Focused Investors provides portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 1 private fund.
Focused Investors reports 3 clients. They include 3 pooled investment vehicles. Of its assets, 100.0% ($3.29B across 9 accounts) are managed with discretion. Of its clients, 11% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 36% |
| Pension and profit-sharing plans | Fewer than 5 | 3% |
| Charitable organizations | Fewer than 5 | 11% |
| State or municipal government entities | Fewer than 5 | 27% |
| Corporations and other businesses | Fewer than 5 | 24% |
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 |
|---|---|---|---|---|
| Pooled investment vehicles | 3 | $1.18B | 35.8% | $392M |
| Pension and profit-sharing plans | Fewer than 5 | $106M | 3.2% | — |
| Charitable organizations | Fewer than 5 | $354M | 10.8% | — |
| State or municipal government entities | Fewer than 5 | $876M | 26.7% | — |
| Corporations and other businesses | Fewer than 5 | $776M | 23.6% | — |
| Total | 3 | $3.29B | 100% | — |
- Clients
- 3
- Regulatory AUM
- $1.18B
- AUM share
- 35.8%
- Avg. per client
- $392M
- Clients
- Fewer than 5
- Regulatory AUM
- $106M
- AUM share
- 3.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $354M
- AUM share
- 10.8%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $876M
- AUM share
- 26.7%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $776M
- AUM share
- 23.6%
- Avg. per client
- —
Total
- Clients
- 3
- Regulatory AUM
- $3.29B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 11%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
Focused Investors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Bruce Veaco owns 75% or more of Focused Investors. The leadership team of Focused Investors includes Chief Operating Officer Beverly Tecson. It has 4 employees, 2 of them in advisory roles.
Leadership
- Beverly TecsonChief Operating Officer/Chief Compliance Officer
- Nugroho SoehartoManaging Member
- Bruce VeacoManaging Member
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Nugroho (NMN) Soeharto
- Bruce Gordon Veaco
Staff
- 4 employees
- 2 in advisory functions
- Owns 75% or more of Focused Investors LLC
Bruce Veaco
Control person · since February 2006
- Owns 25% to 50% of Focused Investors LLC
Nugroho Soeharto
Control person · since March 2008
Focused Investors’ regulatory assets grew from $2.81B (January 2021) to $3.29B (March 2026); clients were 3 in both filings and employees fell from 6 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.29B | 3 | 4 | 1 |
| March 2025 | $3.24B | 3 | 5 | 1 |
| March 2024 | $3.2B | 3 | 5 | 1 |
| March 2023 | $3.18B | 3 | 6 | 1 |
| February 2022 | $3.38B | 3 | 6 | 1 |
| January 2021 | $2.81B | 3 | 6 | 1 |
Besides its headquarters, Focused Investors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1999 Avenue of the Stars, Suite 3320, Los AngelesHQ
Contact and registration details
- Legal name
- Focused Investors LLC
- Headquarters
- 1999 Avenue of the Stars, Suite 3320, Los Angeles, CA 90067
- Website
- focusedinvestors.com
- Phone
- 310-734-1200
- SEC file
- 801-66523
- Structure
- Delaware LLC
- Fiscal year end
- December
Focused Investors uses Northern Trust ($876M, 53%) and UBS Ag ($776M, 47%) as custodians for its separately managed accounts. Focused Investors has custody of $996M in client assets for 1 client.
- Northern TrustNorthern Trust Corporation · Chicago, IL · $876M53%
- UBS AgUBS Ag · Zurich · $776M47%
At year end, Focused Investors’ separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.96B across 23 positions; the largest are The Goldman Sachs Group, Inc.. (8.3%), Morgan Stanley (7.8%) and Johnson & Johnson (7.3%).
What the accounts hold
- Stocks95%
- Cash5%
Reported 13F holdings
- $2.96B
- Reported 13F value
- 23
- Positions
- 62.0%
- In the 10 largest
- −3.7%
- Value vs. prior quarter
- The Goldman Sachs Group, Inc..8.3%
- Morgan Stanley7.8%
- Johnson & Johnson7.3%
- Unitedhealth Group Inc..6.2%
- Elevance Health, Inc..6.0%
- The Cigna Group5.8%
- Microsoft Corp..5.5%
- The Walt Disney Company5.4%
- American Express Co.5.2%
- Fedex Corporation4.5%
Together, the ten largest are 62.0% of reported value.
How many clients does Focused Investors have?
Focused Investors has 3 clients and manages $3.29 billion for them, as of March 2026. They include 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Focused Investors offer?
Focused Investors provides 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 Focused Investors use?
Focused Investors’ separately managed account assets are held at Northern Trust Corporation (Chicago, IL), with $876M and UBS Ag (Zurich), with $776M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Focused Investors have?
Focused Investors has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 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
What does Focused Investors invest in?
At the end of its last fiscal year, Focused Investors’ separately managed accounts held 95% exchange-traded equities and 5% cash and equivalents. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Focused Investors?
Focused Investors’ direct owners are Bruce Veaco (75% or more) and Nugroho Soeharto (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Focused Investors get paid?
Focused Investors 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 Focused Investors?
Focused Investors’ main office is at 1999 Avenue of the Stars, Suite 3320, Los Angeles, CA 90067. Its phone number is 310-734-1200. Its website is focusedinvestors.com.