KIM Kimco Realty Corporation (HC) Common Stock
About Kimco Realty Corporation (HC) Common Stock Company overview from Wikipedia
Kimco Realty Corporation – colloquially known as Kimco – is a real estate investment trust headquartered in Jericho, New York, that invests in shopping centers throughout the Contiguous United States and the Commonwealth of Puerto Rico.
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Kimco Realty Corporation – colloquially known as Kimco – is a real estate investment trust headquartered in Jericho, New York, that invests in shopping centers throughout the Contiguous United States and the Commonwealth of Puerto Rico.
Overview
As of December 31, 2025, the company owned interests in 565 U.S. shopping centers and mixed-use assets comprising 100 million square feet of gross leasable space.
Kimco was the first public vertically integrated REIT designed to be internally managed and advised, providing its own property and asset management.
History
The Kimco Corporation, the predecessor of the company, was founded in 1966 by a group of real estate investors, including Martin Kimmel and Milton Cooper, who merged their retail assets. This asset merger led to the new company being named Kim-co. The company was incorporated in 1973.
In 1988, the company acquired Gold Circle for $325 million.
In November 1991, the company became a public company via an initial public offering, raising $120 million.
In 1998, the company acquired Price REIT for $535 million in stock.
In October 2003, the company acquired Mid-Atlantic Realty Trust for $441 million. A few years later, in 2007, Kimco acquired The Birchwood Organization – another Long Island-based company – for $92 million.
In August 2021, the company acquired Weingarten Realty.
In November 2022, the company acquired a portfolio of eight Long Island, NY shopping centers for $375.8 million.
In January 2024, Kimco acquired RPT Realty, making the company the largest shopping center REIT.
In October 2024, the company acquired Waterford Lakes Town Center for $322 million.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
KIM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
KIM Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| June 5, 2026 | $0.2600 |
| March 6, 2026 | $0.2600 |
| Dec. 5, 2025 | $0.2600 |
| Sept. 5, 2025 | $0.2500 |
| June 6, 2025 | $0.2500 |
| March 7, 2025 | $0.2500 |
| Dec. 5, 2024 | $0.2500 |
| Sept. 5, 2024 | $0.2400 |
| June 6, 2024 | $0.2400 |
| March 6, 2024 | $0.2400 |
| Dec. 6, 2023 | $0.3300 |
| Sept. 6, 2023 | $0.2300 |
| June 7, 2023 | $0.2300 |
| March 8, 2023 | $0.2300 |
| Dec. 8, 2022 | $0.2300 |
| Sept. 8, 2022 | $0.2200 |
| June 8, 2022 | $0.2000 |
| March 9, 2022 | $0.1900 |
| Dec. 8, 2021 | $0.1700 |
| Sept. 8, 2021 | $0.1700 |
KIM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 7 25.9%
- Buy 6 22.2%
- Hold 14 51.9%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
22 analysts · 2026-08-19Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.22 | $0.20 | 0.02% |
| March 31, 2026 | $0.23 | $0.19 | 0.04% |
| Dec. 31, 2025 | $0.21 | $0.18 | 0.03% |
| Sept. 30, 2025 | $0.19 | $0.18 | 0.01% |
| June 30, 2025 | $0.23 | $0.17 | 0.06% |
| March 31, 2025 | $0.18 | $0.17 | 0.01% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.14B | $2.04B | $1.78B | $1.73B | $1.36B | $1.06B | $1.16B | $1.16B | $1.20B | $1.17B | $1.17B | $994M | |
| SG&A Expense | $133M | $138M | $137M | $120M | $104M | $93M | $97M | $88M | $92M | $87M | $123M | $122M | |
| Operating Expenses | $1.43B | $1.41B | $1.22B | $1.18B | $971M | $732M | $761M | $812M | $863M | $870M | $823M | $684M | |
| Operating Income | $771M | $629M | $639M | $565M | $424M | $333M | $478M | $582M | $431M | $394M | $344M | $310M | |
| Interest Expense | $330M | $308M | $250M | $227M | $204M | $187M | $177M | $183M | $192M | $193M | $219M | $204M | |
| Interest Income | $51M | $30M | $12M | $14M | · | · | · | · | · | · | · | · | |
| Other Non-op | $2M | $28M | $28M | $29M | $20M | $4M | $11M | $17M | $3M | $5M | $5M | $-9M | |
| Pretax Income | $494M | $351M | $644M | $44M | $745M | $928M | $312M | $399M | $240M | $161M | $169M | $102M | |
| Income Tax | $1M | $25M | $61M | $57M | $3M | $978.0K | $-3M | $2M | $-880.0K | $79M | $60M | $-22M | |
