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

Long Focus Capital Management LLC

Asset manager (funds and pooled vehicles)San Juan, PRCRD 322024SEC 801-126361IAPD
Latest filing Mar 30, 2026
First filing on the tape Jul 8, 2022 · 7 filings
SEC status approved since Dec 9, 2022
RAUM
$2.4B
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
11
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$2.4B as of Mar 30, 2026
Mar 31, 2023$506M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 31, 20230 then
Employees (5.A)11 as of Mar 30, 2026
Mar 31, 20235 then
Private funds1 as of Mar 30, 2026
Mar 31, 20231 then
RAUM +43% over the last fiscal year+69% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$609MderivedRAUM 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
+43%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-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$2.4B, 4 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.7B72%
  • Corporations and businesses$691M28%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$2.4B for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.72 institutional_share=0.0 related_bd=false related_bank=false 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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Long Focus Capital Master, Ltd.Hedge Fund$666M14Aug 29, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • Albert Stephen Depiero · Chief Financial Officer And Chief Compliance Officercontrol
        since 05/2014 · owns less than 5%
      • Byron John Helmers · Chief Executive Officercontrol
        since 05/2014 · owns less than 5%
      • Byron John Helmers · Shareholdercontrol
        since 05/2014 · owns 75% or more of Long Focus Capital Holdings Inc.
      Entity owners
      • Long Focus Capital Holdings Inc. · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Long Focus Capital Partners, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $1.2B to $2.4B
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 9 to 11
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.7B to $2.4B
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.2B to $1.7B
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $1.7B to $2.4B
        Mar 31, 2025 to Mar 30, 2026
      • Accounts · 3 to 4
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 3 to 6
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $666M to $1.2B
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 5 to 9
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $666M to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $666M to $1.2B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $666M to $1.7B
        Mar 29, 2024 to Mar 31, 2025
      • Assets in custody · $506M to $666M
        May 18, 2023 to Mar 29, 2024
      • Discretionary RAUM · $506M to $666M
        May 18, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $506M to $666M
        May 18, 2023 to Mar 29, 2024
      • RAUM · $506M to $666M
        May 18, 2023 to Mar 29, 2024
      • Accounts · 4 to 3
        Dec 6, 2022 to Mar 31, 2023
      • Assets in custody · $467M to $506M
        Dec 6, 2022 to Mar 31, 2023
      • Discretionary RAUM · $725M to $506M
        Dec 6, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $467M to $506M
        Dec 6, 2022 to Mar 31, 2023
      • RAUM · $725M to $506M
        Dec 6, 2022 to Mar 31, 2023
      • Accounts · unset to 4.0
        Jul 8, 2022 to Dec 6, 2022
      • Pooled vehicle clients · 0 to 3
        Jul 8, 2022 to Dec 6, 2022
      • Assets in custody · $0 to $467M
        Jul 8, 2022 to Dec 6, 2022
      • Custody of client assets · false to true
        Jul 8, 2022 to Dec 6, 2022
      • Private funds · unset to 1
        Jul 8, 2022 to Dec 6, 2022
      • Discretionary RAUM · unset to 724581255.0
        Jul 8, 2022 to Dec 6, 2022
      • Non-discretionary RAUM · unset to 0.0
        Jul 8, 2022 to Dec 6, 2022
      • Pooled vehicle RAUM · unset to 466879045.0
        Jul 8, 2022 to Dec 6, 2022
      • RAUM · unset to 724581255.0
        Jul 8, 2022 to Dec 6, 2022
      Signals
      5 dated events
      • Long Focus Capital Management Llc reported RAUM $2.4B, up 43% from $1.7B (2025-03-31 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Long Focus Capital Management Llc reported RAUM $1.7B, up 155% from $666.4M (2024-03-29 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Long Focus Capital Management Llc reported RAUM $666.4M, up 32% from $506.2M (2023-05-18 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Long Focus Capital Management Llc reported RAUM $506.2M, down 30% from $724.6M (2022-12-06 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Long Focus Capital Management Llc filed its initial SEC registration (Form ADV)
        Jul 8, 2022 · 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
      Principal office phone
      (787) 333-0240reportedpublic record, Form ADV, Mar 30, 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