# Totem Macro Asset Management LP

> Totem Macro Asset Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 328044
- Filed as: TOTEM MACRO ASSET MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328044
- AdvisorCensus page: https://advisorcensus.com/firm/totem-macro-asset-management-lp-new-york-ny-328044

## Quick answers

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

**How much does Totem Macro Asset Management LP charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Totem Macro Asset Management LP located?**
Totem Macro Asset Management LP's principal office is in New York, NY, according to its Form ADV.

**Is Totem Macro Asset Management LP registered with the SEC or a state?**
Totem Macro Asset Management LP is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328044.

**How much does Totem Macro Asset Management LP manage?**
Totem Macro Asset Management LP reports $166,639,808 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Totem Macro Asset Management LP's assets and staff changed since 2024?**
In the Form ADV data for Totem Macro Asset Management LP: Regulatory assets under management: $29,900,000 in the October 2024 data and $166,639,808 in the October 2026 data, up 457%. Total employees: 7 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Totem Macro Asset Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Totem Macro Asset Management LP 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/328044

**What changed in Totem Macro Asset Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $142,056,889 to $166,639,808 (+17%).

## 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 27, 2026)

- Asset-based fee: 1% to 2% a year (a range, as the brochure states it)

> Totem Macro is paid an investment management fee (“Management Fee”) per annum of the net asset value of the Funds. The Fee will range from 1% to 2%.

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

### Regulatory assets under management (Item 5.F)
- Total: $166,639,808
- Discretionary: $166,639,808
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $166,639,808 |

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

### Firm details
- Registered since: 2023 (2 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $29,900,000 | 7 | March 14, 2024 |
| October 2025 | $142,056,889 | 6 | May 2, 2025 |
| October 2026 | $166,639,808 | 7 | March 27, 2026 |

Regulatory assets under management: $29,900,000 in the October 2024 data and $166,639,808 in the October 2026 data, up 457%.
Total employees: 7 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $142,056,889 to $166,639,808 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Totem Macro Asset Management LP (CRD 328044): Form ADV filing data as of October 2026.