Clients
Exchange Traded Concepts serves 130 clients. The average client has about $177 million with the firm.
- Investment companies130 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 130 | $22,952,324,758 | 100.0% | $176.6M |
| Total | 130 | $22,952,324,758 | 100% | $176.6M |
- Clients
- 130
- Regulatory AUM
- $22,952,324,758
- Share
- 100.0%
- Avg. per client
- $176.6M
Total
- Clients
- 130
- Regulatory AUM
- $22,952,324,758
- Share
- 100%
- Avg. per client
- $176.6M
What it does
Exchange Traded Concepts provides portfolio management for investment companies and selecting other managers. It is paid through a percentage of assets and fixed fees.
Exchange Traded Concepts advises no private funds.
100.0% of assets ($22.95B across 130 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
Exchange Traded Concepts does not have custody of client assets.
- All other custodians$22.95B100%
Ownership and leadership
Cottonwood ETF Holdings, LLC owns 50% to 75% of Exchange Traded Concepts, and Richard Malinowski is its CEO.
- Owns 50% to 75% of Exchange Traded Concepts, LLC
Cottonwood ETF Holdings, LLC
Control person · since July 2011
- Owns 25% to 50% of Cottonwood ETF Holdings, LLC
Richard Hogan Revocable Trust
Control person · since January 2011
- Owns 75% or more of Richard Hogan Revocable Trust
Richard Hogan
Control person · since January 2011
- Owns 25% to 50% of Cottonwood ETF Holdings, LLC
Richard Hogan 2023 GST Property Trust
Control person · since January 2024
Todd Stuart
Trustee · Control person · since June 2019
JP Morgan Trust Company of Delaware
Administrative trustee · Control person · since January 2024
- Owns 5% to 10% of Exchange Traded Concepts, LLC
James Stevens
Control person · since September 2025
Leadership
- Richard MalinowskiCo- Chief Executive Officer and General Counsel
- Andrew SerowikCo-Chief Executive Officer and Portfolio Manager
- Randal TaylorChief Financial Officer
- Dennis LowenfelsChief Compliance Officer
- Richard HoganOfficer
- James StevensChief Business Officer
Staff
- 16 employees
- 13 in advisory functions
- 2 broker-dealer reps
- 1 insurance agent
Reported holdings
Exchange Traded Concepts’ reported 13F holdings total $21.88B across 1,580 positions, and the ten largest make up 31.3% of it.
- $21.88B
- Reported 13F value
- 1,580
- Positions
- 31.3%
- In the 10 largest
- +55.0%
- Value vs. prior quarter
- Sandisk Corp.6.3%
- Western Digital Corp.5.2%
- Seagate Technology Hldngs PL5.1%
- Micron Technology Inc.2.7%
- SPDR Series Trust · ST Str P500etf2.7%
- State Str SPDR S&P 500 ETF T · TR UnitPut2.7%
- Vanguard Index Fds · S&P 500 ETF Shs1.9%
- State Str SPDR S&P 500 ETF T · TR UnitCall1.6%
- Nvidia Corporation1.5%
- Meta Platforms Inc. · CL A1.4%
Together, the ten largest are 31.3% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $21.88B is not its $22.95B in regulatory assets and does not represent any individual client's portfolio.
Fees
Exchange Traded Concepts is paid through a percentage of assets under management and fixed fees (other than subscription fees).
Exchange Traded Concepts’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Exchange Traded Concepts has 1 office, with 2 listed addresses across 2 states.
New York · 1 listed address
- 295 Madison Avenue, New York
Oklahoma · 1 listed address
- 10900 Hefner Pointe Drive, Suite 400, Oklahoma CityHQ
Registration details
- Legal name
- Exchange Traded Concepts, LLC
- Headquarters
- 10900 Hefner Pointe Drive, Suite 400, Oklahoma City, OK 73120
- Phone
- 405-778-8377
- SEC file
- 801-70485
- Structure
- Oklahoma 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 Exchange Traded Concepts have?
Exchange Traded Concepts has 130 clients and manages $23 billion for them, as of February 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 February 2026
What services does Exchange Traded Concepts offer?
Exchange Traded Concepts provides portfolio management for investment companies and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Exchange Traded Concepts have?
Exchange Traded Concepts has 0 investment adviser representatives registered with state securities authorities, out of 16 employees, and 13 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 1 are 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 Exchange Traded Concepts?
Exchange Traded Concepts is owned through a chain of holding companies by Richard Hogan. Its direct owners are James Stevens (5% to 10%) and Cottonwood ETF Holdings, LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 February 2026
How does Exchange Traded Concepts get paid?
Exchange Traded Concepts is paid through a percentage of assets under management and fixed fees. 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