PRANA CAPITAL MANAGEMENT LP

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Adviser Profile

As of Date:

03/21/2024

Adviser Type:

- Large advisory firm

Number of Employees:

10 25.00%

of those in investment advisory functions:

8 33.33%

Registration:

SEC, Approved, 4/6/2017

AUM:

2,562,777,731 24.46%

of that, discretionary:

2,562,777,731 24.46%

GAV:

1,601,787,876 26.63%

Avg Account Size:

366,111,104 24.46%

SMA’s:

NO

Private Funds:

1

Contact Info

203 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 882M 588M 294M
2017 2018 2019 2020 2021 2022 2023

Recent News

Prana Capital Management, LP Buys Arthur J. ...
11/16/2021

Related Stocks: MTB, CG, PHM, TFC, KKR, RJF, AJG, FIS, AMP, APO, COF, CBOE, AON, JPM, ALL, PYPL, LEN, VRSK,

gurufocus.com

Prana Capital Management, LP Buys Mastercard Inc, JPMorgan Chase, S&P Global Inc, Sells ...
08/24/2021

Related Stocks: STT, GPN, RE, WLTW, AON, UNM, MA, JPM, SPGI, TFC, KKR, JLL, V, PRU, GS, FIS, AIZ, C,

gurufocus.com

Is Allstate (ALL) Stock A Buy or Sell?
03/29/2021

Hedge funds' reputation as shrewd investors has ... ALL), around 4.44% of its 13F portfolio. Prana Capital Management is also relatively very bullish on the stock, setting aside 3.77 percent ...

Yahoo Finance

Is American Express (AXP) Stock A Buy or Sell?
03/21/2021

The following funds were also among the new AXP investors: Peter Seuss's Prana Capital Management, Dipak Patel's Alight Capital, and Leonard Green's Leonard Green & Partners. [table] Ticker ...

yahoo.com

Is American Express (AXP) Stock A Buy or Sell?
03/21/2021

The following funds were also among the new AXP investors: Peter Seuss’s Prana Capital Management, Dipak Patel’s Alight Capital, and Leonard Green’s Leonard Green & Partners.

Insider Monkey


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $1,601,787,876

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
172967424 CITIGROUP INC $129,948,777 6.00% 57.00% 28.00%
G3223R108 EVEREST GROUP LTD $109,016,760 5.00% 76.00% 57.00%
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G96629103 WILLIS TOWERS WATSON PLC LTD $107,068,500 5.00% 10.00% -4.00%
G0403H108 AON PLC $96,721,734 4.00% 97.00% 71.00%
09247X101 BLACKROCK INC $84,472,151 4.00% 74.00% 70.00%
026874784 AMERICAN INTL GROUP INC $67,315,705 3.00% -24.00% -34.00%
759351604 REINSURANCE GRP OF AMERICA I $62,708,374 3.00% 38.00% 16.00%
446150104 HUNTINGTON BANCSHARES INC $60,024,506 3.00% 29.00% 17.00%
45866F104 INTERCONTINENTAL EXCHANGE IN $61,263,820 3.00% 1.00% -6.00%

Brochure Summary

Overview

Prana Capital Management LP (“Prana” or the “Adviser”), a Delaware limited partnership, is an investment adviser formed on June 28, 2016. Prana Capital Management GP, LLC, a Delaware limited liability company, is the general partner of Prana, and Peter Seuss (the “Portfolio Manager”) is the principal owner and managing member of Prana Capital Management GP, LLC. Prana provides discretionary investment advisory services to the following private pooled investment vehicles: Prana Absolute Return Fund LP (“the Partnership”), a Delaware limited partnership, and PARF- Offshore Ltd. (the “Offshore Feeder”), a Cayman Islands exempted company (collectively referred to herein as the “Fund”). An affiliate of Prana serves as the sponsor and general partner of the Partnership (the “General Partner”). Prana’s clients also include private funds for which Prana is a sub-adviser (collectively, the “Sub-Advisory Funds”). Prana, in the future, may decide to sponsor or manage additional private investment funds or separately managed accounts (collectively with the Fund and the Sub-Advisory Funds, the “Clients”). Pursuant to the Clients’ offering memorandum, limited partnership agreements, articles of memorandum and association, subscription documents and/or sub-advisory agreements, as applicable (collectively the “Governing Documents”),
the Clients engage in long/short equity strategies in order to pursue attractive absolute rates of return and low relative volatility in any market environment. The Clients attempt to profit by focusing on fundamental investing within the context of a proprietary, custom-built analytical framework, the natural knowledge advantage created from its coverage model approach and portfolio construction capabilities. The Fund offers interests (“Interests”) to certain qualified investors as described in response to Item 7, below (such investors or prospective investors, collectively with investors in the Sub-Advisory Funds unless the context requires otherwise, are referred to herein as “Investors”). Advisory services are tailored to achieve the Clients’ investment objectives. Generally, Prana has the authority to select which and how many securities and other instruments to buy or sell without consultation with the Clients or their Investors. Prana does not tailor its advisory services to the individual needs of investors in the Fund (“Fund Investors”) and does not accept Fund Investor imposed investment restrictions. Prana does not participate in wrap fee programs. As of December 31, 2022, Prana manages approximately $2,059,105,789 regulatory assets under management on a discretionary basis.