When we launched Sophon Capital Research, the idea was simple: writing about our investments would sharpen our thinking and force rigor into our process. Over time, we discovered that the work resonated not only with us, but with a broader community of investors - family offices, RIAs, and individuals - who valued high-quality, buy-side style research at a price point that wasn’t prohibitive.
As we kept sharing our ideas, we realized something bigger. The single most neglected segment of global markets is the sub-$500M market cap universe. These companies make up the vast majority of listed equities, yet are systematically overlooked by Wall Street coverage. Most are too small for large asset managers, and most research that exists is promotional or fragmentary. This creates fertile ground for investors willing to do the work.
Today, ~50% of our portfolio is invested in companies within this universe.
That’s why we’re launching Sophon Microcap Atlas.
Microcap Atlas will be our dedicated research product focused on covering the global micro-cap universe - companies under $500M in market cap across North America, Europe, and APAC.
Our goal is to bring order and clarity to a fragmented landscape, building the definitive resource for global micro-cap investing.
Our existing subscribers can expect:
Deep-dive Initiations: Comprehensive coverage reports on underfollowed micro-cap companies.
Company Updates: Concise, timely analysis of earnings, news, and key developments.
Coverage Map: A living, organized database of the global sub-$500M universe.
Model Library: Standardized financial models available to paid subscribers.
Portfolio Tracker: Transparent tracking of high-conviction ideas versus benchmarks.
Community Features: Discussion threads, live calls, and interaction with other investors.
The name Atlas reflects our ambition: to chart the terrain of micro-cap equities globally and provide investors with a map they can actually use.
We’re excited to take this next step and to build Microcap Atlas alongside our community. Thank you for supporting us - the best is still ahead.