Uncommon Value

Applying a quantamental investment approach, we aim to deliver exceptional returns over full market cycles. We value time, not timing and believe that formulating the right questions leads to meaningful answers.

What We Do

Princeton Value Partners (PVP) is an SEC Registered, independent asset management firm focused on generating value-driven insights and nurturing partnerships with select institutions and accredited investors.

We strive to construct global equity portfolios with high active share and low turnover that deliver superior returns through a value framework augmented by quantitative tools.

Investment Approach

We employ a methodical, disciplined, and repeatable process, utilizing proprietary quantitative tools to aid in identifying companies experiencing near-term disruptions which are misunderstood by the market.

Our Process

Screen – Broad universe of eligible stocks. Process company historical data through SHaPE (Stock History and Projection Engine), our proprietary quantitative screening tool that projects mid-cycle, Normal EPS for each company. Segment investable universe into quintiles using Price to Normal (P/N) earnings framework. Investigate the cheapest quintile.	Screen – Broad universe of eligible stocks. Process company historical data through SHaPE (Stock History and Projection Engine), our proprietary quantitative screening tool that projects mid-cycle, Normal EPS for each company. Segment investable universe into quintiles using Price to Normal (P/N) earnings framework. Investigate the cheapest quintile.
Assess & Filter – Preliminary examination eliminates most candidates. Pose initial round of questions and develop assumptions. Analyze industry and competitive environment. Review corporate strategy, disclosures, and M&A activity. Refine Normal EPS estimates.	Assess & Filter – Preliminary examination eliminates most candidates. Pose initial round of questions and develop assumptions. Analyze industry and competitive environment. Review corporate strategy, disclosures, and M&A activity. Refine Normal EPS estimates.
Final Review – Deep dive identifies investable candidates. Construct proprietary financial models. Conduct due diligence with management teams and industry experts. Appraise quality, risk, and ESG characteristics. Finalize Normal EPS estimates.	Final Review – Deep dive identifies investable candidates. Construct proprietary financial models. Conduct due diligence with management teams and industry experts. Appraise quality, risk, and ESG characteristics. Finalize Normal EPS estimates.

PVP believes that the long-term normalized earnings power of a company must include careful consideration of Environmental, Social, and Governance (ESG) attributes. This analysis is an essential complement to our traditional measures of valuation for security selection. A holistic approach incorporating ESG parameters is our preferred method to build portfolios that recognize responsible investing.

Investment Funds

PVP Focused Value Fund

Focused Value is a sector-agnostic portfolio of 25 US large cap equities selected using a P/N framework with an emphasis on business quality.

Fact Sheet

Disclosures

Investments are in the cheapest quintile of P/N.
Positions are generally established at a 4% weight at inception and entirely replace an outgoing position.
No single sector exceeds 25% of the portfolio.
No single position exceeds 10% of the portfolio.

PVP Diversified Value Fund

Diversified Value is an index-aware portfolio that includes our Focused Value holdings plus a selection of 15-25 incremental large cap equities also selected using a P/N framework with an emphasis on business quality.

Fact Sheet

Disclosures

Investments are in the cheapest quintile of P/N.
Certain holdings may exhibit asymmetric risk/reward profiles which we counterbalance with reduced position size.
Positions are generally established at a 1-3% weight at inception.
Sector weights track the Russell 1000 Value within a range of ±4%.
No single position exceeds 8% of the portfolio.

All PVP Strategies are offered as Separately Managed Accounts (SMA) and Commingled Funds.

Our Edge

Experience & Diversity

With backgrounds in finance, academics, engineering, and government, our team brings a variety of perspectives and decades of cumulative experience investing in capital markets on behalf of large public and private institutions.

Risk Management

We are guided by the avoidance of permanent loss of capital for long-term investors. Key risk controls center on maximum position sizes and sector weights with careful considerations given to business sustainability, balance sheet strength, and capital allocation.

In-Depth Research

Deep fundamental research is at the heart of PVP’s investment process informing our decisions and execution. Valuation is measured using a systematic P/N earnings framework.

Thoughtful Contrarianism

We believe in the power and value of contrarian thought. Intellectual humility, flexibility, and imagination are key criteria of our process and critical to our long-term success.

Emphasis On Quality

Quality is the sum of objective and subjective measures supported by historical evidence and data. We avoid opacity, unproven business models, and earnings streams that face structural impairment.

Tax Efficiency

We value time, not timing, and feel that patience is required for a company’s value to be fully realized. As such, we emphasize a long investment horizon allowing for greater tax efficiency.

Princeton Value Partners is an independent asset management firm delivering value investment insights and partnership for select institutions and qualified investors.

Invest With Us

PVP is independent and owned by its employees. We invest alongside our clients to ensure an alignment of interests and goals. We strive to build long-term partnerships based on trust, transparency, and shared success. Our overriding goal is to exceed expectations in both investment performance and client service.

Our Partners

Princeton Value Partners has partnered with industry leaders to build and maintain a robust operational infrastructure.