For over 4 decades, Donald Smith & Co. has focused on one thing — providing institutional clients with a disciplined, differentiated, and process-driven approach to deep value equity investing.
Our firm founder Donald Smith who passed in 2019 and Richard Greenberg worked together for nearly 4 decades, building and refining our process-driven approach to investing in stocks selling at deep discounts to tangible book value. Now Richard Greenberg and Jon Hartsel lead the firm, supported by a team of investment analysts and business professionals with extensive industry experience.
We offer separately managed accounts in All Cap, Large, Mid, Small, Micro Cap and Global Value Composites. The composites are all managed within the same time-tested investment framework and process by the same team.
Our process begins with a quantitative screening to identify stocks trading in the lowest decile of the market by price-to-tangible-book-value. Within this universe, we conduct intensive fundamental research to identify the stocks with the greatest potential for outperformance.