# Periscope Equity LLC

> Periscope Equity LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.

- CRD: 290326
- Filed as: PERISCOPE EQUITY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: May 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/290326
- AdvisorCensus page: https://advisorcensus.com/firm/periscope-equity-llc-chicago-il-290326

## Quick answers

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

**Where is Periscope Equity LLC located?**
Periscope Equity LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Periscope Equity LLC registered with the SEC or a state?**
Periscope Equity LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 290326.

**How much does Periscope Equity LLC manage?**
Periscope Equity LLC reports $666,953,626 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (100% discretionary).

**How have Periscope Equity LLC's assets and staff changed since 2021?**
In the Form ADV data for Periscope Equity LLC: Regulatory assets under management: $481,130,462 in the October 2021 data and $666,953,626 in the October 2026 data, up 39%. Total employees: 13 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Periscope Equity LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Periscope Equity 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/290326

**What changed in Periscope Equity LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 15.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $666,953,626
- Discretionary: $666,953,626
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $666,953,626 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 16 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- periscopeequity.com
- LinkedIn @periscope-equity-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $481,130,462 | 13 | June 28, 2021 |
| October 2022 | $420,541,086 | 11 | May 3, 2022 |
| October 2023 | $447,421,467 | 13 | May 3, 2023 |
| October 2024 | $436,305,427 | 13 | April 22, 2024 |
| October 2025 | $683,253,926 | 13 | May 5, 2025 |
| October 2026 | $666,953,626 | 16 | May 18, 2026 |

Regulatory assets under management: $481,130,462 in the October 2021 data and $666,953,626 in the October 2026 data, up 39%.
Total employees: 13 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 15.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Periscope Equity LLC (CRD 290326): Form ADV filing data as of October 2026.