STONY POINT CAPITAL
We focus on disruptive product cycles and significant consumer value shifts across technology and consumer-related businesses
Stony Point Capital is a long/short equity investment adviser launched by Portfolio Manager Ricky Walters in January 2015 with a history of success.
We apply fundamental research and data-driven analysis in an effort to generate a positive spread between long and short books.
We focus on disruptive product cycles and significant consumer value shifts across technology and consumer-related businesses.
We put a strong emphasis on <$20bn market cap companies where we believe innovation is most pronounced, and Stony Point's expertise allows for the capture of significant dispersion
Our research process focuses on products as leading indicators to financial changes, which should result in significant stock moves and alpha generation in long and short books
This thesis-driven approach is centered on the Most Important Question (MIQ), concentrating on the variable driving stock variance
Our proprietary risk management program is designed to control volatility from individual positions, sectors, and factors
Alignment of interest with a significant majority of PM's net worth invested and all employees incentivized through profit share
Large well-respected NY family office as anchor investor
Experienced team with a history of working together and strong industry experience
Focused on risk-adjusted returns with +16% net CAGR as of Dec. 2021 (over trailing 3-years)
Identify value shifts by monitoring consumer behavior and product changes
Build proprietary industry model to understand businesses impacted by value shift and look for inflections in key variables
Implement thesis-driven research process to understand the logic in consumer change and variance to expectations
Determine position sizing by discussing bear case scenario in connection with exposures already in the portfolio
Utilize proprietary risk management system to highlight portfolio level exposures, industry and company concentration, key investment factors and value at risk