STANSBERRY ASSET MANAGEMENT, LLC

Stansberry Asset Management, LLC is a registered investment advisory firm headquartered in Baltimore, Maryland, providing discretionary portfolio management services to individual investors seeking implementation of investment strategies aligned with the Stansberry Research investment philosophy. The firm operates as the asset management arm connected to the broader Stansberry Research organization, one of the largest independent financial research publishers in the United States. Filing with the SEC under CIK #0001725910, Stansberry Asset Management maintains quarterly 13F disclosures documenting its U.S. equity holdings and providing transparency into portfolio construction. The firm operates under the leadership of Austin Root, who serves as Chief Investment Officer directing investment strategy and portfolio management decisions. Matt Weinschenk contributes as Director of Research, overseeing the analytical process that informs security selection. Brett Aitken serves as Managing Director, providing operational and business leadership. This structure connects professional portfolio management with the extensive research infrastructure and investment philosophy developed through the affiliated Stansberry Research organization. The platform's 13F archive enables researchers to examine the firm's disclosed positions across market cycles, providing insight into how published research perspectives translate into actual portfolio implementation.

Stansberry Asset Management employs a value-oriented investment philosophy with income and contrarian elements, reflecting the investment approach developed through decades of Stansberry Research publications. The firm's strategy emphasizes fundamental analysis, margin of safety considerations, and identification of undervalued securities where market prices diverge from intrinsic business value. This methodology prioritizes capital preservation alongside appreciation potential, seeking asymmetric risk-reward opportunities in securities overlooked or misunderstood by broader markets. 13F Portfolio Composition analysis reveals diversified exposure across sectors with meaningful allocations toward financials, energy, and consumer-oriented holdings where the firm has demonstrated recurring conviction. The financial sector emphasis reflects opportunities in banking, insurance, and asset management companies trading at reasonable valuations relative to tangible book value and earnings power. Energy allocations capture positions in exploration, production, and infrastructure companies benefiting from structural supply-demand dynamics. Consumer holdings provide exposure to brands and businesses with durable competitive advantages. Sector Allocation History tracking demonstrates how strategic positioning has evolved in response to changing value opportunities across market sectors. The contrarian element of the philosophy suggests willingness to invest in out-of-favor sectors or securities where pessimism creates attractive entry points. Top 10 Holdings Concentration metrics reveal conviction levels in highest-confidence ideas, with the value orientation favoring meaningful position sizes in deeply researched holdings. Portfolio turnover appears low to moderate, consistent with a patient investment philosophy that allows value recognition to unfold over extended holding periods rather than seeking rapid trading profits.

Stansberry Asset Management, LLC represents a Baltimore-based wealth advisory practice implementing value-oriented investment strategies connected to the Stansberry Research investment philosophy. The firm's 13F filings document a diversified approach emphasizing financials, energy, and consumer sectors with value, income, and contrarian characteristics designed to identify undervalued opportunities with margin of safety. The Root-Weinschenk-Aitken leadership team provides professional portfolio management that translates research-driven investment perspectives into implemented portfolios. The connection to Stansberry Research's extensive publication infrastructure provides unusual transparency into investment rationale and philosophy. Annualized Return (CAGR) calculations applied to reconstructed portfolio holdings enable researchers to assess value strategy compounding behavior across varying market environments. Sharpe Ratio analysis provides risk-adjusted context for evaluating the efficiency of the contrarian-value approach relative to benchmark alternatives. The platform's backtesting capabilities facilitate simulation of how disclosed positions would have performed, enabling comparison against diversified index strategies. Historical Track Record analysis across the firm's filing history offers perspective on how value-contrarian positioning has navigated the significant factor rotations between growth and value regimes experienced in recent years. Alpha Generation vs S&P 500 examination reveals security selection and sector allocation contribution to returns. Key analytical question: How has the firm's value-contrarian philosophy navigated the extended growth outperformance period and subsequent value recovery, and does the disclosed energy and financial sector positioning reflect long-term structural conviction or tactical response to relative value opportunities created by sector dislocations?

The risk characteristics of Stansberry Asset Management's disclosed holdings align with a value-contrarian investment mandate emphasizing margin of safety and downside protection. The emphasis on undervalued securities with tangible asset backing typically provides fundamental support during market stress, though contrarian positioning can introduce tracking error relative to momentum-driven market environments. Volatility Profile measurements derived from disclosed holdings reflect the diversified sector exposure with value orientation characteristics. The energy sector allocation introduces commodity price sensitivity and sector-specific volatility that can amplify portfolio movements during energy market dislocations. Financial sector exposure carries sensitivity to credit cycles, interest rate movements, and regulatory developments. These sector concentrations represent deliberate value-driven positioning rather than inadvertent risk accumulation. Max Drawdown Depth analysis across historical 13F filings illuminates how the portfolio has navigated past market dislocations including the 2020 pandemic selloff and 2022 correction. Downside Capture Ratio examination provides insight into the portfolio's defensive characteristics during equity market corrections, with value-oriented strategies typically demonstrating different drawdown patterns than growth-focused approaches. The contrarian philosophy may result in periods of underperformance during momentum-driven markets before potential catch-up during value regime recovery. The connection to Stansberry Research's publishing business provides transparency into investment rationale through ongoing commentary and analysis, enabling clients to understand positioning logic.