# Hawk Ridge Capital Management LP

> Hawk Ridge Capital Management LP is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 163818
- Filed as: HAWK RIDGE CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/163818
- AdvisorCensus page: https://advisorcensus.com/firm/hawk-ridge-capital-management-lp-los-angeles-ca-163818

## Quick answers

**How is Hawk Ridge Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Hawk Ridge Capital Management LP 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 Hawk Ridge Capital Management LP located?**
Hawk Ridge Capital Management LP's principal office is in Los Angeles, CA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Hawk Ridge Capital Management LP registered with the SEC or a state?**
Hawk Ridge Capital Management LP is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 163818.

**How much does Hawk Ridge Capital Management LP manage?**
Hawk Ridge Capital Management LP reports $4,528,021,972 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Hawk Ridge Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for Hawk Ridge Capital Management LP: Regulatory assets under management: $2,101,640,804 in the October 2021 data and $4,528,021,972 in the October 2026 data, up 115%. Total employees: 15 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Hawk Ridge Capital Management LP 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/163818

**What changed in Hawk Ridge Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,089,942,449 to $4,528,021,972 (-11%). Registered or notice-filed in MA. Updated its list of owners and control persons (Schedule A).

## 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: $4,528,021,972
- Discretionary: $4,528,021,972
- Non-discretionary: $0

### 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) | 5 | $4,528,021,972 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 23 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY
- Tiburon, CA

### Websites listed on Form ADV (Item 1.I)
- hawkridgellc.com
- LinkedIn @hawk-ridge-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,101,640,804 | 15 | March 31, 2021 |
| October 2022 | $2,893,147,857 | 20 | March 30, 2022 |
| October 2023 | $3,258,804,299 | 21 | March 31, 2023 |
| October 2024 | $4,364,135,161 | 23 | March 28, 2024 |
| October 2025 | $5,089,942,449 | 24 | May 5, 2025 |
| October 2026 | $4,528,021,972 | 23 | March 31, 2026 |

Regulatory assets under management: $2,101,640,804 in the October 2021 data and $4,528,021,972 in the October 2026 data, up 115%.
Total employees: 15 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,089,942,449 to $4,528,021,972 (-11%).
- Registered or notice-filed in MA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hawk Ridge Capital Management LP (CRD 163818): Form ADV filing data as of October 2026.