# Antipodes Partners Limited

> Antipodes Partners Limited is an SEC-registered investment advisory firm in Sydney, Australia, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 299380
- Filed as: ANTIPODES PARTNERS LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sydney, Australia
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299380
- AdvisorCensus page: https://advisorcensus.com/firm/antipodes-partners-limited-sydney-299380

## Quick answers

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

**How much does Antipodes Partners Limited charge?**
Its Form ADV Part 2A brochure dated September 29, 2025 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Antipodes Partners Limited located?**
Antipodes Partners Limited's principal office is in Sydney, Australia, according to its Form ADV.

**Is Antipodes Partners Limited registered with the SEC or a state?**
Antipodes Partners Limited is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 299380.

**How much does Antipodes Partners Limited manage?**
Antipodes Partners Limited reports $14,631,564,478 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).

**How have Antipodes Partners Limited's assets and staff changed since 2021?**
In the Form ADV data for Antipodes Partners Limited: Regulatory assets under management: $7,913,143,594 in the October 2021 data and $14,631,564,478 in the October 2026 data, up 85%. Total employees: 34 in October 2021 and 86 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Antipodes Partners Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27); other (26).

**Does Antipodes Partners Limited 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/299380

**What changed in Antipodes Partners Limited's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 60 to 66.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated September 29, 2025)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> With respect to all share classes, the Firm receives an annual management fee ranging up to 1.5% per annum in respect of the net asset value (“NAV”).

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

### Regulatory assets under management (Item 5.F)
- Total: $14,631,564,478
- Discretionary: $14,631,564,478
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $5,042,668,635 |
| Other | 26 | $9,588,895,843 |

### Advisory services (Item 5.G)
- 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: 2021 (5 years)
- Employees: 86 total, 66 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [antipodespartners.com](https://antipodespartners.com)
- LinkedIn @antipodes-partners
- X @antipodesinvest

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,913,143,594 | 34 | September 28, 2021 |
| October 2022 | $6,364,000,000 | 40 | September 30, 2022 |
| October 2023 | $6,800,000,000 | 45 | September 14, 2023 |
| October 2024 | $6,300,000,000 | 39 | September 16, 2024 |
| October 2025 | $6,300,000,000 | 39 | September 16, 2024 |
| October 2026 | $14,631,564,478 | 86 | September 25, 2026 |

Regulatory assets under management: $7,913,143,594 in the October 2021 data and $14,631,564,478 in the October 2026 data, up 85%.
Total employees: 34 in October 2021 and 86 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 60 to 66.

### December 2025
- Employees performing advisory functions went from 31 to 60.
- Regulatory assets under management went from $6,300,000,000 to $13,530,935,794 (+115%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Antipodes Partners Limited (CRD 299380): Form ADV filing data as of October 2026.