MARCATO CAPITAL MANAGEMENT LLC

Marcato Capital Management LLC is a hedge fund sponsor based out of San Francisco, California. The company was originally established in 2010 by founder Richard Trainor McGuire III who is still with the company today acting as its CEO and managing partner. Marcato Capital Management conducts its research both internally and externally, utilizing a fundamental methodology to make its investment decisions. The company invests in value stocks, allocating its assets across the public equity markets within the United States. Marcato Capital Management invests most heavily in the finance sector, which alone makes up over half of its total asset allocations, and also invests in the consumer discretionary, which makes up over another quarter of allocations, transports, and industrials sectors, among other sectors to a lesser degree, in order of decreasing allocations. The company holds its allocations an average of approximately 2.1 quarters and has had, in the most recent quarter, a turnover rate of 50%. Marcato Capital Management’s top 10 holdings make up almost the entirety of its total asset allocations, and its top holdings include the Bank of New York Mellon Corp, which alone makes up over a third of its total allocations, LPL Financial Holdings Inc., Goodyear Tire and Rubber Co., and Avis Budget Group Inc., all of which make up over 10% of its holdings. Marcato Capital Management holds over $3.8 billion in total asset allocations spread across 4 accounts, all of which are discretionary accounts. Although its total number of accounts has more or less stayed the same since its inception, its total assets under management has grown significantly, increasing from $142 million a year after its inception to well over twenty times that amount today. Marcato Capital Management currently caters exclusively to pooled investment vehicles. The firm takes advisory fees in the form of a percentage of assets and various performance based fees.