David J. Winters

In 2019 Wintergreen Fund liquidated after several years of slow performance.

As of October 2006, David is also currently a sub-advisor for the Renaissance Global Market Fund, operated by CIBC Asset Management. In December 2006, Winters was selected as one of four participants in the tenth annual global investing round table hosted by the International Herald Tribune.

After leaving Mutual Series in 2005, David formed Wintergreen Advisers and the Wintergreen Fund in Maine, United States. The companies are named after the official state herb of Maine, the wintergreen. He was encouraged by others to open a less-regulated hedge fund, but opted to run a comparatively strictly regulated mutual fund.

He was named Director of Research of Mutual Series in 2000 and President and CIO in 2001. During his time with Franklin Mutual Advisors, he was also the portfolio manager of the Mutual Discovery Fund from February 2000 to May 2005.

David joined Mutual Series in 1987, during Max Heine’s tenure. Heine died the next year, so David was mentored in value investing by Michael Price. A component of methodology is not to just buy at a discount, but to “help management unlock that potential value as an active investor”. He also looks for value where others don’t want to look and is willing to go the extra mile in finding ways to invest money.

David J. Winters (born 1962) is a deep value investor and fund manager in Maine.