| Net Income | $585M | $411M | $654M | $126M | $844M | $1.00B | $411M | $498M | $426M | $379M | $894M | $424M | |
| EPS (Basic) | · | · | · | · | · | · | · | $1.02 | $0.87 | $0.79 | $2.01 | $0.89 | |
| EPS (Diluted) | · | · | · | · | · | · | · | $1.02 | $0.87 | $0.79 | $2.00 | $0.89 | |
| Shares (Basic) | 675,050,000 | 671,561,000 | 616,947,000 | 615,528,000 | 506,248,000 | 429,950,000 | 420,370,000 | 420,641,000 | 423,614,000 | 418,402,000 | 411,319,000 | 409,088,000 | |
| Shares (Diluted) | 675,279,000 | 672,136,000 | 618,199,000 | 617,858,000 | 511,385,000 | 431,633,000 | 421,799,000 | 421,379,000 | 424,019,000 | 419,709,000 | 412,851,000 | 411,038,000 | |
| EBITDA | $1.40B | $1.23B | $1.15B | $1.07B | $820M | $622M | $755M | $893M | $698M | $656M | $688M | $583M |
Balance Sheet 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $212M | $689M | $781M | $147M | $326M | $293M | $124M | $144M | $239M | $142M | $190M | $187M | |
| Intangibles | $1.23B | $1.25B | · | · | · | · | · | · | · | · | · | · | |
| Total Assets | $19.69B | $20.31B | $18.27B | $17.83B | $18.46B | $11.61B | $11.00B | $11.00B | $11.76B | $11.23B | $11.34B | $10.26B | |
| Total Liabilities | $9.12B | $9.46B | $8.55B | $8.09B | $8.34B | $5.93B | $6.05B | $5.56B | $6.23B | $5.74B | $6.08B | $5.27B | |
| Long-term Debt | $7.72B | $7.96B | $7.26B | $6.78B | $7.03B | $5.04B | $4.83B | $4.38B | $4.60B | $3.93B | $3.76B | · | |
| Common Stock | $7M | $7M | $6M | $6M | $6M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Paid-in Capital | $10.92B | $11.03B | $9.64B | $9.62B | $9.59B | $5.77B | $5.77B | $6.12B | $6.15B | $5.92B | $5.61B | $5.73B | |
| Retained Earnings | $-529M | $-399M | $-123M | $-120M | $299M | · | · | · | · | · | · | · | |
| AOCI | $-9M | $11M | $3M | $11M | $2M | $0 | · | · | $-1M | $6M | $6M | $45M | |
| Stockholders' Equity | $10.39B | $10.65B | $9.53B | $9.52B | $9.90B | $5.61B | $4.86B | $5.33B | $5.39B | $5.26B | $5.05B | $4.77B | |
| Liabilities + Equity | $19.69B | $20.31B | $18.27B | $17.83B | $18.46B | $11.61B | $11.00B | $11.00B | $11.76B | $11.23B | $11.34B | $10.26B | |
| Shares Outstanding | 674,093,047 | 679,493,522 | 619,871,237 | 618,483,565 | 616,658,593 | 432,518,743 | 431,814,951 | 421,388,879 | 425,646,380 | 425,034,113 | 413,430,756 | 411,819,818 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $627M | $604M | $507M | $505M | $395M | $289M | $278M | $310M | $361M | $355M | $345M | $273M | |
| Stock-based Comp | $33M | $35M | $33M | $27M | $23M | $24M | $20M | $18M | $22M | $19M | $18M | $18M | |
| Deferred Tax | · | · | · | · | · | · | $0 | $0 | $807.0K | $55M | $4M | $15M | |
| Other Non-cash | $-125M | $-44M | $-123M | $203M | $-644M | $-724M | $-125M | $-188M | $-195M | $-216M | $-763M | $-86M | |
| Operating Cash Flow | $1.12B | $1.01B | $1.07B | $861M | $619M | $590M | $584M | $638M | $614M | $592M | $494M | $629M | |
| CapEx | $18M | · | · | · | · | · | · | · | · | · | · | · | |
| Investing Cash Flow | $-377M | $-319M | $-137M | $-63M | $-476M | $-33M | $-120M | $254M | $-294M | $165M | $21M | $127M | |
| Stock Repurchased | $120M | $0 | $0 | · | · | $0 | $0 | $75M | $0 | · | · | · | |
| Net Stock Activity | $-120M | · | · | · | · | $0 | $0 | $-75M | · | · | · | · | |
| Dividends Paid | $712M | $683M | $654M | $542M | $380M | $378M | $529M | $527M | $504M | $472M | $454M | $426M | |
| Financing Cash Flow | $-1.22B | $-781M | $-301M | $-983M | $-101M | $-387M | $-483M | $-987M | $-224M | $-805M | $-513M | $-717M | |
| Net Change in Cash | $-477M | $-94M | $634M | $-185M | $41M | $169M | $-20M | $-95M | $96M | $-47M | $2M | $39M | |
| Taxes Paid | $23M | $61M | $65M | $12M | $2M | $747.0K | $-1M | $514.0K | $-14M | $6M | $100M | $23M | |
| Free Cash Flow | $1.10B | · | · | · | · | · | · | · | · | · | · | · | |
| Levered FCF | $772M | · | · | · | · | · | · | · | · | · | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 36.0% | 30.9% | 35.8% | 32.7% | 31.1% | 31.4% | 41.2% | 50.0% | 28.1% | 25.7% | 29.4% | 31.2% | |
| Net Margin | 27.3% | 20.2% | 36.7% | 7.3% | 61.9% | 94.6% | 35.4% | 42.7% | 35.5% | 32.4% | 76.6% | 42.7% | |
| Pretax Margin | 23.1% | 17.2% | 36.1% | 2.6% | 54.6% | 87.7% | 26.9% | 34.3% | 12.2% | 5.8% | 14.5% | 10.3% | |
| EBITDA Margin | 65.3% | 60.5% | 64.3% | 62.0% | 60.1% | 58.8% | 65.2% | 76.6% | 58.1% | 56.0% | 59.0% | 58.7% | |
| ROA | 2.9% | 2.1% | 3.6% | 0.69% | 5.6% | 8.8% | 3.7% | 4.4% | 3.7% | 3.4% | 8.3% | 4.2% | |
| ROE | 5.6% | 4.1% | 6.9% | 1.3% | 10.9% | 19.1% | 8.1% | 9.3% | 8.0% | 7.3% | 18.2% | 9.0% | |
| ROIC | 7.4% | 5.5% | 6.1% | -1.7% | 4.3% | 5.9% | 9.9% | 10.9% | 6.3% | 11.8% | 4.4% | 5.1% |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | 2.3 | 2.0 | 2.6 | 2.5 | 2.1 | 1.8 | 2.7 | 3.2 | 1.8 | 1.6 | 1.6 | 1.5 |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Growth Rates 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 5.1% | 14.2% | 3.2% | 26.6% | 29.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 7.4% | 14.3% | 19.0% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 15.1% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 42.4% | -37.2% | 419.4% | -85.1% | -15.7% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 66.8% | -21.3% | -13.2% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -10.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 13.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.14B | $2.04B | $1.78B | $1.73B | $1.36B | $1.06B | $1.16B | $1.16B | $1.20B | $1.17B | $1.17B | $994M | |
| Net Income TTM | $585M | $411M | $654M | $126M | $844M | $1.00B | $411M | $498M | $426M | $379M | $894M | $424M | |
| Market Cap | $13.66B | $15.92B | $13.21B | $13.10B | $15.20B | $6.49B | $8.94B | $6.17B | $7.73B | $10.69B | $10.94B | $10.35B | |
| P/E | 9.0 | 10.4 | 9.5 | 9.4 | 11.0 | 6.7 | 25.9 | 14.4 | 20.9 | 31.8 | 13.2 | 28.2 | |
| P/S | 6.4 | 7.8 | 7.4 | 7.6 | 11.1 | 6.1 | 7.7 | 5.3 | 6.4 | 9.1 | 9.4 | 10.4 | |
| P/B | 1.3 | 1.5 | 1.4 | 1.4 | 1.5 | 1.2 | 1.8 | 1.2 | 1.4 | 2.0 | 2.2 | 2.2 | |
| P / Tangible Book | 1.5 | 1.7 | 1.4 | 1.4 | 1.5 | 1.2 | · | · | · | · | · | · | |
| P / Cash Flow | 12.2 | 15.8 | 12.3 | 15.2 | 24.6 | 11.0 | 15.3 | 9.7 | 12.6 | 18.1 | 22.2 | 16.5 | |
| P / FCF | 12.4 | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend Yield | 5.2% | 4.3% | 5.0% | 4.1% | 2.5% | 5.8% | 5.9% | 8.5% | 6.5% | 4.4% | 4.2% | 4.1% | |
| Earnings Yield | 11.1% | 9.6% | 10.6% | 10.6% | 9.1% | 15.0% | 3.9% | 7.0% | 4.8% | 3.1% | 7.6% | 3.5% | |
| Payout Ratio | 121.7% | 166.2% | 100.0% | 430.4% | 45.1% | 37.7% | 128.7% | 105.8% | 118.2% | 124.6% | 50.8% | 100.9% | |
| Annual Payout | $712M | $683M | $654M | $542M | $380M | $378M | $529M | $527M | $504M | $472M | $454M | $426M |
Income Statement 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $551M | $558M | $542M | $536M | $525M | $537M | $525M | $508M | $500M | $504M | $452M | $446M | $443M | $443M | $440M | $433M | |
| SG&A Expense | $30M | $37M | $37M | $30M | $32M | $34M | $35M | $34M | $33M | $36M | $36M | $34M | $33M | $35M | $32M | $30M | |
| Operating Expenses | $356M | $366M | $364M | $352M | $358M | $357M | $359M | $337M | $340M | $373M | $306M | $306M | $299M | $310M | $299M | $293M | |
| Operating Income | $196M | $208M | $197M | $187M | $206M | $180M | $166M | $171M | $161M | $131M | $169M | $141M | $157M | $172M | $145M | $144M | |
| Interest Expense | $84M | $83M | $84M | $84M | $81M | $80M | $84M | $76M | $73M | $75M | $68M | $60M | $61M | $61M | $61M | $52M | |
| Interest Income | $11M | $12M | $15M | $12M | $12M | $11M | $10M | $12M | $5M | $2M | · | · | · | · | · | · | |
| Other Non-op | $-2M | $-2M | $1M | $-2M | $3M | $207.0K | $7M | $10M | $910.0K | $10M | $9M | $8M | $8M | $3M | $10M | $6M | |
| Pretax Income | $122M | $136M | $129M | $113M | $140M | $112M | $100M | $117M | $93M | $41M | $125M | $102M | $119M | $298M | $-7M | $22M | |
| Income Tax | $4.0K | $-239.0K | $1M | $-875.0K | $366.0K | $464.0K | $-47M | $128.0K | $217.0K | $72M | $-175.0K | $-729.0K | $31M | $31M | $58M | $-1M | |
| Net Income | $153M | $165M | $151M | $138M | $163M | $133M | $166M | $136M | $120M | $-11M | $140M | $118M | $107M | $290M | $-50M | $58M | |
| Shares (Basic) | 671,216,000 | 671,826,000 | -1,351,276,000 | 674,639,000 | 674,613,000 | 677,074,000 | -1,340,986,000 | 671,231,000 | 671,198,000 | 670,118,000 | -1,233,709,000 | 617,090,000 | 617,077,000 | 616,489,000 | -1,230,713,000 | 615,832,000 | |
| Shares (Diluted) | 671,961,000 | 672,771,000 | -1,352,522,000 | 675,423,000 | 675,079,000 | 677,299,000 | -1,340,943,000 | 671,577,000 | 671,384,000 | 670,118,000 | -1,235,957,000 | 617,271,000 | 617,257,000 | 619,628,000 | -1,232,560,000 | 618,018,000 | |
