Interactive Advisors · investment strategy
by Interactive Advisors
Crabtree Small Cap Growth is a cross-sector long-only investment strategy. It seeks to outperform the Russell 2000 Growth Index. The strategy seeks to invest in companies that consistently meet three criteria that Barry calls the Crabtree Attributes, laid out below. Potential investments must: a) consistently generate cash, b) hold on to or increase their market share, and c) do so while executing on their operational and financial plans.
Description from Interactive Advisors
of the return and risk figures:as the source publishes them
What $10,000 would have become, from the strategy's own published history, against the S&P 500 over the same dates. The basis is labelled.
Each rule is quoted word for word from the strategy's own documents.
“typically owns 40 positions”
“maintaining or increasing their market share”
“consistently generate cash”
“rebalanced roughly every six months”
“Equity securities (exchange-listed, certain OTC, ADRs) and ETFs”
“but will invest in US traded stocks and American Depositary Receipts”
“small cap companies are companies with market capitalizations between $100 million and $3 billion”
“each position making up roughly 2.50% of the portfolio”
No published holdings for this strategy.
Fitted to 252 returns (live) from 2025-10-30 to 2026-10-16. An estimate, not holdings: it can't name stocks.
· : 0.76 · Too loose a fit for a verdict; shown as a guide.
Beta to the S&P 500: 0.99 (90%: 0.82 to 1.12)
Compares the stated rules with the holdings (or, where none are published, a mix estimated from returns), using tests fixed before any results were seen.
No holdings on file, so nothing to test.
Strategies that share its Fundamental research label, from other sources first, strongest risk-adjusted return first.
Composer Technologies · Composer
How much of what we look for this strategy has, and why anything is missing. Fields that don't apply to it aren't counted.
2 missing
Rebalance schedule taken from a stated rule.
The text the rules are quoted from, with where it came from.
0.25%-0.75% annual; IA retains 0.25%, remainder paid to the Portfolio Manager; fee negotiated between IA and the manager
Equity securities (exchange-listed, certain OTC, ADRs) and ETFs; Portfolio Managers cannot use leverage/margin
To be selected, managers are screened (e.g. AUM, own money in the strategy), fill in a questionnaire on portfolio construction, risk control and strategy guidelines, share historical trade data, and pass a live test period during which clients cannot invest. Managers license their trade data and have no discretion over client accounts. IA receives no compensation from managers and does not pay them for referrals.
Risk score 1-5 assigned by IA; reevaluated at least annually
Not available (TLH only for the Asset Allocation Portfolio)
Crabtree Small Cap Growth is a cross-sector long-only investment strategy. It seeks to outperform the Russell 2000 Growth Index. The strategy seeks to invest in companies that consistently meet three criteria that Barry calls the Crabtree Attributes, laid out below. Potential investments must: a) consistently generate cash, b) hold on to or increase their market share, and c) do so while executing on their operational and financial plans.
Crabtree Asset Management invests in growing technology companies. Barry Randall is the firm's founder and chief investment officer. He has more than 20 years of professional investing experience. Barry spent five years as a technology stock analyst and 10 more years managing mutual funds that focused on small-cap and technology stocks. He has experience managing mutual funds and separately managed accounts as large as $650 million. Prior to earning his MBA in 1993, he spent six years as a professional computer programmer. Barry earned a Wall Street Journal 'Category King' award for his co-management of a small cap mutual fund in 2006. As of December 2024, Morningstar rated the Crabtree Small-Cap Growth composite, of which the Crabtree Small Cap Growth strategy offered at Interactive Advisors is a component, as having Five Stars for 3-Year, 5-Year, 10-year and Overall performance. Barry has been quoted regularly in Forbes, US News & World Report, TheStreet.com and E-Commerce Times. He has appeared on CNBC, Bloomberg TV and Fox Business News. Crabtree Asset Management LLC was founded in 2008 and is headquartered in Saint Paul, Minnesota.
Capital growth plus with a more complex portfolio or higher risk profile than broad equity markets. Investing in equities and concentrated portfolios and prepared to accept fluctuation in portfolio value.
The Crabtree Small Cap Growth portfolio typically owns 40 positions with each position making up roughly 2.50% of the portfolio.
Barry’s investing style starts with a disciplined process that helps him find companies with the Crabtree Attributes. He personally believes that a portfolio of companies with these attributes can generate positive, risk-adjusted returns. He seeks to build a broad base of knowledge about all small capitalization companies, instead of knowing 'everything' about just a handful of companies. This portfolio will not invest in Exchange Traded Funds (“ETFs”), but will invest in US traded stocks and American Depositary Receipts (“ADRs”). ADRs are receipts of shares of foreign companies that trade on the US stock market. Barry regularly scans the universe of public small cap companies for possible investment ideas. For purposes of this portfolio, small cap companies are companies with market capitalizations between $100 million and $3 billion. Barry searches for small cap companies that consistently generate cash, are maintaining or increasing their market share and are executing on their operational and financial plans.
