# Sturgeon Ventures LLP

> Sturgeon Ventures LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 23, 2026.

- CRD: 167026
- Filed as: STURGEON VENTURES LLP
- Also doing business as: AXIOM EQUITY, CROW HOLDINGS SECURITIES (UK), KGAL UK, SULLIVAN CAPITAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167026
- AdvisorCensus page: https://advisorcensus.com/firm/sturgeon-ventures-llp-london-167026

## Quick answers

**How is Sturgeon Ventures LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Sturgeon Ventures LLP reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sturgeon Ventures LLP located?**
Sturgeon Ventures LLP's principal office is in London, United Kingdom, according to its Form ADV.

**Is Sturgeon Ventures LLP registered with the SEC or a state?**
Sturgeon Ventures LLP is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 167026.

**How much does Sturgeon Ventures LLP manage?**
Sturgeon Ventures LLP reports $402,333,293 in regulatory assets under management in its Form ADV filing dated June 23, 2026 (100% discretionary).

**How have Sturgeon Ventures LLP's assets and staff changed since 2021?**
In the Form ADV data for Sturgeon Ventures LLP: Regulatory assets under management: $563,739,152 in the October 2021 data and $402,333,293 in the October 2026 data, down 29%. Total employees: 9 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sturgeon Ventures LLP serve?**
By number of clients on Form ADV Item 5.D: other (23); pooled investment vehicles (other than investment companies and business development companies) (20).

**Does Sturgeon Ventures LLP 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/167026

**What changed in Sturgeon Ventures LLP's recent Form ADV filings?**
In the July 2026 filing data: No longer lists the business name Propcure. No longer lists the business name London Tyne. No longer lists the business name Conforth Ventures. No longer lists the business name Capitalknight. Regulatory assets under management went from $321,110,306 to $402,333,293 (+25%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $402,333,293
- Discretionary: $402,333,293
- 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) | 20 | $328,311,688 |
| 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 | 23 | $74,021,605 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Other

### Firm details
- Registered since: 2013 (13 years)
- Employees: 12 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $563,739,152 | 9 | July 5, 2021 |
| October 2022 | $529,287,170 | 9 | June 29, 2022 |
| October 2023 | $318,745,069 | 12 | August 1, 2023 |
| October 2024 | $298,987,911 | 12 | June 28, 2024 |
| October 2025 | $321,110,306 | 12 | June 25, 2025 |
| October 2026 | $402,333,293 | 12 | June 23, 2026 |

Regulatory assets under management: $563,739,152 in the October 2021 data and $402,333,293 in the October 2026 data, down 29%.
Total employees: 9 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- No longer lists the business name Propcure.
- No longer lists the business name London Tyne.
- No longer lists the business name Conforth Ventures.
- No longer lists the business name Capitalknight.
- Regulatory assets under management went from $321,110,306 to $402,333,293 (+25%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sturgeon Ventures LLP (CRD 167026): Form ADV filing data as of October 2026.