9AT: PORT CAPITAL LLC

other names

PORT CAPITAL LLC

Adviser Profile

As of Date	03/21/2025
Registration	SEC, Approved, 05/06/2015
ADV Location	CHICAGO, IL, United States
Contact Info	312 xxxxxxx
Websites

AUM^*	2,647,943,228 16%
of that, discretionary	2,515,711,547 51%
Private Fund GAV^*	1,199,512,575
Avg Account Size	5,482,284 32%
% High Net Worth	89.65% 0%
SMA’s	Yes
Private Funds	5

Adviser Type

- Large advisory firm

Number of Employees 12 9%

of those in investment advisory functions 5 25%

Client Types

- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management

Accounting Firm Name	Filing Date	Form ADV-E
Accounting Firm Name DEMARCO SCIACCOTTA WILKENS & DUNLEAVY	Filing Date08/05/2025	Form ADV-E View Report
Accounting Firm Name DEMARCO SCIACCOTTA WILKENS & DUNLEAVY	Filing Date12/30/2024	Form ADV-E View Report
Accounting Firm Name DEMARCO SCIACCOTTA WILKENS & DUNLEAVY	Filing Date02/22/2024	Form ADV-E View Report
Accounting Firm Name DEMARCO SCIACCOTTA WILKENS & DUNLEAVY, LLP	Filing Date11/28/2022	Form ADV-E View Report

SEC Fund Type	Count	GAV
Fund TypeHedge Fund	Count5	GAV$1,199,512,575

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser FCO ADVISORS LP	Hedge Fund102.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV102.2m	AUM900.8m	#Funds5
Adviser PATIENT CAPITAL MANAGEMENT, LLC	Hedge Fund134.8m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV134.8m	AUM2.1b	#Funds1
Adviser CLEAR SKY ADVISERS, LLC	Hedge Fund514.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV514.5m	AUM514.5m	#Funds8
Adviser AQUATIC CAPITAL MANAGEMENT LLC	Hedge Fund6.8b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV6.8b	AUM5.5b	#Funds6
Adviser DARK FOREST CAPITAL MANAGEMENT LP	Hedge Fund1.6b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.6b	AUM1.7b	#Funds6
Adviser PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	Hedge Fund351.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV351.9m	AUM2.1b	#Funds2
Adviser CHILTON INVESTMENT COMPANY, INC.	Hedge Fund307.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV307.7m	AUM1.2b	#Funds5
Adviser CONTEXT CAPITAL MANAGEMENT LLC	Hedge Fund2.7b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.7b	AUM5.0b	#Funds3
Adviser GABELLI & COMPANY INVESTMENT ADVISERS, INC.	Hedge Fund829.3m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV829.3m	AUM1.3b	#Funds10
Adviser NORTHWEST INVESTMENT MANAGEMENT (HONG KONG) LIMITED	Hedge Fund1.4b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.4b	AUM1.5b	#Funds3

Brochure Summary

Overview

A. Business Commencement Date Port Capital LLC (“Port Capital”, the “Firm”, “we”, “our” or “us”) was founded in March 2015. B. Ownership Brien M. O’Brien is the principal shareholder (i.e., shareholder controlling 25% or more of Port Capital). C. Investment Services Clients in Separately Managed Accounts Pursuant to an investment management agreement (the “Advisory Agreement”), Port Capital provides continuous advice to Clients (defined below) in separately managed accounts (“SMAs”) regarding the investment of Client funds based on the individual needs of the Client. We manage investments with discretionary or non-discretionary authority on behalf of Clients. Account supervision is guided by the Client’s stated objectives (e.g., capital appreciation, growth, income, etc.), as well as tax considerations. Clients may impose guidelines or restrictions on investing in certain securities, types of securities, or industry sectors. Once a Client portfolio is established, the account is reviewed at least quarterly and, if necessary, the portfolio is rebalanced based on the Client’s individual needs. Port Capital’s investment recommendations are limited to specific products or services offered by broker/dealers and/or issuers, and will generally include consideration of the following types of securities:
• Exchange-listed securities (stocks,

mutual funds, ETFs)
• Corporate Bonds
• Municipal Bonds
• U.S. Government-issued bonds
• Private Limited Partnerships Because some types of investments involve certain additional degrees of risk, they generally only will be recommended when consistent with the Client’s stated investment objectives, tolerance for risk, liquidity and suitability. Private Funds Port Capital also serves as investment adviser to and general partner of certain private investment funds (individually a “Fund” and collectively, the “Funds;” as the context may require, Funds and SMAs may be referred to collectively as Port Capital’s “Clients”). The Funds offer interests (“Interests”) to certain qualified investors as described in response to Item 7, below (such investors are referred to herein as “Investors”). The Funds are managed in accordance with the terms, objectives and strategies described in their respective offering memorandum, limited partnership agreement and subscription agreement (the “Offering Documents”). D. Wrap Fee Programs Port Capital does not participate in any wrap fee programs. E. Assets Under Management As of December 31, 2023, Port Capital has approximately $2.163 billion of assets under management on a discretionary basis and approximately $123 million of assets under management on a non- discretionary basis.

PORT CAPITAL LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Form ADV-E Surprise Examination Reports

Private Funds Structure

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Brochure Summary

Overview