MDLN Medline Inc. - Class A common stock
MDLN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MDLN 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
MDLN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 12 35.3%
- Buy 15 44.1%
- Hold 7 20.6%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
26 analysts · 2026-08-20Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.50 | $0.33 | 0.17% |
| March 31, 2026 | $0.33 | $0.30 | 0.03% |
| Dec. 31, 2025 | $0.43 | $0.25 | 0.18% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MDLN | — | -4200.0 | 11.5% | 4.1% | 21.6% | 26.4% |
| SOLV | $13.75B | 8.9 | 0.86% | 18.7% | 35.8% | 53.5% |
| COO | $13.70B | 37.4 | 5.1% | 9.2% | 4.6% | 65.5% |
| ALGN | $11.14B | 27.6 | 0.90% | 10.2% | 10.3% | 67.2% |
| LNTH | $4.30B | 19.5 | 0.50% | 15.2% | 20.7% | 61.1% |
| MMED | $3.71B | -10.2 | 14.2% | -10.7% | -9.3% | 54.2% |
| MMSI | $5.24B | 41.4 | 11.8% | 8.5% | 8.4% | 48.7% |
| HAE | $2.45B | 26.4 | -2.0% | 7.3% | 11.8% | 59.0% |
| ICUI | $3.52B | 4755.7 | -6.3% | 0.03% | 0.03% | 36.8% |
| QDEL | $1.99B | -1.8 | -1.9% | -41.4% | -48.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 17
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Revenue | $28.43B | $25.51B | |
| Cost of Revenue | $20.91B | $18.53B | |
| Gross Profit | $7.52B | $6.98B | |
| R&D Expense | $80M | $67M | |
| SG&A Expense | $4.52B | $4.11B | |
| Operating Expenses | $5.31B | $4.83B | |
| Operating Income | $2.21B | $2.15B | |
| Interest Income | $133M | $280M | |
| Other Non-op | $-64M | $-43M | |
| Pretax Income | $1.25B | $1.25B | |
| Income Tax | $91M | $46M | |
| Net Income | $1.16B | · | |
| EPS (Basic) | $-0.01 | · | |
| EPS (Diluted) | $-0.01 | · | |
| Shares (Basic) | 810,000,000 | · | |
| Shares (Diluted) | 810,000,000 | · | |
| EBITDA | $3.22B | · |
Balance Sheet 27
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Cash & Equivalents | $1.94B | $199M | |
| Short-term Investments | $0 | · | |
| Receivables | $3.53B | $3.22B | |
| Inventory | $4.77B | $4.46B | |
| Other Current Assets | $438M | $398M | |
| Current Assets | $10.68B | $8.27B | |
| PP&E (Net) | $4.78B | $4.59B | |
| PP&E (Gross) | $5.94B | $5.46B | |
| Accum. Depreciation | $1.16B | $861M | |
| Goodwill | $8.08B | $8.06B | |
| Intangibles | $13.89B | $14.56B | |
| Other Non-current Assets | $23.03B | $23.11B | |
| Total Assets | $38.48B | $35.98B | |
| Accounts Payable | $961M | $869M | |
| Accrued Liabilities | $1.45B | $1.49B | |
| Short-term Debt | $1M | $2M | |
| Current Liabilities | $2.49B | $2.44B | |
| Capital Leases | $386M | $329M | |
| Other Non-current Liabilities | $682M | $598M | |
| Total Liabilities | $19.20B | $19.45B | |
| Long-term Debt | $12.56B | $16.49B | |
| Total Debt | $12.56B | · | |
| Paid-in Capital | $10.72B | · | |
| Retained Earnings | $-7M | · | |
| AOCI | $27M | $11M | |
| Stockholders' Equity | $10.74B | · | |
| Liabilities + Equity | $38.48B | $35.98B |
Cash Flow 14
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| D&A | $1.01B | $977M | |
| Stock-based Comp | $76M | $61M | |
| Deferred Tax | $-20M | $-24M | |
| Amort. of Intangibles | $704M | $685M | |
| Other Non-cash | $-482M | · | |
| Operating Cash Flow | $1.74B | $1.77B | |
| CapEx | $447M | $354M | |
| Investing Cash Flow | $-474M | $-1.49B | |
| Stock Repurchased | $33M | $20M | |
| Net Stock Activity | $-33M | · | |
| Financing Cash Flow | $399M | $-1.61B | |
| Net Change in Cash | $1.69B | $-1.33B | |
| Taxes Paid | $62M | $101M | |
