MOS Mosaic Company (The) Common Stock

NYSE · Chemicals · View on SEC EDGAR ↗
$21.35
Price · Aug 18, 2026
Fundamentals as of Aug 5, 2026
52W Range
$20–$37
9% of range
Analyst Rating
HOLD
25 analysts
Price Target
$27
+28% upside
P/E (TTM)
14.2
ROE
—
Net Profit Margin
—

About Mosaic Company (The) Common Stock Company overview from Wikipedia

The Mosaic Company is an American chemical company based in Tampa, Florida, which mines phosphate and potash and collects urea used for fertilizer, through various international distribution networks and Mosaic Fertilizantes. It is the largest U.S. producer of potash and phosphate fertilizers.

Read more

The Mosaic Company is an American chemical company based in Tampa, Florida, which mines phosphate and potash and collects urea used for fertilizer, through various international distribution networks and Mosaic Fertilizantes. It is the largest U.S. producer of potash and phosphate fertilizers.

Overview

The Mosaic Company was formed in October 2004 by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. It is a combined producer and marketer of concentrated phosphate and potash with a customer base that includes wholesalers, retail dealers and individual growers worldwide. Its headquarters are in Tampa, and it employs about 13,000 people in eight countries.

Products

Potash

Mosaic has roughly 10.4 million tons of operational potash capacity. The company owns potash mines or surface mills in Belle Plaine, Colonsay, and Esterhazy (K1, K2, and K3) in Saskatchewan, and Carlsbad, New Mexico, with another potash mine recently purchased in Brazil during the Vale Fertilizantes acquisition. The Colonsay mine and mill are indefinitely idled and in maintenance mode. Esterhazy K3, in development, consists of an underground mine and service/production shafts separate from the K1 and K2 underground mines. Esterhazy K3 does not have surface milling and storage facilities. Instead, it is intended to replace the ore being mined from the K1 and K2 mines. The shift in production was to decrease brine-management costs of the K1 and K2 mines, which were $108.0 million for 2020.

Mosaic is a member of Canpotex, an export association of Canadian potash producers through which they sell their Canadian potash outside the U.S. and Canada.

Its potash mine locations are:

Carlsbad, New Mexico (32.412°N 103.939°W / 32.412; -103.939)

Belle Plaine, Saskatchewan (50.429°N 105.199°W / 50.429; -105.199)

Colonsay, Saskatchewan (51.928°N 105.766°W / 51.928; -105.766)

Esterhazy, Saskatchewan K1 (50.729°N 101.929°W / 50.729; -101.929)

Esterhazy, Saskatchewan K2 (50.660°N 101.846°W / 50.660; -101.846)

Esterhazy, Saskatchewan K3 (50.644°N 101.993°W / 50.644; -101.993)

Phosphate

Mosaic has about 16.8 million tons of operational capacity for finished concentrated phosphates. The company is the largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined. It has a global distribution network made up of plants, port facilities, warehouses, and sales offices. In 2013, Mosaic produced 7.6 million tons of concentrated phosphate crop nutrients and over 15 million tons of phosphate rock production. In October 2013, Mosaic reached an agreement to purchase the phosphate operations of CF Industries for US$1.4 billion, which eliminates the need for Mosaic to spend an additional billion dollars to build a processing facility in Hardee County, Florida, to process the rock from the mines in the area.

Phosphate mines are located in the Bone Valley formation of the Peace River watershed in Central Florida:

Fort Meade (27.648°N 81.757°W / 27.648; -81.757)

South Pasture (27.586°N 81.942°W / 27.586; -81.942)

Four Corners (27.715°N 82.141°W / 27.715; -82.141)

Wingate Creek (27.506°N 82.130°W / 27.506; -82.130)

Fort Lonesome (27.715°N 82.150°W / 27.715; -82.150)(Closed)

Mosaic owns a 25% stake in the Ma'aden Wa'ad Al Shamal Phosphate Company joint venture in Saudi Arabia. With the completion of the Vale Fertilizantes acquisition in January, 2018, an additional five Brazilian phosphate rock mines, four chemical plants, and an additional 40% economic interest in the Miski Mayo mine were purchased.

Carbon footprint

The Mosaic Company reported total CO2e emissions (direct + indirect) for 31 December 2020 at 4,920 Kt (+340/+7.4% year-over-year).

Timeline

2023

August: The Mosaic Board of Directors elected Bruce Bodine to succeed Joc O'Rourke as Mosaic's CEO effective January 1, 2024. Bodine was to serve as Mosaic president and a member of the board of directors effective immediately.

2018

January: Mosaic completed the acquisition of Vale Fertilizantes.

2015

August: Joc O'Rourke succeeded Jim Prokopanko as Mosaic's president and CEO.

2014

December: Mosaic acquired Archer Daniels Midland's fertilizer distribution business in Brazil and Paraguay.

July: Cargill acquired Mosaic's Hersey, Michigan, salt plant.

2013

November: Mosaic closed the potash operations at the Hersey facility.

2011

May: Mosaic and Cargill completed a transaction to split off and distribute Cargill's stake in Mosaic.

January: Mosaic and Cargill agreed to split off and orderly distribute Cargill's stake in Mosaic.

2007

January: Jim Prokopanko succeeded Fritz Corrigan as president and CEO of Mosaic.

2006

July: Jim Prokopanko was named Mosaic's chief operating officer.

2004

October: The Mosaic Company (NYSE: MOS) began trading on the New York Stock Exchange.

June: Mosaic was announced as the chosen name for the newly formed company.

January: The crop nutrition business of Cargill, Inc. and IMC Global entered into a definitive agreement to form a new crop nutrition company.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

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

Price
$21.35
Market Cap
—
P/E (TTM)
14.2
EPS (TTM)
$1.70
Revenue (TTM)
$12.05B
Div Yield
—
ROE
—
Debt/Equity
—
52W Range
$20 – $37

MOS 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 $12.05B
10-point trend, +68.3%
2016-12-31 → 2025-12-31
EPS $1.70
10-point trend, +100.0%
2016-12-31 → 2025-12-31
Free Cash Flow —
9-point trend, -88.8%
2016-12-31 → 2024-12-31
Margins —
9-point trend, +20.2%
2016-12-31 → 2024-12-31

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

Metric
5Y trend
MOS
Peer Median
P/E (TTM)
5-point trend, +54.0%
14.2
36.4

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

Metric
5Y trend
MOS
Peer Median

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
MOS
Peer Median

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

Metric
5Y trend
MOS
Peer Median
Revenue YoY
5-point trend, -2.5%
8.4%
—
Revenue CAGR 3Y
5-point trend, -2.5%
-14.3%
—
Revenue CAGR 5Y
5-point trend, -2.5%
6.8%
—
EPS YoY
5-point trend, -60.2%
209.1%
—
Net Income YoY
5-point trend, -66.8%
209.1%
—

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

Metric
5Y trend
MOS
Peer Median
EPS (Diluted)
5-point trend, -60.2%
$1.70
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
MOS
Peer Median

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

Dividend Yield
—
Payout Ratio
—
5Y Div CAGR
—
Ex-dateAmount
May 21, 2026$0.2200
March 9, 2026$0.2200
Dec. 4, 2025$0.2200
Sept. 8, 2025$0.2200
June 5, 2025$0.2200
March 6, 2025$0.2200
Dec. 5, 2024$0.2100
Sept. 5, 2024$0.2100
June 6, 2024$0.2100
March 6, 2024$0.2100
Dec. 6, 2023$0.2000
Sept. 6, 2023$0.2000
May 31, 2023$0.2000
March 14, 2023$0.2500
March 1, 2023$0.2000
Nov. 30, 2022$0.1500
Aug. 31, 2022$0.1500
June 1, 2022$0.1500
March 2, 2022$0.1130
Dec. 1, 2021$0.0750

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

BUY 25 analysts
  • Strong Buy 2 8.0%
  • Buy 10 40.0%
  • Hold 12 48.0%
  • Sell 1 4.0%
  • Strong Sell 0 0.0%

12-Month Price Target

19 analysts · 2026-08-18
Median target $27.00 +26.5%
Mean target $27.26 +27.7%

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

Avg Surprise
-0.09%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.13 $0.11 0.02%
March 31, 2026 $0.05 $0.24 -0.19%
Dec. 31, 2025 $0.22 $0.47 -0.25%
Sept. 30, 2025 $1.04 $1.00 0.04%
June 30, 2025 $0.51 $0.73 -0.22%
March 31, 2025 $0.49 $0.45 0.04%

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

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
MOS — 14.2 8.4% — — —
CTVA $45.06B 41.9 2.9% 6.3% 4.6% —
CF $11.88B 8.6 19.3% 25.4% 36.6% 38.5%
SMG $3.29B 23.1 -3.9% 4.2% -44.8% 30.6%
UAN — 11.0 15.4% 16.3% — —
FMC — -0.8 -18.3% -64.6% -68.3% 37.0%
IPI $364M 32.6 17.1% 3.8% 2.3% 18.4%
AVD — -2.2 -5.9% -9.7% -23.6% 28.6%

