Big News: We crossed $100M in AUM at Spear Alpha $SPRX . Everyone keeps asking how we did it, so here you go:
When I started this fund ~5 years ago, we had ~$0 million in AUM.
Today we are at $150M. The secret to our growth has been returns.
SPRX has returned 220% over the past 3 years …significantly outperforming the S&P 500 and the Nasdaq.
Here's what we do differently:
At Spear, we hold only 20-25 companies at any given time and pick the winning stocks rather than an entire sector.
We look for stocks that will deliver outsized returns over the next 6-12 months and hold up in the long term.
So how do we know which ones will win?
We talk directly to companies, sit in investor conferences, and run customer surveys to understand what's really happening on the ground.
We analyze balance sheets and study supply chains to identify opportunities others are missing.
On the other hand, most ETF managers compile a list of 20 popular stocks without doing any fundamental research.
We are in the weeds, finding what's next while everyone else piles into what's already happened.
By the time something hits mainstream media, the real money has already been made.
→ That's why we caught Chips in '23 before anyone was talking about it
→ Why we were in Quantum in '24 when it was still considered fringe
→ Why we positioned ourselves in Networking and Optics in '24-'25 before it became the narrative
So when the market dips and everyone panics, that's when we find our best opportunities.
Because risk management means understanding exactly what you own and why you own it.
Our ideal investor is focused on compounding returns over time and adding on dips when others are selling. They are not looking for the hot stock of the week.
Fundamental investing is hard work. It takes time, money, and effort that most managers don't want to or can’t afford to spend.
That's exactly what gives us the edge at Spear Funds.
Search SPRX to see what a true hedge fund approach can do for your portfolio.
Thank you to @Nasdaq for being a great partner and to every investor who's been part of this journey.
If you are new to the story and want to learn more, join our Outlook call. Link in comments.
--------------------
Disclosures: for prospectus, holdings and standardized performance visit https://t.co/wjSkWs00Xt
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.