Investment adviser · CRD 161109

SBB RESEARCH GROUP LLC

Investment adviser filing (IA)

NORTHBROOK, IL, United States · Form ADV filed Aug 5, 2026

Regulatory AUM
$3.26B
Form ADV · Item 5.F
Client accounts
11
Accounts, not individual clients
Employees
28
Reported in this filing
Advisory professionals
11
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles7$3,197,997,81398.1%
High-net-worth individuals3$58,598,8831.8%
Other clientsFewer than 5$3,644,1670.1%
Filing source

Form ADV 2116263 · Aug 5, 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

12 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.

SBB RESEARCH GROUP FUND CPS XI LLC SERIES CHedge Fund · Last reported Aug 5, 2026$1.23BGross asset value
Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-2823800645
Reported beneficial owners
2
Minimum commitment
$1M
Form D file number
021-260049

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP POLYSIGHT III LLCHedge Fund · Last reported Aug 5, 2026$991MGross asset value

Form D fundraising filings

SBB Research Group Polysight III, LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-1102297252
Reported beneficial owners
7
Minimum commitment
$50M
Form D file number
021-421551

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP POLYSIGHT I LLCHedge Fund · Last reported Aug 5, 2026$369MGross asset value

Form D fundraising filings

SBB Research Group Polysight I LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian J.P. MORGAN SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-6792590774
Reported beneficial owners
41
Minimum commitment
$1M
Form D file number
021-219319

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP POLYSIGHT V LLCHedge Fund · Last reported Aug 5, 2026$192MGross asset value

Form D fundraising filings

SBB Research Group Polysight V LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: Yes
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-4812248447
Reported beneficial owners
2
Minimum commitment
$1M
Form D file number
021-200337

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP FUND CPS XI LLC SERIES AHedge Fund · Last reported Aug 5, 2026$141MGross asset value

Form D fundraising filings

SBB RESEARCH GROUP CPS FUND XI LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-1211831209
Reported beneficial owners
5
Minimum commitment
$1M
Form D file number
021-260049

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP POLYSIGHT ODIN LLCHedge Fund · Last reported Aug 5, 2026$135MGross asset value

Form D fundraising filings

SBB Research Group Polysight Odin LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-5916376776
Reported beneficial owners
2
Minimum commitment
$1M
Form D file number
021-455159

Form ADV 2116263 · Aug 5, 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.

SBB RESEARCH GROUP POLYSIGHT II LLCHedge Fund · Last reported Aug 5, 2026$84.5MGross asset value

Form D fundraising filings

SBB RESEARCH GROUP POLYSIGHT II LLC

Auditor BAKER TILLY VIRCHOW KRAUSE, LLP CHICAGO, Illinois, United States
Custodian J.P. MORGAN SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian RBC CAPITAL MARKETS, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian STIFEL, NICOLAUS & COMPANY, INCORPORATED CHICAGO, Illinois, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES INC. PHILADELPHIA, Pennsylvania, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BAKER TILLY VIRCHOW KRAUSE, LLP
PCAOB 23

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

RBC CAPITAL MARKETS, LLC
SEC 8-45411

STIFEL, NICOLAUS & COMPANY, INCORPORATED
SEC 8-1447

UBS FINANCIAL SERVICES INC.
SEC 8-16267

Fund details & source
Fund ID
805-3336632529
Reported beneficial owners
4
Minimum commitment
$1M
Form D file number
021-307142

Form ADV 2116263 · Aug 5, 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.

Services & filing details

Most recent filing: Aug 5, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

450 SKOKIE BLVD., BUILDING 600
NORTHBROOK, IL, 60062, United States

CRD 161109

Filing source

Form ADV 2116263 · Aug 5, 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.