Spartan Capital Management, LLC

Spartan Capital Management provides discretionary investment management to registered investment advisors, institutions, trusts and high‑net‑worth individuals, and also offers non‑discretionary investment research and 3(21) 401(k) advisory services. It manages two in‑house strategies (Spartan Long Only and Spartan Long/Short), implements model and separately managed accounts, and acts as a sub‑advisor on third‑party platforms including Schwab and Interactive Brokers.

The firm combines bottom‑up fundamental research with top‑down macro themes, pursuing a value/GARP orientation in its Long‑Only strategy and a hedged, research‑intensive approach in its Long/Short strategy. Portfolios are typically concentrated (20–30 holdings with average position sizes around 5% and a 10% maximum) and the Long/Short strategy uses leverage and margin, with gross exposure typically ranging from about 100%–180% and net exposure from about 10%–80%.

Noteworthy differences from many peers include a regular practice of managing accounts for other investment advisers on a sub‑advisory basis, an available performance‑based fee option for the Long/Short strategy (a 10% incentive fee on net profits subject to a high‑water mark and investor eligibility), and explicit use of borrowing in separately managed accounts. The firm’s client mix is oriented toward accredited and high‑net‑worth investors and institutions rather than mass‑market individual clients, and it operates with a small client base and compact investment team.