Gavilan Investment Partners provides portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 1 private fund.
Gavilan Investment Partners reports 2 clients. They include 1 pooled investment vehicle and 1 sovereign wealth fund or foreign official institution. Of its assets, 100.0% ($515M across 2 accounts) are managed with discretion. Of its clients, 50% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 50% | 13% |
| Sovereign wealth funds and foreign official institutions | 50% | 87% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $66.8M | 13.0% | $66.8M |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $448M | 87.0% | $448M |
| Total | 2 | $515M | 100% | — |
- Clients
- 1
- Regulatory AUM
- $66.8M
- AUM share
- 13.0%
- Avg. per client
- $66.8M
- Clients
- Fewer than 5
- Regulatory AUM
- $448M
- AUM share
- 87.0%
- Avg. per client
- $448M
Total
- Clients
- 2
- Regulatory AUM
- $515M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 50%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 0
Gavilan Investment Partners is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Louis Chang owns 75% or more of Gavilan Investment Partners. The leadership team of Gavilan Investment Partners includes Chief Compliance Officer Louis Chang. It has 2 employees.
Leadership
- Louis ChangManaging Partner, Chief Compliance Officer
Staff
- 2 employees
- 2 in advisory functions
- Owns 75% or more of Gavilan Investment Partners LLC
Louis Chang
Control person · since June 2020
Gavilan Investment Partners’ regulatory assets grew 10.7× from $48.3M (June 2022) to $515M (May 2026); clients rose from 1 to 2 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $515M | 2 | 2 | 1 |
| May 2025 | $445M | 2 | 1 | 1 |
| March 2024 | $350M | 2 | 2 | 1 |
| March 2023 | $129M | 2 | 2 | 1 |
| June 2022 | $48.3M | 1 | 2 | 1 |
Besides its headquarters, Gavilan Investment Partners has 0 offices, with 1 listed address in California.
California · 1 listed address
- 330 Primrose RD., Suite 208, BurlingameHQ
Contact and registration details
- Legal name
- Gavilan Investment Partners LLC
- Headquarters
- 330 Primrose RD., Suite 208, Burlingame, CA 94010
- Website
- gavilanpartners.com
- Phone
- 650-334-4990
- SEC file
- 801-125898
- Structure
- Delaware LLC
- Fiscal year end
- December
Gavilan Investment Partners uses Citibank N.A. ($448M) as custodian for its separately managed accounts. Gavilan Investment Partners has custody of $66.8M in client assets for 1 client.
- Citibank N.A.Citibank N.A. · New York, NY · $448M100%
At year end, Gavilan Investment Partners’ separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $411M across 15 positions; the largest are Amazon Com Inc. (11.0%), ASML Hldg NV (9.4%) and Meta Platforms Inc. (8.8%).
What the accounts hold
- Stocks95%
- Cash5%
Reported 13F holdings
- $411M
- Reported 13F value
- 15
- Positions
- 80.7%
- In the 10 largest
- +10.3%
- Value vs. prior quarter
- Amazon Com Inc.11.0%
- ASML Hldg NV · N Y Registry Shs9.4%
- Meta Platforms Inc. · CL A8.8%
- Taiwan Semiconductor Manufac · Sponsored ADS8.8%
- Mercadolibre Inc.8.6%
- Carvana CO · CL A7.9%
- Spotify Technology S A6.8%
- Mastercard Incorporated · CL A6.7%
- Shopify Inc. · CL A Sub Vtg Shs6.4%
- Coupang Inc. · CL A6.2%
Together, the ten largest are 80.7% of reported value.
How many clients does Gavilan Investment Partners have?
Gavilan Investment Partners has 2 clients and manages $515 million for them, as of May 2026. They include 1 pooled investment vehicle and 1 sovereign wealth fund or foreign official institution.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026
What services does Gavilan Investment Partners offer?
Gavilan Investment Partners 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 Gavilan Investment Partners use?
Gavilan Investment Partners’ separately managed account assets are held at Citibank N.A. (New York, NY), with $448M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 May 2026
How many financial advisors does Gavilan Investment Partners have?
Gavilan Investment Partners has 0 investment adviser representatives registered with state securities authorities, out of 2 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 Gavilan Investment Partners invest in?
At the end of its last fiscal year, Gavilan Investment Partners’ 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 Gavilan Investment Partners?
Gavilan Investment Partners’ direct owner is Louis Chang (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 May 2026
How does Gavilan Investment Partners get paid?
Gavilan Investment Partners is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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 Gavilan Investment Partners?
Gavilan Investment Partners’ main office is at 330 Primrose RD., Suite 208, Burlingame, CA 94010. Its phone number is 650-334-4990. Its website is gavilanpartners.com.