The fund looks to invest in the equity securities of growth-oriented U.S. and foreign companies with medium to large market capitalizations. August 2020 Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. View Filing. Got a confidential news tip? 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. Hedge fund manager Dan Niles names his 'favorite investment' for 2023 All requests for updated information should also be reported directly to the SEC and/or FINRA. And how does the math work on this comment? The portfolio manager . January 2023 What does this mean? To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. Will anyone that was involved be involved with my accounts in any capacity? They lost the sports gaming part of the business and retained other parts of the platform (I'm assuming casino business). Dan Niles, founder and senior portfolio manager at the Satori Fund, joins CNBC's 'Squawk Box' to discuss why he believes a big bear-market bounce could be on. Satori Fund Recent News. January 2023 2023 CNBC LLC. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). May 2022 SEC form, multiple filers or classes of filers, and much more.***. Satori Financial Review 2023 | investor.com 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 . Related Persons. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. 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. . Questions to ask Dan Niles, Satori Fund founder, joins 'TechCheck' to discuss stocks responding positively to cuts in earning expectations, the need for the U.S. economy to g. ***Log In or Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. What happened? 's worst month By Senad Karaahmetovic. STPIP is a Pennsylvania limited liability corporation. What conflicts do I need to be made aware of? Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. Satori Fund founder Dan Niles said Thursday that his firm had predicted a "big firm getting nailed" at some point in 2023, but the turmoil that caused Silicon Valley . Portfolio manager: Cash is a good investment right now - CNN SuperStonk, under Satori, shifted from a place with good DD to one of recycled memes, and it's entirely possible that users let that happen assuming Satori was handling everything. What does this mean? Investing entails risks, including possible loss of principal. 0001560208-22-000004.txt. August 2021 These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. What does this mean? Last Name First Name Middle Name; Hondros: Paul: J. Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. In 2006, the Satori Fund was recognized as the "Best Newcomer" at the MARHedge U.S. Current performance may be lower or higher than performance data quoted. Dan Niles - Wikitia Regarding GAN, didn't they lose the FanDuel contract over the summer? What does this mean? Read through our introductory course to financial advisors. Big fan of your work. March 2021 AlphaOne Satori Fund, LP.'s worst . July 2022 Superlatives Some firms receive these fees as payments, which creates an incentive to promote them. Dan Niles, founder and senior portfolio manager for the Satori Fund, explains why even with rising inflation, now may be a good time for retail investors to hold more cash. Big bank failure was predictable but happened sooner than expected The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. What is the historical performance of Satori Financial? By setting an example of consciousness and inspired leadership, all of a companys stakeholders are enriched and will bring the approach to their own relationships. What does this mean and why is it important? 107 Spring Street, Seattle, Washington 98104. STP Investment Services :: Login We are up in August. What does this mean? Over the long term, profit is a reflection of value creation for stakeholders, a measure of what was given, not what was taken. Fund Type: Hedge Fund. Unlike HTTPS connections, HTTP connections are not encrypted. What does this mean and why is it important? Firm can legally elect to accept commissions for their investment advisory services. He also likes Uber as a way to play the switch in consumer spending from goods to services as people begin travelling again and Uber drivers return to the road in a post-pandemic world. May 2017 Performance results may reflect expense subsidies and waivers in effect during periods shown. Is your firm a broker-dealer or are you affiliated with one? Disallowed. Satori Fund founder Dan Niles said Monday that conditions for the stock market could get ugly again in 2023, as equities get pulled down by the impact of rate hikes and weakening demand. Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? 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. Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. Published Sun, Feb 5 20237:20 PM EST Updated Mon, Feb 6 20231:38 AM EST. Is your firm a broker-dealer or are you affiliated with one? What does this mean? Our unique partnership structure and aligned investor base enable us to hold investments indefinitely. April 2022 . Should I Hire a Financial Advisor or DIY It? LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, Name(s) of Parter, Manager, Trustee, or Director. Name: SATORI ALPHA, LP. June 2020 . Dan Niles, a founder and portfolio manager for the Satori Fund, believes the S&P 500 could stage a near-term rally although the ultimate lows are yet to be reached.. Niles . Does your firm perform side-by-side management? Questions to ask , the Registered Investment Advisor to the Satori Fund. Financial advisors help you achieve your life goals, such as saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). 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. -to-earth approach to investments as well as confident while soft spoken communication style. The question is what this does to the record high S&P500 multiple and especially long duration assets such as growth stocks. Nikada/E+ via Getty Images. Published Mon, Sep 26 20229:00 PM EDT. 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. 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. Peak-Performance Culture at Satori Capital and Crawford Lake Capital. 267-597-3849. *SEC data last verified March 29, 2023. Does that imply a 4 % annualized return? What does this mean? Does your firm offer mutual funds that have 12b-1 fees? Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. reject that there is no average excess performance of hedge funds after factors with option-like payoffs are included. April 2022 September 2020 While this can be seen as "eating your own cooking," there are conflicts that may arise. Dan Niles, Satori Fund founder, joins 'Squawk Box' to discuss whether a bear market rally may be upon us soon. pic.twitter.com/I1frEnFxN4. 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. As a result, we do not support personal reviews on the site. Mr. Christensen has held Board positions with impact funds in the alternatives arena, including a . Private Fund ID: 805-3096222312. However, we still see many tailwinds for the sports betting space despite stock price performance this year. January 2022 Previously, Mr. Niles was a managing director at Neuberger Berman Inc. and the chief executive officer of Neuberger . October 2015 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 . This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. "For the retail investor that is not able to manage their portfolio full-time, we would recommend cash, despite losing [about] 5-7% to inflation, rather than losing a further 25% to a stock market decline," he said, joining a chorus of other investment pros urging investors to hold cash in their portfolios. made good money in XOM last year, Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. investor.com is not endorsed by or affiliated with the SEC or FINRA. Any data inaccuracies, please contact our team. Firm or an advisory affiliate has previously been fined or ordered to cease and desist activity by the SEC or CFTC. 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. 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 year's bear market has left many investors deep in the red, but Dan Niles says his Satori Fund has bucked the trend. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. 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. June 2021 He said his fund was also up in December so far, but did not disclose . The focus on green energy has helped drive EV sales as witnessed by the addition of Tesla to the S&P500. Find the latest Satori Resources Inc. (STRRF) stock quote, history, news and other vital information to help you with your stock trading and investing. What does this mean? 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. 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. -$393,048. Satori Wealth Management, registered in 2017, serves 1 state(s) with a licensed staff of 1 advisors. These conflicts can negatively impact clients via hidden fees and overall higher costs. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. PROSPECTIVE INVESTORS SHOULD CONSULT THEIR OWN ADVISORS ABOUT SUCH MATTERS. An index is unmanaged and cannot be invested in directly. January 2022 Niles said the U.S.-focused long-short equity fund is up this year, outperforming the S & P 500 , which has declined around 20% in the same period. I tried to DM Dan directly but was unable to. 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. Satori Resources Inc. (STRRF) - Yahoo Finance What does this mean? Market Realist is a registered trademark. Does your firm perform side-by-side management? According to him, shares . November 2022 SANTORI Quote - Santorini FIM CP IE Fund - Bloomberg Markets What does this mean? It's strange to expect hedge funds to compete with such an anomaly. We embrace the principles of conscious capitalism, a business approach that emphasizes creating extraordinary outcomes for all stakeholders. This could also limit the number and diversity of investment options available and may impact their transferability. AlphaOne Satori Fund, LP., which is technology biased, managed to return 5.26% . PDF ALPHAONE INVESTMENT SERVICES, LLC - lfg Hold cash for 2022? Satori's Dan Niles outlines dreary investment Before he began his career on Wall Street in 1990, Dan Niles worked as an Engineer at Digital Equipment Corporation. What executives are saying, Individual investors are so bearish its a contrarian buy signal that should mean a 15% gain, RBC says. "We made money today. Dan Niles: Top 5 Stock Picks for 2021 - DAN NILES FINRA data last verified March 24, 2023. Fund Type: Private Equity Fund. What does this mean? Offers may be subject to change without notice. Satori Fund I L.P. (Filer) CIK: 0001306467 (see all company filings) IRS No. Private Equity | Satori Capital Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. What does this mean? June 2020 : 000000000 | State of Incorp. I would add strong Pharma/biotech players such as ABBV, MRK, NVS, RHHBY. Niles likes Walmart as a defensive bet that could "benefit from a recession as consumers look for bargains." Each month, investor.com downloads the latest regulatory data from the SEC IAPD database. Allowed us to make money in 2023. Why doesnt your firm use a secure website? Some firms receive these fees as payments, which creates an incentive to promote them. His fund bought shares in online food delivery platform DoorDash for the "first time time ever" recently. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. 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. What does this mean? Most of us appreciate it. Also, can you share past 3,5,7,10 years of top 5 results. What does this mean? Financial advisors help you achieve your life goals, such as saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). Niles said he is looking to make money on the short side by going after the "big enterprise names" in tech, amid what he expects to be a sector slowdown as people cut back their consumption of internet-related services post-pandemic. What conflicts arise from this relationship? What does this mean? Most recently Ian was President and CEO of Abitibi Royalties from 2014-2021. Satori Fund's Dan Niles on tech stocks and inflation risks - CNBC Will any of my assets be invested in those products? For 2020 Im shooting for BMY, CODX, DHI, MS & QCOM. The filing was for a pooled investment fund: hedge fund The notice included securities offered of Pooled Investment Fund Interests. Potential mother of all short squeezes if Ukraine and Russia announce agreement. Our system has identified the following conflict alerts. Niles is also bullish on several services-related stocks. . Graphs. For more information including organizational chart for STPIP please visit. All Rights Reserved. When? Satori Investment Partners Funds Rebel Spirit, Top-selling Oregon-based Top 5 Picks for 2023 - DAN NILES Satori Capital AUM, Funds & Holdings Data - Docoh Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court.