Wishbone Management, LP
Wishbone Management, LP is a hedge fund based in Chicago, Illinois, United States. The firm was founded around 2011, employs approximately 21 professionals, and primarily manages pooled investment vehicles. It does not serve individual investors but focuses on institutional clients such as investment funds. Wishbone Management specializes in managing equity portfolios and provides discretionary investment management to a select number of clients.
Investment Strategy
Wishbone Management, LP follows a fundamental, research-driven investment strategy with a focus on equity securities. The firm manages concentrated portfolios, typically holding a small number of positions, and may employ both long and short positions to generate returns. The strategy emphasizes deep analysis of company fundamentals and value-oriented stock selection, seeking to generate superior risk-adjusted returns primarily through active management of publicly traded equities.
Top Holdings
Equity Positions (4)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AVT | AVNET INC | 30.99% | $68.5M | 1,290,000 | $49.26 | $53.08 | +$6.4M |
C CPA | COPA HOLDINGS SA | 23.52% | $52.0M | 472,500 | $93.76 | $109.97 | +$8.3M |
L LSPD | LIGHTSPEED COMMERCE INC | 22.98% | $50.8M | 4,336,726 | $9.20 | $11.71 | +$18.6M |
M MSFT | MICROSOFT CORP | 22.51% | $49.7M | 100,000 | $497.41 | $497.41 | +$49.7M |