Prentice Capital Management, LP
Prentice Capital Management, LP is a hedge fund headquartered in New York, NY, USA, founded in 2005. The firm primarily manages investment advisory services for privately placed pooled investment vehicles and institutional clients. As a boutique firm, Prentice Capital is relatively small, employing approximately 5 professionals, and serves a select group of investors including high-net-worth individuals, family offices, and institutional allocators.
Investment Strategy
Prentice Capital Management, LP primarily pursues long/short equity strategies, focusing on fundamental research to identify undervalued and overvalued securities. The firm allocates capital across various sectors, aiming to generate alpha through both directional positions and arbitrage opportunities. Their approach emphasizes risk management and seeks to protect downside while capturing upside potential through disciplined investment selection and active portfolio management.
Top Holdings
Equity Positions (28)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GRPN | GROUPON INC | 16.14% | $9.7M | 289,612 | $14.41 | $33.45 | -$3.1M |
S SNAP | SNAP INC | 12.06% | $7.2M | 833,145 | $10.79 | $8.69 | +$1.3M |
N NN | NEXTNAV INC | 10.94% | $6.6M | 432,022 | $9.18 | $15.20 | +$2.6M |
B BMBL | BUMBLE INC | 6.59% | $4.0M | 600,150 | $5.27 | $6.59 | +$1.4M |
P PTON | PELOTON INTERACTIVE INC | 6.58% | $4.0M | 569,362 | $6.48 | $6.94 | -$363.5K |