Farallon Capital Management LLC
Farallon Capital Management, L.L.C. is a global institutional asset management firm headquartered in San Francisco, California, with additional offices in London, Singapore, Hong Kong, Tokyo, and São Paulo. Established in 1986, Farallon is one of the world's largest and most established alternative asset managers, with a team of over 340 employees. The firm exclusively serves institutional clients, including private investment funds, charitable organizations, endowments, businesses, and government entities.
Investment Strategy
Farallon employs a flexible, multi-strategy investment approach emphasizing capital preservation and superior risk-adjusted returns. Its strategies include long/short equity, direct investments (private equity-like), real estate, merger arbitrage, and credit investments. Farallon’s disciplined process uses bottom-up fundamental analysis and allows for dynamic allocation across asset classes and geographies based on prevailing opportunities. The firm favors a consistent philosophy with adaptive execution according to market conditions.
Top Holdings
Equity Positions (131)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 14.66% | $3.40B | 5,500,000 | $617.85 | $617.85 | +$3.40B |
M MSFT | MICROSOFT CORP | 3.75% | $869.4M | 1,747,835 | $299.29 | $497.41 | +$11.3M |
N NTRA | NATERA INC | 3.51% | $814.6M | 4,821,809 | $74.68 | $168.94 | +$171.5M |
H HES | HESS CORP | 3.47% | $804.2M | 5,805,000 | $149.04 | $138.54 | -$62.3M |
A AON | AON PLC | 3.06% | $708.7M | 1,986,417 | $324.26 | $356.76 | +$330.3M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HYG | ISHARES TR | New | Put | $1.45B | 180,000 | $80.65 | $80.65 | +180,000 | +$1.45B |
R RSP | INVESCO EXCHANGE TRADED FD T | Bought | Put | $418.0M | 23,000 | $181.74 | $181.74 | +23,000 | +$418.0M |
Industry Allocation
Investment Team (8)
| Name | Role | Location | |
|---|---|---|---|
 | Partner | San Francisco, CA , United States | |
 | Analyst | New York, NY , United States | |
 | General Partner Services Lead | New York, NY , United States | |
 | Investment Analyst - Healthcare | San Francisco, CA , United States | |
A Adam Vukosa | Analyst | CA , United States | |
A Andrew Spokes | Managing Partner | San Francisco, CA , United States | |
 | Analyst | Singapore | |
 | Analyst | San Francisco, CA , United States |