PCTY Paylocity Holding Corporation - Common Stock

NASDAQ · Professional Services · View on SEC EDGAR ↗
$150.13
Price · Aug 19, 2026
Fundamentals as of Aug 5, 2026

About Paylocity Holding Corporation - Common Stock Company overview from Wikipedia

Paylocity Holding Corporation is an American provider of cloud-based payroll, spend management, and human capital management (HCM) software.

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Paylocity Holding Corporation is an American provider of cloud-based payroll, spend management, and human capital management (HCM) software.

History

The company was founded by Steve Sarowitz in 1997 as Ameripay Payroll Ltd. It was renamed Paylocity in December 2005. It relocated from Franklin Park, Illinois to Elk Grove Village, and later to Arlington Heights. The company moved its headquarters into a 309,000 square foot office in the former headquarters of Zurich Insurance North America in Schaumburg, Illinois.

In September 2007, Steve Beauchamp was appointed as president and chief operating officer and became CEO within a year.

In 2008, the company secured its first institutional funding with a $10 million Series A round from Adams Street Partners, followed by a $27.3 million Series B round in 2012.

In 2010, Paylocity acquired Payroll Online and expanded its market presence in human capital management (HCM).

Paylocity held an initial public offering in March 2014, raising about $120 million. At the time of the IPO, founder Steve Sarowitz held 44% ownership of the company.

From 2019 to 2024, Paylocity acquired a number of companies in HCM space, including BeneFLEX, VidGrid, Samepage, Blue Marble Payroll, Cloudsnap, Trace and Airbase Inc.

Products and services

Paylocity offers human capital management (HCM) solutions, providing integrated tools for managing payroll, HR functions, time tracking, spend management, and talent acquisition primarily for small to mid-sized businesses with 50 to 1,000 employees.

Acquisitions

March 2018: BeneFLEX (benefits administration)

April 2020: VidGrid (video-based learning platform)

November 2020: Samepage (team collaboration solution)

September 2021: Blue Marble Payroll (international payroll services)

January 2022: Cloudsnap (video platform for employee engagement)

December 2023: Trace (headcount planning tool)

September 2024: Airbase Inc. (spending management software)

Awards

2003, 2004, 2007-2014 - Inc. Magazine 5,000 fastest growing private companies

2013-2015 - Deloitte Fast 500 (fastest growing technology companies)

2021 - Fortune's 100 Fastest Growing Companies (#51)

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

Wikidata ↗

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

Price
$150.13
Market Cap
$8.00B
P/E (TTM)
30.5
EPS (TTM)
$4.92
Revenue (TTM)
$1.77B
Div Yield
ROE
23.3%
Debt/Equity
52W Range
$93 – $182

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

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

Revenue & Net Income $1.77B
10-point trend, +490.4%
2017-06-30 2026-06-30
EPS $4.92
10-point trend, +4000.0%
2017-06-30 2026-06-30
Free Cash Flow $497M
10-point trend, +1123.1%
2017-06-30 2026-06-30
Margins 15.2%
10-point trend, +17.9%
2017-06-30 2026-06-30

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

Metric
5Y trend
PCTY
Peer Median
P/E (TTM)
5-point trend, -80.4%
30.5
25.2
P/S (TTM)
5-point trend, -72.2%
4.5
1.7
P/B
5-point trend, -70.9%
6.5
6.6
Price / FCF
5-point trend, -84.1%
16.1

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

Metric
5Y trend
PCTY
Peer Median
Gross Margin
5-point trend, +4.3%
69.2%
46.4%
Operating Margin
5-point trend, +119.7%
21.8%
Net Profit Margin
5-point trend, +43.0%
15.2%
6.4%
ROA
5-point trend, +131.9%
5.8%
4.9%
ROE
5-point trend, +51.0%
23.3%
16.5%
ROIC
5-point trend, +47.0%
22.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PCTY
Peer Median
Current Ratio
5-point trend, +6.0%
1.1
1.1
Quick Ratio
5-point trend, +149.6%
0.1

