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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 34 -8.11%
of those in investment advisory functions 16
Registration SEC, Approved, 03/30/2012
AUM* 7,215,624,352 -17.73%
of that, discretionary 7,215,624,352 -17.73%
Private Fund GAV* 7,215,624,352 -18.37%
Avg Account Size 3,607,812,176 187.96%
SMA’s No
Private Funds 2 2
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management

Recent News

Reported AUM

Discretionary
Non-discretionary
15B 12B 10B 8B 6B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$7,215,624,352

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Brochure Summary

Overview

SCM serves as discretionary investment manager to private investment funds that are currently offered only to financially sophisticated institutional and high net worth investors. Steadfast Financial LP (“SF”), an affiliate of SCM, also provides services to the Funds (as defined below) in accordance with a service agreement with SCM. SCM and SF are collectively referred to as “Steadfast.” Steadfast Capital Management LP Form ADV: Part 2A Page 3 As of December 31, 2023, Steadfast manages American Steadfast, L.P., Steadfast International Ltd., and Steadfast International Master Fund Ltd. (collectively, the “Funds”). In 1997, Steadfast was launched as an investment vehicle for Robert S. Pitts, Jr. In 1998, Steadfast began accepting outside investors into its hedge fund strategy. SCM previously operated under the name Steadfast Capital Management LLC, as a Delaware limited liability company, and in 2008 was converted into a Delaware limited partnership. Robert S. Pitts, Jr. is the President, Chief Investment Officer and controlling principal of Steadfast, and has overall investment management responsibility for the Funds. Mr. Pitts, other principals of Steadfast or senior members of Steadfast’s investment team may manage a portion of the Funds’ portfolio(s) (in each case, subject to the supervision of Mr. Pitts). Mr. Pitts is responsible for risk management of the Funds’ overall portfolio(s). Steadfast provides discretionary investment advice to the Funds. Steadfast has broad and flexible investment authority over the Funds. Steadfast seeks to generate attractive rates of return over the long term by investing primarily in publicly traded securities, both long and short. Although Steadfast seeks to make competitive returns on investment for its clients, Steadfast emphasizes the preservation of capital and the avoidance of large draw downs, especially in declining markets. Steadfast believes that a disciplined approach based on intensive research, a focus
on the direction of underlying company fundamentals, and portfolio diversification can provide attractive returns on capital without undue risk to principal. Asset valuation and bottom-up research drive our investment decision making process. The Funds’ investments are not confined to any particular approach or industry and may at any time include, without limitation (unless otherwise specified in the Confidential Private Placement Memorandum of a Fund): long or short positions in publicly-traded or privately issued or negotiated common stocks, preferred stocks, stock warrants and rights, corporate and government debt, corporate and government bonds, notes or other debentures or debt participations, interests in real estate, convertible securities, distressed securities, currencies, digital assets, options (purchased or written) on any type of security, commodity or derivative, commodities (including physical commodities), futures contracts, forward contracts (including, without limitation, currency forward contracts), other derivative investments (which may be used for investment purposes and/or as a hedge against fat tail risk), swaps (including, without limitation, credit default swaps), partnership interests, opportunities in private equities, venture capital investments, and real estate, opportunities in short selling, risk arbitrage and spin-offs, contract rights, cash and other securities or other financial instruments, including those of investment companies, and other asset classes, such as precious metals and other hard assets. Clients generally may not impose any restrictions on the Funds’ investments beyond the limitations described in the offering documents for the Funds. (See Item 16 below). As of December 31, 2023, Steadfast managed approximately $7,215,624,352 of regulatory assets under management on a discretionary basis. Steadfast does not manage any assets on a non-discretionary basis. Steadfast Capital Management LP Form ADV: Part 2A Page 4