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
Callodine Capital Management
Legal name Callodine Capital Management, LP
Latest filing Sep 15, 2026
First filing on the tape Jul 20, 2018 · 15 filings
SEC status approved since Aug 17, 2018
RAUM
$2.0B
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
19
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$2.0B as of Jun 16, 2026
Mar 26, 2019$210M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 16, 2026
Mar 26, 20190 then
Employees (5.A)19 as of Jun 16, 2026
Mar 26, 20196 then
Private funds2 as of Jun 16, 2026
Mar 26, 20191 then
RAUM +158% over the last fiscal year+58% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 15, 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
- $136MderivedRAUM 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
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +158%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, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Custody
- yesreportedItem 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
- 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)
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$1.5B74%
- Investment companies$456M22%
- Corporations and businesses$62.7M3.1%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 15reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=0.97 institutional_share=0.0 related_bd=true related_bank=true bd_reps=7.0 bank_owner=falsederived
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)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Callodine Capital Master Fund, L.P. | Hedge Fund | $443M | 29 | Jul 20, 2018 |
| Callodine Bdc Income Fund, LP | Other Private Fund | $76.2M | 91 | Mar 31, 2021 |
| Callodine Equity Income Fund | Other Private Fund | $66.3M | 4 | Mar 31, 2023 |
Owners and control persons
Schedule A and B, latest filing
- Marie Kristen Cammarata · Chief Compliance Officercontrolsince 03/2023 · owns less than 5%
- Hosmer Jonathan Dinwoodey · General Counselcontrolsince 03/2021 · owns less than 5%
- F John Lyons · Chief Operations Officercontrolsince 04/2024 · owns less than 5%
- Stuart James Morrow · Chief Executive Officer/Chief Investment Officercontrolsince 05/2018 · owns less than 5%
- Stuart James Morrow · Co-Ownercontrolsince 10/2020 · owns 75% or more of Callodine Group, LLC
- Stuart James Morrow · Managing Membercontrolsince 05/2018 · owns 75% or more of Callodine Capital Management, LLC
Entity owners
- Callodine Capital Management, LLC · General Partnerdirect · owns less than 5%
- Callodine Group, LLC · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
- Callodine Capital Partners, LLCpooled vehicle sponsorn
- Callodine Commercial Partners, LLCpooled vehicle sponsorn
- Callodine Credit Managementinvestment advisernRAUM $603M
- Callodine Strategic Credit Fund II Gp, LLCpooled vehicle sponsorn
- Exeter Trust Companyn
- Manning & Napier Advisors, LLCinvestment advisernRAUM $17B
- Manning & Napier Investor Services, Inc.broker-dealern
- Rainier Investment Management LLCinvestment advisernRAUM $581M
- Rand Capital Managementinvestment adviserbanknRAUM $137M
- Thorofare Capital Inc.investment companyn
- Thorofare Lending Fund IV Management, LLCpooled vehicle sponsorn
- Thorofare Lending Fund V Management, LLCpooled vehicle sponsorn
- Thorofare, LLCinvestment advisern
Advisers that list Callodine Capital Management as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $787,291,950 to $2,034,231,012 (+158.0%) between the annual amendments of 2025-03-28 and 2026-03-31; the peer median change was +11.0% (1368 comparable advisers, 97.0th percentile of changes)peers: asset managers, $1B to $5B (1,368) · 97% percentile
What changed
consecutive filings, newest first
- Financial planning clients · to unsetJun 16, 2026 to Sep 15, 2026
- Private funds · 2 to unsetJun 16, 2026 to Sep 15, 2026
- Succession · false to unsetJun 16, 2026 to Sep 15, 2026
