# Drum Capital Management LLC

> Drum Capital Management LLC is an SEC-registered investment advisory firm in Stamford, CT, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 137964
- Filed as: DRUM CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/137964
- AdvisorCensus page: https://advisorcensus.com/firm/drum-capital-management-llc-stamford-ct-137964

## Quick answers

**How is Drum Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Drum Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**Where is Drum Capital Management LLC located?**
Drum Capital Management LLC's principal office is in Stamford, CT, according to its Form ADV.

**Is Drum Capital Management LLC registered with the SEC or a state?**
Drum Capital Management LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137964.

**How much does Drum Capital Management LLC manage?**
Drum Capital Management LLC reports $503,221,863 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Drum Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Drum Capital Management LLC: Regulatory assets under management: $557,065,966 in the October 2021 data and $503,221,863 in the October 2026 data, down 10%. Total employees: 11 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Drum 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) (6).

**Does Drum 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/137964

**Does Drum Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Generally, the minimum investment in a Fund is $5,000,000, although the General Partner reserves the right to accept subscriptions for lesser amounts, in its sole discretion."

**What changed in Drum Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $589,553,527 to $503,221,863 (-15%). Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> Generally, the minimum investment in a Fund is $5,000,000, although the General Partner reserves the right to accept subscriptions for lesser amounts, in its sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $503,221,863
- Discretionary: $503,221,863
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $503,221,863 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- drumcapital.com
- LinkedIn @drum-capital-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $557,065,966 | 11 | March 29, 2021 |
| October 2022 | $691,644,593 | 10 | March 30, 2022 |
| October 2023 | $725,404,329 | 9 | March 29, 2023 |
| October 2024 | $692,789,488 | 8 | March 31, 2024 |
| October 2025 | $589,553,527 | 6 | March 27, 2025 |
| October 2026 | $503,221,863 | 6 | March 30, 2026 |

Regulatory assets under management: $557,065,966 in the October 2021 data and $503,221,863 in the October 2026 data, down 10%.
Total employees: 11 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $589,553,527 to $503,221,863 (-15%).
- Employees performing advisory functions went from 4 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Drum Capital Management LLC (CRD 137964): Form ADV filing data as of October 2026.