# SG Capital Management LLC

> SG Capital Management LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 134471
- Filed as: SG CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134471
- AdvisorCensus page: https://advisorcensus.com/firm/sg-capital-management-llc-chicago-il-134471

## Quick answers

**How is SG Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), SG Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is SG Capital Management LLC located?**
SG Capital Management LLC's principal office is in Chicago, IL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is SG Capital Management LLC registered with the SEC or a state?**
SG Capital Management LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 134471.

**How much does SG Capital Management LLC manage?**
SG Capital Management LLC reports $1,377,302,388 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**How have SG Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for SG Capital Management LLC: Regulatory assets under management: $352,700,000 in the October 2021 data and $1,377,302,388 in the October 2026 data, up 291%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does SG Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13); sovereign wealth funds and foreign official institutions (10).

**Which custodians does SG Capital Management LLC use?**
SG Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does SG Capital Management 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/134471

**What changed in SG Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 6. Regulatory assets under management went from $957,435,616 to $1,377,302,388 (+44%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley & Co. LLC
- Pershing 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: $1,377,302,388
- Discretionary: $1,377,302,388
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $1,280,167,702 |
| Sovereign wealth funds and foreign official institutions | 10 | $47,970,374 |
| Corporations or other businesses not listed above | Fewer than 5 | $49,164,312 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2005 (21 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Jackson, WY

### Websites listed on Form ADV (Item 1.I)
- sgcapitalmgt.com
- LinkedIn @80713265

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $352,700,000 | 10 | March 18, 2021 |
| October 2022 | $356,500,000 | 8 | February 15, 2022 |
| October 2023 | $322,700,000 | 7 | February 24, 2023 |
| October 2024 | $436,300,000 | 8 | March 7, 2024 |
| October 2025 | $957,435,616 | 11 | May 13, 2025 |
| October 2026 | $1,377,302,388 | 10 | March 12, 2026 |

Regulatory assets under management: $352,700,000 in the October 2021 data and $1,377,302,388 in the October 2026 data, up 291%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 6.
- Regulatory assets under management went from $957,435,616 to $1,377,302,388 (+44%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SG Capital Management LLC (CRD 134471): Form ADV filing data as of October 2026.