Founded in 2020, Philosophy Capital Management is a hedge fund management firm specializing in securities investments. Employing an opportunistic and value-oriented approach, it focuses on identifying mispriced securities across three key categories: value investments, event-driven and distressed situations, and short-selling strategies.
Jacob Rubin is the Founder and Managing Member of Philosophy Capital Management LLC, overseeing a firm that employs both long and short-term investment strategies across the capital structure. With a strong emphasis on value-oriented approaches aimed at achieving asymmetric investment returns, Philosophy Capital Management targets opportunities in securities. Jacob's journey began after earning a BA in Economics-Philosophy from Columbia University in 2006. He started his career in banking, gaining experience at JPMorgan and Macquarie over three years before pursuing an MBA at Stanford's Graduate School of Business in 2011. During this time, he balanced his professional pursuits with a passion for competitive cycling, accumulating a notable collection of jerseys, including the sought-after GFC-era Merrill Lynch-sponsored amateur kit. Following a brief stint at Goldman Sachs, Jacob ventured into academia, earning an M.Phil in Economics from Cambridge University in 2013 while contributing to his college's rowing team in the M1 boat during Bump races. Returning to the finance industry, he thrived at Lonestar Capital for six years, refining his skills in investment strategy, networking, and pattern recognition. Jacob launched Philosophy Capital Management just as the COVID-19 pandemic began, navigating through numerous unforeseen challenges while expanding the team and capital base. Beyond his investment endeavors, Jacob shares his expertise as a guest lecturer at Stanford, focusing on subjects such as game theory, event-driven investing, and negotiations.
Philosophy Capital Management is a prominent hedge fund managing assets for four clients, with discretionary assets under management, totaling $1,183,313,132 as per their Form ADV dated March 2024. Their Q1 2024 13F filing revealed $1,251,047,443 in managed 13F securities, reflecting a significant concentration with 78.23% of their top 10 holdings. Notably, Philosophy Capital Management's largest holding comprises 6,000 shares of Invesco QQQ Trust, Series 1, showcasing their strategic investment approach and focus on leading market opportunities.
