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SB INVESTMENT ADVISERS (US) INC.
CRD 286323File 801-108927
APPROVED
Custody
Filing as of Jun 24, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$53.47B
Top 10% of cohort (national)
Discretionary AUM
$53.47B
Clients
1
1 accounts
Employees
194
Top 10% of cohort in CA
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- SFRO
- Registration date
- Jan 23, 2017
- Principal office
- 300 EL CAMINO REAL, BUILDING 2, MENLO PARK, CA, 94025-5239
- Phone
- 650-562-8211
- Website
- HTTP://WWW.VISIONFUND.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $53.47B
- Discretionary AUM
- $53.47B
- Non-discretionary AUM
- $0
- Discretionary accounts
- 1
- Non-discretionary accounts
- 0
- Total accounts
- 1
- AUM per client
- $53.47B
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 1 | $53.47B |
Compensation & activities
ADV Items 5E, 5GCompensation
- 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
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Jul 1, 2026 | Employees | 241 | 194 | decreased by47 |
| Jul 1, 2026 | AUM | $60,920,473,437 | $53,472,500,786 | decreased by$7,447,972,651 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 286 | 241 | decreased by45 |
| Dec 1, 2025 vs May 1, 2025 | AUM | $65,300,371,127 | $60,920,473,437 | decreased by$4,379,897,690 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 191 | 286 | increased by95 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $89,327,704,660 | $65,300,371,127 | decreased by$24,027,333,533 |
| Jul 1, 2022 | Employees | 153 | 191 | increased by38 |
| Jul 1, 2022 | Clients | 2 | 1 | decreased by1 |
| Jul 1, 2022 | AUM | $156,323,516,424 | $89,327,704,660 | decreased by$66,995,811,764 |
| Jul 1, 2022 | Accounts | 2 | 1 | decreased by1 |
| Jul 1, 2021 | Employees | 201 | 153 | decreased by48 |
| Jul 1, 2021 | Clients | 4 | 2 | decreased by2 |
| Jul 1, 2021 | AUM | $93,805,946,491 | $156,323,516,424 | increased by$62,517,569,933 |
| Jul 1, 2021 | Accounts | 4 | 2 | decreased by2 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “SB INVESTMENT” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“SB INVESTMENT” may also match similarly-named firms). Confirm identity against each filing.
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.