Clients
Constellation Investments serves 14 clients, 9 of them corporations and other businesses. The average client has about $2.25 billion with the firm.
- Investment companies1 clients39%
- Insurance companies46%
- Corporations and other businesses9 clients14%
- Pooled investment vehicles4 clients2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 1 | $12,297,879,087 | 39.1% | $12.30B |
| Pooled investment vehicles | 4 | $494,240,096 | 1.6% | $123.6M |
| Insurance companies | Not reported | $14,370,535,877 | 45.7% | — |
| Corporations and other businesses | 9 | $4,315,251,272 | 13.7% | $479.5M |
| Total | 14 | $31,477,906,332 | 100% | $2.25B |
- Clients
- 1
- Regulatory AUM
- $12,297,879,087
- Share
- 39.1%
- Avg. per client
- $12.30B
- Clients
- 4
- Regulatory AUM
- $494,240,096
- Share
- 1.6%
- Avg. per client
- $123.6M
- Clients
- Not reported
- Regulatory AUM
- $14,370,535,877
- Share
- 45.7%
- Avg. per client
- —
- Clients
- 9
- Regulatory AUM
- $4,315,251,272
- Share
- 13.7%
- Avg. per client
- $479.5M
Total
- Clients
- 14
- Regulatory AUM
- $31,477,906,332
- Share
- 100%
- Avg. per client
- $2.25B
What it does
Constellation Investments provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and other arrangements.
Constellation Investments advises 4 private funds.
100.0% of assets ($31.48B across 15 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.
What the accounts hold
- Funds8%
- Bonds45%
- Investment grade corporate bonds35%
- U.S. government and agency bonds6%
- State and local bonds2%
- High-yield corporate bonds2%
- Cash9%
- Other37%
- Cmo, mbs, abs, mortgage loan participations35%
- Derivatives2%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Constellation Investments’ client accounts are held mainly at US Bank, with 0% of managed assets. Constellation Investments has custody of $479.1M for 8 clients.
- OtherUS Bank, All other custodians100%
Ownership and leadership
Constellation Insurance, Inc. owns 75% or more of Constellation Investments.
- Owns 75% or more of Constellation Investments, Inc.
Constellation Insurance, Inc.
Control person · since March 2022
- Owns 75% or more of Constellation Insurance, Inc.
Constellation Insurance Holdings, Inc.
Control person · since March 2022
- Owns 50% to 75% of Constellation Insurance Holdings, Inc.
Onlh Holdings GP LLC
Control person · since March 2022
- Owns 75% or more of Onlh Holdings GP LLC
Onlh Holdings LP
Control person · since March 2022
- Owns 75% or more of Onlh Holdings LP
Constellation Insurance GP LLC
Control person · since March 2022
- Owns 25% to 50% of Constellation Insurance GP LLC
Ontario Teacher Pension Plan Voting Trust (canada)
Control person · since March 2022
- Owns 25% to 50% of Ontario Teacher Pension Plan Voting Trust (canada)
gregory nielsen
Control person · since March 2022
Ying Soong
Trustee · Control person · since January 2026
- Owns 25% to 50% of Constellation Insurance GP LLC
Caisse De Depot Et Placement Du Quebec Voting Trust (canada)
Control person · since March 2022
- Owns 25% to 50% of Caisse De Depot Et Placement Du Quebec Voting Trust (canada)
Philippe Charette
Control person · since March 2022
Alexandre Decary
Trustee · Control person · since October 2023
Leadership
- Sachin JainDirector, President
- Charles JonesChief Compliance Officer
- Marc BrugerDirector
- Jonathan EgolDirector,
- Brijendra GrewalTreasurer
- Megan MeyerGeneral Counsel
Staff
- 45 employees
- 8 in advisory functions
- 6 broker-dealer reps
Reported holdings
Constellation Investments’ reported 13F holdings total $3.18B across 19 positions, and the ten largest make up 93.5% of it.
- $3.18B
- Reported 13F value
- 19
- Positions
- 93.5%
- In the 10 largest
- +5.7%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF29.6%
- Vanguard Index Fds · S&P 500 ETF Shs20.2%
- iShares TR · Core US Aggbd ET17.5%
- Vanguard Index Fds · Total Stk Mkt6.8%
- iShares TR · Core S&P Ttl Stk5.7%
- Invesco Qqq TR · Unit Ser 14.1%
- Vanguard Scottsdale Fds · Int-term Corp.3.3%
- Vanguard BD Index Fds · Total Bnd Mrkt2.5%
- iShares TR · Core MSCI Eafe2.3%
- iShares TR · Mbs ETF1.5%
Together, the ten largest are 93.5% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $3.18B is not its $31.48B in regulatory assets and does not represent any individual client's portfolio.
Fees
Constellation Investments is paid through a percentage of assets under management and other.
Constellation Investments’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Constellation Investments has 0 offices, with 1 listed address in 1 state.
Ohio · 1 listed address
- One Financial Way, MontgomeryHQ
Registration details
- Legal name
- Constellation Investments, Inc.
- Headquarters
- One Financial Way, Montgomery, OH 45242
- Phone
- 513-794-6100
- Website
- Not reported
- SEC file
- 801-51396
- Structure
- Ohio corporation
- 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 Constellation Investments have?
Constellation Investments has 14 clients and manages $31.5 billion for them, as of March 2026. They include 9 corporations and other businesses, 4 pooled investment vehicles and 1 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Constellation Investments offer?
Constellation Investments provides 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 Constellation Investments use?
Constellation Investments’ separately managed account assets are held at US Bank (Milwaukee, WI), with $62,850,383. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Constellation Investments have?
Constellation Investments has 0 investment adviser representatives registered with state securities authorities, out of 45 employees, and 8 perform investment advisory functions. 6 are registered representatives of a broker-dealer and 0 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 Constellation Investments invest in?
At the end of its last fiscal year, Constellation Investments’ separately managed accounts held 35% investment grade corporate bonds, 35% cmo, mbs, abs, mortgage loan participations, 9% cash and equivalents, 8% pooled vehicles (private funds and similar), 6% U.S. government and agency bonds, 2% state and local bonds, 2% high-yield corporate bonds and 2% derivatives. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Constellation Investments?
Constellation Investments is owned through a chain of holding companies by gregory nielsen and Philippe Charette. Its direct owner is Constellation Insurance, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Constellation Investments get paid?
Constellation Investments 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