About
Austin Bone is the Lead Portfolio Manager at Wasatch Advisors LP (trading as Wasatch Global Investors) in Salt Lake City, Utah, where he oversees the Wasatch Small Cap Value Fund and related strategies. In this role, he focuses on U.S. small cap equities with an emphasis on value investing, and collaborates closely with the broader small cap research team. His coverage includes sectors such as technology supply chain, semiconductors, and a broad range of U.S. small cap industries, drawing on deep experience in micro- and small-cap value strategies.
Before becoming Lead Portfolio Manager in 2024, Bone held several key positions at Wasatch, including Associate Portfolio Manager and Domestic Small Cap Equity Research Analyst, having joined the firm in 2016. Earlier in his career, he was an Equity Research Analyst at Goldman Sachs in New York, where he specialized in the technology and semiconductor sectors.
Mr. Bone holds a Bachelor of Science in Business Management with a finance emphasis from Brigham Young University and an Associate degree in General Studies from Weber State University. His significant achievements include leading Wasatch's succession for the Small Cap Value Fund and helping shape the firm's research-driven approach to U.S. small cap value investing.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Wasatch Global Investors | Portfolio Manager | Jan 2022 to Present | — |
| Wasatch Global Investors | Associate Portfolio Manager | Jan 2020 to Jan 2022 | — |
| Wasatch Global Investors | Domestic Small Cap Equity Research Analyst | Dec 2017 to Jan 2020 | — |
| Wasatch Global Investors | Equity Research Associate | Apr 2016 to Dec 2017 | — |
| Goldman Sachs | Equity Research Analyst - Semiconductors and IT Supply Chain | Feb 2013 to Apr 2016 | — |
| Global Financial Advisors | Research Analyst Intern | Jan 2012 to Dec 2012 | Student operated buy-side fund with over $800,000 under management
Valued several companies across different industries including Books A Million, Universal Power Group, and Core Laboratories
Member... |
| Mulligans Golf Course/ Toad's Fun Zone | General Manager | May 2009 to Dec 2012 | — |
| Atlantic Trust | Private Wealth Management Intern | Jan 2012 to Apr 2012 | Identified high net worth individuals through diligent monitoring of news and other informational sources
Used software databases to find contact information for high net worth prospects in order to ... |
Education
Brigham Young University
2009 — 2012
Weber State University
2008 — 2009
Skills & Expertise
Others at Wasatch Advisors LP (33)
| Name | Role | Location |
|---|---|---|
A Aaron Conway | Equity Research Analyst | United States |
A Ajay Krishnan | portfolio manager | Salt Lake City, UT , United States |
A Angela Wertman | Equities Trader | Salt Lake City, UT , United States |
 | Equity Research Analyst | Salt Lake City, UT , United States |
 | Head Trader | Salt Lake City, UT , United States |
 | Senior Research Analyst | Salt Lake City, UT , United States |
D Dan Chace | Portfolio Manager | Salt Lake City, UT , United States |
 | Senior Research Analyst | Dallas, TX , United States |
 | Senior Research Analyst | Seattle, WA , United States |
J Jim Shaughnessy | Equity Analyst | Salt Lake City, UT , United States |