GMT Capital Corp.
GMT Capital Corp is a hedge fund and registered investment adviser based in Atlanta, Georgia, founded in 1993 by Tom Claugus. The firm manages the Bay Resource Partners Funds and employs approximately 19 people. GMT Capital Corp allocates assets both long and short across multiple markets and sectors, serving institutional and qualified investors. The firm operates as a fiduciary, regulated by the SEC, and charges asset-based and performance fees.
Investment Strategy
GMT Capital Corp employs a long-term, value-driven investment strategy with a primary focus on long/short equity investments. The firm invests across all markets and sectors, with a flexible approach that allows both long and short positions, enabling them to capitalize on market inefficiencies and manage risk actively. Their philosophy prioritizes fundamental analysis and risk-adjusted returns over market cycles.
Top Holdings
Equity Positions (71)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HBM | HUDBAY MINERALS INC | 14.14% | $337.8M | 31,899,020 | $10.61 | $10.61 | +$337.8M |
D DAL | DELTA AIR LINES INC DEL | 11.35% | $271.2M | 5,515,100 | $32.80 | $49.18 | +$37.9M |
C CBRL | CRACKER BARREL OLD CTRY STOR | 7.24% | $173.1M | 2,833,700 | $45.14 | $61.08 | +$94.3M |
K KD | KYNDRYL HLDGS INC | 5.56% | $132.8M | 3,164,060 | $23.62 | $41.96 | +$16.8M |
T TNL | TRAVEL PLUS LEISURE CO | 5.28% | $126.1M | 2,443,841 | $37.33 | $51.61 | +$11.6M |
Industry Allocation
Investment Team (5)
| Name | Role | Location | |
|---|---|---|---|
I Iryna Gamble | Vice President, Corporate Controller | Atlanta, GA , United States | |
 | Portfolio Manager | Atlanta, GA , United States | |
 | Portfolio Manager | Epping, NSW, Australia | |
T Thomas Calzia | Equity Portfolio Manager | London, United Kingdom | |
T Tom Claugus | President | Atlanta, GA , United States |