{"url":"https://nivawealth.com/firms/softvest-advisors-300084","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/300084","regulatoryAum":788226856,"crd":"300084","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7022160","suffix":null,"lastName":"DANIEL","firstName":"JOHN","middleName":"MICHAEL"}],"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":"2021-03-31","regulatoryAum":297359271,"clients":7,"employees":8,"offices":3},{"filedOn":"2022-03-30","regulatoryAum":406565717,"clients":7,"employees":9,"offices":3},{"filedOn":"2023-06-28","regulatoryAum":686077582,"clients":6,"employees":8,"offices":3},{"filedOn":"2024-03-26","regulatoryAum":544212500,"clients":6,"employees":7,"offices":3},{"filedOn":"2025-03-27","regulatoryAum":783514493,"clients":6,"employees":7,"offices":3},{"filedOn":"2026-03-31","regulatoryAum":788226856,"clients":6,"employees":7,"offices":3}],"secFileNumber":"801-114671","legalName":"Softvest Advisors, LLC","displayName":"Softvest Advisors","slug":"softvest-advisors-300084","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"400 Pine Street, Suite 1010","city":"Abilene","state":"TX","stateName":"Texas","country":"United States","postalCode":"79601"},"tradeNames":[],"registration":{"secApproved":"19 February 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":7,"advisory":7,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":788226856,"discretionary":788226856,"discretionaryAccounts":6,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Pooled investment vehicles","clients":6,"regulatoryAum":788226856},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":0}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Softvest Advisors has custody of $788M in client assets for 6 clients.","otherCustodians":[],"leadership":[{"name":"Eric Oliver","title":"President and Managing Member","crd":"1780074"},{"name":"John Daniel","title":"Chief Compliance Officer and Chief Financial Officer","crd":"7022160"},{"name":"Kline Oliver","title":"Chief Trading/Risk Officer","crd":"7022224"}],"ownership":[{"label":"Softvest Advisors Holdings, LLC","detail":"Managing member in the 75% or more ownership band and a control person, since March 2019."},{"label":"Eric Oliver","detail":"Indirect owner: a president and managing member of Softvest Advisors Holdings, LLC in the 25% to 50% band and a control person, since March 2019.","parent":"Softvest Advisors Holdings, LLC"},{"label":"Kline Oliver","detail":"Indirect owner: a member of Softvest Advisors Holdings, LLC in the 25% to 50% band and a control person, since March 2019.","parent":"Softvest Advisors Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"480 Craighead Street","city":"Nashville"}]},{"state":"Texas","offices":2,"addresses":[{"street":"400 Pine Street, Suite 1010","city":"Abilene","headquarters":true},{"street":"6301 Gaston Ave. West Tower","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"325-677-6177","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[],"privateFunds":6},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/300084/PDF/300084.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 Softvest Advisors have?","answer":"Softvest Advisors has 6 clients and manages $788 million for them, as of March 2026. They include 6 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Softvest Advisors offer?","answer":"Softvest Advisors 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 Softvest Advisors have?","answer":"Softvest Advisors has 0 investment adviser representatives registered with state securities authorities, out of 7 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":"Who owns Softvest Advisors?","answer":"Softvest Advisors is owned through a holding company by Eric and Kline Oliver. Its direct owner is Softvest Advisors Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Softvest Advisors get paid?","answer":"Softvest Advisors is paid through a percentage of assets under management, fixed fees, 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Softvest Advisors?","answer":"Softvest Advisors’ main office is at 400 Pine Street, Suite 1010, Abilene, TX 79601. Its phone number is 325-677-6177.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/softvest-advisors-300084/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1803391/000142050626001802/0001420506-26-001802-index.html","totalValue":921062856,"positionCount":9,"top10Share":1,"top10":[{"issuer":"TEXAS PACIFIC LAND CORPORATI","titleOfClass":"COM","cusip":"88262P102","value":464817006,"shares":1062099,"shareType":"SH","priorValue":504029701,"priorShares":1062099},{"issuer":"TEXAS PACIFIC LAND CORPORATI","titleOfClass":"COM","cusip":"88262P102","value":210154728,"shares":480200,"shareType":"SH","putCall":"Put","priorValue":194142496,"priorShares":409100},{"issuer":"PERMIAN BASIN RTY TR","titleOfClass":"UNIT BEN INT","cusip":"714236106","value":155676359,"shares":6217107,"shareType":"SH","priorValue":133792143,"priorShares":6217107},{"issuer":"SPDR SERIES TRUST","titleOfClass":"SP O&G EXPL PRO","cusip":"78468R556","value":27766800,"shares":180000,"shareType":"SH","putCall":"Put","priorValue":32729400,"priorShares":180000},{"issuer":"ISHARES TR","titleOfClass":"20 YR TR BD ETF","cusip":"464287432","value":19183080,"shares":222800,"shareType":"SH","putCall":"Call"},{"issuer":"UNITED STS OIL FD LP","titleOfClass":"UNITS","cusip":"91232N207","value":15966000,"shares":150000,"shareType":"SH","putCall":"Put"},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":13815245,"shares":18500,"shareType":"SH","putCall":"Put"},{"issuer":"CROSS TIMBERS RTY TR","titleOfClass":"TR UNIT","cusip":"22757R109","value":8361638,"shares":924960,"shareType":"SH","priorValue":7383708,"priorShares":697893},{"issuer":"UNITED STS OIL FD LP","titleOfClass":"UNITS","cusip":"91232N207","value":5322000,"shares":50000,"shareType":"SH","putCall":"Call"}],"positionsListed":9,"positions":[{"issuer":"TEXAS PACIFIC LAND CORPORATI","titleOfClass":"COM","cusip":"88262P102","value":464817006,"shares":1062099,"shareType":"SH","priorValue":504029701,"priorShares":1062099},{"issuer":"TEXAS PACIFIC LAND CORPORATI","titleOfClass":"COM","cusip":"88262P102","value":210154728,"shares":480200,"shareType":"SH","putCall":"Put","priorValue":194142496,"priorShares":409100},{"issuer":"PERMIAN BASIN RTY TR","titleOfClass":"UNIT BEN INT","cusip":"714236106","value":155676359,"shares":6217107,"shareType":"SH","priorValue":133792143,"priorShares":6217107},{"issuer":"SPDR SERIES TRUST","titleOfClass":"SP O&G EXPL PRO","cusip":"78468R556","value":27766800,"shares":180000,"shareType":"SH","putCall":"Put","priorValue":32729400,"priorShares":180000},{"issuer":"ISHARES TR","titleOfClass":"20 YR TR BD ETF","cusip":"464287432","value":19183080,"shares":222800,"shareType":"SH","putCall":"Call"},{"issuer":"UNITED STS OIL FD LP","titleOfClass":"UNITS","cusip":"91232N207","value":15966000,"shares":150000,"shareType":"SH","putCall":"Put"},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":13815245,"shares":18500,"shareType":"SH","putCall":"Put"},{"issuer":"CROSS TIMBERS RTY TR","titleOfClass":"TR UNIT","cusip":"22757R109","value":8361638,"shares":924960,"shareType":"SH","priorValue":7383708,"priorShares":697893},{"issuer":"UNITED STS OIL FD LP","titleOfClass":"UNITS","cusip":"91232N207","value":5322000,"shares":50000,"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."}