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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

BIRCH RUN CAPITAL

BIRCH RUN CAPITAL ADVISORS, LP, CRD 157167

NEW YORK, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3beb2f75-d981-470f-e5f4-00e2d384bd63

Data as of Aug 6, 2021 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:56 AM UTC and rebuilt at most every 15 minutes.

Relationships: 18
Dated events: 1
On other graphs: 0
Observed: Dec 8, 2011 to Aug 6, 2021
30 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $269MItem 5.F on the latest filing (2021-08-06); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $269M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 2
Advisory employees: 1
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 3
Individual clients: 0
Private funds: 3Schedule D 7.B(1)
Private fund GAV: $269Mgross asset value as reported per fund; never fund size
Custody, client assets: $269M
SEC number: 801-72954
CRD: 157167
Filings on the tape: 30
First filed: Dec 8, 2011
Latest filed: Aug 6, 2021
Organised: Limited Partnership, Delaware

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
BIRCH RUN CAPITAL PARTNERS, LP	Hedge Fund	$186M	Aug 6, 2021	9	Dec 8, 2011	reported	021-94620
WALNUT BRC, LP	Hedge Fund	$46.3M	Aug 6, 2021	5	Dec 8, 2011	reported	n/a
ECHO BRC, LP	Hedge Fund	$36.6M	Jun 12, 2014	8	Mar 31, 2014	dropped	n/a
TORCH BRC, LP	Hedge Fund	$36.4M	Aug 6, 2021	3	Mar 28, 2013	reported	n/a
PINE BRC, LP	Hedge Fund	$32.2M	Jun 12, 2014	4	Mar 31, 2014	dropped	n/a
ORCHARD II BRC, LP	Other Private Fund	$17.9M	Jan 2, 2014	18	Dec 8, 2011	dropped	n/a
EMERALD BRC, LP	Hedge Fund	$10.8M	Jul 22, 2016	2	Mar 31, 2014	dropped	n/a
PORTAGE BRC, LP	Hedge Fund	$9.9M	Jun 12, 2014	3	Mar 31, 2014	dropped	n/a
ORCHARD I BRC, LP	Other Private Fund	$7.7M	Jan 2, 2014	5	Dec 8, 2011	dropped	n/a
CRYSTAL BRC, LP	Hedge Fund	$6.1M	Aug 7, 2017	5	Mar 28, 2013	dropped	n/a
PIKE BRC, LP	Hedge Fund	$3.0M	May 1, 2018	5	Mar 31, 2014	dropped	n/a
WALLOON BRC, LP	Hedge Fund	$2.5M	May 1, 2018	5	Mar 31, 2014	dropped	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
ABRAMOVICH, CAREN	CHIEF COMPLIANCE OFFICER	Na	yes	09/2011	Dec 8, 2011	Aug 6, 2021
BELTZMAN, DANIEL, GORDON	Manager	D	yes	12/2013	Dec 8, 2011	Aug 6, 2021
BELTZMAN, DANIEL, GORDON	Manager	D	yes	05/2006	Dec 8, 2011	Aug 6, 2021
BRC ADVISORS GP, LLC	GENERAL PARTNER	Na	yes	12/2013	Mar 31, 2014	Aug 6, 2021
SMITH, GREGORY, HOWARD	Manager	D	yes	12/2013	Dec 8, 2011	Aug 6, 2021
SMITH, GREGORY, HOWARD	Manager	D	yes	05/2006	Dec 8, 2011	Aug 6, 2021

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
BIRCH RUN CAPITAL GP, LLC	n/a	n/a	n/a	Y	yes	n/a
TORCH BRC GP, LLC	n/a	n/a	n/a	Y	yes	n/a
WALNUT BRC GP, LLC	n/a	n/a	n/a	Y	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 29, 2021	$269M	$269M	2	1	2	3	$269M
2019	Mar 30, 2020	$366M	$366M	2	1	1	3	$366M
2018	Mar 29, 2019	$326M	$326M	3	2	1	3	$326M
2017	Mar 28, 2018	$346M	$346M	4	3	1	5	$346M
2016	Mar 29, 2017	$366M	$366M	5	4	n/a	6	$366M
2015	Mar 29, 2016	$439M	$439M	5	4	n/a	7	$435M
2014	Apr 1, 2015	$499M	$499M	5	4	n/a	7	$493M
2013	Mar 31, 2014	$498M	$498M	5	4	n/a	10	$498M
2012	Mar 28, 2013	$340M	$340M	3	2	n/a	6	$293M
2011	Mar 29, 2012	$247M	$247M	n/a	n/a	n/a	4	$156M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2020	$269M	$366M	-26.5%	$346M	-8.0%	2	2	2	1

Relationships

Advises (12)

