# GMT Capital Corp.

> GMT Capital Corp. is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 160404
- Filed as: GMT CAPITAL CORP.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160404
- AdvisorCensus page: https://advisorcensus.com/firm/gmt-capital-corp-atlanta-ga-160404

## Quick answers

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

**Where is GMT Capital Corp. located?**
GMT Capital Corp.'s principal office is in Atlanta, GA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is GMT Capital Corp. registered with the SEC or a state?**
GMT Capital Corp. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160404.

**How much does GMT Capital Corp. manage?**
GMT Capital Corp. reports $6,897,140,394 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have GMT Capital Corp.'s assets and staff changed since 2021?**
In the Form ADV data for GMT Capital Corp.: Regulatory assets under management: $3,635,657,751 in the October 2021 data and $6,897,140,394 in the October 2026 data, up 90%. Total employees: 21 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does GMT Capital Corp. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4); corporations or other businesses not listed above (1); other (1).

**Which custodians does GMT Capital Corp. use?**
GMT Capital Corp.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does GMT Capital Corp. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). 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/160404

**What changed in GMT Capital Corp.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,575,318,941 to $6,897,140,394 (+24%). Changed its office addresses in London.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- BofA Securities, Inc.
- Citigroup Global Markets Inc.
- Goldman Sachs & Co. LLC
- National Financial Services LLC

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: $6,897,140,394
- Discretionary: $6,883,254,121
- Non-discretionary: $13,886,273

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $6,540,072,009 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $13,886,273 |
| Other | 1 | $343,182,112 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 2012 (14 years)
- Employees: 19 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: GA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

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/160404

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- London

### Websites listed on Form ADV (Item 1.I)
- [gmtcapital.com](https://gmtcapital.com)
- LinkedIn @GMT-CAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,635,657,751 | 21 | March 31, 2021 |
| October 2022 | $4,871,277,981 | 16 | March 30, 2022 |
| October 2023 | $4,952,121,957 | 19 | March 27, 2023 |
| October 2024 | $5,562,384,758 | 19 | August 27, 2024 |
| October 2025 | $5,575,318,941 | 18 | March 18, 2025 |
| October 2026 | $6,897,140,394 | 19 | March 17, 2026 |

Regulatory assets under management: $3,635,657,751 in the October 2021 data and $6,897,140,394 in the October 2026 data, up 90%.
Total employees: 21 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,575,318,941 to $6,897,140,394 (+24%).
- Changed its office addresses in London.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. GMT Capital Corp. (CRD 160404): Form ADV filing data as of October 2026.