AltMountain

Ackerman Capital Management

Dallas, TX · CRD 123824
Hedge fund manager

Ackerman Capital Management is an SEC-registered investment adviser based in Dallas, TX that reports managing 2 hedge funds on Form ADV. It reports $604.0 million in regulatory assets under management. Its private funds, of all types, hold $26.6 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +6.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +19.5% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$604.0 millionForm ADV Item 5.F
Gross assets of private funds
$26.6 millionAll private fund types, Form ADV
Hedge funds managed
22 private funds in total
Employees
6Form ADV Item 5.A
Registration
SEC-registered adviserCRD 123824
Latest Form ADV
03/31/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+6.8%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+19.5%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$495.8 million119 positions, 2026-06-30
$99$118$137Q3 2024Q1 2025Q3 2025Q1 202613F est. $120S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+7.7%+14.8%
Q1 2026-0.8%-4.6%
Q4 2025+1.7%+2.4%
Q3 2025+5.2%+7.8%
Q2 2025+6.0%+10.4%
Q1 2025-0.5%-4.5%
Q4 2024-5.4%+2.1%
Q3 2024+4.8%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • SPDR Portfolio S&P 500 Growth$79.8 million
  • Vanguard Tax-exempt Bond ETF$48.1 million
  • Ishares National Muni Bond ETF$29.7 million
  • Vanguard Int Div App Indx FD$26.2 million
  • Schwab U.S. Large-cap Growth ETF$22.0 million
  • SPDR Portfolio S&P 500 Value E$20.9 million
  • Vanguard Whitehall FDS$20.6 million
  • Ishares MSCI Intl Value Factor$15.9 million
  • Ishares Inc Core MSCI Emerging$15.3 million
  • Ishares MSCI Global Min Vol$14.4 million

As of 2026-06-30, from 13F filing by Ackerman Capital Advisors, LLC.

Private funds reported on Form ADV (2)

As reported in the adviser's Form ADV filed Mar 29, 2024. Funds also listed from Form D are shown above.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures