{"url":"https://nivawealth.com/firms/performa-limited-us-154232","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154232","regulatoryAum":4491173031,"crd":"154232","history":[{"filedOn":"2021-03-23","regulatoryAum":2022552950,"clients":15,"employees":16,"offices":2},{"filedOn":"2022-03-29","regulatoryAum":2427819813,"clients":23,"employees":15,"offices":2},{"filedOn":"2023-03-23","regulatoryAum":2876679894,"clients":27,"employees":15,"offices":2},{"filedOn":"2024-04-24","regulatoryAum":3375104696,"clients":29,"employees":16,"offices":2},{"filedOn":"2025-03-24","regulatoryAum":3723163302,"clients":37,"employees":15,"offices":2},{"filedOn":"2026-07-22","regulatoryAum":4491173031,"clients":47,"employees":18,"offices":2}],"secFileNumber":"801-76943","legalName":"Performa Limited (US), LLC","displayName":"Performa Limited (US)","slug":"performa-limited-us-154232","website":"https://performaltd.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/performaltd//","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1080 Morrison Drive, Suite 120","city":"Charleston","state":"SC","stateName":"South Carolina","country":"United States","postalCode":"29403"},"tradeNames":[],"registration":{"secApproved":"23 July 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":18,"advisory":7,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":4491173031,"discretionary":4491173031,"discretionaryAccounts":168,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":15,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":7,"regulatoryAum":2225729108},{"label":"Insurance companies","clients":40,"regulatoryAum":2265443923}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"State Street Custodial Services (Ireland) LTD.","shortName":"State Street Custodial Services (Ireland)","location":"Dublin","smaAssets":467567413},{"name":"Comerica Bank","shortName":"Comerica Bank","location":"Dallas, TX","smaAssets":566373791},{"name":"U.S. Bank","shortName":"U.S. Bank","location":"Hartford, CT","smaAssets":232013614},{"name":"Wilmington Trust Company","shortName":"Wilmington Trust","location":"Wilmington, DE","smaAssets":241012208}],"custodyNote":"Performa Limited (US) has custody of $320M for 43 clients.","otherCustodians":[],"leadership":[{"name":"David Kilborn","title":"Managing Member, Chief Investment Officer & President","crd":"2314307"},{"name":"Kathy Cavaco","title":"Chief Compliance Officer","crd":"4413767"},{"name":"Sandi Prescott","title":"Head of Client Service","crd":"6061514"},{"name":"Jason Golder","title":"Portfolio Manager","crd":"6063578"},{"name":"Scott McIntyre","title":"Portfolio Manager","crd":"2791508"},{"name":"Robert Mildrum","title":"Economic & Macro Quantitative Strategist","crd":"5110420"}],"ownership":[{"label":"David Kilborn","detail":"Managing member, chief investment officer & president in the 50% to 75% ownership band and a control person, since April 2010."},{"label":"Kathy Cavaco","detail":"Chief compliance officer in the 5% to 10% ownership band and a control person, since August 2012."},{"label":"Jason Golder","detail":"Portfolio manager in the 5% to 10% ownership band and a control person, since August 2012."},{"label":"Scott McIntyre","detail":"Portfolio manager in the 5% to 10% ownership band and a control person, since August 2012."},{"label":"Robert Mildrum","detail":"Economic & macro quantitative strategist in the 5% to 10% ownership band and a control person, since September 2013."},{"label":"Sandi Prescott","detail":"Head of client service in the 5% to 10% ownership band and a control person, since April 2013."},{"label":"Performa Limited Holdings, L.P.","detail":"De limited partnership in the 25% to 50% ownership band and a control person, since August 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"South Carolina","offices":1,"addresses":[{"street":"1080 Morrison Drive, Suite 120","city":"Charleston","headquarters":true}]},{"state":"Vermont","offices":1,"addresses":[{"street":"60 Lake Street","city":"Burlington"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"843-297-4940","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":58},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":22},{"label":"Securities issued by registered investment companies or business development companies","percent":16},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":2},"sources":{"adv1FilingDate":"22 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154232/PDF/154232.