Growth of $1,000 VAMI and Monthly Return
Trading Description, Risk Strategy & Background
Sizemore Capital, founded in 2008, is a registered investment adviser (RIA) and commodity trading advisor (CTA) serving high net worth individuals, private funds, and individual investors. Services include traditional money management, liquid alternative strategies and full-service wealth management. Strategies focus primarily on absolute-return strategies with low correlations to the traditional equity markets. Blue Orbit Capital Management LLC ("Blue Orbit" or the "Firm") is the general partner of the Blue Orbit Capital Fund I, LP (the "Fund"). Blue Orbit was formed as a partnership between Charles Sizemore, CFA and Mario Randholm in 2019. Mr. Sizemore and Mr. Randholm have collaborated in managing client portfolios since January of 2018 and previously worked together under Sizemore Capital Management LLC ("Sizemore Capital"). Blue Orbit and Sizemore Capital share resources such as office space, computer hardware, and various services. Charles Sizemore owns 100% of the ownership interests of Sizemore Capital. Mr. Sizemore and Mr. Randholm each own 50% of the ownership interests of Blue Orbit. While Blue Orbit is the General Partner of the Fund, Sizemore Capital serves as Investment Adviser to the Fund.
Strong focus on risk management: Risk management is built into the investment process and underpins all other considerations.
Tax Treatment: Returns on options trades will generally be a blend of long-term and short-term capital gains. Interest income from invested collateral will generally be taxed as ordinary income.
Charles Lewis Sizemore, CFA is the founder and principal of Sizemore Capital Management LLC, a registered investment advisor.
Charles is a frequent guest on CNBC, Bloomberg TV and Fox Business News, has been quoted in Barron's Magazine, The Wall Street Journal, and The Washington Post and is a frequent contributor to Kiplinger's, GuruFocus, MarketWatch and InvestorPlace.com.
He holds a master's degree in Finance and Accounting from the London School of Economics in the United Kingdom and a Bachelor of Business Administration in Finance with an International Emphasis from Texas Christian University in Fort Worth, Texas, where he graduated Magna Cum Laude and as a Phi Beta Kappa scholar. Charles is a CFA Charterholder in good standing.
Mr. Sizemore holds the Series 3 license.
Mario Randholm is a Portfolio Manager and the founder of Randholm & Co., an investment management company specializing in quantitative strategies, serving clients globally.
Mr. Randholm has over ten years of experience working as a proprietary trader and portfolio manager in the United States, Europe and South America. He has extensive experience in modelling financial derivatives and in building quantitative trading strategies with low correlations to traditional equity benchmarks.
Prior to founding Randholm & Co., Mr. Randholm worked with Nexus Capital in New York as an analyst and trader. While based in Madrid, he held the positions of Proprietary Trader and Strategic Corporate Analyst at Spanish multinational bank BBVA. Mr. Randholm interned at Merrill Lynch while completing his undergraduate studies.
Mr. Randholm additionally serves as a Professor of Finance at the Universidad de Lima in Lima, Peru. He holds an MBA from the IE Business School, Madrid, Spain and a BBA in Management with Specialization in Finance from Adelphi University in New York.
Mr. Randholm holds the Series 3 license.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR (YTD) | Max DD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.24% | 0.21% | 0.10% | 0.16% | 0.71% | N/A | ||||||||
| 2024 | 0.44% | 0.84% | 0.45% | -0.60% | 1.01% | 0.50% | 0.45% | 0.45% | 0.45% | 0.33% | 0.36% | 0.54% | 5.34% | -0.60% |
| 2023 | 0.25% | 0.05% | 0.54% | 0.36% | 0.07% | 0.14% | 0.45% | 0.25% | 0.35% | 0.57% | 0.45% | 0.40% | 3.94% | N/A |
| 2022 | -19.00% | -5.02% | 0.14% | -0.27% | 0.24% | 0.06% | 0.93% | -0.11% | -0.03% | -0.09% | 0.32% | 0.17% | -22.00% | -23.16% |
| 2021 | 0.72% | 1.06% | 2.39% | 0.84% | 1.04% | 0.70% | 0.14% | 3.90% | -2.35% | 6.68% | -0.06% | 2.58% | 18.82% | -2.35% |
Accounting Notes: Blue Orbit Capital Fund I, LP commenced trading on June 1, 2019. Performance shown prior to June 2019 covers a substantially identical SMA portfolio managed by Sizemore Capital Management and its portfolio managers. There are no significant differences between the portfolio managed previously by the Sizemore Capital Management and the portfolio currently managed for the Blue Orbit Capital Fund I, LP. All performance data, including that of the SMA prior to the launching of the Fund, have been audited.
Annual Performance Summary
| Year | Yearly Return | Max Drawdown | Year-End AUM |
|---|---|---|---|
| 2025 | 2.15% | N/A | $6,000,000 |
| 2024 | 5.34% | -0.60% | $6,000,000 |
| 2023 | 3.94% | N/A | $6,000,000 |
| 2022 | -22.00% | -23.16% | $7,025,000 |
| 2021 | 18.82% | -2.35% | $10,132,315 |
| Year | Yearly Return | Max DD |
|---|---|---|
| 2025 | 2.15% | N/A |
| 2024 | 5.34% | -0.60% |
| 2023 | 3.94% | N/A |
THERE IS UNLIMITED RISK OF LOSS ASSOCIATED WITH WRITING SHORT OPTION CONTRACTS.
Accounting Notes:
Blue Orbit Capital Fund I, LP commenced trading on June 1, 2019. Performance shown prior to June 2019 covers a substantially identical SMA portfolio managed by Sizemore Capital Management and its portfolio managers. There are no significant differences between the portfolio managed previously by the Sizemore Capital Management and the portfolio currently managed for the Blue Orbit Capital Fund I, LP. All performance data, including that of the SMA prior to the launching of the Fund, have been audited.Risk Disclosure
THIS MATTER IS INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS, FOREIGN EXCHANGE ('FOREX') AND/OR CRYPTOCURRENCIES IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA’S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.
THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.
AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.