THE CYPRESS FUNDS LLC other names

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Adviser Profile

As of Date:

05/16/2024

Adviser Type:

- Large advisory firm


Number of Employees:

7 -22.22%

of those in investment advisory functions:

2 -50.00%


Registration:

SEC, Approved, 12/26/1996

AUM:

925,262,369 18.15%

of that, discretionary:

925,262,369 18.15%

GAV:

925,262,369 18.15%

Avg Account Size:

308,420,790 18.15%


SMA’s:

NO

Private Funds:

1

Contact Info

213 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1B 1B 856M 685M 514M 343M 171M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Law firm Shartsis Friese appoints hedge fund partner as new managing partner
11/03/2022

Law firm Shartsis Friese appoints hedge fund partner as new managing partner Submitted 03/11/2022 - 10:14am San Franciso law firm Shartsis Friese has elected hedge fund partner Neil Koren as its new managing partner, according to report by the Recorder. Koren succeeds Art Shartsis, the 47-year-old firm's co-founder and sole managing partner. The appointment of ...

Hedge Week

Will FEMA Reimburse Schools for COVID-Related Costs? Here’s What We Know
04/09/2021

But district officials and their advocates remain confused about what the agency will pay for and what they’ll have to do to get the funds—especially after ... of business and financial services for the Cypress-Fairbanks district in Texas.

edweek.org

KushCo Q2 Revenue Increases 23% QoQ Ahead Of Merger With Greenlane
04/09/2021

In March, the Cypress, California-based company secured some million in financing to fund debt repayment, product development, acquisitions, capital expenditures, and other business opportunities ...

Yahoo Finance

Texas schools yet to see stimulus funds
04/08/2021

“The federal funds will ultimately get to school districts but the ... Dr. Mark Henry, superintendent of the Cypress-Fairbanks Independent School District in Houston, said he’s already in the process of building two different plans for next year ...

news-journal.com

Texas public schools left without federal stimulus money
04/08/2021

“The federal funds will ultimately get to school districts but the ... Dr. Mark Henry, superintendent of the Cypress-Fairbanks Independent School District in Houston, said he’s already in the process of building two different plans for next year ...

itemonline.com

Schools haven't seen an extra dime since $19 billion federal allotment
04/08/2021

“The federal funds will ultimately get to school districts but the ... Dr. Mark Henry, superintendent of the Cypress-Fairbanks Independent School District in Houston, said he’s already in the process of building two different plans for next year ...

itemonline.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $925,262,369

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Private Funds



Employees




Top Holdings

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67066G104 NVIDIA CORPORATION $135,534,000 15.00% 27.00% -30.00%
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303250104 FAIR ISAAC CORP $103,217,786 11.00% 10.00% 2.00%
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127387108 CADENCE DESIGN SYSTEMS INC $64,123,680 7.00% 42.00% 24.00%
78409V104 S&P GLOBAL INC $64,750,086 7.00% 7.00% 11.00%
57636Q104 MASTERCARD INCORPORATED $51,852,087 6.00% 13.00% 0.00%
30303M102 META PLATFORMS INC $50,500,320 5.00%
037833100 APPLE INC $33,667,011 4.00% -30.00% -21.00%

Brochure Summary

Overview

Cypress has been in business since 1969 and provides investment advice to investment funds. Cypress may also manage other accounts in the future. Robert Day is Cypress’s founder and co- portfolio manager, and Andrew Katz is its co-portfolio manager with Mr. Day. Mr. Day’s ownership interest is held through Oakmont Corporation and as trustee of the Robert A. Day Trust dated March 22, 2000, as amended. As of December 31, 2022, Cypress had total regulatory discretionary assets under management of $783,108,638as reported in Part 1 of this Form ADV. Cypress only manages assets on a discretionary basis. Cypress is the investment adviser and general
partner of The Cypress Partners Master Fund L.P. and The Cypress Partners L.P., and the investment adviser of Cypress International Partners Limited (collectively, “clients” or the “Funds”). Cypress invests principally, but not solely, in equity and equity-related securities that are traded publicly in U.S. and non-U.S. markets and is authorized to enter into any type of investment transaction that it deems appropriate under the terms of each client’s partnership or other account agreement. The investors in the Funds have no opportunity to select or evaluate any Fund investments or strategies. Cypress selects all Fund investments and strategies.