Sire Line Capital Management LLC

The firm provides discretionary portfolio management through a separately managed account platform to a small group of individual and institutional clients, managing roughly $8 million across about 18 accounts. It does not offer financial planning or select other advisers for clients, and it operates as a single-practitioner, state-registered adviser that does not custody client assets.

Its investment approach is long-term, value-oriented investing with concentrated portfolios typically holding 15–30 names and a focus on balance sheet strength, earnings power and free cash flow. Permissible investments include domestic and international equities, corporate and government fixed income, convertible and derivative securities, REITs and structured instruments, and positions are generally held until intrinsic value is realized or fundamentals change.

Noteworthy distinctions include the firm’s disclosure that its separately managed account platform can involve the use of borrowing — a practice that is uncommon among independent, solo advisers — and the use of an aggregate trading program that allocates executions across client accounts. The firm also discloses that its principal invests substantially alongside clients and that it does not vote proxies for separately managed accounts, which affects how corporate voting matters are handled.