| EBITDA | $196M | $364M | · | $187M | $206M | $339M | · | $171M | $161M | $285M | · | $141M | $157M | $299M | · | $144M |
Balance Sheet 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $699M | $168M | $212M | $159M | $227M | $131M | $689M | $789M | $126M | $133M | · | $421M | $533M | $326M | · | $120M | |
| Intangibles | · | · | $1.23B | · | · | · | $1.25B | · | · | · | · | · | · | · | · | · | |
| Total Assets | $20.03B | $19.59B | $19.69B | $19.88B | $19.80B | $19.73B | $20.31B | $20.13B | $19.50B | $19.47B | · | $17.95B | $17.93B | $17.96B | · | $17.92B | |
| Total Liabilities | $9.61B | $9.04B | $9.12B | $9.20B | $9.08B | $8.95B | $9.46B | $9.39B | $8.71B | $8.63B | · | $8.14B | $8.08B | $8.08B | · | $8.06B | |
| Long-term Debt | · | · | $7.72B | · | · | · | $7.96B | · | · | · | · | · | · | · | · | · | |
| Common Stock | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | · | $6M | $6M | $6M | · | $6M | |
| Paid-in Capital | $10.83B | $10.93B | $10.92B | $10.98B | $10.98B | $11.03B | $11.03B | $10.92B | $10.91B | $10.91B | · | $9.63B | $9.62B | $9.61B | · | $9.61B | |
| Retained Earnings | $-576M | $-547M | $-529M | $-496M | $-457M | $-444M | $-399M | $-387M | $-353M | $-303M | · | $-51M | $-21M | $21M | · | $79M | |
| AOCI | $5M | $-2M | $-9M | $-9M | $-8M | $-911.0K | $11M | $-13M | $11M | $10M | · | $7M | $16M | $11M | · | $7M | |
| Stockholders' Equity | $10.27B | $10.39B | $10.39B | $10.49B | $10.52B | $10.59B | $10.65B | $10.52B | $10.58B | $10.62B | · | $9.59B | $9.62B | $9.65B | · | $9.70B | |
| Liabilities + Equity | $20.03B | $19.59B | $19.69B | $19.88B | $19.80B | $19.73B | $20.31B | $20.13B | $19.50B | $19.47B | · | $17.95B | $17.93B | $17.96B | · | $17.92B | |
| Shares Outstanding | 670,245,777 | 674,402,680 | 674,093,047 | 677,195,722 | 677,205,011 | 679,497,438 | 679,493,522 | 674,082,065 | 674,112,166 | 674,117,917 | · | 619,874,590 | 619,888,890 | 619,891,809 | · | 618,462,620 |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $149M | $156M | $154M | $158M | $156M | $158M | $156M | $145M | $148M | $155M | $124M | $127M | $129M | $126M | $125M | $125M | |
| Stock-based Comp | $6M | $13M | $8M | $7M | $12M | $7M | $9M | $8M | $8M | $10M | $8M | $8M | $8M | $9M | $6M | $6M | |
| Other Non-cash | · | $-91M | · | · | · | $-74M | · | · | · | $22M | · | · | · | $-80M | · | · | |
| Operating Cash Flow | $345M | $243M | $258M | $332M | $305M | $224M | $240M | $296M | $294M | $176M | $190M | $281M | $255M | $345M | $155M | $263M | |
| CapEx | · | · | $0 | $0 | $0 | $18M | · | · | · | · | · | · | · | · | · | · | |
| Investing Cash Flow | $-78M | $-49M | $115M | $-258M | $-103M | $-131M | $-227M | $-81M | $-212M | $201M | $-61M | $-239M | $119M | $44M | $156M | $-64M | |
| Stock Repurchased | $105M | $462.0K | $61M | $0 | $59M | $0 | $0 | $0 | · | · | · | · | · | · | · | · | |
| Net Stock Activity | · | $-462.0K | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | · | · | · | · | · | · | $175M | $170M | $170M | $168M | $208M | $149M | $149M | $149M | $146M | $142M | |
| Financing Cash Flow | $264M | $-238M | $-321M | $-142M | $-107M | $-650M | $-113M | $448M | $-91M | $-1.02B | $230M | $-154M | $-167M | $-209M | $-285M | $-372M | |
| Net Change in Cash | $531M | $-43M | $52M | $-67M | $95M | $-557M | $-100M | $662M | $-9M | $-647M | $359M | $-112M | $207M | $179M | $26M | $-173M | |
| Taxes Paid | $3M | $-2M | $-2M | $33.0K | $2M | $23M | $-137.0K | $3M | $7M | $51M | $5M | $3M | $9M | $48M | $9M | $323.0K | |
| Free Cash Flow | · | · | · | · | · | $205M | · | · | · | · | · | · | · | · | · | · | |
| Levered FCF | · | · | · | · | · | $125M | · | · | · | · | · | · | · | · | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 35.6% | 37.2% | · | 34.9% | 39.2% | 33.6% | · | 33.7% | 32.1% | 25.9% | · | 31.5% | 35.5% | 38.9% | · | 33.3% | |
| Net Margin | 27.8% | 29.5% | · | 25.7% | 31.0% | 24.8% | · | 26.8% | 23.9% | -2.2% | · | 26.5% | 24.1% | 65.4% | · | 13.4% | |
| Pretax Margin | 22.2% | 24.3% | · | 21.1% | 26.6% | 20.8% | · | 23.1% | 18.6% | 8.1% | · | 22.8% | 26.8% | 67.3% | · | 5.1% | |
| EBITDA Margin | 35.6% | 65.3% | · | 34.9% | 39.2% | 63.2% | · | 33.7% | 32.1% | 56.7% | · | 31.5% | 35.5% | 67.5% | · | 33.3% | |
| ROA | 0.77% | 0.84% | · | 0.69% | 0.83% | 0.68% | · | 0.71% | 0.64% | -0.06% | · | 0.66% | 0.59% | 1.6% | · | 0.32% | |
| ROE | 1.5% | 1.6% | · | 1.3% | 1.5% | 1.2% | · | 1.4% | 1.2% | -0.11% | · | 1.2% | 1.1% | 2.9% | · | 0.59% | |
| ROIC | 1.9% | 2.0% | · | 1.8% | 1.9% | 1.7% | · | 1.6% | 1.5% | -0.96% | · | 1.5% | 1.2% | 1.6% | · | 1.6% |
Liquidity & Solvency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | 2.3 | 2.5 | · | 2.2 | 2.5 | 2.2 | · | 2.2 | 2.2 | 1.8 | · | 2.3 | 2.6 | 2.8 | · | 2.8 |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.17B | $2.16B | · | $2.11B | $2.07B | $2.05B | · | $1.96B | $1.89B | $1.84B | · | $1.77B | $1.75B | $1.73B | · | $1.66B | |
| Net Income TTM | $619M | $598M | · | $570M | $552M | $378M | · | $363M | $334M | $504M | · | $573M | $335M | $466M | · | $683M | |
| Market Cap | $16.99B | $15.15B | · | $14.80B | $14.23B | $14.43B | · | $15.65B | $13.12B | $13.22B | · | $10.90B | $12.22B | $12.11B | · | $11.39B | |
| P/E | 11.3 | 10.0 | · | 9.7 | 9.3 | 9.4 | · | 10.3 | 8.6 | 8.7 | · | 7.8 | 8.8 | 8.7 | · | 8.2 | |
| P/S | 7.8 | 7.0 | · | 7.0 | 6.9 | 7.0 | · | 8.0 | 6.9 | 7.2 | · | 6.2 | 7.0 | 7.0 | · | 6.9 | |
| P/B | 1.7 | 1.5 | · | 1.4 | 1.4 | 1.4 | · | 1.5 | 1.2 | 1.2 | · | 1.1 | 1.3 | 1.3 | · | 1.2 | |
| P / Tangible Book | 1.7 | 1.5 | · | 1.4 | 1.4 | 1.4 | · | 1.5 | 1.2 | 1.2 | · | 1.1 | 1.3 | 1.3 | · | 1.2 | |
| P / Cash Flow | · | 62.4 | · | · | · | 64.5 | · | · | · | 75.1 | · | · | · | 35.1 | · | · | |
| P / FCF | · | · | · | · | · | 70.3 | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 8.9% | 10.0% | · | 10.3% | 10.7% | 10.6% | · | 9.7% | 11.6% | 11.5% | · | 12.8% | 11.4% | 11.5% | · | 12.2% | |
| Payout Ratio | · | · | · | · | · | · | · | · | · | -1534.0% | · | · | · | 51.4% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $2.14B | $2.04B | $1.78B | $1.73B | $1.36B |
| Operating Margin % | 36.0% | 30.9% | 35.8% | 32.7% | 31.1% |
| Net Income | $585M | $411M | $654M | $126M | $844M |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.10B | — | — | — | — |
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Institutional owners (13F) 733 filers · $9.7B 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.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 89 (-25 vs prior Q) | 40 (-5 vs prior Q) | 272 (+21 vs prior Q) | 181 (+10 vs prior Q) | +118.1M |
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 | $1,472,513,537 | 58,087,319 | 15.14% | Shares |
| STATE STREET CORP | $1,190,396,530 | 46,958,443 | 12.24% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,116,793,642 | 44,054,976 | 11.49% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $444,266,862 | 17,596,983 | 4.57% | Shares |
| APG Asset Management US Inc. | $370,052,415 | 14,754,881 | 3.81% | Shares |
| Daiwa Securities Group Inc. | $337,736,985 | 13,322,958 | 3.47% | Shares |
| FMR LLC | $299,456,953 | 11,812,898 | 3.08% | Shares |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | $262,299,188 | 10,347,108 | 2.70% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $250,562,518 | 9,884,123 | 2.58% | Shares |
| NORGES BANK | $221,408,294 | 8,734,055 | 2.28% | Shares |
| GOLDMAN SACHS GROUP INC | $221,272,072 | 8,728,681 | 2.28% | Shares |
| Caisse de depot et placement du Quebec | $140,305,101 | 5,534,718 | 1.44% | Shares |
| BANK OF AMERICA CORP /DE/ | $138,516,025 | 5,464,143 | 1.42% | Shares |
| FEDERATED HERMES, INC. | $129,424,019 | 5,105,484 | 1.33% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $100,811,981 | 3,976,804 | 1.04% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $95,951,854 | 3,785,083 | 0.99% | Shares |
| Nuveen Asset Management, LLC | $91,676,599 | 3,912,787 | 0.94% | Shares |
| PFA Pension, Forsikringsaktieselskab | $77,728,168 | 3,066,200 | 0.80% | Shares |
| Robeco Institutional Asset Management B.V. | $67,170,351 | 2,649,718 | 0.69% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $58,992,365 | 2,327,115 | 0.61% | Shares |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $57,271,810 | 2,259,243 | 0.59% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $56,765,190 | 2,239,258 | 0.58% | Shares |
| BlackRock, Inc. | $54,719,496 | 2,158,560 | 0.56% | Shares |
| RAYMOND JAMES FINANCIAL INC | $53,863,579 | 2,124,796 | 0.55% | Shares |
| Resolution Capital Ltd | $49,637,556 | 1,958,089 | 0.51% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $48,695,349 | 1,920,921 | 0.50% | Shares |
| Swiss National Bank | $48,196,257 | 1,901,233 | 0.50% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $48,027,114 | 1,859,354 | 0.49% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $46,137,583 | 1,820,023 | 0.47% | Shares |
| FIRST TRUST ADVISORS LP | $43,974,029 | 1,734,677 | 0.45% | Shares |
| LPL Financial LLC | $41,260,548 | 1,627,635 | 0.42% | Shares |
| Vanguard Global Advisers, LLC | $36,814,664 | 1,452,255 | 0.38% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $36,448,027 | 1,437,792 | 0.37% | Shares |
| California Public Employees Retirement System | $35,889,060 | 1,415,742 | 0.37% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $33,836,749 | 1,334,783 | 0.35% | Shares |
| RHUMBLINE ADVISERS | $33,219,403 | 1,310,433 | 0.34% | Shares |
| Korea Investment CORP | $32,836,869 | 1,295,340 | 0.34% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $32,107,397 | 1,266,564 | 0.33% | Shares |
| Apollo Management Holdings, L.P. | $31,491,164 | 1,242,255 | 0.32% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $31,468,755 | 1,241,371 | 0.32% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $30,397,966 | 1,499,653 | 0.31% | Shares |
| VANGUARD GROUP INC | $29,862,595 | 1,473,241 | 0.31% | Shares |
| State of Tennessee, Department of Treasury | $29,411,755 | 1,160,227 | 0.30% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $28,785,838 | 1,135,536 | 0.30% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $27,646,735 | 1,090,601 | 0.28% | Shares |
| Asset Management One Co., Ltd. | $27,527,570 | 1,225,081 | 0.28% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $27,437,573 | 1,082,350 | 0.28% | Shares |
| BANK OF MONTREAL /CAN/ | $26,699,279 | 1,053,226 | 0.27% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $25,876,139 | 1,020,755 | 0.27% | Shares |
| PINEBRIDGE INVESTMENTS LLC | $25,864,250 | 1,020,286 | 0.27% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $25,382,774 | 1,002,150 | 0.26% | Shares |
| BARCLAYS PLC | $25,117,388 | 990,824 | 0.26% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $24,376,332 | 961,591 | 0.25% | Shares |
| Douglas Lane & Associates, LLC | $24,316,126 | 959,216 | 0.25% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $24,172,911 | 1,075,786 | 0.25% | Shares |
| Susquehanna Portfolio Strategies, LLC | $23,548,933 | 928,952 | 0.24% | Shares |
| Alberta Investment Management Corp | $22,731,345 | 896,700 | 0.23% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $22,420,000 | 884,426 | 0.23% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $21,881,841 | 863,189 | 0.23% | Shares |
| PineBridge Investments, L.P. | $20,886,109 | 955,886 | 0.21% | Shares |
| ALLIANCEBERNSTEIN L.P. | $20,215,001 | 899,644 | 0.21% | Shares |
| Vanguard Investments Australia, Ltd. | $19,857,111 | 783,318 | 0.20% | Shares |
| State of New Jersey Common Pension Fund D | $19,820,785 | 781,885 | 0.20% | Shares |
| NATIXIS | $19,651,092 | 775,191 | 0.20% | Shares |
| TWO SIGMA INVESTMENTS, LP | $18,918,857 | 746,306 | 0.19% | Shares |
| Adelante Capital Management LLC | $18,736,000 | 739,084 | 0.19% | Shares |
| Legal & General Group Plc | $17,315,647 | 683,063 | 0.18% | Shares |
| Allianz Asset Management GmbH | $17,137,158 | 676,022 | 0.18% | Shares |
| MACQUARIE GROUP LTD | $17,053,579 | 672,725 | 0.18% | Shares |
| AXA Investment Managers S.A. | $16,372,402 | 749,309 | 0.17% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $16,288,896 | 642,560 | 0.17% | Shares |
| Amundi | $16,117,733 | 635,808 | 0.17% | Shares |
| HSBC HOLDINGS PLC | $15,246,736 | 594,183 | 0.16% | Shares |
| Pacific Heights Asset Management LLC | $15,210,000 | 600,000 | 0.16% | Shares |
| AVIVA PLC | $15,001,978 | 591,794 | 0.15% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $14,411,348 | 568,495 | 0.15% | Shares |
| STRS OHIO | $14,200,994 | 560,197 | 0.15% | Shares |
| Varma Mutual Pension Insurance Co | $14,195,823 | 559,993 | 0.15% | Shares |
| KLP KAPITALFORVALTNING AS | $13,765,050 | 543,000 | 0.14% | Shares |
| NEUBERGER BERMAN GROUP LLC | $13,751,586 | 542,469 | 0.14% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $13,719,648 | 541,209 | 0.14% | Shares |
