Nuna Investments

The firm provides discretionary investment management primarily to pooled and institutional clients, including pension and profit‑sharing plans, charitable organizations, and corporate entities, while also accepting trusts, estates and high‑net‑worth separately managed accounts. It additionally offers financial planning and consultation services on an hourly or fixed‑project basis.

Its investment approach is bottom‑up fundamental analysis with an owner‑minded focus on identifying significantly undervalued common stocks and maintaining a margin of safety; portfolios are typically constructed with a concentrated set of holdings (generally 10–100 securities) and may hold cash when attractive opportunities are limited. The firm emphasizes long holding horizons, conservative valuation estimates, position sizing, and periodic rebalancing rather than short‑term market timing.

Notable distinctions include that the firm is newly established with no assets under management and a sole principal, and it combines traditional asset‑based management with optional performance‑based arrangements that include hurdle and high‑water‑mark mechanics. It also uses hourly and fixed‑project billing for financial planning—an uncommon fee practice for firms that primarily manage pooled or institutional assets—and the principal maintains full‑time non‑investment employment, with research and portfolio work conducted outside those work hours.