Nepsis, Inc.
- Regulatory AUM
- $345M
- Discretionary
- $345M
- Clients
- 590
- Avg AUM / client
- $584K
- Accounts
- 1,267
- Employees
- 37
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Feb 04, 2026
Investments (13F portfolio — 28 positions, $294,824,191)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Advanced Micro Devices Inc | COM | $17,484,810 | 30,099 | 5.93% | 5.08% |
| 2 | Amgen Inc | COM | $16,991,757 | 46,923 | 5.76% | 4.93% |
| 3 | Rli Corp | COM | $16,692,532 | 282,589 | 5.66% | 4.85% |
| 4 | Snowflake Inc | COM SHS | $16,573,804 | 65,123 | 5.62% | 4.81% |
| 5 | Renaissancere Hldgs Ltd | COM | $15,527,889 | 48,999 | 5.27% | 4.51% |
| 6 | Chubb Limited | COM | $15,400,205 | 45,196 | 5.22% | 4.47% |
| 7 | Devon Energy Corp New | COM | $15,254,375 | 369,177 | 5.17% | 4.43% |
| 8 | Bristol Myers Squibb Co | COM | $14,895,346 | 258,510 | 5.05% | 4.32% |
| 9 | United Therapeutics Corp Del | COM | $14,777,330 | 27,273 | 5.01% | 4.29% |
| 10 | Servicenow Inc | COM | $13,933,551 | 140,346 | 4.73% | 4.04% |
| 11 | Arista Networks Inc | COM SHS | $13,718,320 | 80,753 | 4.65% | 3.98% |
| 12 | Visa Inc | COM CL A | $13,291,930 | 38,742 | 4.51% | 3.86% |
| 13 | Reddit Inc | CL A | $12,346,572 | 71,129 | 4.19% | 3.58% |
| 14 | Shopify Inc | CL A SUB VTG SHS | $12,220,457 | 107,028 | 4.15% | 3.55% |
| 15 | Uber Technologies Inc | COM | $12,205,287 | 169,142 | 4.14% | 3.54% |
| 16 | Mastercard Incorporated | CL A | $12,168,360 | 23,692 | 4.13% | 3.53% |
| 17 | Super Micro Computer Inc | COM NEW | $11,412,215 | 389,097 | 3.87% | 3.31% |
| 18 | Medtronic Plc | SHS | $11,260,896 | 143,946 | 3.82% | 3.27% |
| 19 | American Intl Group Inc | COM NEW | $11,091,513 | 148,819 | 3.76% | 3.22% |
| 20 | X Energy Inc | COM CL A | $6,797,092 | 370,212 | 2.31% | 1.97% |
| 21 | Health Catalyst Inc | COM | $5,922,612 | 2,976,187 | 2.01% | 1.72% |
| 22 | Piedmont Realty Trust Inc | COM CL A | $4,422,341 | 483,316 | 1.5% | 1.28% |
| 23 | National Health Invs Inc | COM | $3,109,044 | 40,769 | 1.05% | 0.9% |
| 24 | Iron Mtn Inc Del | COM | $2,782,862 | 22,032 | 0.94% | 0.81% |
| 25 | Southern Co | COM | $2,382,700 | 24,895 | 0.81% | 0.69% |
Top 25 of 28 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 |
|---|---|---|---|
| Individuals (non-high net worth) | 494 | $121M | 35.0% |
| High net worth individuals | 96 | $223M | 64.6% |
| Pension and profit sharing plans | Fewer than 5 clients | $1.3M | 0.37% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mark William Pearson | President & Chief Compliance Officer | Feb 2001 (26y) | 75% or more | |
| Kevin M Distad | Registered representative | Jul 2015 (11y) | ||
| Matthew Thomas Pearson | Registered representative | Aug 2015 (11y) | ||
| Joshua Michael Englund | Registered representative | Dec 2015 (11y) | ||
| Thomas Donald Schmid | Registered representative | Feb 2016 (11y) | ||
| Charles Darwin Etzweiler | Registered representative | CFP | Jan 2018 (9y) | |
| Robert J Lewis | Registered representative | Sep 2018 (8y) | ||
| David John Christianson | Registered representative | CFP | Dec 2020 (6y) | |
| David Eugene Paradise | Registered representative | Jul 2021 (5y) | ||
| Kurt James Obermiller | Registered representative | Jun 2022 (4y) | ||
| Darryl Joseph Chouinard | Registered representative | Jan 2023 (4y) | ||
| Nathan Diercks | Registered representative | May 2023 (3y) |
Undisclosed: 0% – 25% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/04/2026 | 1.09 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Subscription fees
- • Fixed fees
- • Other fees
- • FEES FOR RESEARCH SERVICES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Educational seminars/workshops
Custody
Reported custodians
- Pershing $345M (100% of AUM) Feb 2026
- E*TRADE (Morgan Stanley) $209M (100% of AUM) Jan 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 04, 2026.
View current Form ADV (SEC/IAPD) ↗