Southpoint Capital Advisors LP

Southpoint Capital Advisors LP us a hedge fund sponsor based out of New York City, New York. The company was originally established in 2004 by founder John S. Clark II, who is still with the company today acting as its managing member and portfolio manager and who has the majority ownership in the company. Southpoint Capital Advisors conducts its research internally and utilizes a fundamental methodology to make its investment decision. The company invests in the public equity, alternative, and fixed income markets within the United States, utilizing a long short strategy with a bottom up investment approach to invest primarily in the value stocks of companies. Southpoint Capital Advisors invests most heavily in the information technology sector, which alone makes up over a quarter of the firm’s total asset allocations, and also invests in the consumer discretionary, health care, finance, materials, and real estate sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations an average of just over 4 quarters although the company holds its top 10 quarters of an average of only 1.3 quarters. In the most recent quarter, Southpoint Capital Advisors had a turnover rate of 40%. The company now operates with 18 total employees of which 12 are investment professionals. Southpoint Capital Advisors manages over $3.3 billion in total assets under management spread across 2 accounts, both of which are discretionary accounts. Although the firm’s total number of accounts has remained at a steady 2 in recent years, its total assets under management has been increasing, growing significantly from $1.5 billion back in 2012 to well over twice that amount today. Southpoint Capital Advisors currently caters exclusively to pooled investment vehicles. The company takes advisory fees in the form of a mix of percentage of assets and various performance based fees.