# Eastbay Capital

> Eastbay Capital is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 166947
- Filed as: EASTBAY CAPITAL
- Legal name: Eastbay Asset Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166947
- AdvisorCensus page: https://advisorcensus.com/firm/eastbay-capital-166947

## Quick answers

**How is Eastbay Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Eastbay Capital 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.

**Is Eastbay Capital registered with the SEC or a state?**
Eastbay Capital is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 166947.

**How much does Eastbay Capital manage?**
Eastbay Capital reports $307,399,647 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Eastbay Capital's assets and staff changed since 2021?**
In the Form ADV data for Eastbay Capital: Regulatory assets under management: $136,452,184 in the October 2021 data and $307,399,647 in the October 2026 data, up 125%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Eastbay Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Eastbay Capital report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166947

**What changed in Eastbay Capital's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $376,968,869 to $307,399,647 (-18%).

## 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: $307,399,647
- Discretionary: $307,399,647
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $307,399,647 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166947

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @eastbaycap

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $136,452,184 | 2 | August 25, 2021 |
| October 2022 | $199,424,399 | 4 | March 11, 2022 |
| October 2023 | $228,523,929 | 4 | March 22, 2023 |
| October 2024 | $362,710,189 | 4 | February 2, 2024 |
| October 2025 | $376,968,869 | 4 | February 20, 2025 |
| October 2026 | $307,399,647 | 4 | March 27, 2026 |

Regulatory assets under management: $136,452,184 in the October 2021 data and $307,399,647 in the October 2026 data, up 125%.
Total employees: 2 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $376,968,869 to $307,399,647 (-18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Eastbay Capital (CRD 166947): Form ADV filing data as of October 2026.