Act Two Investors LLC
Act Two Investors LLC is a California-based SEC-registered investment adviser founded in 2018 and headquartered in Carmel, CA. The firm manages approximately $581 million in assets for around 300 clients, primarily serving high net worth individuals, along with a small number of other individuals and pension plans. The firm is small in size, reportedly staffed by a single employee (100% investment-focused), and is locally owned and managed.
Investment Strategy
Act Two Investors LLC focuses on discretionary portfolio management for high net worth individuals and other select clients, allocating assets primarily across liquid U.S. equities. Their reported top holdings typically concentrate in large-cap technology and financial companies such as Microsoft, Alphabet, Amazon, and Visa. The strategy appears to emphasize concentrated, fundamental analysis-driven investments in established public companies, with moderate portfolio turnover and a long-term investment approach.
Top Holdings
Equity Positions (37)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 15.28% | $74.9M | 150,484 | $241.64 | $497.41 | +$17.9M |
G GOOG | ALPHABET INC | 9.59% | $47.0M | 264,884 | $91.84 | $177.39 | +$3.7M |
A AMZN | AMAZON COM INC | 8.45% | $41.4M | 188,723 | $112.43 | $219.39 | +$5.3M |
V V | VISA INC | 7.69% | $37.7M | 106,166 | $215.37 | $355.05 | +$141.8K |
T TMUS | T-MOBILE US INC | 7.59% | $37.2M | 156,156 | $139.25 | $238.26 | -$9.0M |