WATEREQUITY LLC

CRD 281955File 801-121365

APPROVED

Custody

Filing as of Jul 8, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$450.2M

Above cohort median (national)

Discretionary AUM

$450.2M

Clients

6 accounts

Employees

Below cohort median in MO

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: CHRO
Registration date: May 28, 2021
Principal office: 117 W. 20TH STREET, SUITE 204, KANSAS CITY, MO, 64108-1825
Phone: 816-800-8100
Website: https://waterequity.com

Assets & accounts

ADV Item 5F

Total regulatory AUM: $450.2M
Discretionary AUM: $450.2M
Non-discretionary AUM: $0
Discretionary accounts: 6
Non-discretionary accounts: 0
Total accounts: 6
AUM per client: $75.0M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Pooled investment vehicles	6	$450.2M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Other (described) — ACQUISITION AND MONITORING FEES
Performance-based fees
A percentage of assets under your management

Advisory activities

Portfolio management for pooled investment vehicles

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: Yes
Firm Custody Clients: Yes
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: Yes

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.