Hedge Fund Database

ITS ASSET MANAGEMENT, L.P.

ITS ASSET MANAGEMENT LP Legal Name

Adviser information for ITS ASSET MANAGEMENT, L.P. last updated from Form ADV on March 31st, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Partnership
Fiscal Year End DECEMBER
Legal Location Pennsylvania, United States

Employees

Total Number of Employees 9
Investment Advisory/Research 2
Registered Broker-Dealer Representatives 1
Registered State Investment Advisers 2
Licensed Agents of an Insurance Company 1
No. of Firms/People that Solicit Clients 68

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,201 $269.4M
Non-Discretionary 0 $0
Total 1,201 $269.4M

Clients

Type Number RAUM
Individuals 813 $105.5M
HNW Individuals 9 $85.8M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 5 $9.8M
Charitable organizations <5 $12.5M
State or municipal gov entities <5 $282,905
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 17 $55.5M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients
Compensation % of AUM

Identifiers

SEC RIA File Number 801-7190
SEC ERA File Number 801-7190
SEC CIK Numbers 1645889
SEC CRD Numbers 106977
Legal Entity Identifier None

Principal Office

1720 WASHINGTON RD
SUITE 101
WASHINGTON
PA
United States
HOURS MAY VARY. IN-PERSON MEETINGS BY APPOINTMENT, 8:30 AM TO 5:30 PM
Tel: 724-745-2300, Fax: 724-745-0900

Websites

www.itsconnect.com ptsmanagement.com/

Chief Compliance Officer

LONNY ELFENBEIN
CHIEF COMPLIANCE OFFICER
255 EAST FIFTH STREET
SUITE 1900
CINCINNATI
OH
United States
Tel: 513-977-8330
(Full email address available in API data)

Regulatory Contact

LAWRENCE, SANDRA D
COMPLIANCE MANAGER
1720 WASHINGTON ROAD
WASHINGTON
PA
United States
Tel: 724-745-2300
Fax: 724-745-0900
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
ERDNER, JON, WILLIAM Individual – CIO 08/1976 < 5%
WADSWORTH FAMILY, LLC Domestic Entity – OWNER AND LIMITED PARTNER 07/2020 > 75%
WADSWORTH FINANCIAL GROUP INC. Domestic Entity – GENERAL PARTNER 08/2022 < 5%
Elfenbein, Lonny, Scott Individual – CHIEF COMPLIANCE OFFICER 07/2023 < 5%

No. Employees, Historic

105020192020202120222023202420258 on 5/30/20198 on 11/15/20198 on 12/16/20198 on 12/26/20197 on 2/11/20207 on 6/29/20207 on 7/30/20207 on 8/4/20207 on 10/29/20207 on 12/22/20205 on 2/26/20215 on 3/11/20215 on 3/18/20215 on 5/18/20215 on 5/21/20219 on 11/8/20219 on 11/10/20219 on 12/8/20219 on 12/10/20219 on 2/28/20229 on 3/8/20229 on 8/29/20229 on 11/17/20229 on 12/16/20229 on 1/24/20239 on 3/31/20239 on 4/7/20239 on 4/19/20239 on 4/20/20239 on 7/13/20239 on 8/23/20239 on 10/26/20239 on 12/22/20239 on 1/2/20249 on 3/31/2024

RAUM, Historic

400M200M02019202020212022202320242025128804825 on 5/30/2019128804825 on 11/15/2019128804825 on 12/16/2019128804825 on 12/26/2019109957880 on 2/11/2020109957880 on 6/29/2020109957880 on 7/30/2020109957880 on 8/4/2020109957880 on 10/29/2020109957880 on 12/22/2020105483981 on 2/26/2021105483981 on 3/11/2021105483981 on 3/18/2021105483981 on 5/18/2021105483981 on 5/21/2021105483981 on 11/8/2021105483981 on 11/10/2021105483981 on 12/8/2021105483981 on 12/10/2021335114693 on 2/28/2022335114693 on 3/8/2022335114693 on 8/29/2022335114693 on 11/17/2022335114693 on 12/16/2022335114693 on 1/24/2023285758456 on 3/31/2023285758456 on 4/7/2023285758456 on 4/19/2023285758456 on 4/20/2023285758456 on 7/13/2023285758456 on 8/23/2023285758456 on 10/26/2023285758456 on 12/22/2023285758456 on 1/2/2024269439956 on 3/31/2024

No. Clients, Historic

2,0001,000020192020202120222023202420251595 on 5/30/20191595 on 11/15/20191595 on 12/16/20191595 on 12/26/20191140 on 2/11/20201140 on 6/29/20201140 on 7/30/20201140 on 8/4/20201140 on 10/29/20201140 on 12/22/20201079 on 2/26/20211079 on 3/11/20211079 on 3/18/20211079 on 5/18/20211079 on 5/21/20211079 on 11/8/20211079 on 11/10/20211079 on 12/8/20211079 on 12/10/20211439 on 2/28/20221439 on 3/8/20221439 on 8/29/20221439 on 11/17/20221439 on 12/16/20221439 on 1/24/20231046 on 3/31/20231046 on 4/7/20231046 on 4/19/20231046 on 4/20/20231046 on 7/13/20231046 on 8/23/20231046 on 10/26/20231046 on 12/22/20231046 on 1/2/2024844 on 3/31/2024

Holdings

From latest 13F, filed November 2nd, 2016 for period ending September 30th, 2016
Name Class Value $USD # Shares Private Fund
ISHARES TR CORE S&P SCP ETF 16K 129K –
ISHARES TR 20 YR TR BD ETF 3K 22K –
ISHARES TR CORE US AGGBD ET 23K 202K –
FIDELITY COMWLTH TR NDQ CP IDX TRK 3K 15K –
ISHARES TR MIN VOL EAFE ETF 8K 113K –
FIDELITY MSCI ENERGY IDX 2K 114K –