{ "crd_number": 161202, "slug": "stevens-capital-management-lp-radnor-pa-161202", "primary_business_name": "STEVENS CAPITAL MANAGEMENT LP", "legal_name": "STEVENS CAPITAL MANAGEMENT LP", "dbas": [], "city": "Radnor", "state": "PA", "country": "United States", "cbsa_code": "37980", "metro": { "cbsa_code": "37980", "common_name": "Philadelphia", "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD", "path": "/advisors/pa/philadelphia" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-30", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-03-23", "carried_forward": false, "raum_total": 3678695877.0, "raum_discretionary": 3678695877.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 65, "advisory_employees": 26, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3678695877.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://linkedin.com/COMPANY/STEVENS-CAPITAL-MANAGEMENT", "https://scm-lp.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/161202", "city_as_filed": "RADNOR", "url": "https://advisorcensus.com/firm/stevens-capital-management-lp-radnor-pa-161202", "display_name": "Stevens Capital Management LP", "summary": "Stevens Capital Management LP is an SEC-registered investment advisory firm in Radnor, PA, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.", "citation": "AdvisorCensus. Stevens Capital Management LP (CRD 161202): 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" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Stevens Capital Management LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Stevens Capital Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "What does Stevens Capital Management LP's brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 2.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Stevens Capital Management LP located?", "a": "Stevens Capital Management LP's principal office is in Radnor, PA, according to its Form ADV." }, { "q": "Is Stevens Capital Management LP registered with the SEC or a state?", "a": "Stevens Capital Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161202." }, { "q": "How much does Stevens Capital Management LP manage?", "a": "Stevens Capital Management LP reports $3,678,695,877 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary)." }, { "q": "How have Stevens Capital Management LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Stevens Capital Management LP: Regulatory assets under management: $2,495,807,221 in the October 2021 data and $3,678,695,877 in the October 2026 data, up 47%. Total employees: 61 in October 2021 and 65 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Stevens Capital Management LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)." }, { "q": "Does Stevens Capital Management LP 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/161202" }, { "q": "Does Stevens Capital Management LP state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"The minimum initial subscription is U.S. $1,000,000.00, which may be waived in the discretion of the Board of Directors of TIF, HFL or TFF, or by Adams, as General Partner of TFFLP, as applicable.\"" }, { "q": "What changed in Stevens Capital Management LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $3,047,496,259 to $3,678,695,877 (+21%). No longer lists an office in Jersey City, NJ." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2495807221.0, "total_employees": 61, "filing_date": "2021-07-28" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3311455246.0, "total_employees": 57, "filing_date": "2022-03-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3167765627.0, "total_employees": 59, "filing_date": "2023-03-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3223398154.0, "total_employees": 64, "filing_date": "2024-03-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3047496259.0, "total_employees": 63, "filing_date": "2025-03-17" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3678695877.0, "total_employees": 65, "filing_date": "2026-03-23" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $3,047,496,259 to $3,678,695,877 (+21%).", "No longer lists an office in Jersey City, NJ." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 23, 2026", "tiers": [], "flat_rate": "2.5% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$1,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2.5% of assets a year" ], "quotes": [ "SCM receives a management fee (the “Management Fee”) equal to the annualized rate of 2.5% of the net asset value (“NAV”) of each shareholders’ shares in the pertinent Fund as of the beginning of each month, deducted monthly in arrears at the end of each month." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum initial subscription is U.S. $1,000,000.00, which may be waived in the discretion of the Board of Directors of TIF, HFL or TFF, or by Adams, as General Partner of TFFLP, as applicable." ] } ], "quotes": [ "SCM receives a management fee (the “Management Fee”) equal to the annualized rate of 2.5% of the net asset value (“NAV”) of each shareholders’ shares in the pertinent Fund as of the beginning of each month, deducted monthly in arrears at the end of each month.", "The minimum initial subscription is U.S. $1,000,000.00, which may be waived in the discretion of the Board of Directors of TIF, HFL or TFF, or by Adams, as General Partner of TFFLP, as applicable." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/stevens-capital-management-lp-radnor-pa-161202.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 3678695877.0 } ], "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/161202", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }