{ "crd_number": 300750, "slug": "dragonfly-digital-management-llc-san-francisco-ca-300750", "primary_business_name": "DRAGONFLY DIGITAL MANAGEMENT, LLC", "legal_name": "DRAGONFLY DIGITAL MANAGEMENT, LLC", "dbas": [ "DRAGONFLY", "DRAGONFLY CAPITAL PARTNERS" ], "city": "San Francisco", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-05-03", "years_registered": 4, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 3437541969.0, "raum_discretionary": 3437541969.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 34, "advisory_employees": 9, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3437541969.0, "count": 14 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "NY" ], "websites": [ "https://dragonfly.xyz", "https://linkedin.com/company/dragonfly-capital-partners", "https://medium.com/dragonfly-research", "https://x.com/dragonfly_xyz" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300750", "city_as_filed": "SAN FRANCISCO", "url": "https://advisorcensus.com/firm/dragonfly-digital-management-llc-san-francisco-ca-300750", "display_name": "Dragonfly Digital Management, LLC", "summary": "Dragonfly Digital Management, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Dragonfly Digital Management, LLC (CRD 300750): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Dragonfly Digital Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Dragonfly Digital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Dragonfly Digital Management, LLC located?", "a": "Dragonfly Digital Management, LLC's principal office is in San Francisco, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Dragonfly Digital Management, LLC registered with the SEC or a state?", "a": "Dragonfly Digital Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 300750." }, { "q": "How much does Dragonfly Digital Management, LLC manage?", "a": "Dragonfly Digital Management, LLC reports $3,437,541,969 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Dragonfly Digital Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Dragonfly Digital Management, LLC: Regulatory assets under management: $3,481,586,469 in the October 2022 data and $3,437,541,969 in the October 2026 data, down 1%. Total employees: 19 in October 2022 and 34 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Dragonfly Digital Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (14)." }, { "q": "Does Dragonfly Digital 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 SEC record: https://adviserinfo.sec.gov/firm/summary/300750" }, { "q": "What changed in Dragonfly Digital Management, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $4,140,480,327 to $3,437,541,969 (-17%). Added an office in New York, NY. Registered or notice-filed in NY. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3481586469.0, "total_employees": 19, "filing_date": "2022-08-11" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1934858193.0, "total_employees": 41, "filing_date": "2023-07-18" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2466635502.0, "total_employees": 36, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4140480327.0, "total_employees": 38, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3437541969.0, "total_employees": 34, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $4,140,480,327 to $3,437,541,969 (-17%).", "Added an office in New York, NY.", "Registered or notice-filed in NY.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/dragonfly-digital-management-llc-san-francisco-ca-300750.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 14, "fewer_than_5": false, "raum": 3437541969.0 } ], "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/300750", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }