# Newport Global Advisors L.P.

> Newport Global Advisors L.P. is an SEC-registered investment advisory firm in The Woodlands, TX, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 9, 2026.

- CRD: 139368
- Filed as: NEWPORT GLOBAL ADVISORS L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: The Woodlands, TX
- Filing period: October 2026
- Form ADV filing dated: July 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139368
- AdvisorCensus page: https://advisorcensus.com/firm/newport-global-advisors-l-p-the-woodlands-tx-139368

## Quick answers

**How is Newport Global Advisors L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Newport Global Advisors L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Newport Global Advisors L.P. located?**
Newport Global Advisors L.P.'s principal office is in The Woodlands, TX, according to its Form ADV.

**Is Newport Global Advisors L.P. registered with the SEC or a state?**
Newport Global Advisors L.P. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139368.

**How much does Newport Global Advisors L.P. manage?**
Newport Global Advisors L.P. reports $174,820,677 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (100% discretionary).

**How have Newport Global Advisors L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Newport Global Advisors L.P.: Regulatory assets under management: $376,398,159 in the October 2021 data and $174,820,677 in the October 2026 data, down 54%. Total employees: 10 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Newport Global Advisors L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); insurance companies (1).

**Which custodians does Newport Global Advisors L.P. use?**
Newport Global Advisors L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon Asset Servicing as a custodian holding 10% or more of its separately managed account assets.

**Does Newport Global Advisors L.P. 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/139368

**What changed in Newport Global Advisors L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. 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
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon Asset Servicing

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: $174,820,677
- Discretionary: $174,820,677
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $90,104,463 |
| Insurance companies | 1 | $84,716,214 |

### 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: 2006 (20 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [newportglobaladvisors.com](https://newportglobaladvisors.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $376,398,159 | 10 | March 11, 2021 |
| October 2022 | $448,660,951 | 8 | June 20, 2022 |
| October 2023 | $472,627,208 | 8 | June 26, 2023 |
| October 2024 | $273,172,502 | 8 | September 19, 2024 |
| October 2025 | $186,550,453 | 8 | May 3, 2025 |
| October 2026 | $174,820,677 | 5 | July 9, 2026 |

Regulatory assets under management: $376,398,159 in the October 2021 data and $174,820,677 in the October 2026 data, down 54%.
Total employees: 10 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newport Global Advisors L.P. (CRD 139368): Form ADV filing data as of October 2026.