# Stripes, LLC

> Stripes, LLC 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 30, 2026.

- CRD: 157553
- Filed as: STRIPES, LLC
- Legal name: Stripes Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157553
- AdvisorCensus page: https://advisorcensus.com/firm/stripes-llc-new-york-ny-157553

## Quick answers

**How is Stripes, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Stripes, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does Stripes, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Stripes, LLC located?**
Stripes, LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Stripes, LLC registered with the SEC or a state?**
Stripes, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157553.

**How much does Stripes, LLC manage?**
Stripes, LLC reports $8,140,404,018 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Stripes, LLC's assets and staff changed since 2021?**
In the Form ADV data for Stripes, LLC: Regulatory assets under management: $4,481,619,858 in the October 2021 data and $8,140,404,018 in the October 2026 data, up 82%. Total employees: 35 in October 2021 and 51 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stripes, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27).

**Does Stripes, LLC 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/157553

**What changed in Stripes, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 47 to 51. Regulatory assets under management went from $6,867,317,399 to $8,140,404,018 (+19%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 2% of assets a year

> The amount of Management Fees payable by a Fund during its commitment period (i.e., the period of time during which the limited partners’ capital commitments may be drawn upon to make new investments) is approximately 2% per annum of the Fund’s aggregate capital commitments.

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

### Regulatory assets under management (Item 5.F)
- Total: $8,140,404,018
- Discretionary: $8,140,404,018
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $8,140,404,018 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 51 total, 51 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, NY
- 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
- Aspen, CO

### Websites listed on Form ADV (Item 1.I)
- stripes.co
- Instagram @stripesco_
- LinkedIn @STRIPESCO
- X @STRIPESCO_

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,481,619,858 | 35 | March 31, 2021 |
| October 2022 | $8,338,456,683 | 40 | March 31, 2022 |
| October 2023 | $7,560,196,983 | 50 | March 31, 2023 |
| October 2024 | $6,944,529,493 | 45 | March 29, 2024 |
| October 2025 | $6,867,317,399 | 47 | March 31, 2025 |
| October 2026 | $8,140,404,018 | 51 | March 30, 2026 |

Regulatory assets under management: $4,481,619,858 in the October 2021 data and $8,140,404,018 in the October 2026 data, up 82%.
Total employees: 35 in October 2021 and 51 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 47 to 51.
- Regulatory assets under management went from $6,867,317,399 to $8,140,404,018 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stripes, LLC (CRD 157553): Form ADV filing data as of October 2026.