AltMountain

Advanced Portfolio Management, LLC

New York, NY · CRD 138769
Hedge fund manager

Advanced Portfolio Management, LLC is an SEC-registered investment adviser based in New York, NY that reports managing 1 hedge fund on Form ADV. It reports $2.7 billion in regulatory assets under management. Its private funds, of all types, hold $34.6 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +21.1% 2025 YTD through Dec 31 (S&P 500: +16.4%), based on 13F filings. Over a longer period they returned an estimated +27.4% from Q3 2024 to Q4 2025, compared with +25.3% for the S&P 500, based on 13F filings.

Regulatory assets under management
$2.7 billionForm ADV Item 5.F
Gross assets of private funds
$34.6 millionAll private fund types, Form ADV
Hedge funds managed
11 private funds in total
Employees
12Form ADV Item 5.A
Registration
SEC-registered adviserCRD 138769
Latest Form ADV
09/17/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2025 YTD+21.1%Through Q4 2025 · S&P 500 +16.4%
Est. 2-year return+27.4%Q3 2024 – Q4 2025
S&P 500+25.3%Same quarters, price only
13F holdings$32.8 million37 positions, 2025-12-31
$100$116$131Q3 2024Q1 2025Q3 202513F est. $127S&P 500 $125
QuarterEst. 13F returnS&P 500
Q4 2025-2.8%+2.4%
Q3 2025+7.1%+7.8%
Q2 2025+16.6%+10.4%
Q1 2025-0.2%-4.5%
Q4 2024-0.0%+2.1%
Q3 2024+5.3%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Microsoft Corp Com$2.2 million
  • Broadcom Inc$2.1 million
  • Meta Platforms, Inc.$1.7 million
  • Amazon Com Inc Com$1.6 million
  • Oracle$1.5 million
  • Sofi Technologies Inc Com$1.4 million
  • Nvidia Corp$1.3 million
  • Salesforce Com Inc Com$1.3 million
  • Vistra Energy Corp Com$1.3 million
  • Venture Global Inc$1.2 million

As of 2025-12-31, from 13F filing by Advanced Portfolio Management, LLC.

Private funds reported on Form ADV (1)

As reported in the adviser's Form ADV filed Jul 24, 2024. Funds also listed from Form D are shown above.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures