turnover of around 33%. In a significant operational change, the fund closed to many new investors effective April 30, 2024, limiting purchases to those made directly through Wasatch Global Investors or select established relationships to protect existing shareholders, while maintaining its Morningstar Gold Medalist Rating. The management team includes veteran portfolio manager Paul Lambert (since 2005), Michael Valentine (since 2017), and Kipling Weisel (since January 2025). As of late 2025, total net assets exceed $4.5 billion, reflecting sustained institutional demand within the U.S. small-cap growth segment.