Our Team

At PENCE, we use our understanding of human behavior, the markets and competitive strategy to put your money to work for you. We aim to capitalize on the supply chain of human demand—we see alpha in the human factor. For our investors it is the opportunity to own progress.  
  • We study human behavior, ahead of the change.
  • We define transformative themes, ahead of the signals.
  • We target companies with a competitive edge, ahead of their peers.
  • We move aggressively to capture growth, ahead of the crowd.
 

Human behavior is at the core of what we do

Pence Capital Management, LLC is a registered investment advisory firm based in Newport Beach, California. The firm’s investment approach adheres to its founding principles, which bring together the study of human behavior and economic analysis. Our investment team comprises professionals with diverse perspectives and credentials as economists, experts in behavioral finance, psychology specialists and former military leaders. Founded by E. Dryden Pence III, a Harvard-educated economist with thirty years of experience in the financial industry, and a retired Army Colonel specializing in Intelligence, Special Operations and Psychological Warfare, the firm aims to capitalize on the supply chain of human demand to identify investment opportunities.

Our Team

We believe our team is special because of the people— highly skilled professionals who bring diverse perspectives, passion, and a commitment to excellence in everything we do. The PENCE investment team approaches markets through a unique lens, integrating expertise in behavioral finance with the strategic insights gained from our founder's distinguished career as a Military Intelligence Officer specializing in psychological warfare. This combination allows us to analyze market dynamics and capitalize on human decision-making patterns to drive innovative investment strategies.
Dryden Pence, CPM®, AIF®
Chief Investment Officer
Ali Arik, PhD
Vice President, Research
John Swift
Executive Vice President
Chad Krieg, CPM®
Vice President, Portfolio Management
Jorge Aguilar
Senior Portfolio Analyst
Ian Venzon
Senior Research Analyst
Ramilo Reyes
Senior Portfolio Analyst
Dina Fargalla
Senior Portfolio Analyst
Aayush Aggarwal
Research Analyst
Luis Silva
Marketing Director
Chanté Boliard
Marketing Associate

PCM is an SEC-registered investment adviser which only does business where it is properly registered or is otherwise exempt from registration. SEC registration does not constitute an endorsement of Pence by the SEC, nor does it indicate that Pence or any of its investment adviser representatives have attained a particular level of skill or ability.

Strategies

Our investment strategies seek to capitalize on thematic, long-term investment trends built on a close study of human behavior.

Ubiquitous Strategy
Ubiquitous Strategy Finds investment opportunity in stocks of “ubiquitous” companies—those whose services have become part of our daily lives and whose position at the choke point in the supply chain gives them pricing power.
Content Leaders Strategy
Content Leaders Strategy Seeks above-average capital appreciation by investing in stocks of U.S. companies that are dominant in the media content arena, including television producers, filmmakers, content libraries, broadcast channels and delivery platforms.
Digital World Leaders Strategy
Digital World Leaders Strategy Finds mega-platform providers that have the resources to evolve, transform, and acquire as technology advances and consumer demand shifts.
Building America Strategy
Building America Strategy Invests in stocks of companies that can benefit from “Building America” through infrastructure projects including civil construction and engineering, and the sale of construction materials.
Human Behavior Strategy
Human Behavior Strategy Focuses on companies that derive the majority of their revenue through sales to U.S. consumers, fulfilling the different levels of human need in a variety of income categories.
PENCE Transformers Index (Ticker: TRFM)
PENCE Transformers Index (Ticker: TRFM) Seeks above-average total return by investing in stocks of global companies that benefit from shifts in consumer behavior and technological innovation.

How to invest

Pence Capital Management develops investment strategies for distributors and model portfolios for advisors. To invest in Pence Capital Management Strategies, please contact your broker or advisor.

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