Decision Process

Collaborative Process, Disciplined Decisions

At Stephens Investment Management Group, change is the driving force behind our decision-making process. We believe markets consistently misprice both the scale and persistence of transformational change, creating repeatable opportunities for active investors.

Our investment decisions are grounded in a disciplined, team-based process that focuses on fundamental drivers—not short-term noise—allowing us to act with conviction, navigate disruption with clarity, and capture value across both catalyst-driven and long-duration investments.

“Change is the input into our decision-making engine.”

Our decision-making structure is designed to emphasize process over personality.

Every investment decision requires unanimous agreement from the team, reinforcing discipline and eliminating ego from the process. The portfolio typically holds 40-110 positions. Our repeatable, team-driven approach allows us to balance risk and return.

Reducing Emotion, Enhancing Long-Term Compounding

The team believes this approach reduces emotional decision-making and captures long-duration compounding more effectively.

yellow arrow pointing against many dark arrows

Team and Decision-Making Structure

At Stephens Investment Management Group, all investment decisions are made unanimously through a disciplined, team-based process designed to eliminate ego and emotion. We build diversified portfolios of 40-110 positions to reduce single-stock risk and capitalize on market inefficiencies driven by transformational change.