# Focused Investors LLC

> Focused Investors LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 140010
- Filed as: FOCUSED INVESTORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140010
- AdvisorCensus page: https://advisorcensus.com/firm/focused-investors-llc-los-angeles-ca-140010

## Quick answers

**How is Focused Investors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Focused Investors LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Focused Investors LLC located?**
Focused Investors LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Focused Investors LLC registered with the SEC or a state?**
Focused Investors LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140010.

**How much does Focused Investors LLC manage?**
Focused Investors LLC reports $3,287,808,974 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Focused Investors LLC's assets and staff changed since 2021?**
In the Form ADV data for Focused Investors LLC: Regulatory assets under management: $2,808,431,315 in the October 2021 data and $3,287,808,974 in the October 2026 data, up 17%. Total employees: 6 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 Focused Investors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Focused Investors LLC use?**
Focused Investors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Northern Trust Company and UBS Switzerland AG as custodians holding 10% or more of its separately managed account assets.

**Does Focused Investors 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/140010

**What changed in Focused Investors LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 2.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- The Northern Trust Company
- UBS Switzerland AG

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.

### Regulatory assets under management (Item 5.F)
- Total: $3,287,808,974
- Discretionary: $3,287,808,974
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $1,175,613,643 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $105,779,902 |
| Charitable organizations | Fewer than 5 | $354,249,863 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $876,432,749 |
| Corporations or other businesses not listed above | Fewer than 5 | $775,732,817 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- focusedinvestors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,808,431,315 | 6 | January 28, 2021 |
| October 2022 | $3,382,100,065 | 6 | February 16, 2022 |
| October 2023 | $3,182,911,715 | 6 | March 8, 2023 |
| October 2024 | $3,195,502,321 | 5 | March 22, 2024 |
| October 2025 | $3,236,841,986 | 5 | March 27, 2025 |
| October 2026 | $3,287,808,974 | 4 | March 30, 2026 |

Regulatory assets under management: $2,808,431,315 in the October 2021 data and $3,287,808,974 in the October 2026 data, up 17%.
Total employees: 6 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Focused Investors LLC (CRD 140010): Form ADV filing data as of October 2026.