Strategic Income Management 13F annual report

Strategic Income Management is an investment fund managing more than $32.4 billion ran by Roger Landes. There are currently 5 companies in Mr. Landes’s portfolio. The largest investments include Holly Energy Partners L P Com and Annaly Capital Management Inc, together worth $16.5 billion.

$32.4 billion Assets Under Management (AUM)

As of 6th November 2023, Strategic Income Management’s top holding is 377,730 shares of Holly Energy Partners L P Com currently worth over $8.29 billion and making up 25.6% of the portfolio value. In addition, the fund holds 435,640 shares of Annaly Capital Management Inc worth $8.19 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Scorpio Tankers Inc Shs worth $7.16 billion and the next is Mplx Lp Unit Rep Ltd worth $4.79 billion, with 134,800 shares owned.

Currently, Strategic Income Management's portfolio is worth at least $32.4 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Strategic Income Management

The Strategic Income Management office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, Roger Landes serves as the Compliance Officer at Strategic Income Management.

Recent trades

In the most recent 13F filing, Strategic Income Management revealed that it had opened a new position in Mplx Lp Unit Rep Ltd and bought 134,800 shares worth $4.79 billion.

The investment fund also strengthened its position in Annaly Capital Management Inc by buying 182,381 additional shares. This makes their stake in Annaly Capital Management Inc total 435,640 shares worth $8.19 billion. Annaly Capital Management Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Strategic Income Management is getting rid of from its portfolio. Strategic Income Management closed its position in Plains All American Pipeline Lp Partn on 13th November 2023. It sold the previously owned 1,028,132 shares for $12.8 billion. Roger Landes also disclosed a decreased stake in Holly Energy Partners L P Com by 0.2%. This leaves the value of the investment at $8.29 billion and 377,730 shares.

One of the smallest hedge funds

The two most similar investment funds to Strategic Income Management are Natixis Advisors, L.P. and Wealthgate Family Office. They manage $32.4 billion and $32.2 billion respectively.

Roger Landes investment strategy

Strategic Income Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Real Estate — making up 25.3% of the total portfolio value. The fund focuses on investments in the United States as 20.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 20% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $10.1 billion.

The complete list of Strategic Income Management trades based on 13F SEC filings

These positions were updated on November 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Plains All American Pipeline Lp Partn	Closed 1,028,132	$12,820,806,000
Enterprise Products Partners Lp	Closed 470,390	$12,183,101,000
Kinder Morgan Inc	Closed 511,720	$8,960,217,000
Holly Energy Partners L P Com	16.81% 377,730	$8,294,951,000	25.63%
Annaly Capital Management Inc	72.01% 435,640	$8,194,388,000	25.32%
Hess Midstream LP	Closed 259,475	$7,509,207,000
Scorpio Tankers Inc Shs	No change 132,209	$7,155,151,000	22.11%
Mplx Lp Unit Rep Ltd	Opened 134,800	$4,794,836,000	14.82%
Knot Offshore Partners Lp Unit	Opened 573,880	$3,919,600,000	12.11%
No transactions found
Showing first 500 out of 9 holdings