# Summit Partners Public Asset Management, LLC

> Summit Partners Public Asset Management, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 20, 2026.

- CRD: 175100
- Filed as: SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC
- Also doing business as: SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, SUMMIT PARTNERS PUBLIC EQUITY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: August 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175100
- AdvisorCensus page: https://advisorcensus.com/firm/summit-partners-public-asset-management-llc-boston-ma-175100

## Quick answers

**How is Summit Partners Public Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Summit Partners Public Asset Management, LLC 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 Summit Partners Public Asset Management, LLC located?**
Summit Partners Public Asset Management, LLC's principal office is in Boston, MA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Summit Partners Public Asset Management, LLC registered with the SEC or a state?**
Summit Partners Public Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 175100.

**How much does Summit Partners Public Asset Management, LLC manage?**
Summit Partners Public Asset Management, LLC reports $4,617,406,031 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (100% discretionary).

**How have Summit Partners Public Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Summit Partners Public Asset Management, LLC: Regulatory assets under management: $2,747,263,988 in the October 2021 data and $4,617,406,031 in the October 2026 data, up 68%. Total employees: 19 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Summit Partners Public Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12); investment companies (1).

**Which custodians does Summit Partners Public Asset Management, LLC use?**
Summit Partners Public Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc. and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets.

**Does Summit Partners Public Asset Management, 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/175100

**What changed in Summit Partners Public Asset Management, LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- BofA Securities, Inc.
- Morgan Stanley & Co. LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $4,617,406,031
- Discretionary: $4,617,406,031
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $163,300,039 |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $3,745,884,760 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $708,221,232 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2015 (11 years)
- Employees: 22 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Menlo Park, CA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,747,263,988 | 19 | July 16, 2021 |
| October 2022 | $3,411,041,550 | 22 | March 28, 2022 |
| October 2023 | $2,675,893,159 | 22 | March 24, 2023 |
| October 2024 | $2,687,544,014 | 23 | March 26, 2024 |
| October 2025 | $3,866,700,025 | 22 | March 27, 2025 |
| October 2026 | $4,617,406,031 | 22 | August 20, 2026 |

Regulatory assets under management: $2,747,263,988 in the October 2021 data and $4,617,406,031 in the October 2026 data, up 68%.
Total employees: 19 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 16 to 17.
- Regulatory assets under management went from $3,866,700,025 to $4,617,406,031 (+19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Summit Partners Public Asset Management, LLC (CRD 175100): Form ADV filing data as of October 2026.