# Blue Grotto Capital, LLC

> 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.

- CRD: 299869
- Filed as: BLUE GROTTO CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299869
- AdvisorCensus page: https://advisorcensus.com/firm/blue-grotto-capital-llc-atlanta-ga-299869

## Quick answers

**How is Blue Grotto Capital, LLC compensated?**
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.

**Where is Blue Grotto Capital, LLC located?**
Blue Grotto Capital, LLC's principal office is in Atlanta, GA, according to its Form ADV.

**Is Blue Grotto Capital, LLC registered with the SEC or a state?**
Blue Grotto Capital, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 299869.

**How much does Blue Grotto Capital, LLC manage?**
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).

**How have Blue Grotto Capital, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Blue Grotto Capital, LLC serve?**
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).

**Which custodians does Blue Grotto Capital, LLC use?**
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.

**Does Blue Grotto Capital, LLC 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/299869

**What changed in Blue Grotto Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,163,937,572 to $2,098,624,591 (+80%).

## 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))
- Morgan Stanley & Co. LLC
- UBS Securities LLC

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: $2,098,624,591
- Discretionary: $2,098,624,591
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $742,521,516 |
| Charitable organizations | 4 | $1,356,103,075 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 6 total, 4 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)
- bluegrottocapital.com
- LinkedIn @blue-grotto-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $454,818,069 | 4 | March 24, 2021 |
| October 2022 | $682,566,841 | 4 | March 2, 2022 |
| October 2023 | $787,832,405 | 6 | March 28, 2023 |
| October 2024 | $743,390,536 | 5 | March 6, 2024 |
| October 2025 | $1,163,937,572 | 5 | March 28, 2025 |
| October 2026 | $2,098,624,591 | 6 | March 20, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,163,937,572 to $2,098,624,591 (+80%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blue Grotto Capital, LLC (CRD 299869): Form ADV filing data as of October 2026.