Birnam Oak Advisors, LP
Birnam Oak Advisors, LP is a hedge fund manager based in New York, NY, operating as a registered investment adviser. Founded in or before 2024, the firm manages assets for a small number of institutional clients. Birnam Oak discloses its holdings via SEC filings and employs a discretionary investment approach. The firm maintains a limited number of employees, reflecting a boutique operation.
Investment Strategy
Birnam Oak Advisors, LP primarily employs a discretionary investment strategy focused on US and global equities, actively managing a concentrated portfolio with a high percentage allocated to its top positions. The firm exhibits significant portfolio turnover, frequently adjusting exposure based on relative value, event-driven opportunities, and macroeconomic factors. The firm's holdings suggest a focus on both growth and value stocks, employing fundamental research and opportunistic trading to achieve risk-adjusted returns for institutional clients.
Top Holdings
Equity Positions (22)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HES | HESS CORP | 14.34% | $48.5M | 350,270 | $141.55 | $138.54 | +$13.3M |
K K | KELLANOVA | 11.10% | $37.6M | 472,491 | $79.53 | $79.53 | +$37.6M |
C CHX | CHAMPIONX CORPORATION | 10.87% | $36.8M | 1,480,613 | $28.51 | $24.84 | -$5.7M |
A ACWI | ISHARES TR | 10.52% | $35.6M | 276,800 | $117.58 | $128.60 | +$3.6M |
I IPG | INTERPUBLIC GROUP COS INC | 7.99% | $27.0M | 1,104,191 | $26.08 | $24.48 | +$11.3M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HES | HESS CORP | New | Call | $4.2M | 300 | $138.54 | $138.54 | +300 | +$4.2M |
K KSS | KOHLS CORP | Sold | Call | $678.4K | 800 | $8.48 | $9.36 | -197 | -$137.1K |