Townsquare Capital LLC
Townsquare Capital LLC is a registered investment adviser headquartered in Provo, Utah. Founded in June 2017, the firm provides sub-advisory asset management services to third-party investment advisors, managing assets for underlying clients who are typically end-investors served through financial advisers. As of July 2022, Townsquare became a wholly-owned subsidiary of Orion Advisor Solutions, itself backed by Genstar Capital Partners and TA Associates. The firm manages over $15 billion in assets and employs approximately 25 professionals, most of whom are investors. Townsquare Capital serves investment advisers, house accounts, and sophisticated investors, focusing primarily on sub-advisory relationships.
Investment Strategy
Townsquare Capital LLC primarily offers sub-advisory asset management services to other registered investment advisers (RIAs). The firm constructs and manages portfolios across equities, fixed income, ETFs, mutual funds, private placements, structured notes, and alternatives, tailored to meet the goals and objectives provided by the Primary Investment Adviser for their end client. Investment recommendations are customized, considering both discretionary and non-discretionary mandates, with a flexible approach enabling Townsquare to advise on assets held at inception or acquired subsequently. Townsquare's investment philosophy emphasizes diversified exposure, risk management, and strategies aligned to the specific needs of RIAs and their underlying clients.
Top Holdings
Equity Positions (603)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 3.46% | $35.5M | 71,454 | $270.28 | $497.41 | -$148.4M |
S SPYG | SPDR SERIES TRUST | 2.65% | $27.2M | 285,224 | $67.08 | $95.32 | -$311.1M |
M META | META PLATFORMS INC | 2.59% | $26.6M | 35,973 | $414.75 | $738.09 | -$67.3M |
A AAPL | APPLE INC | 2.41% | $24.7M | 120,540 | $167.28 | $205.17 | -$177.0M |
A AMZN | AMAZON COM INC | 2.29% | $23.5M | 107,260 | $138.52 | $219.39 | -$161.4M |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
 | Associate Portfolio Manager | Salt Lake City, UT , United States | |
 | President | Provo, UT , United States |