# Ceredex Value Advisors LLC

> Ceredex Value Advisors LLC is an SEC-registered investment advisory firm in Winter Park, FL, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 146023
- Filed as: CEREDEX VALUE ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Winter Park, FL
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146023
- AdvisorCensus page: https://advisorcensus.com/firm/ceredex-value-advisors-llc-winter-park-fl-146023

## Quick answers

**How is Ceredex Value Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ceredex Value Advisors LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Ceredex Value Advisors LLC located?**
Ceredex Value Advisors LLC's principal office is in Winter Park, FL, according to its Form ADV.

**Is Ceredex Value Advisors LLC registered with the SEC or a state?**
Ceredex Value Advisors LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146023.

**How much does Ceredex Value Advisors LLC manage?**
Ceredex Value Advisors LLC reports $3,431,437,288 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Ceredex Value Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Ceredex Value Advisors LLC: Regulatory assets under management: $8,528,802,470 in the October 2021 data and $3,431,437,288 in the October 2026 data, down 60%. Total employees: 13 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ceredex Value Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: state or municipal government entities (including government pension plans) (8); investment companies (4); pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Ceredex Value Advisors LLC use?**
Ceredex Value Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust and State Street Bank and Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Ceredex Value Advisors 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/146023

**What changed in Ceredex Value Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,163,385,981 to $3,431,437,288 (-34%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust
- State Street Bank and Trust Company

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: $3,431,437,288
- Discretionary: $3,431,437,288
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 4 | $1,563,682,068 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $144,936,225 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $661,414,120 |
| Charitable organizations | Fewer than 5 | $226,167,160 |
| State or municipal government entities (including government pension plans) | 8 | $501,177,425 |
| Insurance companies | Fewer than 5 | $330,323,203 |
| Corporations or other businesses not listed above | Fewer than 5 | $3,737,087 |

### Advisory services (Item 5.G)
- 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
- Other

### Firm details
- Registered since: 2008 (18 years)
- Employees: 13 total, 11 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CT, FL, GA, ME
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ceredexvalue.com
- virtus.com
- LinkedIn @ceredex-value-advisors
- LinkedIn @virtus-investment-partners
- X @virtus

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $8,528,802,470 | 13 | July 1, 2021 |
| October 2022 | $9,879,665,250 | 13 | March 23, 2022 |
| October 2023 | $6,990,232,216 | 13 | June 20, 2023 |
| October 2024 | $6,231,897,911 | 13 | March 28, 2024 |
| October 2025 | $5,163,385,981 | 13 | June 12, 2025 |
| October 2026 | $3,431,437,288 | 13 | March 20, 2026 |

Regulatory assets under management: $8,528,802,470 in the October 2021 data and $3,431,437,288 in the October 2026 data, down 60%.
Total employees: 13 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,163,385,981 to $3,431,437,288 (-34%).

### January 2026
- No longer registered or notice-filed in AK, AL, AR, AZ, CA, CO, DC, DE, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ceredex Value Advisors LLC (CRD 146023): Form ADV filing data as of October 2026.