Cannon Global Investment Management, LLC
Cannon Global Investment Management, LLC is a hedge fund and investment adviser based in Davie, Florida, United States. The firm was founded in 2019 and is registered with the SEC. It manages pooled investment vehicles, such as private funds, with an AUM of approximately $76.3 million as of March 2024. Cannon Global operates with a small team of 2 employees, both of whom are investment professionals, focusing primarily on sophisticated institutional and high net worth clients through its private funds.
Investment Strategy
Cannon Global Investment Management, LLC employs active management strategies for pooled investment vehicles, focusing on U.S.-listed equities and other securities. The firm's holdings and portfolio activity indicate a dynamic and opportunistic trading approach, with positions concentrated in diversified sectors, including technology, industrials, and financials. The firm frequently starts new positions and adjusts existing ones to capitalize on market trends and value opportunities, aiming for absolute returns, as is typical among hedge funds.
Top Holdings
Equity Positions (63)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HES | HESS CORP | 4.11% | $2.0M | 14,500 | $136.18 | $138.54 | +$12.2K |
B BSY | BENTLEY SYS INC | 3.07% | $1.5M | 27,800 | $51.90 | $53.97 | +$981.1K |
A AGNC | AGNC INVT CORP | 3.01% | $1.5M | 160,000 | $9.98 | $9.19 | +$272.9K |
A ALE | ALLETE INC | 2.98% | $1.5M | 22,700 | $64.72 | $64.07 | +$863.1K |
A ALSN | ALLISON TRANSMISSION HLDGS I | 2.80% | $1.4M | 14,400 | $95.65 | $94.99 | +$372.9K |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Sold | Put | $10.8M | 175 | $617.85 | $559.39 | -100 | -$4.6M |
M MSTR | MICROSTRATEGY INC | New | Call | $1.2M | 30 | $404.23 | $404.23 | +30 | +$1.2M |