BOWEN HANES & CO INC

Bowen Hanes & Co Inc. is an investment management firm based out of Atlanta, Georgia. The company was originally established in 1972 and has grown from its inception to now operate with an additional location in Winston-Salem, North Carolina. The current company originated from Harold J. Bowen, Jr.’s decision to repurchase Bowen Management Co. in 1980 and moving it to its current headquarters in Atlanta, Georgia. Bowen Hanes & Co conducts its research internally, utilizing a fundamental methodology to make its investment decisions. The company invests in the public equity and fixed income markets on a global scale, utilizing a top down approach to allocate its assets across a wide range of sectors. Bowen Hanes & Co invests most heavily in the information technology sector, which alone makes up over a fifth of the firm’s total asset allocations, and also invests in the consumer staples, industrials, consumer discretionary, health care, materials, and finance sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations for an average of 22.4 quarters, although Bowen Hanes & Co only holds its top 10 allocations, which make up just under a fifth of its total holdings, for 4.8 quarters on average. Bowen Hanes & Co currently operates with 9 employees, of which 5 are investment professionals, and oversees over $2.2 billion in total assets under management spread across 179 total accounts, all of which are discretionary accounts. Although the company’s total number of accounts has decreased in recent years, its total assets under management, despite some volatility, has increased, growing from $1.57 billion back in 2010 to its current amount. Bowen Hanes & Co mainly caters to high net worth individuals, which alone makes up half of its client base, although most of its assets come from state and municipal entities, which make up over half of its attributed assets.