# 1505 Capital LLC

> 1505 Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 298880
- Filed as: 1505 CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298880
- AdvisorCensus page: https://advisorcensus.com/firm/1505-capital-llc-new-york-ny-298880

## Quick answers

**How is 1505 Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 1505 Capital LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other.

**How much does 1505 Capital LLC charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.25% to 0.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 1505 Capital LLC located?**
1505 Capital LLC's principal office is in New York, NY, according to its Form ADV.

**Is 1505 Capital LLC registered with the SEC or a state?**
1505 Capital LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 298880.

**How much does 1505 Capital LLC manage?**
1505 Capital LLC reports $485,749,748 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (94% discretionary).

**How have 1505 Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for 1505 Capital LLC: Regulatory assets under management: $488,157,129 in the October 2021 data and $485,749,748 in the October 2026 data, unchanged. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 1505 Capital LLC serve?**
By number of clients on Form ADV Item 5.D: insurance companies (8).

**Which custodians does 1505 Capital LLC use?**
1505 Capital LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists U.S. Bank National Association as a custodian holding 10% or more of its separately managed account assets.

**Does 1505 Capital LLC 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/298880

**What changed in 1505 Capital LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Asset-based fee: 0.25% to 0.5% a year (a range, as the brochure states it)

> Generally, Base Fees range from 0.25% to 0.50% per year on the principal amount of the assets managed by 1505 Capital, generally payable quarterly in arrears.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- U.S. Bank National Association

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: $485,749,748
- Discretionary: $458,001,352
- Non-discretionary: $27,748,396

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Insurance companies | 8 | $485,749,748 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2018 (7 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $488,157,129 | 10 | March 31, 2021 |
| October 2022 | $559,701,978 | 9 | March 31, 2022 |
| October 2023 | $1,097,491,279 | 9 | July 24, 2023 |
| October 2024 | $1,629,090,287 | 13 | March 29, 2024 |
| October 2025 | $492,319,259 | 12 | March 28, 2025 |
| October 2026 | $485,749,748 | 11 | March 27, 2026 |

Regulatory assets under management: $488,157,129 in the October 2021 data and $485,749,748 in the October 2026 data, unchanged.
Total employees: 10 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 5.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 1505 Capital LLC (CRD 298880): Form ADV filing data as of October 2026.