HMN Horace Mann Educators Corporation Common Stock

NYSE · Insurance · View on SEC EDGAR ↗
$51.70
Price · Aug 19, 2026
Fundamentals as of Aug 7, 2026
52W Range
$41–$56
73% of range
Analyst Rating
BUY
8 analysts
Price Target
$50
P/E (TTM)
11.8
ROE
11.7%
Net Profit Margin
9.5%

HMN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$51.70
Market Cap
—
P/E (TTM)
11.8
EPS (TTM)
$3.90
Revenue (TTM)
$1.70B
Div Yield
—
ROE
11.7%
Debt/Equity
0.0
52W Range
$41 – $56

HMN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.70B
10-point trend, +50.7%
2016-12-31 → 2025-12-31
EPS $3.90
10-point trend, +93.1%
2016-12-31 → 2025-12-31
Free Cash Flow —
Margins 9.5%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
HMN
Peer Median
P/E (TTM)
5-point trend, +23.6%
11.8
12.2

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
HMN
Peer Median
Net Profit Margin
5-point trend, -11.3%
9.5%
6.0%
ROA
5-point trend, +5.8%
1.1%
1.2%
ROE
5-point trend, +47.7%
11.7%
8.2%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
HMN
Peer Median
Debt / Equity
5-point trend, -100.0%
0.0
34.5

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
HMN
Peer Median
Revenue YoY
5-point trend, +28.0%
6.7%
—
Revenue CAGR 3Y
5-point trend, +28.0%
7.2%
—
Revenue CAGR 5Y
5-point trend, +28.0%
5.4%
—
EPS YoY
5-point trend, -3.5%
57.3%
—
Net Income YoY
5-point trend, -4.9%
57.7%
—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
HMN
Peer Median
EPS (Diluted)
5-point trend, -3.5%
$3.90
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
HMN
Peer Median
Payout Ratio
5-point trend, -2.1%
35.2%
—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
—
Payout Ratio
35.2%
5Y Div CAGR
—
Ex-dateAmount
June 15, 2026$0.3600
March 17, 2026$0.3600
Dec. 15, 2025$0.3500
Sept. 16, 2025$0.3500
June 16, 2025$0.3500
March 17, 2025$0.3500
Dec. 16, 2024$0.3400
Sept. 16, 2024$0.3400
June 13, 2024$0.3400
March 14, 2024$0.3400
Dec. 13, 2023$0.3300
Sept. 14, 2023$0.3300
June 14, 2023$0.3300
March 15, 2023$0.3300
Dec. 14, 2022$0.3200
Sept. 15, 2022$0.3200
June 14, 2022$0.3200
March 16, 2022$0.3200
Dec. 15, 2021$0.3100
Sept. 15, 2021$0.3100

HMN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 8 analysts
  • Strong Buy 2 25.0%
  • Buy 3 37.5%
  • Hold 3 37.5%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

2 analysts · 2026-08-13
Median target $50.50 -2.3%
Mean target $50.50 -2.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.22%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.17 $0.83 0.34%
March 31, 2026 $1.28 $1.10 0.18%
Dec. 31, 2025 $1.21 $1.19 0.02%
Sept. 30, 2025 $1.36 $1.12 0.24%
June 30, 2025 $1.06 $0.60 0.46%
March 31, 2025 $1.07 $0.98 0.09%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
HMN — 11.8 6.7% 9.5% 11.7% —
AAME $31M -6.7 0.77% -2.3% -4.2% —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 12
Annual Income Statement data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +60.4% $1.70B $1.60B $1.49B $1.38B $1.33B $1.31B $1.43B $1.19B $1.17B $1.13B $1.08B $1.06B
Operating Expenses 10-point trend, +106.4% $334M $295M $267M $256M · · $235M $205M $188M $173M $157M $162M
Interest Expense 12-point trend, +156.4% $36M $35M $30M $19M $14M $15M $16M $13M $12M $12M $13M $14M
Interest Income 6-point trend, +10.7% · · · · · · $375M $387M $383M $371M $342M $338M
Pretax Income 12-point trend, +37.7% $201M $129M $53M $16M $210M $160M $236M $20M $89M $114M $129M $146M
Income Tax 12-point trend, -6.6% $39M $26M $8M $-3M $40M $26M $52M $1M $-81M $30M $36M $42M
Net Income 12-point trend, +55.5% $162M $103M $45M $20M $170M $133M $184M $18M $169M $84M $93M $104M
EPS (Basic) 12-point trend, +57.2% $3.93 $2.49 $1.09 $0.48 $4.06 $3.18 $4.42 $0.44 $4.10 $2.04 $2.23 $2.50
EPS (Diluted) 12-point trend, +57.9% $3.90 $2.48 $1.09 $0.47 $4.04 $3.17 $4.40 $0.44 $4.08 $2.02 $2.20 $2.47
Shares (Basic) 12-point trend, -99.9% 41,200,000 41,300,000 41,300,000 41,600,000 42,000,000 41,900,000 41,700,000 41,570,492 41,364,546 41,158,349 41,914,864 41,646,281,000
Shares (Diluted) 12-point trend, -99.9% 41,600,000 41,500,000 41,400,000 41,800,000 42,200,000 42,000,000 41,900,000 41,894,232 41,564,979 41,475,516 42,424,806 42,230,559,000
EBITDA 12-point trend, +240.5% $27M $26M $26M $28M $18M $23M $16M $7M $7M $7M $8M $8M
Balance Sheet 18
Annual Balance Sheet data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +135.5% $28M $38M $29M $42M $133M $22M $25M $12M $8M $17M $16M $12M
PP&E (Net) 12-point trend, +128.2% $71M $73M $69M $69M $66M $65M $60M $41M $39M $32M $26M $31M
PP&E (Gross) 12-point trend, +36.7% $148M $143M $129M $148M $136M $131M $167M $142M $134M $121M $108M $108M
Accum. Depreciation 12-point trend, -0.2% $77M $70M $61M $79M $70M $67M $106M $101M $95M $89M $82M $77M
Goodwill 12-point trend, +14.6% $54M $54M $54M $54M $44M $44M $49M $47M $47M $47M $47M $47M
Intangibles 8-point trend, +141500000.00 $142M $156M $170M $185M $145M $158M $177M $0 · · · ·
Other Non-current Assets 5-point trend, +50.8% $434M $408M $358M $329M $288M · · · · · · ·
Total Assets 12-point trend, +56.3% $15.27B $14.49B $14.05B $13.31B $14.46B $13.47B $12.48B $11.03B $11.20B $10.58B $10.06B $9.77B
Short-term Debt 8-point trend, +0.00 $0 $0 $0 $249M $249M $135M $135M $0 · · · ·
Total Liabilities 12-point trend, +63.5% $13.78B $13.20B $12.87B $12.21B $12.58B $11.68B $10.91B $9.74B $9.70B $9.28B $8.79B $8.43B
Long-term Debt 12-point trend, +196.8% $593M $547M $546M $249M $254M $302M $298M $298M $297M $247M $247M $200M
Total Debt 6-point trend, -100.0% $0 · $0 $249M $249M $135M $135M · · · · ·
Common Stock 12-point trend, +56.2% $100.0K $100.0K $100.0K $100.0K $100.0K $100.0K $66.0K $66.0K $65.0K $65.0K $65.0K $64.0K
Retained Earnings 12-point trend, +55.0% $1.65B $1.55B $1.50B $1.51B $1.52B $1.43B $1.35B $1.22B $1.23B $1.16B $1.12B $1.07B
Treasury Stock 12-point trend, +27.0% $553M $532M $524M $517M $493M $488M $486M $486M $481M $479M $458M $436M
AOCI 3-point trend, -42.4% · · · · · · · · · $164M $163M $285M
Stockholders' Equity 12-point trend, +10.9% $1.48B $1.29B $1.18B $1.10B $1.50B $1.79B $1.57B $1.29B $1.50B $1.29B $1.26B $1.34B
Liabilities + Equity 12-point trend, +56.3% $15.27B $14.49B $14.05B $13.31B $14.38B $13.47B $12.48B $11.03B $11.20B $10.58B $10.06B $9.77B
Cash Flow 13
Annual Cash Flow data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +240.5% $27M $26M $26M $28M $18M $23M $16M $7M $7M $7M $8M $8M
Stock-based Comp 9-point trend, +18.7% $10M $10M $10M $9M $8M $7M $7M $8M $9M · · ·
Deferred Tax 12-point trend, -280.7% $-17M $6M $2M $-3M $12M $9M $20M $-3M $-85M $4M $6M $10M
Amort. of Intangibles 9-point trend, +14300000.00 $14M $14M $15M $17M $13M $14M $9M $0 $0 · · ·
Other Non-cash 12-point trend, +270.5% $371M $307M $220M $146M $31M $87M $-100M $178M $165M $113M $100M $100M
