A.R.T. Advisors, LLC Profile
A.R.T. Advisors, LLC is a hedge fund based out of New York, New York. The company was originally established 2001 by Aaron M. Sosnick, who continues to have an active role in the company acting as its Chairmain. A.R.T. Advisors is owned in majority by Sosnick, who alone holds over 75% stake in the company, with the remainder of the ownership split amongst key executives. The company currently operates with 31 employees of which 18 are investment professionals. A.R.T. Advisors manages over $4.3 billion in total assets under management spread across 4 total accounts, all of which are discretionary accounts. Both of its total number of accounts and total assets under management have remained relatively stable in recent years with its total managed assets decreasing somewhat from over $4.5 billion back in 2012. A.R.T. Advisors utilizes a statistical arbitrage methodology as its primary investment strategy and also utilizes a proprietary research based trading system that generates trading recommendations. The company invests in a wide variety of sectors, focusing its assets in the information technology sector, which alone makes up a fifth of its total asset allocations. A.R.T. Advisors also invests in the consumer discretionary, health care, industrials, energy, consumer staples, finance, utilities and telecommunications, materials, and real estate sectors, among other sectors to a lesser degree, in order of decreasing allocation. None of the company’s holdings make up over 1% of its total holdings with its top 10 holdings together only making up 7.5% of its total. A.R.T. Advisors has, in the most recent quarter, a high turnover rate of approximately 87.8% and its average holding period for its allocations is under three quarters. Currently, all of the clients of A.R.T. Advisors are pooled investment vehicles. A.R.T. Advisors takes its advisory fees through a mix of percentage based fees and performance based fees.