Stringer Asset Management 13F annual report
Stringer Asset Management is an investment fund managing more than $64.2 million ran by Chad Keller. There are currently 21 companies in Mr. Keller’s portfolio. The largest investments include First Tr Exch Traded Fd Iii and First Tr Exchange-traded Fd, together worth $23.8 million.
$64.2 million Assets Under Management (AUM)
As of 7th November 2022, Stringer Asset Management’s top holding is 125,234 shares of First Tr Exch Traded Fd Iii currently worth over $17.1 million and making up 26.6% of the portfolio value.
In addition, the fund holds 50,772 shares of First Tr Exchange-traded Fd worth $6.7 million.
The third-largest holding is Invesco Exch Trd Slf Idx Fd worth $4.64 million and the next is SPDR Series Trust worth $4.38 million, with 63,188 shares owned.
Currently, Stringer Asset Management's portfolio is worth at least $64.2 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Stringer Asset Management
The Stringer Asset Management office and employees reside in Memphis, Tennessee. According to the last 13-F report filed with the SEC, Chad Keller serves as the Chief Compliance Officer at Stringer Asset Management.
Recent trades
In the most recent 13F filing, Stringer Asset Management revealed that it had opened a new position in
First Tr Exchange-traded Fd and bought 50,772 shares worth $6.7 million.
The investment fund also strengthened its position in First Tr Exch Traded Fd Iii by buying
12,663 additional shares.
This makes their stake in First Tr Exch Traded Fd Iii total 125,234 shares worth $17.1 million.
On the other hand, there are companies that Stringer Asset Management is getting rid of from its portfolio.
Stringer Asset Management closed its position in Spdr Index Shs Fd on 14th November 2022.
It sold the previously owned 42,184 shares for $2.62 million.
Chad Keller also disclosed a decreased stake in Unified Ser Tr by 0.7%.
This leaves the value of the investment at $3.82 million and 17,157 shares.
One of the smallest hedge funds
The two most similar investment funds to Stringer Asset Management are Yarra Square Partners L.P. and Long Corridor Asset Management Ltd. They manage $64.2 million and $64.2 million respectively.
Chad Keller investment strategy
Stringer Asset Management’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Miscellaneous — making up 6.8% of
the total portfolio value.
The fund focuses on investments in the Unknown as
100.0% of the portfolio companies
are based in the Unknown.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
5% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $0.
The complete list of Stringer Asset Management trades based on 13F SEC filings
These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| First Tr Exch Traded Fd Iii |
11.25%
125,234
|
$17,078,000 | 26.59% |
| First Tr Exchange-traded Fd |
Opened
50,772
|
$6,696,000 | 10.42% |
| Invesco Exch Trd Slf Idx Fd |
6.58%
74,003
|
$4,644,000 | 7.23% |
| SPDR Series Trust |
37.31%
63,188
|
$4,383,000 | 6.82% |
| Unified Ser Tr |
73.84%
17,157
|
$3,824,000 | 5.95% |
| Janus Detroit Str Tr |
39.58%
9,328
|
$3,046,000 | 4.74% |
| Ishares Tr |
1.55%
108,682
|
$5,427,000 | 8.45% |
| Listed Fd Tr |
35.58%
75,297
|
$2,705,000 | 4.21% |
| Spdr Index Shs Fd |
Closed
42,184
|
$2,615,000 | |
| Simplify Exchange Traded Fun |
17.09%
90,430
|
$1,847,000 | 2.88% |
| Goldman Sachs Etf Tr |
125.37%
54,441
|
$1,691,000 | 2.63% |
| Global X Fds |
Opened
12,681
|
$1,612,000 | 2.51% |
| Invesco Exch Traded Fd Tr Ii |
0.99%
16,753
|
$1,596,000 | 2.48% |
| Select Sector Spdr Tr |
Opened
21,262
|
$1,493,000 | 2.32% |
| Vanguard Index Fds |
Closed
8,346
|
$1,674,000 | |
| Select Sector Spdr Tr |
39.24%
88,335
|
$3,024,000 | 4.71% |
| Flexshares Tr |
39.15%
37,656
|
$1,134,000 | 1.77% |
| Wisdomtree Tr |
251.86%
39,563
|
$1,042,000 | 1.62% |
| Ishares Inc |
21.10%
31,535
|
$874,000 | 1.36% |
| Pimco Etf Tr |
Closed
8,724
|
$831,000 | |
| Advisorshares Tr |
Closed
16,406
|
$748,000 | |
| Simplify Exchange Traded Fun |
Opened
41,498
|
$715,000 | 1.11% |
| Janus Detroit Str Tr |
Closed
13,300
|
$652,000 | |
| Ssga Active Etf Tr |
Closed
12,640
|
$526,000 | |
| Spdr Ser Tr |
Closed
7,121
|
$516,000 | |
| Vanguard World Fds |
Closed
1,478
|
$483,000 | |
| Wisdomtree Tr |
Opened
13,380
|
$447,000 | 0.70% |
| Direxion Shs Etf Tr |
1.78%
9,331
|
$364,000 | 0.57% |
| Ishares Tr |
Opened
9,578
|
$597,000 | 0.93% |
| Invesco Exchange Traded Fd T |
Closed
3,322
|
$204,000 | |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
Hedge funds similar to Stringer Asset Management
- 72 Investment
- Louis-dreyfus Family Office
- Gargoyle Investment Advisor L.L.C
- Carter Inc
- Black Maple Capital Management L.P.
- Martin Capital Advisors, LL.P.
- Jabodon Pt Co
- Yarra Square Partners L.P.
- Long Corridor Asset Management Ltd
- Toms Capital Investment Management L.P.
- Pacific Asset Management
- Regents Capital Ltd
- Fingerlakes Wealth Management
- Forerunner Ventures Management