→ BIRCH RUN CAPITAL PARTNERS, LPPrivate fundHedge Fund, IA
Dec 8, 2011 to presentfactForm ADV
→ TORCH BRC, LPPrivate fundHedge Fund, IA
Mar 28, 2013 to presentfactForm ADV
→ WALNUT BRC, LPPrivate fundHedge Fund, IA
Dec 8, 2011 to presentfactForm ADV
→ PIKE BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to May 1, 2018factForm ADV
→ WALLOON BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to May 1, 2018factForm ADV
→ CRYSTAL BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 28, 2013 to Aug 7, 2017factForm ADV
→ EMERALD BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to Jul 22, 2016factForm ADV
→ PINE BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to Jun 12, 2014factForm ADV
→ ECHO BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to Jun 12, 2014factForm ADV
→ PORTAGE BRC, LPPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2014 to Jun 12, 2014factForm ADV
→ ORCHARD II BRC, LPPrivate fundOther Private Fund, IA, no longer reported
Dec 8, 2011 to Jan 2, 2014factForm ADV
→ ORCHARD I BRC, LPPrivate fundOther Private Fund, IA, no longer reported
Dec 8, 2011 to Jan 2, 2014factForm ADV

Controls (4)

← SMITH, GREGORY, HOWARDOwnerMANAGER, ownership code D, individual
Dec 8, 2011 to presentfactForm ADV
← BELTZMAN, DANIEL, GORDONOwnerMANAGER, ownership code D, individual
Dec 8, 2011 to presentfactForm ADV
← ABRAMOVICH, CARENOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Dec 8, 2011 to presentfactForm ADV
← BRC ADVISORS GP, LLCOwnerGENERAL PARTNER, ownership code NA, domestic entity
Mar 31, 2014 to presentfactForm ADV

Dated events

Occurred
Jan 2, 2014
Succession filed (Item 4)
Birch Run Capital reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3beb2f75-d981-470f-e5f4-00e2d384bd63
First observed: Dec 8, 2011
Last observed: Aug 6, 2021 62 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BIRCH RUN CAPITAL

BIRCH RUN CAPITAL ADVISORS, LP, CRD 157167

NEW YORK, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3beb2f75-d981-470f-e5f4-00e2d384bd63

Data as of Aug 6, 2021 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:56 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

BIRCH RUN CAPITAL PARTNERS, LP

Hedge Fund

$186M

Aug 6, 2021

Dec 8, 2011

reported

021-94620

WALNUT BRC, LP

Hedge Fund

$46.3M

Aug 6, 2021

Dec 8, 2011

reported

n/a

ECHO BRC, LP

Hedge Fund

$36.6M

Jun 12, 2014

Mar 31, 2014

dropped

n/a

TORCH BRC, LP

Hedge Fund

$36.4M

Aug 6, 2021

Mar 28, 2013

reported

n/a

PINE BRC, LP

Hedge Fund

$32.2M

Jun 12, 2014

Mar 31, 2014

dropped

n/a

ORCHARD II BRC, LP

Other Private Fund

$17.9M

Jan 2, 2014

Dec 8, 2011

dropped

n/a

EMERALD BRC, LP

Hedge Fund

$10.8M

Jul 22, 2016

Mar 31, 2014

dropped

n/a

PORTAGE BRC, LP

Hedge Fund

$9.9M

Jun 12, 2014

Mar 31, 2014

dropped

n/a

ORCHARD I BRC, LP

Other Private Fund

$7.7M

Jan 2, 2014

Dec 8, 2011

dropped

n/a

CRYSTAL BRC, LP

Hedge Fund

$6.1M

Aug 7, 2017

Mar 28, 2013

dropped

n/a

PIKE BRC, LP

Hedge Fund

$3.0M

May 1, 2018

Mar 31, 2014

dropped

n/a

WALLOON BRC, LP

Hedge Fund

$2.5M

May 1, 2018

Mar 31, 2014

dropped

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ABRAMOVICH, CAREN

CHIEF COMPLIANCE OFFICER

yes

09/2011

Dec 8, 2011

Aug 6, 2021

BELTZMAN, DANIEL, GORDON

Manager

yes

12/2013

Dec 8, 2011

Aug 6, 2021

BELTZMAN, DANIEL, GORDON

Manager

yes

05/2006

Dec 8, 2011

Aug 6, 2021

BRC ADVISORS GP, LLC

GENERAL PARTNER

yes

12/2013

Mar 31, 2014

Aug 6, 2021

SMITH, GREGORY, HOWARD

Manager

yes

12/2013

Dec 8, 2011

Aug 6, 2021

SMITH, GREGORY, HOWARD

Manager

yes

05/2006

Dec 8, 2011

Aug 6, 2021

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BIRCH RUN CAPITAL GP, LLC

n/a

yes

n/a

TORCH BRC GP, LLC

n/a

yes

n/a

WALNUT BRC GP, LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 29, 2021

$269M

2019

Mar 30, 2020

$366M

2018

Mar 29, 2019

$326M

2017

Mar 28, 2018

$346M

2016

Mar 29, 2017

$366M

n/a

$366M

2015

Mar 29, 2016

$439M

n/a

$435M

2014

Apr 1, 2015

$499M

n/a

$493M

2013

Mar 31, 2014

$498M

n/a

$498M

2012

Mar 28, 2013

$340M

n/a

$293M

2011

Mar 29, 2012

$247M

n/a

$156M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$269M

$366M

-26.5%

$346M

-8.0%