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Performa Limited (US) have?","answer":"Performa Limited (US) has 47 clients and manages $4.49 billion for them, as of July 2026. They include 40 insurance companies and 7 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Performa Limited (US) offer?","answer":"Performa Limited (US) provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","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 Performa Limited (US) use?","answer":"Performa Limited (US)’s separately managed account assets are held at Comerica Bank (Dallas, TX), with $566M, State Street Custodial Services (Ireland) LTD. (Dublin), with $468M, Wilmington Trust Company (Wilmington, DE), with $241M and U.S. Bank (Hartford, CT), with $232M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Performa Limited (US) have?","answer":"Performa Limited (US) has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 7 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 Performa Limited (US) invest in?","answer":"At the end of its last fiscal year, Performa Limited (US)’s separately managed accounts held 58% U.S. government and agency bonds, 22% investment grade corporate bonds, 16% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 1% state and local bonds. 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 Performa Limited (US)?","answer":"Performa Limited (US)’s direct owners are David Kilborn (50% to 75%), Kathy Cavaco (5% to 10%), Jason Golder (5% to 10%), Scott McIntyre (5% to 10%), Robert Mildrum (5% to 10%), Sandi Prescott (5% to 10%) and Performa Limited Holdings, L.P. (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 22 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Performa Limited (US) get paid?","answer":"Performa Limited (US) 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Performa Limited (US)?","answer":"Performa Limited (US)’s main office is at 1080 Morrison Drive, Suite 120, Charleston, SC 29403. Its phone number is 843-297-4940. Its website is performaltd.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/performa-limited-us-154232/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-03","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1650303/000165030326000004/0001650303-26-000004-index.html","totalValue":619666544,"positionCount":49,"top10Share":0.9289342156254929,"top10":[{"issuer":"VANGUARD 500 IDX ETF","titleOfClass":"ETF","cusip":"922908363","value":137217083,"shares":199789,"shareType":"SH","priorValue":117974297,"priorShares":197430},{"issuer":"ISHARES:RUSS MID-CAP","titleOfClass":"ETF","cusip":"464287499","value":124001886,"shares":1124020,"shareType":"SH","priorValue":19339144,"priorShares":198901},{"issuer":"VANGUARD MD-CP I ETF","titleOfClass":"ETF","cusip":"922908629","value":75769237,"shares":940415,"shareType":"SH","priorValue":71636764,"priorShares":249449},{"issuer":"STATE STREET SPDR S&P500","titleOfClass":"ETF","cusip":"78462F103","value":71911711,"shares":96297,"shareType":"SH","priorValue":53025472,"priorShares":81535},{"issuer":"XTRACKERS USD HY CORP BD","titleOfClass":"ETF","cusip":"233051432","value":58748921,"shares":1608678,"shareType":"SH","priorValue":59321492,"priorShares":1640528},{"issuer":"VANGUARD FTSE XUS ETF","titleOfClass":"ETF","cusip":"922042775","value":44661902,"shares":533277,"shareType":"SH","priorValue":38887756,"priorShares":517813},{"issuer":"VANGUARD SC V I ETF","titleOfClass":"ETF","cusip":"922908611","value":26994111,"shares":111091,"shareType":"SH","priorValue":21410639,"priorShares":98553},{"issuer":"INVESCO S&P500 EWGHT","titleOfClass":"ETF","cusip":"46137V357","value":15328544,"shares":72043,"shareType":"SH","priorValue":13379127,"priorShares":69712},{"issuer":"VANGUARD SC G ID ETF","titleOfClass":"ETF","cusip":"922908595","value":11614266,"shares":31759,"shareType":"SH","priorValue":9588277,"priorShares":31723},{"issuer":"ISHARES:CORE S&P SM-CP","titleOfClass":"ETF","cusip":"464287804","value":9381794,"shares":63258,"shareType":"SH","priorValue":8250455,"priorShares":66370}],"positionsListed":49,"positions":[{"issuer":"VANGUARD 500 IDX ETF","titleOfClass":"ETF","cusip":"922908363","value":137217083,"shares":199789,"shareType":"SH","priorValue":117974297,"priorShares":197430},{"issuer":"ISHARES:RUSS MID-CAP","titleOfClass":"ETF","cusip":"464287499","value":124001886,"shares":1124020,"shareType":"SH","priorValue":19339144,"priorShares":198901},{"issuer":"VANGUARD MD-CP I ETF","titleOfClass":"ETF","cusip":"922908629","value":75769237,"shares":940415,"shareType":"SH","priorValue":71636764,"priorShares":249449},{"issuer":"STATE STREET SPDR S&P500","titleOfClass":"ETF","cusip":"78462F103","value":71911711,"shares":96297,"shareType":"SH","priorValue":53025472,"priorShares":81535},{"issuer":"XTRACKERS USD HY CORP BD","titleOfClass":"ETF","cusip":"233051432","value":58748921,"shares":1608678,"shareType":"SH","priorValue":59321492,"priorShares":1640528},{"issuer":"VANGUARD FTSE XUS ETF","titleOfClass":"ETF","cusip":"922042775","value":44661902,"shares":533277,"shareType":"SH","priorValue":38887756,"priorShares":517813},{"issuer":"VANGUARD SC V I ETF","titleOfClass":"ETF","cusip":"922908611","value":26994111,"shares":111091,"shareType":"SH","priorValue":21410639,"priorShares":98553},{"issuer":"INVESCO S&P500 EWGHT","titleOfClass":"ETF","cusip":"46137V357","value":15328544,"shares":72043,"shareType":"SH","priorValue":13379127,"priorShares":69712},{"issuer":"VANGUARD SC G ID ETF","titleOfClass":"ETF","cusip":"922908595","value":11614266,"shares":31759,"shareType":"SH","priorValue":9588277,"priorShares":31723},{"issuer":"ISHARES:CORE S&P SM-CP","titleOfClass":"ETF","cusip":"464287804","value":9381794,"shares":63258,"shareType":"SH","priorValue":8250455,"priorShares":66370},{"issuer":"INVESCO S&P 500 QUAL","titleOfClass":"ETF","cusip":"46137V241","value":8729846,"shares":96887,"shareType":"SH","priorValue":7588226,"priorShares":100923},{"issuer":"ISHARES:MSCI USA QF","titleOfClass":"ETF","cusip":"46432F339","value":8584362,"shares":39117,"shareType":"SH","priorValue":7380657,"priorShares":38499},{"issuer":"INVESCO QQQ TRUST 1","titleOfClass":"ETF","cusip":"46090E103","value":5891200,"shares":8000,"shareType":"SH"},{"issuer":"ISHARES:MSCI JAPAN","titleOfClass":"ETF","cusip":"46434G822","value":3780326,"shares":40531,"shareType":"SH","priorValue":3404874,"priorShares":40323},{"issuer":"SS SPDR S&P SFTWRE & SVC","titleOfClass":"ETF","cusip":"78464A599","value":3779772,"shares":22000,"shareType":"SH","priorValue":3841830,"priorShares":27000},{"issuer":"VANECK:FA HIGH YLD BOND","titleOfClass":"ETF","cusip":"92189F437","value":3623216,"shares":123913,"shareType":"SH","priorValue":3423912,"priorShares":119217},{"issuer":"VANGUARD TSM IDX ETF","titleOfClass":"ETF","cusip":"922908769","value":2960320,"shares":8000,"shareType":"SH"},{"issuer":"ISHARES:RUSS 2000 VL ETF","titleOfClass":"ETF","cusip":"464287630","value":2451781,"shares":11084,"shareType":"SH","priorValue":2274890,"priorShares":11999},{"issuer":"SS SPDR S&P DIVIDEND","titleOfClass":"ETF","cusip":"78464A763","value":1438862,"shares":9455,"shareType":"SH"},{"issuer":"ISHARES:RUSSELL 3000","titleOfClass":"ETF","cusip":"464287689","value":1066000,"shares":2500,"shareType":"SH"},{"issuer":"ISHARES:RUSS MC GR","titleOfClass":"ETF","cusip":"464287481","value":654160,"shares":4468,"shareType":"SH","priorValue":571800,"priorShares":4463},{"issuer":"LESLIE'S INC-NEW","titleOfClass":"COM","cusip":"527064208","value":585655,"shares":57700,"shareType":"SH","priorValue":165760,"priorShares":148000},{"issuer":"OATLY GROUP AB","titleOfClass":"COM","cusip":"67421J207","value":106590,"shares":11400,"shareType":"SH","priorValue":102414,"priorShares":10100},{"issuer":"ADOBE INC","titleOfClass":"COM","cusip":"00724F101","value":56381,"shares":275,"shareType":"SH","priorValue":34031,"priorShares":140},{"issuer":"ASANA INC - CL A","titleOfClass":"COM","cusip":"04342Y104","value":47425,"shares":6775,"shareType":"SH","priorValue":39680,"priorShares":6200},{"issuer":"ZOOMINFO TECHNOLOGIES INC","titleOfClass":"COM","cusip":"98980F104","value":46880,"shares":16000,"shareType":"SH","priorValue":13455,"priorShares":2250},{"issuer":"SHUTTERSTOCK INC","titleOfClass":"COM","cusip":"825690100","value":44026,"shares":3156,"shareType":"SH","priorValue":30313,"priorShares":1825},{"issuer":"DENTSPLY SIRONA INC","titleOfClass":"COM","cusip":"24906P109","value":32891,"shares":3100,"shareType":"SH","priorValue":35960,"priorShares":3100},{"issuer":"BLACKBAUD INC","titleOfClass":"COM","cusip":"09227Q100","value":25918,"shares":875,"shareType":"SH","priorValue":7722,"priorShares":200},{"issuer":"DOCUSIGN, INC.","titleOfClass":"COM","cusip":"256163106","value":22210,"shares":500,"shareType":"SH","priorValue":20149,"priorShares":425},{"issuer":"MARAVAI LIFESCIENCES HLDGS-A","titleOfClass":"COM","cusip":"56600D107","value":12480,"shares":2000,"shareType":"SH","priorValue":7783,"priorShares":2750},{"issuer":"PEDIATRIX MEDICAL GROUP INC","titleOfClass":"COM","cusip":"58502B106","value":11829,"shares":467,"shareType":"SH","priorValue":9989,"priorShares":467},{"issuer":"PAYSAFE LTD","titleOfClass":"COM","cusip":"G6964L206","value":11579,"shares":1550,"shareType":"SH","priorValue":9963,"priorShares":1463},{"issuer":"EXXON MOBIL CORP","titleOfClass":"COM","cusip":"30231G102","value":10254,"shares":75,"shareType":"SH","priorValue":12725,"priorShares":75},{"issuer":"PAYPAL HOLDINGS INC","titleOfClass":"COM","cusip":"70450Y103","value":7384,"shares":171,"shareType":"SH","priorValue":9046,"priorShares":200},{"issuer":"TILRAY BRANDS INC","titleOfClass":"COM","cusip":"88688T209","value":7184,"shares":1600,"shareType":"SH"},{"issuer":"VAREX IMAGING CORP","titleOfClass":"COM","cusip":"92214X106","value":6258,"shares":600,"shareType":"SH","priorValue":6366,"priorShares":600},{"issuer":"SONOS INC","titleOfClass":"COM","cusip":"83570H108","value":6210,"shares":459,"shareType":"SH","priorValue":6151,"priorShares":459},{"issuer":"ASPEN AEROGELS INC","titleOfClass":"COM","cusip":"04523Y105","value":5072,"shares":800,"shareType":"SH"},{"issuer":"JELD-WEN HOLDING INC","titleOfClass":"COM","cusip":"47580P103","value":5025,"shares":3350,"shareType":"SH","priorValue":8680,"priorShares":7000},{"issuer":"UIPATH INC - CLASS A","titleOfClass":"COM","cusip":"90364P105","value":4892,"shares":450,"shareType":"SH","priorValue":4262,"priorShares":384},{"issuer":"PURE STORAGE INC - CLASS A","titleOfClass":"COM","cusip":"74624M102","value":4727,"shares":60,"shareType":"SH","priorValue":3542,"priorShares":60},{"issuer":"SALLY BEAUTY HOLDINGS INC","titleOfClass":"COM","cusip":"79546E108","value":4596,"shares":325,"shareType":"SH","priorValue":4501,"priorShares":325},{"issuer":"GETTY IMAGES HOLDINGS INC","titleOfClass":"COM","cusip":"374275105","value":3010,"shares":3500,"shareType":"SH","priorValue":2777,"priorShares":3500},{"issuer":"CLARIVATE PLC","titleOfClass":"COM","cusip":"G21810109","value":2700,"shares":1250,"shareType":"SH","priorValue":10626,"priorShares":4200},{"issuer":"ORSTED A/S -UNSP ADR","titleOfClass":"COM","cusip":"68750L102","value":2232,"shares":300,"shareType":"SH","priorValue":2928,"priorShares":361},{"issuer":"ORION SA","titleOfClass":"COM","cusip":"L72967109","value":1333,"shares":201,"shareType":"SH","priorValue":4550,"priorShares":700},{"issuer":"RETRACTABLE TECHNOLOGIES INC","titleOfClass":"COM","cusip":"76129W105","value":1260,"shares":1750,"shareType":"SH","priorValue":1158,"priorShares":1750},{"issuer":"VISTAGEN THERAPEUTICS INC","titleOfClass":"COM","cusip":"92840H400","value":1243,"shares":5500,"shareType":"SH","priorValue":4286,"priorShares":7500}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva 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."}