| Free Cash Flow | $1.30B | · |
Profitability 8
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Gross Margin | 26.4% | · | |
| Operating Margin | 7.8% | · | |
| Net Margin | 4.1% | · | |
| Pretax Margin | 4.4% | · | |
| EBITDA Margin | 11.3% | · | |
| ROA | 3.1% | · | |
| ROE | 21.6% | · | |
| ROIC | 8.8% | · |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Current Ratio | 4.3 | · | |
| Quick Ratio | 2.2 | · | |
| Debt / Equity | 1.2 | · | |
| LT Debt / Equity | 1.2 | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Asset Turnover | 0.8 | · | |
| Inventory Turnover | 4.5 | · | |
| Receivables Turnover | 8.4 | · |
Growth Rates 1
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Revenue YoY | 11.5% | 9.8% |
Valuation (TTM) 4
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Revenue TTM | $28.43B | · | |
| Net Income TTM | $1.16B | · | |
| P/E | -4200.0 | · | |
| Earnings Yield | -0.02% | · |
Income Statement 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Revenue | $7.68B | $7.35B | · | $6.89B | $6.64B | |
| Cost of Revenue | $5.47B | $5.51B | · | $4.98B | $4.82B | |
| Gross Profit | $2.21B | $1.84B | · | $1.91B | $1.82B | |
| SG&A Expense | $1.29B | $1.23B | · | $1.07B | $1.07B | |
| Operating Expenses | $1.82B | $1.42B | · | $1.26B | $1.25B | |
| Operating Income | $395M | $422M | · | $642M | $571M | |
| Interest Income | $49M | $29M | · | $30M | $34M | |
| Other Non-op | $-42M | $1M | · | $0 | $0 | |
| Pretax Income | $235M | $291M | · | $359M | $338M | |
| Income Tax | $96M | $52M | · | $26M | $16M | |
| Net Income | · | · | · | $329M | $319M | |
| EPS (Basic) | $0.07 | $0.16 | · | · | · | |
| EPS (Diluted) | $0.07 | $0.16 | · | · | · | |
| Shares (Basic) | 857,000,000 | 819,000,000 | · | · | · | |
| Shares (Diluted) | 861,000,000 | 825,000,000 | · | · | · | |
| EBITDA | $395M | $676M | · | · | · |
Balance Sheet 27
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.33B | $2.24B | $1.94B | · | · | |
| Short-term Investments | $350M | · | · | · | · | |
| Receivables | $3.66B | $3.67B | $3.53B | · | · | |
| Inventory | $4.67B | $4.81B | $4.77B | · | · | |
| Other Current Assets | $739M | $463M | $438M | · | · | |
| Current Assets | $11.74B | $11.18B | $10.68B | · | · | |
| PP&E (Net) | $4.70B | $4.76B | $4.78B | · | · | |
| PP&E (Gross) | · | · | $5.94B | · | · | |
| Accum. Depreciation | · | · | $1.16B | · | · | |
| Goodwill | $8.07B | $8.08B | $8.08B | · | · | |
| Intangibles | $13.54B | $13.72B | $13.89B | · | · | |
| Other Non-current Assets | $22.91B | $23.08B | $23.03B | · | · | |
| Total Assets | $39.35B | $39.01B | $38.48B | · | · | |
| Accounts Payable | $1.04B | $932M | $961M | · | · | |
| Accrued Liabilities | $1.64B | $1.53B | $1.45B | · | · | |
| Short-term Debt | $1M | $1M | $1M | · | · | |
| Current Liabilities | $2.71B | $2.54B | $2.49B | · | · | |
| Capital Leases | · | · | $386M | · | · | |
| Other Non-current Liabilities | $623M | $625M | $682M | · | · | |
| Total Liabilities | $20.27B | $19.66B | $19.20B | · | · | |
| Long-term Debt | $12.58B | $12.57B | $12.56B | · | · | |
| Total Debt | $12.58B | $12.57B | · | · | · | |
| Paid-in Capital | $11.40B | $11.13B | $10.72B | · | · | |
| Retained Earnings | $182M | $122M | $-7M | · | · | |
| AOCI | $-6M | $18M | $27M | · | · | |
| Stockholders' Equity | $11.57B | $11.27B | $10.74B | · | · | |
| Liabilities + Equity | $39.35B | $39.01B | $38.48B | · | · |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| D&A | $256M | $254M | · | $250M | $247M | |
