Clients
Wolverine Asset Management serves 3 clients. The average client has about $4.94 billion with the firm.
- Pooled investment vehicles3 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 3 | $14,827,291,408 | 100.0% | $4.94B |
| Total | 3 | $14,827,291,408 | 100% | $4.94B |
- Clients
- 3
- Regulatory AUM
- $14,827,291,408
- Share
- 100.0%
- Avg. per client
- $4.94B
Total
- Clients
- 3
- Regulatory AUM
- $14,827,291,408
- Share
- 100%
- Avg. per client
- $4.94B
What it does
Wolverine Asset Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Wolverine Asset Management advises 1 private funds.
100.0% of assets ($14.83B across 3 accounts) are managed with discretion. 67% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Wolverine Asset Management has custody of $14.83B for 3 clients.
- All other custodians$14.83B100%
Ownership and leadership
Wolverine Holdings, LLC owns 75% or more of Wolverine Asset Management.
- Owns 75% or more of Wolverine Asset Management, LLC
Wolverine Holdings, LLC
Control person · since January 2012
- Owns 25% to 50% of Wolverine Holdings, LLC
Robert Bellick
Control person · since June 1994
- Owns 25% to 50% of Wolverine Holdings, LLC
Christopher Gust
Control person · since June 1994
Eric Henschel
Managing member · since January 2001
Wolverine Trading Partners, Inc.
Member · Control person · since June 1994
Leadership
- Kenneth NadelChief Operating Officer
- David CavickeChief Compliance Officer
- Dominic DataManaging Director
- Andrew SujdakChief Investment Officer
Staff
- 44 employees
- 20 in advisory functions
- 2 broker-dealer reps
Reported holdings
Wolverine Asset Management’s reported 13F holdings total $11.38B across 1,668 positions, and the ten largest make up 18.2% of it.
- $11.38B
- Reported 13F value
- 1,668
- Positions
- 18.2%
- In the 10 largest
- +9.6%
- Value vs. prior quarter
- Alibaba Group Hldg Ltd · Note 0.500% 6/03.2%
- Bloom Energy Corp. · Note 3.000% 6/03.0%
- Iren LimitedPut1.6%
- Strategy Inc. · Note 0.625% 9/11.6%
- Cloudflare Inc. · Note 6/11.6%
- Rivian Automotive Inc. · Com CL APut1.6%
- Bloom Energy Corp. · Com CL APut1.5%
- Nebius Group N.V. · Shs Class APut1.4%
- Doordash Inc. · Note 5/11.4%
- Alphabet Inc. · Dep Shs Rp1/20 B1.4%
Together, the ten largest are 18.2% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $11.38B is not its $14.83B in regulatory assets and does not represent any individual client's portfolio.
Fees
Wolverine Asset Management is paid through a percentage of assets under management and performance-based fees.
Wolverine Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Wolverine Asset Management has 1 office, with 2 listed addresses across 2 states.
Illinois · 1 listed address
- 175 West Jackson BLVD., Suite 340, ChicagoHQ
New York · 1 listed address
- 111 Broadway, New York
Registration details
- Legal name
- Wolverine Asset Management, LLC
- Headquarters
- 175 West Jackson BLVD., Suite 340, Chicago, IL 60604
- Phone
- 312-884-4400
- Website
- www.wolve.com
- SEC file
- 801-72458
- Structure
- Illinois LLC
- 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 Wolverine Asset Management have?
Wolverine Asset Management has 3 clients and manages $14.8 billion for them, as of June 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 June 2026
What services does Wolverine Asset Management offer?
Wolverine Asset Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Wolverine Asset Management have?
Wolverine Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 44 employees, and 20 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Wolverine Asset Management?
Wolverine Asset Management is owned through a holding company by Robert Bellick and Christopher Gust. Its direct owner is Wolverine Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 June 2026
How does Wolverine Asset Management get paid?
Wolverine Asset 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