{"url":"https://nivawealth.com/firms/parvus-asset-management-jersey-limited-174027","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/174027","regulatoryAum":11309414000,"crd":"174027","secFileNumber":"801-80824","legalName":"Parvus Asset Management Jersey Limited","displayName":"Parvus Asset Management Jersey Limited","website":null,"founded":null,"organization":"other (specify) organized in Jersey","fiscalYearEnd":"March","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"13 January 2015","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":11309414000,"discretionaryAccounts":16,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":94,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":6,"regulatoryAum":6105445000},{"label":"Charitable organizations","clients":8,"regulatoryAum":3543977000},{"label":"State or municipal government entities","clients":1,"regulatoryAum":1190695000},{"label":"Other","clients":1,"regulatoryAum":469297000}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"HSBC Bank PLC","shortName":"HSBC Bank PLC","location":"London","smaAssets":3549828000},{"name":"Citigroup Global Markets Limited","shortName":"Citigroup Global Markets Limited","location":"London","smaAssets":653001000}],"custodyNote":"Parvus Asset Management Jersey Limited has custody of $10.83B for 13 clients.","otherCustodians":[],"leadership":[{"name":"Lucy Sparks","title":"Chief Compliance Officer","crd":"8064706"},{"name":"Edoardo Mercadante","title":"Director/CEO","crd":"4519606"},{"name":"Rahul Moodgal","title":"Director","crd":"5072449"},{"name":"Nicholas Watkins","title":"Director","crd":"6583657"}],"ownership":[{"label":"Tci Fund Services (finance) LLP","detail":"Shareholder in the 10% to 25% ownership band, since September 2024."},{"label":"Parvus Jersey Holdings Limited","detail":"Shareholder in the 75% or more ownership band and a control person, since September 2024."},{"label":"Tci Fund Services (uk) Limited","detail":"Indirect owner: a owner of Tci Fund Services (finance) LLP in the 75% or more band and a control person, since September 2024.","parent":"Tci Fund Services (finance) LLP"},{"label":"Tci Fund Holdings Limited","detail":"Indirect owner: a owner of Tci Fund Services (uk) Limited in the 75% or more band and a control person, since September 2024.","parent":"Tci Fund Services (uk) Limited"},{"label":"The Children'S Investment Fund Management (cayman) Limited","detail":"Indirect owner: a owner of Tci Fund Holdings Limited in the 75% or more band and a control person, since September 2024.","parent":"Tci Fund Holdings Limited"},{"label":"Edoardo Mercadante","detail":"Indirect owner: a owner of Parvus Jersey Holdings Limited in the 75% or more band and a control person, since September 2024.","parent":"Parvus Jersey Holdings Limited"},{"label":"Christopher Hohn","detail":"Indirect owner: a owner of The Children'S Investment Fund Management (cayman) Limited in the 75% or more band and a control person, since September 2024.","parent":"The Children'S Investment Fund Management (cayman) Limited"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"441534680959","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":51},{"label":"Derivatives","percent":3},{"label":"Cash and cash equivalents","percent":45},{"label":"Other","percent":1,"detail":"Typically Includes Amounts Due From Broker, Interest Receivable, Accrued Swap Interest, Rebates Receivable and Prepaid Expenses."}],"privateFunds":2},"sources":{"adv1FilingDate":"29 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/174027/PDF/174027.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Parvus Asset Management Jersey Limited have?","answer":"Parvus Asset Management Jersey Limited has 16 clients and manages $11.3 billion for them, as of June 2026. They include 8 charitable organizations, 6 pooled investment vehicles and 1 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Parvus Asset Management Jersey Limited offer?","answer":"Parvus Asset Management Jersey Limited provides portfolio management for pooled vehicles and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Parvus Asset Management Jersey Limited use?","answer":"Parvus Asset Management Jersey Limited’s separately managed account assets are held at HSBC Bank PLC (London), with $3,549,828,000 and Citigroup Global Markets Limited (London), with $653,001,000. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Parvus Asset Management Jersey Limited have?","answer":"Parvus Asset Management Jersey Limited has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Parvus Asset Management Jersey Limited invest in?","answer":"At the end of its last fiscal year, Parvus Asset Management Jersey Limited’s separately managed accounts held 51% exchange-traded equities, 45% cash and equivalents, 3% derivatives and 1% typically includes amounts due from broker, interest receivable, accrued swap interest, rebates receivable and prepaid expenses.. It advises 2 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Parvus Asset Management Jersey Limited?","answer":"Parvus Asset Management Jersey Limited is owned through a chain of holding companies by Edoardo Mercadante and Christopher Hohn. Its direct owners are Tci Fund Services (finance) LLP (10% to 25%) and Parvus Jersey Holdings Limited (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 29 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Parvus Asset Management Jersey Limited get paid?","answer":"Parvus Asset Management Jersey Limited 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/parvus-asset-management-jersey-limited-174027/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2061470/000206147026000007/0002061470-26-000007-index.html","totalValue":1552097267,"positionCount":1,"top10Share":1,"top10":[{"issuer":"FLUTTER ENTMT PLC","titleOfClass":"SHS","cusip":"G3643J108","value":1552097267,"shares":15191321,"shareType":"SH","priorValue":1184164339,"priorShares":11615148}],"positionsListed":1,"positions":[{"issuer":"FLUTTER ENTMT PLC","titleOfClass":"SHS","cusip":"G3643J108","value":1552097267,"shares":15191321,"shareType":"SH","priorValue":1184164339,"priorShares":11615148}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}