| Stock-based Comp | $29M | $23M | · | $15M | $19M | |
| Deferred Tax | $64M | $37M | · | $-3M | $-4M | |
| Amort. of Intangibles | $177M | $176M | · | $176M | $175M | |
| Operating Cash Flow | $715M | $412M | · | $197M | $682M | |
| CapEx | $111M | $96M | · | $110M | $98M | |
| Investing Cash Flow | $-461M | $-96M | · | $-143M | $-92M | |
| Stock Repurchased | $0 | $0 | · | $6M | $9M | |
| Net Stock Activity | · | $0 | · | · | · | |
| Financing Cash Flow | $-159M | $-13M | · | $-328M | $-9M | |
| Net Change in Cash | $91M | $296M | · | $-256M | $590M | |
| Free Cash Flow | · | $316M | · | · | · |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Gross Margin | 28.8% | 25.0% | · | · | · | |
| Operating Margin | 5.1% | 5.7% | · | · | · | |
| Pretax Margin | 3.1% | 4.0% | · | · | · | |
| EBITDA Margin | 5.1% | 9.2% | · | · | · | |
| ROIC | 0.97% | 1.5% | · | · | · |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Current Ratio | 4.3 | 4.4 | · | · | · | |
| Quick Ratio | 2.3 | 2.3 | · | · | · | |
| Debt / Equity | 1.1 | 1.1 | · | · | · | |
| LT Debt / Equity | 1.1 | 1.1 | · | · | · |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | · | · | · | |
| Inventory Turnover | 2.3 | 2.3 | · | · | · | |
| Receivables Turnover | 4.2 | 4.0 | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|
| Revenue | $28.43B | $25.51B | $23.23B |
| Gross Margin % | 26.4% | — | — |
| Operating Margin % | 7.8% | — | — |
| Net Income | $1.16B | — | — |
| Diluted EPS | $-0.01 | — | — |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|
| Debt / Equity | 1.2 | — | — |
| Current Ratio | 4.3 | — | — |
| Quick Ratio | 2.2 | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|
| Free Cash Flow | $1.30B | — | — |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 414 filers · $22.8B 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 |
|---|---|---|---|---|
| 170 (+7 vs prior Q) | 72 (+34 vs prior Q) | 144 (+48 vs prior Q) | 72 (+30 vs prior Q) | +63.9M |
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 |
|---|---|---|---|---|
| Carlyle Group Inc. | $7,378,581,641 | 187,083,713 | 32.30% | Shares |
| H&F Corporate Investors X, Ltd. | $2,795,283,417 | 70,874,326 | 12.24% | Shares |
| Capital Research Global Investors | $1,576,182,798 | 39,963,790 | 6.90% | Shares |
| FMR LLC | $1,472,342,410 | 37,331,197 | 6.44% | Shares |
| LONE PINE CAPITAL LLC | $826,992,394 | 20,968,367 | 3.62% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $702,665,288 | 17,816,057 | 3.08% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $661,843,863 | 16,781,031 | 2.90% | Shares |
| Egerton Capital (UK) LLP | $649,611,665 | 16,470,884 | 2.84% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $457,212,341 | 11,592,605 | 2.00% | Shares |
| NORGES BANK | $334,270,289 | 8,475,413 | 1.46% | Shares |
| STATE STREET CORP | $333,151,060 | 8,447,035 | 1.46% | Shares |
| SurgoCap Partners LP | $295,307,276 | 7,487,507 | 1.29% | Shares |
| WCM INVESTMENT MANAGEMENT, LLC | $293,020,917 | 7,397,650 | 1.28% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $290,103,839 | 7,355,574 | 1.27% | Shares |
| BANQUE PICTET & CIE SA | $288,391,196 | 7,312,150 | 1.26% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $269,524,105 | 6,852,723 | 1.18% | Shares |
| Alyeska Investment Group, L.P. | $268,551,772 | 6,809,122 | 1.18% | Shares |
| VIKING GLOBAL INVESTORS LP | $190,932,195 | 4,841,080 | 0.84% | Shares |
| ALLIANCEBERNSTEIN L.P. | $186,898,665 | 4,199,970 | 0.82% | Shares |
