Waterhill Capital, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$55,000,000
This total excludes 1 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Total clients
15
60% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
15
Average account size
$3,666,667
About
WaterHill Capital is a single-advisor registered investment adviser that provides discretionary portfolio management to individual investors, including IRAs and trusts, and also serves limited partners in a private investment partnership. Its client base therefore includes both separate managed accounts and pooled investment vehicle interests.
The firm pursues long-term capital appreciation with an emphasis on capital preservation, using a "go anywhere, buy anything" methodology that focuses on identifying undervalued publicly traded securities across stocks, bonds, closed‑end funds and ETFs, and it does not employ leverage, futures, or private securities in portfolio management. Separate accounts and the pooled fund are managed under substantially the same strategy, and the firm offers performance-fee arrangements for eligible clients that include a high‑water‑mark and hurdle provision.
What is distinctive for a solo independent adviser of this size is that the firm acts as general partner and portfolio manager of a private limited partnership and routinely manages pooled vehicles—services that are uncommon among peers—while also employing performance‑based fee arrangements. The firm is operated solely by its managing member (a successor to a prior sole-proprietorship practice), discloses potential order‑bundling between proprietary and client trades, and maintains discretion over fund redemption terms, concentrating investment and operational responsibility in one principal.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Fee options
$0 - $1,000,000: 1.5% annually $1,000,000+: 1.0% annually
Performance Fee Program and WaterHill Partners Fund: 15% of gains above 5% threshold annually, subject to high-water mark; only for Qualified Clients with $1.1 million initial account value or $2.2 million net worth
Account minimum: $250,000 minimum (may accept smaller accounts at discretion; Fund minimum $250,000 but not less than $25,000) Fee-only: Managed Assets Program: tiered percentage of AUM fees as above; Performance Fee Program: quarterly management fees plus performance fees
Most active in
Waterhill Capital, LLC has reported serving >5 clients in these states in the last 12 months.
Washington
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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