# Sequoia Capital Operations, LLC

> 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.

- CRD: 157373
- Filed as: SEQUOIA CAPITAL OPERATIONS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157373
- AdvisorCensus page: https://advisorcensus.com/firm/sequoia-capital-operations-llc-menlo-park-ca-157373

## Quick answers

**How is Sequoia Capital Operations, LLC compensated?**
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.

**Where is Sequoia Capital Operations, LLC located?**
Sequoia Capital Operations, LLC's principal office is in Menlo Park, CA, according to its Form ADV.

**Is Sequoia Capital Operations, LLC registered with the SEC or a state?**
Sequoia Capital Operations, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 157373.

**How much does Sequoia Capital Operations, LLC manage?**
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).

**How have Sequoia Capital Operations, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Sequoia Capital Operations, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (60).

**Does Sequoia Capital Operations, 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/157373

**What changed in Sequoia Capital Operations, LLC's recent Form ADV filings?**
In the August 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
- Other

### Regulatory assets under management (Item 5.F)
- Total: $82,165,771,068
- Discretionary: $82,165,771,068
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 60 | $82,165,771,068 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 168 total, 32 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)
- cruciblemoments.com
- sequoia.medium.com
- sequoiacap.com
- Facebook @SEQUOIACAP
- Instagram @SEQUOIACAPITAL
- LinkedIn @SEQUOIA
- X @SEQUOIA
- YouTube @sequoiacapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | June 29, 2021 |
| October 2022 | $85,513,709,596 | 169 | June 30, 2022 |
| October 2023 | $55,575,086,636 | 202 | August 7, 2023 |
| October 2024 | $56,310,737,031 | 202 | April 16, 2024 |
| October 2025 | $60,451,155,154 | 181 | March 31, 2025 |
| October 2026 | $82,165,771,068 | 168 | July 17, 2026 |

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.

## Changes in the filing (last 12 months)

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

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sequoia Capital Operations, LLC (CRD 157373): Form ADV filing data as of October 2026.