Projects

STOCK MARKET LEAGUE

Invest, compete and learn with Stock Market League

The Stock Market League  is the largest community of investment clubs in Spain. They organize investment competitions with REAL money in which you can demonstrate your qualities as a manager. Join us and compete with the University team for the incredible prizes.

The League oughs you to found an investment club with your colleagues and compete against other universities in Spain and Latin America for a whole year. You will be part of a community in which more than 1500 students have already participated and you will be able to learn in the events that Stock Market League organizes throughout the year, where you will meet the best professionals in the financial sector thanks to their sponsors.

PRIZES

FIRST PRIZE

3.000 €

SECOND PRIZE

1.000 €

THIRD PRIZE

500 €

SPONSORS

INVESTING TEAM

Comillas Investing Club utilizes a multi-faceted investment strategy, involving both fundamental and quantitative analysis, to invest in equities, options, and fixed income instruments. CIC is one of the few investing organizations on campus with an open mandate to invest across all asset classes and industries. CIC is also uniquely structured as an absolute return fund: focusing on risk adjusted returns through long/short exposure rather than benchmarking to an index. We take a disciplined approach to investing, focused on a medium-term outlook for attractive returns while preserving capital. To that effect, we primarily use a bottom-up approach to source investment ideas: looking for market disconnects through embracing complex situations and developing original views on underfollowed names. Additionally, we supplement this fundamental approach to investment selection with technical analysis to identify appropriate entry and exit points for our positions and use risk management and hedging techniques to balance our portfolio.

PORTFOLIO EXITS

Portfolio diversification

Commercial Services

10%

Automobiles 

10%

Telecommunications

30%

Energy

20%

Pharma

10%

Transportation

15%

Insurance

5%

Euro Zone

60%

Rest of urope

n.d.

Asia

n.d.

EEUU

40%

Other

n.d.

Historical Profitability

Net asset value

60%

Monthly return

60%

Return since 1 Jan

60%

Annualised average return

60%

Investing strategy

FUNDAMENTAL VALUE

CIC finds investments that are trading at a discount to their intrinsic fair value by implementing a Warren Buffett-style value approach. We employ a rigorous valuation process by building discounted cash flow models, comparable analyses, and sum-of-the-parts valuations to find equities that will outperform its peers while minimizing risk. We look for names with compelling investment theses that are expected to play out over the course of 6-18 months. These core fundamental holdings aim to optimize alpha while also providing beta exposure.
  

SPECIAL SITUATIONS

Ideas in the special situations category look to capitalize on short-term catalysts that will enhance overall returns by identifying exceptional opportunities. These allocations are focused on long/short, arbitrage, market neutral, and event-driven investments. Past special situation investments have focused on distressed debt, potential spin-offs, REIT conversions, and the unlocking of valuable assets such as land and wireless spectrum.
 

GLOBAL MACRO

CIC’s Global Macro strategy leverages economic research to find trades which offer attractive returns given CIC’s view of global economics and the geopolitical climate. This allocation may be focused on currencies, sovereign bonds, or exchange traded derivatives. Past global macros based pitches include etfs situated in emerging markets, and currency based hedges to foreign based companies we believe to be fundamentally undervalued.