# Hound Partners

> Hound Partners is an SEC-registered investment advisory firm in New York, NY, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 15, 2026.

- CRD: 155551
- Filed as: HOUND PARTNERS
- Legal name: Hound Partners, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155551
- AdvisorCensus page: https://advisorcensus.com/firm/hound-partners-new-york-ny-155551

## Quick answers

**How is Hound Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Hound Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Hound Partners located?**
Hound Partners' principal office is in New York, NY, according to its Form ADV.

**Is Hound Partners registered with the SEC or a state?**
Hound Partners is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 155551.

**How much does Hound Partners manage?**
Hound Partners reports $4,976,933,673 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (100% discretionary).

**How have Hound Partners' assets and staff changed since 2021?**
In the Form ADV data for Hound Partners: Regulatory assets under management: $3,223,778,111 in the October 2021 data and $4,976,933,673 in the October 2026 data, up 54%. Total employees: 21 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Hound Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does Hound Partners report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a 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/155551

**What changed in Hound Partners' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 18 to 17. Regulatory assets under management went from $4,136,640,542 to $4,976,933,673 (+20%).

## 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: $4,976,933,673
- Discretionary: $4,976,933,673
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $4,976,933,673 |

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

### Firm details
- Registered since: 2011 (15 years)
- Employees: 28 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

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/155551

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,223,778,111 | 21 | May 7, 2021 |
| October 2022 | $2,994,985,228 | 24 | March 31, 2022 |
| October 2023 | $2,923,722,563 | 25 | March 30, 2023 |
| October 2024 | $4,271,542,989 | 25 | July 17, 2024 |
| October 2025 | $4,136,640,542 | 25 | March 28, 2025 |
| October 2026 | $4,976,933,673 | 28 | July 15, 2026 |

Regulatory assets under management: $3,223,778,111 in the October 2021 data and $4,976,933,673 in the October 2026 data, up 54%.
Total employees: 21 in October 2021 and 28 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 18 to 17.
- Regulatory assets under management went from $4,136,640,542 to $4,976,933,673 (+20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hound Partners (CRD 155551): Form ADV filing data as of October 2026.