Home / Leaderboard / Atalan Capital Partners, LP
Atalan Capital Partners, LP
David Randolph Thomas · Hedge Fund · Long/Short Equity
Atalan Capital Partners, LP is a New York-based investment firm founded in 2014 by David Randolph Thomas. The firm operates as a hedge fund manager, primarily serving institutional investors and sophisticated private clients. Atalan specializes in actively managed equity strategies, focusing on research-driven stock selection within mid- and large-cap public equities. The firm is known for its fundamental, bottom-up approach to investing and its disciplined focus on risk management and capital preservation across global markets.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +56.7% |
| YTD return | +47.7% |
| Sharpe ratio | 3.99 |
| Win rate | 62% |
| AUM | $1.5B |
| Inception | Oct 1, 2025 |
| Updated | Sep 21, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $1.5B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.atalancap.com |
Current Holdings
Updated on Sep 21, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| STX | Seagate Technology PLC | 32.5% | +128.7% |
| MA | Mastercard Inc | 17.3% | +0.6% |
| SPOT | Spotify Technology SA | 9.0% | +2.3% |
| TTMI | TTM Technologies Inc | 8.3% | -25.7% |
| USFD | US Foods Holding Corp | 8.0% | +18.8% |
| TDG | Transdigm Group Incorporated | 7.0% | -13.3% |
| GLW | Corning Incorporated | 6.0% | +6.4% |
| HQY | HealthEquity Inc | 6.0% | +6.7% |
| APH | Amphenol Corporation | 5.9% | +27.9% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Aug 31, 2026 | BUY | TDG | 6.3% → 7.0% |
| Aug 31, 2026 | SELL | APH | 9.6% → 5.9% |
| Aug 31, 2026 | BUY | HQY | 5.6% → 6.0% |
| Aug 31, 2026 | BUY | TTMI | 6.3% → 8.3% |
| Aug 31, 2026 | BUY | GLW | 0.0% → 6.0% |
Investment Style Analysis
Atalan Capital Partners, LP is widely recognized for employing a Long/Short Equity strategy. As of Sep 21, 2026, the firm oversees approximately $1.5B in assets under management (AUM). The portfolio demonstrates a clear preference for the Computer Hardware and Electronic Components sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Aug 31, Atalan Capital Partners, LP made a significant move by increasing exposure to TDG. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Atalan Capital Partners employs a core investment philosophy rooted in deep fundamental research and bottom-up analysis to identify mispriced securities. The firm manages both long/short and long-only equity strategies, often taking concentrated positions where it perceives a high degree of conviction. Its approach integrates a thorough assessment of business models, industry dynamics, and management quality with a disciplined framework for managing downside risk. By focusing on innovation and value creation, Atalan seeks to deliver superior risk-adjusted returns and long-term capital appreciation for its investors.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Atalan Capital Partners, LP.
Similar Investment Style
Based on Long/Short Equity.
- Perceptive Advisors LLC — Joseph Edelman · 3M +4.5%
- Glenview Capital Management, LLC — Larry Robbins · 3M +10.8%
- Zweig-DiMenna Associates, Inc. — Joseph DiMenna · 3M +4.2%
- Redmile Group, LLC — Jeremy Green · 3M +3.2%
Frequently asked questions
How is the simulated portfolio for Atalan Capital Partners, LP constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Atalan Capital Partners, LP's largest holding?
As of the latest filing, Atalan Capital Partners, LP's top position is Seagate Technology PLC (STX), representing 32.5% of the portfolio. This reflects a high-conviction bet by the institution.
What is Atalan Capital Partners, LP's historical performance and risk profile?
Our simulation indicates a total return of +56.7% with a win rate of 62%. Notably, the portfolio maintains a Sharpe Ratio of 3.99, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Atalan Capital Partners, LP primarily invest in?
Atalan Capital Partners, LP has a strong preference for the Computer Hardware sector, which makes up 32.5% of their disclosed assets. The portfolio also has exposure to Electronic Components, indicating a specific thematic focus.
Is Atalan Capital Partners, LP's portfolio concentrated or diversified?
Atalan Capital Partners, LP runs a highly concentrated portfolio with 9 disclosed positions. The top 3 holdings alone account for 58.8% of the total portfolio weight, suggesting a strategy that favors deep research into a few key names.
How has Atalan Capital Partners, LP performed in 2026?
Our AI-simulated model portfolio for Atalan Capital Partners, LP tracks a Year-to-Date (YTD) return of +47.7%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does David Randolph Thomas manage Atalan Capital Partners, LP directly?
Yes, David Randolph Thomas serves as the key portfolio manager for Atalan Capital Partners, LP, overseeing the investment strategy and final capital allocation decisions.