Once Capital Management, LLC
Once Capital Management, LLC is a hedge fund manager based in New York, NY, United States. The firm, founded in 2021, operates as an SEC-registered investment adviser and manages approximately $297 million in assets under management (AUM) as of March 2025. The company employs 5 professionals, with most focused on investment management, and serves pooled investment vehicles such as hedge funds. Their client base is largely composed of non-U.S. investors.
Investment Strategy
Once Capital Management, LLC primarily manages hedge funds with a focus on long/short equity strategies, investing in both U.S. and non-U.S. public equities. The firm creates diversified portfolios, emphasizing fundamental analysis, and seeks to generate positive risk-adjusted returns for their pooled investment clients. They charge management fees as a percentage of AUM and earn performance-based fees for outperformance.
Top Holdings
Equity Positions (26)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 23.25% | $104.9M | 562,000 | $39.77 | $186.58 | +$16.5M |
A ASTS | AST SPACEMOBILE INC | 8.60% | $38.8M | 790,500 | $17.44 | $49.08 | +$6.5M |
S SPOT | SPOTIFY TECHNOLOGY S A | 6.21% | $28.0M | 40,100 | $204.57 | $698.00 | -$2.8M |
R RKLB | ROCKET LAB CORP | 5.91% | $26.6M | 556,000 | $36.10 | $47.91 | +$7.3M |
C CRWD | CROWDSTRIKE HLDGS INC | 5.55% | $25.0M | 51,000 | $239.02 | $490.38 | -$965.4K |