Investure, Llc
- Regulatory AUM
- $38.5B
- Discretionary
- $22.1B
- Clients
- 38
- Avg AUM / client
- $1.0B
- Accounts
- 58
- Employees
- 51
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Asset allocation (SMA assets by investment type)
as of Mar 27, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Investments (13F portfolio — 17 positions, $2,039,149,958)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard Index Fds | S&P 500 ETF SHS | $924,324,998 | 1,546,858 | 45.3% | 2.4% |
| 2 | J P Morgan Exchange Traded F | BETABULDRS JAPAN | $226,527,981 | 3,287,302 | 11.1% | 0.59% |
| 3 | Ishares Tr | CORE MSCI EAFE | $223,085,022 | 2,464,211 | 10.9% | 0.58% |
| 4 | Vanguard Index Fds | TOTAL STK MKT | $207,131,297 | 645,651 | 10.2% | 0.54% |
| 5 | Ishares Inc | CORE MSCI EMKT | $180,505,816 | 2,587,897 | 8.85% | 0.47% |
| 6 | Spdr Series Trust | STATE STREET SPD | $52,656,693 | 412,250 | 2.58% | 0.14% |
| 7 | Equity Residential | SH BEN INT | $24,787,931 | 419,069 | 1.22% | 0.06% |
| 8 | Essex Ppty Tr Inc | COM | $24,398,682 | 100,821 | 1.2% | 0.06% |
| 9 | Invitation Homes Inc | COM | $23,587,769 | 949,206 | 1.16% | 0.06% |
| 10 | Camden Ppty Tr | SH BEN INT | $23,218,470 | 237,748 | 1.14% | 0.06% |
| 11 | Ishares Tr | LOW CARBON OPTIM | $23,205,707 | 104,151 | 1.14% | 0.06% |
| 12 | Avalonbay Cmntys Inc | COM | $23,184,266 | 141,930 | 1.14% | 0.06% |
| 13 | Udr Inc | COM | $23,049,411 | 682,339 | 1.13% | 0.06% |
| 14 | Mid Amer Apt Cmntys Inc | COM | $22,637,140 | 185,368 | 1.11% | 0.06% |
| 15 | American Homes 4 Rent | CL A | $22,286,023 | 798,210 | 1.09% | 0.06% |
| 16 | Vanguard Scottsdale Fds | SHORT TERM TREAS | $13,007,588 | 222,200 | 0.64% | 0.03% |
| 17 | Ishares Tr | CORE US AGGBD ET | $1,555,164 | 15,666 | 0.08% | 0.0% |
Top 25 of 17 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 |
|---|---|---|---|
| High net worth individuals | Fewer than 5 clients | $1.4B | 3.61% |
| Pooled investment vehicles (non-investment companies) | 20 | $19.9B | 51.5% |
| Charitable organizations | 18 | $17.3B | 44.8% |
Private funds (21)
View all →Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $18.0B combined gross assets
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Juilliard School EIN 131624067 | New York, NY | 06/30/2024 |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Miller, Bruce, Ashton | Managing Member/Chief Executive Officer | Mar 2004 (22y) | 25% – 50% | |
| Seam, Puja | Member/Chief Operating Officer | Feb 2012 (15y) | 10% – 25% | |
| Shapowal, Andriy | Member | Jan 2013 (14y) | 10% – 25% | |
| Morgan, Chad, Ryan | Member | Jan 2015 (12y) | 10% – 25% | |
| Jonathan Warren Hill | Member | CFA | Jan 2016 (11y) | 10% – 25% |
| Swartz, Alexander, Joel | Member/Chief Compliance Officer/General Counsel | Mar 2017 (9y) | Less than 5% | |
| Bezouchko, Vitali | Member/Chief Data Officer | Sep 2017 (9y) | Less than 5% | |
| Varnes, Andrew | Member/Chief Financial Officer | Jan 2018 (9y) | Less than 5% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
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.
Private funds (21, $18.0B gross assets)
From Form ADV Section 7.B private fund reporting.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Juilliard School | Public charity | $1.7B | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 4.97 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
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $2.0B (13% of AUM) Jan 2018
- Northern Trust $1.9B (5% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 27, 2026.
View current Form ADV (SEC/IAPD) ↗