The Norma Fund
The Norma Fund
  • HOME
  • WHO WE ARE
  • THE NORMA FUND PORTFOLIO
  • More
    • HOME
    • WHO WE ARE
    • THE NORMA FUND PORTFOLIO
  • HOME
  • WHO WE ARE
  • THE NORMA FUND PORTFOLIO

The Norma Fund Portfolio

Our Operating Principles

Minimum Inclusion

Weighted by Wisdom

Weighted by Wisdom

We must hold a minimum of 0.5% of our portfolio of every Russell 1000 company led by a female CEO.

Weighted by Wisdom

Weighted by Wisdom

Weighted by Wisdom

We weight the stocks in our portfolio based on the collective wisdom of the partners, maintaining a minimum of 0.5% and maximum of 10% of the portfolio allocated to any single stock.

Timed Transitions

Open to Other Options

Open to Other Options

When a female CEO is replaced by a male, we must sell that company within 6 months.  Similarly, when a female replaces a male as CEO, we have 6 months to add that company to our portfolio.


Open to Other Options

Open to Other Options

Open to Other Options

Any partner can nominate a public-traded (US exchange) company to be added to the portfolio. A majority of the partners is needed to approve each addition.

Accenture

AMD

Alliant Energy

Alnylam Pharmaceuticals

American Electric Power

American Water Works

ArcBest

Arista Networks

ATI

ADP

Bath & Body Works

BellRing Brands

Best Buy

Brookdale Senior Living

Bumble

Cable One

CDW

Celanese

Children’s Place

Citigroup

Clorox

Coty

CMW Energy

Cracker Barrel

Cummins

Curtiss Wright 

Dicks Sporting Goods

Duke Energy 

DuPont de Nemours

Dutch BrothersElevance Health

Enhabit

Equity Lifestyle Properties

Essex Property Trust

Expensify

Fidelity National Information Services

FIGS

Franklin Resources

Freeport-McMoRan

General Dynamics

General Motors

Hubspot

Idacorp

Intra-Cellular Therapies

JB Hunt Transport

Kilroy Realty

Kinder Morgan

Lincoln National

Lumen Technologies

Maplebear

Marathon Petroleum

Masimo 

MDU Resources

Nasdaq

New York Times

Northrop Grunman

nVent Electric

Occidental Petroleum 

Oil States International

Olaplex

Opendoor Technologies

Oracle

Otis Worldwide

Pager Duty

Parker Hannifin

Parsons

PG&E

Planet Fitness

Progressive

Radius Recycling

Regency Centers

Reliance

Ross Stores

Science Applications

Sensata Technologies

Sherwin-Williams

Sirius XM

Sunrun

Tapestry

Taylor Morrison Home

The Hershey Company

Trinity Industries

UPS

Vail Resorts

Valvoline

Veralto

Vertex Pharmaceuticals

Vestis

Voya Financial

WEX

Williams-Sonoma

WW International

Zoetis



A Sample of Our Portfolio Companies

Information Technology

Advanced Micro Devices (AMD) has been a hot portfolio company for The Norma Fund.  AMD is led by CEO Lisa Su, who took the reins in 2014.

Finance and Insurance

Citigroup is the first major world bank to have a female CEO after appointing Jane Fraser to the position in March 2021.

Retail Trade

Williams Sonoma Inc. and its suite of home and kitchen brands is led by Laura J. Alber.  Alber has held the top post since 2010.

Healthcare

Transportation

Reshma Kewalramani is the President and CEO of Vertex Pharmaceuticals.  When Reshma took the helm on April 1, 2020, she became the first female CEO of a large US biotech company.

Manufacturing

Transportation

Transportation

Mary Barra has been the CEO of General Motors since 2014.  The buzz around Barra's promotion to CEO was the catalyst for The Norma Fund.

Transportation

Transportation

Transportation

Carol Tome was appointed CEO of United Parcel Service (UPS) in 2020, having served on the UPS board since 2003.

Connect With Us

Get Connected

Connect with us on Linkedin to see what we've been up to.

LINKEDIN

Contact Us

Contact Us

Meet the partners or talk to our financial managers. 

EMAIL US

Copyright © 2025 The Norma Fund - All Rights Reserved.

Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept