Heard Capital, founded in Q3 2011 by William E. Heard and based in Illinois, is a hedge fund that employs a fundamental investment approach across six key sectors: technology, media, telecommunications, financials, industrials, and energy. The firm conducts global analysis using a bottom-up methodology, drawing on over 15 years of investment expertise. Heard Capital targets companies with essential products or processes, strong economic moats, and alignment with shareholder interests, often overlooked by the market. It manages two focused funds: the Heard Opportunity Fund, aiming for high-risk-adjusted returns while preserving capital, and the Heard High Conviction Long Only Fund, which seeks capital appreciation over the long term.
William Heard is the founder, Chief Executive Officer, and Chief Investment Officer of Heard Capital LLC, where he directs the firm's investment strategy and overall operations. Before establishing Heard Capital LLC, Mr. Heard served as a special situations analyst at Stark Investments, a global alternative investment firm. During his tenure, he specialized in analyzing sectors including telecommunications, media, technology, financials, industrials, and energy. Mr. Heard's extensive investment experience spans various asset classes, including leveraged loans, high-yield bonds, and equity securities. Mr. Heard graduated from Marquette University's College of Business Administration with a Bachelor of Science in Finance and Real Estate. Notably, he founded Marquette's Applied Investment Management (AIM) Program, which was the first undergraduate business program in the United States to be designated a Program Partner by the CFA Institute.
Heard Capital, a hedge fund managing discretionary assets totaling $1,651,430,029 as of March 2024 (according to Form ADV), serves 15 clients. Their Q1 2024 13F filing reported $1,596,431,344 in managed 13F securities, with a top 10 holdings concentration of 84.17%. American Tower Corp., Class A, stands as Heard Capital's largest holding, with 947,168 shares held.
| Fund Name: | Heard Capital |
| Manager | William Heard |
| Portfolio Value | $1,783,725,342 |
| Change This QTR | +1.09% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | ADBE | 375,915 | $194,641,268 | +7% | 10.91% | ||
| 2. | TDG | 132,206 | $188,675,148 | +11% | 10.57% | ||
| 3. | AMT | 790,325 | $183,797,982 | -23% | 10.3% | ||
| 4. | BX | 1,033,262 | $158,223,410 | -18% | 8.87% | ||
| 5. | FICO | 76,140 | $147,979,612 | -23% | 8.29% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2024-02-13 | ||||
| 2024-02-13 | ||||
| 2023-02-13 | ||||
| 2023-02-13 | ||||
| 2022-06-02 |
