XSTAR Fund Management LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$360,063
This total excludes 1 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
2
100% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
2
Very LowAverage account size
$180,032
About
XSTAR Fund Management LLC primarily serves accredited and high‑net‑worth investors through a privately offered pooled investment vehicle, XSTAR Value Fund LP, and offers separately managed accounts for clients with specific liquidity or income needs. The firm provides discretionary portfolio management to the Fund and tailors separate‑account strategies based on each client’s financial situation and objectives, treating each Fund investor as a client to whom it owes fiduciary duties.
The firm’s investment process combines top‑down macro analysis with bottom‑up fundamental research to value companies, focusing principally on U.S. publicly traded equities classified as undervalued, buy‑and‑hold, or special‑situation opportunities. Portfolios are typically concentrated and long‑biased, and the manager may use options, margin and other instruments and employ technical analysis for timing when building positions.
Distinctive features include a very small, single‑manager firm structure managing roughly $39.5 million in discretionary assets, which concentrates operational and key‑person risk more than is typical for larger managers. The firm also uses a performance‑based compensation arrangement tied to a market benchmark with an annual cap and high‑water‑mark mechanics and discloses the potential for side‑letter arrangements, soft‑dollar research use, and a prime broker relationship.
Client services
Portfolio management
Expertise
Active portfolio management
Options & derivatives strategies
Concentrated stock management
Fee options
$0+: 0.25% annually for separately managed accounts $0+: 1.0% annually for Class A Limited Partners (Qualified Clients) in Fund $0+: 2.0% annually for Class B Limited Partners (Accredited but not Qualified Clients) in Fund
20% incentive allocation on Class A Fund interests based on net income exceeding hurdle rate with cap of 6% annually
Account minimum: $100,000 for separately managed accounts; $150,000 minimum subscription for Class A and Class B Fund interests (minimum additional contribution $20,000), both waivable at discretion Fee-only: 0.25% annually for separately managed accounts, 1.0% or 2.0% annually for Fund interests
Main office location
XSTAR Fund Management LLC
Redmond WA, United States
Number of offices
1
Most active in
XSTAR Fund Management LLC has reported serving >5 clients in these states in the last 12 months.
Washington
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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