Investment adviser · CRD 158049

FJ CAPITAL MANAGEMENT LLC

Investment adviser filing (IA)

MCLEAN, VA, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $1.08B
Client accounts: 10
Employees: 18
Advisory professionals: 13

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	6	$746,863,000	69.2%
Other clients	4	$332,933,000	30.8%

Filing source

Form ADV 2064351 · Mar 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

13 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

FINANCIAL OPPORTUNITY FUND LLCHedge Fund · Last reported Mar 30, 2026$657MGross asset value

Form D fundraising filings

FINANCIAL OPPORTUNITY FUND LLC

Feeder funds

FINANCIAL OPPORTUNITY FUND LTD

Fund administrator NORTHERN TRUST CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & COMPANY, LTD. TOWSON, Maryland, United States

Custodian GOLDMAN SACHS & CO. LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer BOLDWATER PARTNERS NEW YORK, New York, United States Related to adviser: No

Marketer CARDO HOLDINGS CRS, LTD. HERZLIYA, Israel Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHEN & COMPANY, LTD.
PCAOB 925

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-3516382987
Reported beneficial owners: 69
Minimum commitment: $1M
Form D file number: 021-286418

Form ADV 2064351 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FINANCIAL OPPORTUNITY LONG/SHORT FUND LLCHedge Fund · Last reported Mar 30, 2026$43.8MGross asset value

Form D fundraising filings

Financial Opportunity Long/Short Fund LLC

Feeder funds

FINANCIAL OPPORTUNITY LONG/SHORT FUND LTD.

Fund administrator NORTHERN TRUST CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & COMPANY, LTD. TOWSON, Maryland, United States

Custodian GOLDMAN SACHS & CO. LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer BOLDWATER PARTNERS NEW YORK, New York, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

COHEN & COMPANY, LTD.
PCAOB 925

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-8880627407
Reported beneficial owners: 36
Minimum commitment: $1M
Form D file number: 021-286420

Form ADV 2064351 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FINANCIAL HYBRID OPPORTUNITY SPV IPrivate Equity Fund · Last reported Mar 30, 2026$25.3MGross asset value

Fund administrator NORTHERN TRUST CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & COMPANY, LTD. TOWSON, Maryland, United States

Custodian GOLDMAN SACHS & CO. LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHEN & COMPANY, LTD.
PCAOB 925

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-2114280307
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2064351 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FINANCIAL HYBRID OPPORTUNITY FUND LLCPrivate Equity Fund · Last reported Mar 30, 2026$20.9MGross asset value

Fund administrator NORTHERN TRUST CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & COMPANY, LTD. TOWSON, Maryland, United States

Custodian GOLDMAN SACHS & CO. LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHEN & COMPANY, LTD.
PCAOB 925

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-5793439908
Reported beneficial owners: 32
Minimum commitment: $1M

Form ADV 2064351 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

UNRELATED PRIVATE FUND IIIOther Private Fund · Last reported Apr 6, 2018$211MGross asset value

Custodian GOLDMAN SACHS & CO. LLC NEW JERSEY, New Jersey, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: No
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-2413763401
Reported beneficial owners: 15
Minimum commitment: $0

Form ADV 1207361 · Apr 6, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

UNRELATED PRIVATE FUND XIOther Private Fund · Last reported Apr 6, 2018$34.5MGross asset value

Custodian GOLDMAN SACHS & CO. LLC NEW JERSEY, New Jersey, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: No
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-9552984275
Reported beneficial owners: 16
Minimum commitment: $0

Form ADV 1207361 · Apr 6, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

UNRELATED PRIVATE FUND VIIIOther Private Fund · Last reported Apr 6, 2018$16.3MGross asset value

Custodian GOLDMAN SACHS & CO. LLC NEW JERSEY, New Jersey, United States Related to adviser: No

Prime broker BTIG, LLC NEW YORK, New York, United States

Provider details

Annual audit: No
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

GOLDMAN SACHS & CO. LLC
SEC 8-129

BTIG, LLC
CRD 122225 · SEC 8-65473

Fund details & source

Fund ID: 805-5814005473
Reported beneficial owners: 16
Minimum commitment: $0

Form ADV 1207361 · Apr 6, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 30, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

7901 JONES BRANCH DRIVE, SUITE 210
MCLEAN, VA, 22102-3340, United States

CRD 158049

Filing source

Form ADV 2064351 · Mar 30, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.