# Yosemite Management, LLC

> Yosemite Management, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 326764
- Filed as: YOSEMITE MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/326764
- AdvisorCensus page: https://advisorcensus.com/firm/yosemite-management-llc-san-francisco-ca-326764

## Quick answers

**How is Yosemite Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Yosemite Management, 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 Yosemite Management, LLC located?**
Yosemite Management, LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Yosemite Management, LLC registered with the SEC or a state?**
Yosemite Management, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 326764.

**How much does Yosemite Management, LLC manage?**
Yosemite Management, LLC reports $1,135,655,536 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (46% discretionary).

**How have Yosemite Management, LLC's assets and staff changed since 2023?**
In the Form ADV data for Yosemite Management, LLC: Regulatory assets under management: $0 in the October 2023 data and $1,135,655,536 in the October 2026 data. Total employees: 10 in October 2023 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Yosemite Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); other (3).

**Does Yosemite Management, 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/326764

**What changed in Yosemite Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $866,384,820 to $1,135,655,536 (+31%). 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

### Regulatory assets under management (Item 5.F)
- Total: $1,135,655,536
- Discretionary: $523,423,668
- Non-discretionary: $612,231,868

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $523,423,668 |
| Other | 3 | $612,231,868 |

### 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: 2023 (3 years)
- Employees: 18 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- yosemite.co

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 10 | May 30, 2023 |
| October 2024 | $928,652,837 | 13 | May 8, 2024 |
| October 2025 | $866,384,820 | 16 | March 31, 2025 |
| October 2026 | $1,135,655,536 | 18 | March 31, 2026 |

Regulatory assets under management: $0 in the October 2023 data and $1,135,655,536 in the October 2026 data.
Total employees: 10 in October 2023 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $866,384,820 to $1,135,655,536 (+31%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Yosemite Management, LLC (CRD 326764): Form ADV filing data as of October 2026.