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Atlas FRM

SEC-registered adviser since 2012Greenwich, CTCRD 160610

17
Clients
57
Advisory staff

From Form ADV filed 25 March 2026 · data retrieved 15 October 2026SEC record

Atlas FRM is an investment adviser headquartered in Greenwich, Connecticut, and registered with the SEC since 2012. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management and other arrangements. Andrew Bursky owns 25% to 50% of Atlas FRM.

Clients

Atlas FRM serves 17 clients. The average client has about $1.07 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles17 clients100%
Show client breakdown
Pooled investment vehicles
Clients
17
Regulatory AUM
$18,115,023,438
Share
100.0%
Avg. per client
$1.07B

Total

Clients
17
Regulatory AUM
$18,115,023,438
Share
100%
Avg. per client
$1.07B

What it does

Atlas FRM provides portfolio management for pooled vehicles. It is paid through a percentage of assets and other arrangements.

Atlas FRM advises 17 private funds.

100.0% of assets ($18.12B across 17 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Atlas FRM has custody of client assets.

Managed account assets by custodian
  • All other custodians$18.12B100%

Ownership and leadership

Andrew Bursky owns 25% to 50% of Atlas FRM.

Who owns the firm
Atlas FRM LLC· the adviser
  • Andrew Bursky

    Control person · since December 2001

    Owns 25% to 50% of Atlas FRM LLC
  • Timothy Fazio

    Control person · since December 2001

    Owns 25% to 50% of Atlas FRM LLC

Leadership

  • Michael O'Donnell
    Chief Compliance Officer
  • Sam Astor
    Managing Partner
  • Peter Bacon
    Partner
  • Gregory Blake
    Partner
  • Andrew Bursky
    Managing Partner
  • Timothy Fazio
    Managing Partner
  • David Filippelli
    Partner
  • Edward Fletcher
    Partner
  • Jacob Hudson
    Managing Partner
  • Jerome Lay
    Partner
  • Neil Mahajan
    Partner
  • Anastasios Papadoakos
    Partner, and CFO
  • Philip Schuch
    Partner
  • Michael Sher
    Managing Partner
  • Jason Squire
    Partner

Staff

  • 87 employees
  • 57 in advisory functions

Reported holdings

Atlas FRM’s reported 13F holdings total $2.33B across 25 positions, and the ten largest make up 78.1% of it.

$2.33B
Reported 13F value
25
Positions
78.1%
In the 10 largest
+52.9%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. International Paper CO16.1%
  2. Packaging Corp. OF America15.6%
  3. Waste Connections Inc.10.8%
  4. Sylvamo Corp.10.2%
  5. Suzano SA - ADR · Spon ADS8.1%
  6. Fortune Brands Innovations Inc.4.3%
  7. Aptargroup Inc.3.6%
  8. Rayonier Inc.3.6%
  9. Weyerhaeuser Co3.1%
  10. Builders Firstsource Inc.2.8%

Together, the ten largest are 78.1% of reported value.

The 25 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 13 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $2.33B is not its $18.12B in regulatory assets and does not represent any individual client's portfolio.

Fees

Atlas FRM is paid through a percentage of assets under management and other.

Atlas FRM’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Atlas FRM has 1 office, with 2 listed addresses in 1 state.

Listed office addresses by state

Connecticut · 2 listed addresses

  • 100 Northfield Street, GreenwichHQ
  • 484 Pacific Street, Stamford

Registration details

Legal name
Atlas FRM LLC
Headquarters
100 Northfield Street, Greenwich, CT 06830
Website
Not reported
SEC file
801-73745
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Atlas FRM have?

Atlas FRM has 17 clients and manages $18.1 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026

What services does Atlas FRM offer?

Atlas FRM provides 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 Atlas FRM have?

Atlas FRM has 0 investment adviser representatives registered with state securities authorities, out of 87 employees, and 57 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 Atlas FRM?

Atlas FRM’s direct owners are Andrew Bursky and Timothy Fazio, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026

How does Atlas FRM get paid?

Atlas FRM is paid through a percentage of assets under management and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 25 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 160610.
  3. Form 13F-HR, filed 13 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Atlas FRM LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.