{
  "crd_number": 158049,
  "slug": "fj-capital-management-llc-mclean-va-158049",
  "primary_business_name": "FJ CAPITAL MANAGEMENT LLC",
  "legal_name": "FJ CAPITAL MANAGEMENT LLC",
  "dbas": [],
  "city": "McLean",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-12-10",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 1079796000.0,
  "raum_discretionary": 1079796000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 18,
  "advisory_employees": 13,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 332933000.0,
      "count": 4,
      "description": "SMAS DISCLOSED IN SECTION 5.K.1"
    },
    "pooled_investment_vehicles": {
      "raum": 746863000.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "VA"
  ],
  "websites": [
    "https://fjcapital.com",
    "https://linkedin.com/company/fj-capital-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158049",
  "city_as_filed": "MCLEAN",
  "url": "https://advisorcensus.com/firm/fj-capital-management-llc-mclean-va-158049",
  "display_name": "FJ Capital Management LLC",
  "summary": "FJ Capital Management LLC is an SEC-registered investment advisory firm in McLean, VA, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. FJ Capital Management LLC (CRD 158049): 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)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is FJ Capital Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FJ Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is FJ Capital Management LLC located?",
      "a": "FJ Capital Management LLC's principal office is in McLean, VA, according to its Form ADV."
    },
    {
      "q": "Is FJ Capital Management LLC registered with the SEC or a state?",
      "a": "FJ Capital Management LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 158049."
    },
    {
      "q": "How much does FJ Capital Management LLC manage?",
      "a": "FJ Capital Management LLC reports $1,079,796,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have FJ Capital Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for FJ Capital Management LLC: Regulatory assets under management: $1,025,941,000 in the October 2021 data and $1,079,796,000 in the October 2026 data, up 5%. Total employees: 16 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does FJ Capital 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) (6); other (4)."
    },
    {
      "q": "Which custodians does FJ Capital Management LLC use?",
      "a": "FJ Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Barclays Capital Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does FJ 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 SEC record: https://adviserinfo.sec.gov/firm/summary/158049"
    },
    {
      "q": "What changed in FJ Capital Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 12 to 13."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1025941000.0,
      "total_employees": 16,
      "filing_date": "2021-09-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1409865000.0,
      "total_employees": 16,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1161249000.0,
      "total_employees": 18,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1161333000.0,
      "total_employees": 18,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1049867000.0,
      "total_employees": 17,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1079796000.0,
      "total_employees": 18,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 12 to 13."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Barclays Capital Inc.",
      "name_as_filed": "BARCLAYS CAPITAL INC.",
      "affiliated": false
    },
    {
      "name": "BofA Securities, Inc.",
      "name_as_filed": "BOFA SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. LLC",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/fj-capital-management-llc-mclean-va-158049.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 746863000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 4,
      "fewer_than_5": false,
      "raum": 332933000.0
    }
  ],
  "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/158049",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}