High Conviction Investing
A concentrated, long-term investment partnership focused on misunderstood, underfollowed and mispriced businesses, rooted in North American small- and micro-cap public companies.
Business analysts first, not stock analysts.
We view stocks as ownership in a business. We concentrate capital in our highest-conviction ideas — high-quality, understandable companies with long runways for growth — and use volatility to our advantage as patient, long-term capital.
Quality
Capable, high-integrity management teams, scalable business models, clean capital structures and improving profitability.
Conviction
Generally 7–12 core positions, sized by conviction, liquidity, valuation and risk, and built over time as the thesis develops.
Alignment
The portfolio manager invests significant personal capital alongside our partners. We succeed only when they do.
Transparency
Quarterly reporting, an annual audit and open, direct communication. Without the trust of our partners there would be no Hurdle6.
Primary research builds a differentiated view.
Our results depend on how well we understand the companies we own. Every potential investment goes through fundamental and qualitative analysis before any capital is committed.
Identify
Screen an underfollowed universe, tap our investor network and conferences, and look for misunderstood situations.
Review
Annual and quarterly reports, SEC and SEDAR+ filings, capital structure, ownership and recent financings.
Investigate
Industry dynamics, channel checks with customers, suppliers and competitors, management interviews and site visits.
Value
Estimate intrinsic value, weigh long-term risk and reward, and map near-term catalysts and threats to the thesis.
Commit
Size by conviction and risk, build the position over time, and monitor the thesis continuously.
- 20+ yearsInvesting in public equities
- Since 2011Active member of the MicroCapClub community
- 2014 & 2015Co-hosted the original MicroCaps Conference in Detroit
Sean Marconi
Sean is the founder and sole portfolio manager of Hurdle6 Capital, responsible for investment research, portfolio management, capital allocation and partner communications. He is a fundamental stock picker focused on identifying misunderstood, underfollowed and mispriced businesses before they are widely recognized by the market.
His approach is rooted in areas where information is less efficiently processed, but it is not limited to the smallest companies. He seeks exceptional businesses across the market-cap spectrum with exposure to emerging trends, durable tailwinds, attractive valuations and long-term value creation — and he does the primary work: meeting management, visiting operations and checking the channel.
Sean graduated from Oakland University in 2008 and lives in Michigan, about 30 minutes north of Detroit, with his wife, daughter and two dogs.
Start a conversation.
To learn more about Hurdle6, request offering materials or schedule a meeting with Sean, send us a note or reach out directly.
Hurdle6 Capital, LLC
Rochester, Michigan
- sean@hurdle6.com
- Office
- 248.904.6495
- X
- @SeanMarconi
- Sean Marconi
This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any interest in Hurdle6 Partners, LP or any other investment vehicle. Any such offer will be made only by means of a confidential private placement memorandum and related documents, and only to accredited investors. An investment in a private fund is speculative and involves a high degree of risk, including the possible loss of principal. Hurdle6 Capital, LLC is not registered as an investment adviser.