Long/Short Equity

Long/Short Equity

Investment Objective

Absolute return consistent with reasonable risk to principal.

We seek to create and consistently maintain a strategy with favorable attributes relative to the benchmark index utilizing unique stock ranking models for each sector, downside risk screens and leading industry group indicators. This strategy is managed to a net equity exposure of about 30%.

For information on the mutual fund, click here.

Key Tenets of Our Approach

Key 1

Proprietary, multi-factor stock selection buy and sell models for each sector

Key 2

Downside risk screens (e.g. earnings surprise indicators, quality of earnings)

Key 3

Leading industry group indicators, integrating top-down and bottom-up metrics

Universe

Russell 3000 Index

Benchmark

Russell 3000 Index
70% FTSE 3 Month Tbill/30% Russell 3000 Index

Operating Target

Typically 80-140 long holdings
Typically 60-120 short holdings
Existing long position maximum: 2% for any security
Existing short position maximum: -2% for any security
Targets a net equity exposure of about 30%
No leverage

Constraints

Sector: +/– 3% vs. the benchmark
Industry: +/– 2% vs. the benchmark

Vehicles

Separately Managed Accounts
Mutual Funds

The Russell 3000 Index is an unmanaged, market value weighted index, which measures total return performance of the 3,000 companies that are largest in the market.

The FTSE 3 Month US T Bill Index Series is intended to track the daily performance of 3 month US Treasury bills. The indexes are designed to operate as a reference rate for a series of funds. One cannot invest directly in an index.

This website is for informational purposes only. GIM products are actively managed, and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.

Fact Sheet

Learn More

Commentary

Learn More

For information on the mutual fund, click here.

Fact Sheet

Commentary

This website is for informational purposes only and is not a solicitation for any product or service. GIM products are actively managed and their characteristics will vary. All investment has risk, including the risk of loss of principal. There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful. An investor should consider investment objectives, risks, charges and expenses carefully before investing.

As of 6/30/25

QTD

YTD

1 Year

3 Year

5 Year

10 Year

Since Inception

Inception Date

Long/Short Equity (gross)

3.63 %

5.03 %

11.52 %

10.11 %

10.88 %

5.86 %

4.68 %

11/30/2006

Long/Short Equity (net)

3.32 %

4.38 %

10.16 %

8.76 %

9.52 %

4.56 %

3.39 %

11/30/2006

Russell 3000 Index

10.99 %

5.75 %

15.30 %

19.08 %

15.96 %

12.96 %

10.22 %

11/30/2006

70 FTSE 3-Month U.S. T-Bill/ 30 Russell 3000

1.09 %

2.21 %

4.88 %

4.75 %

2.88 %

2.01 %

1.48 %

11/30/2006

Long/Short Equity (gross)

As of 6/30/25

QTD

3.63 %

YTD

5.03 %

1 Year

11.52 %

3 Year

10.11 %

5 Year

10.88 %

10 Year

5.86 %

Since Inception

4.68 %

Inception Date

11/30/2006

Long/Short Equity (net)

As of 6/30/25

QTD

3.32 %

YTD

4.38 %

1 Year

10.16 %

3 Year

8.76 %

5 Year

9.52 %

10 Year

4.56 %

Since Inception

3.39 %

Inception Date

11/30/2006

Russell 3000 Index

As of 6/30/25

QTD

10.99 %

YTD

5.75 %

1 Year

15.30 %

3 Year

19.08 %

5 Year

15.96 %

10 Year

12.96 %

Since Inception

10.22 %

Inception Date

11/30/2006

70 FTSE 3-Month U.S. T-Bill/ 30 Russell 3000

As of 6/30/25

QTD

1.09 %

YTD

2.21 %

1 Year

4.88 %

3 Year

4.75 %

5 Year

2.88 %

10 Year

2.01 %

Since Inception

1.48 %

Inception Date

11/30/2006

For mutual fund performance, click here.

The Russell 3000 Index is an unmanaged, market value weighted index, which measures total return performance of the 3,000 companies that are largest in the market.

Performance quoted is past performance and is not a guarantee of future results. Products have fees that reduce their performance, indexes do not.

Investors cannot invest directly in an index.

Glenmede Investment Management, LP claims compliance with the Global Investment Performance Standards (GIPS®).

GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.

Glenmede Investment Management, LP, a registered Investment Advisor, is an affiliate of the Glenmede Trust Company, NA (GTC). The “Firm” is defined as all investment advisory accounts managed by Glenmede Investment Management LP. Effective January 1, 2007, the Investment Product Management Group of GTC became Glenmede Investment Management, LP. All performance prior to January 1, 2007, shown here as the performance of GIM, was previously reported as the performance of the Investment Product Management Group of the Glenmede Trust Company.

All of the composites’ valuations and returns are computed and stated in U.S. Dollars. Net numbers are net of max allowable management fee for this strategy. Additional information regarding the Company’s policies for valuing portfolios, calculating performance and preparing compliant presentations, is available upon request. A GIPS® compliant presentation, as well as a complete list of firm composites and performance, can be requested from GIM Client Service at 215.419.6662. Please see the GIPS® presentation for further explanation.