The AI adoption gap
is where the market is wrong.
A constructivist hedge fund. New York.
AI adoption is the most mispriced opportunity in small and mid-cap public equities.
Patrick Feeley, Founder & CIOThese are unrepeatable times.
While capital sprints toward the loudest names in AI, we run toward the same roar to find what the herd has mispriced on its way past.
Our edge is contrarian conviction, disciplined by analysis.
What we do
-
Concentrated public equities
Positions in durable small and mid-cap companies where AI claims run ahead of the audited statements.
-
Constructivist partnership
Direct engagement with management to close the intelligence gap, without displacing the operators who know the business.
-
Research mandate
The diagnostics and the playbook are in Pilot Purgatory, published May 2026.
-
Deployment partners
We partner with category-leading, VC-backed AI companies and put their systems into durable mid-cap operators.
The name
The Sargasso Sea is the only body of water on Earth defined by its currents rather than by land.
The firm