{
  "crd_number": 297115,
  "slug": "callodine-capital-management-boston-ma-297115",
  "primary_business_name": "CALLODINE CAPITAL MANAGEMENT",
  "legal_name": "CALLODINE CAPITAL MANAGEMENT, LP",
  "dbas": [],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-08-17",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-09-15",
  "carried_forward": false,
  "raum_total": 2034231012.0,
  "raum_discretionary": 2034231012.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 19,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "investment_companies": {
      "raum": 456437975.0,
      "count": 3
    },
    "pooled_investment_vehicles": {
      "raum": 1515057003.0,
      "count": 10
    },
    "corporations_other_businesses": {
      "raum": 62736034.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA"
  ],
  "websites": [
    "https://callodine.com",
    "https://linkedin.com/COMPANY/CALLODINE-CAPITAL",
    "https://x.com/CallodineCap"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297115",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/callodine-capital-management-boston-ma-297115",
  "display_name": "Callodine Capital Management",
  "summary": "Callodine Capital Management is an SEC-registered investment advisory firm in Boston, MA, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 15, 2026.",
  "citation": "AdvisorCensus. Callodine Capital Management (CRD 297115): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Callodine Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Callodine Capital Management reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is Callodine Capital Management located?",
      "a": "Callodine Capital Management's principal office is in Boston, MA, according to its Form ADV."
    },
    {
      "q": "Is Callodine Capital Management registered with the SEC or a state?",
      "a": "Callodine Capital Management is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297115."
    },
    {
      "q": "How much does Callodine Capital Management manage?",
      "a": "Callodine Capital Management reports $2,034,231,012 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Callodine Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Callodine Capital Management: Regulatory assets under management: $353,814,062 in the October 2021 data and $2,034,231,012 in the October 2026 data, up 475%. Total employees: 11 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Callodine Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10); investment companies (3); corporations or other businesses not listed above (2)."
    },
    {
      "q": "Which custodians does Callodine Capital Management use?",
      "a": "Callodine Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc. and Jefferies LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Callodine Capital Management 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/297115"
    },
    {
      "q": "What changed in Callodine Capital Management's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 353814062.0,
      "total_employees": 11,
      "filing_date": "2021-04-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 372368795.0,
      "total_employees": 10,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 513492630.0,
      "total_employees": 13,
      "filing_date": "2023-04-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 607377948.0,
      "total_employees": 14,
      "filing_date": "2024-06-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 787291950.0,
      "total_employees": 18,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2034231012.0,
      "total_employees": 19,
      "filing_date": "2026-09-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $787,291,950 to $2,034,231,012 (+158%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BofA Securities, Inc.",
      "name_as_filed": "BOFA SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Jefferies LLC",
      "name_as_filed": "JEFFERIES 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/callodine-capital-management-boston-ma-297115.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 456437975.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 1515057003.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 62736034.0
    }
  ],
  "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/297115",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}