{"id":"fundstrat-capital","title":"Fundstrat Capital","content":"Fundstrat Capital is an SEC-registered investment adviser headquartered in New York, offering discretionary managed-account portfolios. The firm transforms macro and equity research from Fundstrat Global Advisors into managed investment products for clients. Although Fundstrat Capital operates as a distinct legal entity, it shares key personnel and research infrastructure with Fundstrat Global Advisors, including co-founder [Thomas J. \"Tom\" Lee ](https://iq.wiki/wiki/tom-lee)and Mark L. Newton. [\\[1\\]](#cite-id-pYGrfVwLpxa1ui5s) [\\[2\\]](#cite-id-x9ByYmv8X4APFkOT)​\n\n## Founding\n\nFundstrat Capital's SEC filings — specifically a fund prospectus and a Code of Ethics document — independently state the firm \"became an SEC-registered investment adviser in 2024\" and that it \"was formed in June 2024.\" These statements are consistent with the firm's team page, which describes a Spring 2024 founding. On balance, 2024 is the well-supported founding year; earlier reporting that listed a late-2023 date appears to be a less reliable source.\n\n## Relationship to Fundstrat Global Advisors\n\nFundstrat Global Advisors is an independent research advisory firm co-founded by [Tom Lee](https://iq.wiki/wiki/tom-lee) in September 2014, after his tenure as the Chief U.S. Equity Strategist at JPMorgan. The firm has expanded to employ more than 30 full-time staff and serves clients like hedge funds, mutual funds, and family offices in over 26 countries. Fundstrat Global Advisors was one of the first Wall Street firms to offer institutional coverage of [Bitcoin](https://iq.wiki/wiki/bitcoin) and other cryptocurrencies. [\\[3\\]](#cite-id-E7zHS88Dbqke33SG) [\\[2\\]](#cite-id-x9ByYmv8X4APFkOT)\n\n## Leadership Team\n\nThomas J. Lee, CFA, is the Chief Investment Officer of Fundstrat Capital and the Co-Founder and Head of Research at Fundstrat Global Advisors.\n\nKen Xuan, CFA, FRM, is the Portfolio Manager and Head of Data Science at Fundstrat Capital.\n\nMark L. Newton serves as the Head of Technical [Strategy](https://iq.wiki/wiki/strategy) at Fundstrat Global Advisors, contributing technical analysis to investment strategies.\n\nSean Farrell is the Head of Digital Asset [Strategy](https://iq.wiki/wiki/strategy) at Fundstrat, focusing on research related to crypto markets and blockchain technology.\n\n## Products\n\nOne of the products associated with Fundstrat Capital is the Fundstrat Granny Shots U.S. Large [Cap](https://iq.wiki/wiki/cap) ETF (NYSE Arca: GRNY), a thematic large-cap equity fund. As of July 15, 2025, this ETF reported $1.68 billion in assets under management. The fund employs a theme-based approach, selecting stocks that align with Fundstrat's research insights.\n\n## Tom Lee's Involvement in Cryptocurrency\n\n[Tom Lee](https://iq.wiki/wiki/tom-lee) has been involved in the crypto industry. In June 2025, he was appointed Chairman of the Board of BitMine Immersion Technologies (NYSE American: BMNR), an [Ethereum](https://iq.wiki/wiki/ethereum) treasury company. Under his chairmanship, BitMine increased its [Ethereum](https://iq.wiki/wiki/ethereum) treasury holdings. This role is concurrent with his positions at Fundstrat and Fundstrat Capital. [\\[3\\]](#cite-id-E7zHS88Dbqke33SG)\n\n## Ecosystem Role & Partnerships\n\nFundstrat Capital uses research, data, and personnel from Fundstrat Global Advisors to inform its managed-account products. The shared research infrastructure provides research reports, data, and analysis that Fundstrat Capital applies in portfolio construction and portfolio management decisions. [\\[4\\]](#cite-id-yYwS2x2XvbT3MUyu) [\\[2\\]](#cite-id-x9ByYmv8X4APFkOT)","summary":"Fundstrat Capital is an SEC-registered asset management firm founded in 2024 by Thomas J. 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