{
  "crd_number": 321156,
  "slug": "dark-horse-capital-management-llc-chadds-ford-pa-321156",
  "primary_business_name": "DARK HORSE CAPITAL MANAGEMENT LLC",
  "legal_name": "DARK HORSE CAPITAL MANAGEMENT LLC",
  "dbas": [],
  "city": "Chadds Ford",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "exempt",
  "registration_status": "ERA - Active",
  "registration_date": "2025-03-28",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": null,
  "advisory_employees": null,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [],
  "advisory_activities": [],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://darkhorsecapitalmanagement.com",
    "https://linkedin.com/company/dark-horse-capital-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/321156",
  "city_as_filed": "CHADDS FORD",
  "url": "https://advisorcensus.com/firm/dark-horse-capital-management-llc-chadds-ford-pa-321156",
  "display_name": "Dark Horse Capital Management LLC",
  "summary": "Dark Horse Capital Management LLC is an exempt reporting adviser in Chadds Ford, PA, filing reports since 2025. Exempt reporting advisers do not report regulatory assets under management on Form ADV.",
  "citation": "AdvisorCensus. Dark Horse Capital Management LLC (CRD 321156): Form ADV filing data as of October 2026.",
  "registration_type_label": "Exempt reporting adviser",
  "compensation_labels": [],
  "advisory_activity_labels": [],
  "quick_answers": [
    {
      "q": "Where is Dark Horse Capital Management LLC located?",
      "a": "Dark Horse Capital Management LLC's principal office is in Chadds Ford, PA, according to its Form ADV."
    },
    {
      "q": "How does Dark Horse Capital Management LLC report to regulators?",
      "a": "Dark Horse Capital Management LLC is an exempt reporting adviser, filing reports since 2025. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 321156."
    },
    {
      "q": "How have Dark Horse Capital Management LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Dark Horse Capital Management LLC: Regulatory assets under management: $37,200,644 in the October 2022 data and $76,958,821 in the October 2024 data, up 107%. Total employees: 1 in October 2022 and 2 in October 2024. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Does Dark Horse Capital Management 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/321156"
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 37200644.0,
      "total_employees": 1,
      "filing_date": "2022-08-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 57650952.0,
      "total_employees": 2,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 76958821.0,
      "total_employees": 2,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/dark-horse-capital-management-llc-chadds-ford-pa-321156.md",
  "clients": [],
  "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/321156",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}