CAS INVESTMENT PARTNERS, LLC

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Adviser Profile

As of Date:

03/19/2024

Adviser Type:

- Large advisory firm

Number of Employees:

of those in investment advisory functions:

Registration:

SEC, Approved, 10/27/2017

Other registrations (2)

AUM:

951,083,043 62.50%

of that, discretionary:

951,083,043 62.50%

GAV:

951,082,256 62.49%

Avg Account Size:

237,770,761 103.12%

SMA’s:

Private Funds:

Contact Info

(21 xxxxxxx

Websites :

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary

Non-discretionary

2B 2B 2B 1B 955M 637M 318M

2017 2018 2019 2020 2021 2022 2023

Recent News

This Hedge Fund is Up 88% This Year, Here is What It’s Buying
09/28/2023

In this article, we present the stock picks of a top performing hedge fund that is up 88% this year. If you want to skip our detailed analysis of CAS Investment Partners’ history, investment philosophy, and hedge fund performance, go directly to 5 Top Stocks CAS Investment Partners is Buying. Founded by Clifford Sosin, CAS […]

Insider Monkey

5 Best Stocks to Buy According to CAS Investment Partners
09/28/2023

In this article, we discuss 5 best stocks CAS Investment Partners is buying. If you want to read our detailed analysis of CAS Investment Partners’ history, investment philosophy, and hedge fund performance, go directly to This Hedge Fund is Up 88% This Year, Here is What It’s Buying. 5. Credit Acceptance Corporation (NASDAQ:CACC) Net Gains: 58% […]

Insider Monkey

PRTY Stock Forecast 2021: Party City Holdco Inc. Remains Hot with 2.3% Upside
03/29/2021

In the latest trading session, 991,433 Party City Holdco Inc. (NYSE:PRTY) shares changed hands as the company’s beta touched 4.03. With the company’s most recent per share price at $5.49 changing hands around -$0.

marketingsentinel.com

At Home Group Inc. (NYSE:HOME): The most interesting shares today
03/29/2021

In the last trading session, 1,070,000,000 At Home Group Inc. (NYSE:HOME) shares changed hands as the company’s beta touched 2.55. With the company’s per share price at $28.42 changed hands at $1.17 or 0.

marketingsentinel.com

Party City Holdco Inc.
03/29/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

World Acceptance Corp.
03/26/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

Pie Radar GAV Count

Private Funds Structure

Fund Type	Count	GAV
Hedge Fund	2	$951,082,256
Private Equity Fund	1	$

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GOODHART PARTNERS LLP	525.9m	-	43.5m	-	-	-	-	569.4m	873.6m	3
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Private Funds

GAV Count

Employees

Brochure Summary

Overview

CAS, a Delaware limited liability company, was founded in October 2012 by Clifford Sosin, the founder and principal owner of CAS. The Adviser registered as an investment adviser with the SEC in September 2017. CAS is an investment manager that offers discretionary investment management services to domestic privately-offered, pooled investment vehicles. CAS’s clients are: Sosin Master, LP (the “Sosin Master Fund”), Sosin Partners, LP and Sosin QP Partners, LP (together referred to as the “Sosin Feeder Funds” and, collectively with Sosin Master Fund, the “Sosin Funds”), CSWR Partners, LP, and CAS-Mercury, LP (each, individually, a “Fund” and, collectively, the “Funds”). The Funds are intended for investment by certain investors that meet the definition of “Accredited Investor” as defined under Regulation D of the Securities Act of 1933, as amended (the “Securities Act”). Sosin QP Partners, LP and CAS-Mercury, LP are intended for investment by certain investors that further meet the definition of “Qualified Purchaser” under Section 2(a)(51) of the Investment Company Act of 1940, as amended (the “Company Act”), so as to comply with the exemptions set forth under Section 3(c)-1 and/or 3(c)-7 of the Company Act. CAS may also provide investment advisory services to clients in separately managed accounts (“SMAs”) with similar investment objectives and strategies as the Funds. The Funds and any SMAs, if applicable, are herein referred to as “Advisory Clients.” Currently, CAS does not provide investment advisory services to SMAs. CAS is delegated full responsibility for the investment decisions of the Funds. Sosin, LLC is the general partner to the Sosin Funds and CSWR Partners, LP. The general partner to CAS-Mercury, LP is Sosin- Mercury, LLC (together with Sosin, LLC, the “General Partners”). The Funds are formed to pool investment assets of its investors (each a “Limited Partner”

and, collectively, the “Limited Partners,” and the Limited Partners, collectively with the General Partners, shall be referred to herein as the “General Partners”). The General Partners are responsible for all management decisions on behalf of the Funds and have discretionary trading authority over the Funds’ assets. As such, the General Partners delegate their responsibility for the Funds’ investment decisions to CAS. The Firm is controlled by Mr. Sosin. Under the terms of investment management agreements by and between the General Partners and the Firm, the Firm is responsible for the day-to-day management of the Funds’ investments. The Sosin Funds and CSWR Partners, LP are organized to serve as funds through which the assets of its Partners may be utilized to purchase a concentrated portfolio of tradable credit and equity instruments (on a long and short basis) with the goal of outperforming the S&P 500 over time. The Firm does not seek to maintain any specific directional market bias or asset class bias. Instead, overall market and asset class exposure (i.e., long or short equities or long or short credit) of the Sosin Funds and CSWR Partners, LP are endogenous to the Firm’s opinion of risks and expected returns of individual securities. CAS-Mercury, LP is organized to purchase private credit and private equity instruments in a single investment. CAS tailors its advisory services to each Fund it manages in accordance with the terms of the relevant offering memoranda or mandates for such Fund, as applicable. Investors in the Funds generally cannot obtain services tailored to their individual specific needs. Not applicable. CAS does not participate in, nor does it sponsor, a wrap fee program. As of December 31, 2022, CAS had $585,299,680 in regulatory assets under management on a discretionary basis. CAS does not manage client assets on a non-discretionary basis.