Equal-WT
WhaleScore 2.0
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Nitorum Capital is based out of New York. Nitorum Capital is a hedge fund with 3 clients and discretionary assets under management (AUM) of $1,753,146,930 (Form ADV from 2024-03-28). Their last reported 13F filing for Q4 2024 included $869,576,560 in managed 13F securities
and a top 10 holdings concentration of 58.03%. Nitorum Capital's largest holding is Primo Brands Corp. with shares held of 2,688,500. Whalewisdom has at least 38 13F filings, and 10 13G filings
Business Description
The investment objective of the Funds is to generate superior absolute and risk-adjusted returns over a long period of time while minimizing the risk of capital loss. The Adviser seeks to achieve the Funds’ objective by employing a classic bottom-up, fundamental research driven process primarily with respect to long and short investments in publicly traded equity securities across a variety of sectors both in the United States and internationally. The Adviser’s methods of analysis are further described in Item 8 (Methods of Analysis, Investment Strategies and Risk of Loss).
The Adviser has broad and flexible investment authority with respect to the Funds and its services are tailored to achieving the investment objectives as stated in each Fund’s Memorandum. The Adviser does not tailor its services to the individual needs of any investor in the Funds and does not participate in wrap fee programs. The Adviser’s regulatory assets under management as of December 31, 2024 were $1,521,200,822, which were all managed on a fully discretionary basis on behalf of the Funds.
Investment Strategy
The Adviser aims to generate superior absolute and risk-adjusted returns over a long period while minimizing capital loss. They primarily make long and short investments in publicly traded equity securities across various sectors, both in the United States and internationally. The Adviser's methods of analysis are further described in Item 8.
The Adviser seeks to identify misunderstood equity securities that are mispriced. They employ a classic bottom-up, fundamental research-driven process, including deep financial analysis and targeted field research, to assess the risk/reward of potential long or short investments. They also consider the perception of the equity security, market sentiment, and macroeconomic factors. The Adviser is opportunistic with a value bias and invests globally across a variety of sectors.
Owners
- NITORUM CAPITAL GP, LLC - GENERAL PARTNER
- ROSEN, SETH, DAMON - MANAGING PARTNER; TRUSTEE - ROSEN FAMILY TRUST
- MCHUGH, BRENDAN, PETER - PRINCIPAL AND CHIEF FINANCIAL OFFICER
- Schurr, Alissa, Brooke - TRUSTEE - ROSEN FAMILY TRUST
- MCCARTHY, TARA, LISA - GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| GNRC Generac Holdings Inc | 1.13% |
| RBA RB Global Inc | 0.9% |
| PSMT PriceSmart Inc | 0.41% |
| DELL Dell Technologies In | 0.4% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| ACHC Acadia Healthcare Co | 3.4% |
| CNC Centene Corp | 1.75% |
| BRK.B Berkshire Hathaway I | 0.72% |
| ICUI ICU Medical Inc | 0.4% |
| FIS Fidelity National In | 0.38% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| PRMB Primo Brands Corp. | 9.51% |
| CHDN Churchill Downs Inc | 8.69% |
| MLM Martin Marietta Mate | 6.57% |
| MNKD MannKind Corp | 6.47% |
| FUN Six Flags Entertainm | 5.94% |
2024-12-31
13F Activity
| Market Value | $0.87b, Prior: $0.99b |
| Inflows (Outflows) as % of Total MV | (-18.1716)% |
| New Purchases | 0 stocks |
| Added To | 4 stocks |
| Sold out of | 2 stocks |
| Reduced holdings in | 22 stocks |
| Top 10 Holdings % | 58.03% |
| Turnover %[1] | 7.14% |
| Turnover Alt %[2] | 1.11% |
| Time Held Top 20 | 8.05 quarters |
| Time Held Top 10 | 7.3 quarters |
| Time Held All | 15.54 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.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31