QST Capital LLC

QST Capital provides discretionary portfolio management to individual clients (including high-net-worth and non‑HNW individuals) and to institutional and adviser clients, and also acts as investment adviser to two private limited partnerships: QST Tactical Edge LP and QST Fixed Income Opportunities Fund LP. The firm offers separately managed account strategies and pooled vehicles, and evaluates client suitability before granting access to particular strategies.

The firm’s investment process is quantitatively driven, combining systematic models and discretionary overlays to tactically adjust equity exposure and implement cross‑asset hedging across equities, fixed income, and credit markets. Strategies can employ derivatives, options and futures and may use leveraged ETFs for different risk levels; the brochure notes that some separately managed accounts also include the cross‑asset hedging approach and that one higher‑risk strategy is marketed as “QST Level 3 Tactical Growth.”

What is distinctive about the firm is that, despite its small advisory team and modest assets under management, it sponsors and manages private funds and pooled vehicles and serves other investment adviser clients—a combination that is uncommon among peers. The brochure also discloses that the firm presents predecessor and hypothetical performance and advertises performance results, and that it uses performance‑based compensation arrangements and performance allocations with its pooled funds, features that set it apart from most supported firms.