Sovereigns Algorithmic Trading Fund LLC is a hedge fund based in Sheridan, Wyoming. According to its most recent Form D, filed Oct 1, 2026, the fund has sold $112,500 of interests to 7 investors since its first sale in Sep 2026. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include William Underwood; Solomon Cates.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $112,500Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Sep 16, 2026
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- William Underwood; Solomon Cates
- Latest Form D
- Oct 1, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sovereigns Algorithmic Trading Fund LLC
What is the minimum investment for Sovereigns Algorithmic Trading Fund LLC?
According to its latest Form D, filed Oct 1, 2026, the minimum investment Sovereigns Algorithmic Trading Fund LLC accepts from an outside investor is $10,000.
Who can invest in Sovereigns Algorithmic Trading Fund LLC?
Sovereigns Algorithmic Trading Fund LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Sovereigns Algorithmic Trading Fund LLC raised?
Sovereigns Algorithmic Trading Fund LLC reports $112,500 sold from 7 investors on its Form D filed Oct 1, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Sovereigns Algorithmic Trading Fund LLC based?
Sovereigns Algorithmic Trading Fund LLC is based in Sheridan, Wyoming.
When did Sovereigns Algorithmic Trading Fund LLC launch?
Sovereigns Algorithmic Trading Fund LLC reports its first sale in Sep 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 24% of the 41 hedge funds based in Wyoming, and more than 1% of all 10,308 that report sales.