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

Income Statement 15
Annual Income Statement data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +33.1% $12.05B $11.12B $13.70B $19.13B $12.36B $8.68B $8.91B $9.59B $7.41B $7.16B $8.90B $9.06B
Cost of Revenue 12-point trend, +42.4% $10.15B $9.61B $11.49B $13.37B $9.16B $7.62B $8.01B $8.09B $6.57B $6.35B $7.18B $7.13B
Gross Profit 12-point trend, -1.3% $1.90B $1.51B $2.21B $5.76B $3.20B $1.06B $897M $1.50B $843M $810M $1.72B $1.93B
SG&A Expense 12-point trend, +39.6% $534M $497M $500M $498M $430M $372M $354M $341M $301M $304M $361M $382M
Operating Income 12-point trend, -37.4% $822M $622M $1.34B $4.79B $2.47B $413M $-1.09B $928M $466M $319M $1.28B $1.31B
Interest Expense 12-point trend, +87.4% $242M $230M $189M $169M $194M $214M $216M $216M $171M $141M $134M $129M
Other Non-op 12-point trend, +5400.0% $307M $40M $-77M $-102M $4M $13M $2M $-19M $-4M $-4M $-17M $-6M
Pretax Income 12-point trend, -0.4% $1.21B $315M $1.33B $4.64B $2.22B $181M $-1.26B $552M $374M $242M $1.10B $1.22B
Income Tax 12-point trend, +246.4% $640M $187M $177M $1.22B $598M $-578M $-225M $77M $495M $-74M $99M $185M
Net Income 12-point trend, -47.4% $541M $175M $1.16B $3.58B $1.63B $666M $-1.07B $470M $-107M $298M $1.00B $1.03B
EPS (Basic) 12-point trend, -36.8% $1.70 $0.55 $3.52 $10.17 $4.31 $1.76 $-2.78 $1.22 $-0.31 $0.85 $2.79 $2.69
EPS (Diluted) 12-point trend, -36.6% $1.70 $0.55 $3.50 $10.06 $4.27 $1.75 $-2.78 $1.22 $-0.31 $0.85 $2.78 $2.68
Shares (Basic) 12-point trend, -15.2% 317,300,000 319,800,000 331,300,000 352,400,000 378,100,000 379,000,000 383,800,000 384,800,000 350,900,000 350,400,000 358,500,000 374,100,000
Shares (Diluted) 12-point trend, -15.1% 318,900,000 320,700,000 333,200,000 356,000,000 381,600,000 381,300,000 383,800,000 386,400,000 350,900,000 351,700,000 360,300,000 375,600,000
EBITDA 11-point trend, -20.2% · $1.65B $2.30B $5.72B $3.28B $1.26B $-212M $1.81B $1.13B $1.03B $2.02B $2.06B
Balance Sheet 27
Annual Balance Sheet data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -88.4% $277M $273M $349M $735M $770M $574M $519M $848M $2.15B $673M $1.28B $2.37B
Receivables 12-point trend, +43.0% $1.08B $1.11B $1.27B $1.70B $1.53B $881M $804M $838M $643M $628M $675M $754M
Inventory 12-point trend, +95.7% $3.36B $2.55B $2.52B $3.54B $2.74B $1.74B $2.08B $2.27B $1.55B $1.39B $1.56B $1.72B
Prepaid Expense 12-point trend, +205.0% $195M $300M $284M $237M $107M $80M $111M $87M $69M $100M $123M $64M
Other Current Assets 12-point trend, +21.1% $446M $564M $604M $578M $282M $327M $319M $281M $273M $366M $629M $368M
Current Assets 12-point trend, +0.4% $5.24B $4.50B $4.75B $6.56B $5.33B $3.52B $3.72B $4.24B $4.62B $3.06B $4.14B $5.22B
PP&E (Net) 12-point trend, +50.1% $13.98B $13.35B $13.59B $12.68B $12.48B $11.85B $11.69B $11.75B $9.71B $9.20B $8.72B $9.31B
PP&E (Gross) 12-point trend, +80.0% $25.11B $23.85B $23.50B $21.62B $20.71B $19.96B $18.98B $18.68B $15.99B $14.92B $13.76B $13.95B
Accum. Depreciation 12-point trend, +140.1% $11.13B $10.50B $9.91B $8.94B $8.24B $8.11B $7.29B $6.93B $6.27B $5.72B $5.04B $4.63B
Goodwill 12-point trend, -44.4% $1.01B $1.06B $1.14B $1.12B $1.17B $1.17B $1.16B $1.71B $1.69B $1.63B $1.60B $1.81B
Other Non-current Assets 12-point trend, +187.8% $1.60B $1.52B $1.58B $1.40B $1.37B $1.39B $1.45B $1.26B $1.27B $1.05B $1.26B $554M
Total Assets 12-point trend, +33.9% $24.48B $22.92B $23.03B $23.39B $22.04B $19.79B $19.30B $20.12B $18.63B $16.84B $17.39B $18.28B
Accounts Payable 12-point trend, +109.4% $1.17B $1.16B $1.17B $1.29B $1.26B $769M $680M $781M $541M $472M $521M $560M
Accrued Liabilities 12-point trend, +102.8% $1.47B $1.72B $1.78B $2.28B $1.88B $1.23B $1.08B $1.09B $754M $837M $978M $726M
Short-term Debt 12-point trend, +5528.9% $760M $847M $400M $225M $303M $100.0K $42M $12M $6M $100.0K $26M $14M
Current Liabilities 12-point trend, +149.4% $3.98B $4.17B $3.87B $5.53B $4.79B $3.15B $2.59B $2.48B $2.03B $1.48B $2.05B $1.60B
Capital Leases 8-point trend, +166000000.00 $166M $181M $168M $135M $64M $110M $127M $0 · · · ·
