Philosophy Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 4 private funds.
Philosophy Capital Management reports 5 clients. They include 4 pooled investment vehicles and 1 charitable organization. Of its assets, 100.0% ($1.66B across 5 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 80% | 91% |
| Charitable organizations | 20% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 4 | $1.52B | 91.1% | $379M |
| Charitable organizations | 1 | $148M | 8.9% | $148M |
| Total | 5 | $1.66B | 100% | $333M |
- Clients
- 4
- Regulatory AUM
- $1.52B
- AUM share
- 91.1%
- Avg. per client
- $379M
- Clients
- 1
- Regulatory AUM
- $148M
- AUM share
- 8.9%
- Avg. per client
- $148M
Total
- Clients
- 5
- Regulatory AUM
- $1.66B
- AUM share
- 100%
- Avg. per client
- $333M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 4
Philosophy Capital Management is paid through a percentage of assets under management, performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Jacob Rubin owns 75% or more of Philosophy Capital Management. The leadership team of Philosophy Capital Management includes Chief Financial Officer Yedi Wong. It has 8 employees, 4 of them in advisory roles.
Leadership
- Yedi WongChief Financial Officer; Chief Compliance Officer
- Jacob RubinManaging Member
Staff
- 8 employees
- 4 in advisory functions
- Owns 75% or more of Philosophy Capital Management LLC
Jacob Rubin
Control person · since April 2019
Philosophy Capital Management’s regulatory assets grew 9.8× from $169M (March 2021) to $1.66B (March 2026); clients rose from 2 to 5 and employees from 4 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.66B | 5 | 8 | 1 |
| May 2025 | $1.57B | 5 | 8 | 1 |
| March 2024 | $1.18B | 4 | 8 | 1 |
| March 2023 | $936M | 4 | 7 | 1 |
| March 2022 | $536M | 4 | 7 | 1 |
| March 2021 | $169M | 2 | 4 | 1 |
Besides its headquarters, Philosophy Capital Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 3201 Danville Boulevard, Suite 100, AlamoHQ
Contact and registration details
- Legal name
- Philosophy Capital Management LLC
- Headquarters
- 3201 Danville Boulevard, Suite 100, Alamo, CA 94507
- Website
- philosophycap.com
- Phone
- 415-433-2010
- @philosophy-capital
- SEC file
- 801-120367
- Structure
- Delaware LLC
- Fiscal year end
- December
Philosophy Capital Management uses Goldman Sachs & Co. ($116M, 82%) and Fidelity ($25.4M, 18%) as custodians for its separately managed accounts. Philosophy Capital Management has custody of $771M in client assets for 2 clients.
- Goldman Sachs & Co.Goldman Sachs & Co. LLC · New York, NY · $116M82%
- FidelityNational Financial Services LLC · Boston, MA · $25.4M18%
At year end, Philosophy Capital Management’s separately managed accounts were mostly in stocks (61%) and cash (32%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.12B across 46 positions; the largest are Invesco Qqq TR (put option) (19.1%), iShares TR (put option) (14.2%) and State Str SPDR S&P 500 ETF T (put option) (14.1%).
What the accounts hold
- Stocks61%
- Exchange-traded equities60%
- Non-exchange-traded equities1%
- Bonds2%
- Cash32%
- Other5%
- Term loans4%
- Derivatives1%
Reported 13F holdings
- $2.12B
- Reported 13F value
- 46
- Positions
- 65.0%
- In the 10 largest
- +29.7%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 1Put19.1%
- iShares TR · Russell 2000 ETFPut14.2%
- State Str SPDR S&P 500 ETF T · TR UnitPut14.1%
- Compass Inc. · CL A3.9%
- Golar Lng Ltd2.4%
- Corecivic Inc.2.4%
- Galaxy Digital Inc.. · CL A2.3%
- Vistra Corp.2.3%
- Energy Transfer L P · Com UT Ltd Ptn2.2%
- Star Bulk Carriers Corp.. · Shs Par2.1%
Together, the ten largest are 65.0% of reported value.
How many clients does Philosophy Capital Management have?
Philosophy Capital Management has 5 clients and manages $1.66 billion for them, as of March 2026. They include 4 pooled investment vehicles and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Philosophy Capital Management offer?
Philosophy Capital Management provides 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 Philosophy Capital Management use?
Philosophy Capital Management’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $116M and National Financial Services LLC (Boston, MA), with $25.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Philosophy Capital Management have?
Philosophy Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 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 Philosophy Capital Management invest in?
At the end of its last fiscal year, Philosophy Capital Management’s separately managed accounts held 60% exchange-traded equities, 32% cash and equivalents, 4% other, 2% high-yield corporate bonds, 1% non-exchange-traded equities and 1% derivatives. The 4% other category is described as: Term Loans. It advises 4 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 Philosophy Capital Management?
Philosophy Capital Management’s direct owner is Jacob Rubin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Philosophy Capital Management get paid?
Philosophy Capital Management is paid through a percentage of assets under management, performance-based fees and other compensation. 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
How do I contact Philosophy Capital Management?
Philosophy Capital Management’s main office is at 3201 Danville Boulevard, Suite 100, Alamo, CA 94507. Its phone number is 415-433-2010. Its website is philosophycap.com.