# Weathergage Capital, LLC

> Weathergage Capital, LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 156612
- Filed as: WEATHERGAGE CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156612
- AdvisorCensus page: https://advisorcensus.com/firm/weathergage-capital-llc-austin-tx-156612

## Quick answers

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

**Where is Weathergage Capital, LLC located?**
Weathergage Capital, LLC's principal office is in Austin, TX, according to its Form ADV.

**Is Weathergage Capital, LLC registered with the SEC or a state?**
Weathergage Capital, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156612.

**How much does Weathergage Capital, LLC manage?**
Weathergage Capital, LLC reports $1,362,954,590 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (75% discretionary).

**How have Weathergage Capital, LLC's assets and staff changed since 2021?**
In the Form ADV data for Weathergage Capital, LLC: Regulatory assets under management: $1,321,432,928 in the October 2021 data and $1,362,954,590 in the October 2026 data, up 3%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Weathergage Capital, 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/156612

## 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: $1,362,954,590
- Discretionary: $1,015,686,646
- Non-discretionary: $347,267,944

### 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) | 11 | $1,362,954,590 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 |
| Other | 0 | $0 |

### 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: 2011 (14 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- weathergagecapital.com
- LinkedIn @1298047

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,321,432,928 | 4 | March 4, 2021 |
| October 2022 | $2,029,597,002 | 4 | March 4, 2022 |
| October 2023 | $1,655,978,636 | 4 | March 6, 2023 |
| October 2024 | $1,423,236,466 | 4 | March 12, 2024 |
| October 2025 | $1,306,676,748 | 4 | March 12, 2025 |
| October 2026 | $1,362,954,590 | 4 | March 17, 2026 |

Regulatory assets under management: $1,321,432,928 in the October 2021 data and $1,362,954,590 in the October 2026 data, up 3%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Weathergage Capital, LLC (CRD 156612): Form ADV filing data as of October 2026.