# Value Aligned Research Advisors, LLC

> Value Aligned Research Advisors, LLC is an SEC-registered investment advisory firm in Princeton, NJ, registered since 2022, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.

- CRD: 319135
- Filed as: VALUE ALIGNED RESEARCH ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Princeton, NJ
- Filing period: October 2026
- Form ADV filing dated: September 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319135
- AdvisorCensus page: https://advisorcensus.com/firm/value-aligned-research-advisors-llc-princeton-nj-319135

## Quick answers

**How is Value Aligned Research Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Value Aligned Research Advisors, 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 Value Aligned Research Advisors, LLC located?**
Value Aligned Research Advisors, LLC's principal office is in Princeton, NJ, according to its Form ADV.

**Is Value Aligned Research Advisors, LLC registered with the SEC or a state?**
Value Aligned Research Advisors, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319135.

**How much does Value Aligned Research Advisors, LLC manage?**
Value Aligned Research Advisors, LLC reports $9,139,631,624 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).

**How have Value Aligned Research Advisors, LLC's assets and staff changed since 2022?**
In the Form ADV data for Value Aligned Research Advisors, LLC: Regulatory assets under management: $244,010,000 in the October 2022 data and $9,139,631,624 in the October 2026 data, up 3646%. Total employees: 2 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Value Aligned Research Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); charitable organizations (2).

**Which custodians does Value Aligned Research Advisors, LLC use?**
Value Aligned Research Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank NA and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Value Aligned Research Advisors, 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/319135

**What changed in Value Aligned Research Advisors, LLC's recent Form ADV filings?**
In the October 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))
- Citibank NA
- Fidelity Brokerage Services 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: $9,139,631,624
- Discretionary: $9,139,631,624
- 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) | 2 | $5,189,964,815 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $3,949,666,809 |
| 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 |

### Advisory services (Item 5.G)
- 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: 2022 (4 years)
- Employees: 9 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @ben-hoskin-cfa-024b9021

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $244,010,000 | 2 | August 11, 2022 |
| October 2023 | $220,793,421 | 2 | June 20, 2023 |
| October 2024 | $395,868,567 | 4 | July 8, 2024 |
| October 2025 | $542,161,194 | 6 | March 19, 2025 |
| October 2026 | $9,139,631,624 | 9 | September 22, 2026 |

Regulatory assets under management: $244,010,000 in the October 2022 data and $9,139,631,624 in the October 2026 data, up 3646%.
Total employees: 2 in October 2022 and 9 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 4 to 6.
- Regulatory assets under management went from $542,161,194 to $9,139,631,624 (+1586%).
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Value Aligned Research Advisors, LLC (CRD 319135): Form ADV filing data as of October 2026.