| GOLDMAN SACHS GROUP INC | $167,026,270 | 4,234,946 | 0.73% | Shares |
| Unisphere Establishment | $145,237,800 | 3,682,500 | 0.64% | Shares |
| SEVEN GRAND MANAGERS, LLC | $143,997,175 | 3,651,044 | 0.63% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $141,623,400 | 3,590,857 | 0.62% | Shares |
| Ghisallo Capital Management LLC | $118,320,000 | 3,000,000 | 0.52% | Shares |
| Durable Capital Partners LP | $103,621,540 | 2,627,321 | 0.45% | Shares |
| EMINENCE CAPITAL, LP | $101,423,955 | 2,279,190 | 0.44% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $100,432,974 | 2,546,475 | 0.44% | Shares |
| MBB PUBLIC MARKETS I LLC | $96,287,988 | 2,441,379 | 0.42% | Shares |
| Khrom Capital Management LLC | $96,061,444 | 2,435,635 | 0.42% | Shares |
| MORGAN STANLEY | $94,564,889 | 2,397,689 | 0.41% | Shares |
| BAILLIE GIFFORD & CO | $81,125,438 | 2,056,933 | 0.36% | Shares |
| Artisan Partners Limited Partnership | $79,136,444 | 2,006,502 | 0.35% | Shares |
| SOROS FUND MANAGEMENT LLC | $64,612,343 | 1,638,244 | 0.28% | Shares |
| Robeco Institutional Asset Management B.V. | $64,168,604 | 1,626,993 | 0.28% | Shares |
| Burkehill Global Management, LP | $59,160,000 | 1,500,000 | 0.26% | Shares |
| Woodline Partners LP | $56,024,717 | 1,420,505 | 0.25% | Shares |
| VANGUARD GROUP INC | $53,862,648 | 1,282,444 | 0.24% | Shares |
| PARNASSUS INVESTMENTS, LLC | $53,555,142 | 1,357,889 | 0.23% | Shares |
| FIRST TRUST ADVISORS LP | $49,347,408 | 1,251,203 | 0.22% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $48,336,757 | 1,225,577 | 0.21% | Shares |
| Schonfeld Strategic Advisors LLC | $45,825,375 | 1,161,901 | 0.20% | Shares |
| FIL Ltd | $45,655,705 | 1,157,599 | 0.20% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $42,683,467 | 1,082,238 | 0.19% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $42,134,124 | 1,068,309 | 0.18% | Shares |
| MILLENNIUM MANAGEMENT LLC | $42,048,009 | 1,066,126 | 0.18% | Shares |
| Swiss National Bank | $40,666,584 | 1,031,100 | 0.18% | Shares |
| Verition Fund Management LLC | $36,087,600 | 915,000 | 0.16% | Shares |
| National Pension Service | $35,496,000 | 900,000 | 0.16% | Shares |
| Mediolanum International Funds Ltd | $34,005,066 | 858,497 | 0.15% | Shares |
| Mawer Investment Management Ltd. | $33,151,923 | 840,566 | 0.15% | Shares |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $33,043,936 | 837,828 | 0.14% | Shares |
| Alberta Investment Management Corp | $32,261,920 | 818,000 | 0.14% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $32,250,956 | 817,722 | 0.14% | Shares |
| Daiwa Securities Group Inc. | $30,375,268 | 770,164 | 0.13% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $27,858,199 | 706,344 | 0.12% | Shares |
| Caption Management, LLC | $27,608,000 | 700,000 | 0.12% | Put option |
| BW Gestao de Investimentos Ltda. | $27,213,600 | 690,000 | 0.12% | Shares |
| BlackRock, Inc. | $26,188,397 | 664,006 | 0.11% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $25,945,249 | 657,841 | 0.11% | Shares |
| Bank of New York Mellon Corp | $24,786,975 | 628,473 | 0.11% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $23,800,857 | 603,470 | 0.10% | Shares |
| Legal & General Group Plc | $22,883,678 | 580,215 | 0.10% | Shares |
| Port Capital LLC | $22,870,704 | 579,886 | 0.10% | Shares |
| National Philanthropic Trust | $22,504,701 | 570,606 | 0.10% | Shares |
| BLAIR WILLIAM & CO/IL | $22,004,010 | 557,911 | 0.10% | Shares |
| Capital World Investors | $21,136,803 | 535,923 | 0.09% | Shares |
