Troluce Capital Advisors provides portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 5 private funds.
Troluce Capital Advisors reports 7 clients. They include 7 pooled investment vehicles. Of its assets, 100.0% ($2.24B across 8 accounts) are managed with discretion. Of its clients, 50% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | Fewer than 5 | 7% |
| Pooled investment vehicles | 100% | 93% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Fewer than 5 | $149M | 6.6% | — |
| Pooled investment vehicles | 7 | $2.09B | 93.4% | $299M |
| Total | 7 | $2.24B | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $149M
- AUM share
- 6.6%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $2.09B
- AUM share
- 93.4%
- Avg. per client
- $299M
Total
- Clients
- 7
- Regulatory AUM
- $2.24B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 50%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 5
Troluce Capital Advisors is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Jared Dubin owns 75% or more of Troluce Capital Advisors. The leadership team of Troluce Capital Advisors includes Chief Investment Officer Jared Dubin and Chief Operating Officer Michael Zecher. It has 5 employees, 3 of them in advisory roles.
Staff
- 5 employees
- 3 in advisory functions
- Owns 75% or more of Troluce Capital Advisors LLC
Jared Dubin
Control person · since January 2021
Troluce Capital Advisors’ regulatory assets grew 12.5× from $180M (June 2021) to $2.24B (May 2026); clients rose from 1 to 7 and employees from 1 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $2.24B | 7 | 5 | 2 |
| Jul 2025July 2025 | $1.48B | 7 | 5 | 2 |
| Jul 2024July 2024 | $449M | 6 | 5 | 2 |
| Aug 2023August 2023 | $238M | 3 | 4 | 2 |
| Mar 2022March 2022 | $285M | 1 | 1 | 1 |
| Jun 2021June 2021 | $180M | 1 | 1 | 1 |
Besides its headquarters, Troluce Capital Advisors has 1 office, with 2 listed addresses across 2 states.
New York · 1 listed address
- 155 East 44th Street, New York
Puerto Rico · 1 listed address
- Vista Plaza, Suite 204, Calle C, Lots 81-82, DoradoHQ
Contact and registration details
- Legal name
- Troluce Capital Advisors LLC
- Headquarters
- Vista Plaza, Suite 204, Calle C, Lots 81-82, Dorado, PR 00646
- Website
- Not reported
- Phone
- 646-347-8801
- @troluce-capital-advisors
- SEC file
- 801-127613
- Structure
- Puerto Rico LLC
- Fiscal year end
- December
Troluce Capital Advisors’ named custodian for separately managed accounts is Jefferies ($149M). Troluce Capital Advisors has custody of $1.98B for 6 clients.
- JefferiesJefferies LLC · New York, NY · $149M100%
At year end, Troluce Capital Advisors’ separately managed accounts were mostly in stocks (75%). Its reported 13F holdings for the quarter ended 30 June 2026 total $971M across 26 positions; the largest are iShares TR (put option) (30.9%), Space Exploration Techn Corp. (put option) (17.2%) and Echostar Corp. (call option) (8.9%).
What the accounts hold
- Stocks75%
- Bonds9%
- Investment grade corporate bonds8%
- U.S. government and agency bonds1%
- Cash2%
- Other14%
- Derivatives14%
How many clients does Troluce Capital Advisors have?
Troluce Capital Advisors has 7 clients and manages $2.24 billion for them, as of May 2026. They include 7 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 May 2026
What services does Troluce Capital Advisors offer?
Troluce Capital Advisors 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 Troluce Capital Advisors use?
Troluce Capital Advisors’ separately managed account assets are held at Jefferies LLC (New York, NY), with $149M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 May 2026
How many financial advisors does Troluce Capital Advisors have?
Troluce Capital Advisors has 0 investment adviser representatives 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
What does Troluce Capital Advisors invest in?
At the end of its last fiscal year, Troluce Capital Advisors’ separately managed accounts held 75% exchange-traded equities, 14% derivatives, 8% investment grade corporate bonds, 2% cash and equivalents and 1% U.S. government and agency bonds. It advises 5 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 Troluce Capital Advisors?
Troluce Capital Advisors’ direct owner is Jared Dubin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 May 2026
How does Troluce Capital Advisors get paid?
Troluce Capital Advisors 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
How do I contact Troluce Capital Advisors?
Troluce Capital Advisors’ main office is at Vista Plaza, Suite 204, Calle C, Lots 81-82, Dorado, PR 00646. Its phone number is 646-347-8801.