Dan Niles, Satori Fund founder and portfolio manager, joins CNBC's "Closing Bell" to discuss his call on Oracle and his forecast on other tech stocks and the wider stock market. Shorting is a strategy that sees investors bet the price of a stock will fall. As expected Niles' net worth reflects his talent for building wealth. Performance data quoted represents past performance and is not indicative of future results. Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. February 2023 Our system has identified the following conflict alerts. Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. What does this mean? What's Satori? : Superstonk - Reddit tips_and_updates Financial advisor education. Firm recommends securities or other investment products to advisory clients in which the firm or a related person has some other proprietary (ownership) interest that isnt related to trading or holding the security or securities themselves personally. Satori Wealth Management Review 2023 | investor.com July 2022 Education: Boston University (BS in systems engineering), Stanford University (MS in electrical engineering). January 2022 , the Registered Investment Advisor to the Satori Fund. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a felony. The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act . Questions to ask September 2020 . Dan Niles reveals how the Santori Fund is beating the market. What does this mean? Also, can you share past 3,5,7,10 years of top 5 results. May 2022 How many times did it occur? Questions to ask Bearish hedge fund manager Dan Niles names his 'favorite investment' for 2023. The opinions expressed on this page are those of Daniel Niles and not necessarily those of AlphaOne Satori Management, LLC (the General Partner to the Satori Fund) or STP Investment Partners (CRD # 306086). A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations. No. What does this mean and why is this important? The SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. This relationship may introduce bias where a firm or related person recommends certain securities with which they are affiliated, rather than others that may have higher returns. Mutual Funds/ETFs; Private Fund Information as of 2022-11-04. LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, Name(s) of Parter, Manager, Trustee, or Director. As a financial advisory firm, Satori Financial can provide a variety of financial planning services for Americans. For more information you may also visit, https://reports.adviserinfo.sec.gov/reports/ADV/306086/PDF/306086.pdf. I tried to DM Dan directly but was unable to. October 2022 July 2022 PDF Do Funds-of-Funds Deserve Their Fees-on-Fees? - Columbia Business School Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. In total, Satori Wealth Management manages $39.7 million in assets. The Fund is part of a master-feeder structure whereby Satori Fund I L.P. (a Delaware limited partnership) and Satori Fund, Ltd. invest as a feeder in Satori Master Fund Ltd. (the Master Fund), a Cayman Islands exempted company. San Diego, CA 92122-4604. Will any of my assets be invested in those products? 2W - 6W . How does your firm mitigate them? Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? Why a Bearish Money Manager Likes Gambling Stocks and Is Ready to Dump Does your firm offer mutual funds that have 12b-1 fees? These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. Another favorite for Niles is the sports betting sector, which he said is "one of the last markets of size" to go online. The following material and information presented on this site is not a solicitation or an offer of securities. : DE | Fiscal Year End: 1231. Which securities does your firm trade for itself that it will also be recommending to me? All rights reserved. Satori Wealth Management, registered in 2017, serves 1 state(s) with a licensed staff of 1 advisors. What does this mean and why is this important? Niles is also bullish on several services-related stocks. Regulatory disclosures state that firm sells proprietary investments and products. AlphaOne Satori Management opens Satori II - Hedgeweek How do these benefits affect the firms selection of a broker-dealer partner? May 2018 The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. We are up in August. Our alternatives investment platform, Satori Alpha, creates and manages customized portfolios designed to meet the unique objectives of sophisticated private investors, family offices, and institutions. IPO Performance; Ownership Search; Dividend History; . what about T, your 12/9 post said after hating T for so long the DIS model for releasing movies one day after they open in movie houses should help the Warner portionwhat say you now? S&P 500 Could Drop 30-50% From Peak in Case of a - Investing.com When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds and the sale of proprietary investment products. Does your firm perform side-by-side management? July 2021 A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. March 2020 May 2018 Superlatives Keep up the great work Dan and everyone at Satori. For 2020 Im shooting for BMY, CODX, DHI, MS & QCOM. The Satori Fund I L.P., Satori Fund Ltd. and Satori Fund II, L.P. are registered as private placement offerings under section 3 (c)1 and 3 (c)7 of the 1940 Act, therefore, are only eligible to Accredited Investors and/or Qualified Purchasers as defined by the SEC under Regulation D. Sellers of unregistered securities are only allowed to sell to . At one point, this sector had the worst performance relative to the S&P in the history of the data back to the mid-1980s, which includes the global financial crisis and the tech bubble meltdown. BUD - Satori Resources Inc Stock Price Quote - XTSX | Morningstar SATORI CAPITAL STRATEGIC OPPORTUNITIES, LP - WhaleWisdom.com August 2020 Fund Type: Hedge Fund. Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. Dave Ellison is a portfolio manager at Hennessy Funds. Should I Hire a Financial Advisor or DIY It? ANY INVESTMENT DECISION WITH RESPECT TO AN INVESTMENT IN A HEDGE FUND SHOULD BE MADE BASED UPON THE INFORMATION CONTAINED IN THE CONFIDENTIAL MEMORANDUM OF THAT FUND. Dan Niles is the founder and and senior portfolio manager for The Satori Fund. Over the long term, profit is a reflection of value creation for stakeholders, a measure of what was given, not what was taken. Firm or an advisory affiliate has previously been fined or ordered to cease and desist activity by the SEC or CFTC. The headquarters of Satori Wealth Management is 4660 LA Jolla Village Drive, Suite 100. The firm's parent company is Satori Capital, a private equity firm that inves. August 2021 What does this mean and why is it important? Private Fund ID: 805-4893836072. What does this mean? June 2012. But EV industry shipments are only 3% of the total with a lot of growth ahead. Satori Resources Inc. (STRRF) - Yahoo Finance November 2022 Only 3 hedge funds outperformed the S&P 500 in 2021 Investing involves risk which may include the loss of principal. Before founding Satori Fund, Niles was a founding partner of the asset management firm Alpha One Capital Partners, LLC. Ian Ball Appointed Interim President & CEO Satori Resources AlphaOne Satori Fund, LP. Rankings - Hedge Fund Ranks BarclayHedge once listed Niles as one of the Top 10 Equity Long/Short performers. Track the AUM, funds, and holdings for Satori Capital LLC over time. 13F Fund Performance Evaluator; Developer API; 13F Stock Screener; 13F . Read through our introductory course to financial advisors. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. June 2022 Top 5 Picks for 2023 - DAN NILES Should I Hire a Financial Advisor or DIY It? Obligatory disclaimer: All of our data is crawled from the web and our understanding is that all hedge fund data is self-reported, meaning the data is only as good as the discloser is honest, and we obviously can't vouch for that. He held several well paying positions before starting his own equity fund. Complete submission text file. Firm offers products that have performance-based fees; the managers of those products may be incentivized to take inappropriate risks to beat their performance benchmark. Firm can legally elect to accept commissions for their investment advisory services. Firm or a related person trades securities for themselves that they also recommend to their clients. Questions to ask What does this mean? In the past 10 years, a domestic or foreign court has issued an injunction against the firm or an advisory affiliate in connection with an investment-related activity. 107 Spring Street, Seattle, Washington 98104. The Satori Capital neuro team offers extensive sector and domain expertise to help you make the most out of your investments. Specific securities identified and described do not represent all of the securities purchased, sold or recommended for advisory clients. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. I like your balanced and down STPIP is a Pennsylvania limited liability corporation. Our greatest strength is the ability to protect capital during times of extreme market stress and generate wealth over the course of market cycles. STP Investment Services (STP) is a capital markets focused service organization specializing in middle and back office investment operations outsourcing, fund services, reporting & data management, global development/support, and innovative software solutions for investment management firms. June 2012. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. Niles isn't the only market participant who's favoring a defensive stance. This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. What is the historical performance of Satori Financial? Invest WIth Us. April 2020 What does this mean? Satori Wealth Management manages $39.7 million and provides investment advisory services for 30 clients (1:30 advisor/client ratio). Regarding GAN, didn't they lose the FanDuel contract over the summer? Performance Awards in New York in 2006, the fund was awarded the "Best Newcomer" by MARHedge. What does this mean? Graphs. Firm or one of its employees previously has been subject to a suspension or expulsion or other restriction of activities by a Self-Regulating Organization or commodities exchange. Allowed us to make money in 2023. What does this mean? All rights reserved. Dan Niles is the founder and portfolio manager of Satori Fund, a long-short equity fund that focuses on U.S. technology companies. While this can be seen as "eating your own cooking," there are conflicts that may arise. As a Certified B Corporation, our focus is simple: people before profits. For more information including organizational chart for STPIP please visit. Nikada/E+ via Getty Images. What does this mean? 's worst month As Apple stock - Get Free Report heads back towards all-time highs and the $3 trillion market cap milestone, one name has popped into my mind: Dan Niles, from Satori Fund. During the U.S. Does the firm offer products that have performance-based fees, or does it accept performance-based fees? Known for. Thank you! What does this mean and why is it important? Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? In 2006, the Satori Fund was recognized as the "Best Newcomer" at the MARHedge U.S. Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their clients. or to simply have an email sent to you whenever we receive a new Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, investing, retirement planning, and more. Certified accolades including investor.com Star Rating Badge are only available to firms participating in investor.coms paid subscription-based program and earning a 4.5 to 5 star review from investor.com; participation in investor.com's paid subscription-based program does not guarantee being awarded investor.com Star Rating Badge certified accolades. Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. With the launch of Satori II, investors who meet Accredited Investor criteria will now be able to participate, while . January 2022 AlphaOne Capital Partners' Returns, AUM and Holdings - Yahoo Finance Pursuant to an Advisory Agreement (the Advisory Agreement), the General Partner has retained STP Investment Partners, LLC (STPIP or the Investment Manager), an affiliate of the General Partner and SEC filed Exempt Reporting Adviser to serve as investment manager of the Fund. Yes or AlphaOne Satori Fund, LP., which is technology biased, managed to return 5.26% . Options: Quick Stats Recent Performance Trophies Superlatives Graphs Obligatory disclaimer: All of our data is crawled from the web and our understanding is that all . It was a hard hit about losing the relationship with FanDuel, so the public leaving from GAN, however, now might be a chance to see the advantage is that they will complete the acquisition of Coolbet next Q1! Questions to ask . Nice I think I ended up w/ a similar 60% w/ ABBV, ADBE, CMG, MSFT & also NVDA in 2020. PDF ALPHAONE SATORI FUND, L.P. | Equity Hedge Fund How do I update this listing? During the U.S. PDF ALPHAONE INVESTMENT SERVICES, LLC - lfg The higher the score, the more likely the account is a shill. Business is good because it creates value; it is ethical because it is based on voluntary exchange; it is noble because it can elevate our existence; and it is heroic because it lifts people out of poverty and creates prosperity. September 2020 Performance is historic and does not guarantee future results. The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act of 1940, thereby, reserved solely for qualified purchasers and accredited investors through an official subscription process. For example, front-running is when a financial professional buys or sell securities ahead of their client. Formerly, Dan was a Managing Director at Neuberger Berman and CEO of Neuberger Berman Technology Management which focused on long and short equity investments in the technology sector. Here's where he is putting his money. This can be seen when you compare hedge fund returns for the past few decades. investor.com is not endorsed by or affiliated with the SEC or FINRA. His top pick in this space is Massachusetts-based sports betting firm DraftKings , for which he has forecast revenue growth of 60% this year, and 40% in the next three years. Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. They lost the sports gaming part of the business and retained other parts of the platform (I'm assuming casino business). Leveraging this valuable experience, we provide strategic advice to help our investments grow and succeed. It's because of our shorts," he told CNBC's "Street Signs Asia" on Thursday. Satori is led by principals who have built and managed successful companies and multi-billion-dollar investment firms. Compare against similar firms. SunTree's annual revenue has doubled since 2012 from approximately $50 million to more than $100 million. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. Satori's Dan Niles says tech selling isn't done. Here's what he thinks What executives are saying, Individual investors are so bearish its a contrarian buy signal that should mean a 15% gain, RBC says. Learn More. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. What does this mean and why is it important? We want to hear from you. Niles likes Walmart as a defensive bet that could "benefit from a recession as consumers look for bargains." : 000000000 | State of Incorp. Previously, Mr. Niles was a managing director at Neuberger Berman Inc. and the chief executive officer of Neuberger . This could be detrimental to a client during down markets. TEL AVIV, Israel, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Satori, the creator of the world's first DataSecOps platform, announced today it has raised $20 million in Series A funding round co-led by B . By Senad Karaahmetovic. AlphaOne Satori Fund, LP., which is technology biased, managed to return 5.26% . The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act of 1940, thereby, reserved solely . A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Given the state of our economy and the fluctuations in the stock market, it's understandable for individuals to seek guidance from those with more experience in investing. The AlphaOne Satori Fund, which Niles then managed at Neuberger Berman, was named "Best Newcomer" by MARHedge at the U.S. Please see our Disclaimers for more information. It is our organization's mission to provide unbiased and objective information. In the past ten years, a regulatory agency other than the SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. Yes or Investing entails risks, including possible loss of principal. 4660 LA Jolla Village Drive, Suite 100. Sign-up Entreprenuer, engineer, and hedge fund manager. January 2023 What does this mean? Disallowed. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. San Diego, CA 92122-4604, 12100 Wilshire Blvd 8th Floor, Los Angeles, California 90025. What does this mean and why is this important? Dan Niles - Founder & Portfolio Manager - Satori Fund | LinkedIn But it's not because of our longs. Will any of my assets be invested in those products? What does this mean and why is it important? pic.twitter.com/I1frEnFxN4. Last Name First Name Middle Name; Hondros: Paul: J. What does this mean and why is it important? Satori Fund's Dan Niles lays out buying opportunities in the tech Looking forward to my interview w/ @BeckyQuick at 8:30 PM ET on the cross currents for the market & the potential impact of the mid-term elections on the investment climate going forward. Unit sales has improved for the auto industry from down 48% y/y in April to down 5% in November. What does this mean? Performance data shown (a) is calculated net of all fees and expenses, including an incentive fee accrual, (b) assumes the reinvestment of any dividends and distributions and that investors are eligible to participate in the profits and losses from New Issue securities pursuant to FINRA Rules 5130 and 5131 since inception of the Fund, and (c) is not audited, although the financial data upon which it is based is subject to an annual audit. The fund is generally included in less than 2 deals every year. If you're looking for some suggestions for 2023, here's Niles' top five picks: Sean Payton Is the Denver Broncos' New Head Coach What's His Net Worth? Read through our introductory course to financial advisors. How do these benefits affect the firms selection of a broker-dealer partner? All requests for updated information should also be reported directly to the SEC and/or FINRA. Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. August 2020 A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. What conflicts arise from this relationship? What does this mean and why is it important? And 2022-2023 environment requires that to outperform. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. The notion of using an app or a . Questions to ask For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. According to the company website, Satori Fund protects capital and generates wealth over extremely stressful market cycles. Our private equity business partners via majority and minority investments with leadership teams of companies with $5 million to $50 million of EBITDA that operate with a long-term perspective, commit to their mission or purpose, and create value for all stakeholders. For example, front-running is when a financial professional buys or sell securities ahead of their client. Access effective, reliable, and comparable fund performance data and place your firm or portfolio within the context of the alternative assets market. During this time period the company's share price generated a Compounded Annual Growth Rate ("CAGR") of 74%, making it . AlphaOne Capital Partners' Returns, AUM and Holdings Portfolio manager: Cash is a good investment right now - CNN November 2022 For access to live and exclusive video from CN. THIS DOCUMENT IS INTENDED ONLY FOR THE PERSON TO WHOM IT HAS BEEN DISTRIBUTED, IS STRICTLY CONFIDENTIAL AND MAY NOT BE REPRODUCED OR REDISTRIBUTED IN WHOLE OR IN PART NOR MAY ITS CONTENTS BE DISCLOSED TO ANY OTHER PERSON UNDER ANY CIRCUMSTANCES. The portfolio manager . Questions to ask Questions to ask What does this mean? , the Registered Investment Advisor to the Satori Fund. Financial plans and investment portfolios are always unique to the client's personal financial situation. The firm's website is not secure by modern internet standards. Please see our Disclaimers for more information. Cash is king With market volatility set to persist in the near-term, Niles believes it Is important for investors to closely monitor their portfolios. Would like to know the parameters that helps you qualify your top 5. May 2021 It is a foundational component of a thriving business. Satori Financial Review 2023 | investor.com Satori Financial currently serves clients in the following states: CA, WA. Questions to ask Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. Get this delivered to your inbox, and more info about our products and services. It's strange to expect hedge funds to compete with such an anomaly. December 2020 State legalization of sports betting is at nearly 30 states today with roughly 20 allowing online betting. The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act of 1940, thereby, reserved solely for qualified purchasers and accredited investors through an official subscription process. THE INFORMATION CONTAINED HEREIN THEREFORE IS NOT INTENDED TO BE COMPLETE OR FINAL AND IS QUALIFIED IN ITS ENTIRETY BY THE OFFERING MEMORANDUM AND GOVERNING DOCUMENT FOR EACH FUND. Let's hope his S&P low of 2400 this year is wrong too. 2023 Reink Media Group LLC. Firm performs side-by-side management with accounts that have differing fee structures. Is your firm a broker-dealer or are you affiliated with one? On the other hand, Bailey, Li and Zhang (2004) nd evidence of the average out-performance of hedge funds under the null of no arbitrage, even when non-linear factor payoffs are considered. compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). More than 20% of the Satori Fund's portfolio is held in cash, according to Niles. However, we still see many tailwinds for the sports betting space despite stock price performance this year. At only a 12x PE, MGA is a cheap way to play the EV trend. June 2021 Financial advisory firms charge fees in different ways, such as a percentage of your assets (aka AUM, or assets under management), an hourly fee, or a fee for a specific service. Private Fund Information as of 2019-03-31. All rights reserved. THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION WITH RESPECT TO THE PURCHASE OR SALE OF ANY SECURITY.
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satori fund performance