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

Metric
5Y trend
PCTY
Peer Median
Revenue YoY
5-point trend, +107.7%
11.0%
Revenue CAGR 3Y
5-point trend, +107.7%
14.7%
Revenue CAGR 5Y
5-point trend, +107.7%
22.8%
EPS YoY
5-point trend, +205.6%
22.4%
Net Income YoY
5-point trend, +197.1%
18.8%

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

Metric
5Y trend
PCTY
Peer Median
EPS (Diluted)
5-point trend, +205.6%
$4.92

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PCTY
Peer Median

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

BUY 27 analysts
  • Strong Buy 11 40.7%
  • Buy 12 44.4%
  • Hold 4 14.8%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

19 analysts · 2026-08-17
Median target $168.00 +11.9%
Mean target $171.53 +14.3%

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

Avg Surprise
0.19%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.84 $1.65 0.19%
March 31, 2026 $2.89 $2.64 0.25%
Dec. 31, 2025 $1.85 $1.69 0.16%
Sept. 30, 2025 $1.75 $1.60 0.15%
June 30, 2025 $1.56 $1.42 0.14%
March 31, 2025 $2.43 $2.18 0.25%

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

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PCTY $5.57B 21.2 11.0% 15.2% 23.3% 69.2%
ADP $89.09B 20.5 6.7% 20.1% 71.0%
PAYX $34.49B 19.8 16.9% 27.0% 46.2%
PAYC $8.73B 19.7 8.9% 22.1% 26.3% 83.2%
RHI $2.75B 20.4 -7.2% 2.5% 10.3% 37.2%
KFY $3.34B 12.7 6.4% 9.4% 14.4%
FA $2.53B -72.7 83.0% -2.2% -2.7%
TNET $2.80B 18.5 -0.85% 3.1% 192.6%
MAN -102.5 0.58% -0.07% -0.64% 16.7%
NSP $1.46B -203.8 3.5% -0.10% -8.9% 13.2%