- Accounts · 6 to 15Mar 28, 2025 to Mar 31, 2026
- Advisory activities · 3 to 4Mar 28, 2025 to Mar 31, 2026
- BD registered reps · 5 to 7Mar 28, 2025 to Mar 31, 2026
- Corporate clients · 1 to 2Mar 28, 2025 to Mar 31, 2026
- Pooled vehicle clients · 4 to 10Mar 28, 2025 to Mar 31, 2026
- Employees · 18 to 19Mar 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $787M to $2.0BMar 28, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $629M to $1.5BMar 28, 2025 to Mar 31, 2026
- RAUM · $787M to $2.0BMar 28, 2025 to Mar 31, 2026
- BD registered reps · 4 to 5Jun 10, 2024 to Mar 28, 2025
- Employees · 14 to 18Jun 10, 2024 to Mar 28, 2025
- Financial planning clients · unset to Jun 10, 2024 to Mar 28, 2025
- Discretionary RAUM · $607M to $787MJun 10, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $519M to $629MJun 10, 2024 to Mar 28, 2025
- RAUM · $607M to $787MJun 10, 2024 to Mar 28, 2025
- Advisory activities · 2 to 3Jan 10, 2024 to Mar 28, 2024
- BD registered reps · 0 to 4Jan 10, 2024 to Mar 28, 2024
- Pooled vehicle clients · 5 to 4Jan 10, 2024 to Mar 28, 2024
- Assets in custody · $497M to $0Jan 10, 2024 to Mar 28, 2024
- Employees · 13 to 14Jan 10, 2024 to Mar 28, 2024
- Private funds · 3 to 2Jan 10, 2024 to Mar 28, 2024
- Discretionary RAUM · $513M to $607MJan 10, 2024 to Mar 28, 2024
- Pooled vehicle RAUM · $497M to $519MJan 10, 2024 to Mar 28, 2024
- RAUM · $513M to $607MJan 10, 2024 to Mar 28, 2024
- Related bank · false to trueJan 10, 2024 to Mar 28, 2024
- Accounts · 5 to 6Mar 31, 2022 to Mar 31, 2023
- Corporate clients · unset to 1.0Mar 31, 2022 to Mar 31, 2023
- Pooled vehicle clients · 4 to 5Mar 31, 2022 to Mar 31, 2023
- Assets in custody · $356M to $497MMar 31, 2022 to Mar 31, 2023
- Employees · 10 to 13Mar 31, 2022 to Mar 31, 2023
- Private funds · 2 to 3Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $372M to $513MMar 31, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $356M to $497MMar 31, 2022 to Mar 31, 2023
- RAUM · $372M to $513MMar 31, 2022 to Mar 31, 2023
- Related broker-dealer · false to trueMar 31, 2022 to Mar 31, 2023
- Corporate clients · 1.0 to unsetApr 27, 2021 to Mar 31, 2022
- Assets in custody · $318M to $356MApr 27, 2021 to Mar 31, 2022
Signals
10 dated events
- Callodine Capital Management reported RAUM $2.0B, up 158% from $787.3M (2025-03-28 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Callodine Capital Management reported RAUM $787.3M, up 30% from $607.4M (2024-06-10 to 2025-03-28)Mar 28, 2025 · RAUM change · derived
- F John Lyons (Chief Operations Officer) appeared on Schedule A of Callodine Capital ManagementJun 10, 2024 · Control person joined · fact
- Coolidge Austin Mcclintock (Cfo/Coo) no longer on Schedule A of Callodine Capital Management (listed 2023-04-18, absent 2024-01-10)Jan 10, 2024 · Control person left · inference
- Callodine Capital Management reported RAUM $513.5M, up 38% from $372.4M (2022-03-31 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Marie Kristen Cammarata (Chief Compliance Officer) appeared on Schedule A of Callodine Capital ManagementMar 31, 2023 · Control person joined · fact
- Callodine Capital Management reported RAUM $353.8M, down 27% from $482.7M (2020-03-27 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Jonathan Dinwoodey (General Counsel/Chief Compliance Officer) appeared on Schedule A of Callodine Capital ManagementMar 31, 2021 · Control person joined · fact
- Callodine Capital Management reported RAUM $482.7M, up 130% from $210.0M (2019-03-26 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
- Callodine Capital Management filed its initial SEC registration (Form ADV)Jul 20, 2018 · First SEC registration · fact
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/CALLODINE-CAPITALreportedpublic record, Form ADV, Sep 17, 2026
- Website
- callodine.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617-880-7494reportedpublic record, Form ADV, Sep 15, 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