{
  "crd_number": 281266,
  "slug": "spyglass-capital-management-llc-greenbrae-ca-281266",
  "primary_business_name": "SPYGLASS CAPITAL MANAGEMENT, LLC",
  "legal_name": "SPYGLASS CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Greenbrae",
  "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": "2017-11-27",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 2017152259.0,
  "raum_discretionary": 2017152259.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 11,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 54549000.0,
      "count": null,
      "description": "ENDOWMENT",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 28604715.0,
      "count": 8
    },
    "investment_companies": {
      "raum": 1158588200.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 1520548.0,
      "count": null,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 19237357.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 329098925.0,
      "count": 54
    },
    "pooled_investment_vehicles": {
      "raum": 394148000.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 31405514.0,
      "count": 7
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "NY",
    "SD",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/spyglass-capital-management",
    "https://spyglassfunds.com",
    "https://spygx.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281266",
  "city_as_filed": "GREENBRAE",
  "url": "https://advisorcensus.com/firm/spyglass-capital-management-llc-greenbrae-ca-281266",
  "display_name": "Spyglass Capital Management, LLC",
  "summary": "Spyglass Capital Management, LLC is an SEC-registered investment advisory firm in Greenbrae, CA, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.",
  "citation": "AdvisorCensus. Spyglass Capital Management, LLC (CRD 281266): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Spyglass Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Spyglass Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Spyglass Capital Management, LLC located?",
      "a": "Spyglass Capital Management, LLC's principal office is in Greenbrae, CA, according to its Form ADV."
    },
    {
      "q": "Is Spyglass Capital Management, LLC registered with the SEC or a state?",
      "a": "Spyglass Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 281266."
    },
    {
      "q": "How much does Spyglass Capital Management, LLC manage?",
      "a": "Spyglass Capital Management, LLC reports $2,017,152,259 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (100% discretionary)."
    },
    {
      "q": "How have Spyglass Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Spyglass Capital Management, LLC: Regulatory assets under management: $3,308,907,850 in the October 2021 data and $2,017,152,259 in the October 2026 data, down 39%. Total employees: 9 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Spyglass Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (54); charitable organizations (8); corporations or other businesses not listed above (7)."
    },
    {
      "q": "Which custodians does Spyglass Capital Management, LLC use?",
      "a": "Spyglass Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Northern Trust Securities, Inc. and Royal Bank of Canada (Channel Islands) Limited as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Spyglass Capital Management, 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/281266"
    },
    {
      "q": "What changed in Spyglass Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $1,790,990,184 to $2,017,152,259 (+13%). Registered or notice-filed in FL, NY, SD, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3308907850.0,
      "total_employees": 9,
      "filing_date": "2021-03-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3816689320.0,
      "total_employees": 10,
      "filing_date": "2022-09-19"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1258397043.0,
      "total_employees": 10,
      "filing_date": "2023-03-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1403613651.0,
      "total_employees": 10,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1790990184.0,
      "total_employees": 10,
      "filing_date": "2025-05-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2017152259.0,
      "total_employees": 11,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 5.",
        "Regulatory assets under management went from $1,790,990,184 to $2,017,152,259 (+13%).",
        "Registered or notice-filed in FL, NY, SD, TX."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Northern Trust Securities, Inc.",
      "name_as_filed": "NORTHERN TRUST SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Royal Bank of Canada (Channel Islands) Limited",
      "name_as_filed": "ROYAL BANK OF CANADA (CHANNEL ISLANDS) LIMITED",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/spyglass-capital-management-llc-greenbrae-ca-281266.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 54,
      "fewer_than_5": false,
      "raum": 329098925.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1158588200.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 394148000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1520548.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 8,
      "fewer_than_5": false,
      "raum": 28604715.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 19237357.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 31405514.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 54549000.0
    }
  ],
  "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/281266",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}