Asset manager · Chicago, IL
Port Capital LLC
SEC-registered investment adviser · CRD 206517 · SEC 801-96218
At a glance
Port Capital LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $2.9 billion in regulatory assets under management as of its Form ADV filed February 19, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 424 individual clients. By Form ADV it is a asset manager, ranked 903rd of 3,218 asset managers and 2,918th of 17,210 SEC-registered advisers by assets.
Main office 312-788-2400portcapllc.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.9B
- Rank among asset managers
- #903 of 3,218
- Rank among all SEC RIAs
- #2,918 of 17,210
- Rank in Illinois
- #151 of 684
- Individual clients
- 424
- High-net-worth clients
- 424
- Accounts
- 483
- Discretionary
- 95% of AUM
- Employees
- 13
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Brien M. ObrienChairman & CEO
- Tracy E. RothmeyerChief Compliance Officer, Chief Operating Officer
- Edward S. LoebPartner
- Charles E NealAssociate Portfolio Mananger, Senior Research Analyst
- Jonathan D MeyersCFO
- Sean P McBrideResearch Analyst
- Brian E CalabreseVice President - Operations
- Michael J LaramieHead Trader
- Kimberly A PhelanVice President - Marketing & Communications
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 5 | $1.3B | 47% |
| High-net-worth individuals | 424 | $984M | 34% |
| Corporations or other businesses | 22 | $341M | 12% |
| Pension and profit sharing plans | 15 | $103M | 4% |
| Charitable organizations | 16 | $98M | 3% |
Private funds
Port Capital LLC reports 5 private funds with $1.3B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Port Capital LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗portcapllc.com ↗
AtlasMembers
The full record on Port Capital LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 836 peers of its type and size
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- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Port Capital LLC manage?
Port Capital LLC reports $2.9 billion in regulatory assets under management across 483 accounts, 95% of it on a discretionary basis, on its Form ADV filed February 19, 2026.
What kind of firm is Port Capital LLC?
Port Capital LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Port Capital LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($1.3 billion, 5 clients); high-net-worth individuals ($984 million, 424 clients); corporations or other businesses ($341 million, 22 clients).
Does Port Capital LLC manage private funds?
Yes. It reports 5 private funds with $1.3 billion in gross assets, including hedge funds.
Does Port Capital LLC have any disciplinary history?
Port Capital LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Port Capital LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-19), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →