Established in 2014 by Daren Heitman, who serves as the Managing Partner and Chief Investment Officer (CIO), Azarias Capital Management is a dedicated asset manager focusing on investments in small and microcap companies within the United States. Daren Heitman, the visionary behind Azarias, brings a wealth of experience as an accomplished Portfolio Manager and CIO in the investment management industry. His track record includes a demonstrated ability to excel in identifying publicly traded companies and industries poised for a fundamental turnaround.
A distinguished alum of The University of Chicago - Booth School of Business, Daren Heitman graduated with Honors, further underscoring his expertise and commitment to excellence in the financial realm. Based in Berwyn, Azarias Capital Management operates as a hedge fund, catering to a discerning clientele of two clients. The firm manages discretionary assets under management (AUM) amounting to $126,566,996, as per the details outlined in the Form ADV dated May 11, 2023.
The latest reported 13F filing for Q3 2023 sheds light on Azarias Capital Management's investment strategy, revealing a substantial $202,397,326 in managed 13F securities. Notably, the firm maintains a noteworthy top 10 holdings concentration of 68.64%, showcasing a focused approach to its investment portfolio.
