Telemark Asset Management, LLC
Telemark Asset Management, LLC is a hedge fund manager headquartered in Boston, Massachusetts. Founded in 2003 by Colin S. McNay, the firm operates as a privately owned investment adviser focused on long/short equity strategies. Telemark manages funds primarily for pooled investment vehicles and institutional investors. The firm is small, with an employee count of 3, and reports more than $1 billion in assets under management as of mid-2025.
Investment Strategy
Telemark Asset Management, LLC employs a discretionary long/short equity strategy, focusing on U.S. and global public equity markets. The firm builds a concentrated portfolio with both long and short positions, aiming to generate alpha through deep fundamental research and active risk management. Their approach is opportunistic, targeting mispriced securities across sectors, often with a bias toward technology and growth companies. Telemark's portfolio typically includes core holdings as well as tactical trades to capitalize on market dislocations.
Top Holdings
Equity Positions (48)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 8.60% | $94.8M | 600,000 | $32.62 | $157.99 | +$8.1M |
C CCJ | CAMECO CORP | 6.73% | $74.2M | 1,000,000 | $26.76 | $74.23 | +$33.1M |
H HEI | HEICO CORP NEW | 4.17% | $45.9M | 140,000 | $103.44 | $328.00 | +$8.5M |
M META | META PLATFORMS INC | 4.02% | $44.3M | 60,000 | $501.47 | $738.09 | +$24.1M |
C CSGP | COSTAR GROUP INC | 4.01% | $44.2M | 550,000 | $81.51 | $80.40 | +$4.6M |