Millbank Dartmoor Portsmouth provides portfolio management for institutions.
Millbank Dartmoor Portsmouth lists pension and profit-sharing plans and corporations and other businesses as clients. Of its assets, 100.0% ($263M across 4 accounts) are managed with discretion. It advised 4 clients without assets under management last fiscal year.
Share breakdown unavailable
| Client type | Clients | Assets |
|---|---|---|
| Pension and profit-sharing plans | Fewer than 5 | 38% |
| Corporations and other businesses | Fewer than 5 | 62% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client shares are unavailable because no positive client counts were reported.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pension and profit-sharing plans | Fewer than 5 | $98.8M | 37.5% | — |
| Corporations and other businesses | Fewer than 5 | $164M | 62.5% | — |
| Total | Not reported | $263M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $98.8M
- AUM share
- 37.5%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $164M
- AUM share
- 62.5%
- Avg. per client
- —
Total
- Clients
- Not reported
- Regulatory AUM
- $263M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Millbank Dartmoor Portsmouth is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Dennis Davitt owns 50% to 75% of Millbank Dartmoor Portsmouth. The leadership team of Millbank Dartmoor Portsmouth includes Chief Investment Officer Dennis Davitt, Chief Operating Officer Michael McCarty and Chief Compliance Officer Kellie Fisher. It has 3 employees, 2 of them in advisory roles.
Leadership
- Michael McCartyChief Operating Officer
- Kellie FisherChief Compliance Officer
- Dennis DavittChief Investment Officer
Staff
- 3 employees
- 2 in advisory functions
- Owns 50% to 75% of Millbank Dartmoor Portsmouth LLC
Dennis Davitt
Control person · since September 2020
- Owns 10% to 25% of Millbank Dartmoor Portsmouth LLC
Michael McCarty
Control person · since September 2020
- Owns 10% to 25% of Millbank Dartmoor Portsmouth LLC
Galaxy Group Funding Eci U LLC
since September 2020
- Owns 10% to 25% of Millbank Dartmoor Portsmouth LLC
Six Tav So LLC
since September 2020
Millbank Dartmoor Portsmouth’s regulatory assets grew 2.5× from $107M (March 2021) to $263M (March 2026); employees rose from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $263M | 0 | 3 | 1 |
| March 2025 | $234M | 0 | 3 | 1 |
| July 2024 | $213M | 1 | 3 | 1 |
| March 2023 | $308M | 1 | 2 | 1 |
| March 2022 | $217M | 0 | 2 | 1 |
| March 2021 | $107M | 0 | 2 | 1 |
Besides its headquarters, Millbank Dartmoor Portsmouth has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 22 South Pack Square, Suite 401, AshevilleHQ
Contact and registration details
- Legal name
- Millbank Dartmoor Portsmouth LLC
- Headquarters
- 22 South Pack Square, Suite 401, Asheville, NC 28801
- Website
- mdpvol.com
- Phone
- 828-499-7222
- @millbank-dartmoor-portsmouth
- SEC file
- 801-119757
- Structure
- Delaware LLC
- Fiscal year end
- December
Millbank Dartmoor Portsmouth uses Bank of New York Mellon ($263M) as custodian for its separately managed accounts. Millbank Dartmoor Portsmouth does not have custody of client assets.
- Bank of New York MellonBank of New York Mellon · Pittsburgh, PA · $263M100%
At year end, Millbank Dartmoor Portsmouth’s separately managed accounts were largely in stocks (49%) and cash (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $176M across 2 positions; the largest are State Str SPDR S&P 500 ETF T (97.7%) and iShares Bitcoin Trust ETF (2.3%).
What the accounts hold
- Stocks49%
- Cash14%
- Other37%
- Derivatives37%
Reported 13F holdings
- $176M
- Reported 13F value
- 2
- Positions
- 100.0%
- In the 10 largest
- +14.3%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit97.7%
- iShares Bitcoin Trust ETF · Shs Ben Int2.3%
Together, the ten largest are 100.0% of reported value.
What services does Millbank Dartmoor Portsmouth offer?
Millbank Dartmoor Portsmouth provides portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Millbank Dartmoor Portsmouth use?
Millbank Dartmoor Portsmouth’s separately managed account assets are held at Bank of New York Mellon (Pittsburgh, PA), with $263M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Millbank Dartmoor Portsmouth have?
Millbank Dartmoor Portsmouth has 0 investment adviser representatives registered with state securities authorities, out of 3 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 Millbank Dartmoor Portsmouth invest in?
At the end of its last fiscal year, Millbank Dartmoor Portsmouth’s separately managed accounts held 49% exchange-traded equities, 37% derivatives and 14% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Millbank Dartmoor Portsmouth?
Millbank Dartmoor Portsmouth’s direct owners are Dennis Davitt (50% to 75%), Michael McCarty (10% to 25%), Galaxy Group Funding Eci U LLC (10% to 25%) and Six Tav So LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Millbank Dartmoor Portsmouth get paid?
Millbank Dartmoor Portsmouth 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 Millbank Dartmoor Portsmouth?
Millbank Dartmoor Portsmouth’s main office is at 22 South Pack Square, Suite 401, Asheville, NC 28801. Its phone number is 828-499-7222. Its website is mdpvol.com.