Global Equity


Every client’s needs are different, but ultimate goal the same: to achieve the best performance possible. The global equity strategy seeks to find a balance between each client’s investing profile and our views of market trends to achieve that goal.


At Mitchell Capital Management, we do our own research and our portfolio managers are directly involved in the security selection process. We do not outsource to a separate analyst team, the people our clients meet do the research daily. It is because of this that we can more fully connect our clients needs with the products we offer.

Among other aspects, we use each client’s return objectives, risk profile, time horizon, tax situation, legal status, and liquidity condition alongside our market views when proposing a constantly evolving asset allocation framework.

Our market views form the top of the top-down analysis structure and result from a daily monitoring of relevant data, from interest rate forecasts to consumer spending habits.

In addition to meeting a necessary level of diversification, the global strategy captures the maximum amount of value we provide.

We invest in all market cap sizes as this allows us to take advantage of inefficiencies across the full market. Given our high convictions, we typically run a concentrated portfolio that is more heavily weighted to those companies identified as having larger upside.

We complement our intensive use of fundamental analysis by implementing technical analysis to optimize our entry and exit points. Because market conditions are constantly changing and companies will fall in and out of favor, we monitor holdings on a daily basis in effort to preempt any weakness in the portfolio.


Jonn Wullschleger, CFA

Rob Day

Miles Green, CFA
Grant LacKamp,CAIA

Other Equity Strategies

Fixed Income Strategies

Global Equity Strategy: June 30, 2023

Top Ten Domestic Holdings

PositionAllocation %
Apple Inc6.2
Microsoft Corp.6.0
Alphabet Inc – CL – C3.8 Inc2.9
NVIDIA Corp2.5
JPMorgan Chase & Co.2.1
Berkshire Hathaway Inc1.7
UnitedHealth Group Inc1.7
Cinemark Holdings Inc1.7
Eli Lilly & Co1.6

Top Ten International Holdings

PositionAllocation %
AON Plc-Class A0.7
ON Holding Ag-Class A0.7
BHP Groud Ltd-Spon Adr0.7
Shell Plc-Adr0.7
Linde Plc0.7
Taiwan SemiConductor-Sp Adr0.6
Schneider Elect Se-Unsp Adr0.6
Novo-Nordisk A/S-Spons Adr0.6
Diageo Plc-Sponsored Adr0.6
Accenture Plc-Cl A0.6

‏‏‎ ‎The information above is intended solely to provide insight into how the manager analyzes securities, and are not a recommendation for any particular security or strategy. There is no assurance securities will remain in the portfolio or that they were or will be profitable. This is a list of top ten holdings based on a percent of the total and is not a full list of securities.

Strategy Characteristics

Forward Price to Earnings (P/E) Ratio23.5x
Free Cash Flow Yield2.6%
Net Debt to EBITDA0.42x
Median Market Cap ($Billion)94.8

Sector Weightings

SectorPortfolio %
Information Technology23.4
Health Care12.9
Consumer Discretionary11.5
Communication Services6.6
Consumer Staples5.8
Real Estate1.3

About Mitchell Capital Management

Mitchell Capital Management (MCM) was founded in 1987 and is an SEC Registered Investment Advisor. The firm manages portfolios and provides investment solutions for an array of investors nationwide, including individuals, foundations, union pension plans, retirement plans, endowments and associations. MCM has always been employee owned and intends to stay that way. Our fiduciary culture means our clients are the first priority in each decision we make.