Origo Fonder

Origo QUEST

Strategy Description

Origo QUEST is a long/short equity hedge fund focusing on listed small and mid-caps in the Nordics. The long-term objective is to deliver competitive absolute return with a significant lower risk in terms of correlation and volatility than the Nordic stock market. The portfolio is relatively concentrated, usually around 15–25 positions in the long-book, and a short-book constructed from both alpha-shorts, pair-trades, and market hedges. Origo QUEST’s investment approach is based on an active, long-term, fundamental strategy to identify value-creating opportunities in small and medium-sized companies. The fund has a long bias (net exposure) over time.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500,000 SEK
AUM327M SEK
Inception DateFeb 2013
Management Fee1.25%
Performance Fee20% over 90d SSVX + 5%

Company Information

CompanyOrigo Fonder
PrincipalStefan Roos
Investor RelationsCristina Lugaro
Addressc/o KG10, Kungsgatan 8
Stockholm, 111 43
Phone+46 72 588 52 00
E-mail[email protected]
Websitewww.origofonder.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.33 -0.80 3.46 2.97
2023 1.57 1.13 -2.54 0.10 -2.92 2.22 -0.42 -0.37 -2.09 -0.37 3.17 6.61 5.86
2022 -3.04 -1.32 1.29 -0.25 -0.57 -3.64 1.62 -1.53 -6.38 1.57 3.54 3.09 -5.93
2021 -0.58 -0.69 -4.05 2.76 0.39 -0.36 2.57 2.73 -1.12 1.82 1.83 1.57 6.83
2020 -3.48 -2.15 -13.06 11.71 6.36 4.89 6.84 2.43 3.45 -5.57 3.82 6.60 21.07
2019 5.21 3.06 -2.38 5.48 0.23 -1.34 5.09 -2.38 -2.04 -1.57 0.99 2.07 12.58
2018 -2.64 -4.34 -1.62 1.32 -0.81 -0.03 2.67 0.40 -1.28 0.35 1.42 -6.93 -11.27
2017 3.41 2.89 -3.37 -0.89 0.22 -0.21 0.12 -1.96 4.15 -2.20 -3.68 4.15 2.21
2016 -6.15 4.48 3.46 3.08 0.69 -0.70 -0.46 4.98 5.21 0.73 -1.48 -0.24 13.80
2015 0.66 7.02 -3.25 2.94 3.54 -4.05 2.40 2.73 -2.23 7.97 4.86 6.94 32.73
2014 4.54 3.38 -4.68 3.49 4.57 1.08 -0.34 -1.60 -2.23 1.09 4.26 -1.10 12.62
2013 1.28 -0.99 -0.17 1.18 -2.00 0.71 2.19 3.31 2.34 1.09 2.23 11.62

Portfolio Managers

Stefan Roos, CIO and Fund Manager, has a background as fund manager, small and mid-cap specialist and co-Head of Corp. Governance at Handelsbanken and SEB (+24 years). After many years at Handelsbanken as a fund manager and head of Swedish equities, Roos joined SEB Asset Management as team head in 2006. He has been awarded and nominated several times for his fund management, e.g. nominated as Fund Manager of the Year - All Categories by Privata Affärer in 2006.

Christoffer Ahnemark joined Origo Fonder as fund manager in the summer of 2021, after years of researching and writing about Nordic small- and micro-cap stocks for the Aktiespararen magazine of the Swedish Shareholders’ Association. Ahnemark is a small-cap specialist and has previously worked at Handelsbanken and as Head of Equity Research at Aktiespararna.

Family of Funds

Company Programs
Origo SELEQT

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -21.21% 37 4 03/2017 07/2020
2 -13.23% 9 18 01/2022 03/2024
3 -6.15% 1 2 01/2016 03/2016
4 -5.57% 1 2 10/2020 12/2020
5 -5.26% 3 5 01/2021 08/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.98%2.03%0.71%0.24%0.40%
% Positive66.67%66.67%50.00%50.00%55.56%
Avg. Pos. Period1.89%3.39%2.65%2.37%2.17%
Avg. Neg. Period-0.80%-0.58%-1.16%-1.82%-1.73%
Sharpe Ratio1.922.741.010.350.61
Sortino Ratio7.4119.642.280.460.89
Monthly Volatility1.80%2.61%2.55%2.72%2.45%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.71%-13.06%0.76%0.70%3.46%57.46%
3 Months 24.62%-17.89%2.26%1.68%2.97%65.15%
6 Months 41.09%-16.69%4.52%3.92%12.84%70.54%
1 Year 39.68%-12.67%9.13%7.83%8.88%77.24%
2 Years 59.04%-10.48%18.94%17.88%5.81%79.28%
3 Years 81.73%-18.46%29.86%26.82%15.64%91.92%
5 Years 88.96%9.99%42.80%35.44%41.06%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Strategy Description

Origo QUEST is a long/short equity hedge fund focusing on listed small and mid-caps in the Nordics. The long-term objective is to deliver competitive absolute return with a significant lower risk in terms of correlation and volatility than the Nordic stock market. The portfolio is relatively concentrated, usually around 15–25 positions in the long-book, and a short-book constructed from both alpha-shorts, pair-trades, and market hedges. Origo QUEST’s investment approach is based on an active, long-term, fundamental strategy to identify value-creating opportunities in small and medium-sized companies. The fund has a long bias (net exposure) over time.

Fund Information

General Information

NHX CategoryEquities
NHX CountrySweden
Legal StructureSwedish Special Fund
Fund DomicileSweden
Minimum Investment500,000 SEK
AUM327M SEK
Inception DateFeb 2013
Management Fee1.25%
Performance Fee20% over 90d SSVX + 5%

Company Information

CompanyOrigo Fonder
PrincipalStefan Roos
Investor RelationsCristina Lugaro
Addressc/o KG10, Kungsgatan 8
Stockholm, 111 43
Phone+46 72 588 52 00
E-mail[email protected]
Websitewww.origofonder.se
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 0.33 -0.80 3.46 2.97
2023 1.57 1.13 -2.54 0.10 -2.92 2.22 -0.42 -0.37 -2.09 -0.37 3.17 6.61 5.86
2022 -3.04 -1.32 1.29 -0.25 -0.57 -3.64 1.62 -1.53 -6.38 1.57 3.54 3.09 -5.93
2021 -0.58 -0.69 -4.05 2.76 0.39 -0.36 2.57 2.73 -1.12 1.82 1.83 1.57 6.83
2020 -3.48 -2.15 -13.06 11.71 6.36 4.89 6.84 2.43 3.45 -5.57 3.82 6.60 21.07
2019 5.21 3.06 -2.38 5.48 0.23 -1.34 5.09 -2.38 -2.04 -1.57 0.99 2.07 12.58
2018 -2.64 -4.34 -1.62 1.32 -0.81 -0.03 2.67 0.40 -1.28 0.35 1.42 -6.93 -11.27
2017 3.41 2.89 -3.37 -0.89 0.22 -0.21 0.12 -1.96 4.15 -2.20 -3.68 4.15 2.21
2016 -6.15 4.48 3.46 3.08 0.69 -0.70 -0.46 4.98 5.21 0.73 -1.48 -0.24 13.80
2015 0.66 7.02 -3.25 2.94 3.54 -4.05 2.40 2.73 -2.23 7.97 4.86 6.94 32.73
2014 4.54 3.38 -4.68 3.49 4.57 1.08 -0.34 -1.60 -2.23 1.09 4.26 -1.10 12.62
2013 1.28 -0.99 -0.17 1.18 -2.00 0.71 2.19 3.31 2.34 1.09 2.23 11.62

Portfolio Managers

Stefan Roos, CIO and Fund Manager, has a background as fund manager, small and mid-cap specialist and co-Head of Corp. Governance at Handelsbanken and SEB (+24 years). After many years at Handelsbanken as a fund manager and head of Swedish equities, Roos joined SEB Asset Management as team head in 2006. He has been awarded and nominated several times for his fund management, e.g. nominated as Fund Manager of the Year - All Categories by Privata Affärer in 2006.

Christoffer Ahnemark joined Origo Fonder as fund manager in the summer of 2021, after years of researching and writing about Nordic small- and micro-cap stocks for the Aktiespararen magazine of the Swedish Shareholders’ Association. Ahnemark is a small-cap specialist and has previously worked at Handelsbanken and as Head of Equity Research at Aktiespararna.

Family of Funds

Company Programs
Origo SELEQT

Return Statistics

Last Month Return 3.46%
3 Month Return 2.97%
Year to Date Return 2.97%
12 Month Return 8.88%
36 Month Return 15.64%
Total Return Annualized 8.83%
Winning Months (%) 57.46%
Average Winning Month 3.00%
Average Losing Month -2.26%
Total Return Cumulative 157.13%

Risk Statistics (12M)

1 Year
Sharpe Ratio1.01
Sortino Ratio2.28
Sterling0.64
Calmar2.24
Skewness1.05
Kurtosis1.67
Maximum Drawdown-3.96%
Correlation vs S&P 5000.61
Annualized Volatility8.84%
Annualized Down. Deviation3.43%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -21.21% 37 4 03/2017 07/2020
2 -13.23% 9 18 01/2022 03/2024
3 -6.15% 1 2 01/2016 03/2016
4 -5.57% 1 2 10/2020 12/2020
5 -5.26% 3 5 01/2021 08/2021

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return0.98%2.03%0.71%0.24%0.40%
% Positive66.67%66.67%50.00%50.00%55.56%
Avg. Pos. Period1.89%3.39%2.65%2.37%2.17%
Avg. Neg. Period-0.80%-0.58%-1.16%-1.82%-1.73%
Sharpe Ratio1.922.741.010.350.61
Sortino Ratio7.4119.642.280.460.89
Monthly Volatility1.80%2.61%2.55%2.72%2.45%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 11.71%-13.06%0.76%0.70%3.46%57.46%
3 Months 24.62%-17.89%2.26%1.68%2.97%65.15%
6 Months 41.09%-16.69%4.52%3.92%12.84%70.54%
1 Year 39.68%-12.67%9.13%7.83%8.88%77.24%
2 Years 59.04%-10.48%18.94%17.88%5.81%79.28%
3 Years 81.73%-18.46%29.86%26.82%15.64%91.92%
5 Years 88.96%9.99%42.80%35.44%41.06%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.