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Channing Capital Management, LLC
Wendell E. Mackey · Asset Manager · Value
Channing Capital Management, LLC is a Chicago-based, employee-owned investment management firm founded in 2003 by Rodney B. Herenton and Wendell E. Mackey. The firm specializes in providing institutional-quality equity investment strategies centered on an intrinsic value-oriented approach. Serving a broad client base including pension funds, endowments, and foundations, Channing manages a suite of products across the market capitalization spectrum, including small-cap, SMID-cap, and large-cap value. The boutique firm is recognized for its commitment to fundamental research and disciplined portfolio management, aimed at navigating market volatility while uncovering undervalued investment opportunities for long-term growth.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +22.6% |
| YTD return | +10.6% |
| Sharpe ratio | 3.66 |
| Win rate | 40% |
| AUM | $1.9B |
| Inception | Oct 1, 2025 |
| Updated | Sep 21, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $1.9B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.channingcapital.com/ |
Current Holdings
Updated on Sep 21, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| AXTA | Axalta Coating Systems Ltd | 5.8% | +3.8% |
| AMG | Affiliated Managers Group Inc | 5.8% | +20.2% |
| MSA | MSA Safety | 5.8% | -0.3% |
| FAF | First American Corporation | 5.4% | +6.8% |
| CDP | COPT Defense Properties | 5.4% | +7.0% |
| AVNT | Avient Corp | 5.1% | -11.4% |
| HWC | Hancock Whitney Corp | 5.1% | -0.5% |
| PSN | Parsons Corp | 5.0% | -4.3% |
| MGRC | McGrath RentCorp | 5.0% | -1.6% |
| SWX | Southwest Gas Holdings Inc | 4.9% | -5.7% |
| CXT | Crane NXT Co | 4.9% | -11.8% |
| GTES | Gates Industrial Corporation plc | 4.9% | -4.6% |
| BCO | Brinks Company | 4.8% | -3.2% |
| ONB | Old National Bancorp | 4.7% | -2.1% |
| OSIS | OSI Systems Inc | 4.7% | 0.0% |
| HRI | Herc Holdings Inc | 4.6% | -0.5% |
| CSW | CSW Industrials, Inc. | 4.6% | -9.1% |
| BDC | Belden Inc | 4.6% | -9.2% |
| LFUS | Littelfuse Inc | 4.5% | -5.2% |
| TKR | Timken Company | 4.5% | 0.0% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Sep 21, 2026 | BUY | FAF | 5.3% → 5.4% |
| Sep 21, 2026 | BUY | BDC | 4.6% → 4.6% |
| Sep 21, 2026 | BUY | SWX | 4.9% → 4.9% |
| Sep 21, 2026 | BUY | OSIS | 0.0% → 4.7% |
| Sep 21, 2026 | BUY | AXTA | 6.0% → 5.8% |
Investment Style Analysis
Channing Capital Management, LLC is widely recognized for employing a Value strategy. As of Sep 21, 2026, the firm oversees approximately $1.9B in assets under management (AUM). The portfolio demonstrates a clear preference for the Specialty Industrial Machinery and Specialty Chemicals sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Sep 21, Channing Capital Management, LLC made a significant move by increasing exposure to FAF. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Channing Capital Management follows a fundamental, bottom-up investment philosophy focused on identifying 'Intrinsic Value.' Drawing inspiration from value investing pioneers, the firm seeks to invest in high-quality companies trading at a significant discount to their underlying business value. The investment process emphasizes intensive, proprietary research to evaluate management quality, business cycles, and competitive positioning. Channing maintains a high-conviction approach, typically constructing concentrated portfolios of 35 to 50 'best ideas.' By focusing on a margin of safety and maintaining a long-term perspective, the firm aims to capitalize on market inefficiencies and deliver competitive risk-adjusted returns.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Channing Capital Management, LLC.
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Frequently asked questions
How is the simulated portfolio for Channing Capital Management, LLC constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Channing Capital Management, LLC's largest holding?
As of the latest filing, Channing Capital Management, LLC's top position is Axalta Coating Systems Ltd (AXTA), representing 5.8% of the portfolio. This reflects a high-conviction bet by the institution.
What is Channing Capital Management, LLC's historical performance and risk profile?
Our simulation indicates a total return of +22.6% with a win rate of 40%. Notably, the portfolio maintains a Sharpe Ratio of 3.66, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Channing Capital Management, LLC primarily invest in?
Channing Capital Management, LLC has a strong preference for the Specialty Industrial Machinery sector, which makes up 14.4% of their disclosed assets. The portfolio also has exposure to Specialty Chemicals, indicating a specific thematic focus.
Is Channing Capital Management, LLC's portfolio concentrated or diversified?
Channing Capital Management, LLC runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 17.3% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Channing Capital Management, LLC performed in 2026?
Our AI-simulated model portfolio for Channing Capital Management, LLC tracks a Year-to-Date (YTD) return of +10.6%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Wendell E. Mackey manage Channing Capital Management, LLC directly?
Yes, Wendell E. Mackey serves as the key portfolio manager for Channing Capital Management, LLC, overseeing the investment strategy and final capital allocation decisions.