Heximer Investment Management

Heximer Investment Management

Ronald J. Heximer founded Heximer Investment Management in 1997 and has run it ever since as President and Chief Compliance Officer, according to SEC filings. The firm is headquartered in Columbus, Ohio, with no additional offices. It is registered with the SEC as a small investment adviser, serving a concentrated base of high-net-worth individuals, family trusts, and institutional accounts, predominantly in the Midwest. The firm's governance remains a one-person show at the top, with Heximer holding the key investment decision-making role. The investment strategy centers on long-only, concentrated equity portfolios built through classic Graham-and-Dodd-style fundamental analysis. Heximer selects individual stocks with a multi-year holding horizon, avoiding derivatives, leverage, or complex structured products. The firm does not market alternative investments, private equity, or hedge fund allocations. The portfolio typically holds 20–40 names, with sector concentrations that reflect the manager's conviction rather than benchmark hugging. No current portfolio holdings are publicly reported, though historical filings show positions in large-cap US equities across financials, industrials, and consumer staples. The firm's Form ADV filing shows it manages discretionary assets for individuals, high-net-worth individuals, and pension and profit-sharing plans. It does not report to the IARD system any pooled investment vehicles or funds of its own. The firm does not operate affiliated philanthropic foundations, separate real-asset arms, or co-investment clubs. As of its most recent public filing, the firm employed fewer than five investment advisory personnel, including Heximer himself. The firm has not announced any major personnel changes, strategy shifts, or product launches in the past 24 months. Heximer's structural differentiator is its extreme simplicity: no product shelf, no distribution team, no succession plan visible to the outside world. This is a personal investment practice that has survived for nearly three decades on word-of-mouth referrals and the performance of its concentrated equity bets. In an industry where most firms of this size either sell, fold, or dilute their process into model portfolios, Heximer's persistence as a solo-discretionary stock picker constitutes a genuine anomaly — and a concentrated key-person risk that any institutional allocator would need to underwrite.