# VWH Capital Management, LP

> VWH Capital Management, LP is an SEC-registered investment advisory firm in Dallas, TX, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 289128
- Filed as: VWH CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289128
- AdvisorCensus page: https://advisorcensus.com/firm/vwh-capital-management-lp-dallas-tx-289128

## Quick answers

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

**Where is VWH Capital Management, LP located?**
VWH Capital Management, LP's principal office is in Dallas, TX, according to its Form ADV.

**Is VWH Capital Management, LP registered with the SEC or a state?**
VWH Capital Management, LP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289128.

**How much does VWH Capital Management, LP manage?**
VWH Capital Management, LP reports $3,324,646,353 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have VWH Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for VWH Capital Management, LP: Regulatory assets under management: $1,492,200,460 in the October 2021 data and $3,324,646,353 in the October 2026 data, up 123%. Total employees: 15 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does VWH Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11).

**Does VWH Capital 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/289128

**What changed in VWH Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 19 to 17. Regulatory assets under management went from $3,727,060,788 to $3,324,646,353 (-11%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $3,324,646,353
- Discretionary: $3,324,646,353
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $3,324,646,353 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 28 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- vwhcapital.com
- LinkedIn @vwh-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,492,200,460 | 15 | March 31, 2021 |
| October 2022 | $3,699,166,347 | 20 | March 31, 2022 |
| October 2023 | $4,200,099,523 | 20 | March 31, 2023 |
| October 2024 | $4,048,173,163 | 20 | March 28, 2024 |
| October 2025 | $3,727,060,788 | 27 | June 6, 2025 |
| October 2026 | $3,324,646,353 | 28 | March 31, 2026 |

Regulatory assets under management: $1,492,200,460 in the October 2021 data and $3,324,646,353 in the October 2026 data, up 123%.
Total employees: 15 in October 2021 and 28 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 19 to 17.
- Regulatory assets under management went from $3,727,060,788 to $3,324,646,353 (-11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. VWH Capital Management, LP (CRD 289128): Form ADV filing data as of October 2026.