Capacity for high-demand names (eg SPCX, AAPL, NVDA, GOOG/L, AVGO) is limited in each fund and we consider several factors to determine how allocations are distributed.
Single stock vs multiple stocks. A client bringing only Apple competes directly with every other Apple holder for the same slice of capacity. A client bringing Apple alongside JP Morgan and Costco receives higher overall priority because the diversified basket is more useful to the fund.
This also works across your client base. Positions sourced firm-wide are evaluated together, so an advisor bringing three clients in three different names strengthens the standing of each request. If you have clients holding names the fund is light on, submitting them in the same window as your high-demand requests improves the odds on both.
Exchange history. Advisors who have completed exchanges with Cache carry more weight than firms placing a first request. Capacity on the most constrained names generally goes to advisors with prior exchange history. Starting with less constrained positions is the practical way to build that standing before requesting capacity on an oversubscribed stock.
Timing. Within a fund cycle, earlier submissions are ahead of later ones. Cache does not onboard clients and hold their shares while waiting for capacity to open. Transfers are requested once a close date is assigned, so your clients' stocks stay under your management until capacity is available.
Visit the advisor portal to check current availability for your clients' stocks. To request a high-demand allocation, email advisors@usecache.com and tell us what other positions you are seeing across your practice.