Deferred Tax 12-point trend, +1.3% $1.00B $943M $1.07B $1.01B $1.02B $1.06B $1.04B $1.08B $1.12B $1.01B $977M $988M
Other Non-current Liabilities 12-point trend, +151.0% $3.01B $2.86B $2.43B $2.24B $2.10B $1.75B $1.77B $1.46B $968M $953M $1.03B $1.20B
Long-term Debt 2-point trend, +0.4% · · · · · · · · · · $3.83B $3.82B
Total Debt 10-point trend, +6174.8% · $847M $400M $225M $303M · $42M $12M $6M $100.0K $26M $14M
Common Stock 10-point trend, -8.6% $3M $3M $3M $3M $4M $4M $4M $4M $4M $4M · ·
Retained Earnings 12-point trend, +27.0% $14.18B $13.93B $14.24B $14.20B $12.01B $10.51B $9.92B $11.06B $10.63B $10.86B $11.01B $11.17B
AOCI 12-point trend, -350.1% $-2.13B $-2.45B $-1.95B $-2.15B $-1.89B $-1.81B $-1.60B $-1.66B $-1.06B $-1.31B $-1.49B $-474M
Stockholders' Equity 12-point trend, +12.9% $12.08B $11.48B $12.29B $12.05B $10.60B $9.58B $9.19B $10.40B $9.62B $9.58B $9.53B $10.70B
Liabilities + Equity 12-point trend, +33.9% $24.48B $22.92B $23.03B $23.39B $22.04B $19.79B $19.30B $20.12B $18.63B $16.84B $17.39B $18.28B
Shares Outstanding 12-point trend, -13.6% 317,408,647 316,900,000 324,100,000 339,100,000 368,700,000 379,100,000 378,800,000 385,500,000 351,000,000 350,200,000 352,500,000 367,500,000
Cash Flow 19
Annual Cash Flow data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +39.8% $1.05B $1.03B $961M $934M $813M $848M $883M $884M $666M $711M $740M $751M
Stock-based Comp 12-point trend, -43.5% $31M $32M $33M $28M $30M $18M $28M $28M $28M $30M $41M $54M
Deferred Tax 12-point trend, +285.7% $257M $-141M $-266M $340M $108M $-675M $-263M $-96M $617M $-112M $57M $-138M
Amort. of Intangibles 11-point trend, +265.8% $28M $13M $2M $2M $1M $1M $5M $6M $6M $7M $8M ·
Restructuring 3-point trend, -100.0% · · · · · · · · · $0 $0 $125M
Other Non-cash 11-point trend, -65.3% · $208M $514M $-949M $-394M $726M $1.52B $125M $-267M $338M $-30M $598M
Operating Cash Flow 12-point trend, -61.1% $825M $1.30B $2.41B $3.94B $2.19B $1.58B $1.10B $1.41B $936M $1.26B $2.04B $2.12B
CapEx 12-point trend, +46.3% $1.36B $1.25B $1.40B $1.25B $1.29B $1.17B $1.27B $954M $820M $843M $1.00B $929M
Investing Cash Flow 11-point trend, -17.1% $-1.31B $-1.26B $-1.32B $-1.26B $-1.32B $-1.19B $-1.36B $-1.94B $-668M $-1.87B $-1.12B ·
Debt Issued 12-point trend, +11.4% $905M $70M $900M $0 $0 $5M $0 $39M $1.25B $720M $5M $812M
Net Debt Issued 11-point trend, -99.6% · $3M $-95M $-610M $-608M $-62M $-48M $-764M $1.15B $-49M $-55M $810M
Stock Repurchased 12-point trend, -100.0% $0 $235M $756M $1.67B $411M $0 $150M $0 $0 $75M $710M $2.76B
Net Stock Activity 11-point trend, +91.5% · $-235M $-756M $-1.67B $-411M $0 $-150M $0 $0 $-75M $-710M $-2.76B
Dividends Paid 12-point trend, -26.7% $280M $271M $352M $198M $104M $76M $67M $38M $211M $385M $385M $382M
Financing Cash Flow 11-point trend, +150.6% $452M $-132M $-1.48B $-2.68B $-682M $-284M $-82M $-725M $1.20B $-889M $-893M ·
Net Change in Cash 12-point trend, +99.8% $-6M $-56M $-393M $-32M $192M $62M $-339M $-1.32B $1.48B $-1.43B $-238M $-2.92B
Taxes Paid 12-point trend, +183.8% $321M $337M $386M $1.11B $209M $6M $46M $-34M $-70M $-65M $193M $113M
Free Cash Flow 11-point trend, -96.5% · $47M $1.00B $2.69B $898M $412M $-177M $455M $115M $423M $807M $1.36B
Levered FCF 11-point trend, -103.7% · $-46M $841M $2.56B $756M $-487M $-354M $270M $171M $239M $686M $1.26B
Profitability 8
Annual Profitability data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 11-point trend, -36.1% · 13.6% 16.1% 30.1% 25.9% 12.3% -490.6% -902.1% 11.4% 11.3% 19.3% 21.3%
Operating Margin 11-point trend, -61.4% · 5.6% 9.8% 25.0% 20.0% 4.8% 598.6% -558.9% 6.3% 4.5% 14.4% 14.5%
Net Margin 11-point trend, -86.2% · 1.6% 8.5% 18.7% 13.2% 7.7% 583.6% -283.0% -1.5% 4.2% 11.2% 11.4%
Pretax Margin 11-point trend, -78.9% · 2.8% 9.7% 24.3% 18.0% 2.1% 686.8% -332.0% 5.1% 3.4% 12.4% 13.4%
EBITDA Margin 11-point trend, -35.0% · 14.8% 16.8% 29.9% 26.6% 14.5% 116.0% -1091.0% 15.3% 14.4% 22.7% 22.8%
ROA 11-point trend, -86.0% · 0.76% 5.0% 15.8% 7.8% 3.4% -5.4% 2.4% -0.60% 1.7% 5.6% 5.4%
ROE 11-point trend, -84.3% · 1.5% 9.6% 31.6% 16.2% 7.1% -10.9% 4.7% -1.1% 3.1% 9.9% 9.3%
