RGM Capital, LLC
RGM Capital, LLC is a hedge fund and SEC-registered investment adviser headquartered in Naples, Florida. Founded in 2003 by Robert G. Moses, the firm employs a value-oriented approach to manage assets for sophisticated and institutional investors. RGM Capital focuses on equity strategies and serves both private pooled investment vehicles and separately managed accounts. As of March 2024, the firm manages approximately $2.89 billion in assets across 13 clients. The company is recognized for its specialization in secular growth companies and publicly traded securities, maintaining a concentrated portfolio with top holdings in leading industry names. RGM Capital has a modest employee count and serves a diverse client base that includes high net-worth individuals and institutions.
Investment Strategy
RGM Capital pursues a value-oriented investment strategy with a focus on secular growth companies and publicly traded equities. The firm uses discretionary management within hedge fund vehicles and separately managed accounts, aiming to identify undervalued investment opportunities in growing sectors. Portfolio construction emphasizes a concentrated approach, evidenced by a high concentration in top holdings. RGM invests for long-term capital appreciation for sophisticated and institutional clients, combining deep fundamental research with targeted security selection across diverse industries.
Top Holdings
Equity Positions (19)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DT | DYNATRACE INC | 9.06% | $223.7M | 4,052,101 | $42.72 | $55.21 | +$32.9M |
C CYBR | CYBERARK SOFTWARE LTD | 7.86% | $194.1M | 477,055 | $96.87 | $406.88 | +$16.9M |
T TYL | TYLER TECHNOLOGIES INC | 6.92% | $170.9M | 288,263 | $338.83 | $592.84 | -$6.0M |
C CSGP | COSTAR GROUP INC | 6.91% | $170.7M | 2,122,703 | $69.71 | $80.40 | -$5.8M |
V VRNS | VARONIS SYS INC | 5.65% | $139.5M | 2,748,513 | $32.95 | $50.75 | +$30.0M |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
 | Partner | Naples, FL , United States | |
T Tyler Boone | Research Analyst | Naples, FL , United States |