Celebrating over

40 Years of Growth

A rules-based strategy
that has stood the test of time

Using our time-tested core philosophy developed over four decades, Running Oak Capital is focused on outperforming the S&P 500 over a full economic cycle with less downside risk. We apply a multi-factor, rules-based approach that overcomes the limitations of human judgement and delivers strong risk-adjusted returns by focusing on quality growth companies that are undervalued by the market.

Ultimately, we endeavor to achieve outcomes that our clients can rely on across all market cycles.

An approach honed
over 40+ years

Running Oak is founded upon the proven Efficient Growth strategy, pioneered by our Portfolio Manager, Gary Cogswell:

*As of December 31st, 2019.

A dynamic team
with accomplished track records

Veteran Leadership
backed by a prominent board

Running Oak is led by accomplished investment professionals who bring deep experience acquired in prominent roles across the asset management industry. Our management team is supported by a distinguished Advisory Board and top-tier outsourced services.

Management

Leading operational, sales and marketing support

  • Palmetto Advisory Group

    Due diligence and marketing firm, founded in 2008.

  • Whitestone Global

    Highly skilled professionals creating freedom to innovate and implement unique investment philosophies.

  • Orion Advisor Solutions

    Best-in-class software partner enabling Running Oak to provide exceptional service for a large number of clients

  • ACA Compliance Group

    GIPS compliance verification and investment performance services

  • Encore Group

    Professional compliance consulting

  • Brightflow Technologies

    Managed IT and cyber security

Advisory Board

Driving success through valuable expertise and networks

Running Oak’s overall business and investment strategies are validated by an eminent Advisory Board, whose members provide thorough knowledge of markets, differentiated perspectives and access to far-reaching networks of key contacts.

  • Pete Vorbrich

    Brings 25+ years’ experience in private operational, investment and legal aspects

    • Former CFO of CarVal, a $10 billion+ private equity firm
  • Christopher Vogt

    Oversees $5 billion+ in equity investments and brings a strong institutional perspective

    • Director of Equity Strategies at the Margaret A. Cargill Philanthropies
  • Ben Marks

    Provides crucial wealth-advisory perspectives as self-made architect of a $1 billion+ enterprise

    • Founder and CIO of Marks Group Wealth Management, a Minneapolis-based RIA

A disciplined, repeatable approach - applied through all markets

Driven by our proven Efficient Growth equity management style, Running Oak's strategy is designed with a specific outcome in mind: to outperform the S&P 500 over a full economic cycle and do so with meaningfully less risk.

Our disciplined rules-based approach does not rely on human discretion and objectively manages volatility and captures opportunities. Executed with consistency since the 1980s, our time-tested strategy offers investors a repeatable wealth-accumulation strategy and peace of mind through all markets.

Our beliefs are founded on three simple, dependable economic principles:

Higher returns. Lower risk. Less taxes. 

  • Efficient Growth I Portfolio

    Multi-factor, rules-based equity portfolio, built to outperform the S&P 500 Index over a full economic cycle with meaningfully less risk.

    Available in separately managed accounts, offering full transparency, daily liquidity, lower expenses and greater control over taxes.

    Currently Available on these platforms: Schwab, TD, Envestnet, RBC, Interactive Brokers, Securities America, Cetera, Royal Alliance, Sage Point, Woodbury, and others

Efficient Growth:
Uncommon outperformance since inception

  • As of August 31, Efficient Growth had outperformed the S&P 500 Total Return Index and S&P 500 Equal Weight Index by 0.12% and 1.69%, respectively, annualized and gross of fees.*
  • Despite its universe trading at a twice-in-42-year discount and a historically poor environment for a disciplined, risk-focused strategy, Efficient Growth has still outperformed.* While unprofitable meme stocks might matter in the short run, risk, valuations, and debt matter over the long run,
  • Efficient Growth has provided 41% more return than the S&P 500 Equal Weight Index, given the same level of downside risk, gross of fees (Ulcer Performance Index).*
1 Month3 Months1 Year3 YearSince Inception
Efficient Growth, Gross1.43%4.60%32.81%16.82%15.96%
Efficient Growth, Net1.39%4.47%32.17%16.29%15.41%
S&P 500 Equal Weight2.38%3.85%42.70%15.82%14.27%
S&P 500 Total Return3.04%7.95%31.17%18.08%15.84%
> DOWNLOAD FACTSHEET

* Since inception: as of August 31, 2021.
Net performance reflects a management fee of 0.5%, the starting fee for investment advisory clients.
Past performance is not necessarily indicative of future results.

A rules-based strategy
that has stood the test of time

Insights

To view Running Oak's quarterly newsletters and other insights, please click below.