ROIC 11-point trend, -80.2% · 2.1% 9.1% 28.7% 16.6% 18.1% -9.7% 7.7% -1.6% 4.3% 12.2% 10.4%
Liquidity & Solvency 4
Annual Liquidity & Solvency data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 11-point trend, -67.8% · 1.1 1.2 1.2 1.1 1.1 1.4 1.7 2.3 2.1 2.0 3.4
Quick Ratio 11-point trend, -83.0% · 0.3 0.4 0.4 0.5 0.5 0.5 0.7 1.4 0.9 1.0 2.0
Debt / Equity 10-point trend, +5576.9% · 0.1 0.0 0.0 0.0 · 0.0 0.0 0.0 0.0 0.0 0.0
Interest Coverage 11-point trend, -73.4% · 2.7 7.1 28.3 12.7 1.9 -5.1 4.3 2.7 2.3 9.6 10.2
Efficiency 3
Annual Efficiency data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 11-point trend, +1.1% · 0.5 0.6 0.8 0.6 0.4 -0.0 -0.0 0.4 0.4 0.5 0.5
Inventory Turnover 9-point trend, -16.2% · 3.8 3.8 4.3 4.1 4.0 · · 4.5 4.3 4.4 4.5
Receivables Turnover 11-point trend, -33.1% · 9.3 9.2 11.8 10.2 10.3 -0.2 -0.2 11.7 11.0 12.4 14.0
Per Share 7
Annual Per Share data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 11-point trend, +24.4% · $36.23 $37.92 $35.55 $27.97 $25.27 $24.25 $26.97 $27.40 $27.37 $27.04 $29.12
Revenue / Share 10-point trend, +40.5% · $34.68 $41.10 $53.72 $32.38 $22.77 $-0.48 $-0.43 $21.12 $20.37 $24.69 ·
Cash Flow / Share 10-point trend, -19.3% · $4.05 $7.22 $11.06 $5.73 $4.15 $2.85 $3.65 $2.67 $3.60 $5.02 ·
Cash / Share 11-point trend, -86.7% · $0.86 $1.08 $2.17 $2.03 $1.51 $1.37 $2.20 $6.13 $1.92 $3.62 $6.46
Dividend / Share · · · · $0 · · · · · · ·
Dividend Paid / Share 12-point trend, -12.0% $1 $1 $1 $1 $0 $0 $0 $0 $0 $1 $1 $1
EPS (TTM) 12-point trend, -36.6% $1.70 $0.55 $3.50 $10.06 $4.27 $1.75 $-2.78 $1.22 $-0.31 $0.85 $2.78 $2.68
Growth Rates 10
Annual Growth Rates data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -80.3% 8.4% -18.8% -28.4% 54.8% 42.3% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -187.0% -14.3% -3.5% 16.4% · · · · · · · · ·
Revenue CAGR 5Y 6.8% · · · · · · · · · · ·
EPS YoY 5-point trend, +45.2% 209.1% -84.3% -65.2% 135.6% 144.0% · · · · · · ·
EPS CAGR 3Y 3-point trend, -272.0% -44.7% -49.5% 26.0% · · · · · · · · ·
EPS CAGR 5Y -0.58% · · · · · · · · · · ·
Net Income YoY 5-point trend, +44.4% 209.1% -85.0% -67.5% 119.7% 144.8% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -328.3% -46.8% -52.5% 20.5% · · · · · · · · ·
Net Income CAGR 5Y -4.1% · · · · · · · · · · ·
Dividend CAGR 5Y 29.9% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for MOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +33.1% $12.05B $11.12B $13.70B $19.13B $12.36B $8.68B $8.91B $9.59B $7.41B $7.16B $8.90B $9.06B
Net Income TTM 12-point trend, -47.4% $541M $175M $1.16B $3.58B $1.63B $666M $-1.07B $470M $-107M $298M $1.00B $1.03B
Market Cap 11-point trend, -53.6% · $7.79B $11.58B $14.88B $14.89B $8.72B $8.20B $11.26B $9.01B $10.27B $9.73B $16.78B
Enterprise Value 10-point trend, -42.0% · $8.36B $11.63B $14.36B $14.43B · $7.72B $10.42B $6.86B $9.60B $8.47B $14.42B
P/E 12-point trend, -16.8% 14.2 44.7 10.2 4.4 9.2 13.1 -7.8 23.9 -82.8 34.5 9.9 17.0
P/S 11-point trend, -62.2% · 0.7 0.8 0.8 1.2 1.0 0.9 1.2 1.2 1.4 1.1 1.9
P/B 11-point trend, -56.7% · 0.7 0.9 1.2 1.4 0.9 0.9 1.1 0.9 1.1 1.0 1.6
P / Tangible Book 6-point trend, -33.5% 0.7 0.7 1.0 1.4 1.6 1.0 · · · · · ·
P / Cash Flow 11-point trend, -18.0% · 6.0 4.8 3.8 6.8 5.5 7.5 8.0 9.6 8.1 5.4 7.3
P / FCF 11-point trend, +1236.8% · 164.3 11.5 5.5 16.6 21.2 -46.4 24.7 78.1 24.3 12.0 12.3
EV / EBITDA 10-point trend, -27.3% · 5.1 5.1 2.5 4.4 · -36.4 5.8 6.1 9.3 4.2 7.0
EV / FCF 10-point trend, +1570.5% · 176.5 11.6 5.3 16.1 · -43.7 22.9 59.5 22.7 10.5 10.6
EV / Revenue 10-point trend, -52.8% · 0.8 0.8 0.8 1.2 · 0.9 1.1 0.9 1.3 1.0 1.6
Dividend Yield 11-point trend, +52.2% · 3.5% 3.0% 1.3% 0.70% 0.87% 0.82% 0.34% 2.3% 3.8% 4.0% 2.3%
Earnings Yield 12-point trend, +20.3% 7.1% 2.2% 9.8% 22.9% 10.9% 7.6% -12.8% 4.2% -1.2% 2.9% 10.1% 5.9%
Payout Ratio 11-point trend, +316.2% · 154.8% 30.2% 5.5% 6.4% 11.4% -6.3% 8.2% -196.5% 129.3% 38.5% 37.2%
Annual Payout 12-point trend, -26.7% $280M $271M $352M $198M $104M $76M $67M $38M $211M $385M $385M $382M

