14b Captial Management LP
14B Capital Management LP is a Delaware limited partnership founded in January 2022 and headquartered in La Jolla, California. The firm is led by Ilya Zaides, who has managed the underlying investment strategy since 2009. As of May 2025, 14B Capital has 4 employees and manages approximately $285 million in assets, serving pooled investment vehicles and qualified investors. The firm operates as a hedge fund, focusing on compounding capital for its clients, which are primarily sophisticated and institutional investors.
Investment Strategy
14B Capital Management LP runs a high conviction, best ideas equities portfolio designed to generate alpha over the long term by focusing on high quality businesses and/or assets. The firm applies deep fundamental research to concentrate investments in businesses with enduring competitive advantages, sound management, and strong financials. It aims to achieve superior compound returns by holding a focused selection of public equities, with an emphasis on risk management and long-term value creation.
Top Holdings
Equity Positions (11)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FOUR | SHIFT4 PAYMENTS INC | 20.24% | $49.3M | 497,000 | $72.63 | $99.11 | +$6.4M |
M MA | MASTERCARD INC | 12.24% | $29.8M | 53,000 | $433.08 | $561.94 | -$2.0M |
V V | VISA INC | 10.94% | $26.6M | 75,000 | $262.93 | $355.05 | -$2.5M |
C CCOI | COGENT COMMUNICATIONS HLDGS | 9.98% | $24.3M | 504,000 | $67.25 | $48.21 | -$3.2M |
C CHTR | CHARTER COMMUNICATIONS INC | 9.58% | $23.3M | 57,000 | $408.81 | $408.81 | +$23.3M |