Stony Point Capital, based in New York and founded by Richard Walters II in October 2014, operates as a hedge fund manager employing a long/short equity strategy focused on capitalizing on significant consumer trends. The firm targets investments in technology and consumer-facing businesses.
Before establishing Stony Point Capital, Richard Walters II held roles including Portfolio Manager at East Hall Capital and TMT Analyst at JAT Capital, a prominent multi-billion dollar long-short hedge fund. He began his career as an Associate at Elevation Partners, a TMT private equity fund, following a summer internship at Morgan Stanley in Investment Banking. Ricky is a graduate of the Wharton School at the University of Pennsylvania, where he earned a Bachelor's degree in Economics with concentrations in Finance and Entrepreneurship, along with a Minor in Mathematics.
As of February 2024, Stony Point Capital manages assets for five clients, with discretionary assets under management (AUM) totaling $450.8 million. Their Q1 2024 13F filing reported $304.6 million in managed 13F securities, with a top 10 holdings concentration of 60.97%. Ferrari N.V. stands as Stony Point Capital's largest holding, with 56,656 shares held.