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 $12.05B$11.12B$13.70B$19.13B$12.36B
Gross Margin % —13.6%16.1%30.1%25.9%
Operating Margin % —5.6%9.8%25.0%20.0%
Net Income $541M$175M$1.16B$3.58B$1.63B
Diluted EPS $1.70$0.55$3.50$10.06$4.27
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity —0.10.00.00.0
Current Ratio —1.11.21.21.1
Quick Ratio —0.30.40.40.5
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow —$47M$1.00B$2.69B$898M

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Institutional owners (13F) 763 filers · $4.3B 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
116 (-42 vs prior Q) 124 (+34 vs prior Q) 282 (-4 vs prior Q) 206 (+14 vs prior Q) +53.7M

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 CAPITAL MANAGEMENT LLC $439,579,494 20,744,667 10.13% Shares
STATE STREET CORP $318,677,893 15,039,070 7.35% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $312,750,563 14,759,347 7.21% Shares
DIMENSIONAL FUND ADVISORS LP $290,479,938 13,708,349 6.70% Shares
GEODE CAPITAL MANAGEMENT, LLC $166,249,186 7,861,015 3.83% Shares
FMR LLC $165,179,974 7,795,185 3.81% Shares
DONALD SMITH & CO., INC. $163,661,961 7,723,547 3.77% Shares
MILLENNIUM MANAGEMENT LLC $139,670,685 6,591,349 3.22% Shares
NORGES BANK $97,219,339 4,587,982 2.24% Shares
JANE STREET GROUP, LLC $87,173,541 4,113,900 2.01% Put option
Capital International Investors $58,994,655 2,784,080 1.36% Shares
Maple Rock Capital Partners Inc. $56,789,200 2,680,000 1.31% Shares
CITADEL ADVISORS LLC $53,273,779 2,514,100 1.23% Put option
Allianz Asset Management GmbH $50,409,972 2,378,951 1.16% Shares
DNB Asset Management AS $47,761,434 2,253,961 1.10% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $47,289,723 2,231,700 1.09% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $43,509,427 2,053,300 1.00% Call option
VICTORY CAPITAL MANAGEMENT INC $43,163,394 2,036,970 0.99% Shares
WELLINGTON MANAGEMENT GROUP LLP $40,068,616 1,890,921 0.92% Shares
VANGUARD FIDUCIARY TRUST CO $37,816,352 1,784,632 0.87% Shares
GOLDMAN SACHS GROUP INC $37,565,151 1,772,777 0.87% Shares
FIRST TRUST ADVISORS LP $34,386,522 1,622,771 0.79% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $29,124,723 1,374,456 0.67% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $28,436,980 1,342,000 0.66% Shares
GATE CITY CAPITAL MANAGEMENT, LLC $27,547,000 1,300,000 0.63% Shares
JANE STREET GROUP, LLC $27,104,129 1,279,100 0.62% Call option
SailingStone Capital Partners LLC $25,159,565 1,187,332 0.58% Shares
Goehring & Rozencwajg Associates, LLC $24,982,078 1,178,956 0.58% Shares
Cubist Systematic Strategies, LLC $24,748,270 713,618 0.57% Shares
BANK OF AMERICA CORP /DE/ $24,314,741 1,147,463 0.56% Shares
Kopernik Global Investors, LLC $23,713,623 1,119,095 0.55% Shares
Rokos Capital Management LLP $22,254,750 1,050,000 0.51% Call option
BARCLAYS PLC $22,136,836 1,044,683 0.51% Shares
AMERICAN CENTURY COMPANIES INC $21,848,563 1,031,078 0.50% Shares
STOREBRAND ASSET MANAGEMENT AS $21,184,088 999,721 0.49% Shares
BlackRock, Inc. $21,169,806 999,047 0.49% Shares
Point72 Asset Management, L.P. $21,153,977 998,300 0.49% Call option
BNP PARIBAS FINANCIAL MARKETS $20,978,524 990,020 0.48% Shares
Point72 Asset Management, L.P. $20,971,743 989,700 0.48% Put option
Holocene Advisors, LP $20,855,749 984,226 0.48% Shares
ALGERT GLOBAL LLC $20,051,800 946,286 0.46% Shares
CITIGROUP INC $19,831,721 935,900 0.46% Call option
Susquehanna Portfolio Strategies, LLC $19,126,730 902,630 0.44% Shares
BW Gestao de Investimentos Ltda. $18,499,993 873,053 0.43% Shares
IEQ CAPITAL, LLC $18,404,529 868,548 0.42% Shares
AEGIS FINANCIAL CORP $18,088,589 853,638 0.42% Shares
Squarepoint Ops LLC $17,905,253 844,986 0.41% Shares
Foundry Partners, LLC $17,767,394 657,808 0.41% Shares
Amundi $17,730,584 836,743 0.41% Shares
VAN ECK ASSOCIATES CORP $17,329,648 817,822 0.40% Shares
Terril Brothers, Inc. $16,153,561 762,320 0.37% Shares
MANAGED ASSET PORTFOLIOS, LLC $16,132,713 761,336 0.37% Shares
IMC-Chicago, LLC $16,066,745 758,223 0.37% Shares
Quantinno Capital Management LP $15,934,789 751,995 0.37% Shares
Caisse de depot et placement du Quebec $15,722,217 741,964 0.36% Shares
Point72 Asset Management, L.P. $15,075,986 711,467 0.35% Shares
Vanguard Global Advisers, LLC $15,063,081 710,858 0.35% Shares
EDMOND DE ROTHSCHILD HOLDING S.A. $14,833,000 700,000 0.34% Shares
M&G PLC $13,817,454 657,974 0.32% Shares
RHUMBLINE ADVISERS $13,553,827 639,637 0.31% Shares
Swiss National Bank $13,501,081 637,144 0.31% Shares
Mariner, LLC $13,152,308 620,468 0.30% Shares
HighTower Advisors, LLC $13,144,761 620,328 0.30% Shares
Woodline Partners LP $13,076,476 617,106 0.30% Shares
GROUP ONE TRADING LLC $12,881,168 607,889 0.30% Shares
COLRAIN CAPITAL LLC $12,209,212 576,178 0.28% Shares
UBS Group AG $12,017,485 567,130 0.28% Shares
California Public Employees Retirement System $11,528,271 544,043 0.27% Shares
Newport Trust Company, LLC $11,214,115 529,218 0.26% Shares
UBS Group AG $10,925,564 515,600 0.25% Put option
WEDGE CAPITAL MANAGEMENT L L P/NC $10,109,730 396,460 0.23% Shares
Squarepoint Ops LLC $9,618,141 453,900 0.22% Put option
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $9,344,883 366,466 0.22% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $9,182,051 433,320 0.21% Shares
WOLVERINE TRADING, LLC $8,983,830 258,900 0.21% Call option
PRINCIPAL FINANCIAL GROUP INC $8,946,461 422,202 0.21% Shares
Cerity Partners LLC $8,865,675 418,389 0.20% Shares
Squarepoint Ops LLC $8,675,186 409,400 0.20% Call option
Mitsubishi UFJ Asset Management Co., Ltd. $8,551,903 403,582 0.20% Shares
MILLENNIUM MANAGEMENT LLC $8,145,436 384,400 0.19% Put option
ABBINGTON INVESTMENT GROUP $8,079,597 381,294 0.19% Shares
ALLIANCEBERNSTEIN L.P. $8,009,703 314,106 0.18% Shares
Lloyd Harbor Capital Management, LLC $7,946,250 375,000 0.18% Call option
Cubist Systematic Strategies, LLC $7,830,744 225,800 0.18% Put option
Sage Capital Advisors,llc $7,571,950 357,336 0.17% Shares
CWA Asset Management Group, LLC $7,507,497 354,294 0.17% Shares
Swedbank AB $7,272,408 343,200 0.17% Shares
MILLENNIUM MANAGEMENT LLC $7,172,815 338,500 0.17% Call option
Titan Wealth (CI) Ltd $6,779,024 319,916 0.16% Shares
VANGUARD ASSET MANAGEMENT, Ltd $6,619,290 312,378 0.15% Shares
WOLVERINE TRADING, LLC $6,367,450 183,500 0.15% Put option
ENVESTNET ASSET MANAGEMENT INC $6,267,064 295,756 0.14% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $6,210,323 293,078 0.14% Shares
HSBC HOLDINGS PLC $6,113,315 288,500 0.14% Call option
Bleakley Financial Group, LLC $5,971,542 281,809 0.14% Shares
Lighthouse Investment Partners, LLC $5,542,293 261,552 0.13% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $5,531,101 287,284 0.13% Shares
MMCAP International Inc. SPC $5,457,230 257,538 0.13% Shares
Lloyd Harbor Capital Management, LLC $5,403,450 255,000 0.12% Shares
MERCER GLOBAL ADVISORS INC /ADV $5,396,826 254,687 0.12% Shares

