Simcoe Capital Management, LLC
Simcoe Capital Management, LLC is a hedge fund headquartered in New York, NY, United States. Founded in 2015, the firm manages assets for institutional investors, focusing on public equity markets and is registered as an investment adviser with the SEC. The firm appears to be relatively small, with a modest AUM and streamlined operations, serving primarily sophisticated investors and entities.
Investment Strategy
Simcoe Capital Management primarily engages in hedge fund strategies targeting public equities, with an emphasis on fundamental research and concentrated positions in select companies. The firm participates actively in proxy voting and shareholder engagement, employing deep value and event-driven investment methods to identify mispriced securities, often holding significant stakes and engaging with management to enhance shareholder value.
Top Holdings
Equity Positions (20)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GIL | GILDAN ACTIVEWEAR INC | 10.57% | $106.6M | 2,165,100 | $38.60 | $49.24 | +$10.2M |
P PRKS | UNITED PARKS & RESORTS INC | 10.11% | $102.0M | 2,163,970 | $51.48 | $47.15 | +$3.2M |
D DFIN | DONNELLEY FINL SOLUTIONS INC | 6.34% | $64.0M | 1,037,735 | $28.46 | $61.65 | +$30.1M |
F FLEX | FLEX LTD | 5.65% | $57.0M | 1,141,000 | $36.42 | $49.92 | +$20.9M |
W WT | WISDOMTREE INC | 5.62% | $56.7M | 4,924,550 | $9.41 | $11.51 | +$21.1M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I IWM | ISHARES TR | New | Put | $323.5M | 14,990 | $215.79 | $215.79 | +14,990 | +$323.5M |