The VALUEWORKS, LLC is a publicly held investment adviser that advises $722.67mn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. VALUEWORKS, LLC is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 270.37% over the last 5-years.
The Group has been registered with the SEC for 24.28 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at ONE WORLD TRADE SUITE 84G, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 6 employees comprised of 3 investment and 3 non-investment staff. The total number of Employees increased by 20% over the last 5-years.
Their $722.67mn in assets advised are owned by 2 private funds, 0 public funds and BDCs and 9 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $586.62mn or 81.17% of Total Assets and High Net Worth Individuals own $102.3mn or 14.16% of Total Assets.
The Group's top investment strategies include Long/Short Equity, representing 100% of total assets, respectively.
They advise 6 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and High Net Worth Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 3 Prime Brokers, 4 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
VALUEWORKS, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a LOW risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In VALUEWORKS, LLC's case, they have 5 business conditions that require high process maturity and 0 Watch Factors.