Our Story


Davenport Asset Management is a boutique money manager with more than $5 billion in assets under management.  
 
  • Inception in 1984 to offer our employee Profit Sharing Plan strategy to clients.
  • Strong ownership culture with 100% employee ownership.
  • Personal service and access to decision makers are paramount to quality relationships.

WHAT MAKES US DIFFERENT
 
Experience
  • More than 30 years as an active money manager give us a true historical perspective.
  • Our Portfolio Managers average 30 years of Davenport tenure.
Stability
  • Consistent investment discipline coupled with risk management is paramount to successful investing.
  • A long-term perspective is invaluable to our investment process.
Partnership
  • Investing alongside our clients is the foundation of Davenport Asset Management.
  • Davenport’s Profit Sharing Plan is invested exclusively in our strategies.
Independence  
  • Davenport is 100% employee owned.
  • Our commitment to independence allows us to remain solely focused on meeting the needs of our clients and putting their interests first.

OUR INVESTMENT PHILOSOPHY

We are long-term investors. We believe a consistent investment discipline combined with risk management leads to outperformance over a complete market cycle with lower volatility.
 
  • Bottom-up research—rigorous fundamental and qualitative analysis.
  • Straightforward approach emphasizing superior business models and quality management teams.
  • Approaching each investment as if we are going to be co-owners of the business.
  • Measuring performance over years, not quarters or months.