Get Started

Denali - A Long Only Equity Strategy

Denali follows a proprietary quantitative process to identify US stocks with positive idiosyncratic price trends. It systematically builds a portfolio of these stocks and applies a systematic risk management framework to this portfolio. The strategy's philosophy is very defensive. Denali only deploys capital when strong uptrends are present. In their absence, like during periods of down markets, it preserves capital by increasing the allocation to cash. The Denali strategy has an asymmetric “long call option” return profile. It cuts short the negative left tail of returns while leaving the positive right tail uncapped.

Get Started

Apple store buttonGoogle play button

Investment Universe

US stocks above $1bn in Market Cap

Strategy Type

Quant Equity - systematic stock picking

Managed By

Ascent Systematic Advisors LLC

Strategy Highlights

Low Minimum Investment $20,000

High Standards

A long-only strategy that holds investments that are gaining with strict risk protocols to release investments that are not

Low Minimum Investment $20,000

Simple and Intelligent

A strategy that has put sophisticated technology behind simple investment philosophy, keep investments that are growing and remove underperformers efficiently

Low Minimum Investment $20,000

Talented Management

A strategy manager who was so good at fine tuning his own portfolio his financial services clients requested he open the strategy to them; he created Denali as the best way for him to invest

This Is Why Denali Is the Right Strategy for You

Denali takes simple investment theory and puts it to work in sophisticated algorithms, taking into account vast amounts of data.

A long-only strategy, Denali seeks to gain opportunities in the market with the simplicity that if an investment doesn’t perform it is removed.

The overall goal is to profit from trends and to eliminate behavioral bias inherent in stock investing, to have systems invest “by the numbers” with a singular focus on gains and risk management.

This makes for simple risk controls implemented within sophisticated systems as well, Denali removes investments going down expediently, historically reducing risk while increasing gains.

Overall, Denali uses big data analysis and the removal of human emotion from the investment process to meet its intended goal of beating the market regardless of market conditions.

Download Our Latest Performance Report

Interested in alternative investment strategies? Download our performance report now!


Marcos Bueno - The Manager Behind Our Denali Hedge Fund Strategy

Marcos Bueno is the founder and CIO of Ascent Systematic Advisors LLC. Previously, he was the CIO at Argon Capital Management, Partner and Senior Portfolio Manager at the London office of Graham Capital, Portfolio Manager at JPMorgan’s proprietary trading desk, and he also worked at Goldman Sachs in the Multi-asset derivatives structuring and in the Power & Gas M&A  teams. Mr. Bueno obtained an MBA with Honors from The Wharton School, holds an MS in Economics and Applied Mathematics from Ecole Polytechnique in France, and a BS and MS in Industrial Engineering from UPM in Spain. He is a marathoner and former national level competitive track & field athlete.

“The number one thing I want to make sure of is that the models are not going to own anything that is going down. That is hard-coded. It is never going to happen. Denali doesn’t care about the market as a whole. It only cares about finding opportunities that meet the criteria for capital deployment. It is a very conservative approach. The bar that we need to clear to put money to work is very high.”

Marcos Bueno
Hedge Fund Manager @ CARL Denali, LLC

Sophisticated Alternative Investments Aren’t Just for Institutions Anymore

Get Started


3 Easy Steps to Invest in Our Denali Quant Fund Strategy

Investing in our Denali hedge fund strategy is pretty simple: just create an account, add the strategy to your portfolio and on the next funding cycle you're in.

Set Up Your Account

Quickly and securely create your account, verify your investor status and become a member of our community.

Analyze Investments

Search for offerings that fit your risk and return criteria, create model portfolios, and use the CARL tools to help you identify the best investments for you.

Fund Your Investment

Simply choose an account type, fund your investment, and follow your investment portfolio on CARL.

What Investors Say About CARL

"I didn’t know investments like this existed before finding CARL, and I guess they didn’t for regular investors until now. It provides so many more options, I can now manage my own hedge fund portfolio, diversify my investments and I have the potential to earn a return regardless of market direction."

CFO, Michigan


Besides Denali We Also Offer Other Types of Strategies

Combining flexibility and versatility, quant hedge funds are the perfect opportunity to cover all your bases. By exposing your portfolio to non-traditional asset classes besides traditional revenue areas like the stock market or real estate, you can gain lucrative benefits, especially in volatile markets. Whether you have years of experience as an investor or you're looking for new investment opportunities – CARL is your ticket to investment success.

Fitz Roy

Fitz Roy's primary objective is to generate superior returns while minimizing risk. The Fund seeks to achieve its objective by taking advantage of a proprietary investment product designed to identify short-term investment opportunities in portfolio holdings.

Strategy details

El Capitan

El Capitan's fundamental philosophy is based on the selection of global markets with the greatest inflow of capital at the present time. The strategy uses quantitative decision making techniques that measure the strength of the market based on the flow of capital.

Strategy details

MB Commodities Capital

MBCC uses forward looking cross asset arbitrage models to pick up on future demand trends that are yet to be priced into the Equity and Commodity market based on any economic cycle.

Strategy details


Cayler Capital LLC (CCL) is a systematic energy program that seeks to deliver growth, diversification, and preserve capital in the oil market via systematic discipline with fundamental analysis. CCL is focused on trading futures and options in the WTI, Brent, Gasoline, and Heating Oil markets.

Strategy details

Dynamic Factor Portfolio

Fuji employs the Dynamic Factor Portfolio Strategy (DFP) developed by our Co-Founder, Masao Matsuda, PhD and FRM as a result of his years of research as a Financial Risk Manager (FRM) at Nikko Securities and beyond....

Strategy details

Carthage Fund II

Carthage's primary objective is to achieve a weekly profit margin of +0.5-1% through the sale of options, collecting premiums, which is expected to compound to an annualized return in the range of +30-60%. Notably, our strategy yielded impressive returns of +194% in 2020, +149% in 2021, +30% in 2022, and +41% in 2023....

Strategy details

Denali Investment Strategy by CARL


Denali's investments in US stocks allow this strategy to preserve capital in down periods and react quickly during strong uptrends. This defensive approach blends low-risk affinity with long-term return goals to create revenue streams.

Strategy details

K2 Investment Strategy by CARL


K2 blends behavioral finance and traditional valuation techniques to select stocks from the S&P 500. The fund strategy is quick to react to stock market ups and downs and aims at consistently generating profits.

Strategy details

Kilimanjaro Investment Strategy by CARL


Energy, metals, agriculture - Kilimanjaro invests funds in futures spanning the entire commodities spectrum. Its market-neutral approach makes this strategy a perfect pairing with other uncorrelated or other more straight-forward strategies.

Strategy details

Olympus Investment Strategy by CARL


Olympus uses three fully automated and complementary systems to generate returns. Unlike many hedge funds, this strategy takes full advantage of quant methods to generate revenue for its investors.

Strategy details

Victory Peak Investment Strategy by CARL

Victory Peak

Multiple systems compete for capital, emphasizing compound annual return while aiming to minimize drawdown. This strategy seeks to determine the current behavioral regime and apply capital only when the corresponding probabilities show a positive mathematical expectation.

Strategy details


Matterhorn uses statistics to take advantage of the price actions of different securities. The strategy invests in financial instruments representing: US equities, US bonds and commodities.

Strategy details


A diversified, systematic multi-strategy vehicle, which aims to generate long-term absolute returns by creating layers of statistical agents across asset classes through different signals, universes and frequencies.

Strategy details

Ready to Invest in Alternatives?

Get Started

Was this information useful?
(6ratings, Ø 4.3)