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

Income Statement 16
Annual Income Statement data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue 12-point trend, +1060.0% $1.77B $1.60B $1.40B $1.17B $853M $636M $561M $468M $378M $300M $231M $153M
Cost of Revenue 12-point trend, +669.9% $546M $498M $442M $367M $287M $219M $182M $154M $149M $124M $98M $71M
Gross Profit 12-point trend, +1398.1% $1.23B $1.10B $961M $808M $566M $416M $379M $314M $228M $176M $133M $82M
R&D Expense 12-point trend, +1014.5% $221M $206M $178M $164M $103M $77M $63M $50M $38M $29M $27M $20M
SG&A Expense 12-point trend, +583.2% $224M $213M $187M $192M $164M $120M $105M $95M $79M $62M $48M $33M
Operating Expenses 12-point trend, +777.0% $840M $793M $701M $653M $481M $358M $313M $258M $212M $169M $136M $96M
Operating Income 12-point trend, +2872.7% $386M $304M $260M $155M $85M $58M $66M $56M $16M $7M $-4M $-14M
Other Non-op 12-point trend, +2325.9% $1M $5M $17M $4M $-997.0K $-939.0K $947.0K $2M $802.0K $73.0K $-124.0K $54.0K
Pretax Income 12-point trend, +2893.0% $387M $309M $277M $159M $84M $57M $67M $58M $17M $7M $-4M $-14M
Income Tax 12-point trend, +111863.8% $118M $82M $70M $18M $-7M $-14M $3M $4M $-22M $651.0K $177.0K $105.0K
Net Income 12-point trend, +2030.6% $270M $227M $207M $141M $91M $71M $64M $54M $39M $7M $-4M $-14M
EPS (Basic) 12-point trend, +1882.1% $4.99 $4.08 $3.68 $2.53 $1.65 $1.30 $1.20 $1.02 $0.74 $0.13 $-0.08 $-0.28
EPS (Diluted) 12-point trend, +1857.1% $4.92 $4.02 $3.63 $2.49 $1.61 $1.26 $1.15 $0.97 $0.70 $0.12 $-0.08 $-0.28
Shares (Basic) 12-point trend, +7.9% 54,082,000 55,649,000 56,214,000 55,706,000 55,036,000 54,318,000 53,547,000 52,914,000 52,425,000 51,415,000 50,913,000 50,127,000
Shares (Diluted) 12-point trend, +9.3% 54,770,000 56,550,000 56,976,000 56,596,000 56,445,000 56,305,000 55,807,000 55,414,000 54,887,000 54,057,000 50,913,000 50,127,000
EBITDA 11-point trend, +4722.1% $498M $404M $337M $216M $135M $101M $104M $91M $46M $28M $10M ·
Balance Sheet 25
Annual Balance Sheet data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents 12-point trend, +234.6% $272M $398M $402M $289M $140M $202M $251M $132M $137M $103M $86M $81M
Receivables 12-point trend, +4392.6% $50M $42M $33M $25M $16M $6M $5M $4M $3M $2M $2M $1M
Prepaid Expense 12-point trend, +1203.9% $58M $51M $40M $35M $29M $16M $13M $14M $11M $15M $7M $4M
Current Assets 12-point trend, +448.5% $3.72B $3.31B $3.52B $3.05B $4.23B $2.03B $1.66B $1.60B $1.38B $1.06B $1.34B $679M
PP&E (Net) 12-point trend, +344.6% $71M $54M $61M $64M $63M $60M $67M $70M $62M $41M $27M $16M
