BLUE GROTTO CAPITAL, LLC

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Adviser Profile

As of Date:

03/06/2024

Adviser Type:

- Large advisory firm

Number of Employees:

5 -16.67%

of those in investment advisory functions:

3

Registration:

SEC, Approved, 9/27/2019

Other registrations (1)
Former registrations

BLUE GROTTO CAPITAL, LLC

AUM:

743,390,536 -5.64%

of that, discretionary:

743,390,536 -5.64%

GAV:

469,647,959 0.58%

Avg Account Size:

148,678,107 -5.64%

SMA’s:

YES

Private Funds:

1

Contact Info

404 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
788M 675M 563M 450M 338M 225M 113M
2020 2021 2022 2023

Recent News

Blue Grotto Capital, LLC Buys 2, Sells 3 in 4th Quarter
02/08/2023

Related Stocks: EDR, MTCH, FANG, ETSY, DECK,

gurufocus.com

Top 5 1st Quarter Trades of Blue Grotto Capital, LLC
05/16/2022

Related Stocks: AMAT, DECK, PRFT, VRRM, CNQ,

gurufocus.com

Blue Grotto Capital, LLC Buys Facebook Inc, Cracker Barrel Old Country Store Inc, Viad Corp, ...
08/18/2021

Related Stocks: VVI, YNDX, ONTO, IBP, ZNGA, FB, CBRL, CHS, GOED, WBS, WYNN, NOC, SSNC, GOTU,

gurufocus.com

Is Applied Materials (AMAT) Stock A Buy or Sell?
03/23/2021

According to Insider Monkey's hedge fund database, Generation Investment ... Chopra's Force Hill Capital Management, Ben Gordon's Blue Grotto Capital, and David Costen Haley's HBK Investments.

Yahoo Finance

Is Applied Materials (AMAT) Stock A Buy or Sell?
03/23/2021

According to Insider Monkey’s hedge fund database, Generation Investment ... s Force Hill Capital Management, Ben Gordon’s Blue Grotto Capital, and David Costen Haley’s HBK Investments.

Insider Monkey

Escape the crowds: Greece's least populated islands
03/05/2021

Boats run to beaches on neighbouring islets; otherwise you swim off rocks. The Blue Grotto rivals the one in Capri, while multicoloured, neoclassical houses ring the harbour. The award-winning ...

telegraph.co.uk


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $469,647,959

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Private Funds



Employees




Top Holdings

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606710200 MITEK SYS INC $45,123,786 10.00% 15.00% -5.00%
30303M102 META PLATFORMS INC $35,396,000 8.00% 15.00% -3.00%
92537N108 VERTIV HOLDINGS CO $30,979,350 7.00% -17.00% -36.00%
92552R406 VIAD CORP $29,773,197 7.00% 28.00% -7.00%
127190304 CACI INTL INC $30,555,544 7.00% 13.00% 10.00%
02079K107 ALPHABET INC $27,158,058 6.00% -17.00% -23.00%
70450Y103 PAYPAL HLDGS INC $26,421,959 6.00% 13.00% 7.00%
81141R100 SEA LTD $28,350,041 6.00% 223.00% 250.00%
65249B109 NEWS CORP NEW $22,601,762 5.00% 17.00% -5.00%
199908104 COMFORT SYS USA INC $17,650,394 4.00%

Brochure Summary

Overview

Blue Grotto Capital, LLC (“Blue Grotto”, “we” and “us”) was founded in June 2018 by Benjamin Gordon, the firm’s principal owner. Blue Grotto provides investment advisory services to pooled investment vehicles, certain single-investor investment vehicles, and separately managed accounts. We seek to achieve high absolute returns on behalf of our clients through a selection of individual equity securities for both long and short positions rather than relying on options or indexes. We look for unrecognized situations in the market to generate alpha on the long side. On the short side, we short companies with unsustainable business models where we have a line of sight to impairment. We believe a few key issues determine whether we are right or wrong on each idea. Our research process centers on these issues rather than unrelated, extraneous information. While we invest with a 3-year horizon, we believe returns are usually achieved when short-term fundamentals are on our side. We seek improving situations on the long side and deteriorating
situations on shorts. We believe returns can be improved by actively managing investment behaviors. We utilize Bayesian updating to build and size positions methodically in an effort to avoid bias. Our firm tailors our advisory services to the individual needs and specified investment mandate of our clients. Our firm strictly adheres to the investment strategy set forth in each client’s private placement memorandum or other governing documents, as applicable. We do not, however, tailor our advisory services to the individual needs or any specified investment mandates of the investors in any private commingled funds and investors may not impose restrictions on investing in certain securities or types of securities in such funds. Separately managed account clients receive tailored advisory services and are able to impose such restrictions on the management of their account. We do not participate in any wrap fee programs. As of December 31, 2022, we had discretion over $787,832,405 in regulatory assets under management.