{ "crd_number": 126765, "slug": "public-equity-partners-126765", "primary_business_name": "PUBLIC EQUITY PARTNERS", "legal_name": "PUBLIC EQUITY PARTNERS, LLC", "dbas": [], "city": null, "state": null, "country": null, "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2003-07-18", "years_registered": 23, "period": "2026-10-01", "filing_date": "2026-10-01", "carried_forward": false, "raum_total": 189000000.0, "raum_discretionary": 42000000.0, "raum_non_discretionary": 147000000.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "high_net_worth_individuals": { "raum": 147000000.0, "count": 1 }, "pooled_investment_vehicles": { "raum": 42000000.0, "count": 1 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 1, "states_registered": [ "TX" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126765", "disclosure_items": [ { "item": "11.E(2)", "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?" } ], "city_as_filed": null, "url": "https://advisorcensus.com/firm/public-equity-partners-126765", "display_name": "Public Equity Partners", "summary": "Public Equity Partners is an SEC-registered investment advisory firm, registered since 2003, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.", "citation": "AdvisorCensus. Public Equity Partners (CRD 126765): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Public Equity Partners compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Public Equity Partners 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." }, { "q": "Is Public Equity Partners registered with the SEC or a state?", "a": "Public Equity Partners is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 126765." }, { "q": "How much does Public Equity Partners manage?", "a": "Public Equity Partners reports $189,000,000 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (22% discretionary)." }, { "q": "How have Public Equity Partners' assets and staff changed since 2021?", "a": "In the Form ADV data for Public Equity Partners: Regulatory assets under management: $6,755,000,000 in the October 2021 data and $189,000,000 in the October 2026 data, down 97%. Total employees: 49 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Public Equity Partners serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1); pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Which custodians does Public Equity Partners use?", "a": "Public Equity Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Public Equity Partners report any disciplinary disclosures?", "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/126765" }, { "q": "What changed in Public Equity Partners' recent Form ADV filings?", "a": "In the May 2026 filing data: Regulatory assets under management went from $36,000,000 to $187,000,000 (+419%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6755000000.0, "total_employees": 49, "filing_date": "2021-09-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 6427000000.0, "total_employees": 40, "filing_date": "2022-09-07" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6505000000.0, "total_employees": 44, "filing_date": "2023-09-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 6745000000.0, "total_employees": 45, "filing_date": "2024-09-09" }, { "period": "2025-10-01", "regulatory_assets_under_management": 33000000.0, "total_employees": 1, "filing_date": "2025-04-08" }, { "period": "2026-10-01", "regulatory_assets_under_management": 189000000.0, "total_employees": 1, "filing_date": "2026-10-01" } ], "recent_changes": [ { "period": "2026-05-01", "period_label": "May 2026", "notes": [ "Regulatory assets under management went from $36,000,000 to $187,000,000 (+419%)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in CO, MA, NY." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/public-equity-partners-126765.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 1, "fewer_than_5": false, "raum": 147000000.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 42000000.0 } ], "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126765", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }