Pricing

WEISS ASSET MANAGEMENT LP

1 follower ยท
BOSTON MA Investment Advisor Hedge Fund
13F Summary
Weiss Asset Management is based out of Boston. Weiss Asset Management is a hedge fund with 4 clients and discretionary assets under management (AUM) of $6,721,215,982 (Form ADV from 2024-12-05). Their last reported 13F filing for Q4 2024 included $4,863,961,196 in managed 13F securities and a top 10 holdings concentration of 28.13%. Weiss Asset Management's largest holding is MicroStrategy Inc with shares held of 1,467,800. Whalewisdom has at least 92 13F filings, 15 13D filings, 461 13G filings, and 9 Form 4 filings
Business Description
The advisory business covers a range of topics, including fees and compensation, performance-based fees, types of clients, methods of analysis, investment strategies, risk of loss, disciplinary information, other financial industry activities and affiliations, code of ethics, participation or interest in client transactions and personal trading, and brokerage practices. Weiss representatives may speak at conferences and programs for investors interested in hedge funds or other investment opportunities sponsored by prime brokers and other brokers. These conferences may provide opportunities for Weiss to be introduced to potential investors in the Funds or other investment vehicles they manage. Prime brokers are not generally compensated by Weiss, the Funds, or potential investors for providing these "capital introduction" opportunities. Prime brokers and other brokers may also provide financing and other services to the Funds and Weiss. Such additional services by a prime broker or other broker, including capital introduction services, may present a potential conflict of interest to Weiss in deciding whether to use the services of such prime broker or other broker in connection with the activities of the Funds. Weiss seeks to mitigate this conflict by adopting procedures to review best practices.
Investment Strategy
The Brookdale Funds have a broad investment mandate, seeking high risk-adjusted returns while attempting to control risk. They are not limited by product, strategy, or geographical region, and their strategies, trades, and portfolios are likely to vary as opportunities arise. They may employ a wide range of trading strategies, including economic arbitrage trades, and often seek to identify mispriced assets. The AIM-Listed Fund and the Institutional Account are both geographically focused on South Korean companies but have different investment restrictions. The AIM-Listed Fund is permitted to use leverage and hedging but generally has done so only to a limited extent. The Institutional Account has a similar strategy to that of the AIM-Listed Fund and is generally not expected to use leverage or hedging to any material extent. The Institutional Account invests substantially similarly to the strategy of the AIM-Listed Fund, with the exception of variations caused by capital inflows and outflows and some additional flexibility to invest in additional securities and instruments.
Owners
  • WEISS, ANDREW, MURRAY - CHIEF EXECUTIVE OFFICER OF GENERAL PARTNER
  • BRADFORD, DANIEL, PHILIP - CHIEF LEGAL OFFICER
  • NIKITIN, GEORGIY - CHIEF COMPLIANCE OFFICER
  • RINALDI, MATTHEW, JOSEPH - VICE PRESIDENT, CHIEF OPERATING OFFICER
  • FU, DANIEL, XUN - PRESIDENT OF GENERAL PARTNER
  • RUIZ, ERIC, LITMAN - GENERAL COUNSEL
  • RAUSCH, EMMA - CHIEF PEOPLE OFFICER
  • WAM GP LLC - GENERAL PARTNER
  • Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)

2024-12-31

Top Buys (13F)

Name % Change
MSTR MicroStrategy Inc (PUT) 3.99%
IBIT iShares Bitcoin Trus 2.12%
DEBT-MICR MICROSTRATEGY INC NO (PRN) 1.79%
BA Boeing Co. 1.26%
DEBT-WEIB WEIBO CORP NOTE 1.37 (PRN) 1.12%

2024-12-31

Top Sells (13F)

2024-12-31

13F Holdings Summary

Confidential Treatment - Holdings omitted in latest filing.

2024-12-31

13F Activity

Market Value $4.86b, Prior: $4.38b
Inflows (Outflows) as % of Total MV +1.9951%
New Purchases 353 stocks
Added To 82 stocks
Sold out of 333 stocks
Reduced holdings in 103 stocks
Top 10 Holdings % 28.13%
Turnover %[1] 73.45%
Turnover Alt %[2] 49.07%
Time Held Top 20 2.1 quarters
Time Held Top 10 1.3 quarters
Time Held All 1.64 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-12-31

13F Sector Allocation Over Time

limited to past 4 quarters. Subscribe to see all available data

2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance