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Linden Advisors

SEC-registered adviser since 2006New York, NYCRD 135431

5
Clients
25
Advisory staff

From Form ADV filed 17 March 2026 · data retrieved 15 October 2026SEC record

Linden Advisors is an investment adviser headquartered in New York, New York, and registered with the SEC since 2006. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management and performance-based fees. Siu Min Wong owns 75% or more of Linden Advisors, and Siu Min Wong is its CEO.

Clients

Linden Advisors serves 5 clients. The average client has about $7.76 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles5 clients100%
Show client breakdown
Pooled investment vehicles
Clients
5
Regulatory AUM
$38,784,484,000
Share
100.0%
Avg. per client
$7.76B

Total

Clients
5
Regulatory AUM
$38,784,484,000
Share
100%
Avg. per client
$7.76B

What it does

Linden Advisors provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.

Linden Advisors advises 2 private funds.

100.0% of assets ($38.78B across 5 accounts) are managed with discretion. 80% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Linden Advisors has custody of $37.22B for 3 clients.

Managed account assets by custodian
  • All other custodians$38.78B100%

Ownership and leadership

Siu Min Wong owns 75% or more of Linden Advisors, and Siu Min Wong is its CEO.

Who owns the firm
Linden Advisors LP· the adviser
  • Siu Min Wong

    Control person · since May 2003

    Owns 75% or more of Linden Advisors LP

Leadership

  • Siu Min Wong
    Chief Executive Officer, Limited Partner
  • Vincent Leva
    Chief Financial Officer
  • James Delaney
    Chief Operating Officer
  • Saul Ahn
    Chief Compliance Officer
  • Saul Ahn
    General Counsel

Staff

  • 48 employees
  • 25 in advisory functions

Reported holdings

Linden Advisors’ reported 13F holdings total $19.30B across 638 positions, and the ten largest make up 24.4% of it.

$19.30B
Reported 13F value
638
Positions
24.4%
In the 10 largest
+8.1%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Vishay Intertechnology 2.25 09/15/2030 · Sdbcv4.3%
  2. Mks Inc. 1.25 06/01/2030 · Sdbcv3.1%
  3. Sitime 0 06/15/2031 · Sdbcv3.1%
  4. Guardant Health Inc. 1.25 02/15/2031 · Sdbcv2.7%
  5. Centrus Energy Corp. 2.25 11/01/2030 · Sdbcv2.3%
  6. Applied Digital Corp. 2.75 06/01/2030 · Sdbcv2.1%
  7. Solaris Energy Infrastru 0.25 10/01/2031 · Sdbcv1.9%
  8. Sphere Entertainment CO 3.5 12/01/2028 · Sdbcv1.8%
  9. Veeco Instruments Inc. 2.875 06/01/2029 · Sdbcv1.6%
  10. Solar Edge Technologies 2.25 07/01/2029 · Sdbcv1.6%

Together, the ten largest are 24.4% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $19.30B is not its $38.78B in regulatory assets and does not represent any individual client's portfolio.

Fees

Linden Advisors is paid through a percentage of assets under management and performance-based fees.

Linden Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

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

Listed office addresses by state

New York · 1 listed address

  • 590 Madison Avenue, 32nd Floor, New YorkHQ

Registration details

Legal name
Linden Advisors LP
Headquarters
590 Madison Avenue, 32nd Floor, New York, NY 10022
Website
Not reported
SEC file
801-65641
Structure
Delaware limited partnership
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 Linden Advisors have?

Linden Advisors has 5 clients and manages $38.8 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026

What services does Linden Advisors offer?

Linden Advisors provides portfolio management for pooled vehicles.

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

How many financial advisors does Linden Advisors have?

Linden Advisors has 0 investment adviser representatives registered with state securities authorities, out of 48 employees, and 25 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

Who owns Linden Advisors?

Linden Advisors’ direct owner is Siu Min Wong (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026

How does Linden Advisors get paid?

Linden Advisors 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

Sources

  1. Form ADV Part 1A, amendment filed 17 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 135431.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 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 Linden Advisors LP 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.