Soroban Capital Partners: Platform Profile

Overview

Soroban Capital Partners is a New York-based SEC-registered private-fund adviser. Current regulatory records show ten pooled-investment-vehicle accounts and a platform that includes opportunity, long-only equity and decarbonization-related hedge-fund structures.

Its Q2 2026 Form 13F is a particularly important example of why reported option values must not be read as ordinary firm AUM.

May fit better for

• qualified investors seeking concentrated equity-oriented hedge-fund exposure;
• investors comfortable with large directional and options positions;
• allocators evaluating opportunity and long-only structures separately;
• institutions capable of assessing high private-fund minimums;
• investors comfortable with a private pooled-vehicle model.

May fit less well for

• retail users seeking public subscription;
• investors who interpret 13F option values as cash market exposure;
• users who treat 13F value as firm AUM;
• investors requiring low concentration;
• users expecting one minimum across every Soroban vehicle.

Soroban is SEC registered

Current IAPD:

• Legal adviser: Soroban Capital Partners LP
• CRD: 157360
• SEC number: 801-73573
• SEC registration effective: 2012-03-21
• SEC registered investment adviser: Yes

Regulatory AUM is $15.674B

Current March 27, 2026 Form-ADV disclosures show:

• Regulatory AUM: $15.674B
• Regulatory AUM as of: 2026-03-27
• Discretionary AUM: $15.674B
• Client accounts: 10
• Pooled vehicle share of AUM: 100%
• Employees: 39

All reported regulatory AUM is discretionary.

Q2 2026 13F value is $47.802B

Regulatory filings show:

• Q2 2026 13F value: $47.802B
• Q2 2026 13F as of: 2026-06-30
• Q2 2026 13F holding count: 25

The filing includes very large option positions.

The 13F value can exceed regulatory AUM because option positions are reported using Form 13F conventions that are not equivalent to firm net assets or regulatory AUM.

Current ADV-derived private-fund totals also differ from regulatory AUM

FilingExplorer reports from the March 2026 filing:

• Private fund count: 21
• Private fund aggregate gross assets: $42.5B
• Private fund aggregate gross assets source date: 2026-03-27

Master-feeder relationships and gross-asset reporting can create totals well above regulatory AUM.

Older fund schedules show strategy-specific minimums

AUMdb's accessible detailed fund schedule is tied to an older reporting set and includes:

• Historical fund schedule period: 2024
• Soroban Opportunities Master minimum: $25M
• Soroban Long Only Equity Master minimum: $5M
• Soroban Decarbonization Beneficiaries Master minimum: $5M

Current strategy structure includes distinct vehicle families

Regulatory fund records support:

• Opportunities strategy: Yes
• Long Only Equity strategy: Yes
• Decarbonization Beneficiaries strategy: Yes

These are separate private-fund structures, not one identical portfolio.

Assessment

Soroban is the clearest 13F trap in Batch 80.

A casual database import could turn a $47.802B Q2 13F into a claim that Soroban manages almost $48B. The current Form ADV says $15.674B of regulatory AUM.

The difference is not a rounding issue. Large reported option positions and filing definitions make the 13F figure a poor substitute for firm AUM.