Operating Cash Flow 12-point trend, +149.3% $553M $452M $302M $172M $205M $260M $128M $201M $257M $211M $208M $222M
Investing Cash Flow 12-point trend, +55.4% $-252M $-136M $-107M $-215M $-302M $-407M $56M $-186M $-229M $-325M $-416M $-566M
Debt Issued 3-point trend, -0.8% $295M $0 $298M · · · · · · · · ·
Net Debt Issued $295M · · · · · · · · · · ·
Dividends Paid 12-point trend, +45.5% $57M $56M $54M $53M $51M $50M $47M $47M $46M $44M $43M $39M
Financing Cash Flow 12-point trend, -192.5% $-312M $-308M $-208M $-48M $208M $144M $-170M $-10M $-37M $115M $212M $337M
Net Change in Cash 9-point trend, -17.2% $-11M $8M $-13M $-91M $111M $-3M $14M $4M $-9M · · ·
Taxes Paid 8-point trend, +18.9% $35M $22M $14M · · · · $9M $16M $28M $25M $29M
Profitability 5
Annual Profitability data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Net Margin 12-point trend, -3.1% 9.5% 6.4% 3.0% -0.19% 10.7% 10.2% 12.9% 1.5% 14.5% 7.4% 8.6% 9.8%
Pretax Margin 12-point trend, -14.2% 11.8% 8.1% 3.6% -0.86% 13.2% 12.2% 16.5% 1.6% 7.6% 10.1% 12.0% 13.8%
EBITDA Margin 12-point trend, +112.0% 1.6% 1.7% 1.8% 2.0% 1.4% 1.8% 1.1% 0.62% 0.56% 0.61% 0.72% 0.75%
ROA 12-point trend, -2.7% 1.1% 0.72% 0.33% -0.02% 1.0% 1.0% 1.6% 0.17% 1.6% 0.81% 0.94% 1.1%
ROE 12-point trend, +47.4% 11.7% 8.0% 4.0% -0.24% 7.9% 7.6% 11.7% 1.4% 11.7% 6.1% 7.3% 7.9%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Debt / Equity 6-point trend, -100.0% 0.0 · 0.0 0.2 0.1 0.1 0.1 · · · · ·
Efficiency 1
Annual Efficiency data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +0.3% 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Per Share 5
Annual Per Share data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share 12-point trend, +62.8% $40.90 $38.44 $36.04 $33.08 $31.52 $31.17 $34.10 $28.44 $28.19 $0.03 $25.47 $25.12
Cash Flow / Share 12-point trend, +153.0% $13.30 $10.89 $7.30 $4.10 $4.86 $6.18 $3.04 $4.80 $6.17 $0.01 $4.88 $5.26
Dividend / Share 4-point trend, +9.4% $1 $1 $1 $1 · · · · · · · ·
Dividend Paid / Share 10-point trend, +43.5% · · $1 $1 $1 $1 $1 $1 $1 $1 $1 $1
EPS (TTM) 12-point trend, +57.9% $3.90 $2.48 $1.09 $0.47 $4.04 $3.17 $4.40 $0.44 $4.08 $2.02 $2.20 $2.47
Growth Rates 10
Annual Growth Rates data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, +362.5% 6.7% 6.9% 8.0% 3.9% 1.4% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +62.7% 7.2% 6.3% 4.4% · · · · · · · · ·
Revenue CAGR 5Y 5.4% · · · · · · · · · · ·
EPS YoY 5-point trend, +108.7% 57.3% 127.5% 131.9% -88.4% 27.4% · · · · · · ·
EPS CAGR 3Y 3-point trend, +442.2% 102.5% -15.0% -29.9% · · · · · · · · ·
EPS CAGR 5Y 4.2% · · · · · · · · · · ·
Net Income YoY 5-point trend, +107.3% 57.7% 128.4% 127.3% -88.4% 27.8% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +434.4% 101.6% -15.5% -30.4% · · · · · · · · ·
Net Income CAGR 5Y 4.0% · · · · · · · · · · ·
Dividend CAGR 5Y 2.9% · · · · · · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for HMN
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +60.4% $1.70B $1.60B $1.49B $1.38B $1.33B $1.31B $1.43B $1.19B $1.17B $1.13B $1.08B $1.06B
Net Income TTM 12-point trend, +55.5% $162M $103M $45M $20M $170M $133M $184M $18M $169M $84M $93M $104M
P/E 12-point trend, -11.9% 11.8 15.8 30.0 79.5 9.6 13.3 9.9 85.1 10.8 21.2 15.1 13.4
Earnings Yield 12-point trend, +13.6% 8.5% 6.3% 3.3% 1.3% 10.4% 7.5% 10.1% 1.2% 9.2% 4.7% 6.6% 7.4%
