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Ashe Capital Management, LP

CIK:0001632715
Hedge Fund
$2B AUM
7 holdings
Englewood Cliffs, NJ, United States
Founded:2014
10 employees
Latest filing:Jun 30, 2025

Ashe Capital Management, LP is a U.S.-based investment adviser headquartered in Englewood Cliffs, NJ. The firm was incorporated in Delaware and serves institutional investors and other clients with a focus on public equities. Founded in the mid-2010s, Ashe Capital employs a highly focused team investing in a concentrated portfolio of long-term holdings. The firm's filings indicate a boutique operation with under 20 employees, primarily serving as an asset manager for managed accounts and private investment funds.

Investment Strategy

Ashe Capital Management, LP follows a concentrated, research-driven investment approach, focusing primarily on public equities. The firm seeks to identify undervalued businesses with attractive long-term prospects, typically holding a small number of high-conviction positions. The investment philosophy emphasizes fundamental analysis, bottom-up stock picking, and a long-term ownership mindset, aiming to outperform through careful selection rather than broad diversification.

Top Buys
A
APPFAPPFOLIO INC
+$56.7M
T
TEAMATLASSIAN CORPORATION
-$53.0M
S
SHOPSHOPIFY INC
+$43.4M
F
FWONKLIBERTY MEDIA CORP DEL
+$38.1M
D
DDOGDATADOG INC
+$32.8M
Top Sells
A
APPFAPPFOLIO INC
+$56.7M
T
TEAMATLASSIAN CORPORATION
-$53.0M
S
SHOPSHOPIFY INC
+$43.4M
F
FWONKLIBERTY MEDIA CORP DEL
+$38.1M
D
DDOGDATADOG INC
+$32.8M

Top Holdings

A
APPFAPPFOLIO INC
+23.9%$306.6M
F
FWONKLIBERTY MEDIA CORP DEL
+21.4%$274.9M
S
SHOPSHOPIFY INC
+19.6%$252.1M
V
VEEVVEEVA SYS INC
+12.4%$158.5M
D
DDOGDATADOG INC
+9.8%$125.4M

Equity Positions (7)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
APPF
APPFOLIO INC23.89%$306.6M1,331,260$82.90$230.28+$56.7M
F
FWONK
LIBERTY MEDIA CORP DEL21.42%$274.9M2,631,048$62.30$104.50+$38.1M
S
SHOP
SHOPIFY INC19.64%$252.1M2,185,712$43.03$115.35+$43.4M
V
VEEV
VEEVA SYS INC12.35%$158.5M550,491$208.93$287.98+$31.0M
D
DDOG
DATADOG INC9.77%$125.4M933,878$51.69$134.33+$32.8M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+69.8%
TELEVISION BROADCASTING STATIONS
+30.2%