# Shima Capital Management LLC

> Shima Capital Management LLC is an SEC-registered investment advisory firm in Irvine, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 28, 2025.

- CRD: 320929
- Filed as: SHIMA CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Irvine, CA
- Filing period: October 2026
- Form ADV filing dated: March 28, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/320929
- AdvisorCensus page: https://advisorcensus.com/firm/shima-capital-management-llc-irvine-ca-320929

## Quick answers

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

**Where is Shima Capital Management LLC located?**
Shima Capital Management LLC's principal office is in Irvine, CA, according to its Form ADV.

**Is Shima Capital Management LLC registered with the SEC or a state?**
Shima Capital Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 320929.

**How much does Shima Capital Management LLC manage?**
Shima Capital Management LLC reports $164,638,011 in regulatory assets under management in its Form ADV filing dated March 28, 2025 (100% discretionary).

**How have Shima Capital Management LLC's assets and staff changed since 2022?**
In the Form ADV data for Shima Capital Management LLC: Regulatory assets under management: $190,852,972 in the October 2022 data and $164,638,011 in the October 2026 data, down 14%. Total employees: 8 in October 2022 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Shima 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) (3).

**Does Shima 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/320929

**What changed in Shima Capital Management LLC's recent Form ADV filings?**
In the January 2026 filing data: No longer registered or notice-filed in PR.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $164,638,011
- Discretionary: $164,638,011
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $164,638,011 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 11 total, 6 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)
- shima.capital
- LinkedIn @shima-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $190,852,972 | 8 | August 29, 2022 |
| October 2023 | $228,400,909 | 12 | May 2, 2023 |
| October 2024 | $158,640,009 | 13 | April 19, 2024 |
| October 2025 | $164,638,011 | 11 | March 28, 2025 |
| October 2026 | $164,638,011 | 11 | March 28, 2025 |

Regulatory assets under management: $190,852,972 in the October 2022 data and $164,638,011 in the October 2026 data, down 14%.
Total employees: 8 in October 2022 and 11 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- No longer registered or notice-filed in PR.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Shima Capital Management LLC (CRD 320929): Form ADV filing data as of October 2026.