Top 10 Stock Picks of Joe Milano’s Greenhouse Funds
In this article, we examined Joe Milano’s portfolio management strategy and approach to investing in stocks. We also reviewed the top 10 stock picks of Joe Milano’s Greenhouse Funds.
Greenhouse Funds, founded by Joseph Milano in June 2013, is a Maryland-based hedge fund manager. The firm primarily employs a fundamental long/short investment strategy, complemented by various relative value measures. In March 2014, Robert Baird & Co. acquired a minority stake in Greenhouse Funds, enhancing its investment capabilities and strategic partnerships.
Joe Milano is a renowned stock picker with a career-long track record of outperforming the S&P 500 by approximately 2% annually. After earning his BA from Duke University in 1994, he joined T. Rowe Price, where he managed the $4 billion New America Growth Fund from 2002 to May 2013, achieving an average annual return of 9.15%. In June 2013, Milano founded Subadvisor and currently serves as the portfolio manager of Greenhouse Funds LP. His investment strategy focuses on acquiring stakes in undervalued small-cap companies with strong management teams.
Greenhouse Funds LLP is a hedge fund managing $1.94 billion in discretioGreenhouse Funds LLLP is a hedge fund managing discretionary assets of $1,939,736,000, as reported in their Form ADV dated March 27, 2024. For Q1 2024, their last reported 13F filing included $1,655,866,526 in managed 13F securities, with a top 10 holdings concentration of 46.49%. The fund's largest holding is Cadre Holdings Inc., with 2,583,563 shares.
