Foundry Partners All Cap Value Philosophy

We believe that positive performance can be achieved by investing in statistically cheap, undervalued stocks for which there is a positive catalyst; in a nutshell, “good value” and “good news”.

Contrarianism pays: Because stocks of companies, whose recent results have been poor, are consistently underpriced; investing in low-expectations, out-of-favor, statistically cheap stocks is the first step in a winning strategy.

Statistical cheapness is necessary but not sufficient: To distinguish between stocks that are merely cheap and those that are truly undervalued, the successful contrarian investor employs risk-aware valuation disciplines that are grounded in long-term fundamental analysis.

Value traps can be avoided with patience: Statistically cheap, undervalued stocks can stay that way for a long time. The best value-managers side-step value traps by waiting until investor sentiment ceases to deteriorate and a positive catalyst is on the horizon. Catalysts can come in many forms: new product, new management, merger/acquisition, restructuring, and regulatory change to name a few examples.

Meet Our Team


Mary Jane Matts, CFA
Partner
Portfolio Manager & Investment Analyst

  • Started in the industry in 1987
  • Started with Foundry Partners in 2013
  • Previously with Fifth Third Asset Management in a similar capacity
  • B.A. in Economics from Kenyon College
  • MBA from Case Western Reserve University

Ted Y. Moore, CFA

Ted Y. Moore, CFA
Partner
Portfolio Manager & Investment Analyst

  • Started in the industry in 1997
  • Started with Foundry Partners in 2013
  • Previously with Fifth Third Asset Management in a similar capacity
  • B.A. in History from Williams College
  • MBA from Indiana University

Graham P. Harkins, CFA

Graham Harkins, CFA
Partner
Portfolio Manager & Investment Analys

  • Started in the industry in 2012
  • Started with Foundry Partners in 2019
  • Previously with Mellon Capital as a member of the Equity Index Team
  • Graduated from Gettysburg College with a double major in Economics and History

Eric J. Holmes, CFA

Eric J. Holmes, CFA
Partner
Portfolio Manager & Investment Analyst

  • Started in the industry in 1994
  • Started with Foundry Partners in 2013
  • Previously with Fifth Third Asset Management in a similar capacity
  • B.A. in Economics from the State University of New York at Geneseo
  • MBA from the Rochester Institute of Technology

Craig P. Nedbalski, CFA

Craig P. Nedbalski, CFA
Partner
Portfolio Manager & Investment Analyst

  • Started in the industry in 1995
  • Started with Foundry Partners in 2013
  • Previously with Fifth Third Asset Management in a similar capacity
  • B.B.A. in Finance from Cleveland State University
  • MBA from Baldwin-Wallace College

Michael K. Barr, CFA

Michael K. Barr, CFA
Partner
Portfolio Manager & Investment Analyst

  • Started in the industry in 1987
  • Started with Foundry Partners in 2013
  • Previously with Fifth Third Asset Management in a similar capacity
  • B.S.B.A. in Finance from the University of Missouri