Hedgeye Asset Management

Keith McCullough serves as CEO and Chief Investment Officer. He founded the firm in 2008 and remains the primary voice behind its macro and equity research calls (per the firm's website).

No. Hedgeye operates as an RIA that provides research and advisory services. It does not manage commingled funds or charge performance fees. Clients receive research and recommendations but execute trades independently (per public record).

The Quad is Hedgeye's proprietary framework that segments the economic cycle into four quadrants based on the interaction of growth and inflation rates. The firm believes that identifying the current quadrant enables more precise sector and asset-class positioning. This model is central to all Hedgeye research output (per the firm's published materials).

Hedgeye publishes research on global equities, fixed income, currencies, commodities, and macro themes. Its coverage spans US and international markets with emphasis on sectors such as Energy, Healthcare, Technology, and Financials (per the firm's official communications).

Hedgeye's client base consists largely of institutional investors — pension funds, endowments, foundations, and family offices — that subscribe to its research platform or engage it for advisory work (per public record).

Revenue comes from paid research subscriptions and advisory fees. This creates a business model where Hedgeye's incentive is to provide accurate, actionable research rather than grow AUM (per the firm's official communications).

Hedgeye publishes its macro outlook regularly through its research platform and media appearances. The firm has historically expressed bearish views on inflation and valuations, advocating for defensive positioning and commodity exposure depending on the Quad regime (per public commentary).