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Pinyon Pine Capital LLC

Updated today

Client AUM

$46,326,679

Clients

39

Advisors

2

of 2 employees

About

Pinyon Pine Capital LLC provides discretionary equity portfolio management to individuals, trusts, family offices and institutional investors, operating several separately managed strategies — long-only, a hedged overlay, a highly concentrated long-only product, and a concentrated dividend strategy. The firm manages a small client base with AUM in the tens of millions and generally requires clients to establish custody at specified broker-dealers for account management.

The firm’s investment process is a fundamental, research-driven approach that screens for companies with high free cash flow yields and the ability to reinvest cash flow at attractive returns; portfolios are typically concentrated and managed with multi‑year holding horizons to emphasize tax efficiency in selected strategies. For clients who choose the hedged strategy, managers overlay short ETF exposure to reduce market risk, use block trades, and employ tax‑loss harvesting techniques on the short side to manage after‑tax outcomes.

Compared with many peers, the firm uses performance‑based compensation arrangements and includes detailed performance calculation disclosures and examples (including high‑water mark and benchmark‑relative treatments) in its brochure materials, and it also makes performance information available publicly. The adviser is affiliated with another investment adviser that manages a pooled vehicle and shares personnel and administrative resources, and its client and fee policies indicate it does not typically serve retail, non–high‑net‑worth individuals.

Client services

Portfolio management

Expertise

Concentrated stock management Tax-loss harvesting Active portfolio management

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Fee options

Performance-based

Long-Only and HCLO Strategies: 20% of net excess return over Russell 3000 Value Index; Hedged Strategy: 10% of net return after management fee.

Other

Account minimum: $1,000,000

Main office

191 East Sun Valley Road, Suite 204

Ketchum ID 83340

Advisors at this office

2

Most active in

California · Idaho

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Jason W

Series 63, Series 65

Ketchum, ID

Pinyon Pine Capital LLC

Jason Williams is a financial advisor at Pinyon Pine Capital LLC in Ketchum, Idaho, with 15 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Pinyon Pine Capital since 2010. Since March 2024, Dr. Williams has also served as principal and chief investment officer of Pios Capital, LLC, an Idaho exempt reporting adviser managing a pooled investment vehicle. Pinyon Pine Capital LLC provides discretionary equity portfolio management to individuals, trusts, family offices, and institutional investors. The firm employs a fundamental, research-driven investment process focused on companies with high free cash flow yields and manages concentrated portfolios with multi-year holding horizons to emphasize tax efficiency across several separately managed strategies.

Concentrated stock management Tax-loss harvesting Active portfolio management
user avatar

Brandon D

Series 65

Ketchum, ID

Pinyon Pine Capital LLC

Brandon Davis is a financial advisor at Pinyon Pine Capital LLC with a Series 65 designation and three years of industry experience. He previously worked at TBG Equity from 2016 to 2018 before joining Pinyon Pine Capital, where he has been since 2019. Pinyon Pine Capital LLC provides discretionary equity portfolio management to individuals, trusts, family offices, and institutional investors through several separately managed strategies. The firm employs a fundamental, research-driven investment process focused on companies with high free cash flow yields and emphasizes concentrated portfolios with multi-year holding horizons aimed at tax efficiency.

Concentrated stock management Tax-loss harvesting Active portfolio management
View complete list of advisors at this firm
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