{
  "crd_number": 317242,
  "slug": "grizzle-investment-management-llc-317242",
  "primary_business_name": "GRIZZLE INVESTMENT MANAGEMENT LLC",
  "legal_name": "GRIZZLE INVESTMENT MANAGEMENT LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-11-12",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-09-02",
  "carried_forward": false,
  "raum_total": 34194281.0,
  "raum_discretionary": 34194281.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 34194281.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://etf.grizzle.com",
    "https://twitter.com/GrizzleInvest"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317242",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/grizzle-investment-management-llc-317242",
  "display_name": "Grizzle Investment Management LLC",
  "summary": "Grizzle Investment Management LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated September 2, 2026.",
  "citation": "AdvisorCensus. Grizzle Investment Management LLC (CRD 317242): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Grizzle Investment Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Grizzle Investment Management 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."
    },
    {
      "q": "Is Grizzle Investment Management LLC registered with the SEC or a state?",
      "a": "Grizzle Investment Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317242."
    },
    {
      "q": "How much does Grizzle Investment Management LLC manage?",
      "a": "Grizzle Investment Management LLC reports $34,194,281 in regulatory assets under management in its Form ADV filing dated September 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have Grizzle Investment Management LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Grizzle Investment Management LLC: Regulatory assets under management: $250,349 in the October 2022 data and $34,194,281 in the October 2026 data, up 13559%. Total employees: 3 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Grizzle Investment Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Grizzle Investment 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/317242"
    },
    {
      "q": "What changed in Grizzle Investment Management LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Regulatory assets under management went from $4,911,555 to $34,194,281 (+596%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 250349.0,
      "total_employees": 3,
      "filing_date": "2022-01-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1286956.0,
      "total_employees": 3,
      "filing_date": "2023-09-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1286956.0,
      "total_employees": 3,
      "filing_date": "2024-02-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 14249427.0,
      "total_employees": 3,
      "filing_date": "2024-10-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 34194281.0,
      "total_employees": 3,
      "filing_date": "2026-09-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Regulatory assets under management went from $4,911,555 to $34,194,281 (+596%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $14,249,427 to $4,911,555 (-66%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/grizzle-investment-management-llc-317242.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 34194281.0
    }
  ],
  "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/317242",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}