Company insiders 60 insiders · 9 officers · 10 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
STRANGHOENER LAWRENCE W EVP - Strategy and Bus Dev Oct. 1, 2014 M 140,422 0 0 $0
Cindy C Redding Sr VP-Human Resources July 31, 2011 M 4,918 0 0 $0
Norman B Beug Senior Vice President May 2, 2011 S 83,534 0 0 $0
Linda Thrasher Vice Pres - Public Affairs Jan. 27, 2011 M 6,184 0 0 $0
Steven L Pinney Senior Vice President Oct. 29, 2008 M 18,379 0 0 $0
James T Thompson Executive Vice President Feb. 6, 2007 P 17,500 0 0 $0
David L Wessling Vice President Oct. 6, 2006 A — 0 0 $0
Robert M Qualls Vice President and Controller Aug. 1, 2005 A 20,727 0 0 $0
Paul E Dunn JR Vice President and Treasurer Oct. 22, 2004 A 16,615 0 0 $0
Phyllis E Cochran Director Oct. 4, 2012 A 10,563 0 0 $0
Harold H Mackay Director Oct. 4, 2012 A 16,572 0 0 $0
Sergio Rial Director Oct. 7, 2010 A — 0 0 $0
David B Mathis Director Oct. 7, 2010 A 36,270 0 0 $0
Guillaume F Bastiaens Director Aug. 2, 2010 M 16,071 0 0 $0
Richard D Frasch Director Oct. 8, 2009 A — 0 0 $0
Raymond F Bentele Director Aug. 4, 2009 M 14,129 0 0 $0
Fredric W Corrigan Director Oct. 4, 2007 M 126,844 0 0 $0
Bernard M Michel Director Aug. 2, 2007 A 16,950 0 0 $0
Douglas A Pertz Director Oct. 5, 2005 M 70,637 0 0 $0
CARGILL INC 10% owner May 25, 2011 J 0 0 0 $0
Philip Eugene Bauer — March 9, 2026 M 34,942 0 0 $0
Yijun Wang — March 9, 2026 M 59,613 0 0 $0
Karen A Swager — March 9, 2026 M 175,598 0 0 $0
Bruce M. Bodine — March 9, 2026 M 11,816 0 0 $0
Russell A Flugel — March 9, 2026 M 12,461 0 0 $0
Walter F. Precourt III — March 9, 2026 M 139,198 0 0 $0
Luciano Siani Pires — March 4, 2026 A 10,000 0 0 $0
Jody Lynne Kuzenko — Nov. 11, 2025 P 8,571 1 0 $17,488
Joao Roberto Goncalves Teixeira — May 29, 2025 A 8,569 0 0 $0
Sonya C Little — May 29, 2025 A 2,413 0 0 $0
Timothy S. Gitzel — May 29, 2025 A 74,654 0 0 $0
Gretchen H Watkins — May 29, 2025 A 31,061 0 0 $0
Emery N. Koenig — May 29, 2025 A 81,355 0 0 $0
David Thomas Seaton — May 29, 2025 A 47,922 0 0 $0
Kathleen M Shanahan — May 29, 2025 A 2,413 0 0 $0
Cheryl K Beebe — May 29, 2025 A 44,254 0 0 $0
Kelvin R Westbrook — May 29, 2025 A 37,370 0 0 $0
Gregory L Ebel — May 29, 2025 A 44,110 0 0 $0
Steven M Seibert — May 20, 2024 M 48,333 0 0 $0
James Calvin O'Rourke — Dec. 6, 2023 G 606,500 0 0 $0
Clint Freeland — Nov. 1, 2023 A 166,737 0 0 $0
Denise C Johnson — May 25, 2023 A 20,296 0 0 $0
Benjamin James Pratt — April 1, 2023 M 29,904 0 0 $0
Christopher Anthony Lewis — March 9, 2023 A 57,534 0 0 $0
Corrine D. Ricard — March 9, 2023 A 123,251 0 0 $0
Mark J. Isaacson — April 18, 2022 M 45,869 0 0 $0
Oscar Bernardes — May 20, 2021 A 8,847 0 0 $0
Nancy E Cooper — May 10, 2021 M 28,443 0 0 $0
Richard N Mclellan — March 8, 2021 M 130,949 0 0 $0
William T Monahan — May 18, 2020 M 42,408 0 0 $0

