# Asset Value Investors Limited

> Asset Value Investors Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated December 23, 2025.

- CRD: 137779
- Filed as: ASSET VALUE INVESTORS LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: December 23, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/137779
- AdvisorCensus page: https://advisorcensus.com/firm/asset-value-investors-limited-london-137779

## Quick answers

**How is Asset Value Investors Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Asset Value Investors Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Asset Value Investors Limited located?**
Asset Value Investors Limited's principal office is in London, United Kingdom, according to its Form ADV.

**Is Asset Value Investors Limited registered with the SEC or a state?**
Asset Value Investors Limited is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137779.

**How much does Asset Value Investors Limited manage?**
Asset Value Investors Limited reports $2,280,784,820 in regulatory assets under management in its Form ADV filing dated December 23, 2025 (100% discretionary).

**How have Asset Value Investors Limited's assets and staff changed since 2021?**
In the Form ADV data for Asset Value Investors Limited: Regulatory assets under management: $1,326,276,490 in the October 2021 data and $2,280,784,820 in the October 2026 data, up 72%. Total employees: 12 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Asset Value Investors Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8); state or municipal government entities (including government pension plans) (1).

**Which custodians does Asset Value Investors Limited use?**
Asset Value Investors Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Safe Custody of Assets as a custodian holding 10% or more of its separately managed account assets.

**Does Asset Value Investors Limited report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/137779

**What changed in Asset Value Investors Limited's recent Form ADV filings?**
In the January 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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))
- Safe Custody of Assets

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: $2,280,784,820
- Discretionary: $2,280,784,820
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $2,174,477,627 |
| State or municipal government entities (including government pension plans) | 1 | $106,307,193 |

### 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: 2006 (20 years)
- Employees: 23 total, 12 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/137779

### Websites listed on Form ADV (Item 1.I)
- [assetvalueinvestors.com](https://assetvalueinvestors.com)
- LinkedIn @asset-value-investors-limited

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,326,276,490 | 12 | December 15, 2020 |
| October 2022 | $1,807,833,488 | 19 | January 12, 2022 |
| October 2023 | $1,557,035,068 | 19 | May 2, 2023 |
| October 2024 | $1,570,958,467 | 19 | December 20, 2023 |
| October 2025 | $2,255,662,516 | 24 | July 24, 2025 |
| October 2026 | $2,280,784,820 | 23 | December 23, 2025 |

Regulatory assets under management: $1,326,276,490 in the October 2021 data and $2,280,784,820 in the October 2026 data, up 72%.
Total employees: 12 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Asset Value Investors Limited (CRD 137779): Form ADV filing data as of October 2026.