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RS Small/Mid Cap Growth Strategy

Scott Tracy Product Detail Page Header Image

Investment Approach

The RS Investments Growth Team seeks to deliver long-term capital growth across the full breadth of market conditions and economic cycles through a disciplined, research-intensive approach that discovers and invests in dynamic, small- and mid-cap companies exhibiting sustainable earnings growth potential that can grow to mid- and large-cap companies.

Philosophy and Process

Emphasize innovation – Search for pioneering, disruptive businesses that we believe can change an industry to drive sustainable earnings growth over time.
Focus on the long term– Highlight companies that are aligned with the team’s fundamental beliefs and that rank highly on key quantitative metrics.
Manage risk– Seek an attractive risk/reward profile at the time of purchase and deploy a three-stage risk management screen on all holdings to help mitigate the negative impact of any single position.

 

Strategy assets include both discretionary and non-discretionary assets under management that are managed in a similar style.

Scott Tracy

Scott Tracy is Chief Investment Officer of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Tracy began his investment career in 1997 and has been a member of the RS Growth team since 2001. He has served as co-portfolio manager for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, he spent three years at Shoreline Investment Management, where his research focus included technology and industrial companies.

Mr. Tracy holds a B.A. in history from Trinity College and an MBA from the University of California, Berkeley. He is a CFA® charterholder.


Stephen J. Bishop

Steve Bishop is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Bishop began his investment career in 1992 and joined the RS Growth team in 1996 as a research analyst primarily covering the Information Technology sector. He has been a co-portfolio manager of the Victory RS Science and Technology Fund since 2001 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Prior to joining RS Investments, he worked as an analyst in the corporate finance department of Dean Witter Reynolds Inc.

Mr. Bishop earned a B.A. from the University of Notre Dame and an MBA from Harvard Business School.


 
Melissa Chadwick-Dunn

Melissa Chadwick-Dunn is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Chadwick-Dunn began her investment career in 1992 and joined the RS Growth team in 2001. She has been a co-portfolio manager and analyst for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, she was an equity analyst at Putnam Investments covering international small-cap stocks.

Ms. Chadwick-Dunn holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an MBA from the Wharton School of the University of Pennsylvania.

Christopher Clark

Christopher Clark is a portfolio manager on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Chris Clark has been a member of RS Growth Team since joining the firm in May 2007. Chris has been lead portfolio manager of the RS Biotechnology strategy since 2017, the Victory RS Science and Technology Fund since 2016, and a co-portfolio manager of the Victory RS Small Cap Growth Fund, Victory RS Select Growth Fund, Victory RS Mid Cap Growth Fund, Victory RS Small Cap Equity Fund, and Victory RS Growth Fund since 2014 and an analyst since 2007.

Before joining the firm in 2007, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a BA in economics from the University of Virginia. Chris is a CFA Charterholder.

 

Investment Approach

The RS Investments Growth Team seeks to deliver long-term capital growth across the full breadth of market conditions and economic cycles through a disciplined, research-intensive approach that discovers and invests in dynamic, small- and mid-cap companies exhibiting sustainable earnings growth potential that can grow to mid- and large-cap companies.

Philosophy and Process

Emphasize innovation – Search for pioneering, disruptive businesses that we believe can change an industry to drive sustainable earnings growth over time.
Focus on the long term– Highlight companies that are aligned with the team’s fundamental beliefs and that rank highly on key quantitative metrics.
Manage risk– Seek an attractive risk/reward profile at the time of purchase and deploy a three-stage risk management screen on all holdings to help mitigate the negative impact of any single position.

 

Strategy assets include both discretionary and non-discretionary assets under management that are managed in a similar style.

Stephen J. Bishop

Portfolio Manager, RS Growth

Steve Bishop is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Mr. Bishop began his investment career in 1992 and joined the RS Growth team in 1996 as a research analyst primarily covering the Information Technology sector. He has been a co-portfolio manager of the Victory RS Science and Technology Fund since 2001 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Prior to joining RS Investments, he worked as an analyst in the corporate finance department of Dean Witter Reynolds Inc.

Mr. Bishop earned a B.A. from the University of Notre Dame and an MBA from Harvard Business School.


 

Melissa Chadwick-Dunn

Portfolio Manager, RS Growth

Melissa Chadwick-Dunn is a portfolio manager for RS Investments and member of the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Ms. Chadwick-Dunn began her investment career in 1992 and joined the RS Growth team in 2001. She has been a co-portfolio manager and analyst for the Victory RS Small Cap Growth Fund and Victory RS Select Growth Fund since 2007 and subsequently assumed co-portfolio manager roles for several additional RS growth funds. Previously, she was an equity analyst at Putnam Investments covering international small-cap stocks.

Ms. Chadwick-Dunn holds a B.A. in economics and an M.A. in international relations from the University of Chicago and an MBA from the Wharton School of the University of Pennsylvania.

Christopher Clark, CFA

Portfolio Manager, RS Growth

Christopher Clark is a portfolio manager on the RS Growth team. RS Investments was acquired by Victory Capital in July 2016 and is a Victory Capital investment franchise.

Chris Clark has been a member of RS Growth Team since joining the firm in May 2007. Chris has been lead portfolio manager of the RS Biotechnology strategy since 2017, the Victory RS Science and Technology Fund since 2016, and a co-portfolio manager of the Victory RS Small Cap Growth Fund, Victory RS Select Growth Fund, Victory RS Mid Cap Growth Fund, Victory RS Small Cap Equity Fund, and Victory RS Growth Fund since 2014 and an analyst since 2007.

Before joining the firm in 2007, he was a research associate at TIAA-CREF for three years, where he focused on global portfolio management and the health care sector. Prior to that he was a research assistant at Dresdner RCM Global Investors for three years. Chris holds a BA in economics from the University of Virginia. Chris is a CFA Charterholder.