# Stellex Capital

> Stellex Capital is an SEC-registered investment advisory firm in New York, NY, registered since 2015, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 174278
- Filed as: STELLEX CAPITAL
- Legal name: Stellex Capital Management LLC
- 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/174278
- AdvisorCensus page: https://advisorcensus.com/firm/stellex-capital-new-york-ny-174278

## Quick answers

**How is Stellex Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Stellex Capital 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 Stellex Capital located?**
Stellex Capital's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Stellex Capital registered with the SEC or a state?**
Stellex Capital is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174278.

**How much does Stellex Capital manage?**
Stellex Capital reports $6,914,315,194 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Stellex Capital's assets and staff changed since 2021?**
In the Form ADV data for Stellex Capital: Regulatory assets under management: $2,732,778,668 in the October 2021 data and $6,914,315,194 in the October 2026 data, up 153%. Total employees: 29 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stellex Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (20).

**Does Stellex Capital 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/174278

**What changed in Stellex Capital's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 33 to 36. Regulatory assets under management went from $4,976,925,987 to $6,914,315,194 (+39%).

## 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: $6,914,315,194
- Discretionary: $6,914,315,194
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 20 | $6,914,315,194 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 45 total, 36 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MI, NY, PA
- 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
- Ann Arbor, MI
- London
- Pittsburgh, PA

### Websites listed on Form ADV (Item 1.I)
- stellexcapital.com
- stellexcapitalmanagement.com
- LinkedIn @STELLEX-CAPITAL-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,732,778,668 | 29 | August 30, 2021 |
| October 2022 | $2,865,835,909 | 34 | March 31, 2022 |
| October 2023 | $3,183,747,765 | 39 | March 30, 2023 |
| October 2024 | $3,229,703,870 | 41 | August 14, 2024 |
| October 2025 | $4,976,925,987 | 46 | March 31, 2025 |
| October 2026 | $6,914,315,194 | 45 | March 31, 2026 |

Regulatory assets under management: $2,732,778,668 in the October 2021 data and $6,914,315,194 in the October 2026 data, up 153%.
Total employees: 29 in October 2021 and 45 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 33 to 36.
- Regulatory assets under management went from $4,976,925,987 to $6,914,315,194 (+39%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stellex Capital (CRD 174278): Form ADV filing data as of October 2026.