PP&E (Gross) 12-point trend, +501.8% $188M $158M $151M $142M $136M $123M $118M $108M $91M $66M $45M $31M
Accum. Depreciation 12-point trend, +669.2% $116M $104M $91M $78M $73M $63M $51M $38M $29M $25M $18M $15M
Goodwill 12-point trend, +6212.9% $379M $343M $109M $102M $102M $34M $22M $10M $10M $6M $6M $6M
Intangibles 12-point trend, +621.4% $86M $93M $28M $35M $45M $13M $13M $11M $13M $9M $10M $12M
Total Assets 12-point trend, +577.9% $4.88B $4.39B $4.25B $3.70B $4.81B $2.41B $1.99B $1.80B $1.51B $1.14B $1.39B $721M
Accounts Payable 12-point trend, +724.7% $11M $17M $9M $6M $8M $4M $2M $4M $3M $2M $2M $1M
Accrued Liabilities 12-point trend, +1119.0% $200M $193M $158M $143M $124M $103M $80M $58M $42M $30M $25M $16M
Current Liabilities 12-point trend, +461.2% $3.42B $2.91B $3.12B $2.77B $4.12B $1.87B $1.41B $1.46B $1.27B $975M $1.27B $609M
Capital Leases 7-point trend, -42.4% $42M $47M $47M $62M $69M $67M $73M · · · · ·
Deferred Tax 11-point trend, +12065.1% $106M $33M $42M $12M $2M $2M $9M $7M · $401.0K $249.0K $874.0K
Other Non-current Liabilities 9-point trend, +1056.5% $13M $9M $6M $4M $4M $2M $2M $2M $1M · · ·
Total Liabilities 12-point trend, +497.6% $3.66B $3.16B $3.21B $2.85B $4.20B $1.94B $1.59B $1.50B $1.29B $990M $1.27B $613M
Long-term Debt 4-point trend, -18.8% $81M $162M $0 · · · $100M · · · · ·
Common Stock 12-point trend, +3.9% $53.0K $55.0K $56.0K $56.0K $55.0K $55.0K $54.0K $53.0K $53.0K $52.0K $51.0K $51.0K
Paid-in Capital 12-point trend, -66.4% $52M $328M $360M $381M $290M $242M $228M $208M $220M $193M $172M $156M
Retained Earnings 12-point trend, +2530.9% $1.17B $901M $673M $467M $326M $235M $164M $100M $-7M $-45M $-52M $-48M
AOCI 9-point trend, -785.6% $-1M $6M $-936.0K $-5M $-2M $66.0K $675.0K $112.0K $-139.0K · · ·
Stockholders' Equity 12-point trend, +1035.4% $1.22B $1.23B $1.03B $843M $613M $477M $393M $308M $213M $148M $120M $108M
Liabilities + Equity 12-point trend, +577.9% $4.88B $4.39B $4.25B $3.70B $4.81B $2.41B $1.99B $1.80B $1.51B $1.14B $1.39B $721M
Shares Outstanding 12-point trend, +5.1% 53,271,000 55,366,000 55,514,000 55,912,000 55,190,000 54,594,000 53,792,000 53,075,000 52,758,000 51,738,000 51,132,000 50,703,000
Cash Flow 15
Annual Cash Flow data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
D&A 12-point trend, +1198.6% $112M $100M $76M $61M $50M $43M $38M $35M $30M $21M $14M $9M
Stock-based Comp 12-point trend, +952.9% $139M $143M $146M $147M $96M $63M $47M $39M $30M $27M $18M $13M
