Worm Capital is a registered investment adviser that offers concentrated public equity strategies for private pooled investment vehicles organized as domestic limited partnerships. It maintains a flexible but long-term investment approach towards public markets. The firm seeks to compound investor capital on an annual basis by owning a highly select portfolio of high-growth business models that are often misunderstood and mispriced in the short-term.
This strategy seeks long-term capital appreciation by investing in a portfolio of publicly traded equity investments identified as potentially exhibiting superior and sustainable growth compared with the market. This strategy is highly concentrated and will have more stock-specific risk and potentially lower correlation with the benchmark than a fully diversified strategy.
This strategy seeks a positive, above-average absolute return over a diverse set of market environments by investing in a concentrated portfolio comprised mainly of long and short equity investments and strategic options positions. The strategy does not have a long or short bias mandate. It uses leverage through the shorting of equities and may use cash proceeds to purchase other investments.
Assets under management: $346 million (as of December 31, 2020)