{"url":"https://nivawealth.com/firms/thrive-capital-management-162771","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/162771","regulatoryAum":50492232840,"crd":"162771","secFileNumber":"801-122181","legalName":"Thrive Capital Management, LLC","displayName":"Thrive Capital Management","website":"http://thrivecap.com","linkedinUrl":"https://www.linkedin.com/company/thrive-capital/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"295 Lafayette Street, Suite 701","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10012-2722"},"tradeNames":[],"registration":{"secApproved":"10 September 2021","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":80,"advisory":33,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":50492232840,"discretionaryAccounts":54,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":6,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":54,"regulatoryAum":50492232840}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Thrive Capital Management has custody of $36.69B for 54 clients.","otherCustodians":[],"leadership":[{"name":"Ashwin Budhiraja","title":"Chief Financial Officer","crd":"7571364"},{"name":"Melissa Brandow","title":"Chief Compliance Officer","crd":"8031058"},{"name":"Jed Feldman","title":"Chief Legal Officer and Chief People Officer","crd":"6777070"},{"name":"Joshua Kushner","title":"Founder and CEO","crd":"5376606"},{"name":"Nabil Mallick","title":"Chief Operations Officer","crd":"4621166"},{"name":"Nitin Nohria","title":"Executive Chairman and Partner","crd":"7563496"}],"ownership":[{"label":"Thrive Capital Management Holdings, L.P.","detail":"Sole member in the 75% or more ownership band and a control person, since November 2020."},{"label":"Thrive Management Feeder, L.P.","detail":"Indirect owner: a limited partner of Thrive Capital Management Holdings, L.P. in the 75% or more band and a control person, since November 2020.","parent":"Thrive Capital Management Holdings, L.P."},{"label":"Thrive Capital Holdings, LLC","detail":"Indirect owner: general partner of Thrive Capital Management Holdings, L.P. and a control person, since November 2020. Also general partner of Thrive Management Feeder, L.P. and a control person, since November 2020.","parent":"Thrive Capital Management Holdings, L.P."},{"label":"Joshua Kushner","detail":"Indirect owner: a limited partner of Thrive Management Feeder, L.P. in the 75% or more band and a control person, since November 2020. Also managing member of Thrive Capital Holdings, LLC and a control person, since November 2020.","parent":"Thrive Management Feeder, L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"560 Davis Street","city":"San Francisco"}]},{"state":"Florida","offices":1,"addresses":[{"street":"1688 Meridian Avenue","city":"Miami Beach"}]},{"state":"New York","offices":1,"addresses":[{"street":"295 Lafayette Street, Suite 701","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-680-0240","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)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":54},"sources":{"adv1FilingDate":"6 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/162771/PDF/162771.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Thrive Capital Management have?","answer":"Thrive Capital Management has 54 clients and manages $50.5 billion for them, as of July 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Thrive Capital Management offer?","answer":"Thrive 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 Thrive Capital Management have?","answer":"Thrive Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 80 employees, and 33 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 Thrive Capital Management?","answer":"Thrive Capital Management is owned through a chain of holding companies by Joshua Kushner. Its direct owner is Thrive Capital Management Holdings, L.P. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Thrive Capital Management get paid?","answer":"Thrive 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"}}],"holdings":{"url":"https://nivawealth.com/firms/thrive-capital-management-162771/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1765681/000101297526000767/0001012975-26-000767-index.html","totalValue":3809888970,"positionCount":5,"top10Share":1,"top10":[{"issuer":"Space Exploration Techn Corp","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":3231681066,"shares":18914205,"shareType":"SH"},{"issuer":"Amazon Com Inc","titleOfClass":"COM","cusip":"023135106","value":215468417,"shares":904038,"shareType":"SH"},{"issuer":"Oscar Health Inc","titleOfClass":"CL A","cusip":"687793109","value":180919957,"shares":6343617,"shareType":"SH","priorValue":72761287,"priorShares":6343617},{"issuer":"Shopify Inc","titleOfClass":"CL A SUB VTG SHS","cusip":"82509L107","value":102284385,"shares":895817,"shareType":"SH","priorValue":106261813,"priorShares":895817},{"issuer":"Figma Inc","titleOfClass":"CLASS A COM STK","cusip":"316841105","value":79535145,"shares":4396636,"shareType":"SH","priorValue":92944885,"priorShares":4396636}],"positionsListed":5,"positions":[{"issuer":"Space Exploration Techn Corp","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":3231681066,"shares":18914205,"shareType":"SH"},{"issuer":"Amazon Com Inc","titleOfClass":"COM","cusip":"023135106","value":215468417,"shares":904038,"shareType":"SH"},{"issuer":"Oscar Health Inc","titleOfClass":"CL A","cusip":"687793109","value":180919957,"shares":6343617,"shareType":"SH","priorValue":72761287,"priorShares":6343617},{"issuer":"Shopify Inc","titleOfClass":"CL A SUB VTG SHS","cusip":"82509L107","value":102284385,"shares":895817,"shareType":"SH","priorValue":106261813,"priorShares":895817},{"issuer":"Figma Inc","titleOfClass":"CLASS A COM STK","cusip":"316841105","value":79535145,"shares":4396636,"shareType":"SH","priorValue":92944885,"priorShares":4396636}]},"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."}