Lava Creek Capital Management, LLC

Lava Creek Capital Management provides discretionary portfolio management to individuals, high‑net‑worth clients, trusts, retirement plans, donor‑advised funds, and certain business entities, and also serves as a sub‑advisor to other registered investment advisers. Services are delivered through separate accounts tailored to each client’s objectives and constraints.

The firm follows an active mid‑cap value investment approach that combines quantitative screening, fundamental and qualitative research, valuation assessment and technical analysis to construct concentrated portfolios; position weights typically range from about 2–10% with new positions often initiated at 3–5%. Portfolios are managed with a relatively low turnover profile (historically 20–35%) and an expected investment horizon of roughly three to five years, with selective use of event‑driven special situations and ongoing quarterly reviews.

What is distinctive about the firm is its explicit use of options and other derivative strategies within separately managed accounts, a practice the brochure identifies and discusses in detail, including associated risks and potential hedging/speculation uses. The combination of a focused mid‑cap value mandate, concentrated position sizing and the documented use of derivatives in client SMAs sets its implementation approach apart from many peers.