Passaic Partners LLC
Passaic Partners LLC is a boutique, majority employee-owned investment adviser and asset manager headquartered in Newark, New Jersey. Founded in 2021, the firm specializes in liquid alternative options-based investment solutions, targeting institutional investors and high-net-worth individuals. The firm employs a combination of systematic quantitative approaches complemented by discretionary portfolio management to enhance market responsiveness. As a partnership of owner-employees, Passaic emphasizes accessibility, diversity, and client-focused solutions, maintaining nimble operations with a specialized team.
Investment Strategy
Passaic Partners focuses on derivatives-based, liquid alternative strategies designed to protect portfolio value, increase yield, and diversify returns. Their core offerings include Defensive Equity (Protected Equity), Enhanced Equity (Protected Equity Plus), Yield Enhancement (Ironbound), and Multi-Asset (liquid real asset) strategies. These strategies use proprietary tactical hedging, volatility risk premium capture, and dynamic asset allocation to improve risk-adjusted returns, reduce market risk, and create alpha. The approach combines systematic quantitative signals with discretionary adjustments in response to market conditions, delivering tailored solutions to institutional and high-net-worth clients.
Top Holdings
Equity Positions (10)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 43.90% | $362.9M | 587,438 | $498.24 | $617.85 | +$88.3M |
I IEFA | ISHARES TR | 20.37% | $168.4M | 2,017,500 | $73.10 | $83.48 | +$14.5M |
I IEMG | ISHARES INC | 8.85% | $73.2M | 1,219,400 | $56.34 | $60.03 | +$5.9M |
I IVV | ISHARES TR | 8.20% | $67.8M | 109,164 | $589.78 | $620.90 | +$43.9M |
V VOO | VANGUARD INDEX FDS | 6.36% | $52.6M | 92,615 | $531.27 | $568.03 | +$28.7M |