Union Square Park Capital Management, LLC
Union Square Park Capital Management, LLC is a hedge fund based in New York, NY. Founded in 2016, it manages public equity strategies and serves institutional and high net worth individual investors. As of 2025, the fund employs approximately 4 people and manages over $150 million in assets. The firm is registered with the SEC and reports regularly under CIK 0001666231.
Investment Strategy
Union Square Park Capital Management focuses primarily on US equities, balancing both long and short positions across sectors including consumer discretionary, technology, and energy. Portfolio activity reveals active management with new and reduced positions each quarter. Holdings are frequently revised based on market conditions, risk exposure, and emerging investment opportunities. The firm’s philosophy emphasizes fundamental analysis, sector rotation, and the use of equity derivatives (such as puts and calls) to optimize returns and manage downside risk.
Top Holdings
Equity Positions (38)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RH | RH | 3.97% | $9.5M | 50,000 | $238.44 | $189.01 | +$1.6M |
C CZR | CAESARS ENTERTAINMENT INC NE | 3.70% | $8.8M | 310,000 | $32.68 | $28.39 | +$1.8M |
E ESTA | ESTABLISHMENT LABS HLDGS INC | 3.05% | $7.3M | 170,000 | $45.11 | $42.71 | +$2.6M |
I ILPT | INDUSTRIAL LOGISTICS PPTYS T | 2.44% | $5.8M | 1,275,000 | $3.54 | $4.55 | +$1.7M |
S SPWH | SPORTSMANS WHSE HLDGS INC | 2.32% | $5.5M | 1,600,000 | $4.13 | $3.45 | +$3.4M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | New | Put | $45.4M | 735 | $617.85 | $617.85 | +735 | +$45.4M |
I IWM | ISHARES TR | Sold | Put | $37.8M | 1,750 | $215.79 | $202.16 | -500 | -$7.1M |
P PYPL | PAYPAL HLDGS INC | Bought | Call | $7.4M | 1,000 | $74.32 | $69.33 | +450 | +$3.8M |
P PLTR | PALANTIR TECHNOLOGIES INC | Sold | Call | $5.5M | 400 | $136.32 | $75.63 | -100 | +$1.2M |
H HOOD | ROBINHOOD MKTS INC | New | Call | $5.1M | 550 | $93.63 | $93.63 | +550 | +$5.1M |