Jones Road Capital Management, L.P.
- Regulatory AUM
- $350M
- Discretionary
- $350M
- Clients
- 4
- Avg AUM / client
- $87.6M
- Accounts
- 4
- Employees
- 6
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 26, 2026
Investments (13F portfolio — 14 positions, $55,278,559)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Nextera Energy Cap Hldgs Inc | NOTE 3.000% 3/0 | $15,490,118 | 11,154,000 | 28.0% | 4.42% |
| 2 | Carpenter Technology Corp | COM | $7,291,775 | 18,500 | 13.2% | 2.08% |
| 3 | Alibaba Group Hldg Ltd | NOTE 0.500% 6/0 | $6,571,565 | 4,732,000 | 11.9% | 1.88% |
| 4 | Meta Platforms Inc | CL A | $6,070,299 | 10,610 | 11.0% | 1.73% |
| 5 | Oracle Corp | COM | $5,722,579 | 38,900 | 10.4% | 1.63% |
| 6 | Invesco Exch Traded Fd Tr Ii | SR LN ETF | $4,082,000 | 200,000 | 7.38% | 1.16% |
| 7 | Boeing Co | DEP CONV PFD A | $3,419,176 | 52,700 | 6.19% | 0.98% |
| 8 | Pg&E Corp | NOTE 4.250%12/0 | $2,310,784 | 2,230,000 | 4.18% | 0.66% |
| 9 | Ati Inc | COM | $1,454,600 | 10,000 | 2.63% | 0.42% |
| 10 | Avalonbay Cmntys Inc | COM | $931,095 | 5,700 | 1.68% | 0.27% |
| 11 | Vistance Networks Inc | COM | $910,000 | 50,000 | 1.65% | 0.26% |
| 12 | Microsoft Corp | COM | $629,289 | 1,700 | 1.14% | 0.18% |
| 13 | Community Health Sys Inc New | COM | $301,056 | 102,400 | 0.54% | 0.09% |
| 14 | New Fortress Energy Inc | COM CL A | $94,223 | 159,700 | 0.17% | 0.03% |
Top 25 of 14 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 |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $350M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $309M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Jones Road Opportunity Master Fund I Lp master | Hedge Fund | Cayman Islands | $309M | 12 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Wertentheil, Aaron, Nmn | Managing Partner, Chief Executive Officer, Limited Partner | Sep 2017 (9y) | ≈ 0% – 5% via Jones Road Management, L.L.C. | |
| Connolly, James, Nmn | Senior Managing Director, Limited Partner | Nov 2017 (9y) | 25% – 50% | |
| Zou, Tyler, Tan | Investment Professional And Limited Partner | Jan 2023 (4y) | 5% – 10% | |
| Davis, Andrew, Steven | Chief Compliance Officer And Director Of Operations | Sep 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Jones Road Management, L.L.C. | General Partner | Sep 2017 | A | Less than 5% |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Wertentheil, Aaron, Nmn: 75% – 100% of Jones Road Management, L.L.C. × 0% – 5% direct ≈ 0% – 5% of the firm
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 (1, $309M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Jones Road Opportunity Master Fund I Lp | Hedge Fund | $309M | $5.0M | 12 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.27 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
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Goldman Sachs $221M (43% of AUM) Mar 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