# Newfoundland Capital Management US, LLC

> Newfoundland Capital Management US, LLC is an SEC-registered investment advisory firm, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 168646
- Filed as: NEWFOUNDLAND CAPITAL MANAGEMENT US, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168646
- AdvisorCensus page: https://advisorcensus.com/firm/newfoundland-capital-management-us-llc-168646

## Quick answers

**How is Newfoundland Capital Management US, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Newfoundland Capital Management US, LLC reports these compensation arrangements: commissions. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Newfoundland Capital Management US, LLC registered with the SEC or a state?**
Newfoundland Capital Management US, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 168646.

**How much does Newfoundland Capital Management US, LLC manage?**
Newfoundland Capital Management US, LLC reports $103,353,573 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Newfoundland Capital Management US, LLC's assets and staff changed since 2021?**
In the Form ADV data for Newfoundland Capital Management US, LLC: Regulatory assets under management: $1,078,399,283 in the October 2021 data and $103,353,573 in the October 2026 data, down 90%. Total employees: 16 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Newfoundland Capital Management US, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does Newfoundland Capital Management US, LLC 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/168646

**What changed in Newfoundland Capital Management US, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 3. Regulatory assets under management went from $142,199,906 to $103,353,573 (-27%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Commissions

### Regulatory assets under management (Item 5.F)
- Total: $103,353,573
- Discretionary: $103,353,573
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $103,353,573 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 9 total, 3 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)
- newfcap.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,078,399,283 | 16 | May 6, 2021 |
| October 2022 | $725,609,999 | 16 | March 31, 2022 |
| October 2023 | $290,819,245 | 16 | March 31, 2023 |
| October 2024 | $173,404,079 | 13 | May 16, 2024 |
| October 2025 | $142,199,906 | 13 | April 1, 2025 |
| October 2026 | $103,353,573 | 9 | March 31, 2026 |

Regulatory assets under management: $1,078,399,283 in the October 2021 data and $103,353,573 in the October 2026 data, down 90%.
Total employees: 16 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 3.
- Regulatory assets under management went from $142,199,906 to $103,353,573 (-27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newfoundland Capital Management US, LLC (CRD 168646): Form ADV filing data as of October 2026.