Karani Asset Management Llc
- Regulatory AUM
- $151M
- Discretionary
- $151M
- Clients
- 43
- Avg AUM / client
- $3.5M
- Accounts
- 43
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Investments (13F portfolio — 54 positions, $122,104,591)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Nvidia Corporation | COM | $10,926,160 | 62,650 | 8.95% | 7.24% |
| 2 | Apple Inc | COM | $10,547,512 | 41,560 | 8.64% | 6.99% |
| 3 | Alphabet Inc | CAP STK CL A | $8,677,986 | 30,178 | 7.11% | 5.75% |
| 4 | State Str Spdr S&P 500 Etf T | TR UNIT | $7,869,114 | 12,100 | 6.44% | 5.22% |
| 5 | Microsoft Corp | COM | $7,830,576 | 21,154 | 6.41% | 5.19% |
| 6 | Asml Hldg Nv | NY REGISTRY SHS | $5,350,682 | 4,051 | 4.38% | 3.55% |
| 7 | Rli Corp | COM | $4,509,468 | 79,058 | 3.69% | 2.99% |
| 8 | Mastercard Incorporated | CL A | $4,343,045 | 8,692 | 3.56% | 2.88% |
| 9 | Steel Dynamics Inc | COM | $4,158,720 | 23,104 | 3.41% | 2.76% |
| 10 | S&P Global Inc | COM | $4,060,296 | 9,546 | 3.33% | 2.69% |
| 11 | Cummins Inc | COM | $3,910,867 | 7,269 | 3.2% | 2.59% |
| 12 | Old Dominion Freight Line In | COM | $3,783,139 | 19,361 | 3.1% | 2.51% |
| 13 | Deere & Co | COM | $3,723,413 | 6,610 | 3.05% | 2.47% |
| 14 | American Express Co | COM | $3,657,891 | 12,093 | 3.0% | 2.42% |
| 15 | Applied Matls Inc | COM | $3,220,345 | 9,422 | 2.64% | 2.13% |
| 16 | Jpmorgan Chase & Co | COM | $2,972,193 | 10,104 | 2.43% | 1.97% |
| 17 | Intuit | COM | $2,963,100 | 6,853 | 2.43% | 1.96% |
| 18 | Henry Jack & Assoc Inc | COM | $2,274,670 | 14,393 | 1.86% | 1.51% |
| 19 | Lam Research Corp | COM NEW | $2,027,420 | 9,489 | 1.66% | 1.34% |
| 20 | Texas Instrs Inc | COM | $1,727,069 | 8,896 | 1.41% | 1.14% |
| 21 | Kla Corp | COM NEW | $1,560,755 | 1,060 | 1.28% | 1.03% |
| 22 | Analog Devices Inc | COM | $1,537,252 | 4,832 | 1.26% | 1.02% |
| 23 | Advanced Micro Devices Inc | COM | $1,448,625 | 7,121 | 1.19% | 0.96% |
| 24 | Cadence Design System Inc | COM | $1,254,027 | 4,513 | 1.03% | 0.83% |
| 25 | Caterpillar Inc | COM | $1,227,053 | 1,732 | 1.0% | 0.81% |
Top 25 of 54 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) | 12 | $2.0M | 1.35% |
| High net worth individuals | 26 | $46.0M | 30.5% |
| Charitable organizations | 2 | $80.8M | 53.5% |
| Corporations and other businesses | 2 | $15.1M | 10.0% |
| Other | 1 | $6.9M | 4.59% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bayles, Richard, Lyman | Member, Manager | May 2018 (8y) | 75% or more | |
| Youngdawn Daniel Ha | Member | May 2018 (8y) | 10% – 25% | |
| Martucci, Toni, Lynn | Chief Compliance Officer | Oct 2022 (4y) | Less than 5% |
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 919 KB | 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 individuals/small businesses
- • Other services
Custody
Reported custodians
- U.S. Trust Company Of Delaware $119M (36% of AUM) Mar 2019
- State Street $80.8M (54% of AUM) Mar 2026
- Fiduciary Trust Company International $42.7M (28% of AUM) Mar 2026
- Fnz Trust Company $18.6M (12% of AUM) Mar 2026
- Brown Brothers Harriman & Co. $16.2M (14% of AUM) Sep 2023
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: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