Ceredex Value Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Ceredex Value Advisors reports 15 clients. They include 8 state or municipal government entities, 4 investment companies and 3 pooled investment vehicles. Of its assets, 100.0% ($3.43B across 24 accounts) are managed with discretion. Of its clients, 8% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Investment companies | 27% | 46% |
| Pooled investment vehicles | 20% | 4% |
| Pension and profit-sharing plans | Fewer than 5 | 19% |
| Charitable organizations | Fewer than 5 | 7% |
| State or municipal government entities | 53% | 15% |
| Other client typesInsurance companies; Corporations and other businesses | Not reported | 10% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 4 | $1.56B | 45.6% | $391M |
| Pooled investment vehicles | 3 | $145M | 4.2% | $48.3M |
| Pension and profit-sharing plans | Fewer than 5 | $661M | 19.3% | — |
| Charitable organizations | Fewer than 5 | $226M | 6.6% | — |
| State or municipal government entities | 8 | $501M | 14.6% | $62.6M |
| Insurance companies | Fewer than 5 | $330M | 9.6% | — |
| Corporations and other businesses | Fewer than 5 | $3.74M | 0.1% | — |
| Total | 15 | $3.43B | 100% | — |
- Clients
- 4
- Regulatory AUM
- $1.56B
- AUM share
- 45.6%
- Avg. per client
- $391M
- Clients
- 3
- Regulatory AUM
- $145M
- AUM share
- 4.2%
- Avg. per client
- $48.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $661M
- AUM share
- 19.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $226M
- AUM share
- 6.6%
- Avg. per client
- —
- Clients
- 8
- Regulatory AUM
- $501M
- AUM share
- 14.6%
- Avg. per client
- $62.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $330M
- AUM share
- 9.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $3.74M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 15
- Regulatory AUM
- $3.43B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 8%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
Ceredex Value Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Virtus Partners, Inc. owns 75% or more of Ceredex Value Advisors and is in turn owned by Virtus Investment Partners, Inc. (75% or more). George Aylward is CEO; the leadership team includes President Michael Angerthal, Chief Investment Officer Mills Riddick and Chief Compliance Officer Matthew Carney. It has 13 employees, 11 of them in advisory roles.
Leadership
- George AylwardChief Executive Officer
- Michael AngerthalExecutuve Vice President, Chief Financial Officer
- Andra PurkalitisExecutive Vice President and Chief Legal Officer
- Richard SmirlExecutive Vice President
- Matthew CarneyChief Compliance Officer
- Mills RiddickChief Investment Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Matthew B Carney
Staff
- 13 employees
- 11 in advisory functions
- 1 broker-dealer rep
- 3 soliciting firms
- Owns 75% or more of Ceredex Value Advisors LLC
Virtus Partners, Inc.
Control person · since January 2018
- Owns 75% or more of Virtus Partners, Inc.
Virtus Investment Partners, Inc.
Control person · since December 2008
Ceredex Value Advisors’ regulatory assets fell from $8.53B (July 2021) to $3.43B (March 2026); clients fell from 27 to 15 and employees were 13 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.43B | 15 | 13 | 1 |
| June 2025 | $5.16B | 18 | 13 | 1 |
| March 2024 | $6.23B | 24 | 13 | 1 |
| June 2023 | $6.99B | 33 | 13 | 1 |
| March 2022 | $9.88B | 36 | 13 | 1 |
| July 2021 | $8.53B | 27 | 13 | 1 |
Besides its headquarters, Ceredex Value Advisors has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 1290 Palmetto Ave., Winter ParkHQ
Contact and registration details
- Legal name
- Ceredex Value Advisors LLC
- Headquarters
- 1290 Palmetto Ave., Winter Park, FL 32789
- Website
- ceredexvalue.com
- Phone
- 407-674-1270
- @ceredex-value-advisors
- SEC file
- 801-68739
- Structure
- Delaware LLC
- Fiscal year end
- December
Ceredex Value Advisors uses The Northern Trust ($786M, 54%) and State Street Bank and Trust ($665M, 46%) as custodians for its separately managed accounts. Ceredex Value Advisors does not have custody of client assets.
- The Northern TrustThe Northern Trust Company · Chicago, IL · $786M54%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $665M46%
At year end, Ceredex Value Advisors’ separately managed accounts were mostly in stocks (96%). Its reported 13F holdings for the quarter ended 30 June 2026 total $3.44B across 385 positions; the largest are Nvidia Corporation (12.7%), Alphabet Inc. (10.4%) and Broadcom Inc. (5.2%).
What the accounts hold
- Stocks96%
- Cash4%
Reported 13F holdings
- $3.44B
- Reported 13F value
- 385
- Positions
- 52.9%
- In the 10 largest
- +8.1%
- Value vs. prior quarter
- Nvidia Corporation12.7%
- Alphabet Inc. · Cap Stk CL A10.4%
- Broadcom Inc.5.2%
- Microsoft Corp.4.5%
- Eli Lilly & CO4.0%
- Apple Inc.4.0%
- GE Vernova Inc.3.1%
- GE Aerospace3.1%
- Meta Platforms Inc. · CL A3.1%
- Royal Caribbean Group2.9%
Together, the ten largest are 52.9% of reported value.
How many clients does Ceredex Value Advisors have?
Ceredex Value Advisors has 15 clients and manages $3.43 billion for them, as of March 2026. They include 8 state or municipal government entities, 4 investment companies and 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Ceredex Value Advisors offer?
Ceredex Value Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ceredex Value Advisors use?
Ceredex Value Advisors’ separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $786M and State Street Bank and Trust Company (Boston, MA), with $665M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Ceredex Value Advisors have?
Ceredex Value Advisors has 0 investment adviser representatives registered with state securities authorities, out of 13 employees, and 11 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Ceredex Value Advisors invest in?
At the end of its last fiscal year, Ceredex Value Advisors’ separately managed accounts held 96% exchange-traded equities and 4% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ceredex Value Advisors?
Ceredex Value Advisors is owned through a holding company by Virtus Investment Partners, Inc. Its direct owner is Virtus Partners, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Ceredex Value Advisors get paid?
Ceredex Value Advisors is paid through a percentage of assets under management. 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
How do I contact Ceredex Value Advisors?
Ceredex Value Advisors’ main office is at 1290 Palmetto Ave., Winter Park, FL 32789. Its phone number is 407-674-1270. Its website is ceredexvalue.com.