In the last decade, large hedge funds have increased their share of industry assets at the expense of smaller funds, the average stock holding period has shortened, and index funds have become a significant percentage of daily volume, increasing correlations among equities.
Alta Fox Capital is uniquely positioned to take advantage of these trends.
We scour the world for the highest quality businesses at the lowest possible prices regardless of size. This often leads us to unusual corners of the market that the majority of institutional investors cannot or do not consider. Our prototypical investment is a high-quality business that has not yet attracted significant institutional coverage, is not included in major stock indices, and has a multi-year profitable growth runway with high returns on capital. It is our belief that these undiscovered gems can produce attractive and often uncorrelated results relative to the broader market.