{
  "crd_number": 299869,
  "slug": "blue-grotto-capital-llc-atlanta-ga-299869",
  "primary_business_name": "BLUE GROTTO CAPITAL, LLC",
  "legal_name": "BLUE GROTTO CAPITAL, LLC",
  "dbas": [],
  "city": "Atlanta",
  "state": "GA",
  "country": "United States",
  "cbsa_code": "12060",
  "metro": {
    "cbsa_code": "12060",
    "common_name": "Atlanta",
    "msa_name": "Atlanta-Sandy Springs-Roswell, GA",
    "path": "/advisors/ga/atlanta"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-09-27",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 2098624591.0,
  "raum_discretionary": 2098624591.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1356103075.0,
      "count": 4,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 742521516.0,
      "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": [],
  "websites": [
    "https://bluegrottocapital.com",
    "https://linkedin.com/company/blue-grotto-capital"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/299869",
  "city_as_filed": "ATLANTA",
  "url": "https://advisorcensus.com/firm/blue-grotto-capital-llc-atlanta-ga-299869",
  "display_name": "Blue Grotto Capital, LLC",
  "summary": "Blue Grotto Capital, LLC is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Blue Grotto Capital, LLC (CRD 299869): 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 Blue Grotto Capital, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Blue Grotto Capital, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Blue Grotto Capital, LLC located?",
      "a": "Blue Grotto Capital, LLC's principal office is in Atlanta, GA, according to its Form ADV."
    },
    {
      "q": "Is Blue Grotto Capital, LLC registered with the SEC or a state?",
      "a": "Blue Grotto Capital, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 299869."
    },
    {
      "q": "How much does Blue Grotto Capital, LLC manage?",
      "a": "Blue Grotto Capital, LLC reports $2,098,624,591 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Blue Grotto Capital, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Blue Grotto Capital, LLC: Regulatory assets under management: $454,818,069 in the October 2021 data and $2,098,624,591 in the October 2026 data, up 361%. Total employees: 4 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Blue Grotto Capital, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: charitable organizations (4); pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Which custodians does Blue Grotto Capital, LLC use?",
      "a": "Blue Grotto Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. LLC and UBS Securities LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Blue Grotto Capital, LLC 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/299869"
    },
    {
      "q": "What changed in Blue Grotto Capital, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,163,937,572 to $2,098,624,591 (+80%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 454818069.0,
      "total_employees": 4,
      "filing_date": "2021-03-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 682566841.0,
      "total_employees": 4,
      "filing_date": "2022-03-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 787832405.0,
      "total_employees": 6,
      "filing_date": "2023-03-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 743390536.0,
      "total_employees": 5,
      "filing_date": "2024-03-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1163937572.0,
      "total_employees": 5,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2098624591.0,
      "total_employees": 6,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,163,937,572 to $2,098,624,591 (+80%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Morgan Stanley & Co. LLC",
      "name_as_filed": "MORGAN STANLEY & CO. LLC",
      "affiliated": false
    },
    {
      "name": "UBS Securities LLC",
      "name_as_filed": "UBS SECURITIES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/blue-grotto-capital-llc-atlanta-ga-299869.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": 742521516.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 1356103075.0
    }
  ],
  "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/299869",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}