Sphera Management Technology Funds LTD
Sphera Funds Management Ltd., established in 2004 and based in Tel Aviv, Israel, is a leading hedge fund manager. The firm manages a variety of long/short equity strategies as well as a real estate private equity fund. With a team of over 20 professionals, Sphera serves a diverse investor base that includes pension funds, insurers, financial institutions, family offices, and high-net-worth individuals. The firm has a reputation for disciplined, fundamentals-driven investment and robust infrastructure to support institutional and sophisticated clients.
Investment Strategy
Sphera Funds Management specializes in long/short equity strategies alongside a real estate private equity fund. Their investment philosophy emphasizes a disciplined, fundamentals-driven approach, aiming for consistent risk-adjusted returns regardless of market cycles. The firm is noted for its sector expertise, especially in technology and healthcare, and leverages deep research, active portfolio management, and risk controls to generate alpha for institutional and sophisticated clients.
Top Holdings
Equity Positions (58)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 7.35% | $14.6M | 19,835 | $588.74 | $738.09 | +$3.4M |
A AMZN | AMAZON COM INC | 6.84% | $13.6M | 62,070 | $217.68 | $219.39 | +$2.1M |
M MSFT | MICROSOFT CORP | 6.17% | $12.3M | 24,684 | $444.56 | $497.41 | +$6.0M |
A AMD | ADVANCED MICRO DEVICES INC | 4.83% | $9.6M | 67,690 | $122.30 | $141.90 | +$5.4M |
N NVDA | NVIDIA CORPORATION | 3.70% | $7.4M | 46,640 | $128.30 | $157.99 | +$3.4M |
Options Positions (4)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | Bought | Put | $29.0M | 525 | $551.64 | $536.25 | +325 | +$19.6M |
N NICE | NICE LTD | Sold | Call | $3.9M | 228 | $168.91 | $168.26 | -50 | -$434.8K |
S S | SENTINELONE INC | — | Call | $2.6M | 1,400 | $18.28 | $18.18 | 0 | +$14.0K |
I INTC | INTEL CORP | Sold | Call | $672.0K | 300 | $22.40 | $20.05 | -700 | -$1.6M |