DUNN Capital Management

Name

DUNN Capital Management

Legal name

DUNN Capital Management, LLC

Website

https://dunncapital.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

DUNN Capital Management is a US Commodity Trading Advisor that runs fully systematic, 100% rules-based trend-following futures programs (WMA and WMA Institutional) for accredited and institutional investors, trading 65 markets across equities, fixed income, currencies, energy, metals, agricultural and volatility futures.

Ownership category

akta.pro rank

Product category

Managed Futures / Systematic Trend Following

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Hedge Funds — Commodity Systematic/CTA (Managed Futures) (FSAHAHAC)

akta.pro secondary industry

Multi-Strategy — Quant/Systematic Multi-Strategy (FSAHAFAH)

Keywords

• Managed futures trading
• Systematic trend following
• Commodity trading advisor
• Managed futures programs
• Alternative investment strategies

Headquarters

HQ city

Stuart

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Management and Performance Fees: DUNN operates on a fee structure where management fees are not charged. The firm is invested alongside clients in the same strategy with 10% AUM being proprietary capital. This alignment ensures investor interests are fully aligned with the firm's interests.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

DUNN Capital Management is a Commodity Trading Advisor (CTA) offering diversified, 100% systematic, medium-to-long-term trend-following managed futures programs. The firm manages over $1.7 billion in client assets via its flagship WMA (World Monetary and Agriculture) program and the half-leverage WMA Institutional (WMAI) variant, traded across 65 global markets including equity, fixed income, currency, energy, metal, agricultural and volatility futures. The firm uses a proprietary Adaptive Risk Profile (ARP) methodology to dynamically scale portfolio risk based on trend confidence, volatility, and inter-market correlations.

Product overview

DUNN Capital Management offers systematic trend-following managed futures programs, specifically the WMA (World Monetary and Agriculture) flagship program and its lower-leverage WMA Institutional (WMAI) variant. The WMA program is a diversified, 100% systematic, medium-to-long-term trend following strategy that trades across 65 markets including commodities, currencies, interest rates, and equities. WMAI operates at half the leverage of WMA. Both programs utilize the proprietary Adaptive Risk Profile (ARP) dynamic risk management methodology. Investment vehicles include pooled funds ($100k minimum), offshore funds ($100k minimum), separately managed accounts ($10M for WMA, $25M for WMAI), and access to Arrow Funds mutual fund.

Differentiator

Problem solved

Functional benefit

Products and services

• WMA (World Monetary and Agriculture) Program A diversified, 100% systematic, medium-to-long-term trend-following program that extracts profits from up and down trends across equity, fixed income, currency, energy, metal, agricultural and volatility futures markets with no long or short bias. Trades 65 global markets and uses the proprietary Adaptive Risk Profile (ARP) for dynamic risk management.
• WMA Institutional (WMAI) Program

Quantifiable outcome

• Value at Risk (WMA): Monthly VaR at 99% confidence level expected in range of 22% to 8%, with average of 15%, translating to annualized volatility of ~23%
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Arrow FundscoreChannel Partner/ Reseller/ DistributorArrow Funds provides a mutual fund wrapper for the WMA strategy, allowing investors to access DUNN's systematic trend following program through a regulated mutual fund structure. This partnership expands distribution to investors who prefer mutual fund vehicles over hedge fund or separately managed account structures.
• MontLake UCITScoreStrategic or Co-development PartnerMontLake UCITS provides the UCITS fund structure for the DUNN WMA Institutional strategy, enabling European institutional investors to access DUNN's trend following program through a regulated UCITS vehicle. The fund has received industry recognition.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Winton Group: Winton is a London-based systematic CTA founded in 1997 that runs large-scale diversified quantitative / trend-following programs across global futures — closely analogous to DUNN in philosophy, asset class breadth, and institutional customer base.
• Man AHL: Man AHL is one of the largest and longest-tenured systematic managed futures / CTAs, running diversified trend-following and other quantitative strategies across global futures markets — directly comparable to DUNN's WMA program in approach (rules-based, multi-market, multi-asset) and in serving institutional allocator clients.
• Graham Capital Management: Graham Capital is a Connecticut-based systematic and discretionary CTA founded in 1994, running quantitative trend-following and macro strategies for institutional and HNW clients — directly comparable to DUNN in systematic foundations, multi-strategy research depth, and CTAs-as-investment-management positioning.
• Campbell & Company: Campbell & Company is a Baltimore-based systematic CTA founded in 1972, running global managed futures programs across trend and counter-trend strategies — directly comparable to DUNN in longevity (older than DUNN by 2 years), systematic CTAs business model, and family-office / institutional customer mix.
• Aspect Capital: Aspect Capital is a London-based systematic CTA founded in 1997 by Anthony Todd, running diversified trend-following programs across global futures and FX — closely comparable to DUNN's WMA program in core methodology and institutional allocator focus.
• AQR Managed Futures: AQR runs a large managed futures / trend-following product as part of its alternatives platform; it is directly comparable to DUNN in systematic trend-following methodology and in serving institutional and advisor channels, though AQR is much broader and better capitalized.
• Lynx Asset Management: Lynx is a Swedish systematic managed futures firm founded in 1999, running diversified quantitative programs across global futures markets — directly comparable to DUNN in size range, systematic philosophy, and multi-asset global futures focus.
• Transtrend: Transtrend is a Dutch systematic CTA founded in 1991, running diversified trend-following programs (DTP) across global futures — directly comparable to DUNN in offering diversified systematic trend programs to institutional and advisor clients in Europe and globally.

Emerging players

• Systematica Investments: Systematica is a systematic managed futures / multi-strategy firm founded in 2015 by Leda Braga (ex-BluTrend/Deutsche Bank), focused on trend-following and other quantitative futures strategies — a newer-generation comparable to DUNN in trend-following DNA and institutional distribution, though much larger and newer.

Broad incumbents

• Millennium Global Investments: Millennium is a large multi-strategy / multi-manager hedge fund that runs systematic managed futures as one of its many pods — relevant as a much broader incumbent that competes for the same institutional allocator alternatives budget with both trend-following and complementary strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dunn-capital-management-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DUNN Capital Management