Private company
Who owns Ethic Inc.
One company in the researched set discloses a stake in Ethic Inc., none of it sized by anyone who discloses it. Ethic Inc. is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Ethic Inc. - Profile
- Type
- private company
- Based in
- United States
Ethic Inc. is a New York based asset management technology firm and registered investment adviser that builds customised equity portfolios for financial advisers and institutions. Its main product is direct indexing: instead of buying a fund, a client holds the underlying shares of an index in a separately managed account, which Ethic then tilts toward the values and sustainability criteria the client selects and manages for tax outcomes through loss harvesting, phased transitions of legacy holdings and gifting of appreciated stock. It also runs model portfolios and unified managed accounts. The firm reports more than 10 billion dollars in assets and works with over 350 partner firms, and raised a 64 million dollar Series D round announced in April 2025.
Source
Ethic Inc. files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Ethic solutions page, Ethic about page and State Street Global Advisors announces strategic partnership and investment in Ethic, 3 April 2025. The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- State Street Corporation. State Street Global Advisors (SSGA) led Ethic Inc.'s $64 million Series D funding round, announced 3 April 2025, alongside a revenue-sharing distribution partnership for SPDR ETFs on Ethic's platform. The press release states SSGA led the round but does not disclose SSGA's own dollar contribution or the equity percentage it received, so the SSGA-specific share and value fields cannot be sourced; $64,000,000 is the total round size, not SSGA's stake. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Ethic Inc. where a holder stated one, and are missing where no holder did.