News & Our Thinking

News & Our Thinking
Quarterly Investment Commentary

Quarterly Attribution Commentaries

02 May 2023

Despite the bank drama culminating in the failure of Silicon Valley and Signature Bank, the first quarter of 2023 was positive for stocks. This was particularly true for large caps led by strength in mega cap technology companies. Argent strategies were mixed to start the year. The Argent Large Cap and Dividend strategies both trailed their benchmarks while Argent Mid Cap, SMID, and Focused Small Cap all outperformed their benchmarks net of fees.

Large Cap Growth Attribution

Russell 1000 Growth

S&P 500

Dividend Select Attribution

Russell 1000 Value

Mid Cap Attribution

Russell Midcap

SMID Cap Attribution

Russell 2500

Focused Small Cap Attribution

Russell 2000