| Candriam S.C.A. | $13,711,868 | 541,423 | 0.14% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $13,266,339 | 523,327 | 0.14% | Shares |
| MORGAN STANLEY | $13,192,765 | 520,424 | 0.14% | Shares |
| Retirement Systems of Alabama | $13,121,109 | 517,598 | 0.13% | Shares |
| AMERIPRISE FINANCIAL INC | $12,985,131 | 512,234 | 0.13% | Shares |
| Quantinno Capital Management LP | $11,887,224 | 468,924 | 0.12% | Shares |
| ExodusPoint Capital Management, LP | $11,724,755 | 462,515 | 0.12% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $11,434,447 | 451,063 | 0.12% | Shares |
| Aberdeen Group plc | $11,269,571 | 444,559 | 0.12% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $11,044,995 | 435,700 | 0.11% | Call option |
| STATE OF WISCONSIN INVESTMENT BOARD | $10,915,330 | 430,585 | 0.11% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $10,849,547 | 427,990 | 0.11% | Shares |
| IBEX WEALTH ADVISORS | $10,719,308 | 422,853 | 0.11% | Shares |
| GRACE & WHITE INC /NY | $10,365,057 | 408,878 | 0.11% | Shares |
| Resona Asset Management Co.,Ltd. | $10,150,713 | 394,476 | 0.10% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,984,883 | 393,881 | 0.10% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $9,416,004 | 371,440 | 0.10% | Shares |
| PRUDENTIAL FINANCIAL INC | $9,380,793 | 370,051 | 0.10% | Shares |
| Vert Asset Management LLC | $8,830,875 | 348,358 | 0.09% | Shares |
Company insiders 27 insiders · 6 officers · 14 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Conor C Flynn | Chief Executive Officer | Feb. 19, 2026 A | 1,371,444 | 0 | 0 | $0 |
| Glenn Gary Cohen | Exec VP, CFO | Feb. 19, 2026 A | 689,813 | 0 | 0 | $0 |
| Ross Cooper | President | Feb. 19, 2026 A | 654,966 | 0 | 0 | $0 |
| David Jamieson | Chief Operating Officer | Feb. 19, 2026 A | 338,962 | 0 | 0 | $0 |
| Paul Westbrook | VP, Chief Accounting Officer | Feb. 13, 2026 F | 86,778 | 0 | 0 | $0 |
| Milton Cooper | Executive Chairman | Feb. 13, 2025 A | 10,636,406 | 0 | 0 | $0 |
| Nancy Lashine | Director | Feb. 19, 2026 A | 9,136 | 0 | 0 | $0 |
| Henry Moniz | Director | Feb. 19, 2026 A | 50,690 | 0 | 0 | $0 |
| Valerie Richardson | Director | Feb. 19, 2026 A | 80,800 | 0 | 0 | $0 |
| Mary Hogan Preusse | Director | Feb. 19, 2026 A | 40,260 | 0 | 1 | $-500,346 |
| Richard B Saltzman | Director | Feb. 19, 2026 A | 47,055 | 0 | 0 | $0 |
| Frank Lourenso | Director | Feb. 19, 2026 A | 211,656 | 0 | 1 | $-198,865 |
| Philip E Coviello JR | Director | Feb. 19, 2026 A | 91,215 | 0 | 0 | $0 |
| Richard G Dooley | Director | Feb. 2, 2017 A | 198,829 | 0 | 0 | $0 |
| Patrick F Hughes | Director | Nov. 4, 2014 S | 38,875 | 0 | 0 | $0 |
| Martin S Kimmel | Director | Feb. 4, 2008 A | 8,264,138 | 0 | 0 | $0 |
| Colombe M Nicholas | — | Feb. 1, 2017 A | 34,722 | 0 | 0 | $0 |
| Joe Grills | — | Feb. 1, 2017 A | 72,692 | 0 | 0 | $0 |
| David Henry | — | Feb. 17, 2015 F | 367,896 | 0 | 0 | $0 |
| Michael V Pappagallo | — | May 17, 2013 S | 109,845 | 0 | 0 | $0 |
| Michael J Flynn | — | Aug. 19, 2008 S | 426,538 | 0 | 0 | $0 |
| Raymonds Edward | — | March 19, 2008 S | 78,408 | 0 | 0 | $0 |
| Thomas Caputo | — | March 11, 2008 S | 56,250 | 0 | 0 | $0 |
| Bruce Kauderer | — | Oct. 2, 2007 A | 1,000 | 0 | 0 | $0 |
| Jerald Friedman | — | Aug. 8, 2007 A | 51,215 | 0 | 0 | $0 |
| KIMCO REALTY CORP | — | Dec. 18, 2006 A | 1,425,154 | 0 | 0 | $0 |
| David Samber | — | Nov. 4, 2003 S | 1,800 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 15 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Kimco Realty Corporation, Kimco Realty Services, Inc., KC Holdings, Inc., Milton Cooper ×7 filings | June 27, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 1, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 5, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | July 11, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 16, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 13, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 28, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 24, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 24, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 4, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 4, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Jan. 9, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person | June 24, 2002 | — | Initial filing | — | SEC |
| Undisclosed reporting person | Feb. 6, 2002 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 9, 2001 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 150 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 |
|---|---|---|---|---|
| FPRO · FIDELITY COVINGTON TRUST | 4.10% | 25,859 NS | April 30, 2026 | N-PORT |
| RSPR · Invesco Exchange-Traded Fund Trust | 3.13% | 128,122 | Aug. 8, 2026 | Daily |
| PAYR · Federated Hermes ETF Trust | 2.92% | 45,152 NS | April 30, 2026 | N-PORT |
| FDV · Federated Hermes ETF Trust | 2.42% | 767,289 NS | April 30, 2026 | N-PORT |
| SPDV · ETF Series Solutions | 2.06% | 78,298 NS | April 30, 2026 | N-PORT |
| ICF · iShares Trust | 1.95% | 1,680,459 SH | Aug. 8, 2026 | Daily |
| IRET · Tidal Trust II | 1.65% | 1,849 NS | April 30, 2026 | N-PORT |
| VGSR · Manager Directed Portfolios | 1.61% | 329,250 NS | March 31, 2026 | N-PORT |
| NUMV · Nushares ETF Trust | 1.49% | 271,793 NS | April 30, 2026 | N-PORT |
| JPRE · J.P. Morgan Exchange-Traded Fund Tr… | 1.42% | 279,960 NS | May 31, 2026 | N-PORT |
| PPTY · ETF Series Solutions | 1.39% | 14,237 NS | May 31, 2026 | N-PORT |
| BBRE · J.P. Morgan Exchange-Traded Fund Tr… | 1.39% | 709,689 NS | May 31, 2026 | N-PORT |
| USRT · iShares Trust | 1.31% | 2,485,884 SH | Aug. 8, 2026 | Daily |
| DFAR · Dimensional ETF Trust | 1.25% | 888,820 NS | April 30, 2026 | N-PORT |
| URE · ProShares Trust | 1.20% | 27,780 NS | May 31, 2026 | N-PORT |
| IYR · iShares Trust | 1.19% | 2,215,251 SH | Aug. 8, 2026 | Daily |
| SCHH · SCHWAB STRATEGIC TRUST | 1.15% | 4,768,739 NS | May 31, 2026 | N-PORT |
| DRN · Direxion Shares ETF Trust | 1.11% | 22,043 NS | April 30, 2026 | N-PORT |
| VRAI · ETFis Series Trust I | 1.07% | 8,294 NS | April 30, 2026 | N-PORT |
| FREL · FIDELITY COVINGTON TRUST | 1.05% | 640,608 NS | April 30, 2026 | N-PORT |
| SPLV · Invesco Exchange-Traded Fund Trust … | 0.99% | 2,914,669 | Aug. 8, 2026 | Daily |
| ALTL · Pacer Funds Trust | 0.98% | 40,054 NS | April 30, 2026 | N-PORT |
| VNQ · VANGUARD SPECIALIZED FUNDS | 0.91% | 25,656,367 SH | Aug. 8, 2026 | Daily |
| REET · iShares Trust | 0.87% | 1,812,491 SH | Aug. 8, 2026 | Daily |
| DFGR · Dimensional ETF Trust | 0.81% | 1,209,140 NS | April 30, 2026 | N-PORT |
| AVRE · AMERICAN CENTURY ETF TRUST | 0.78% | 263,070 NS | May 31, 2026 | N-PORT |
| ERET · iShares Trust | 0.71% | 4,111 SH | Aug. 8, 2026 | Daily |
| SPVM · Invesco Exchange-Traded Fund Trust | 0.65% | 34,861 | Aug. 8, 2026 | Daily |
| IQSM · New York Life Investments ETF Trust | 0.65% | 86,469 NS | April 30, 2026 | N-PORT |
| PABU · iShares Trust | 0.50% | 512,330 SH | Aug. 8, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.40% | 105,017 NS | April 30, 2026 | N-PORT |
| RDIV · Invesco Exchange-Traded Fund Trust … | 0.38% | 216,737 | Aug. 8, 2026 | Daily |
| PGX · Invesco Exchange-Traded Fund Trust … | 0.36% | 702,593 | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.36% | 9,817,665 SH | Aug. 8, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.33% | 60,186 NS | April 30, 2026 | N-PORT |
| CAPE · DoubleLine ETF Trust | 0.30% | 35,071 NS | March 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.30% | 301,830 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.30% | 1,822,784 NS | May 31, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.29% | 54,803 NS | April 30, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.28% | 61,029 NS | April 30, 2026 | N-PORT |
| BSCQ · Invesco Exchange-Traded Self-Indexe… | 0.25% | 8,862,000 | Aug. 8, 2026 | Daily |
| CSM · ProShares Trust | 0.25% | 53,958 NS | May 31, 2026 | N-PORT |
| INFO · Harbor ETF Trust | 0.24% | 79,691 NS | April 30, 2026 | N-PORT |
| IMCV · iShares Trust | 0.23% | 108,570 SH | Aug. 8, 2026 | Daily |
| SMMD · iShares Trust | 0.21% | 329,712 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.20% | 15,466,222 SH | Aug. 8, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.20% | 61,480 NS | April 30, 2026 | N-PORT |
| SIZE · iShares Trust | 0.20% | 35,096 SH | Aug. 8, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.19% | 58,806 NS | May 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.19% | 145,243 SH | Aug. 8, 2026 | Daily |