Shaker Investments

Edward Hemmelgarn serves as CEO and Co-Chief Investment Officer alongside his son Brandon Hemmelgarn, who was promoted to Co-CIO in 2023. The firm's website lists both as sharing the top investment role, supported by a team that includes portfolio managers Chris Hemmelgarn and Sasha Kostadinov, and Senior Research Analyst Andrew Frye.

Shaker focuses on publicly traded small- and mid-cap US equities. The firm does not market venture-capital, buyout, or private-credit funds. Its flagship vehicles — the Shaker Small Cap Growth Strategy and the Shaker Fundamental Growth Strategy — invest in companies that meet an 11-point checklist for superior growth characteristics.

The firm emphasizes proprietary, fundamental research conducted internally rather than relying on Wall Street analysts. The team applies a repeatable 11-point framework to evaluate small- and mid-cap companies, seeking businesses with durable growth attributes that they can hold over the long term in concentrated portfolios.

Yes. Shaker states that as an employee-owned firm, team members invest their own capital alongside client assets. The firm highlights this alignment of interests as a structural commitment that ensures its recommendations are made with conviction, although it does not publicly break out the size of internal coinvestment versus external AUM.