| Jain Global LLC | $20,212,330 | 512,483 | 0.09% | Shares |
| BRADLEY FOSTER & SARGENT INC/CT | $20,164,647 | 511,274 | 0.09% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $19,972,416 | 506,400 | 0.09% | Call option |
| BANK OF AMERICA CORP /DE/ | $19,791,228 | 501,806 | 0.09% | Shares |
| CREDIT AGRICOLE S A | $18,615,680 | 472,000 | 0.08% | Call option |
| RHUMBLINE ADVISERS | $16,968,829 | 430,245 | 0.07% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $16,921,062 | 429,033 | 0.07% | Shares |
| Bank Pictet & Cie (Europe) AG | $15,658,982 | 397,033 | 0.07% | Shares |
| TD Asset Management Inc | $15,653,105 | 396,884 | 0.07% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $15,641,904 | 396,600 | 0.07% | Put option |
| TUDOR INVESTMENT CORP ET AL | $15,172,371 | 384,695 | 0.07% | Shares |
| Baird Financial Group, Inc. | $14,812,008 | 375,558 | 0.06% | Shares |
| WINTON GROUP Ltd | $14,476,728 | 367,057 | 0.06% | Shares |
| Laurion Capital Management LP | $13,750,480 | 348,643 | 0.06% | Shares |
| Sagewood Asset Management LP | $13,338,450 | 338,196 | 0.06% | Shares |
| NATIXIS | $12,970,948 | 328,878 | 0.06% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $12,969,209 | 333,656 | 0.06% | Shares |
| Davidson Kempner Capital Management LP | $12,857,440 | 326,000 | 0.06% | Shares |
| HBK INVESTMENTS L P | $12,818,000 | 325,000 | 0.06% | Shares |
| READYSTATE ASSET MANAGEMENT LP | $12,620,800 | 320,000 | 0.06% | Shares |
| USS Investment Management Ltd | $12,481,738 | 316,715 | 0.05% | Shares |
| Jasper Ridge Partners, L.P. | $12,012,793 | 304,584 | 0.05% | Shares |
| FEDERATED HERMES, INC. | $11,464,814 | 290,690 | 0.05% | Shares |
| MUFG Securities EMEA plc | $11,161,520 | 283,000 | 0.05% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $10,168,539 | 257,823 | 0.04% | Shares |
| RAYMOND JAMES FINANCIAL INC | $9,878,418 | 250,467 | 0.04% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $9,654,912 | 244,800 | 0.04% | Shares |
| JANE STREET GROUP, LLC | $9,193,464 | 233,100 | 0.04% | Put option |
| Renaissance Capital LLC | $9,024,976 | 228,828 | 0.04% | Shares |
| CITADEL ADVISORS LLC | $8,195,632 | 207,800 | 0.04% | Put option |
| Cullen/Frost Bankers, Inc. | $8,183,721 | 207,498 | 0.04% | Shares |
| LPL Financial LLC | $8,132,528 | 206,200 | 0.04% | Shares |
| CITADEL ADVISORS LLC | $7,872,224 | 199,600 | 0.03% | Call option |
| Vanguard Global Advisers, LLC | $7,712,768 | 195,557 | 0.03% | Shares |
Company insiders 16 insiders · 9 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| James M Boyle | Chief Executive Officer | June 15, 2026 F | 29,369 | 0 | 0 | $0 |
| Michael B Drazin | Chief Financial Officer | June 15, 2026 F | 23,899 | 0 | 0 | $0 |
| Stephen L Miller | Chief Operating Officer | June 15, 2026 F | 23,899 | 0 | 0 | $0 |
| Douglas P Golwas | Chief Commercial Officer | June 16, 2026 M | 365,864 | 0 | 2 | $-3,677,116 |
| Amanda H. Laabs | Chief Product Officer | June 15, 2026 F | 23,899 | 0 | 0 | $0 |
| Christopher P Shryock | Chief Human Resources Officer | June 15, 2026 F | 11,031 | 0 | 0 | $0 |
| William J Abrams | Title: Executive Vice President, Supply Chain Solutions | June 15, 2026 F | 16,546 | 0 | 0 | $0 |
| Alexander M. Liberman | Chief Legal Officer | June 15, 2026 F | 11,031 | 0 | 0 | $0 |
| Jessi L Corcoran | Principal Accounting Officer | June 5, 2026 P | 5,000 | 1 | 0 | $170,750 |
| Thomas W Sweet | Director | June 11, 2026 A | 5,387 | 0 | 0 | $0 |
