PRAESIDIUM INVESTMENT MANAGEMENT

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Adviser Profile
As of Date 03/26/2024
Adviser Type - Large advisory firm
Number of Employees 12 -14.29%
of those in investment advisory functions 7
Registration SEC, Approved, 1/27/2006
AUM* 897,508,542 -26.47%
of that, discretionary 897,508,542 -26.47%
Private Fund GAV* 148,088,871 -8.15%
Avg Account Size 74,792,379 34.80%
SMA’s Yes
Private Funds 2 1
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Other

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 963M 642M 321M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$148,088,871

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Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker45827U109 Stock NameINTAPP INC $ Position$92,316,444 % Position15.00% $ Change50.00% # Change15.00%
Stck Ticker81762P102 Stock NameSERVICENOW INC $ Position$81,101,496 % Position14.00% $ Change14.00% # Change0.00%
Stck Ticker69370C100 Stock NamePTC INC $ Position$68,149,649 % Position11.00% $ Change-1.00% # Change0.00%
Stck TickerM2682V108 Stock NameCYBERARK SOFTWARE LTD $ Position$58,091,336 % Position10.00% $ Change7.00% # Change0.00%
Stck Ticker466313103 Stock NameJABIL INC $ Position$51,735,165 % Position9.00% $ Change10.00% # Change0.00%
Stck TickerM6191J100 Stock NameJFROG LTD $ Position$45,931,697 % Position8.00% $ Change4.00% # Change35.00%
Stck Ticker98956A105 Stock NameZETA GLOBAL HOLDINGS CORP $ Position$48,878,991 % Position8.00% $ Change3.00% # Change-39.00%
Stck Ticker902252105 Stock NameTYLER TECHNOLOGIES INC $ Position$38,150,772 % Position6.00% $ Change16.00% # Change0.00%
Stck Ticker36262G101 Stock NameGXO LOGISTICS INCORPORATED $ Position$33,090,902 % Position6.00% $ Change3.00% # Change0.00%
Stck Ticker617700109 Stock NameMORNINGSTAR INC $ Position$31,518,206 % Position5.00% $ Change8.00% # Change0.00%

Brochure Summary

Overview

Praesidium Investment Management Company, LLC (the “adviser” or “firm”) was founded in 2003 and its principal place of business is in New York, New York. The firm is registered as an investment adviser with the SEC. Our firm is principally owned by Kevin Oram and Peter Uddo, who are the Managing Members. We specialize in providing discretionary investment advisory services to separately managed accounts (“managed accounts”) and private pooled investment vehicles (“private funds”), (the “managed accounts” and, together with the private funds, the “clients”). In providing our advisory services, we seek to achieve capital appreciation by employing a rigorous, independent research and security selection process. Through this process, we seek to identify and invest in companies that are selling in the public markets at discounts that we believe are significant to their underlying intrinsic values. While we intend to invest primarily in global equity securities, our clients give us the authority and flexibility to invest in other types of securities that we deem appropriate. Our firm tailors our advisory services in accordance with each client’s needs and investment strategy as disclosed in its offering documents or managed account investment management agreement. For our private
funds, we adhere to the investment strategy set forth in each private fund’s offering documents. For each managed account, we start with the investment strategy employed for our private funds and then tailor that strategy to meet each managed account’s investment guidelines. We then execute an investment management agreement that defines that managed account’s investment objective, which we undertake to follow conscientiously. Any investment restrictions applicable to any of our clients are set forth in a client’s offering documents and/or investment management agreement. The information provided above about the investment advisory services provided by our firm is qualified in its entirety by reference to the applicable governing documents and investment management agreements for our clients. For more information on the investment strategy of our clients, please refer to the section “Methods of Analysis, Investment Strategies and Risk of Loss.” We do not participate in wrap fee programs. As of December 31, 2023, we managed approximately $897,508,542 of regulatory assets under management on behalf of our clients, all of which were managed on a discretionary basis. This number is based on estimated and unaudited information as of such date and is therefore subject to change.