Payout Ratio 12-point trend, -6.4% 35.2% 54.0% 119.8% -2023.1% 36.0% 37.2% 25.7% 254.5% 27.2% 52.9% 45.5% 37.6%
Annual Payout 12-point trend, +45.5% $57M $56M $54M $53M $51M $50M $47M $47M $46M $44M $43M $39M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.70B$1.60B$1.49B$1.38B$1.33B
Net Income $162M$103M$45M$20M$170M
Diluted EPS $3.90$2.48$1.09$0.47$4.04
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.0—0.00.20.1

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Institutional owners (13F) 278 filers · $1.3B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
47 (+5 vs prior Q) 28 (-3 vs prior Q) 82 (+4 vs prior Q) 74 (-12 vs prior Q) +3.1M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $146,897,145 2,844,088 11.57% Shares
DIMENSIONAL FUND ADVISORS LP $109,437,161 2,118,822 8.62% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $98,953,061 1,915,839 7.79% Shares
STATE STREET CORP $96,606,955 1,870,047 7.61% Shares
VANGUARD CAPITAL MANAGEMENT LLC $94,011,677 1,820,168 7.41% Shares
AMERICAN CENTURY COMPANIES INC $64,448,973 1,247,802 5.08% Shares
EARNEST PARTNERS LLC $57,993,860 1,122,824 4.57% Shares
GEODE CAPITAL MANAGEMENT, LLC $49,177,883 951,916 3.87% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $45,211,414 875,342 3.56% Shares
BROWN ADVISORY INC $42,119,688 815,483 3.32% Shares
ALLIANCEBERNSTEIN L.P. $35,123,506 822,950 2.77% Shares
AMERIPRISE FINANCIAL INC $33,854,820 655,466 2.67% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $28,399,081 549,837 2.24% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $26,719,888 517,326 2.10% Shares
Bragg Financial Advisors, Inc $23,492,280 454,836 1.85% Shares
TWO SIGMA INVESTMENTS, LP $22,127,738 428,417 1.74% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $16,493,498 319,332 1.30% Shares
FMR LLC $15,751,619 304,968 1.24% Shares
VANGUARD FIDUCIARY TRUST CO $13,842,923 268,014 1.09% Shares
Bank of New York Mellon Corp $12,692,988 245,750 1.00% Shares
RAYMOND JAMES FINANCIAL INC $10,325,123 199,906 0.81% Shares
Empowered Funds, LLC $10,192,198 197,332 0.80% Shares
GOLDMAN SACHS GROUP INC $10,021,908 194,035 0.79% Shares
ICON ADVISERS INC/CO $7,491,161 145,037 0.59% Shares
ProShare Advisors LLC $7,362,708 142,550 0.58% Shares
PALISADE CAPITAL MANAGEMENT, LP $7,298,868 141,314 0.57% Shares
Public Sector Pension Investment Board $7,166,231 138,746 0.56% Shares
ENVESTNET ASSET MANAGEMENT INC $7,095,255 137,372 0.56% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $7,014,225 135,803 0.55% Shares
Trexquant Investment LP $6,926,007 134,095 0.55% Shares
NEW YORK STATE COMMON RETIREMENT FUND $6,265,403 121,305 0.49% Shares
RHUMBLINE ADVISERS $6,215,229 120,334 0.49% Shares
LAZARD ASSET MANAGEMENT LLC $5,072,908 98,217 0.40% Shares
EXCHANGE TRADED CONCEPTS, LLC $4,415,972 85,498 0.35% Shares
Quantinno Capital Management LP $4,407,564 85,335 0.35% Shares
Swiss National Bank $4,188,815 81,100 0.33% Shares
FRANKLIN RESOURCES INC $3,803,764 73,645 0.30% Shares
Emerald Investment Advisers, LLC $3,471,293 67,208 0.27% Shares
Brandywine Global Investment Management, LLC $3,287,092 71,180 0.26% Shares
Legal & General Group Plc $3,199,769 61,951 0.25% Shares
Edgestream Partners, L.P. $3,123,792 60,480 0.25% Shares
MARTINGALE ASSET MANAGEMENT L P $3,106,180 60,139 0.24% Shares
MILLENNIUM MANAGEMENT LLC $3,009,800 58,273 0.24% Shares
Qube Research & Technologies Ltd $2,968,429 57,472 0.23% Shares
