UBER
Uber Technologies
Scaled rideshare, delivery, and marketplace economics across multiple transportation verticals.
Period Return-21.0%
Alpha vs. SPY-26.7%
Peak DateNov 12, 2025
An Independent Student Investment Fund
Student-Run Investment Fund
at USC
Trojan Hedge Fund gives USC students a practical forum to source ideas, debate investment theses, manage initial capital, and build judgment through public-market experience.
$25K
Initial Capital
10
Active Members
Est. '25
Founded
About Us
Research, Debate, and Portfolio Work
Trojan Hedge Fund was founded by students at the University of Southern California to make public-market investing more practical, collaborative, and accountable. The club is not officially affiliated with USC or in the process of seeking university approval; it is an independent student-run fund organized by USC students.
The goal is not to sound like a Wall Street brochure. It is to give students a place to practice clear thinking, market judgment, and disciplined communication.
Long / Short Equity
Long and short ideas are evaluated through company diligence, valuation work, and risk/reward framing.
Fundamental Research
Analysts build simple, defendable models and pressure-test the assumptions behind each pitch.
Risk Management
Positions are tracked with attention to catalysts, downside cases, and portfolio concentration.
Mentorship
Guidance from alumni at top buy-side and sell-side institutions.
Investment Process
How Ideas Move Through the Fund
A practical workflow from sourcing and diligence to committee discussion and ongoing monitoring
01 SOURCING
Idea Generation
Analysts source companies through industry reading, screens, earnings events, and questions that come up in committee
02 DILIGENCE
Deep Research
Each pitch includes a model, comparable companies, a variant view, and the risks that would break the thesis
03 EXECUTION
Portfolio Construction
Committee discussion determines sizing, monitoring cadence, and the specific data points members will revisit after entry
Current Portfolio
Uber and Lyft are tracked as a small public-equity case study: price performance, benchmark comparison, and monthly discussion notes
Cumulative Return · Capital IQ
UBER vs. LYFT vs. S&P 500
Nov 12, 2025 - May 6, 2026
UBERLYFTS&P 500
$73.93
Mobility Performance
Long UBER / Short LYFT
Equal-dollar, buy-and-hold pair trade · Before fees and borrowing costs
+26.7%
Pair Trade Return
-15.4%
Long UBER Leg
+42.1%
Short LYFT Leg
+19.2%
Excess vs. S&P 500
Leadership
Our Team
Driven analysts and portfolio managers united by intellectual curiosity and a passion for markets
Tronny Tran
Co-Founder & Portfolio Manager
Sahil Katta
Co-Founder & Managing Partner
Nikhil Reddy
Chief Investment Officer
Yueshuang Wang
Head of Technology Research
Join Us
Recruitment Process
We recruit once per semester. We look for intellectual curiosity, analytical rigor, and a genuine passion for public markets.
1
Application
Resume, cover letter, and a brief stock pitch (long or short).
2
Behavioral Interview
30-minute conversation on markets, investing philosophy, and fit.
3
Stock Pitch Presentation
Present a full investment pitch to the investment committee.
4
Final Decision
Offers extended within one week of final round.