Our history with public investing
We manage our publicly-traded portfolio with patience, maintaining positions in companies and industries where we feel returns can be compounded over the long term.
We seek to:
- Compound consistent returns
- Focus where we have expertise
- Minimize risk and preserve capital
Choice Hotels International
One of the largest and most successful lodging franchisors in the world, Choice currently franchises more than 7,000 hotels, representing nearly 570,000 rooms, in more than 40 countries and territories. White Oak Enterprises and the Bainum Family maintain a significant ownership stake in the company.
Choice’s business began as a marketing cooperative formed by a group of seven motor court owners in 1939. Operating under the name Quality Courts United–the nation’s first hotel chain–the owners sought to refer their business to each other’s hotels and establish service standards for their properties to better meet the needs and expectations of their guests.
Stewart Bainum, Sr., opened his first hotel in Silver Spring, Maryland, in 1957. He franchised his first Quality Courts motel in the early 1960s and within the decade had merged his business with Quality Inns, subsequently assuming the role of President and CEO and relocating the company’s headquarters to Maryland. In 1990, Quality Inns International changed its name to Choice Hotels International.
Today, Choice is one of the largest and most successful lodging franchisors in the world. Choice-branded hotels represent the full spectrum of lodging offerings, from limited-service to full-service hotels in the upscale, midscale, extended-stay, and economy segments. These hotels provide business and leisure travelers with a range of high-quality, high-value lodging options throughout the United States and internationally.
FJ Capital Management
A fundamentals-driven, SEC-registered investment advisor, FJ invests in the U.S. financial services industry, with an emphasis on the consolidating community/regional banking sector. White Oak Enterprises enjoys a long and successful relationship investing alongside the experts at FJ Capital.
FJ Capital Management is a fundamentals-driven, SEC-registered investment advisor founded in 2007 that analyzes and invests in the U.S. financial services industry, with an emphasis on the consolidating community/regional banking sector. The McLean, Virginia, firm was founded by Managing Member, Martin Friedman, and Managing Partner, Andrew Jose.
White Oak Enterprises was an early investor with FJ Capital Management and continues to enjoy a close relationship with the firm and its founders.
