Boothbay Fund Management, LLC
Boothbay Fund Management, LLC is a hedge fund management firm headquartered in New York, NY. Founded in 2011, Boothbay focuses on managing multi-strategy investment funds and primarily serves institutional investors. The firm has around 28 employees and manages a significant pool of assets. It is known for its expertise in generating alpha through proprietary and opportunistic trading strategies across global markets.
Investment Strategy
Boothbay Fund Management, LLC pursues a multi-strategy investment approach, deploying capital across a range of strategies and asset classes, including equities, derivatives, credit, and event-driven investments. Their philosophy emphasizes active risk management, portfolio diversification, and tactical asset allocation, aiming to achieve superior risk-adjusted returns for clients. They utilize both fundamental and quantitative techniques to identify and exploit inefficiencies in global markets.
Top Holdings
Equity Positions (1,090)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CLM | CORNERSTONE STRATEGIC INVEST | 0.97% | $49.8M | 6,135,929 | $8.25 | $8.12 | +$6.0M |
N NVDA | NVIDIA CORPORATION | 0.96% | $49.3M | 312,232 | $106.72 | $157.99 | -$148.5M |
V VRNA | VERONA PHARMA PLC | 0.89% | $45.7M | 482,909 | $22.72 | $94.58 | +$15.6M |
A AMZN | AMAZON COM INC | 0.84% | $43.5M | 198,063 | $194.43 | $219.39 | +$10.3M |
T T | AT&T INC | 0.76% | $38.9M | 1,344,926 | $23.40 | $28.94 | +$17.3M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Bought | Put | $207.5M | 3,358 | $617.85 | $558.71 | +2,001 | +$131.6M |
N NVDA | NVIDIA CORPORATION | Bought | Put | $81.2M | 5,140 | $157.99 | $149.44 | +4,242 | +$71.5M |
K KKR | KKR & CO INC | Bought | Put | $61.2M | 4,604 | $133.03 | $134.58 | +4,124 | +$55.7M |
T TSLA | TESLA INC | Bought | Put | $60.8M | 1,914 | $317.66 | $316.74 | +1,884 | +$60.0M |
B BX | BLACKSTONE INC | Bought | Put | $56.1M | 3,748 | $149.58 | $149.58 | +3,748 | +$56.1M |