TRUST ASSET MANAGEMENT LLC other names

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}
{{ Info.Homepage }}

Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm

Number of Employees:

10

of those in investment advisory functions:

8 14.29%

Registration:

SEC, Approved, 7/2/2008

AUM:

2,413,220,842 12.29%

of that, discretionary:

2,413,220,842 12.29%

GAV:

1,323,206,141 19.14%

Avg Account Size:

15,876,453 12.29%

SMA’s:

YES

Private Funds:

4

Contact Info

832 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 921M 614M 307M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets
02/03/2024

investing.com

Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets
02/03/2024

Yahoo Finance

Northern Trust Asset Management names new head of quantitative strategies
11/15/2023

investing.com

Swiss Fund Manager GAM's Appeal to Billionaires Remains a Mystery
05/16/2023

He's opposing GAM's agreed takeover by London-based Liontrust Asset Management Plc — at least on the current terms — and has the support of hedge fund ...

washingtonpost.com

Berenberg Reiterates Hold Rating on Liontrust Asset Management
11/28/2022

investing.com

Trust Asset Management LLC's Top 5 Buys of the 3rd Quarter
11/15/2022

Related Stocks: SPY, XLP, XLI, AAPL, MSFT,

gurufocus.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 4 $1,323,206,141

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
TREE LINE CAPITAL PARTNERS, LLC 1.6b - - - - - - 1.6b 2.3b 7
ABRAMS BISON INVESTMENTS, L.L.C. 2.5b - - - - - - 2.5b 2.5b 2
140 SUMMER PARTNERS LP 3.7b - - - - - - 3.7b 2.1b 3
DYNAMIC BETA INVESTMENTS LLC 70.1m - - - - - - 70.1m 1.9b 2
SSI INVESTMENT MANAGEMENT LLC 11.3m - - - - - - 11.3m 2.0b 1
CARLSON CAPITAL, L.P. 1.7b - - - - - - 1.7b 2.0b 13
SWAN GLOBAL MANAGEMENT LLC - - - - - - - - 2.1b -
GHISALLO CAPITAL MANAGEMENT LLC 2.8b - - - - - - 2.8b 2.8b 2
SBB RESEARCH GROUP LLC 2.3b - - - - - - 2.3b 2.5b 11
PERMIAN INVESTMENT PARTNERS, LP 1.4b - - - - - - 1.4b 2.2b 3

Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
78462F103 SPDR S&P 500 ETF TR $580,717,597 56.00% 11.00% 0.00%
81369Y704 SELECT SECTOR SPDR TR $38,960,072 4.00% 12.00% 0.00%
81369Y308 SELECT SECTOR SPDR TR $28,637,327 3.00% 8.00% 3.00%
594918104 MICROSOFT CORP $32,312,741 3.00% 19.00% 0.00%
037833100 APPLE INC $32,663,677 3.00% 10.00% -2.00%
023135106 AMAZON COM INC $15,852,508 2.00% 20.00% 0.00%
02079K107 ALPHABET INC $17,713,774 2.00% 5.00% -2.00%
81369Y506 SELECT SECTOR SPDR TR $18,429,960 2.00% -9.00% -2.00%
81369Y100 SELECT SECTOR SPDR TR $11,063,744 1.00% 7.00% -1.00%
88160R101 TESLA INC $7,921,791 1.00% -1.00% 0.00%

Brochure Summary

Overview

TAM commenced fee-based advisory services on November 1, 2009. TAM is wholly owned by NorthStar Memorial Group, LLC (“NorthStar”). TAM provides investment advisory services on a fully discretionary or non-discretionary basis. The Firm actively manages portfolios with an overall goal of maximizing total returns subject to each Client’s risk profile and investment objective. Clients may send their updated investment guidelines to TAM on a pe- riodic basis. TAM is also both manager and investment adviser to the following private pooled investment vehicles (“Private Funds”) on a discretionary basis: the Lighthouse Balanced Fund I LLC and the Lighthouse Stable Growth Fund I LLC (the “Lighthouse Funds”), and the Axys Capital Income Fund LLC and the Axys Capital Total Return Fund LLC (the “Axys Funds”). Information regarding these Private Funds can be found in each respective Fund’s offering documents. Calculated as of December 31, 2022, TAM had Regulatory Assets Under Management in the amount of $2,149,142,541, all of which is managed on a discretionary basis. Types of Investments TAM, through its Investment Committee, recommends investments in a variety of asset categories, in- cluding cash and cash equivalents, equities, debt or fixed income investments, and alternative invest- ments. TAM offers investment advice on
and utilizes the following types of investments: Public
• Money market funds
• Fixed income securities
• Common and preferred stock
• Limited partnerships
• Open-end and closed-end mutual funds
• Derivatives based on tangible and intangible assets such as options and futures Private
• Real estate
• Energy interests
• Energy infrastructure
• Private equity
• Private debt
• Participation interests TAM chooses combinations of these investments to form strategies it deems appropriate given the Client’s investment objectives and risk tolerance. 5 TAM also uses certain leverage and hedging techniques, including derivatives designed to mimic equity or debt positions, buying securities on margin, and selling securities short, all of which are either permitted or restricted by each Client’s Investment Policy Statement. Investment Strategies TAM invests and manages Client assets in accordance with each Client’s Investment Policy Statement, in the form of model-type portfolios of securities that TAM believes best represents the Client’s investment objectives and restrictions. Clients and the state regulatory schemes to which they are subject may impose restrictions on investing in certain securities or types of securities.