BIT Defensive Growth

The team behind BIT Capital combines extensive experience as technology entrepreneurs with traditional fundamental bottom-up research to identify major opportunities in the technology sector. The firm seeks to develop a deep understanding of companies and their business models, with a focus on growth and quality, leveraging proprietary data insights and a core emphasis on alternative data. Every day, over 80 TB of data are processed, generating hundreds of near–real-time features per company. These data and signals are used to validate fundamental assumptions, track KPIs relevant to stock price performance, and enable early identification of inflection points. The final portfolio typically includes 60-70 names, with relative weightings optimised based on three criteria: conviction score, cross-correlation, and deviation from a risk-parity portfolio. The portfolio is rebalanced on a monthly basis. This long portfolio is complemented by an index-based downside protection strategy (always active), along with active long/short trading in single-stock options to generate alpha, using signals derived from BIT Capital’s quantitative research insights.