# Metropolis Capital Limited

> Metropolis Capital Limited is an SEC-registered investment advisory firm in Amersham, Buckinghamshire, United Kingdom, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated February 26, 2026.

- CRD: 291699
- Filed as: METROPOLIS CAPITAL LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Amersham, Buckinghamshire, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: February 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/291699
- AdvisorCensus page: https://advisorcensus.com/firm/metropolis-capital-limited-amersham-buckinghamshire-291699

## Quick answers

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

**How much does Metropolis Capital Limited charge?**
Its Form ADV Part 2A brochure dated February 26, 2026 states: Asset-based fee: 0.6% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Metropolis Capital Limited located?**
Metropolis Capital Limited's principal office is in Amersham, Buckinghamshire, United Kingdom, according to its Form ADV.

**Is Metropolis Capital Limited registered with the SEC or a state?**
Metropolis Capital Limited is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291699.

**How much does Metropolis Capital Limited manage?**
Metropolis Capital Limited reports $5,065,266,000 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (100% discretionary).

**How have Metropolis Capital Limited's assets and staff changed since 2021?**
In the Form ADV data for Metropolis Capital Limited: Regulatory assets under management: $1,363,660,000 in the October 2021 data and $5,065,266,000 in the October 2026 data, up 271%. Total employees: 11 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Metropolis Capital Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11).

**Which custodians does Metropolis Capital Limited use?**
Metropolis Capital Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNP Paribas SA, State Street and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Metropolis Capital Limited 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/291699

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 26, 2026)

- Asset-based fee: 0.6% to 1% a year (a range, as the brochure states it)

> The annual management charge (“AMC”) paid to Metropolis from the MI Metropolis Valuefund (the “Fund”) ranges from 0.60% to 1.00% of fund assets under management, depending upon the share class invested into and is paid monthly in arrears.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- BNP Paribas SA
- State Street
- The Northern Trust Company

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: $5,065,266,000
- Discretionary: $5,065,266,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $3,809,510,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $618,486,000 |
| Charitable organizations | Fewer than 5 | $214,391,000 |
| Other | Fewer than 5 | $422,879,000 |

### Advisory services (Item 5.G)
- 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: 2018 (8 years)
- Employees: 14 total, 6 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [metropoliscapital.co.uk](https://metropoliscapital.co.uk)
- LinkedIn @metropolis-capital-limited

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,363,660,000 | 11 | February 26, 2021 |
| October 2022 | $2,345,870,000 | 11 | February 24, 2022 |
| October 2023 | $2,961,400,000 | 13 | June 30, 2023 |
| October 2024 | $3,972,737,000 | 14 | February 27, 2024 |
| October 2025 | $5,009,032,000 | 14 | February 25, 2025 |
| October 2026 | $5,065,266,000 | 14 | February 26, 2026 |

Regulatory assets under management: $1,363,660,000 in the October 2021 data and $5,065,266,000 in the October 2026 data, up 271%.
Total employees: 11 in October 2021 and 14 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Metropolis Capital Limited (CRD 291699): Form ADV filing data as of October 2026.