# Steadfast Capital Management LP

> Steadfast Capital Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 157124
- Filed as: STEADFAST CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157124
- AdvisorCensus page: https://advisorcensus.com/firm/steadfast-capital-management-lp-new-york-ny-157124

## Quick answers

**How is Steadfast Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Steadfast Capital Management LP reports these compensation arrangements: a percentage of assets under its management; other.

**Where is Steadfast Capital Management LP located?**
Steadfast Capital Management LP's principal office is in New York, NY, according to its Form ADV.

**Is Steadfast Capital Management LP registered with the SEC or a state?**
Steadfast Capital Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157124.

**How much does Steadfast Capital Management LP manage?**
Steadfast Capital Management LP reports $10,360,800,715 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Steadfast Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for Steadfast Capital Management LP: Regulatory assets under management: $14,548,941,791 in the October 2021 data and $10,360,800,715 in the October 2026 data, down 29%. Total employees: 51 in October 2021 and 43 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Steadfast Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Steadfast Capital Management LP report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157124

**Does Steadfast Capital Management LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum investment is generally $1,000,000 with respect to the Funds. However, Steadfast may, to the extent permitted under applicable law, reduce any of these minimum investments at its discretion."

**What changed in Steadfast Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Its Item 11 disclosure answers changed. Employees performing advisory functions went from 19 to 25. Regulatory assets under management went from $8,522,494,093 to $10,360,800,715 (+22%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum investment is generally $1,000,000 with respect to the Funds. However, Steadfast may, to the extent permitted under applicable law, reduce any of these minimum investments at its discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $10,360,800,715
- Discretionary: $10,360,800,715
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $10,360,800,715 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | Not reported | $0 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 43 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157124

### Websites listed on Form ADV (Item 1.I)
- steadfast.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $14,548,941,791 | 51 | March 31, 2021 |
| October 2022 | $11,133,726,933 | 49 | March 31, 2022 |
| October 2023 | $8,770,200,670 | 37 | March 31, 2023 |
| October 2024 | $7,215,624,352 | 34 | March 29, 2024 |
| October 2025 | $8,522,494,093 | 36 | May 19, 2025 |
| October 2026 | $10,360,800,715 | 43 | March 31, 2026 |

Regulatory assets under management: $14,548,941,791 in the October 2021 data and $10,360,800,715 in the October 2026 data, down 29%.
Total employees: 51 in October 2021 and 43 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Its Item 11 disclosure answers changed.
- Employees performing advisory functions went from 19 to 25.
- Regulatory assets under management went from $8,522,494,093 to $10,360,800,715 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Steadfast Capital Management LP (CRD 157124): Form ADV filing data as of October 2026.