Morangie Management LLC
Morangie Management LLC is a registered investment adviser headquartered in Vero Beach, Florida, founded in August 2024. The firm is owned by Geraldine McManus and Joseph Hand, and it serves institutional and high-net-worth clients with a focus on public equities. As a relatively new firm, it currently manages over $100 million and reports to the SEC as an investment adviser.
Investment Strategy
Morangie Management LLC manages a diversified portfolio with a focus on liquid, publicly traded equities and ETFs, emphasizing U.S.-listed large-cap and growth companies across technology, consumer, and financial sectors. The firm takes both long and short positions to take advantage of market opportunities and regularly rebalances its holdings based on market research, with significant positions in major index ETFs (e.g., SPY, QQQ) and top stocks (e.g., AMZN, AAPL, MSFT). The investment approach is flexible, risk-managed, and data-driven, seeking to outperform broad market benchmarks while maintaining a prudent risk profile.
Top Holdings
Equity Positions (30)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 12.78% | $14.8M | 22,196 | $590.35 | $666.18 | +$991.5K |
D DKNG | DRAFTKINGS INC NEW | 12.12% | $14.1M | 375,740 | $37.06 | $37.40 | -$2.2M |
K KVYO | KLAVIYO INC | 11.21% | $13.0M | 469,756 | $41.24 | $27.69 | -$3.2M |
A AMZN | AMAZON COM INC | 9.93% | $11.5M | 52,467 | $219.39 | $219.57 | +$7.0K |
Q QQQ | INVESCO QQQ TR | 6.68% | $7.8M | 12,899 | $511.23 | $600.37 | +$591.2K |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
D DKNG | DRAFTKINGS INC NEW | — | Call | $29.9K | 8 | $37.40 | $33.21 | 0 | -$4.4K |
K KVYO | KLAVIYO INC | Sold | Call | $13.8K | 5 | $27.69 | $36.85 | -10 | -$33.4K |