Blacksheep Fund Management LTD
Blacksheep Fund Management Ltd is an Ireland-based hedge fund investment firm headquartered in Blackrock, Dublin. The firm is registered with the SEC (CIK: 0001800249). It manages alternative investment vehicles and has reported as managing assets on behalf of pooled investment vehicles such as hedge funds. It conducts fundamental long/short equity strategies with a focus on public securities and derivatives. Founded prior to 2019, the firm has managed several master and feeder structures. Employee count is not publicly disclosed.
Investment Strategy
Blacksheep Fund Management Ltd primarily deploys a fundamental discretionary long/short equity strategy, investing in global public equities and related derivatives. The firm actively manages concentrated positions and adjusts exposure tactically based on a blend of company-specific research and sector trends. Its portfolio often incorporates a small number of high conviction positions such as Liberty Media and Tucows, as evidenced by the concentration of its 13F filings. The fund aims for outperformance while maintaining an opportunistic approach to new and divested positions.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FWONK | LIBERTY MEDIA CORP DEL | 56.04% | $40.0M | 383,056 | $91.83 | $104.50 | +$5.6M |
T TCX | TUCOWS INC | 30.13% | $21.5M | 1,091,985 | $60.41 | $19.71 | +$3.1M |
F FWONA | LIBERTY MEDIA CORP DEL | 13.83% | $9.9M | 104,010 | $82.95 | $94.96 | +$1.4M |