# Southeastern Asset Management Inc.

> Southeastern Asset Management Inc. is an SEC-registered investment advisory firm in Memphis, TN, registered since 1975, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 105276
- Filed as: SOUTHEASTERN ASSET MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Memphis, TN
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105276
- AdvisorCensus page: https://advisorcensus.com/firm/southeastern-asset-management-inc-memphis-tn-105276

## Quick answers

**How is Southeastern Asset Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Southeastern Asset Management Inc. 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 Southeastern Asset Management Inc. located?**
Southeastern Asset Management Inc.'s principal office is in Memphis, TN, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Southeastern Asset Management Inc. registered with the SEC or a state?**
Southeastern Asset Management Inc. is an SEC-registered investment advisory firm, registered since 1975. Status as filed: Approved. CRD 105276.

**How much does Southeastern Asset Management Inc. manage?**
Southeastern Asset Management Inc. reports $3,703,724,946 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Southeastern Asset Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Southeastern Asset Management Inc.: Regulatory assets under management: $10,470,996,723 in the October 2021 data and $3,703,724,946 in the October 2026 data, down 65%. Total employees: 61 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Southeastern Asset Management Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (7); individuals (other than high net worth individuals) (5); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Southeastern Asset Management Inc. use?**
Southeastern Asset Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust as a custodian holding 10% or more of its separately managed account assets.

**Does Southeastern Asset Management Inc. 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/105276

**What changed in Southeastern Asset Management Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 14. Regulatory assets under management went from $4,327,763,955 to $3,703,724,946 (-14%). Added an office in Singapore City. No longer lists an office in Greenwich, CT.

## 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))
- Northern Trust

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: $3,703,724,946
- Discretionary: $3,703,724,946
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $78,838,778 |
| High net worth individuals | 7 | $156,258,581 |
| Investment companies | 3 | $2,623,312,222 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $36,377,849 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $741,637,730 |
| Charitable organizations | 2 | $5,777,858 |
| Corporations or other businesses not listed above | 1 | $52,764,029 |
| Other | 1 | $8,757,899 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- 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: 1975 (50 years)
- Employees: 29 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, CA, CT, FL, GA, MO, NE, TN, TX, WI
- 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
- Singapore City

### Websites listed on Form ADV (Item 1.I)
- southeasternasset.com
- LinkedIn @southeastern-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $10,470,996,723 | 61 | April 30, 2021 |
| October 2022 | $11,059,463,391 | 51 | March 30, 2022 |
| October 2023 | $5,479,257,682 | 37 | March 30, 2023 |
| October 2024 | $5,271,901,660 | 25 | June 7, 2024 |
| October 2025 | $4,327,763,955 | 31 | March 28, 2025 |
| October 2026 | $3,703,724,946 | 29 | March 27, 2026 |

Regulatory assets under management: $10,470,996,723 in the October 2021 data and $3,703,724,946 in the October 2026 data, down 65%.
Total employees: 61 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 14.
- Regulatory assets under management went from $4,327,763,955 to $3,703,724,946 (-14%).
- Added an office in Singapore City.
- No longer lists an office in Greenwich, CT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Southeastern Asset Management Inc. (CRD 105276): Form ADV filing data as of October 2026.