Equal-WT
WhaleScore 2.0
?
Lodge Hill Capital is based out of New York. Lodge Hill Capital is a hedge fund with 4 clients and discretionary assets under management (AUM) of $485,003,385 (Form ADV from 2024-05-21). Their last reported 13F filing for Q2 2024 included $371,407,285 in managed 13F securities
and a top 10 holdings concentration of 71.06%. Lodge Hill Capital's largest holding is Boeing Company with shares held of 300,000. Whalewisdom has at least 43 13F filings
Business Description
Lodge Hill provides advisory services in the financial industry. The document outlines various aspects of their business, including fees and compensation, performance-based fees, types of clients, investment strategies, risk of loss, disciplinary information, other financial industry activities and affiliations, code of ethics, brokerage practices, review of accounts, client referrals, custody, investment discretion, voting client securities, and financial information.
The document also emphasizes the importance of clients referring to the governing documents for a complete understanding of the risks associated with the investments Lodge Hill makes. It further highlights the disclosure of all material facts regarding legal or disciplinary events that could impact a client's evaluation of the advisory business or the integrity of its management.
Investment Strategy
The Funds' primary investment objective is to achieve consistent, positive absolute returns by pursuing a long/short equity strategy with low to moderate market exposure. They focus on securities that Lodge Hill believes are trading at a discount or premium to intrinsic value and where there are both short-term and long-term catalysts to achieving fair value. The Funds invest in a "best ideas" portfolio with relatively large position concentrations, typically consisting of 20-25 long positions and 20-40 short positions.
Lodge Hill utilizes a disciplined, consistent, fundamental research-driven process in selecting investments. Each investment position is judged based upon its absolute valuation, risk/reward profile, margin of safety, degree to which the research view is differentiated versus consensus opinion, and catalysts to achieving capital appreciation. The research process relies on the analysis of proprietary financial and valuation models, company financial statements, SEC filings and industry publications, as well as conversations with management, competitors, customers and suppliers. After detailed analysis, potential investments are presented to the portfolio manager, Clint Murray, who makes the final decision regarding inclusion and weighting.
Owners
(Subscription Required)
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| BA Boeing Company (PUT) | 14.7% |
| AN AutoNation, Inc. (Re | 4.08% |
| BLDR Builders FirstSource | 4.08% |
| APO Apollo Global Manage | 3.5% |
| MHK Mohawk Industries In | 3.43% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU (PUT) | 37.59% |
| ARCH Arch Coal Inc | 2.34% |
| COOP Mr Cooper Group Inc | 1.77% |
| OLN Olin Corp. (Mathieso | 0.96% |
| XLV The Health Care Sele | 0.69% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| BA Boeing Company(PUT) | 14.7% |
| BLDR Builders FirstSource | 7.84% |
| BC Brunswick Corp. | 6.97% |
| MHK Mohawk Industries In | 6.88% |
| OC Owens Corning Inc | 6.51% |
2024-06-30
13F Activity
| Market Value | $371m, Prior: $417m |
| Inflows (Outflows) as % of Total MV | (-1.401)% |
| New Purchases | 8 stocks |
| Added To | 8 stocks |
| Sold out of | 2 stocks |
| Reduced holdings in | 9 stocks |
| Top 10 Holdings % | 71.06% |
| Turnover %[1] | 37.04% |
| Turnover Alt %[2] | 45.13% |
| Time Held Top 20 | 4.3 quarters |
| Time Held Top 10 | 2.9 quarters |
| Time Held All | 3.76 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