# Armour Capital Management LP

> Armour Capital Management LP is an SEC-registered investment advisory firm in Vero Beach, FL, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 164570
- Filed as: ARMOUR CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Vero Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164570
- AdvisorCensus page: https://advisorcensus.com/firm/armour-capital-management-lp-vero-beach-fl-164570

## Quick answers

**How is Armour Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Armour Capital Management LP reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Armour Capital Management LP located?**
Armour Capital Management LP's principal office is in Vero Beach, FL, according to its Form ADV.

**Is Armour Capital Management LP registered with the SEC or a state?**
Armour Capital Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164570.

**How much does Armour Capital Management LP manage?**
Armour Capital Management LP reports $21,005,159,752 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Armour Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for Armour Capital Management LP: Regulatory assets under management: $5,524,486,000 in the October 2021 data and $21,005,159,752 in the October 2026 data, up 280%. Total employees: 23 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Armour Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Armour Capital Management 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/164570

**What changed in Armour Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $13,547,953,690 to $21,005,159,752 (+55%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Regulatory assets under management (Item 5.F)
- Total: $21,005,159,752
- Discretionary: $21,005,159,752
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $21,005,159,752 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 20 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [armourcap.com](https://armourcap.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,524,486,000 | 23 | March 24, 2021 |
| October 2022 | $5,277,306,244 | 23 | March 11, 2022 |
| October 2023 | $9,437,047,460 | 22 | March 16, 2023 |
| October 2024 | $12,344,395,778 | 20 | March 30, 2024 |
| October 2025 | $13,547,953,690 | 19 | March 27, 2025 |
| October 2026 | $21,005,159,752 | 20 | March 26, 2026 |

Regulatory assets under management: $5,524,486,000 in the October 2021 data and $21,005,159,752 in the October 2026 data, up 280%.
Total employees: 23 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $13,547,953,690 to $21,005,159,752 (+55%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Armour Capital Management LP (CRD 164570): Form ADV filing data as of October 2026.