ABOUT SPEAR
SPEAR is an SEC registered asset manager specializing in investments in industrial and industrial technology supply chains.
Our business applies a fundamentally driven investment approach, and our products are aimed at compounding returns based on superior stock selection.
We invest in both growth companies and value ideas that offer unique opportunities underappreciated by investors. The products offer alpha generation potential uncorrelated to traditional investment strategies.
INVESTMENT PROCESS
SPEAR employs fundamental research and financial analysis through a supply chain focused approach.
To identify the investment universe, SPEAR performs top-down research identifying idiosyncratic opportunities across different industrial supply chains benefiting from strong secular themes.
To form a differentiated view on a specific opportunity, SPEAR employs a rigorous investment process that includes understanding of the company’s competitive positioning, history of generating returns for investors, and quality of the management team.
INVESTMENT THEMES

ENVIRONMENTAL FOCUS
AND DECARBONIZATION
ESG focus is driving accelerated change in many industrial supply chains

MANUFACTURING
DIGITALIZATION
Manufacturing companies are undergoing an end-to-end digital transformation enabled by cloud migration, 5G connectivity, and edge computing

ROBOTICS
AND AUTOMATION
Innovation in robotics and automation is driving manufacturing costs lower, increasing adoption and new applications

PHOTONICS AND
ADDITIVE MANUFACTURING
Photonics applications have the potential to revolutionize manufacturing processes creating meaningful operational benefits

SPACE
EXPLORATION
Lower launch cost and new availability of off-the-shelf hardware technology are transforming a bureaucratic, government-run end market

ARTIFICIAL
INTELLIGENCE
AI and deep learning are finding significant industrial applications from predictive maintenance to machine vision