Education
Columbia University

Qualifications
BA, MA, CFA

Founded
2013

Company Name
Cable Car Capital LLC

Number of Employees
1

  • Address
  • San Francisco
  • California

Cable Car Capital LLC

Cable Car is a registered investment adviser managed by Jacob Ma-Weaver, CFA. Jacob started his career in corporate finance at McKinsey & Company, then helped cover global retail and telecom companies at Dodge & Cox before working as a generalist long/short analyst at Amici Capital.

Investment process

Cable Car has a concentrated, hedged, value investing approach. What does this mean? Let’s look at each of the three concepts individually. Concentrated: Cable Car takes significant positions in its best ideas, which may lead to higher volatility. Each investment has an individually attractive risk/reward profile. Hedged: Cable Car maintains positive net exposure, but utilizes short positions to help protect capital throughout market cycles. Value: Cable Car seeks investment opportunities in assets priced below intrinsic value, irrespective of whether or not they have a low multiple. Cable Car prefers to invest with a margin of safety and a differentiated view from other market participants.

Investment portfolio

Cable Car Capital invests globally in public companies. The firm screens public companies using an intensive, fundamental research process that seeks to identify mispriced securities using a value-oriented approach with a multi-year time horizon. Cable Car Capital capitalizes opportunistically on shorter-term or special situation (e.g. spinoffs, reorganizations, merger arbitrage) opportunities while maintaining a concentrated core portfolio of contrarian/out-of-favor but high-quality longs and over-hyped or mismanaged single-name shorts.
For non-U.S. public companies, Cable Car utilizes American Depository Receipts which are called ADRs. These are receipts of shares of foreign companies that trade on the U.S. stock market exchanges.

Strategy
Stocks
Sharpe ratio
-0.23 365 days
Performance
-1.4% 365 days
Risk score
Fees
  • 1.5% fee
  • $30,000 min

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Important Information

1. Performance of the Portfolio Manager's account is calculated by IB Asset Management on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail IB Asset Management's trading rules, as a result, actual client returns will differ. IB Asset Management advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".

2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.

3. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by IB Asset Management, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.