Aperture Investors, Llc
- Regulatory AUM
- $6.1B
- Discretionary
- $5.8B
- Clients
- 20
- Avg AUM / client
- $303M
- Accounts
- 21
- Employees
- 78
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Investments (13F portfolio — 87 positions, $791,341,677)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Cava Group Inc | COM | $35,673,664 | 440,960 | 4.51% | 0.59% |
| 2 | Linde Plc | SHS | $33,322,508 | 67,215 | 4.21% | 0.55% |
| 3 | Ormat Technologies Inc | COM | $31,438,216 | 280,899 | 3.97% | 0.52% |
| 4 | Interdigital Inc | COM | $31,308,340 | 103,670 | 3.96% | 0.52% |
| 5 | Sitime Corp | COM | $30,315,168 | 87,781 | 3.83% | 0.5% |
| 6 | Millicom Intl Cellular S A | COM STK | $30,026,210 | 400,670 | 3.79% | 0.5% |
| 7 | Sharkninja Inc | COM SHS | $27,590,445 | 260,533 | 3.49% | 0.46% |
| 8 | Viavi Solutions Inc | COM | $26,108,593 | 784,513 | 3.3% | 0.43% |
| 9 | Shake Shack Inc | CL A | $26,061,670 | 294,582 | 3.29% | 0.43% |
| 10 | Spx Technologies Inc | COM | $25,547,533 | 127,776 | 3.23% | 0.42% |
| 11 | Floor & Decor Hldgs Inc | CL A | $23,766,069 | 467,836 | 3.0% | 0.39% |
| 12 | Federal Signal Corp | COM | $23,392,412 | 216,316 | 2.96% | 0.39% |
| 13 | Forgent Power Solutions Inc | COM SHS CL A | $23,271,523 | 795,064 | 2.94% | 0.38% |
| 14 | Sterling Infrastructure Inc | COM | $22,972,472 | 56,406 | 2.9% | 0.38% |
| 15 | Vanguard Star Fds | VG TL INTL STK F | $22,431,839 | 290,907 | 2.83% | 0.37% |
| 16 | Allegro Microsystems Inc | COM | $22,376,021 | 709,674 | 2.83% | 0.37% |
| 17 | Powell Inds Inc | COM | $21,354,263 | 39,466 | 2.7% | 0.35% |
| 18 | Helios Technologies Inc | COM | $19,672,034 | 304,003 | 2.49% | 0.32% |
| 19 | Aaon Inc | COM PAR $0.004 | $15,094,593 | 182,412 | 1.91% | 0.25% |
| 20 | Vail Resorts Inc | COM | $14,496,824 | 112,974 | 1.83% | 0.24% |
| 21 | Vanguard Intl Equity Index F | FTSE EMR MKT ETF | $14,233,095 | 263,332 | 1.8% | 0.23% |
| 22 | Argan Inc | COM | $12,563,986 | 23,068 | 1.59% | 0.21% |
| 23 | Williams Cos Inc | COM | $12,118,889 | 166,514 | 1.53% | 0.2% |
| 24 | Nvidia Corporation | COM | $11,780,022 | 67,546 | 1.49% | 0.19% |
| 25 | Hayward Hldgs Inc | COM | $11,267,124 | 842,087 | 1.42% | 0.19% |
Top 25 of 87 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 |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 20 | $5.8B | 95.1% |
| Corporations and other businesses | 0 | $298M | 4.92% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $293M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Aperture Discover Master Fund, Lp master | Hedge Fund | Cayman Islands | $293M | 4 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kraus, Peter, Steven | Chairman, Ceo, Managing Member | Mar 2018 (8y) | 25% – 50% | |
| Macdonald, Ryan, Scott | Chief Compliance Officer | Nov 2022 (4y) | Less than 5% | |
| O'connor, James, Kenneth | President | Nov 2022 (4y) | Less than 5% | |
| Spadaccini, Thomas, Darryl | Chief Operating Officer | Nov 2022 (4y) | Less than 5% | |
| Freeman, Benjamin, Jeffrey | General Counsel | Jan 2023 (4y) | Less than 5% | |
| Curtin, Thomas, Joseph | Chief Financial Officer | Feb 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Generali Alpha Corp | Member | Aug 2018 | A | 50% – 75% |
| Generali Investment Holdings Spa | Owner, Generali Alpha Corp | Aug 2018 | B | ≈ 37.5% – 75% via Generali Alpha Corp |
| Assicurazoni Generali S.P.A | Owner, Generali Investment Holdings Spa | Aug 2018 | B | ≈ 18.75% – 56.25% via Generali Investment Holdings Spa |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Generali Investment Holdings Spa: 75% – 100% of Generali Alpha Corp × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Assicurazoni Generali S.P.A: 50% – 75% of Generali Investment Holdings Spa × 75% – 100% of Generali Alpha Corp × 50% – 75% direct ≈ 18.75% – 56.25% 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, $293M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Aperture Discover Master Fund, Lp | Hedge Fund | $293M | $1.0M | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.86 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
- • Other fees
- • STRUCTURING, ORIGINATION, COMMITEMENT, ARRANGING, SYNDICATION
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