Debussy Capital Management Lp
- Regulatory AUM
- $5.6B
- Discretionary
- $2.4B
- Clients
- 2,461
- Avg AUM / client
- $2.3M
- Accounts
- 9,855
- Employees
- 68
AUM over time
Annual snapshots from Form ADV filings · as of Jul 21, 2026
Investments (13F portfolio — 281 positions, $723,498,029)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Apple Inc | COM | $37,351,034 | 147,173 | 5.16% | 0.66% |
| 2 | Applied Matls Inc | COM | $28,253,706 | 82,664 | 3.91% | 0.5% |
| 3 | Spdr Series Trust | STATE STREET SPD | $27,782,426 | 362,979 | 3.84% | 0.49% |
| 4 | Spdr Index Shs Fds | STATE STREET SPD | $23,542,950 | 515,727 | 3.25% | 0.42% |
| 5 | Nvidia Corporation | COM | $20,897,617 | 119,826 | 2.89% | 0.37% |
| 6 | Alphabet Inc | CAP STK CL A | $19,851,233 | 69,033 | 2.74% | 0.35% |
| 7 | Borgwarner Inc | COM | $18,611,701 | 343,010 | 2.57% | 0.33% |
| 8 | Bank New York Mellon Corp | COM | $18,208,362 | 153,489 | 2.52% | 0.32% |
| 9 | Goldman Sachs Etf Tr | ACCES TREASURY | $17,435,885 | 174,028 | 2.41% | 0.31% |
| 10 | Ishares Silver Tr | ISHARES | $17,394,163 | 255,271 | 2.4% | 0.31% |
| 11 | Amgen Inc | COM | $16,424,727 | 46,681 | 2.27% | 0.29% |
| 12 | Schwab Charles Corp | COM | $14,980,558 | 159,402 | 2.07% | 0.27% |
| 13 | Schwab Strategic Tr | US LRG CAP ETF | $14,165,148 | 552,463 | 1.96% | 0.25% |
| 14 | Schwab Strategic Tr | SHT TM US TRES | $13,484,799 | 555,616 | 1.86% | 0.24% |
| 15 | Medtronic Plc | SHS | $12,771,591 | 147,393 | 1.77% | 0.23% |
| 16 | Schwab Strategic Tr | INTL EQTY ETF | $12,531,579 | 506,326 | 1.73% | 0.22% |
| 17 | State Str Spdr S&P 500 Etf T | TR UNIT | $11,020,129 | 16,945 | 1.52% | 0.2% |
| 18 | Ishares Gold Tr | ISHARES NEW | $10,155,591 | 115,195 | 1.4% | 0.18% |
| 19 | Spdr Gold Tr | GOLD SHS | $9,339,875 | 21,706 | 1.29% | 0.17% |
| 20 | Caterpillar Inc | COM | $8,891,902 | 12,551 | 1.23% | 0.16% |
| 21 | Eli Lilly & Co | COM | $8,881,299 | 9,656 | 1.23% | 0.16% |
| 22 | Spdr Series Trust | STATE STREET SPD | $8,720,898 | 147,263 | 1.21% | 0.15% |
| 23 | Marvell Technology Inc | COM | $8,677,416 | 87,606 | 1.2% | 0.15% |
| 24 | Spdr Series Trust | STATE STREET SPD | $8,327,695 | 172,345 | 1.15% | 0.15% |
| 25 | Tesla Inc | COM | $8,080,508 | 21,736 | 1.12% | 0.14% |
Top 25 of 281 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 |
|---|---|---|---|
| Individuals (non-high net worth) | 1,121 | $800M | 14.2% |
| High net worth individuals | 1,304 | $4.5B | 80.2% |
| Pooled investment vehicles (non-investment companies) | 1 | $30.4M | 0.54% |
| Pension and profit sharing plans | 34 | $136M | 2.4% |
| Other investment advisers | 1 | $150M | 2.66% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $34.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cornerstone Diversified Portfolio, Lp | Hedge Fund | Delaware | $34.0M | 74 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Knock, Inc. Profit Sharing And 401(k) Plan Knock, Inc. | 2024 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Alan Sternberg | Co Founder / Ceo | Dec 2011 (15y) | ≈ 14.06% – 50% via Aaj Ventures Inc | |
| Hergott, Scott, Lee | Cio | Jan 2013 (14y) | Less than 5% | |
| Bassewitz, Marc, D | Chief Compliance Officer/General Counsel | Jan 2019 (8y) | Less than 5% | |
| Peck, Michael, Dillon | Member | Nov 2021 (5y) | 25% – 50% of Vft Holdings Gp Llc (indirect) | |
| Guzman, Yadira | Cfo | Jan 2022 (5y) | Less than 5% | |
| Frank Domenic Pellicori | President & Director Of Wealth Management | Apr 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Vft Holdings Lp | Member | Dec 2014 | A | 75% or more |
| Vcm Equity Holdings Llc | Member | Oct 2017 | A | 10% – 25% |
| Vft & Vcm Gp I Llc | General Partner | Nov 2021 | A | Less than 5% |
| Aaj Ventures Inc | Limited Partner | Dec 2014 | B | ≈ 18.75% – 50% via Vft Holdings Lp |
| Vft Holdings Lp | Managing Member | Oct 2017 | B | GP / trustee / elected manager of Vcm Equity Holdings Llc (indirect) |
| Vft Holdings Gp Llc | General Partner | Nov 2021 | B | GP / trustee / elected manager of Vft Holdings Lp (indirect) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- David Alan Sternberg: 75% – 100% of Aaj Ventures Inc × 25% – 50% of Vft Holdings Lp × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Aaj Ventures Inc: 25% – 50% of Vft Holdings Lp × 75% – 100% direct ≈ 18.75% – 50% 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.
Private funds (1, $34.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cornerstone Diversified Portfolio, Lp | Hedge Fund | $34.0M | $500K | 74 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Knock, Inc. Profit Sharing And 401(k) Plan | Knock, Inc. | 101 | $16.7M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/17/2026 | 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
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning 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
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $2.6B (47% 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: Jul 21, 2026.
View current Form ADV (SEC/IAPD) ↗