BANK OF AMERICA CORP /DE/ $2,919,671 56,528 0.23% Shares
MERITAGE PORTFOLIO MANAGEMENT $2,741,430 59,364 0.22% Shares
CAPTRUST FINANCIAL ADVISORS $2,737,140 52,994 0.22% Shares
Hodges Capital Management Inc. $2,446,996 47,376 0.19% Shares
Corient Private Wealth LP $2,358,411 45,661 0.19% Shares
AlphaQuest LLC $2,320,406 50,247 0.18% Shares
XTX Topco Ltd $2,283,240 44,206 0.18% Shares
PRUDENTIAL FINANCIAL INC $2,170,075 42,015 0.17% Shares
Hillsdale Investment Management Inc. $2,096,990 40,600 0.17% Shares
JUPITER ASSET MANAGEMENT LTD $1,996,479 38,654 0.16% Shares
VOYA INVESTMENT MANAGEMENT LLC $1,991,986 38,567 0.16% Shares
VANGUARD ASSET MANAGEMENT, Ltd $1,928,663 37,341 0.15% Shares
FIFTH THIRD BANCORP $1,715,582 33,216 0.14% Shares
B. Metzler seel. Sohn & Co. AG $1,705,070 33,012 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $1,654,608 32,035 0.13% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $1,593,159 37,328 0.13% Shares
BlackRock, Inc. $1,552,289 30,054 0.12% Shares
Vanguard Global Advisers, LLC $1,516,237 29,356 0.12% Shares
VANGUARD GROUP INC $1,510,825 32,716 0.12% Shares
Connor, Clark & Lunn Investment Management Ltd. $1,493,821 28,922 0.12% Shares
Horizon Investments, LLC $1,425,798 27,605 0.11% Shares
KLP KAPITALFORVALTNING AS $1,384,220 26,800 0.11% Shares
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $1,313,511 25,431 0.10% Shares
Mariner, LLC $1,278,824 24,758 0.10% Shares
State of New Jersey Common Pension Fund D $1,254,630 24,291 0.10% Shares
MetLife Investment Management, LLC $1,226,171 23,740 0.10% Shares
North Star Investment Management Corp. $1,187,950 23,000 0.09% Shares
TD Asset Management Inc $1,177,620 22,800 0.09% Shares
NISA INVESTMENT ADVISORS, LLC $1,163,210 22,521 0.09% Shares
IEQ CAPITAL, LLC $1,162,031 22,498 0.09% Shares
INTECH INVESTMENT MANAGEMENT LLC $1,064,404 20,608 0.08% Shares
Illinois Municipal Retirement Fund $1,040,179 20,139 0.08% Shares
STIFEL FINANCIAL CORP $1,030,593 19,953 0.08% Shares
Ilex Capital Partners (UK) LLP $1,024,374 19,833 0.08% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $1,004,541 19,449 0.08% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $969,471 18,770 0.08% Shares
CWM, LLC $916,074 21,464 0.07% Shares
Louisiana State Employees Retirement System $914,205 17,700 0.07% Shares
TECTONIC ADVISORS LLC $905,808 17,537 0.07% Shares
OPPENHEIMER ASSET MANAGEMENT INC. $888,328 17,199 0.07% Shares
Invesco Ltd. $840,810 16,279 0.07% Shares
Cetera Investment Advisers $821,963 15,915 0.06% Shares
TWO SIGMA ADVISERS, LP $817,386 17,700 0.06% Shares
State of Tennessee, Department of Treasury $782,550 15,151 0.06% Shares
GABELLI FUNDS LLC $774,750 15,000 0.06% Shares
JANUS HENDERSON GROUP PLC $762,637 17,875 0.06% Shares
D. E. Shaw & Co., Inc. $739,370 14,315 0.06% Shares
Cornerstone Wealth Group, LLC $734,721 14,225 0.06% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $646,038 12,508 0.05% Shares
CANADA PENSION PLAN INVESTMENT BOARD $645,625 12,500 0.05% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $634,004 12,275 0.05% Shares
NJ State Employees Deferred Compensation Plan $632,380 14,000 0.05% Shares
Police & Firemen's Retirement System of New Jersey $628,839 12,175 0.05% Shares
HighTower Advisors, LLC $614,272 11,893 0.05% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $606,474 11,742 0.05% Shares
