MAGNETAR FINANCIAL LLC other names

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Adviser Profile

As of Date:

08/08/2024

Adviser Type:

- Large advisory firm

Number of Employees:

175 -7.89%

of those in investment advisory functions:

59 -14.49%

Registration:

SEC, Approved, 8/30/2005

AUM:

23,106,396,704 -6.63%

of that, discretionary:

22,836,346,704 -7.67%

Private Fund GAV:

15,969,734,314 -34.08%

Avg Account Size:

316,525,982 2.32%

SMA’s:

YES

Private Funds:

61 6

Contact Info

847 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
29B 25B 21B 17B 13B 8B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Magnetar Financial LLC Acquires Shares in MedTech Acquisition Corp
08/15/2023

Related Stocks: MTACU, NUVA, ABT, UNVR, FOCS, ACI,

gurufocus.com

Magnetar Financial LLC Reduces Stake in MedTech Acquisition Corp
07/28/2023

Related Stocks: MTACU, ABT, EHC, MCK, UNVR, CVII,

gurufocus.com

Magnetar Financial LLC Acquires Stake in Quotient Technology Inc
07/20/2023

Related Stocks: QUOT, ABT, EHC, MCK, UNVR, CVII,

gurufocus.com

Magnetar Financial adds new stakes in Shake Shak, Ferrari, boosts Encompass Health
05/15/2023

Seeking Alpha

Top 5 4th Quarter Trades of Magnetar Financial LLC
02/18/2023

Related Stocks: IAA, AJRD, CHNG, HZNP, CVII.U,

gurufocus.com

Top 5 3rd Quarter Trades of Magnetar Financial LLC
11/15/2022

Related Stocks: WHLR, IRBT, COWN, VIVO, VAL,

gurufocus.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 61 $15,969,734,314

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Private Funds



Employees




Top Holdings

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075887109 BECTON DICKINSON & CO $123,502,180 3.00% 64.00% 73.00%
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98956P102 ZIMMER BIOMET HOLDINGS INC $142,203,061 3.00% 31.00% 59.00%
858912108 STERICYCLE INC $81,595,860 2.00%
91324P102 UNITEDHEALTH GROUP INC $81,094,053 2.00% 107.00% 101.00%
845467109 SOUTHWESTERN ENERGY CO $79,946,457 2.00% -15.00% -4.00%
96145D105 WESTROCK CO $83,377,369 2.00% -7.00% -9.00%
83444M101 SOLVENTUM CORP $78,812,881 2.00% 2166.00% 2881.00%

Brochure Summary

Overview

Magnetar Financial LLC (“Magnetar” or the “Investment Manager”) is a Delaware limited liability company and has been an SEC registered investment adviser since September 2005. Magnetar Capital Partners LP is the sole member of Magnetar Financial LLC. The general partner of Magnetar Capital Partners LP is Supernova Management LLC. Supernova Management LLC is owned by David Snyderman, Ross Laser and Alec Litowitz. Effective October 24, 2022, David Snyderman was appointed Chief Executive Officer of Magnetar. Magnetar Financial LLC serves as the investment manager for, and provides discretionary and may at times provide non-discretionary investment advisory services to, several U.S. and non-U.S. private investment funds and separately managed accounts. The private investment funds and separately managed accounts may pursue a single strategy or multiple strategies and may invest in a wide range of securities, derivatives and other assets. “ The private investment funds for which Magnetar acts as investment manager are referred to collectively as the “Funds.” The Funds can be broadly categorized as “Internal Funds,” which are anticipated to have as their only investors one or more of the other Funds, and “External Funds,” which accept investments from outside investors. The External Funds may invest any or all of their assets into one or more Internal Funds rather than trading directly. Magnetar has full discretion in trading on behalf of the Funds. Magnetar does not require, and does not seek, approval from the Funds or the investors in the Funds with respect to its trading. Magnetar
provides discretionary (and, in some cases, non-discretionary) investment advisory services to separately managed accounts and, as such, will tailor its advisory services to the needs of the client which owns the separately managed account. The separately managed accounts for which Magnetar acts as investment manager are referred to collectively as the “SMAs.” Investors may impose restrictions on investing in certain securities or types of securities in a SMA. Magnetar also manages co-investment funds, funds of one, including funds of one that may invest solely through co-investment funds managed by Magnetar, and certain other investment vehicles. Where appropriate under the circumstances, Magnetar also expects to serve as investment advisor and/or sub-adviser to additional accounts, products or private investment funds in the future, including funds of one and other pooled investment vehicles. Together, the Funds and SMAs are referred to collectively herein as the “Clients”. As of December 31, 2023, Magnetar managed $23,106,396,704 of gross client assets, substantially all of which are managed on a discretionary basis. The descriptions set forth in the Brochure of specific advisory services that Magnetar offers to Clients, and investments made by Magnetar on behalf of its Clients, should not be understood to limit in any way Magnetar’s investment activities. Magnetar may offer any advisory services, engage in any investment strategy and make any investment including any not described in this Brochure, that Magnetar considers appropriate, subject to each Client’s investment objectives and guidelines.