# Walleye Capital LLC

> Walleye Capital LLC is an SEC-registered investment advisory firm in Wayzata, MN, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.

- CRD: 161413
- Filed as: WALLEYE CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wayzata, MN
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161413
- AdvisorCensus page: https://advisorcensus.com/firm/walleye-capital-llc-wayzata-mn-161413

## Quick answers

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

**Where is Walleye Capital LLC located?**
Walleye Capital LLC's principal office is in Wayzata, MN, according to its Form ADV; the October 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is Walleye Capital LLC registered with the SEC or a state?**
Walleye Capital LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 161413.

**How much does Walleye Capital LLC manage?**
Walleye Capital LLC reports $52,105,036,839 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary).

**How have Walleye Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Walleye Capital LLC: Regulatory assets under management: $3,826,142,600 in the October 2021 data and $52,105,036,839 in the October 2026 data, up 1262%. Total employees: 108 in October 2021 and 380 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Walleye Capital LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does Walleye Capital LLC report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161413

**Does Walleye Capital LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "As a general matter, the minimum initial investment in Private Funds advised by WC is $1,000,000, which WC may waive in its discretion."

**What changed in Walleye Capital LLC's recent Form ADV filings?**
In the October 2026 filing data: Changed its office addresses in New York, NY. 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
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> As a general matter, the minimum initial investment in Private Funds advised by WC is $1,000,000, which WC may waive in its discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $52,105,036,839
- Discretionary: $52,105,036,839
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $52,105,036,839 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 380 total, 138 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161413

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA
- Chicago, IL
- Dubai
- London
- Miami, FL
- Middleton, MA
- New York, NY
- Stamford, CT

### Websites listed on Form ADV (Item 1.I)
- walleyecapital.com
- LinkedIn @walleyecapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,826,142,600 | 108 | March 31, 2021 |
| October 2022 | $7,582,198,039 | 182 | March 31, 2022 |
| October 2023 | $11,847,533,301 | 224 | August 16, 2023 |
| October 2024 | $31,696,623,992 | 335 | August 23, 2024 |
| October 2025 | $43,429,838,092 | 354 | June 25, 2025 |
| October 2026 | $52,105,036,839 | 380 | September 28, 2026 |

Regulatory assets under management: $3,826,142,600 in the October 2021 data and $52,105,036,839 in the October 2026 data, up 1262%.
Total employees: 108 in October 2021 and 380 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Changed its office addresses in New York, NY.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 147 to 138.
- Regulatory assets under management went from $43,429,838,092 to $52,105,036,839 (+20%).
- No longer lists an office in Austin, TX.
- Updated its list of owners and control persons (Schedule A).

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Walleye Capital LLC (CRD 161413): Form ADV filing data as of October 2026.