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Krane Funds Advisors

SEC-registered adviser since 2013New York, NYCRD 157103

52
Clients
12
Advisory staff

From Form ADV filed 24 July 2026 · data retrieved 15 October 2026SEC record

Krane Funds Advisors is an investment adviser headquartered in New York, New York, and registered with the SEC since 2013. Its clients include investment companies, pooled investment vehicles and other clients.

Its services include portfolio management for investment companies, portfolio management for pooled vehicles and selecting other managers. Fee arrangements include a percentage of assets under management. Kfa Intermediate, LLC owns 75% or more of Krane Funds Advisors, and Jonathan Krane is its CEO.

Clients

Krane Funds Advisors serves 52 clients, 36 of them investment companies. The average client has about $223 million with the firm.

Regulatory assets by client type
  • Investment companies36 clients89%
  • Pooled investment vehicles6 clients11%
  • Other10 clients0%
Show client breakdown
Investment companies
Clients
36
Regulatory AUM
$10,284,026,510
Share
88.9%
Avg. per client
$285.7M
Pooled investment vehicles
Clients
6
Regulatory AUM
$1,286,693,234
Share
11.1%
Avg. per client
$214.4M
Other
Clients
10
Regulatory AUM
$151,363
Share
0.0%
Avg. per client
$15K

Total

Clients
52
Regulatory AUM
$11,570,871,107
Share
100%
Avg. per client
$222.5M

What it does

Krane Funds Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles, selecting other managers and other activities. It is paid through a percentage of assets.

Krane Funds Advisors advises no private funds.

100.0% of assets ($11.57B across 52 accounts) are managed with discretion. 14% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Funds100%

Custodians

Krane Funds Advisors’ client accounts are held mainly at Charles Schwab, with 0% of managed assets. Krane Funds Advisors does not have custody of client assets.

Managed account assets by custodian
  • OtherCharles Schwab, All other custodians100%

Ownership and leadership

Kfa Intermediate, LLC owns 75% or more of Krane Funds Advisors, and Jonathan Krane is its CEO.

Who owns the firm
Krane Funds Advisors, LLC· the adviser
  • Kfa Intermediate, LLC

    Control person · since June 2026

    Owns 75% or more of Krane Funds Advisors, LLC

Leadership

  • Jonathan Krane
    Chief Executive Officer and Managing Member
  • Jonathan Shelon
    Chief Operating Officer
  • Odette Gafner
    Chief Compliance Officer / Head of Compliance

Staff

  • 50 employees
  • 12 in advisory functions
  • 13 broker-dealer reps

Reported holdings

Krane Funds Advisors’ reported 13F holdings total $2.44B across 173 positions, and the ten largest make up 81.9% of it.

$2.44B
Reported 13F value
173
Positions
81.9%
In the 10 largest
—
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Pdd Holdings Inc. · Sponsored ADS23.9%
  2. Full Truck Alliance CO Ltd · Sponsored ADS9.7%
  3. Tal ED Group · Sponsored ADS8.8%
  4. Kanzhun Limited · Sponsored ADS7.9%
  5. Kraneshares Trust · Sustainable Ultr7.0%
  6. Vipshop Hldgs Ltd · Sponsored ADS A7.0%
  7. Tencent Music Entmt Group · Spon ADS6.6%
  8. Kraneshares Trust · Csi Chi Internet4.8%
  9. State Str SPDR S&P 500 ETF T · TR Unit3.3%
  10. Joyy Inc. · ADS Repstg Com A2.9%

Together, the ten largest are 81.9% of reported value.

The 50 largest positions and quarterly changesQuarter ended 31 March 2026 · filed 11 May 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $2.44B is not its $11.57B in regulatory assets and does not represent any individual client's portfolio.

Fees

Krane Funds Advisors is paid through a percentage of assets under management.

Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Krane Funds Advisors has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

New York · 1 listed address

  • 280 Park Ave, 32nd Floor, New YorkHQ

Other business names

Krane Funds Advisors has reported 1 other business name to the SEC.

  • Kraneshares

Registration details

Legal name
Krane Funds Advisors, LLC
Headquarters
280 Park Ave, 32nd Floor, New York, NY 10017
Website
Not reported
SEC file
801-77589
Structure
Delaware 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 Krane Funds Advisors have?

Krane Funds Advisors has 52 clients and manages $11.6 billion for them, as of July 2026. They include 36 investment companies, 10 other clients and 6 pooled investment vehicles.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026

What services does Krane Funds Advisors offer?

Krane Funds Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles, selecting other managers and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Krane Funds Advisors use?

Krane Funds Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (New York, NY), with $151,363. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026

How many financial advisors does Krane Funds Advisors have?

Krane Funds Advisors has 0 investment adviser representatives registered with state securities authorities, out of 50 employees, and 12 perform investment advisory functions. 13 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 Krane Funds Advisors invest in?

At the end of its last fiscal year, Krane Funds Advisors’ separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs). It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Krane Funds Advisors?

Krane Funds Advisors is owned through a chain of holding companies by Jonathan Krane. Its direct owner is Kfa Intermediate, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026

How does Krane Funds Advisors get paid?

Krane Funds 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

Sources

  1. Form ADV Part 1A, amendment filed 24 July 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 157103.
  3. Form 13F-HR, filed 11 May 2026 for the quarter ended 31 March 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Krane Funds Advisors, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.