Hood River Capital Management LLC
Hood River Capital Management LLC is an SEC-registered investment adviser founded in 2013. The firm manages multi-strategy equity portfolios including Small-Cap Growth, Small/Mid-Cap Growth, and International Opportunity, primarily on a discretionary basis for a variety of client accounts and advised mutual funds. Their investment approach focuses on proprietary fundamental research, aiming to identify information gaps between their earnings estimates and Wall Street expectations, particularly in less efficient markets such as international small-cap equities. The firm is independently owned and operates with a service-level agreement for administrative support from Mar Vista Investment Partners, LLC, though the two firms are not affiliates.
Investment Strategy
Multi-strategy equity portfolios (Small-Cap Growth, Small/Mid-Cap Growth, International Opportunity) with a focus on fundamental, bottom-up research to exploit information inefficiencies in small and mid-cap equities, primarily in the US and internationally. The international strategy is long-only, typically holding 80–85 stocks benchmarked to the MSCI ACWI Ex USA Small Cap.
Top Holdings
Equity Positions (146)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MTZ | MASTEC INC | 4.03% | $288.5M | 1,692,656 | $101.69 | $170.43 | +$107.1M |
D DAVE | DAVE INC | 4.00% | $286.8M | 1,068,549 | $78.83 | $268.41 | +$193.7M |
A APLD | APPLIED DIGITAL CORP | 3.07% | $220.1M | 21,859,031 | $5.78 | $10.07 | +$100.6M |
L LITE | LUMENTUM HOLDINGS INC | 2.93% | $209.7M | 2,206,453 | $80.92 | $95.06 | +$134.2M |
Q QXO | QXO INC | 2.50% | $178.8M | 8,302,495 | $21.54 | $21.54 | +$178.8M |
Industry Allocation
Investment Team (3)
| Name | Role | Location | |
|---|---|---|---|
R Robert Marvin | Partner | Portland, OR , United States | |
 | Research Analyst - Biotechnology | United States | |
L Lance Cannon | Portfolio Manager | Palm Beach Gardens, FL , United States |