Aristides Capital provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles. The firm advises 4 private funds.
Aristides Capital reports 5 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($541M across 5 accounts) are managed with discretion. Of its clients, 20% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 5 | $541M | 100.0% | $108M |
| Total | 5 | $541M | 100% | $108M |
- Clients
- 5
- Regulatory AUM
- $541M
- AUM share
- 100.0%
- Avg. per client
- $108M
Total
- Clients
- 5
- Regulatory AUM
- $541M
- AUM share
- 100%
- Avg. per client
- $108M
- Clients outside the U.S.
- 20%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 4
Aristides Capital is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Claire Brown owns 75% or more of Aristides Capital. The leadership team of Aristides Capital includes Chief Compliance Officer Kathryn Davis. It has 11 employees, 8 of them in advisory roles.
Staff
- 11 employees
- 8 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Aristides Capital LLC
Claire Brown
Control person · since March 2008
Aristides Capital’s regulatory assets grew 2.5× from $216M (April 2021) to $541M (May 2026); clients rose from 2 to 5 and employees from 5 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $541M | 5 | 11 | 2 |
| Mar 2025March 2025 | $473M | 5 | 9 | 2 |
| Mar 2024March 2024 | $378M | 3 | 8 | 2 |
| May 2023May 2023 | $300M | 2 | 6 | 2 |
| May 2022May 2022 | $306M | 2 | 6 | 2 |
| Apr 2021April 2021 | $216M | 2 | 5 | 2 |
Besides its headquarters, Aristides Capital has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Kentucky · 1 listed address
- 552 E Market St., Ste 200, LouisvilleHQ
Contact and registration details
- Legal name
- Aristides Capital LLC
- Headquarters
- 552 E Market St., Ste 200, Louisville, KY 40202
- Website
- aristidescapital.com
- Phone
- 502-694-8001
- SEC file
- 801-119110
- Structure
- Delaware LLC
- Fiscal year end
- December
Aristides Capital has custody of client assets.
Aristides Capital’s reported 13F holdings for the quarter ended 30 June 2026 total $514M across 162 positions; the largest are Invesco Qqq TR (7.3%), D-wave Quantum Inc. (put option) (5.5%) and State Str SPDR S&P 500 ETF T (5.1%).
How many clients does Aristides Capital have?
Aristides Capital has 5 clients and manages $541 million for them, as of May 2026. They include 5 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 May 2026
What services does Aristides Capital offer?
Aristides Capital provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Aristides Capital have?
Aristides Capital has 3 investment adviser representatives registered with state securities authorities, out of 11 employees, and 8 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Aristides Capital?
Aristides Capital’s direct owner is Claire Brown (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 May 2026
How does Aristides Capital get paid?
Aristides Capital is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Aristides Capital?
Aristides Capital’s main office is at 552 E Market St., Ste 200, Louisville, KY 40202. Its phone number is 502-694-8001. Its website is aristidescapital.com.