Fundstrat Capital

Co-founder Tom Lee acts as Chief Investment Officer and is the primary decision-maker. He sets the macro posture and equity strategy, drawing on the research output of Fundstrat Global Advisors. Mark Newton, the firm's head of technical strategy, influences timing and risk positioning through technical analysis. The precise investment committee structure has not been publicly detailed.

Fundstrat Capital is a separate SEC-registered investment adviser spun out from Fundstrat Global Advisors, the independent research firm Tom Lee founded in 2014. While Fundstrat Global Advisors sells research subscriptions, Fundstrat Capital manages discretionary client portfolios using the parent firm's analytical framework. The two entities share key personnel, including Lee and Newton, but operate under distinct regulatory registrations.

Based on available disclosures, Fundstrat Capital focuses on liquid public equities, primarily US large-cap and thematic baskets. Lee's public commentary and the firm's Form ADV filing describe equity strategies without mention of venture capital, private equity, or direct private-company positions. The firm does not appear to offer illiquid or interval-fund structures.

Lee spent over 25 years covering equities at Salomon Smith Barney and J.P. Morgan, where he became chief equity strategist — a role in which he consistently ranked among Institutional Investor's top strategists. After launching Fundstrat Global Advisors in 2014, his widely quoted S&P 500 targets gained attention for calling the post-COVID rally early in 2020. Fundstrat Capital represents his first role directly managing discretionary client money rather than publishing research.

Fundstrat Capital is an SEC-registered investment adviser that manages outside capital for individuals, high-net-worth clients, and institutions. It is not structured as a family office. The firm's Form ADV filing describes a typical advisory model with separately managed accounts, fee-only compensation, and no private-fund vehicle disclosed to date.