AUMdb

Deepwater Asset Management, Llc

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 316507 · SEC file 801-126301 · Minneapolis, MN · twitter.com
☆ Save with Pro ADV data as of Mar 20, 2026
Regulatory AUM
$627M
Discretionary
$627M
Clients
10
Avg AUM / client
$62.7M
Accounts
13
Employees
9

AUM over time

$253M $627M
Jun 30, 2022 Mar 20, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 20, 2026

Investments (13F portfolio — 39 positions, $157,846,156)

13F period Mar 31, 2026
#IssuerClassValueShares% of 13F% of AUM
1 Reddit Inc CL A $8,849,063 65,719 5.61% 1.41%
2 Sterling Infrastructure Inc COM $8,428,453 20,695 5.34% 1.34%
3 Nu Hldgs Ltd ORD SHS CL A $7,566,753 526,566 4.79% 1.21%
4 Credo Technology Group Holdi ORDINARY SHARES $6,893,155 73,433 4.37% 1.1%
5 Uber Technologies Inc COM $6,240,215 86,754 3.95% 1.0%
6 Vertiv Holdings Co COM CL A $6,181,808 24,670 3.92% 0.99%
7 Datadog Inc CL A COM $6,023,265 51,023 3.82% 0.96%
8 Marvell Technology Inc COM $5,409,319 54,612 3.43% 0.86%
9 Lam Research Corp COM NEW $5,119,935 23,963 3.24% 0.82%
10 Asml Hldg Nv N Y REGISTRY SHS $5,012,550 3,795 3.18% 0.8%
11 Rambus Inc Del COM $4,992,837 58,036 3.16% 0.8%
12 Mercadolibre Inc COM $4,944,997 2,860 3.13% 0.79%
13 Coherent Corp COM $4,776,825 20,053 3.03% 0.76%
14 Cameco Corp COM $4,731,920 43,568 3.0% 0.76%
15 Intuitive Surgical Inc COM NEW $4,726,069 10,252 2.99% 0.75%
16 Shift4 Pmts Inc CL A $4,683,920 107,110 2.97% 0.75%
17 Take Two Interactive Softwar COM $4,656,063 23,575 2.95% 0.74%
18 Vistra Corp COM $4,648,955 30,925 2.95% 0.74%
19 Shopify Inc CL A SUB VTG SHS $4,495,935 37,902 2.85% 0.72%
20 Global E Online Ltd SHS $4,448,539 144,199 2.82% 0.71%
21 Rubrik Inc. CL A $4,334,139 88,506 2.75% 0.69%
22 Atlassian Corporation CL A $4,209,387 61,676 2.67% 0.67%
23 Snowflake Inc COM SHS $4,173,793 27,674 2.64% 0.67%
24 Aerovironment Inc COM $4,144,252 22,640 2.63% 0.66%
25 Mercury Sys Inc COM $4,128,456 56,624 2.62% 0.66%

Top 25 of 39 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
Investment companies 2 $170M 27.1%
Pooled investment vehicles (non-investment companies) 8 $288M 45.9%
Other Fewer than 5 clients $169M 27.0%

Private funds (5)

Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $133M combined gross assets

FundTypeDomicileGross assetsOwners
Titan Partnership Lp Hedge Fund New York $40.0M 4
Deepwater Public Private Fund, Lp Hedge Fund Delaware $35.0M 3
Loup Ventures Fund I Lp Venture Capital Fund Delaware $33.0M 3
Deepwater Venture Fund Ii, Lp Venture Capital Fund Delaware $20.0M 5
Deepwater Spv I, Lp Venture Capital Fund Delaware $5.0M 4

People (4)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Douglas J Clinton Managing Partner Feb 2017 (10y) 25% – 50%
Munster, Charles, Eugene Managing Partner Feb 2017 (10y) 25% – 50%
Murphy, Andrew, Hutchins Managing Partner, Chief Compliance Officer Feb 2017 (10y) 25% – 50%
Joseph Conroy Robillard Managing Partner Jun 2022 (4y) 25% – 50%

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 (5, $133M gross assets)

FundTypeGross assetsMin. investmentOwners
Titan Partnership Lp Hedge Fund $40.0M $1.0M 4
Deepwater Public Private Fund, Lp Hedge Fund $35.0M $1.0M 3
Loup Ventures Fund I Lp Venture Capital Fund $33.0M $200K 3
Deepwater Venture Fund Ii, Lp Venture Capital Fund $20.0M $200K 5
Deepwater Spv I, Lp Venture Capital Fund $5.0M $50.0K 4

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/20/2026 2.5 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

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 20, 2026.

View current Form ADV (SEC/IAPD) ↗