10 Stocks to Buy According to Richard Scott Greeder's Broad Bay Capital
In this article, we discuss 10 stocks to buy according to Richard Scott Greeder's Broad Bay Capital.
Established in November 2015, Broad Bay Capital Management operates as a hedge fund manager situated in New York. The firm specializes in a low-net long/short value investing strategy, primarily concentrating on investments in public equity securities across various sectors, including consumer, business services, industrial, and media.
Richard Scott Greeder has played a pivotal role as a founding partner and limited partner at Broad Bay Capital, where he holds a majority ownership stake exceeding 75%. Drawing from his extensive experience at Scopia Capital Management LLC and Greenhill & Company, Scott Greeder brings valuable insights to the firm. Additionally, he completed his undergraduate studies at the University of Virginia from 1999 to 2003.
Broad Bay Capital Management, a prominent hedge fund, serves three clients and manages discretionary assets totaling $1,800,580,878, as per their Form ADV filed on March 30, 2023. Their most recent 13F filing for the fourth quarter of 2023 indicates holdings of $854,971,717 in managed 13F securities, with a top 10 holdings concentration of 82.79%. Notably, Broad Bay Capital Management's largest holding comprises 2,940,000 shares of FTAI Aviation Ltd.
