Btc Capital Management, Inc.
- Regulatory AUM
- $4.6B
- Discretionary
- $3.2B
- Clients
- 80
- Avg AUM / client
- $57.5M
- Accounts
- 2,199
- Employees
- 17
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Investments (13F portfolio — 207 positions, $1,647,097,868)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Nvidia Corporation | COM | $76,674,098 | 383,269 | 4.66% | 1.67% |
| 2 | Vanguard Bd Index Fds | TOTAL BND MRKT | $72,186,627 | 984,185 | 4.38% | 1.57% |
| 3 | Apple Inc | COM | $71,137,886 | 245,369 | 4.32% | 1.55% |
| 4 | Microsoft Corp | COM | $64,511,596 | 172,761 | 3.92% | 1.4% |
| 5 | Alphabet Inc | CAP STK CL A | $62,337,829 | 174,067 | 3.78% | 1.36% |
| 6 | Ishares Tr | MSCI EAFE ETF | $55,761,426 | 536,747 | 3.39% | 1.21% |
| 7 | Ishares Tr | RUS 1000 GRW ETF | $44,588,087 | 358,431 | 2.71% | 0.97% |
| 8 | Broadcom Inc | COM | $43,134,607 | 114,206 | 2.62% | 0.94% |
| 9 | Amazon Com Inc | COM | $41,791,015 | 175,342 | 2.54% | 0.91% |
| 10 | Ishares Tr | RUS 1000 ETF | $33,361,331 | 81,262 | 2.03% | 0.73% |
| 11 | Vanguard Index Fds | GROWTH ETF | $32,353,425 | 375,591 | 1.96% | 0.7% |
| 12 | Meta Platforms Inc | CL A | $28,552,620 | 50,696 | 1.73% | 0.62% |
| 13 | Ishares Tr | RUS 1000 VAL ETF | $27,810,598 | 114,711 | 1.69% | 0.6% |
| 14 | Walmart Inc | COM | $25,561,887 | 225,500 | 1.55% | 0.56% |
| 15 | Ishares Tr | RUSSELL 2000 ETF | $24,067,557 | 79,974 | 1.46% | 0.52% |
| 16 | Jpmorgan Chase & Co | COM | $23,869,905 | 72,923 | 1.45% | 0.52% |
| 17 | Crowdstrike Hldgs Inc | CL A | $23,291,049 | 30,519 | 1.41% | 0.51% |
| 18 | Exxon Mobil Corp | COM | $23,285,208 | 170,236 | 1.41% | 0.51% |
| 19 | Vanguard Intl Equity Index F | FTSE EMR MKT ETF | $22,204,086 | 371,955 | 1.35% | 0.48% |
| 20 | Ishares Tr | CORE S&P500 ETF | $19,930,958 | 26,614 | 1.21% | 0.43% |
| 21 | Abbvie Inc | COM | $19,084,631 | 75,841 | 1.16% | 0.41% |
| 22 | Johnson & Johnson | COM | $18,298,029 | 71,998 | 1.11% | 0.4% |
| 23 | Seagate Technology Hldngs Pl | ORD SHS | $17,166,385 | 17,789 | 1.04% | 0.37% |
| 24 | Micron Technology Inc | COM | $17,032,712 | 14,756 | 1.03% | 0.37% |
| 25 | Vanguard Index Fds | S&P 500 ETF SHS | $17,013,658 | 24,772 | 1.03% | 0.37% |
Top 25 of 207 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 18 | $3.7B | 79.8% |
| Pooled investment vehicles (non-investment companies) | 3 | $63.1M | 1.37% |
| Pension and profit sharing plans | Fewer than 5 clients | $175M | 3.82% |
| Charitable organizations | 34 | $293M | 6.37% |
| State or municipal government entities | Fewer than 5 clients | $94.6M | 2.06% |
| Insurance companies | 4 | $78.6M | 1.71% |
| Corporations and other businesses | 21 | $222M | 4.84% |
People (14)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Albertson, Kermit, John | Secretary/Treasurer | May 2003 (23y) | Less than 5% | |
| Mark Paul Mandziara | Senior Managing Director | Jul 2003 (23y) | Less than 5% | |
| Scott Dean Eltjes | President And Ceo | Feb 2009 (18y) | Less than 5% | |
| Jon Kent Augustine | Chief Investment Officer | CFA | Nov 2009 (17y) | Less than 5% |
| Coffin, Donald, James | Chairman, Director | Jan 2018 (9y) | Less than 5% | |
| Chorniak, Kevin, Lee | Chief Operating Officer | Jan 2019 (8y) | Less than 5% | |
| Mumm, Ricky, Lee | Chief Financial Officer | Jun 2019 (7y) | Less than 5% | |
| Robert Paul Larsen | Chief Compliance Officer | Jun 2020 (6y) | Less than 5% | |
| Debra Ellen Norton | Registered representative | Feb 2008 (18y) | ||
| Jeffrey Scott Birdsley | Registered representative | CFA | Feb 2010 (16y) | |
| David Hansen Chapman | Registered representative | Oct 2010 (16y) | ||
| Justin David Carley | Registered representative | CFA | Dec 2015 (11y) | |
| David Paul Jackson | Registered representative | Nov 2018 (8y) | ||
| Brian E Rolland | Registered representative | Nov 2018 (8y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Btc Financial Corporation | Shareholder | May 2003 | A | 75% or more |
| John Ruan 1993 Trust U/A/D April 2, 2002, John Ruan, Settlor; Current Trustee: John Ruan Iv | Shareholder | Mar 2002 | B | ≈ 56.25% – 100% via Btc Financial Corporation |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- John Ruan 1993 Trust U/A/D April 2, 2002, John Ruan, Settlor; Current Trustee: John Ruan Iv: 75% – 100% of Btc Financial Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 1.08 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
Custody
Reported custodians
- Bankers Trust Company $1.8B (40% of AUM) Mar 2026
- U.S. Bank $350M (11% of AUM) Dec 2020
- Wells Fargo $326M (9% of AUM) Mar 2018
- BNY Mellon $145M (3% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 23, 2026.
View current Form ADV (SEC/IAPD) ↗