{
  "crd_number": 137147,
  "slug": "levin-capital-strategies-l-p-new-york-ny-137147",
  "primary_business_name": "LEVIN CAPITAL STRATEGIES, L.P.",
  "legal_name": "LEVIN CAPITAL STRATEGIES, L.P.",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-01-20",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 1659473378.0,
  "raum_discretionary": 1472194708.0,
  "raum_non_discretionary": 187278670.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 6025992.0,
      "count": null,
      "description": "TRUSTS, ESTATES",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 73109313.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 210451752.0,
      "count": 118
    },
    "banking_thrift": {
      "raum": 116881086.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 138754031.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1073441319.0,
      "count": 132
    },
    "pooled_investment_vehicles": {
      "raum": 20893475.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 19916410.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IL",
    "IN",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "NC",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "RI",
    "SC",
    "TX",
    "VA",
    "VT"
  ],
  "websites": [
    "https://johnlevin.substack.com",
    "https://levincap.com",
    "https://linkedin.com/company/levin-capital-strategies"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137147",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/levin-capital-strategies-l-p-new-york-ny-137147",
  "display_name": "Levin Capital Strategies, L.P.",
  "summary": "Levin Capital Strategies, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Levin Capital Strategies, L.P. (CRD 137147): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Levin Capital Strategies, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Levin Capital Strategies, L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Levin Capital Strategies, L.P. located?",
      "a": "Levin Capital Strategies, L.P.'s principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Levin Capital Strategies, L.P. registered with the SEC or a state?",
      "a": "Levin Capital Strategies, L.P. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137147."
    },
    {
      "q": "How much does Levin Capital Strategies, L.P. manage?",
      "a": "Levin Capital Strategies, L.P. reports $1,659,473,378 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (89% discretionary)."
    },
    {
      "q": "How have Levin Capital Strategies, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Levin Capital Strategies, L.P.: Regulatory assets under management: $1,085,694,840 in the October 2021 data and $1,659,473,378 in the October 2026 data, up 53%. Total employees: 8 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Levin Capital Strategies, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (132); individuals (other than high net worth individuals) (118); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Which custodians does Levin Capital Strategies, L.P. use?",
      "a": "Levin Capital Strategies, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Levin Capital Strategies, L.P. 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/137147"
    },
    {
      "q": "Does Levin Capital Strategies, L.P. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"LCS generally requires a minimum account size of $1 million in order to establish a Separately Managed Account, although LCS may, in its sole discretion, require a larger amount or accept a smaller amount of initial assets from a potential Client.\""
    },
    {
      "q": "What changed in Levin Capital Strategies, L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 9. Regulatory assets under management went from $1,246,801,756 to $1,659,473,378 (+33%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1085694840.0,
      "total_employees": 8,
      "filing_date": "2021-07-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1212989229.0,
      "total_employees": 9,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1013342342.0,
      "total_employees": 13,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1083187647.0,
      "total_employees": 13,
      "filing_date": "2024-05-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1246801756.0,
      "total_employees": 11,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1659473378.0,
      "total_employees": 14,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 9.",
        "Regulatory assets under management went from $1,246,801,756 to $1,659,473,378 (+33%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "LCS generally requires a minimum account size of $1 million in order to establish a Separately Managed Account, although LCS may, in its sole discretion, require a larger amount or accept a smaller amount of initial assets from a potential Client."
        ]
      }
    ],
    "quotes": [
      "LCS generally requires a minimum account size of $1 million in order to establish a Separately Managed Account, although LCS may, in its sole discretion, require a larger amount or accept a smaller amount of initial assets from a potential Client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/levin-capital-strategies-l-p-new-york-ny-137147.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 118,
      "fewer_than_5": false,
      "raum": 210451752.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 132,
      "fewer_than_5": false,
      "raum": 1073441319.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 116881086.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 20893475.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 138754031.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 73109313.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 19916410.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 6025992.0
    }
  ],
  "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/137147",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}