Deferred Tax 12-point trend, +91050.5% $83M $-3M $28M $14M $-7M $-14M $3M $4M $-22M $152.0K $150.0K $91.0K
Amort. of Intangibles 12-point trend, +2221.1% $21M $19M $10M $11M $9M $4M $3M $2M $2M $2M $2M $919.0K
Other Non-cash 11-point trend, -1429.2% $-70M $-48M $-72M $-80M $-75M $-38M $-40M $-16M $21M $7M $5M ·
Operating Cash Flow 12-point trend, +4701.9% $533M $418M $385M $283M $155M $125M $113M $115M $98M $62M $33M $11M
CapEx 12-point trend, +300.8% $36M $13M $18M $22M $18M $9M $17M $11M $22M $21M $16M $9M
Investing Cash Flow 12-point trend, +22.3% $-155M $-456M $-102M $-220M $-480M $48M $-49M $-43M $-179M $-38M $-673M $-199M
Stock Issued · · · · · · · · · · · $18M
Stock Repurchased 6-point trend, +1037.8% $398M $150M $150M $0 $0 · · $35M · · · ·
Net Stock Activity 4-point trend, -1037.8% $-398M $-150M $-150M · · · · $-35M · · · ·
Financing Cash Flow 12-point trend, -95.3% $9M $-326M $142M $-1.43B $2.17B $280M $2M $115M $275M $-304M $646M $190M
Net Change in Cash 12-point trend, +15976.3% $387M $-363M $424M $-1.37B $1.85B $454M $66M $186M $194M $-280M $5M $2M
Taxes Paid 12-point trend, +20366.0% $33M $86M $48M $1M $11.0K $-136.0K $84.0K $412.0K $-53.0K $28.0K $3.0K $162.0K
Free Cash Flow 11-point trend, +2839.7% $497M $405M $367M $261M $137M $115M $96M $104M $76M $41M $17M ·
Profitability 8
Annual Profitability data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Gross Margin 11-point trend, +20.4% 69.2% 68.8% 68.5% 68.8% 66.3% 65.5% 67.6% 67.1% 60.5% 58.7% 57.5% ·
Operating Margin 11-point trend, +1514.9% 21.8% 19.1% 18.5% 13.2% 9.9% 9.1% 11.8% 12.0% 4.2% 2.4% -1.5% ·
Net Margin 11-point trend, +1012.0% 15.2% 14.2% 14.7% 12.0% 10.7% 11.1% 11.5% 11.5% 10.2% 2.2% -1.7% ·
Pretax Margin 11-point trend, +1475.5% 21.9% 19.4% 19.8% 13.5% 9.8% 9.0% 12.0% 12.4% 4.4% 2.5% -1.6% ·
EBITDA Margin 11-point trend, +528.6% 28.1% 25.3% 24.0% 18.4% 15.8% 15.9% 18.5% 19.4% 12.2% 9.4% 4.5% ·
ROA 11-point trend, +1716.7% 5.8% 5.3% 5.2% 3.3% 2.5% 3.2% 3.4% 3.2% 2.9% 0.53% -0.36% ·
ROE 11-point trend, +786.1% 23.3% 18.9% 19.4% 17.5% 15.4% 15.2% 16.8% 18.1% 18.5% 5.0% -3.4% ·
ROIC 11-point trend, +807.7% 22.0% 18.1% 18.8% 16.3% 15.0% 15.1% 16.2% 16.9% 17.3% 4.5% -3.1% ·
Liquidity & Solvency 2
Annual Liquidity & Solvency data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 11-point trend, +3.2% 1.1 1.1 1.1 1.1 1.0 1.1 1.2 1.1 1.1 1.1 1.1 ·
Quick Ratio 11-point trend, +35.2% 0.1 0.2 0.1 0.1 0.0 0.1 0.2 0.1 0.1 0.1 0.1 ·
Efficiency 2
Annual Efficiency data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 11-point trend, +74.8% 0.4 0.4 0.4 0.3 0.2 0.3 0.3 0.3 0.3 0.2 0.2 ·
