HedgeMountain

FNY Investment Advisers, LLC

New York, NY · CRD 295433
Hedge fund manager

FNY Investment Advisers, LLC is an SEC-registered investment adviser based in New York, NY that reports managing 1 hedge fund on Form ADV. It reports $2.9 billion in regulatory assets under management. Its private funds, of all types, hold $2.9 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +13.1% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +43.0% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$2.9 billionForm ADV Item 5.F
Gross assets of private funds
$2.9 billionAll private fund types, Form ADV
Hedge funds managed
11 private funds in total
Employees
132Form ADV Item 5.A
Registration
SEC-registered adviserCRD 295433
Latest Form ADV
03/30/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+13.1%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+43.0%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$276.5 million758 positions, 2026-06-30
$100$121$143Q3 2024Q1 2025Q3 2025Q1 202613F est. $143S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+10.3%+14.8%
Q1 2026+2.5%-4.6%
Q4 2025-3.4%+2.4%
Q3 2025+12.7%+7.8%
Q2 2025+8.4%+10.4%
Q1 2025-2.9%-4.5%
Q4 2024+3.2%+2.1%
Q3 2024+6.9%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Nuvalent Inc$13.5 million
  • Nextera Energy Inc SHS$9.5 million
  • Codere Online Luxembourg S A$6.2 million
  • Canadian Natl RY Co$5.2 million
  • Philip Morris Intl Inc Com$5.0 million
  • 811927102$5.0 million
  • Sandisk$4.3 million
  • Futurecrest Acquisition Corp$3.9 million
  • Nvidia Corp$3.8 million
  • Archimedes Tech Spac Partner$3.5 million

As of 2026-06-30, from 13F filing by FNY Investment Advisers, LLC.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures