Truffle Hound Capital, LLC
Truffle Hound Capital, LLC is an SEC-registered investment adviser headquartered in Bethesda, Maryland. Founded in 2002, the firm employs 7 investment professionals and manages assets for pooled investment vehicles, focusing primarily on institutional investors and private funds. The firm is led by Stephen Bauer (CEO and CIO).
Investment Strategy
Truffle Hound Capital implements a global value-oriented investment strategy, investing in concentrated positions across various asset classes with a strong bias toward equities. The firm typically seeks undervalued securities worldwide, using bottom-up fundamental analysis and a long-term investment horizon. Truffle Hound Capital’s portfolio appears highly concentrated, with its top ten holdings accounting for over 70% of assets, and employs discretionary management fully tailored to pooled investment vehicles.
Top Holdings
Equity Positions (53)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AMLP | ALPS ETF TR | 3.00% | $11.7M | 240,000 | $48.36 | $48.86 | +$2.9M |
C CIB | GRUPO CIBEST SA | 2.95% | $11.5M | 250,000 | $46.19 | $46.19 | +$11.5M |
F FAX | ABRDN ASIA PACIFIC INCOME FU | 2.44% | $9.6M | 600,000 | $14.92 | $15.92 | +$1.7M |
G GOOGL | ALPHABET INC | 2.03% | $7.9M | 45,000 | $185.52 | $176.23 | +$3.0M |
P PAGS | PAGSEGURO DIGITAL LTD | 1.97% | $7.7M | 800,000 | $6.26 | $9.64 | +$1.6M |