Receivables Turnover 11-point trend, -76.6% 38.6 42.7 48.3 57.5 77.4 113.6 121.0 119.7 137.5 161.3 165.0 ·
Per Share 5
Annual Per Share data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share 11-point trend, +880.5% $22.93 $22.28 $18.61 $15.07 $11.12 $8.74 $7.30 $5.80 $4.03 $2.85 $2.34 ·
Revenue / Share 11-point trend, +613.7% $32.34 $28.21 $24.62 $20.75 $15.11 $11.29 $10.06 $8.44 $6.88 $5.55 $4.53 ·
Cash Flow / Share 11-point trend, +1402.5% $9.74 $7.40 $6.75 $5.00 $2.75 $2.22 $2.02 $2.08 $1.78 $1.15 $0.65 ·
Cash / Share 11-point trend, +201.7% $5.10 $7.19 $7.24 $5.16 $2.53 $3.71 $4.66 $2.50 $2.60 $2.00 $1.69 ·
EPS (TTM) 12-point trend, +1857.1% $4.92 $4.02 $3.63 $2.49 $1.61 $1.26 $1.15 $0.97 $0.70 $0.12 $-0.08 $-0.28
Growth Rates 9
Annual Growth Rates data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 6-point trend, -16.6% 11.0% 13.7% 19.4% 37.8% 34.1% 13.2% · · · · · ·
Revenue CAGR 3Y 4-point trend, -47.4% 14.7% 23.2% 30.2% 27.9% · · · · · · · ·
Revenue CAGR 5Y 2-point trend, -2.1% 22.8% 23.2% · · · · · · · · · ·
EPS YoY 6-point trend, +134.0% 22.4% 10.7% 45.8% 54.7% 27.8% 9.6% · · · · · ·
EPS CAGR 3Y 4-point trend, -13.2% 25.5% 35.7% 42.3% 29.4% · · · · · · · ·
EPS CAGR 5Y 2-point trend, +10.1% 31.3% 28.4% · · · · · · · · · ·
Net Income YoY 6-point trend, +90.1% 18.8% 9.8% 46.8% 55.1% 28.2% 9.9% · · · · · ·
Net Income CAGR 3Y 4-point trend, -18.7% 24.2% 35.8% 42.9% 29.8% · · · · · · · ·
Net Income CAGR 5Y 2-point trend, +7.1% 30.7% 28.6% · · · · · · · · · ·
Valuation (TTM) 10
Annual Valuation (TTM) data for PCTY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM 12-point trend, +1060.0% $1.77B $1.60B $1.40B $1.17B $853M $636M $561M $468M $378M $300M $231M $153M
Net Income TTM 12-point trend, +2030.6% $270M $227M $207M $141M $91M $71M $64M $54M $39M $7M $-4M $-14M
Market Cap 11-point trend, +152.1% $5.57B $10.03B $7.32B $10.32B $9.63B $10.42B $7.85B $4.98B $3.11B $2.34B $2.21B ·
P/E 12-point trend, +116.6% 21.2 45.1 36.3 74.1 108.3 151.4 126.9 96.7 84.1 376.5 -540.0 -128.0
P/S 11-point trend, -67.2% 3.1 6.3 5.2 8.8 11.3 16.4 14.0 10.6 8.2 7.8 9.6 ·
P/B 11-point trend, -75.3% 4.6 8.1 7.1 12.2 15.7 21.8 20.0 16.2 14.6 15.8 18.5 ·
P / Tangible Book 7-point trend, -66.4% 7.4 12.6 8.2 14.6 20.7 24.2 21.9 · · · · ·
P / Cash Flow 11-point trend, -84.4% 10.4 24.0 19.0 36.5 62.1 83.4 69.7 43.3 31.7 37.7 67.0 ·
P / FCF 11-point trend, -91.4% 11.2 24.8 20.0 39.6 70.3 90.3 81.7 48.0 40.8 57.5 130.6 ·
Earnings Yield 12-point trend, +703.8% 4.7% 2.2% 2.8% 1.4% 0.92% 0.66% 0.79% 1.0% 1.2% 0.27% -0.19% -0.78%

