Long-Short Equity Hedge Funds with a Multi-Strategy Overlay
Aristides Capital LLC is an SEC Registered Investment Adviser managing pooled, hedged investment vehicles through disciplined, research-driven investment strategies.
(as of May 2026)
Our Investment Philosophy
Our multi-strategy approach combines fundamental analysis and quantitative research, and opportunistic trading strategies to attempt to identify market inefficiencies across a range of securities and market environments. With a focus on risk management, diversification, and independent thinking, we seek to generate long-term returns while maintaining low correlation to broader equity markets.
Our Strategic Approach
One vehicle, multiple strategies.
Fundamental Long
We look for companies with strong returns on capital or sustainably high free cash flow yields that trade at attractive valuations, often within small and microcap equities.
Arbitrage
We seek to exploit pricing gaps between economically similar securities during periods of market dislocation.
Fundamental Short
We target companies that have overpromised to investors or operate in areas of excessive market enthusiasm, often around identifiable catalysts.
Traditional Quant
We use a proprietary multi-factor model to identify roughly 80 long and up to 80 short positions, rebalanced quarterly.
Anomaly
We use a quantamental approach to source trades based on academic theory or proprietary backtests.
Hedges and Beta Management
We may use index instruments and futures across commodities, currencies, and interest rates to hedge exposures, manage tail risk, or express macro views.
Ready to Learn More?
If you are an accredited investor interested in learning more, let’s talk.