Hedge Fund Database

PRECEPT MANAGEMENT, LLC

Adviser information for PRECEPT MANAGEMENT, LLC last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Texas, United States

Employees

Total Number of Employees 4
Investment Advisory/Research 3
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 3 $15.7M
Non-Discretionary 0 $0
Total 3 $15.7M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 3 $15.7M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-66256
SEC ERA File Number 801-66256
SEC CIK Numbers 1135631
SEC CRD Numbers 114671
Legal Entity Identifier 5493009G6Z4V2R7MVP39

Principal Office

200 CRESCENT COURT
SUITE 1450
DALLAS
TX
United States
Monday - Friday, 8 A.M. TO 5 P.M.
Tel: 214-880-7444, Fax: 214-880-0082

Websites

www.preceptfund.com

Chief Compliance Officer

NICK ROOSSIEN
CHIEF FINANCIAL OFFICER
200 CRESCENT COURT
SUITE 1450
DALLAS
TX
United States
Tel: 214-880-7444
Fax: 214-880-0082
(Full email address available in API data)

Industry Affiliates

9823 CAPITAL, LP Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
PRECEPT CAPITAL MANAGEMENT, L.P. Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PRECEPT CREDIT OPPORTUNITIES FUND, L.P. Hedge Fund $1.1M $0.5M 13
PRECEPT SPECIAL SITUATION FUND, L.P. Hedge Fund $3.8M $0.5M 10
THE PRECEPT FUND, L.P. Hedge Fund $10.8M $0.5M 2

Control Persons

Name Type Entity Title Since Ownership
BAKER, DANA, BLAIR Individual – MANAGING MEMBER, PRECEPT MANAGEMENT, LLC 02/1998 > 75%
ROOSSIEN, NICK, ROBERT Individual – CHIEF FINANCIAL OFFICER AND CHIEF COMPLIANCE OFFICER, PRECEPT MANAGEMENT, LLC 10/2006 < 5%

No. Employees, Historic

10502020202120222023202420254 on 3/17/20204 on 3/29/20214 on 3/28/20224 on 3/27/20234 on 3/26/2024

RAUM, Historic

300M150M0202020212022202320242025218904000 on 3/17/2020255200000 on 3/29/2021261700000 on 3/28/2022128018000 on 3/27/202315724000 on 3/26/2024

No. Clients, Historic

10502020202120222023202420254 on 3/17/20204 on 3/29/20216 on 3/28/20223 on 3/27/20233 on 3/26/2024

Holdings

From latest 13F, filed November 14th, 2023 for period ending September 30th, 2023
Name Class Value $USD # Shares Private Fund
ACM RESH INC COM CL A 543K 30K Precept Capital Management, L.P.
ADVANCED MICRO DEVICES INC COM 2M 20K Precept Capital Management, L.P.
ADVANCED MICRO DEVICES INC COM 15M 150K Precept Capital Management, L.P.
ADVISORSHARES TR PURE US CANNABIS 1M 150K Precept Capital Management, L.P.
ADVISORSHARES TR PURE US CANNABIS 1M 150K Precept Capital Management, L.P.
AMAZON COM INC COM 4M 32K Precept Capital Management, L.P.
APPLIED DIGITAL CORP COM NEW 624K 100K Precept Capital Management, L.P.
AZITRA INC COM 75K 50K Precept Capital Management, L.P.
B. RILEY FINANCIAL INC COM 205K 5K Precept Capital Management, L.P.
BIOTE CORP CLASS A COM 256K 50K Precept Capital Management, L.P.
CONTANGO ORE INC COM 454K 25K Precept Capital Management, L.P.
EVOLV TECHNOLOGIES HLDNGS IN COM CL A 122K 25K Precept Capital Management, L.P.
GRID DYNAMICS HLDGS INC CL A 246K 20K Precept Capital Management, L.P.
INVESCO QQQ TR UNIT SER 1 10M 29K Precept Capital Management, L.P.
INVESCO QQQ TR UNIT SER 1 25M 70K Precept Capital Management, L.P.
ISHARES TR RUSSELL 2000 ETF 8M 45K Precept Capital Management, L.P.
KRANESHARES TR CSI CHI INTERNET 5M 200K Precept Capital Management, L.P.
LILIUM N V CLASS A ORD SHS 71K 100K Precept Capital Management, L.P.
LIVERAMP HLDGS INC COM 721K 25K Precept Capital Management, L.P.
MICROSOFT CORP COM 3M 9K Precept Capital Management, L.P.
NAVIGATOR HLDGS LTD SHS 443K 30K Precept Capital Management, L.P.
NVIDIA CORPORATION COM 1M 3K Precept Capital Management, L.P.
PROS HOLDINGS INC COM 692K 20K Precept Capital Management, L.P.
SIGMA LITHIUM CORPORATION COM 324K 10K Precept Capital Management, L.P.
SPDR S&P 500 ETF TR TR UNIT 9M 20K Precept Capital Management, L.P.
SPDR S&P 500 ETF TR TR UNIT 34M 80K Precept Capital Management, L.P.
SYNCHRONOSS TECHNOLOGIES INC COM 644K 35K Precept Capital Management, L.P.
VOX ROYALTY CORP COM 414K 205K Precept Capital Management, L.P.