# 9823 Capital, LP

> 9823 Capital, LP is an SEC-registered investment advisory firm in Dallas, TX, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 324329
- Filed as: 9823 CAPITAL, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324329
- AdvisorCensus page: https://advisorcensus.com/firm/9823-capital-lp-dallas-tx-324329

## Quick answers

**How is 9823 Capital, LP compensated?**
On its Form ADV (Item 5.E, October 2026), 9823 Capital, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is 9823 Capital, LP located?**
9823 Capital, LP's principal office is in Dallas, TX, according to its Form ADV.

**Is 9823 Capital, LP registered with the SEC or a state?**
9823 Capital, LP is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324329.

**How much does 9823 Capital, LP manage?**
9823 Capital, LP reports $677,134,000 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).

**How have 9823 Capital, LP's assets and staff changed since 2023?**
In the Form ADV data for 9823 Capital, LP: Regulatory assets under management: $101,100,000 in the October 2023 data and $677,134,000 in the October 2026 data, up 570%. Total employees: 4 in October 2023 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 9823 Capital, LP serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (13); pooled investment vehicles (other than investment companies and business development companies) (5).

**Which custodians does 9823 Capital, LP use?**
9823 Capital, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Goldman Sachs & Co. LLC, Goldman Sachs Custody Solutions and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets.

**Does 9823 Capital, LP 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/324329

## 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))
- Charles Schwab & Co., Inc.
- Goldman Sachs & Co. LLC
- Goldman Sachs Custody Solutions
- Interactive Brokers 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: $677,134,000
- Discretionary: $677,134,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 13 | $8,061,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $668,498,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $575,000 |

### Advisory services (Item 5.G)
- Financial planning services
- 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: 2023 (3 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 9823.capital
- LinkedIn @9823capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $101,100,000 | 4 | May 18, 2023 |
| October 2024 | $117,860,000 | 5 | March 26, 2024 |
| October 2025 | $647,511,765 | 5 | March 9, 2025 |
| October 2026 | $677,134,000 | 6 | July 1, 2026 |

Regulatory assets under management: $101,100,000 in the October 2023 data and $677,134,000 in the October 2026 data, up 570%.
Total employees: 4 in October 2023 and 6 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 9823 Capital, LP (CRD 324329): Form ADV filing data as of October 2026.