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

Activists & 5%+ owners 3 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
Vale S.A., Vale Fertilizer Netherlands B.V. ×2 filings Nov. 10, 2021 — Initial filing — SEC
Cargill, Incorporated, Cargill GNS I, LLC, Cargill CFI, LLC ×5 filings May 26, 2011 — Initial filing — SEC
S.S. or July 21, 2005 — Initial filing M&A / sale 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 156 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
RSPM · Invesco Exchange-Traded Fund Trust 4.27% 342,914 SH Aug. 8, 2026 Daily
FXZ · First Trust Exchange-Traded AlphaDE… 4.14% 682,886 NS April 30, 2026 N-PORT
QDIV · Global X Funds 1.80% 24,673 NS May 31, 2026 N-PORT
RPV · Invesco Exchange-Traded Fund Trust 1.61% 1,192,734 SH Aug. 8, 2026 Daily
CCOR · Listed Funds Trust 1.52% 18,032 NS April 30, 2026 N-PORT
VEGI · iShares, Inc. 1.41% 87,980 SH Aug. 8, 2026 Daily
VRAI · ETFis Series Trust I 0.99% 7,819 NS April 30, 2026 N-PORT
RFDA · ALPS ETF Trust 0.93% 34,166 NS May 31, 2026 N-PORT
NRES · DBX ETF Trust 0.86% 13,386 NS May 31, 2026 N-PORT
SZNE · Pacer Funds Trust 0.81% 4,685 NS April 30, 2026 N-PORT
IYM · iShares Trust 0.74% 314,440 SH Aug. 8, 2026 Daily
GUNR · FlexShares Trust 0.70% 2,250,344 NS April 30, 2026 N-PORT
UYM · ProShares Trust 0.67% 11,259 NS May 31, 2026 N-PORT
FNK · First Trust Exchange-Traded AlphaDE… 0.64% 59,764 NS April 30, 2026 N-PORT
CCNR · Financial Investors Trust 0.63% 107,017 NS April 30, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.49% 1,588,128 NS April 30, 2026 N-PORT
AUSF · Global X Funds 0.48% 171,889 NS May 31, 2026 N-PORT
KRMA · Global X Funds 0.48% 24,299 NS May 31, 2026 N-PORT
FMAT · FIDELITY COVINGTON TRUST 0.47% 122,675 NS April 30, 2026 N-PORT
VAW · VANGUARD WORLD FUND 0.44% 931,708 SH Aug. 8, 2026 Daily
BRNY · EA Series Trust 0.39% 93,790 NS April 30, 2026 N-PORT
ABCS · EA Series Trust 0.38% 1,818 NS May 29, 2026 N-PORT
FFLV · FIDELITY COVINGTON TRUST 0.34% 2,543 NS April 30, 2026 N-PORT
FBCV · FIDELITY COVINGTON TRUST 0.32% 21,681 NS April 30, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.31% 178,395 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.31% 1,813,153 NS April 30, 2026 N-PORT
FFLC · FIDELITY COVINGTON TRUST 0.31% 149,419 NS April 30, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.30% 57,176 NS April 30, 2026 N-PORT
AVIE · AMERICAN CENTURY ETF TRUST 0.24% 1,044 NS May 31, 2026 N-PORT
GTOS · Invesco Actively Managed Exchange-T… 0.24% 294,000 Aug. 8, 2026 Daily
MXI · iShares Trust 0.24% 35,609 SH Aug. 8, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.23% 83,833 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.22% 66,674 SH Aug. 8, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.22% 9,363,475 SH Aug. 8, 2026 Daily
DFVE · DoubleLine ETF Trust 0.21% 2,239 NS March 31, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.20% 38,762 NS April 30, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.19% 11,550 NS April 30, 2026 N-PORT
AVMV · AMERICAN CENTURY ETF TRUST 0.19% 50,000 NS May 31, 2026 N-PORT
VUSB · VANGUARD BOND INDEX FUNDS 0.19% 15,628,000 PA Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.18% 48,386 NS April 30, 2026 N-PORT
CSM · ProShares Trust 0.18% 39,055 NS May 31, 2026 N-PORT
BSCR · Invesco Exchange-Traded Self-Indexe… 0.16% 7,184,000 Aug. 8, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.15% 149,553 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 124,307 NS April 30, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 44,336 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.14% 856,945 NS May 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.14% 4,628,796 SH Aug. 8, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.14% 160,000 Aug. 8, 2026 Daily
DFAS · Dimensional ETF Trust 0.13% 771,904 NS April 30, 2026 N-PORT
FVAL · FIDELITY COVINGTON TRUST 0.12% 62,100 NS April 30, 2026 N-PORT