# 12th Street Asset Management

> 12th Street Asset Management is an SEC-registered investment advisory firm in Nashville, TN, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 24, 2026.

- CRD: 153528
- Filed as: 12TH STREET ASSET MANAGEMENT
- Legal name: 12th Street Asset Management LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Nashville, TN
- Filing period: October 2026
- Form ADV filing dated: February 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153528
- AdvisorCensus page: https://advisorcensus.com/firm/12th-street-asset-management-nashville-tn-153528

## Quick answers

**How is 12th Street Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), 12th Street Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is 12th Street Asset Management located?**
12th Street Asset Management's principal office is in Nashville, TN, according to its Form ADV.

**Is 12th Street Asset Management registered with the SEC or a state?**
12th Street Asset Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 153528.

**How much does 12th Street Asset Management manage?**
12th Street Asset Management reports $621,561,338 in regulatory assets under management in its Form ADV filing dated February 24, 2026 (100% discretionary).

**How have 12th Street Asset Management's assets and staff changed since 2021?**
In the Form ADV data for 12th Street Asset Management: Regulatory assets under management: $488,510,625 in the October 2021 data and $621,561,338 in the October 2026 data, up 27%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 12th Street Asset Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (517); pension and profit sharing plans (but not the plan participants or government pension plans) (4); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does 12th Street Asset Management use?**
12th Street Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC, Raymond James & Associates, Inc., U.S. Bancorp Investments, Inc., UBS Securities LLC and Wells Fargo Securities, LLC as custodians holding 10% or more of its separately managed account assets.

**Does 12th Street Asset Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/153528

**What changed in 12th Street Asset Management's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 4 to 5. Registered or notice-filed in AR, MN, NE.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC
- Raymond James & Associates, Inc.
- U.S. Bancorp Investments, Inc.
- UBS Securities LLC
- Wells Fargo Securities, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $621,561,338
- Discretionary: $621,561,338
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 517 | $263,014,872 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $62,364,713 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $296,181,753 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AR, AZ, CA, CT, DE, FL, GA, IL, IN, LA, MA, MI, MN, MO, MS, NC, NE, NH, NJ, NV, NY, OK, OR, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 12thstreetasset.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $488,510,625 | 4 | March 3, 2021 |
| October 2022 | $546,103,023 | 4 | March 10, 2022 |
| October 2023 | $481,933,681 | 4 | June 22, 2023 |
| October 2024 | $545,826,979 | 4 | March 5, 2024 |
| October 2025 | $625,213,430 | 4 | March 12, 2025 |
| October 2026 | $621,561,338 | 5 | February 24, 2026 |

Regulatory assets under management: $488,510,625 in the October 2021 data and $621,561,338 in the October 2026 data, up 27%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 4 to 5.
- Registered or notice-filed in AR, MN, NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 12th Street Asset Management (CRD 153528): Form ADV filing data as of October 2026.