WS MANAGEMENT LLLP

WS Management LLLP is a hedge fund sponsor based out of Jacksonville, Florida. WS Management LLLP is a relatively small company in the open ended investment management industry. The company was originally established as WS Capital in 1997 by cofounders Gordon Stacy Smith and Reid Samuel Walker, both of whom are still with the company today acting as the company’s two principals. WS Management LLLP utilizes a fundamental methodology to make its investment decisions, allocating its assets in the public equity markets within the United States. The company utilizes a bottom up investment approach to allocate its assets, launching and managing hedge funds for its clients. WS Management LLLP invests most heavily in the finance sector, which alone makes up well over a third of its total asset allocations, and also invests in the consumer discretionary, information technology, transports, materials, health care, energy, and industrials sectors, among other sectors to a lesser degree, in order of decreasing asset allocated. The company’s current top 10 holdings include Berkshare Hathaway, both in Class A and Class B, Wells Fargo & Co., Amazon Inc., Express Scripts, Alibaba Group Holding Limited, TJX Companies Inc., CarMax Inc., Flextronics International Inc., and SPDR Gold Trust ETF, together making up approximately 56.4% of its total holdings. The company’s top holdings in Berkshire Hathaway, when its shares in Class A and Class B, respectively approximately 14.8% and 12.2%, make up over a quarter of its total asset allocations. WS Management LLLP has had a relatively high rate of turnover in the most recent quarter of approximately 51.4%. Although some of its smaller held sector allocations have experienced a much greater variety of fluctuations and volatility, its top two sector allocations, namely in finance and consumer discretionary, have stayed more or less the same ratio in terms of sector allocations.