BlueMountain Capital Management, LLC
|BlueMountain Capital Management, LLC|
|Last update 2020-11-19||1 Stocks (0 new)|
|Value $80.00 Mil||Turnover 0 %|
BlueMountain Capital Management, LLC Profile
BlueMountain Capital Management, LLC is a hedge fund sponsor based out of New York City. The company was established in 2003 by cofounders Andrew Todd Feldstein and Stephen Siderow, both of whom are still with the company today acting as its CEO and President. BlueMountain Capital Management has grown from its inception to now have locations in Tokyo and London with 272 employees of which 136 are investment professionals. The company conducts its research internally and utilizes fundamental and quantitative methodologies to make its investment decisions. BlueMountain Capital Management invests in the fixed income, public equity, and alternative investment markets on a global scale. The company invests most heavily in the consumer discretionary sector, which makes up over a sixth of its total asset allocations, and also invests in the finance, materials, information technology, health care, energy, and industrials sectors, among other sectors to a lesser degree, in order of decreasing allocation. BlueMountain Capital Management’s top 10 holdings together make up over a quarter of its total holdings and the company has a relatively high turnover rate of approximately 65%. The company holds over $27.5 billion in total assets under management spread across 55 accounts, all of which are discretionary accounts except for one which makes up a minor $190 million of its managed assets. Both of BlueMountain Capital Management’s total number of accounts and total assets under management have been increasing in recent years with its total managed assets growing significantly from $5.2 billion back in 2010 to experience a growth of approximately 4 times that amount today. The company mainly caters to pooled investment vehicles, which alone makes up over half of its client base, and also caters to corporations and other businesses, among others, in order of decreasing clientele. BlueMountain Capital Management currently offers 12 investment strategies.
BlueMountain Capital Management, LLC Investing Philosophy