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Voleon Capital Management

SEC-registered adviser since 2013Berkeley, CACRD 147443

$29.4B
AUM
22
Clients
See fees
Fee
28
Advisory staff

From Form ADV filed 10 July 2026 · data retrieved 15 October 2026SEC record

Voleon Capital Management is an investment adviser headquartered in Berkeley, California, and registered with the SEC since 2013. Its clients include pooled investment vehicles and sovereign wealth funds and foreign official institutions.

Its services include portfolio management for pooled vehicles and portfolio management for institutions. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. Michael Kharitonov owns 50% to 75% of Voleon Capital Management, and Michael Kharitonov is its CEO.

Clients

Voleon Capital Management serves 22 clients. The average client has about $1.34 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles22 clients89%
  • Sovereign wealth funds and foreign official institutions11%
Show client breakdown
Pooled investment vehicles
Clients
22
Regulatory AUM
$26,271,146,578
Share
89.4%
Avg. per client
$1.19B
Sovereign wealth funds and foreign official institutions
Clients
Not reported
Regulatory AUM
$3,106,085,569
Share
10.6%
Avg. per client
—

Total

Clients
22
Regulatory AUM
$29,377,232,147
Share
100%
Avg. per client
$1.34B

What it does

Voleon Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, performance-based fees and other arrangements.

Voleon Capital Management provided financial planning to 0 clients last fiscal year and advises 17 private funds.

100.0% of assets ($29.38B across 23 accounts) are managed with discretion. 65% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

The filed percentages total 101%. The values below are shown as filed.

Exchange-traded equity securities
100%
Cash and cash equivalents
1%

Custodians

Voleon Capital Management’s client accounts are held mainly at J.P. Morgan, with 11% of managed assets. Voleon Capital Management has custody of client assets.

Managed account assets by custodian
  • J.P. MorganJpmorgan Chase Bank, N.A. · London · $3.11B11%
  • All other custodians$26.27B89%

Ownership and leadership

Michael Kharitonov owns 50% to 75% of Voleon Capital Management, and Michael Kharitonov is its CEO.

Who owns the firm
Voleon Capital Management LP· the adviser

  • Michael Kharitonov

    Control person · since May 2008

    Owns 50% to 75% of Voleon Capital Management LP

  • Jon McAuliffe

    Control person · since May 2008

    Owns 10% to 25% of Voleon Capital Management LP

Leadership

  • Michael Kharitonov
    Chief Executive Officer and Limited Partner
  • Stephen Terry
    Chief Financial Officer
  • Lee Koffler
    Chief Operating Officer
  • Julianne Dixon
    Chief Compliance Officer
  • Vassil Chatalbashev
    Co-Chief Investment Officer and Limited Partner
  • Jon McAuliffe
    Co-Chief Investment Officer and Limited Partner
  • Jeremy Rosenblatt
    Head of Systems and Software
  • Steven Schraibman
    General Counsel

Staff

  • 158 employees
  • 28 in advisory functions

Reported holdings

Voleon Capital Management’s reported 13F holdings total $5.49B across 761 positions, and the ten largest make up 29.1% of it.

$5.49B
Reported 13F value
761
Positions
29.1%
In the 10 largest
+18.3%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Nvidia Corporation5.4%
  2. Apple Inc.5.3%
  3. Microsoft Corp.3.9%
  4. Alphabet Inc. · Cap Stk CL A3.8%
  5. Amazon Com Inc.2.8%
  6. Meta Platforms Inc. · CL A2.0%
  7. Tesla Inc.1.8%
  8. Micron Technology Inc.1.5%
  9. JPMORGAN Chase & CO1.4%
  10. Broadcom Inc.1.3%

Together, the ten largest are 29.1% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $5.49B is not its $29.38B in regulatory assets and does not represent any individual client's portfolio.

Fees

Voleon Capital Management is paid through a percentage of assets under management, performance-based fees and other.

Voleon Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Voleon Capital Management has 3 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

California · 1 listed address

  • 1919 Shattuck Avenue, Floors 6-7, BerkeleyHQ

Registration details

Legal name
Voleon Capital Management LP
Headquarters
1919 Shattuck Avenue, Floors 6-7, Berkeley, CA 94704-1033
Phone
510-704-9870
Website
voleon.com
SEC file
801-78633
Structure
Delaware limited partnership
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Voleon Capital Management have?

Voleon Capital Management has 22 clients and manages $29.4 billion for them, as of July 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 July 2026

What services does Voleon Capital Management offer?

Voleon 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 Voleon Capital Management use?

Voleon Capital Management’s separately managed account assets are held at Jpmorgan Chase Bank, N.A. (London), with $3,106,085,569. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 July 2026

How many financial advisors does Voleon Capital Management have?

Voleon Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 158 employees, and 28 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 Voleon Capital Management invest in?

At the end of its last fiscal year, Voleon Capital Management’s separately managed accounts held 100% exchange-traded equities and 1% cash and equivalents. It advises 17 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 Voleon Capital Management?

Voleon Capital Management’s direct owners are Michael Kharitonov (50% to 75%) and Jon McAuliffe (10% to 25%).

Source: Form ADV Part 1A, Schedules A and B, filed 10 July 2026

How does Voleon Capital Management get paid?

Voleon Capital Management is paid through a percentage of assets under management, performance-based fees and other arrangements. 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

Sources

  1. Form ADV Part 1A, amendment filed 10 July 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 147443.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Voleon Capital Management LP and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.