Rivulet Capital, LLC
Rivulet Capital, LLC is a private investment management firm headquartered in Summit, New Jersey. Established in 2012, Rivulet is best known for managing a concentrated, long/short equity investment strategy primarily serving institutional investors and high-net-worth individuals. The firm is led by N. Barry Opportunity, and is registered with the SEC. Employee count is estimated to be under 25.
Investment Strategy
Rivulet Capital employs a long/short equity strategy with a focus on fundamental research and a concentrated portfolio. The firm seeks to identify misunderstood companies with significant long-term capital appreciation potential while using short positions to manage risk and generate additional alpha. The approach is bottom-up, seeking high conviction investments across North American and international equities.
Top Holdings
Equity Positions (13)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PTC | PTC INC | 12.23% | $126.1M | 731,450 | $125.25 | $172.34 | +$5.1M |
D DHR | DANAHER CORPORATION | 11.10% | $114.3M | 578,750 | $217.46 | $197.54 | +$6.6M |
C CP | CANADIAN PACIFIC KANSAS CITY | 10.31% | $106.3M | 1,340,400 | $71.04 | $79.27 | +$20.8M |
W WDAY | WORKDAY INC | 9.18% | $94.6M | 394,046 | $176.57 | $240.00 | -$26.9M |
M MA | MASTERCARD INCORPORATED | 7.64% | $78.8M | 140,150 | $265.86 | $561.94 | -$11.6M |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
B Barry Lebovits | Managing Partner | New York, NY , United States | |
 | Partner | New York, NY , United States | |
 | Partner | New York, NY , United States | |
 | Partner | New York, NY , United States |