Small caps ended 2017 on a positive note, as did most of the schools.  Buffalo State continued to dominate, returning nearly 10% during the second half of December while Southern Vermont College jumped 7 spots to 4th place.  Not to be outdone, Temple, Ithaca, UAlbany, and Wesleyan all had portfolio returns greater than 5% during the past two weeks.  With the tax bill officially signed into law, it will be interesting to see the true impact of the reduced corporate tax rate and how corporations choose to utilize these savings.

Below are the current standings of the Adirondack Cup.  These returns are since inception (October 16, 2017).

Current Standing Total Return
1        (1) Buffalo State 45.95%
2        (2) State University of New York at Geneseo 21.95%
3        (3) Ithaca College 14.87%
4      (11) Southern Vermont College 12.54%
5        (4) Binghamton University 11.97%
6      (10) University at Albany, State University of New York 11.15%
7        (6) Hofstra University 9.28%
8      (13) Wesleyan University 8.20%
9        (8) Skidmore College 7.19%
10        (5) University of Wisconsin-Milwaukee 6.71%
11        (9) Bryn Mawr College 5.31%
12      (15) The College at Brockport, State University of New York 4.39%
13        (7) Siena College 3.94%
14      (12) Rhode Island College 2.78%
15      (14) Penn State Behrend 0.25%
16      (16) State University of New York at Plattsburgh -0.61%
17      (21) Temple University -1.38%
18      (17) Clarkson University -2.07%
19      (18) The College of St. Rose -2.11%
20      (22) Stonehill College -8.06%
21      (20) St. Lawrence University -8.36%
22      (19) Saunders College of Business at RIT -10.62%
23      (23) St. John Fisher College -11.16%
24      (24) Nazareth College -11.91%
Russell 2000 Index 2.50%
Adirondack Cup Aggregated 4.59%