# Potrero Capital Research, LLC

> Potrero Capital Research, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 125909
- Filed as: POTRERO CAPITAL RESEARCH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125909
- AdvisorCensus page: https://advisorcensus.com/firm/potrero-capital-research-llc-san-francisco-ca-125909

## Quick answers

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

**Where is Potrero Capital Research, LLC located?**
Potrero Capital Research, LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Potrero Capital Research, LLC registered with the SEC or a state?**
Potrero Capital Research, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 125909.

**How much does Potrero Capital Research, LLC manage?**
Potrero Capital Research, LLC reports $419,641,644 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Potrero Capital Research, LLC's assets and staff changed since 2021?**
In the Form ADV data for Potrero Capital Research, LLC: Regulatory assets under management: $429,104,000 in the October 2021 data and $419,641,644 in the October 2026 data, down 2%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Potrero Capital Research, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Potrero Capital Research, 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/125909

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $419,641,644
- Discretionary: $419,641,644
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $419,641,644 |

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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @potrero-capital-research

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $429,104,000 | 4 | March 29, 2021 |
| October 2022 | $451,508,000 | 4 | March 30, 2022 |
| October 2023 | $327,676,000 | 4 | March 29, 2023 |
| October 2024 | $344,372,654 | 4 | March 26, 2024 |
| October 2025 | $381,898,152 | 4 | March 27, 2025 |
| October 2026 | $419,641,644 | 4 | March 27, 2026 |

Regulatory assets under management: $429,104,000 in the October 2021 data and $419,641,644 in the October 2026 data, down 2%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Potrero Capital Research, LLC (CRD 125909): Form ADV filing data as of October 2026.