DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Universa Investments L.P.

Asset manager (funds and pooled vehicles)Miami, FloridaCRD 146052SEC 801-68696websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 33 filings
SEC status approved since Jan 17, 2008
RAUM
$21B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
20
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
45
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$21B as of Mar 31, 2026
Mar 30, 2012$41.0M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20130 then
Employees (5.A)20 as of Mar 31, 2026
Mar 28, 201312 then
Private funds45 as of Mar 31, 2026
Mar 30, 20129 then
RAUM +24% over the last fiscal year+9.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$474MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$21B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
45reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      80 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Universa Black Swan Protection Protocol Lv LPHedge Fund$6.5B2Mar 31, 2021
      Universa Black Swan Protection Protocol Lviii LPHedge Fund$3.0B1May 28, 2021
      Teisko L.P.Hedge Fund$2.4B1Mar 29, 2024
      Universa Black Swan Protection Protocol Xxiv L.P.no longer reportedHedge Fund$1.8B1Mar 27, 2018
      Universa Black Swan Protection Protocol Xliv L.P.Hedge Fund$1.1B1Nov 23, 2020
      Universa Premium Fund III Ltdno longer reportedHedge Fund$1.1B25Mar 30, 2012
      Universa Black Swan Protection Protocol Xiv L.P.Hedge Fund$929M1Mar 31, 2014
      Universa Black Swan Protection Protocol Offshore Xxxvii Ltd.Hedge Fund$878M15Nov 29, 2018
      Universa Black Swan Protection Protocol Master Fund Vi L.P.Hedge Fund$794M2Mar 30, 2012
      Universa Black Swan Protection Protocol Offshore Xxxvi L.P.no longer reportedHedge Fund$750M1Mar 27, 2020
      Universa Black Swan Protection Protocol Lxix LPHedge Fund$700M1Mar 31, 2023
      Universa Black Swan Protection Protocol Lxxiii L.P.Hedge Fund$615M1Mar 31, 2023
      Universa Black Swan Protection Protocol Xlvii LPHedge Fund$580M2Mar 31, 2021
      Universa Black Swan Protection Protocol Lii LPno longer reportedHedge Fund$540M1Mar 31, 2021
      Universa Protection Protocol Offshore Lxvi LPno longer reportedHedge Fund$516M1Mar 31, 2021
      Universa Black Swan Protection Protocol L LPHedge Fund$400M2Mar 31, 2021
      Universa Black Swan Protection Protocol Lxxviii L.P.Hedge Fund$400M4Mar 29, 2024
      Universa Black Swan Protection Protocol Xxiii LPHedge Fund$300M1Mar 31, 2017
      Universa Black Swan Protection Protocol Liv LPHedge Fund$300M1May 28, 2021
      Universa Black Swan Protection Protocol Li LPno longer reportedHedge Fund$300M2Mar 31, 2021
      Universa Black Swan Protection Protocol Offshore Xxix L.P.no longer reportedHedge Fund$300M1Mar 29, 2019
      Universa Black Swan Protection Protocol Xii L.P.Hedge Fund$266M2Oct 18, 2013
      Universa Black Swan Protection Protocol Xliii LPno longer reportedHedge Fund$262M52Mar 31, 2021
      Universa Black Swan Protection Protocol Lxiii LPHedge Fund$260M1Mar 31, 2022
      Universa Black Swan Protection Protocol Xxxii LPno longer reportedHedge Fund$250M1Nov 29, 2018
      Universa Black Swan Protection Protocol Offshore Xli LPno longer reportedHedge Fund$225M1Mar 31, 2021
      Universa Black Swan Protection Protocol Lxxv LPno longer reportedHedge Fund$225M1Mar 31, 2023
      Universa Black Swan Protection Protocol Offshore Xlix LPHedge Fund$200M1Mar 31, 2022
      Universa Black Swan Protection Protocol Offshore Xl LPHedge Fund$195M2Mar 31, 2021
      Universa Black Swan Protection Protocol Lvi LPHedge Fund$192M13Mar 31, 2022
      Universa Black Swan Protection Protocol Offshore Viii L.P.Hedge Fund$186M1Aug 13, 2013
      Universa Black Swan Protection Protocol Lxviii L.P.Hedge Fund$180M1Mar 29, 2024
      Universa Black Swan Protection Protocol Xlv LPHedge Fund$170M1Mar 31, 2021
      Universa Black Swan Protection Protocol Xi L.P.no longer reportedHedge Fund$165M1Oct 18, 2013
      Universa Black Swan Protection Protocol Offshore Liii LPno longer reportedHedge Fund$150M1Mar 31, 2023
      Universa Black Swan Protection Protocol Xxxiii LPno longer reportedHedge Fund$150M1Mar 31, 2021
      Universa Black Swan Protection Protocol Xxxiv LPHedge Fund$150M1Mar 31, 2021
      Universa Black Swan Protection Protocol Lix LPno longer reportedHedge Fund$150M1Mar 31, 2022
      Universa Black Swan Protection Protocol Lxiv LPHedge Fund$150M1Mar 31, 2022
      Universa Black Swan Protection Protocol Lx LPno longer reportedHedge Fund$150M1Mar 31, 2023
      All funds of Universa Investments L.P.
      Owners and control persons
      Schedule A and B, latest filing
      • Sanjay Nirendran Kathirithamby · Chief Compliance Officercontrol
        since 03/2018 · owns less than 5%
      • D Eric Spencer · Chief Financial Officercontrol
        since 04/2007 · owns less than 5%
      • William Mark Spitznagel · President; Chief Investment Officer; Limited Partner;control
        since 01/2007 · owns 75% or more
      • Scott Brandon Yarckin · Chief Operating Officercontrol
        since 03/2019 · owns less than 5%
      • William Mark Spitznagel · Member; Managercontrol
        since 10/2021 · owns 75% or more of Universality Inc.
      • William Mark Spitznagel · Member; Managercontrol
        since 01/2007 · owns 75% or more of Universa LLC
      Entity owners
      • Universa LLC · General Partner
        direct · owns less than 5%
      • Universality Inc. · Limited Partner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Universa Safe Haven Cayman Gp 1 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Cayman Gp 2 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 1 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 2 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 3 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 4 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 5 LLC
        bankpooled vehicle sponsorn
      • Universa Safe Haven Delaware Gp 6 LLC
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 35 to 45
        Apr 4, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 35 to 45
        Apr 4, 2025 to Mar 31, 2026
      • Employees · 21 to 20
        Apr 4, 2025 to Mar 31, 2026
      • Private funds · 35 to 45
        Apr 4, 2025 to Mar 31, 2026
      • Discretionary RAUM · $17B to $21B
        Apr 4, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $17B to $21B
        Apr 4, 2025 to Mar 31, 2026
      • RAUM · $17B to $21B
        Apr 4, 2025 to Mar 31, 2026
      • Accounts · 37 to 35
        Jul 9, 2024 to Apr 4, 2025
      • Pooled vehicle clients · 37 to 35
        Jul 9, 2024 to Apr 4, 2025
      • Employees · 20 to 21
        Jul 9, 2024 to Apr 4, 2025
      • Financial planning clients · unset to
        Jul 9, 2024 to Apr 4, 2025
      • Private funds · 37 to 35
        Jul 9, 2024 to Apr 4, 2025
      • Discretionary RAUM · $16B to $17B
        Jul 9, 2024 to Apr 4, 2025
      • Pooled vehicle RAUM · $16B to $17B
        Jul 9, 2024 to Apr 4, 2025
      • RAUM · $16B to $17B
        Jul 9, 2024 to Apr 4, 2025
      • Accounts · 41 to 37
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 41 to 37
        Mar 31, 2023 to Mar 29, 2024
      • Private funds · 41 to 37
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $16B to $16B
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $16B to $16B
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $16B to $16B
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 38 to 41
        Jul 5, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 38 to 41
        Jul 5, 2022 to Mar 31, 2023
      • Employees · 18 to 20
        Jul 5, 2022 to Mar 31, 2023
      • Private funds · 38 to 41
        Jul 5, 2022 to Mar 31, 2023
      • Discretionary RAUM · $16B to $16B
        Jul 5, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $16B to $16B
        Jul 5, 2022 to Mar 31, 2023
      • RAUM · $16B to $16B
        Jul 5, 2022 to Mar 31, 2023
      • Accounts · 32 to 38
        May 28, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 32 to 38
        May 28, 2021 to Mar 31, 2022
      • Employees · 17 to 18
        May 28, 2021 to Mar 31, 2022
      • Private funds · 32 to 38
        May 28, 2021 to Mar 31, 2022
      • Discretionary RAUM · $11B to $16B
        May 28, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $11B to $16B
        May 28, 2021 to Mar 31, 2022
      • RAUM · $11B to $16B
        May 28, 2021 to Mar 31, 2022
      • Accounts · 29 to 32
        Mar 31, 2021 to May 28, 2021
      • Pooled vehicle clients · 29 to 32
        Mar 31, 2021 to May 28, 2021
      • Private funds · 29 to 32
        Mar 31, 2021 to May 28, 2021
      • Discretionary RAUM · $7.7B to $11B
        Mar 31, 2021 to May 28, 2021
      • Pooled vehicle RAUM · $7.7B to $11B
        Mar 31, 2021 to May 28, 2021
      Signals
      6 dated events
      • Universa Investments L.P. reported RAUM $15.5B, up 44% from $10.8B (2021-05-28 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Universa Investments L.P. reported RAUM $10.8B, up 41% from $7.7B (2021-03-31 to 2021-05-28)
        May 28, 2021 · RAUM change · derived
      • Universa Investments L.P. reported RAUM $7.7B, up 75% from $4.4B (2020-11-23 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Scott Brandon Yarckin (Chief Operating Officer) appeared on Schedule A of Universa Investments L.P.
        Mar 29, 2019 · Control person joined · fact
      • Universa Investments L.P. reported RAUM $4.0B, up 37% from $2.9B (2018-11-29 to 2018-12-03)
        Dec 3, 2018 · RAUM change · derived
      • Universa Investments L.P. reported RAUM $2.9B, up 35% from $2.2B (2017-03-31 to 2018-03-27)
        Mar 27, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/UNIVERSA-INVESTMENTS-L.P.reportedpublic record, Form ADV, Sep 17, 2026
      Website
      UNIVERSA.NETreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      786-483-3140reportedpublic record, Form ADV, Mar 31, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026