Clients
Los Angeles Capital Management serves 42 clients, 17 of them pooled investment vehicles. The average client has about $966 million with the firm.
- Investment companies9 clients34%
- Pooled investment vehicles17 clients47%
- Pension and profit-sharing plans11 clients13%
- State or municipal government entities5 clients5%
- OtherCharitable organizations, Corporations and other businesses, Other1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 9 | $13,711,484,274 | 33.8% | $1.52B |
| Pooled investment vehicles | 17 | $19,177,727,527 | 47.3% | $1.13B |
| Pension and profit-sharing plans | 11 | $5,151,866,393 | 12.7% | $468.4M |
| Charitable organizations | 0 | $113,950,522 | 0.3% | — |
| State or municipal government entities | 5 | $2,115,540,642 | 5.2% | $423.1M |
| Corporations and other businesses | Not reported | $21,809,150 | 0.1% | — |
| Other | Not reported | $283,198,466 | 0.7% | — |
| Total | 42 | $40,575,576,974 | 100% | $966.1M |
- Clients
- 9
- Regulatory AUM
- $13,711,484,274
- Share
- 33.8%
- Avg. per client
- $1.52B
- Clients
- 17
- Regulatory AUM
- $19,177,727,527
- Share
- 47.3%
- Avg. per client
- $1.13B
- Clients
- 11
- Regulatory AUM
- $5,151,866,393
- Share
- 12.7%
- Avg. per client
- $468.4M
- Clients
- 0
- Regulatory AUM
- $113,950,522
- Share
- 0.3%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $2,115,540,642
- Share
- 5.2%
- Avg. per client
- $423.1M
- Clients
- Not reported
- Regulatory AUM
- $21,809,150
- Share
- 0.1%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $283,198,466
- Share
- 0.7%
- Avg. per client
- —
Total
- Clients
- 42
- Regulatory AUM
- $40,575,576,974
- Share
- 100%
- Avg. per client
- $966.1M
What it does
Los Angeles Capital Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, fixed fees and performance-based fees.
Los Angeles Capital Management advises 5 private funds.
100.0% of assets ($40.58B across 71 accounts) are managed with discretion. 32% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks99%
- Cash1%
Custodians
Los Angeles Capital Management’s client accounts are held mainly at State Street, with 7% of managed assets, and Citigroup, with 4%. Los Angeles Capital Management has custody of $3.09B for 6 clients.
- State StreetState Street Corporation · Quincy, MA · $2.91B7%
- The Bank of New York MellonThe Bank of New York Mellon · Pittsburgh, PA · $1.32B3%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $1.54B4%
- CitigroupCitigroup Inc. · New York, NY · $1.59B4%
- All other custodians$33.22B82%
Ownership and leadership
Lacm Holdings Inc. owns 75% or more of Los Angeles Capital Management.
- Owns 75% or more of Los Angeles Capital Management LLC
Lacm Holdings Inc.
Control person · since January 2021
- Owns 25% to 50% of Lacm Holdings Inc.
Thomas Stevens
Control person · since January 2021
Leadership
- Daniel AllenCEO / President / Board Member
- Elizabeth MuellerChief Financial Officer
- Jennifer PepinChief Compliance Officer / Board Member
- Daniel GiddingsChief Legal Officer / General Counsel / Corporate Secretary
- Stuart MatsudaChief Trading Officer / Board Member
- Steve OetomoChief Technology Officer
- Edward RackhamChief Investment Officer / Board Member
- Hal ReynoldsVice Chairman / Board Member
- Bradford RoweChief Research Officer
- Thomas StevensChairman
Staff
- 103 employees
- 46 in advisory functions
Reported holdings
Los Angeles Capital Management’s reported 13F holdings total $27.20B across 2,324 positions, and the ten largest make up 34.0% of it.
- $27.20B
- Reported 13F value
- 2,324
- Positions
- 34.0%
- In the 10 largest
- +7.2%
- Value vs. prior quarter
- Nvidia Corp.9.0%
- Apple Inc.5.9%
- Microsoft Corp.3.9%
- Broadcom Inc.3.6%
- Alphabet Inc.2.8%
- Alphabet Inc.2.6%
- Amazon.com Inc.2.1%
- Eli Lilly & Co1.6%
- Meta Platforms Inc.1.4%
- Howmet Aerospace Inc.1.3%
Together, the ten largest are 34.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $27.20B is not its $40.58B in regulatory assets and does not represent any individual client's portfolio.
Fees
Los Angeles Capital Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Los Angeles Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Los Angeles Capital Management has 0 offices, with 1 listed address in 1 state.
California · 1 listed address
- 11150 Santa Monica Boulevard, Suite 200, Los AngelesHQ
Registration details
- Legal name
- Los Angeles Capital Management LLC
- Headquarters
- 11150 Santa Monica Boulevard, Suite 200, Los Angeles, CA 90025
- Phone
- 310-479-9998
- Website
- Not reported
- SEC file
- 801-60934
- Structure
- California 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 Los Angeles Capital Management have?
Los Angeles Capital Management has 42 clients and manages $40.6 billion for them, as of July 2026. They include 17 pooled investment vehicles, 11 pension and profit-sharing plans and 9 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 July 2026
What services does Los Angeles Capital Management offer?
Los Angeles Capital Management provides portfolio management for investment companies, 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 Los Angeles Capital Management use?
Los Angeles Capital Management’s separately managed account assets are held at State Street Corporation (Quincy, MA), with $2,907,824,874, Citigroup Inc. (New York, NY), with $1,586,483,578, The Northern Trust Company (Chicago, IL), with $1,540,611,079 and The Bank of New York Mellon (Pittsburgh, PA), with $1,316,884,145. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 July 2026
How many financial advisors does Los Angeles Capital Management have?
Los Angeles Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 103 employees, and 46 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 Los Angeles Capital Management invest in?
At the end of its last fiscal year, Los Angeles Capital Management’s separately managed accounts held 99% exchange-traded equities and 1% cash and equivalents. It advises 5 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Los Angeles Capital Management?
Los Angeles Capital Management is owned through a holding company by Thomas Stevens. Its direct owner is Lacm Holdings Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 July 2026
How does Los Angeles Capital Management get paid?
Los Angeles Capital Management is paid through a percentage of assets under management, fixed fees 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