  • 01/14/2021

    ROC Efficient Growth Performance Update Nov 2020

    > DOWNLOAD
  • 01/14/2021

    ROC Efficient Growth Performance Update Sep 2020

    > DOWNLOAD
  • 10/01/2019

    ROC EG Portfolio Commentary

    > DOWNLOAD
  • 09/30/2019

    ROC RIA Sep 2019 Update

    > DOWNLOAD
  • 08/31/2019

    ROC RIA August 2019 Update

    > DOWNLOAD
  • 06/30/2019

    ROC RIA June 2019 Update

    > DOWNLOAD
  • 05/31/2019

    ROC RIA May 2019 Update

    > DOWNLOAD
  • 04/30/2019

    ROC RIA April 2019 Update

    > DOWNLOAD
  • 12/31/2018

    ROC RIA 2018 Year-End Update

    > DOWNLOAD

For more information on Running Oak, please contact us.

[email protected]

4519 West 56th St
Edina, MN
55424

    Privacy Policy

    Running Oak Capital LLC
    Privacy Notice

    Running Oak Capital LLC Privacy Notice

    Running Oak Capital LLC (“Running Oak,” “we,” “us,” or “our”) is committed to maintaining the privacy of its former, current and prospective clients and investors (“Investors”, “you” or “your”). This Privacy Notice is provided by Running Oak and on behalf of the private investment funds for which Running Oak or its affiliates serve as general partner or director (the "Funds"). This Privacy Notice sets forth a summary of the Funds’ and our policies with respect to collecting, sharing and protecting nonpublic personal information (“private information”) of consumers (“Investors”). We are providing you this Privacy Notice to help you better understand why and how we collect certain private information, the care with which we treat that information, and how we use that information.


    Sources of Private Information

    Running Oak collects private information regarding Investors, such as an Investor’s address, social security number, assets, transaction history, and/or income information. In connection with managing your account and operating the Funds, we collect and maintain private information about Investors from the following sources:

    • Information we receive from you in voicemails, through written correspondence, via email, on investment advisory agreements, on subscription agreements, on questionnaires, or on other forms or contracts;
    • Information about your account transactions and/or transactions with the Funds, such as account balances, amounts contributed and distributed and your Fund capital account balance; and
    • Information obtained from meetings and telephone conversations with you.

    Running Oak also may collect Investors’ private information from other sources, such as affiliates.


    Disclosure of Information

    Running Oak is committed to protecting your privacy and maintaining the confidentiality and security of your private information. We do not disclose any private information about you to anyone, except as permitted by law or regulation. We only disclose private information we receive from you (i) to third parties if it is necessary or appropriate for the effective management and administration of your account and/or the Fund(s) in which you invest, (ii) to service providers (but only to the extent permitted by law), (iii) with your consent or as directed by you, and (iv) as required by law. These disclosures include ones made to:

    • Financial service providers, such as broker-dealers, placement agents, custodians, banks and others used to facilitate transactions for the Funds;
    • Other service providers, such as legal, accounting or tax preparation services; and
    • Transfer agents, portfolio companies, brokerage firms and the like, in connection with Fund distributions.

    We note, however, that notwithstanding the foregoing, we reserve the right to disclose private information about Investors to any person or entity, including without limitation any governmental agency, regulatory authority or self-regulatory organization having jurisdiction over us or our affiliates, if (i) we determine in our discretion that such disclosure is necessary or advisable pursuant to or in connection with any United States federal, state, local, or non-U.S., law, rule, regulation, executive order or policy, including without limitation, any anti-money laundering law and the PATRIOT Act and (ii) such disclosure is not otherwise prohibited by law, rule, regulation, executive order or policy.
    Running Oak may disclose Investor private information for its own marketing purposes, such as to offer products and services. Further, Running Oak may disclose information about Investor transactions to its affiliates for such affiliates’ everyday business purposes. Investors cannot limit these types of sharing.

    Former Investors

    We maintain private information provided by former Investors and apply the same policies to them that apply to current Investors.


    Information Security

    To protect the private information of Investors, we permit access only by authorized employees who need access to the information to provide services to us and Investors. In order to guard Investors’ private information, we maintain physical, electronic and procedural safeguards to protect the private information that we have obtained from you.


    Further Information

    We reserve the right to change our privacy policies and this Privacy Notice at any time. The examples contained within this Privacy Notice are illustrations only and are not intended to be exclusive. This Privacy Notice is not intended to be incorporated in any investment advisory agreement or Fund offering materials, and is merely a statement of Running Oak’s current policies with respect to collecting, sharing and protecting private information.

    This Privacy Notice is intended to comply with the privacy provisions of applicable U.S. federal law. You may have additional rights under other foreign or domestic laws that may apply to you.

    We encourage you to discuss any questions you may have regarding this Privacy Notice with Running Oak’s Chief Compliance Officer who can be reached at (952) 582-6116.
    Privacy Notice Dated: May 2019

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