ARIZONA STATE RETIREMENT SYSTEM $576,466 11,161 0.05% Shares

Company insiders 61 insiders · 26 officers · 14 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Ryan E Greenier EVP & Chief Financial Officer March 4, 2026 A 12,425 0 0 $0
Dwayne D Hallman EVP and CFO Dec. 30, 2016 M 123,291 0 0 $0
Stephen J Mcanena EVP & Chief Operating Officer March 5, 2025 A 720 0 0 $0
Steven R Chauby Chief Marketing Officer March 26, 2026 P 4,643 1 0 $7,632
Jennifer L Mcginnis Vice President March 4, 2026 A 0 0 0 $0
Vanessa A Jackson Senior Vice President March 4, 2026 A 0 0 0 $0
Maureen Amanda Temchuk Controller & Chief Accting Off March 4, 2026 A 0 0 0 $0
Stephanie A Fulks Senior Vice President March 4, 2026 A 18,653 0 0 $0
Derik Tyson Sanders Senior Vice President March 4, 2026 A 1,913 0 0 $0
Donald M Carley General Counsel March 4, 2026 A 28,463 0 1 $-160,790
Mark R Desrochers Senior Vice President March 4, 2026 A 24,382 0 1 $-141,000
CONKLIN BRET A Executive Vice President Dec. 17, 2025 G 54,319 0 0 $0
Jennifer Thayer Chief Human Resources Officer March 5, 2025 A 7,469 0 0 $0
Kimberly A Johnson SVP & Controller Nov. 7, 2024 S 19,350 0 0 $0
Matthew P. Sharpe Executive Vice President March 6, 2024 A 70,777 0 0 $0
Michael Weckenbrock Senior Vice President May 18, 2023 S 5,424 0 0 $0
Wade Rugenstein Executive Vice President March 3, 2021 A 608 0 0 $0
Elizabeth P Moore Chief Human Resources Officer March 4, 2020 A 3,746 0 0 $0
William J. Caldwell Executive Vice President March 4, 2020 A 44,506 0 0 $0
Allan Robinson Executive Vice President Dec. 4, 2019 M 6,889 0 0 $0
Bret L Benham Executive Vice President March 5, 2019 A 0 0 0 $0
Sandra L. Figurski Senior Vice President Sept. 19, 2018 S 6,441 0 0 $0
John P. Mccarthy Senior Vice President Sept. 7, 2018 M 26,715 0 0 $0
Kelly Stacy Senior Vice President Dec. 29, 2016 M 186 0 0 $0
CAPARROS ANN M Corporate Secretary & CCO March 9, 2016 A 69,375 0 0 $0
Steve Cardinal EVP & Chief Marketing Officer March 4, 2015 A 129,003 0 0 $0
Aaliyah A Samuel Director May 20, 2026 A 11,396 0 0 $0
Perry G. Hines Director May 20, 2026 A 28,181 0 0 $0
Beverley J. Mcclure Director May 20, 2026 A 18,033 0 3 $-143,949
Victor Fetter Director May 20, 2026 A 26,772 1 0 $149,555
Elaine A Sarsynski Director May 20, 2026 A 16,910 0 0 $0
Mark E Konen Director May 20, 2026 A 25,410 0 0 $0
Daniel A Domenech Director May 25, 2022 A 25,448 0 0 $0
Robert Stricker Director Sept. 29, 2021 S 34,808 0 0 $0
Steven O. Swyers Director May 26, 2021 A 21,333 0 0 $0
Steve Hassenmiller Director May 22, 2019 A 24,664 0 0 $0
Ronald J. Helow Director May 23, 2018 A 35,899 0 0 $0
Gabriel Shaheen Director May 24, 2017 A 52,939 0 0 $0
Mary H Futrell Director May 20, 2015 A 67,711 0 0 $0
Roger Steinbecker Director March 6, 2015 S 34,419 0 0 $0
Henry Wade Reece — Aug. 12, 2026 S 41,795 0 2 $-129,591
Thomas A Bradley — Aug. 12, 2026 S 21,812 0 1 $-258,600
Marita Zuraitis — Aug. 3, 2026 S 307,129 0 14 $-2,950,293
Mark S Casady — May 25, 2022 A 6,308 0 0 $0
HECKMAN PETER H — Dec. 20, 2013 M 111,007 0 0 $0
Thomas Wilkinson — Nov. 20, 2013 M 60,155 0 0 $0
Paul D Andrews — June 13, 2013 M 39,917 0 0 $0
Charles R. Wright — May 22, 2013 A 39,767 0 0 $0
Brent H. Hamann — Nov. 22, 2010 M 24,167 0 0 $0
Louis G Lower II — Sept. 30, 2010 A 75,738 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 100 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
SIXS · EXCHANGE TRADED CONCEPTS TRUST 2.39% 66,314 NS May 31, 2026 N-PORT
SMDV · ProShares Trust 1.00% 143,872 NS May 31, 2026 N-PORT
HSMV · First Trust Exchange-Traded Fund III 0.80% 5,329 NS April 30, 2026 N-PORT
SIXL · EXCHANGE TRADED CONCEPTS TRUST 0.45% 18,758 NS May 31, 2026 N-PORT
FYC · First Trust Exchange-Traded AlphaDE… 0.35% 80,532 NS April 30, 2026 N-PORT
ROSC · Lattice Strategies Trust 0.31% 3,768 NS April 30, 2026 N-PORT
SMDX · Tidal Trust III 0.20% 5,514 NS April 30, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.16% 98,718 NS May 31, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.15% 904,836 NS May 31, 2026 N-PORT
PSC · Principal Exchange-Traded Funds 0.14% 64,509 NS June 30, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.12% 32,445 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.12% 60,420 NS April 30, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.09% 14,787 NS April 30, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.09% 150,819 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.09% 273,268 NS April 30, 2026 N-PORT
SAA · ProShares Trust 0.08% 487 NS May 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.07% 7,509 NS April 30, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.06% 12,677 NS May 31, 2026 N-PORT
RSSL · Global X Funds 0.06% 17,738 NS April 30, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.05% 103,571 NS May 31, 2026 N-PORT
JSTC · Tidal Trust I 0.05% 3,856 NS May 31, 2026 N-PORT
EBIT · Harbor ETF Trust 0.05% 125 NS April 30, 2026 N-PORT
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.05% 6,432 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.05% 1,918 NS May 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.04% 129,404 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.04% 194,785 NS May 31, 2026 N-PORT
AVIE · AMERICAN CENTURY ETF TRUST 0.03% 65 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.03% 1,501 NS May 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.03% 2,261 NS April 30, 2026 N-PORT
FNCL · FIDELITY COVINGTON TRUST 0.02% 11,408 NS April 30, 2026 N-PORT
URTY · ProShares Trust 0.02% 1,518 NS May 31, 2026 N-PORT
EBI · RBB Fund Trust 0.02% 2,579 NS May 31, 2026 N-PORT
TILT · FlexShares Trust 0.02% 7,238 NS April 30, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.01% 6,353 NS April 30, 2026 N-PORT
AVSU · AMERICAN CENTURY ETF TRUST 0.01% 1,196 NS May 31, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.01% 1,700 NS May 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.01% 99,964 NS April 30, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.01% 28,579 NS April 30, 2026 N-PORT
HDG · ProShares Trust 0.01% 38 NS May 31, 2026 N-PORT
AVUS · AMERICAN CENTURY ETF TRUST 0.01% 21,856 NS May 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.01% 3,837 NS April 30, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 10,481 NS April 30, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.00% 1,141 NS May 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 13,735 NS April 30, 2026 N-PORT
SCHB · SCHWAB STRATEGIC TRUST 0.00% 23,222 NS May 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS — — July 15, 2026 Daily
VB · VANGUARD INDEX FUNDS — — July 15, 2026 Daily
VBR · VANGUARD INDEX FUNDS — — July 15, 2026 Daily
VTI · VANGUARD INDEX FUNDS — — July 15, 2026 Daily
VFMF · VANGUARD WELLINGTON FUND — — July 30, 2026 Daily