Power Lunch

Monday - Friday, 2:00 - 3:00 PM ET
Power Lunch

Fed Playbook: Long short macro equity moves

Tetra Images | Getty Images

Whether or not the Federal Reserve decides to raise rates Thursday, Wally Walker, Hana Road Capital founder and president, says he hopes for a big market dislocation post-announcement.

Walker is currently 45 percent net long in his portfolio with plans to increase his exposure in the even of a market selloff.

"Let's get this over with. One and done, then put it in rear view mirror so we can move on.  I'm ready to play ball."

The former Seattle Supersonics president and two-time NBA champion has an equally impressive record as a money manager. His fund has steadily and handily beaten the S&P 500 for the duration of 2015.

Walker currently divides his investments between large and small caps. He tends to hold all positions for the long-term, with some trading around the margins. 

Long-term portfolio plays

His top stock pick Synaptics, a $2.7 billion dollar Silicon Valley firm specializing in interactive technology for tablets, smartphones and notebook PCs.  

Another favorite is Atlas Financial, a small insurance company based in Elk Grove, IL.  

"They guided this year at thirty to fifty percent revenue growth," said Walker. "Add in a return on equity in the low teens and earnings of more than two bucks next year, this is a very cheap stock with a growth aspect to it." 

Walker is also bullish on Silver Spring Networks, a networking firm based in Redwood City, CA and Anika Therapeutics, which develops and manufactures therapeutic products for tissue protection, healing, and repair.