Equal-WT
WhaleScore 2.0
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Acuitas Investments is based out of Seattle. Acuitas Investments is a hedge fund with 3 clients and discretionary assets under management (AUM) of $902,208,628 (Form ADV from 2024-03-04). Their last reported 13F filing for Q2 2024 included $186,838,795 in managed 13F securities
and a top 10 holdings concentration of 23.98%. Acuitas Investments's largest holding is Orion Group Holdings Inc with shares held of 582,855. Whalewisdom has at least 25 13F filings, and 3 13G filings The firm last filed a Form D notice of exempt offering of securities on 2011-08-03. The notice included securities offered of Equity
Business Description
Acuitas offers investment management and advisory services, primarily focused on long-term growth of invested capital. They aim to outperform benchmarks by investing in multiple pooled vehicles or separately managed accounts managed by unaffiliated investment advisers. Their research and selection process seeks to identify managers likely to outperform over a long time horizon. Acuitas offers various investment strategies, including customized strategies for clients when requested and within the scope of their investment process.
Acuitas actively monitors and researches the investment managers they select to manage client assets, ensuring they maintain high confidence in the managers and the products they offer. They maintain frequent contact with the underlying managers, including onsite meetings, to ensure their competitive advantages remain intact. Acuitas also collects and analyzes portfolio holdings, monitors risk exposures, and diligently seeks ways to improve the risk/reward characteristics of client portfolios. They currently select and monitor independent investment advisers (subadvisers) for Funds, Mutual Funds, and separately managed accounts, who purchase and sell securities for each client's account. These subadvisers are generally retained through contractual sub-advisory relationships with Acuitas.
Investment Strategy
Acuitas offers investment management and advisory services in various strategies, including Emerging Markets Small Cap and Long/Short Equity. The Emerging Markets Small Cap strategy utilizes a multi-manager approach focused on small and microcap equities in emerging markets, including frontier markets, aiming to capitalize on perceived inefficiencies. The strategy benchmarks its performance against the FTSE Small Cap Emerging Index.
The Long/Short Equity strategy, also employing a multi-manager approach, targets small and microcap equities globally, seeking absolute returns. While not benchmarked to a traditional long-only market capitalization weighted index, the strategy's market capitalization criteria generally aligns with Russell's global suite of small and microcap indexes.
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2024-06-30
Top Buys (13F)
Name | % Change |
---|---|
AAN Aarons Holdings Comp | 1.2% |
UROY Uranium Royalty Corp | 1.13% |
OPRT Oportun Financial Co | 0.84% |
JOUT Johnson Outdoors, In | 0.81% |
STHO Star Holdings | 0.63% |
2024-06-30
Top Sells (13F)
Name | % Change |
---|---|
OSG Overseas Shipholding | 1.42% |
TGB Taseko Mines Ltd | 1.39% |
SKYW SkyWest Inc | 1% |
EQX Equinox Gold Corp | 0.67% |
IWM iShares Russell 2000 | 0.61% |
2024-06-30
13F Holdings Summary
Name | $ Change |
---|---|
ORN Orion Group Holdings | 2.97% |
NGVC Natural Grocers By V | 2.68% |
AOSL Alpha and Omega Semi | 2.59% |
ARHS Arhaus Inc | 2.59% |
RRGB Red Robin Gourmet Bu | 2.47% |
2024-06-30
13F Activity
Market Value | $187m, Prior: $198m |
Inflows (Outflows) as % of Total MV | (-1.6112)% |
New Purchases | 11 stocks |
Added To | 53 stocks |
Sold out of | 16 stocks |
Reduced holdings in | 26 stocks |
Top 10 Holdings % | 23.98% |
Turnover %[1] | 20.15% |
Turnover Alt %[2] | 12.52% |
Time Held Top 20 | 2.9 quarters |
Time Held Top 10 | 1.3 quarters |
Time Held All | 4.08 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30