Barry reserves 10% of the portfolio for companies he believes possess the Crabtree Attributes but were not spotted by his screening process. Companies not caught by the screen may have recently gone public or spun off from another company, or carry a premium valuation because of a potentially superior business model.
Barry has used the same screens for over 19 years to find his potential investments. His screening process measures cash flow, changes in market share and looks for signs of business model execution. Stocks that he thinks possess the Crabtree Attributes are subject to additional fundamental analysis. The Crabtree Small Cap Growth portfolio is rebalanced roughly every six months using this unbiased, disciplined process.
The main reason stocks held in the portfolio are sold is because Barry believes they no longer possess the Crabtree Attributes. In that case, the company is sold as part of the rebalancing process, regardless of its stock price or price direction.
Every value on file, each labelled with its calculation basis and as-of date.
| Asset classes / instruments | equities | 2026-10-09 | |
| Composition (ETFs / Stocks / Mixed) | STOCKS | 2026-10-09 | |
| ESG / responsible flag | No | 2026-10-09 | |
| Smart beta flag | No | 2026-10-09 | |
| Theme keywords (Interactive Advisors) | ADRs, Fundamental analysis, Small-cap | 2026-10-09 |
| Rebalancing (methodology text) | rebalanced roughly every six months | 2026-10-09 |
| Management / advisory fee | 0.75% | 2026-10-09 | |
| Minimum investment | $1,000 | 2026-10-09 |
| Metrics calculated through | 2026-10-09 | 2026-10-09 |
| Program in the firm's Form ADV brochure | url: https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024287 · name: Interactive Advisors Third-Party Manager Co-Trading · covers: 20 · source_key: interactive_advisors|0 · original_name: Manager Portfolios |
| Benchmark (methodology text) | It seeks to outperform the Russell 2000 Growth Index. | 2026-10-09 |
| Annualized return since inception (Lighthorse, daily, live) | 16.52% | 2026-10-16 | |
| Calendar-year returns (live account) | 2017: 29.1% · 2018: -6.4% · 2019: 21.6% · 2020: 23.6% · 2021: 27.5% · 2022: -18.2% · 2023: 30.8% · 2024: 32.4% · 2025: 13.3% | 2026-10-09 | |
| Return since inception (annualized) (live account) | 16.70% | 2026-10-09 | |
| Return since inception (cumulative) (live account) | 409.90% | 2026-10-09 | |
| Return vs the source's benchmark, last 365 days (Lighthorse, daily, live) | 11.69% | 2026-10-16 | |
| Return, last 30 days (live account) | -1.90% | 2026-10-09 | |
| Return, last 365 days (Lighthorse, daily, live) | 15.03% | 2026-10-16 | |
| Return, last 365 days (live account) | 15.50% | 2026-10-09 | |
| Return, last 5 years (cumulative) (live account) | 99.60% | 2026-10-09 | |
| Return, last 90 days (live account) | -6.90% | 2026-10-09 | |
| Return, year to date (live account) | 17.00% | 2026-10-09 |
| Beta vs the source's benchmark, last 365 days (Lighthorse, daily, live) | 0.65 | 2026-10-16 | |
| Maximum drawdown since inception (Lighthorse, daily, live) | -34.09% | 2026-10-16 | |
| Maximum drawdown, last 365 days (Lighthorse, daily, live) | -11.53% | 2026-10-16 | |
| Maximum drawdown, last 365 days (live account) | -11.50% | 2026-10-09 | |
| Sharpe ratio since inception (Lighthorse, daily, live) | 0.69 | 2026-10-16 | |
| Sharpe ratio, last 365 days (Lighthorse, daily, live) | 0.66 | 2026-10-16 | |
| Sharpe ratio, last 365 days (live account) | 0.70 | 2026-10-09 | |
| Sortino ratio, last 365 days (Lighthorse, daily, live) | 0.99 | 2026-10-16 | |
| Sortino ratio, last 365 days (live account) | 1.25 | 2026-10-09 | |
| Value-at-risk 95% 1-week, last 365 days (live account) | -4.10% | 2026-10-09 | |
| Volatility since inception (Lighthorse, daily, live) | 21.38% | 2026-10-16 | |
| Volatility, last 365 days (Lighthorse, daily, live) | 17.09% | 2026-10-16 | |
| Volatility, last 365 days (live account) | 17.60% | 2026-10-09 |
| Risk label (Interactive Advisors) | Growth plus | 2026-10-09 | |
| Risk score 1-5 (Interactive Advisors) | 3 | 2026-10-09 | |
| Risk score description | Capital growth plus with a more complex portfolio or higher risk profile than broad equity markets. Investing in equities and concentrated portfolios and prepared to accept fluctuation in portfolio value. | 2026-10-09 |
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