Buffalo Funds
Buffalo Funds is a privately-held, no-load mutual fund family of 10 actively managed funds across domestic equity, international equity, and fixed income, advised by Kornitzer Capital Management and distributed directly and through Schwab, Fidelity, Vanguard, and advisor channels to retail and institutional investors.
- Company typePrivate
- Founded1994
- HeadquartersMilwaukee, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Buffalo Funds does
Buffalo Funds is a family of 10 no-load, actively managed mutual funds operated by Kornitzer Capital Management, Inc. (KCM), a privately-owned boutique investment firm founded in 1989 by John C. Kornitzer. Headquartered in Mission, Kansas, the firm employs 1-10 people and offers mutual funds spanning domestic equity, international equity, and income (fixed-income) categories, each available in Investor and Institutional share classes. The firm serves retail investors, financial advisors, RIAs, and institutional clients, distributed through a direct-to-consumer channel (online and mail), major no-load broker platforms (Schwab, Fidelity, Vanguard), and intermediary advisors.
The firm's investment process is built on a proprietary multi-factor scoring system for stock valuation combined with top-down and bottom-up fundamental research, supported by a bench of portfolio managers with roughly 30 years of average industry experience and CFA designations. Buffalo Funds generates revenue through management fees on assets under management; as a privately-held, no-load fund family, it does not publicly disclose AUM, revenue, or financials. Recent external recognition includes a 5-Star Morningstar Rating for the High Yield Fund in 2025 and five consecutive years of Citywire Top Female Manager recognition for Nicole Kornitzer (2020-2024).
In 2025, the firm executed a series of growth-oriented actions: it hired two portfolio managers from competing boutiques (Tim Miller from Scout Investments, Darren Schryer from Nuance Investments), launched a new corporate website in December 2025, and established a sponsorship/partnership with Sporting Kansas City. These moves indicate reinvestment in investment talent, digital distribution, and brand-building within the Kansas City metro market, against a backdrop of structural pressure on the active mutual fund category.
Buffalo Funds firmographics
Firmographics- Name
- Buffalo Funds
- Legal name
- Buffalo Funds
- Website
- https://buffalofunds.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Buffalo Funds is a privately-held, no-load mutual fund family of 10 actively managed funds across domestic equity, international equity, and fixed income, advised by Kornitzer Capital Management and distributed directly and through Schwab, Fidelity, Vanguard, and advisor channels to retail and institutional investors.
- Ownership category
- akta.pro rank
Buffalo Funds industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Fixed Income Mutual Funds (FSAAAEAB)
- akta.pro secondary industry
- Money Market Funds (FSAAAEAC)
Keywords
Where Buffalo Funds is headquartered
LocationHeadquarters
- HQ city
- Milwaukee
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Buffalo Funds business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others, Infrastructure
Revenue model
- Mutual Fund Management Fees: Buffalo Funds generates revenue through management fees charged on assets under management across its family of 10 actively managed, no-load mutual funds. The funds span domestic equity, international equity, and income categories across a full capitalization range.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Individual Taxable Accounts |
| Subscription | Pay-as-you-go | IRA, CESA, UGMA/UTMA Accounts |
| Subscription | Pay-as-you-go | Institutional Accounts |
| Subscription | Pay-as-you-go | Exchange from Another Buffalo Fund |
| Subscription | Monthly | Automatic Investment Plan |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Buffalo Funds product offering
Product offeringCore offering
Buffalo Funds is a family of 10 no-load, actively managed mutual funds advised by Kornitzer Capital Management, Inc. The funds span domestic equity, international equity, and income categories across the full capitalization range and are offered in two share classes — Investor Class for individuals and Institutional Class for advisors and organizations — distributed directly, through online brokerages, and via financial advisors.
Product overview
Buffalo Funds is a family of 10 no-load, actively managed mutual funds spanning domestic equity, international equity, and income categories, invested across a full capitalization range. The funds are advised by Kornitzer Capital Management, a privately-owned boutique investment manager founded in 1989. The product lineup includes: Blue Chip Growth Fund (large-cap domestic equity), Early Stage Growth Fund (emerging growth), Growth Fund (diversified domestic equity), Small Cap Growth Fund, Mid Cap Growth Fund, and Mid Cap Discovery Fund (various mid/small-cap domestic equity strategies), International Fund (international developed and emerging markets), Flexible Allocation Fund (mixed assets with income focus), Growth & Income Fund (equity with income), and High Yield Fund (below investment-grade bonds). All funds are available in Investor Class (individual investors) and Institutional Class (advisors, institutions, organizations) share classes.
Differentiator
Problem solved
Functional benefit
Products and services
- Buffalo Blue Chip Growth Fund A domestic equity mutual fund focused on long-term growth of capital by investing in established large-cap companies, available to individual and institutional investors.
- Buffalo Early Stage Growth Fund A domestic equity mutual fund seeking long-term growth of capital by investing in early-stage and emerging growth companies, available to individual and institutional investors.
- Buffalo Flexible Allocation Fund A mixed-asset mutual fund seeking to generate high current income with long-term growth of capital as a secondary objective through flexible allocation across equities and fixed income.
- Buffalo Growth Fund A domestic equity mutual fund focused on long-term growth of capital by investing in growth-oriented companies across all capitalizations, available to individual and institutional investors.
- Buffalo Growth & Income Fund A domestic equity mutual fund seeking current income with long-term growth of capital as a secondary objective.
- Buffalo High Yield Fund A bond mutual fund seeking current income with long-term growth of capital as a secondary objective by investing in below investment-grade corporate bonds.
- Buffalo International Fund An international equity mutual fund focused on long-term growth of capital by investing in companies across developed and emerging international markets, available to individual and institutional investors.
- Buffalo Mid Cap Discovery Fund A domestic equity mutual fund focused on long-term growth of capital by investing in mid-cap companies with discovery and growth potential.
- Buffalo Mid Cap Growth Fund A domestic equity mutual fund focused on long-term growth of capital by investing in mid-cap growth-oriented companies.
- Buffalo Small Cap Growth Fund A domestic equity mutual fund focused on long-term growth of capital by investing in small-cap companies with high growth potential.
Quantifiable outcome
- Buffalo High Yield Fund received 5-star Overall Morningstar Rating as of 6/30/2025 among 589 High Yield Bond funds based on risk-adjusted returns
- +1 more outcomes
Companies that use Buffalo Funds
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Buffalo Funds technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Buffalo Funds partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sporting Kansas CitycoreBuffalo Funds is the Official Investment Services Partner of Sporting Kansas City, a Major League Soccer team. This partnership demonstrates the firm's community engagement and brand presence in the Kansas City region.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Buffalo Funds competitors and assessment
Company assessmentDirect peers
- Jensen Investment Management: Jensen is a small, employee-owned, quality-focused active equity manager with a no-load mutual fund structure — directly comparable to Buffalo's no-load, research-driven, owner-operated boutique model.
- Oakmark Funds (Harris Associates): Oakmark is a value-oriented, employee-owned active mutual fund manager distributed primarily through advisors and institutions — directly comparable as a long-tenured, owner-operated active mutual fund boutique.
- Wasatch Advisors: Wasatch is a small/mid-cap growth-focused boutique mutual fund manager distributed largely through advisors — directly comparable to Buffalo's small/mid-cap growth funds and advisor-led distribution model.
- Royce Investment Partners: Royce specializes in small-cap and micro-cap active mutual funds distributed through advisors — directly comparable to Buffalo's Small Cap Growth, Mid Cap Discovery, and Early Stage Growth strategies.
- Dodge & Cox: Dodge & Cox is a large, employee-owned, no-load active mutual fund firm with multiple equity and income strategies — closely comparable to Buffalo's no-load, multi-strategy, owner-operated active mutual fund structure.
- Longleaf Partners (Southeastern Asset Management): Longleaf Partners is a long-tenured, owner-operated active mutual fund manager with a value-leaning, multi-cap lineup — directly comparable to Buffalo's owner-operated, multi-cap equity fund family.
- Harbor Capital: Harbor is a multi-affiliate, advisor-distributed active fund platform that sub-advises boutique managers — a close structural analog to Buffalo's boutique-active, advisor-distributed model.
- Baron Funds: Baron is a privately held, growth-oriented boutique mutual fund firm (Baron Funds) with multiple cap-tilted and specialty strategies sold through advisor channels — directly comparable to Buffalo's growth-tilted, advisor-distributed lineup.
Broad incumbents
- T. Rowe Price: T. Rowe Price is a large, established active asset manager with a comparable active mutual fund lineup across equities, fixed income and multi-asset — a broad incumbent competitor in the same product categories and distribution channels as Buffalo.
- American Funds (Capital Group): American Funds is one of the largest active mutual fund complexes with a broad, multi-cap, multi-style lineup distributed through advisors — a broad incumbent competitor to Buffalo's no-load active mutual fund family.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Buffalo Funds social profiles
Digital presenceBuffalo Funds financial estimates
Financial estimateRevenue estimate
Valuation estimate
Buffalo Funds leadership team
Management profileNumber of profiles
Profiles15 records
Buffalo Funds funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Buffalo Funds M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Buffalo Funds
What does Buffalo Funds do?
Buffalo Funds is a family of 10 no-load, actively managed mutual funds advised by Kornitzer Capital Management, Inc. The funds span domestic equity, international equity, and income categories across the full capitalization range and are offered in two share classes — Investor Class for individuals and Institutional Class for advisors and organizations — distributed directly, through online brokerages, and via financial advisors.
Is Buffalo Funds a public or private company?
Buffalo Funds is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Buffalo Funds founded?
Buffalo Funds was founded in 1994. It employs 1 to 10 people.
Where is Buffalo Funds based?
Buffalo Funds is headquartered in Milwaukee, United States, in the North America region.
How does Buffalo Funds make money?
One revenue line is on record: mutual Fund Management Fees.
Who are Buffalo Funds's main competitors?
Direct peers on record are Jensen Investment Management, Oakmark Funds (Harris Associates), Wasatch Advisors, Royce Investment Partners, Dodge & Cox, Longleaf Partners (Southeastern Asset Management), Harbor Capital and Baron Funds. Broad incumbents are T. Rowe Price and American Funds (Capital Group).
Does Buffalo Funds have an API?
No public API is recorded for Buffalo Funds.
What industry is Buffalo Funds in?
Buffalo Funds's product category is Asset Management. Its primary akta.pro industry code is FSAAAEAB, Fixed Income Mutual Funds, with a secondary code of FSAAAEAC, Money Market Funds. Its NAICS code is 523940 and its SIC code is 6282.