# Seldon Capital LP

> Seldon Capital LP is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 300755
- Filed as: SELDON CAPITAL LP
- 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/300755
- AdvisorCensus page: https://advisorcensus.com/firm/seldon-capital-lp-san-francisco-ca-300755

## Quick answers

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

**How much does Seldon Capital LP charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is Seldon Capital LP registered with the SEC or a state?**
Seldon Capital LP is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300755.

**How much does Seldon Capital LP manage?**
Seldon Capital LP reports $517,751,325 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Seldon Capital LP's assets and staff changed since 2021?**
In the Form ADV data for Seldon Capital LP: Regulatory assets under management: $204,980,216 in the October 2021 data and $517,751,325 in the October 2026 data, up 153%. Total employees: 4 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Seldon Capital LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Seldon Capital LP use?**
Seldon Capital LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets.

**Does Seldon Capital LP 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/300755

**What changed in Seldon Capital LP's recent Form ADV filings?**
In the January 2026 filing data: 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
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> Clients will typically pay Seldon a quarterly asset -based management fee, generally up to 1.5% (the “Management Fee”).

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Distributors Company LLC

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: $517,751,325
- Discretionary: $517,751,325
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $115,972,893 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $401,778,432 |

### Advisory services (Item 5.G)
- Financial planning services
- 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 7 total, 5 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)
- seldon.capital
- LinkedIn @seldon-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $204,980,216 | 4 | March 31, 2021 |
| October 2022 | $358,796,729 | 4 | August 23, 2022 |
| October 2023 | $400,217,914 | 4 | April 24, 2023 |
| October 2024 | $411,615,866 | 4 | April 24, 2024 |
| October 2025 | $536,301,530 | 7 | March 31, 2025 |
| October 2026 | $517,751,325 | 7 | March 27, 2026 |

Regulatory assets under management: $204,980,216 in the October 2021 data and $517,751,325 in the October 2026 data, up 153%.
Total employees: 4 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Seldon Capital LP (CRD 300755): Form ADV filing data as of October 2026.