Acuitas Investments, Llc
- Regulatory AUM
- $1.5B
- Discretionary
- $1.5B
- Clients
- 3
- Avg AUM / client
- $494M
- Accounts
- 7
- Employees
- 7
AUM over time
Annual snapshots from Form ADV filings · as of Apr 16, 2026
Investments (13F portfolio — 9 positions, $1,409,435)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Slb Limited | COM STK | $421,398 | 8,200 | 29.9% | 0.03% |
| 2 | Vesta Real Estate Corp | ADS | $296,726 | 8,900 | 21.1% | 0.02% |
| 3 | Marchex Inc | CL B | $207,238 | 133,702 | 14.7% | 0.01% |
| 4 | Cresud S A C I F Y A | SPONSORED ADR | $127,200 | 10,000 | 9.02% | 0.01% |
| 5 | New Found Gold Corp | COM | $126,100 | 65,000 | 8.95% | 0.01% |
| 6 | Banco Bradesco S A | SP ADR PFD NEW | $116,435 | 31,900 | 8.26% | 0.01% |
| 7 | Brbi Br Partners Sa | SPONSORED ADR | $44,670 | 3,000 | 3.17% | 0.0% |
| 8 | Kaltura Inc | COM | $36,600 | 30,000 | 2.6% | 0.0% |
| 9 | Godaddy Inc | CL A | $33,068 | 400 | 2.35% | 0.0% |
Top 25 of 9 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 |
|---|---|---|---|
| Investment companies | 1 | $103M | 6.96% |
| Pooled investment vehicles (non-investment companies) | 2 | $4.8M | 0.32% |
| State or municipal government entities | Fewer than 5 clients | $1.4B | 92.7% |
| Other | 0 | $471K | 0.03% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $5.5M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Acuitas Emerging Markets Small Cap Fund, Lp | Other Private Fund | Washington | $4.1M | 7 |
| Acuitas Long/Short Fund, Lp | Hedge Fund | Washington | $1.4M | 6 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Southern California Edison Company Retirement Plan Southern California Edison Company | Rosemead, CA | 2024 |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dennis Wesley Jensen | Manager | CFA | Nov 2010 (16y) | 25% – 50% |
| Christopher David Tessin | Manager And Member | CFA | Jan 2011 (16y) | 50% – 75% |
| Thenell, Lisa, Marie | Chief Compliance Officer/Chief Operating Officer | Jan 2019 (8y) | Less than 5% |
Undisclosed: 0% – 25% 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 (2, $5.5M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Acuitas Emerging Markets Small Cap Fund, Lp | Other Private Fund | $4.1M | $250K | 7 |
| Acuitas Long/Short Fund, Lp | Hedge Fund | $1.4M | $250K | 6 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Southern California Edison Company Retirement Plan | Southern California Edison Company | 8,726 | $4.7B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/16/2026 | 1.34 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 investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $433M (29% of AUM) Apr 2026
- Northern Trust $395M (27% of AUM) Apr 2026
- State Street $268M (18% of AUM) Apr 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: Apr 16, 2026.
View current Form ADV (SEC/IAPD) ↗