AUMdb

Heartwood Funds, Llc

SEC-registered Investment Adviser · Small ($100M–$1B) CRD 136940 · SEC file 801-66295 · New York, NY · HEARTWOODFUNDS.COM
☆ Save with Pro ADV data as of Mar 12, 2026
Regulatory AUM
$318M
Discretionary
$88.9M
Clients
3
Avg AUM / client
$106M
Accounts
3
Employees
2

AUM over time

$292M $1.0B
Mar 20, 2012 Mar 12, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 12, 2026

Investments (13F portfolio — 70 positions, $388,899)

13F period Mar 31, 2025
#IssuerClassValueShares% of 13F% of AUM
1 Apple Inc COM $26,100 117,497 6.71% 0.01%
2 Microsoft Corp COM $20,213 53,846 5.2% 0.01%
3 Nvidia Corp COM $19,343 178,472 4.97% 0.01%
4 Amazon.Com Inc COM $14,182 74,540 3.65% 0.0%
5 Alphabet Inc COM $13,531 87,087 3.48% 0.0%
6 Paramount Global COM $11,923 996,892 3.07% 0.0%
7 Medtronic Plc COM $11,100 123,520 2.85% 0.0%
8 Altria Group Inc COM $10,426 173,715 2.68% 0.0%
9 Meta Platforms Inc COM $10,326 17,916 2.66% 0.0%
10 Tyson Foods Inc COM $9,658 151,356 2.48% 0.0%
11 Pfizer Inc COM $9,408 371,257 2.42% 0.0%
12 Amgen Inc COM $9,060 29,082 2.33% 0.0%
13 International Flavors & Fragrances Inc COM $9,045 116,546 2.33% 0.0%
14 Mc Cormick & Company Inc COM $8,895 108,071 2.29% 0.0%
15 Jazz Pharmaceuticals Plc COM $8,776 70,692 2.26% 0.0%
16 United States Steel Corp COM $8,758 207,242 2.25% 0.0%
17 Adobe Inc COM $8,727 22,754 2.24% 0.0%
18 Hasbro Inc COM $8,638 140,472 2.22% 0.0%
19 United Parcel Service Inc COM $8,360 76,011 2.15% 0.0%
20 Fmc Corp COM $8,072 191,320 2.08% 0.0%
21 Colgate Palmolive Co COM $7,989 85,258 2.05% 0.0%
22 Clorox Co COM $7,816 53,077 2.01% 0.0%
23 Biogen Inc COM $7,785 56,894 2.0% 0.0%
24 Hexcel Corp COM $7,755 141,614 1.99% 0.0%
25 Regeneron Pharmaceuticals Inc COM $7,740 12,203 1.99% 0.0%

Top 25 of 70 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 typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 2 $88.9M 28.0%
Sovereign wealth funds and foreign official institutions 1 $229M 72.0%

Private funds (2)

Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $65.0M combined gross assets

FundTypeDomicileGross assetsOwners
Sanlam Centre Africa Equity Fund, Ltd Other Private Fund Cayman Islands $52.0M 3
Heartwood Segregated Model Portfolio Companies Spc Other Private Fund Cayman Islands $13.0M 2

People (1)

NameRole / titleCredentialsWith firm sinceOwnership
Abate, James, Albert Managing Director/Chief Investment Officer/Chief Compliance Officer, Managing Member Dec 2005 (21y) 75% or more

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Sanlam International Investments Usa Holdings, Inc. Member Sep 2010 A 10% – 25%

Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.

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 (2, $65.0M gross assets)

FundTypeGross assetsMin. investmentOwners
Sanlam Centre Africa Equity Fund, Ltd Other Private Fund $52.0M $5.0M 3
Heartwood Segregated Model Portfolio Companies Spc Other Private Fund $13.0M $100K 2

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/12/2026 1.32 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

  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses/institutional clients
  • Selection of other advisers

Custody

Firm reports having 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 12, 2026.

View current Form ADV (SEC/IAPD) ↗