COMMONWEALTH OPPORTUNITY CAPITAL GP LLC

Commonwealth Opportunity Capital GP LLC is an investment management firm based out of Los Angeles, California. The company was founded in 2008 by cofounders Reagan W. Silber and Adam B. Fisher, both of whom are still with the company today acting as its Chairman and CIO, respectively. Commonwealth Opportunity Capital has grown from its inception to now operate with 21 employees. The company handles over $1.6 billion in total assets under management spread across 8 accounts, all of which are discretionary accounts. Both of Commonwealth Opportunity Capital’s total number of managed accounts and total assets under management have been increasing in recent years with its total assets under management growing significantly from under $300 million back in 2012 to well over 5 times that amount today. The company mainly focuses on a global macro strategy for its investment decisions, focusing on constructing a more holistic, encompassing view of various direct and indirect influences on financial markets. Commonwealth Opportunity Capital’s investment methodology is fundamental and utilizes a top down approach. The company invests most heavily in the finance sector, which alone makes up almost three quarters of its total asset allocations, and allocates the remainder of its managed assets in the materials sector. Commonwealth Opportunity Capital only has 10 holdings in total, with its highest holding in iShares MSCI Emerging Markets Index Fund alone making up over a quarter of its allocations and its lowest holdings in Bank of America Corp. making up less than 2% of its total. The company’s turnover rate is extremely high as can be seen with its complete sell off of a majority of its holdings in the last quarter. Commonwealth Opportunity Capital mainly caters to pooled investment vehicles, which alone makes up two thirds of its client base, and also provides services to investment advisors.