Seven Eight Capital is based out of New York. Seven Eight Capital is a hedge fund with 4 clients and discretionary assets under management (AUM) of $1,348,867,183 (Form ADV from 2024-12-09). Whalewisdom has at least 46 13F filings
Business Description
Seven Eight Capital, LP provides investment advice to its clients, which are pooled investment vehicles. Investors in these vehicles include individuals, institutions, other investment entities, and pension plans. Investors must meet certain standards of net worth and knowledge regarding the firm's investment program.
Seven Eight Capital does not provide investment advice to anyone other than its clients. This brochure is not intended to be an offer to invest in the firm's clients or the Feeder Funds or to open a managed account with the firm.
Investment Strategy
Seven Eight Capital employs a market-neutral strategy focused on trading a wide range of liquid equity securities on established U.S. and foreign markets. They utilize a method known as "statistical arbitrage" which involves investing in a broad portfolio of liquid securities for short durations. This strategy relies on computer modeling that analyzes historical price patterns to identify discrepancies between a security's current price and its expected future price, aiming to capitalize on short-term profit opportunities.
The firm's investment program may utilize various techniques, including leverage and short sales, which can potentially amplify losses under certain circumstances. The program may not always be hedged against market fluctuations, and in situations like reorganizations or liquidations, the valuation of assets and associated legal and regulatory risks may be difficult to assess accurately. This can lead to losses even if the intended transaction is completed.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| TSM Taiwan Semiconductor | 0.78% |
| MCK Mckesson Corporation | 0.73% |
| MSFT Microsoft Corporatio | 0.72% |
| DXCM DexCom Inc | 0.71% |
| PLTR Palantir Technologie | 0.7% |
2024-12-31
13F Holdings Summary
SEVEN EIGHT CAPITAL, LP has de-registered. SEVEN EIGHT CAPITAL, LP will no longer have discretionary authority over any 13F Securities as of 12/31/2024. This is SEVEN EIGHT CAPITAL, LP final 13F filing.
2024-12-31
13F Activity
| Market Value | $0, Prior: $1.11b |
| Inflows (Outflows) as % of Total MV | (-101.2207)% |
| New Purchases | 0 stocks |
| Added To | 0 stocks |
| Sold out of | 683 stocks |
| Reduced holdings in | 0 stocks |
| Top 10 Holdings % | % |
| Turnover %[1] | 100% |
| Turnover Alt %[2] | % |
| Time Held Top 20 | quarters |
| Time Held Top 10 | quarters |
| Time Held All | 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