Emeth Value Capital, LLC

Emeth Value Capital, LLC is a diversified fundamental manager, specialised in services_media (90% of the long book), running a $66.0M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: DRIVEN BRANDS HOLDINGS INC, BURFORD CAPITAL LTD, SHIFT4 PAYMENTS INC-CLASS A, VIVID SEATS INC - CLASS A.

Over the last 6 quarters its long book ran on average 6pp per quarter behind the S&P 500, beating the index in 1 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.