{ "crd_number": 137183, "slug": "abrams-bison-investments-l-l-c-bethesda-md-137183", "primary_business_name": "ABRAMS BISON INVESTMENTS, L.L.C.", "legal_name": "ABRAMS BISON INVESTMENTS, L.L.C.", "dbas": [], "city": "Bethesda", "state": "MD", "country": "United States", "cbsa_code": "47900", "metro": { "cbsa_code": "47900", "common_name": "Washington", "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV", "path": "/advisors/dc/washington" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-01-27", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-05-21", "carried_forward": false, "raum_total": 3043178000.0, "raum_discretionary": 3043178000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 11, "advisory_employees": 6, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3043178000.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MD" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137183", "city_as_filed": "BETHESDA", "url": "https://advisorcensus.com/firm/abrams-bison-investments-l-l-c-bethesda-md-137183", "display_name": "Abrams Bison Investments, L.L.C.", "summary": "Abrams Bison Investments, L.L.C. is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.", "citation": "AdvisorCensus. Abrams Bison Investments, L.L.C. (CRD 137183): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Abrams Bison Investments, L.L.C. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Abrams Bison Investments, L.L.C. reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Abrams Bison Investments, L.L.C. located?", "a": "Abrams Bison Investments, L.L.C.'s principal office is in Bethesda, MD, according to its Form ADV." }, { "q": "Is Abrams Bison Investments, L.L.C. registered with the SEC or a state?", "a": "Abrams Bison Investments, L.L.C. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137183." }, { "q": "How much does Abrams Bison Investments, L.L.C. manage?", "a": "Abrams Bison Investments, L.L.C. reports $3,043,178,000 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary)." }, { "q": "How have Abrams Bison Investments, L.L.C.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Abrams Bison Investments, L.L.C.: Regulatory assets under management: $2,336,556,000 in the October 2021 data and $3,043,178,000 in the October 2026 data, up 30%. Total employees: 9 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Abrams Bison Investments, L.L.C. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Does Abrams Bison Investments, L.L.C. report any disciplinary disclosures?", "a": "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/137183" }, { "q": "What changed in Abrams Bison Investments, L.L.C.'s recent Form ADV filings?", "a": "In the June 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $2,507,414,000 to $3,043,178,000 (+21%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2336556000.0, "total_employees": 9, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2819563000.0, "total_employees": 10, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2145028000.0, "total_employees": 11, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2503658000.0, "total_employees": 11, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2507414000.0, "total_employees": 9, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3043178000.0, "total_employees": 11, "filing_date": "2026-05-21" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Employees performing advisory functions went from 5 to 6.", "Regulatory assets under management went from $2,507,414,000 to $3,043,178,000 (+21%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/abrams-bison-investments-l-l-c-bethesda-md-137183.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 3043178000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137183", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }