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.

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SEC-registered adviser

H••••••• C••••••

Asset manager (funds and pooled vehicles)Seattle, WashingtonCRD 157594SEC 801-72763websiteIAPD
Legal name H••••••• C•••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 16 filings
SEC status approved since Nov 4, 2011
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
21
15 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$21B as of Mar 31, 2026
Mar 29, 2012$338M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)21 as of Mar 31, 2026
Apr 30, 20135 then
Private funds1 as of Mar 31, 2026
Mar 29, 20123 then
RAUM +24% over the last fiscal year+15% 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
$11BderivedRAUM 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
performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$21B, 2 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
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
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$21B for 2 clientsreported
Compensation
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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      H••••••• C•••••• I••••••••• L•••Hedge Fund$15B547Mar 29, 2012
      H••••••• C•••••• V••••••• I•• L•••no longer reportedVenture Capital Fund$5.7M20Mar 29, 2012
      H••••••• C•••••• V••••••• L••••••••• L•••no longer reportedVenture Capital Fund$2.1M40Mar 29, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• G•••• J••• · Chief Operating Officercontrol
        since 09/2008 · owns less than 5%
      • L•• L•• N•• · Chief Financial Officercontrol
        since 01/2021 · owns less than 5%
      • L•• L•• •••• · Chairman And Managing Membercontrol
        since 01/1998 · owns 75% or more
      • T•••• P•••• L••••••• · Chief Compliance Officercontrol
        since 07/2019 · owns less than 5%
      Related persons
      Schedule D 7.A
      • L• G•••• ••••••••• L••
        investment adviserbankpooled vehicle sponsorn
      • L• G••••• L••
        investment adviserbankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • Bellevue, WA2 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 18 to 15
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $17B to $21B
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 20 to 21
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $17B to $21B
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $17B to $21B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $17B to $21B
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 15 to 18
        Mar 28, 2024 to Mar 31, 2025
      • Assets in custody · $15B to $17B
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 19 to 20
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $15B to $17B
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $15B to $17B
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $15B to $17B
        Mar 28, 2024 to Mar 31, 2025
      • Advisory employees · 16 to 15
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $14B to $15B
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $14B to $15B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $14B to $15B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $14B to $15B
        Mar 31, 2023 to Mar 28, 2024
      • Related adviser · false to true
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 15 to 16
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $19B to $14B
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 18 to 19
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $19B to $14B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $19B to $14B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $19B to $14B
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $19B to $19B
        Mar 30, 2021 to Mar 31, 2022
      • Employees · 17 to 18
        Mar 30, 2021 to Mar 31, 2022
      • Discretionary RAUM · $19B to $19B
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $19B to $19B
        Mar 30, 2021 to Mar 31, 2022
      • RAUM · $19B to $19B
        Mar 30, 2021 to Mar 31, 2022
      • Advisory employees · 10 to 15
        Mar 27, 2020 to Mar 30, 2021
      • Assets in custody · $14B to $19B
        Mar 27, 2020 to Mar 30, 2021
      • Employees · 13 to 17
        Mar 27, 2020 to Mar 30, 2021
      • Other offices · 0 to 1
        Mar 27, 2020 to Mar 30, 2021
      • Discretionary RAUM · $14B to $19B
        Mar 27, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $14B to $19B
        Mar 27, 2020 to Mar 30, 2021
      • RAUM · $14B to $19B
        Mar 27, 2020 to Mar 30, 2021
      • Advisory employees · 11 to 10
        Nov 6, 2019 to Mar 27, 2020
      • Assets in custody · $8.3B to $14B
        Nov 6, 2019 to Mar 27, 2020
      • Employees · 14 to 13
        Nov 6, 2019 to Mar 27, 2020
      Signals
      5 dated events
      • H••••••• C•••••• reported RAUM $18.6B, up 34% from $13.9B (2020-03-27 to 2021-03-30)
        Mar 30, 2021 · ria raum c••••e · derived
      • Nmn Li Li (Chief Financial Officer) appeared on Schedule A of H••••••• C••••••
        Mar 30, 2021 · Control person joined · fact
      • H••••••• C•••••• reported RAUM $13.9B, up 67% from $8.3B (2019-11-06 to 2020-03-27)
        Mar 27, 2020 · ria raum c••••e · derived
      • Lung-Fei Paul Teng (Chief Compliance Officer) appeared on Schedule A of H••••••• C••••••
        Nov 6, 2019 · Control person joined · fact
      • H••••••• C•••••• reported RAUM $9.2B, up 112% from $4.4B (2017-03-30 to 2018-03-09)
        Mar 9, 2018 · ria raum c••••e · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/himalaya-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (206) 707-0768reportedpublic 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