Shenandoah | Capital Management
Shenandoah Valley’s premier investment manager. One firm, two solutions.
1. Private Fund
Our flagship fund for partners that need larger, long-term investments which provide value over a number of years.
2. Special Purpose Fund
This streamlined vehicle provides an agile structure from fundraising to capital deployment. There is a three-year minimum commitment.
Current Portfolio (market close: November 28, 2025)
Performance
| June 2018 – November 2025 | Shenandoah Capital | S&P 500 |
|---|---|---|
| Total Return | 494% | 150% |
| Annualized | 26.8% | 13% |
November Update
- Reduced our position in Palantir Technologies (PLTR) due to high valuations with the AI news. The company makes money and we do have a positive outlook in the long-term, but for now, we have other places we can put cash.
- Alphabet (GOOG) had a big month, and the holding is now our second-largest common stock position and overall 5th largest position. We have not bought or sold additional shares since 2020.
- Added Coursera (COUR)
Management
Nicholas J. DeSantis is the founder and Chief Investment Officer of Shenandoah Capital Management LLC and has been conducting fund management and operations for over five years. He began investing in 2008 at the age of 15.
- Pennsylvania State University (B.S.) Business Management & Marketing
- Uniform Investment Adviser (Series 65) license
- Yale University, Financial Markets Certificate program
Contact Information
Office: (540) 931-5340
Email: invest@shenandoahcap.com