Sailingstone Capital Partners LLC (San Francisco)

Name: Sailingstone Capital Partners LLC
Address: One California Street, San Francisco, CA, 94111
Telephone: (415) 429-5198

Sailingstone Capital Partners LLC is a large advisory firm based in San Francisco. It manages $2.28 billion of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Massachusetts.

Sailingstone Capital Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sailingstone Capital Partners: assets under management

The assets under management (AUM) of Sailingstone Capital Partners LLC is $2.28 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and $266.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.61 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sailingstone Capital Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sailingstone Capital Partners serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Sailingstone Capital Partners is charitable organizations with 21 clients and $743.73 million of assets under management. Among the 9 most similar advisory firms, Sailingstone Capital Partners has the 2nd highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $1.97 billion for 30 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 12% of the firm’s clients are foreign persons or businesses.

Sailingstone Capital Partners also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Sailingstone Capital Partners LLC

The company employs 17 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sailingstone Gp Lp	Sole member	1 Nov 2013	75% - 100%	46-4123869
Sailingstone Gp Lp	Managing member	1 Dec 2013	75% - 100%	46-4123869
Kathlyne Knobloch Kiaie	Chief compliance officer & member of management committee	1 Dec 2013	Other	1714995
James Edward Klescewski	Chief financial officer & member of management committee	1 Jan 2014	Other	1722574
Mackenzie Bryce Davis	Portfolio manager & member of management committee	1 Jun 2014	Other	2926926
Kenneth Lee Settles	Portfolio manager & member of management committee	1 Jun 2014	Other	2781282

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Lee Settles	Managing member	1 Nov 2013	50% - 75%	2781282
Mackenzie Bryce Davis	Managing member	1 Nov 2013	50% - 75%	2926926
Sailingstone Holdings Llc	General partner	1 Nov 2013	75% - 100%	46-4134847
Mackenzie Bryce Davis	Limited partner	1 Dec 2013	25% - 50%	2926926
Kenneth Lee Settles	Limited partner	1 Dec 2013	25% - 50%	2781282
Sailingstone Holdings Llc	General partner	1 Dec 2013	Other	46-4134847
Sailingstone Gp Lp	Managing member	1 Jan 2014	75% - 100%	46-4123869
Sailingstone Holdings Llc	Managing member	1 Jan 2014	75% - 100%	46-4134847

Based in San Francisco

The principal office where Sailingstone Capital Partners LLC performs its advisory services is located at One California Street, San Francisco, CA 94111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415) 429-5198 or by fax (415) 358-4118. The normal business hours are 7:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at sailingstonecapital.com.