Tremblant Global ETF
TOGA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 767 Fifth Avenue, Floor 12A New York NY United States of America 10153
- IPO Date
- May 3, 2024
- Website
- tremblantetf.com
- Similar Companies
- Business
- Managed Portfolio Series Tremblant Global ETF (TOGA) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in global equity securities, including common stocks, American Depositary Receipts, and real estate investment trusts, with a focus on 30-50 concentrated positions in large- and mid-cap companies undergoing disruptive change or exhibiting durable long-term growth; the fund targets underappreciated free cash flow growth through bottom-up fundamental analysis, proprietary data science, and sector expertise, benchmarked against the MSCI World Index but not managed to track it. Top holdings typically include names such as Grab Holdings Ltd, TKO Group Holdings Inc, Spotify Technology SA, Wyndham Hotels & Resorts Inc, and Uber Technologies Inc, with sector allocations emphasizing consumer discretionary (around 25-32%), communication services (around 24%), and financials (around 13%), alongside roughly balanced U.S. (50-58%) and non-U.S. developed market exposure (42-50%). The ETF lists on NYSE Arca with a net expense ratio of 0.69%, annual dividend frequency, and total net assets exceeding $140 million as of recent filings. A series of Managed Portfolio Series, a Delaware statutory trust, TOGA is advised by Tremblant Advisors LP, a subsidiary of Tremblant Capital LP—founded in 2001 and headquartered in the United States—with sub-advisory from Vident Asset Management; the fund's CIO, Brett Barakett, and senior team bring nearly 20 years of collaborative experience in global public equities. It serves institutional and retail investors seeking tax-efficient, liquid access to differentiated global equity strategies via ETF structure benefits like intraday trading and transparency. In a major strategic shift, TOGA converted from an unregistered private investment fund (the Predecessor Fund, incepted August 1, 2022, with approximately $71 million in assets) to a registered ETF structure on April 30, 2024, adopting the Predecessor Fund's performance history and substantially identical strategies to broaden accessibility while maintaining its concentrated, active approach; no significant acquisitions, funding rounds, partnerships, or new product launches have been reported in the last 1-2 years beyond ongoing portfolio adjustments reflected in quarterly 13F filings, such as recent additions to holdings like Victoria's Secret & Co., Match Group Inc., and Baidu Inc.