| Todd M Bluedorn | Director | June 11, 2026 A | 15,732 | 0 | 0 | $0 |
| Richard A Galanti | Director | June 11, 2026 A | 16,392 | 0 | 0 | $0 |
| Patrick J Healy | Director | May 28, 2026 J | 172,383 | 0 | 0 | $0 |
| Charles N. Mills | Director | Dec. 16, 2025 A | 137,931 | 2 | 0 | $74,799,990 |
| Andrew J. Mills | Director | Dec. 16, 2025 A | 2,586,206 | 1 | 0 | $74,999,974 |
| Mozart Holdco, Inc. | — | Aug. 6, 2026 C | 233,520,656 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 57 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 |
|---|---|---|---|---|
| FXH · First Trust Exchange-Traded AlphaDE… | 0.87% | 170,089 NS | April 30, 2026 | N-PORT |
| FMAG · FIDELITY COVINGTON TRUST | 0.58% | 32,807 NS | April 30, 2026 | N-PORT |
| CGMM · Capital Group Equity ETF Trust I | 0.51% | 386,126 NS | May 31, 2026 | N-PORT |
| MFSV · MFS Active Exchange Traded Funds Tr… | 0.41% | 53,713 NS | May 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.20% | 108,821 NS | April 30, 2026 | N-PORT |
| GSEW · Goldman Sachs ETF Trust | 0.17% | 83,978 NS | May 31, 2026 | N-PORT |
| FFLG · FIDELITY COVINGTON TRUST | 0.16% | 21,537 NS | April 30, 2026 | N-PORT |
| FBCG · FIDELITY COVINGTON TRUST | 0.12% | 164,828 NS | April 30, 2026 | N-PORT |
| LQAI · Exchange Listed Funds Trust | 0.11% | 51 NS | April 30, 2026 | N-PORT |
| XMAG · Tidal Trust II | 0.07% | 2,560 NS | May 31, 2026 | N-PORT |
| ONEQ · Fidelity Commonwealth Trust | 0.06% | 193,182 NS | May 31, 2026 | N-PORT |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 0.06% | 58,291 NS | April 30, 2026 | N-PORT |
| SCHV · SCHWAB STRATEGIC TRUST | 0.05% | 202,898 NS | May 31, 2026 | N-PORT |
| SFY · Tidal Trust I | 0.04% | 6,533 NS | May 31, 2026 | N-PORT |
| GVUS · Goldman Sachs ETF Trust | 0.04% | 3,934 NS | May 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.03% | 55,042 NS | April 30, 2026 | N-PORT |
| SCHX · SCHWAB STRATEGIC TRUST | 0.02% | 427,269 NS | May 31, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.02% | 238,344 NS | May 31, 2026 | N-PORT |
| GSUS · Goldman Sachs ETF Trust | 0.02% | 15,577 NS | May 31, 2026 | N-PORT |
| GXLC · Global X Funds | 0.02% | 22 NS | May 31, 2026 | N-PORT |
| KOKU · DBX ETF Trust | 0.02% | 3,620 NS | May 29, 2026 | N-PORT |
| GUSA · Goldman Sachs ETF Trust II | 0.02% | 10,564 NS | May 31, 2026 | N-PORT |
| ONOF · Global X Funds | 0.01% | 576 NS | May 31, 2026 | N-PORT |
| APUE · Trust for Professional Managers | 0.01% | 6,284 NS | May 31, 2026 | N-PORT |
| AVLC · AMERICAN CENTURY ETF TRUST | 0.00% | 488 NS | May 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | — | — | July 15, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| ITOT · iShares Trust | — | — | Aug. 4, 2026 | Daily |
| IWS · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWR · iShares Trust | — | — | Aug. 7, 2026 | Daily |
| IWV · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWD · iShares Trust | — | — | Aug. 14, 2026 | Daily |
| IWB · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | — | — | Aug. 3, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | — | — | July 20, 2026 | Daily |
| EUSA · iShares, Inc. | — | — | Aug. 7, 2026 | Daily |
| URTH · iShares, Inc. | — | — | Aug. 18, 2026 | Daily |
| IYH · iShares Trust | — | — | Aug. 14, 2026 | Daily |
| IYY · iShares Trust | — | — | Aug. 7, 2026 | Daily |
| ILCB · iShares Trust | — | — | Aug. 4, 2026 | Daily |
| ILCG · iShares Trust | — | — | Aug. 4, 2026 | Daily |
| IMCB · iShares Trust | — | — | Aug. 17, 2026 | Daily |