{"url":"https://nivawealth.com/firms/segra-capital-management-167306","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/167306","regulatoryAum":820702218,"crd":"167306","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5213706","suffix":null,"lastName":"RODMAN","firstName":"ADAM","middleName":"ROBERT"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-03-29","regulatoryAum":264456867,"clients":2,"employees":3,"offices":2},{"filedOn":"2024-06-10","regulatoryAum":449934736,"clients":2,"employees":3,"offices":2},{"filedOn":"2025-05-27","regulatoryAum":532560831,"clients":3,"employees":5,"offices":2},{"filedOn":"2026-03-30","regulatoryAum":820702218,"clients":5,"employees":5,"offices":2}],"secFileNumber":"801-126256","legalName":"Segra Capital Management, LLC","displayName":"Segra Capital Management","slug":"segra-capital-management-167306","website":"https://segracapital.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/167306/1f36341aad4259d2-r1.webp","tone":"light","width":817,"height":200,"sourceUrl":"https://segracapital.com/","sourceLabel":"Segra Capital Management, LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/segra-capital-management-llc/","founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"250 Royal Palm Way, Suite 304","city":"Palm Beach","state":"FL","stateName":"Florida","country":"United States","postalCode":"33480"},"tradeNames":[],"registration":{"secApproved":"30 August 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":820702218,"discretionary":820702218,"discretionaryAccounts":5,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":20,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":820702218}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Segra Capital Management has custody of client assets.","leadership":[{"name":"Adam Rodman","title":"Member, Chief Executive Officer, Chief Investment Officer","crd":"5213706"},{"name":"Michael Fabiano","title":"Chief Financial Officer, Chief Operating Officer, Chief Compliance Officer","crd":"6168888"},{"name":"Arthur Hyde","title":"Co-Portfolio Member","crd":"5428251"}],"ownership":[{"label":"Adam Rodman","detail":"Member, chief executive officer, chief investment officer in the 75% or more ownership band and a control person, since March 2013."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"250 Royal Palm Way, Suite 304","city":"Palm Beach","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"7 Pondfield Road","city":"Bronxville"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-890-9127","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":5},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/167306/PDF/167306.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 Segra Capital Management have?","answer":"Segra Capital Management has 5 clients and manages $821 million for them, as of March 2026. They include 5 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Segra Capital Management offer?","answer":"Segra Capital Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Segra Capital Management have?","answer":"Segra Capital Management has 1 investment adviser representative registered with state securities authorities, out of 5 employees, and 3 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":"Who owns Segra Capital Management?","answer":"Segra Capital Management’s direct owner is Adam Rodman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Segra Capital Management get paid?","answer":"Segra Capital Management 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"}},{"question":"Is Segra Capital Management registered with the SEC?","answer":"Yes, Segra Capital Management has been registered with the SEC as an investment adviser since 30 August 2022. Its CRD number is 167306 and its SEC file number is 801-126256.","source":"Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Segra Capital Management?","answer":"Segra Capital Management’s main office is at 250 Royal Palm Way, Suite 304, Palm Beach, FL 33480. Its phone number is 561-890-9127. Its website is segracapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/segra-capital-management-167306/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-12","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1607512/000160751226000007/0001607512-26-000007-index.html","totalValue":495634661,"positionCount":10,"top10Share":1,"top10":[{"issuer":"X-ENERGY INC","titleOfClass":"COM CL A","cusip":"98386P102","value":265774476,"shares":14475734,"shareType":"SH"},{"issuer":"VISTRA CORP","titleOfClass":"COM","cusip":"92840M102","value":46947500,"shares":295956,"shareType":"SH"},{"issuer":"AMENTUM HOLDINGS INC","titleOfClass":"COM","cusip":"023939101","value":42123186,"shares":2037890,"shareType":"SH"},{"issuer":"CONSTELLATION ENERGY CORP","titleOfClass":"COM","cusip":"21037T109","value":31801295,"shares":128040,"shareType":"SH"},{"issuer":"DUKE ENERGY CORP NEW","titleOfClass":"COM NEW","cusip":"26441C204","value":31645000,"shares":250000,"shareType":"SH","putCall":"Put"},{"issuer":"CONSTELLATION ENERGY CORP","titleOfClass":"COM","cusip":"21037T109","value":24837000,"shares":100000,"shareType":"SH","putCall":"Call"},{"issuer":"NRG ENERGY INC","titleOfClass":"COM NEW","cusip":"629377508","value":18987800,"shares":130000,"shareType":"SH"},{"issuer":"FLOWSERVE CORP","titleOfClass":"COM","cusip":"34354P105","value":16508016,"shares":222600,"shareType":"SH"},{"issuer":"TERRA INNOVATUM GLOBAL NV","titleOfClass":"ORD SHS","cusip":"N85083108","value":12876388,"shares":2617152,"shareType":"SH"},{"issuer":"AMENTUM HOLDINGS INC","titleOfClass":"COM","cusip":"023939101","value":4134000,"shares":200000,"shareType":"SH","putCall":"Call"}],"positionsListed":10,"positions":[{"issuer":"X-ENERGY INC","titleOfClass":"COM CL A","cusip":"98386P102","value":265774476,"shares":14475734,"shareType":"SH"},{"issuer":"VISTRA CORP","titleOfClass":"COM","cusip":"92840M102","value":46947500,"shares":295956,"shareType":"SH"},{"issuer":"AMENTUM HOLDINGS INC","titleOfClass":"COM","cusip":"023939101","value":42123186,"shares":2037890,"shareType":"SH"},{"issuer":"CONSTELLATION ENERGY CORP","titleOfClass":"COM","cusip":"21037T109","value":31801295,"shares":128040,"shareType":"SH"},{"issuer":"DUKE ENERGY CORP NEW","titleOfClass":"COM NEW","cusip":"26441C204","value":31645000,"shares":250000,"shareType":"SH","putCall":"Put"},{"issuer":"CONSTELLATION ENERGY CORP","titleOfClass":"COM","cusip":"21037T109","value":24837000,"shares":100000,"shareType":"SH","putCall":"Call"},{"issuer":"NRG ENERGY INC","titleOfClass":"COM NEW","cusip":"629377508","value":18987800,"shares":130000,"shareType":"SH"},{"issuer":"FLOWSERVE CORP","titleOfClass":"COM","cusip":"34354P105","value":16508016,"shares":222600,"shareType":"SH"},{"issuer":"TERRA INNOVATUM GLOBAL NV","titleOfClass":"ORD SHS","cusip":"N85083108","value":12876388,"shares":2617152,"shareType":"SH"},{"issuer":"AMENTUM HOLDINGS INC","titleOfClass":"COM","cusip":"023939101","value":4134000,"shares":200000,"shareType":"SH","putCall":"Call"}]},"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."}