{
  "crd_number": 157373,
  "slug": "sequoia-capital-operations-llc-menlo-park-ca-157373",
  "primary_business_name": "SEQUOIA CAPITAL OPERATIONS, LLC",
  "legal_name": "SEQUOIA CAPITAL OPERATIONS, LLC",
  "dbas": [],
  "city": "Menlo Park",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-01-03",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-07-17",
  "carried_forward": false,
  "raum_total": 82165771068.0,
  "raum_discretionary": 82165771068.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 168,
  "advisory_employees": 32,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 82165771068.0,
      "count": 60
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://cruciblemoments.com",
    "https://facebook.com/SEQUOIACAP",
    "https://instagram.com/SEQUOIACAPITAL",
    "https://linkedin.com/COMPANY/SEQUOIA",
    "https://sequoia.medium.com",
    "https://sequoiacap.com",
    "https://x.com/SEQUOIA",
    "https://youtube.com/@sequoiacapital"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157373",
  "city_as_filed": "MENLO PARK",
  "url": "https://advisorcensus.com/firm/sequoia-capital-operations-llc-menlo-park-ca-157373",
  "display_name": "Sequoia Capital Operations, LLC",
  "summary": "Sequoia Capital Operations, LLC is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2022, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 17, 2026.",
  "citation": "AdvisorCensus. Sequoia Capital Operations, LLC (CRD 157373): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Sequoia Capital Operations, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sequoia Capital Operations, LLC reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Sequoia Capital Operations, LLC located?",
      "a": "Sequoia Capital Operations, LLC's principal office is in Menlo Park, CA, according to its Form ADV."
    },
    {
      "q": "Is Sequoia Capital Operations, LLC registered with the SEC or a state?",
      "a": "Sequoia Capital Operations, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 157373."
    },
    {
      "q": "How much does Sequoia Capital Operations, LLC manage?",
      "a": "Sequoia Capital Operations, LLC reports $82,165,771,068 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sequoia Capital Operations, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sequoia Capital Operations, LLC: Regulatory assets under management: $85,513,709,596 in the October 2022 data and $82,165,771,068 in the October 2026 data, down 4%. Total employees: 169 in October 2022 and 168 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sequoia Capital Operations, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (60)."
    },
    {
      "q": "Does Sequoia Capital Operations, LLC report any disciplinary disclosures?",
      "a": "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/157373"
    },
    {
      "q": "What changed in Sequoia Capital Operations, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-06-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 85513709596.0,
      "total_employees": 169,
      "filing_date": "2022-06-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 55575086636.0,
      "total_employees": 202,
      "filing_date": "2023-08-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 56310737031.0,
      "total_employees": 202,
      "filing_date": "2024-04-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 60451155154.0,
      "total_employees": 181,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 82165771068.0,
      "total_employees": 168,
      "filing_date": "2026-07-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 31 to 32.",
        "Regulatory assets under management went from $60,451,155,154 to $82,165,771,068 (+36%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/sequoia-capital-operations-llc-menlo-park-ca-157373.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 60,
      "fewer_than_5": false,
      "raum": 82165771068.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/157373",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}