# Cook & Bynum Capital Management, LLC

> Cook & Bynum Capital Management, LLC is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 149454
- Filed as: COOK & BYNUM CAPITAL MANAGEMENT, LLC
- Also doing business as: COOK & BYNUM
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Birmingham, AL
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149454
- AdvisorCensus page: https://advisorcensus.com/firm/cook-and-bynum-capital-management-llc-birmingham-al-149454

## Quick answers

**How is Cook & Bynum Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cook & Bynum Capital Management, LLC 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 Cook & Bynum Capital Management, LLC located?**
Cook & Bynum Capital Management, LLC's principal office is in Birmingham, AL, according to its Form ADV.

**Is Cook & Bynum Capital Management, LLC registered with the SEC or a state?**
Cook & Bynum Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149454.

**How much does Cook & Bynum Capital Management, LLC manage?**
Cook & Bynum Capital Management, LLC reports $359,767,467 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have Cook & Bynum Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cook & Bynum Capital Management, LLC: Regulatory assets under management: $227,857,800 in the October 2021 data and $359,767,467 in the October 2026 data, up 58%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cook & Bynum Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); high net worth individuals (1); investment companies (1).

**Does Cook & Bynum Capital Management, 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/149454

**What changed in Cook & Bynum Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 6. Regulatory assets under management went from $322,218,542 to $359,767,467 (+12%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $359,767,467
- Discretionary: $359,767,467
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1 | $2,685,673 |
| Investment companies | 1 | $78,865,508 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $278,216,286 |

### 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)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 8 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [cookandbynum.com](https://cookandbynum.com)
- LinkedIn @cook-&-bynum-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $227,857,800 | 6 | September 20, 2021 |
| October 2022 | $257,676,628 | 6 | March 25, 2022 |
| October 2023 | $294,550,708 | 8 | March 23, 2023 |
| October 2024 | $353,447,082 | 8 | March 19, 2024 |
| October 2025 | $322,218,542 | 7 | March 21, 2025 |
| October 2026 | $359,767,467 | 8 | March 11, 2026 |

Regulatory assets under management: $227,857,800 in the October 2021 data and $359,767,467 in the October 2026 data, up 58%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 6.
- Regulatory assets under management went from $322,218,542 to $359,767,467 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cook & Bynum Capital Management, LLC (CRD 149454): Form ADV filing data as of October 2026.