Equity Quant-Driven Strategy
22 North
Objective
Driven by machine learning and using factors identified by portfolio managers, 22 North seeks to generate persistent, uncorrelated alpha for investors in the strategy.
Overview
22 North uses machine learning for predictive purposes. Algorithms look for patterns in macro, fundamental, technical, sentiment, and factors data among various other datasets. The process is marked by large datasets, nimbleness, rules-based decisions, and human oversight. Portfolio managers and machine rules constantly evolve and adapt to the market feedback loop, with portfolio construction incorporating risk factors and volatility of machine learning outputs.
Portfolio Managers
Characteristics
Number of Positions: 50-75
Maximum Position Size: 10% at time of purchase
Universe: Russell 3000 (with market cap filter >$750m)
Maximum International Exposure: N/A
Market Cap Restrictions: > $750m market cap
Benchmark: Russell 3000 Total return Index