Company Name
Horse Cove Partners LLC

  • Address
  • 1899 Powers Ferry rd
  • Suite 125
  • Atlanta
  • Georgia
  • 30339

Horse Cove Partners LLC

Horse Cove Partners LLC was founded in late 2012 to help clients profit from the “art and science” of taking risk. The rules-based, risk-focused strategy, is designed to produce non-correlated positive monthly returns. The Firm’s investment approach consists of an active option strategy that is executed weekly. The Firm seeks to generate revenue from selling both put and call options on the S&P 500 Index.

Samuel T. DeKinder, Managing Director and Portfolio Manager - Samuel T. DeKinder has over 40 years of investment experience. He is the Founder of Horse Cove Partners. Following his retirement from Invesco Ltd in 2006., Mr. DeKinder was a partner and Vice President of Marketing for FISCO Appreciation Management LLC. Mr. DeKinder served as a member on the Board of Directors of Invesco, MIM PLC (the predecessor to Invesco Ltd.), in addition to a variety of executive capacities during his nearly 20 years with Invesco. He currently serves as a member of the Board of Directors of Kennedy Capital Management. Previously, Mr. DeKinder was a Co-Founding Principal of DeMarche Associates, one of the nation’s most prominent investment consulting firms. He graduated from the University of Oklahoma with degrees in Economics and Statistics.

Kevin Ellis, Managing Director - Mr. Ellis brings more than 30 years of financial, administrative and operations experience to the Firm. Additionally, he is COO and a principal of FISCO Appreciation Management LLC. Previously, Mr. Ellis served as a Founding Principal, Managing Director and COO at Labyrinth Group, LLC, an investment management firm utilizing structured securities. Prior to that, he was Manager of Corporate Development at Arthur Andersen, LLP, where he focused on finance, mergers and acquisitions. Earlier in his career, he served as Vice President of Business Planning at SUPERVALU, Inc. Mr. Ellis is a graduate of Minnesota State University-Mankato BA Finance and earned a Juris Doctorate from William Mitchell College of Law and was admitted to the Minnesota bar in 1983.

Investment portfolio

We do not believe we are smarter than the market, nor can we time the market in any given week or month. As a result, we take an approach similar to an insurance company in our investment strategy that focuses on probability of success and the management of risk.

All investments entail risk. Loss events do occur. However, there is an undeniable characteristic of investors (humans). We have an overwhelming fear of large loss and that translates into overpaying for “insurance”.  Horse Cove makes money because at its core, that “insurance” is over-priced. There is a difference between implied volatility in the pricing of an option and the realized volatility at expiration. That difference cannot be arbitraged away. Horse Cove Partners profits by selling implied volatility and profits when realized volatility is less than implied as time decays.

As advisers, we understand that events will occur.  “When” they will occur is the unknown. One of the keys to success is to take intelligent losses when those events occur and expect that the trading strategy will result in positive performance net of those losses over time.

We believe our success comes from focusing on the risk of each trade. By maintaining a weekly investment horizon and relying on over 60 years of history of market movement we believe it is possible to realize positive returns through option transactions, while maintaining acceptable risk limits.

Strategy
Options
Sharpe ratio
2.07 365 days
Performance
14.3% 365 days
Risk score
Fees
  • 1.5% fee
  • $14,000 min


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.