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

Income Statement
2026-06-302025-06-302024-06-302023-06-302022-06-30
Revenue $1.77B$1.60B$1.40B$1.17B$853M
Gross Margin % 69.2%68.8%68.5%68.8%66.3%
Operating Margin % 21.8%19.1%18.5%13.2%9.9%
Net Income $270M$227M$207M$141M$91M
Diluted EPS $4.92$4.02$3.63$2.49$1.61
Balance Sheet
2026-06-302025-06-302024-06-302023-06-302022-06-30
Current Ratio 1.11.11.11.11.0
Quick Ratio 0.10.20.10.10.0
Cash Flow
2026-06-302025-06-302024-06-302023-06-302022-06-30
Free Cash Flow $497M$405M$367M$261M$137M

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Institutional owners (13F) 498 filers · $3.0B 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
84 (+4 vs prior Q) 55 (-19 vs prior Q) 178 (+9 vs prior Q) 151 (0 vs prior Q) +4.0M

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 $228,573,556 2,186,679 7.51% Shares
VANGUARD CAPITAL MANAGEMENT LLC $203,395,624 1,945,811 6.69% Shares
CITADEL ADVISORS LLC $155,848,376 1,490,944 5.12% Shares
STATE STREET CORP $146,016,807 1,396,889 4.80% Shares
TWO SIGMA INVESTMENTS, LP $119,006,255 1,138,489 3.91% Shares
GEODE CAPITAL MANAGEMENT, LLC $115,606,881 1,105,765 3.80% Shares
Quantinno Capital Management LP $110,384,203 1,056,005 3.63% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $97,261,193 930,462 3.20% Shares
Point72 Asset Management, L.P. $94,565,573 904,674 3.11% Shares
Liontrust Investment Partners LLP $92,986,265 609,746 3.06% Shares
BNP PARIBAS FINANCIAL MARKETS $88,171,891 843,508 2.90% Shares
WASATCH ADVISORS LP $87,297,616 808,012 2.87% Shares
MILLENNIUM MANAGEMENT LLC $77,754,327 743,847 2.56% Shares
D. E. Shaw & Co., Inc. $72,011,031 688,903 2.37% Shares
Amundi $69,350,324 663,449 2.28% Shares
TWO SIGMA ADVISERS, LP $67,420,250 442,100 2.22% Shares
DIMENSIONAL FUND ADVISORS LP $61,229,075 585,756 2.01% Shares
Qube Research & Technologies Ltd $58,680,947 561,379 1.93% Shares
NORGES BANK $49,366,697 472,273 1.62% Shares
Assenagon Asset Management S.A. $43,341,483 414,632 1.42% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $42,512,037 406,697 1.40% Shares
RIVERBRIDGE PARTNERS LLC $34,324,093 328,366 1.13% Shares
Gotham Asset Management, LLC $31,219,348 298,664 1.03% Shares
VANGUARD FIDUCIARY TRUST CO $28,802,092 275,539 0.95% Shares
GOLDMAN SACHS GROUP INC $27,926,967 267,167 0.92% Shares
Cubist Systematic Strategies, LLC $25,359,876 159,226 0.83% Shares
JANUS HENDERSON GROUP PLC $25,251,757 233,726 0.83% Shares
Balyasny Asset Management L.P. $21,637,501 206,998 0.71% Shares
TD Asset Management Inc $21,217,499 202,980 0.70% Shares
IEQ CAPITAL, LLC $20,119,098 192,472 0.66% Shares
FIRST TRUST ADVISORS LP $19,019,338 181,951 0.63% Shares
Ranger Investment Management, L.P. $17,902,017 171,262 0.59% Shares
ExodusPoint Capital Management, LP $15,982,742 152,901 0.53% Shares
CAPITAL FUND MANAGEMENT S.A. $15,181,205 145,233 0.50% Shares
Corient Private Wealth LP $14,997,661 143,477 0.49% Shares
NICHOLAS COMPANY, INC. $14,823,713 141,813 0.49% Shares
HighTower Advisors, LLC $14,255,258 136,375 0.47% Shares
CANADA PENSION PLAN INVESTMENT BOARD $13,547,088 129,600 0.45% Shares
BANK OF AMERICA CORP /DE/ $13,275,833 127,005 0.44% Shares
Boston Trust Walden Corp $12,782,033 122,281 0.42% Shares
ALGERT GLOBAL LLC $12,702,486 121,520 0.42% Shares
RHUMBLINE ADVISERS $11,574,961 110,734 0.38% Shares
Public Sector Pension Investment Board $10,902,688 104,302 0.36% Shares
BARCLAYS PLC $10,902,479 104,300 0.36% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $10,541,641 100,848 0.35% Shares
Mariner, LLC $10,377,489 99,274 0.34% Shares
RENAISSANCE TECHNOLOGIES LLC $10,094,985 96,575 0.33% Shares
California Public Employees Retirement System $9,231,985 88,319 0.30% Shares
Swiss National Bank $9,041,845 86,500 0.30% Shares
FMR LLC $8,977,873 85,888 0.30% Shares
Trexquant Investment LP $8,958,326 85,701 0.29% Shares
WELLINGTON MANAGEMENT GROUP LLP $8,894,040 85,086 0.29% Shares
ROYAL BANK OF CANADA $8,885,000 84,999 0.29% Shares
ENVESTNET ASSET MANAGEMENT INC $8,841,786 84,586 0.29% Shares
BLAIR WILLIAM & CO/IL $8,179,347 78,249 0.27% Shares
Man Group plc $8,121,249 77,693 0.27% Shares
BW Gestao de Investimentos Ltda. $7,724,558 73,898 0.25% Shares
BlackRock, Inc. $7,655,986 73,242 0.25% Shares
Engineers Gate Manager LP $7,157,169 68,470 0.24% Shares
Connor, Clark & Lunn Investment Management Ltd. $7,033,719 67,289 0.23% Shares
LOOMIS SAYLES & CO L P $6,956,890 66,554 0.23% Shares
Retirement Systems of Alabama $6,831,872 65,358 0.22% Shares
Schonfeld Strategic Advisors LLC $6,711,242 64,204 0.22% Shares
Edgestream Partners, L.P. $6,544,519 62,609 0.22% Shares
Swedbank AB $6,313,612 60,400 0.21% Shares
MERCER GLOBAL ADVISORS INC /ADV $6,231,874 59,618 0.20% Shares
Focus Partners Wealth $5,896,972 56,407 0.19% Shares
AMERIPRISE FINANCIAL INC $5,865,819 56,070 0.19% Shares
Cerity Partners LLC $5,811,431 55,596 0.19% Shares
SEIZERT CAPITAL PARTNERS, LLC $5,539,045 52,990 0.18% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $5,385,418 51,859 0.18% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $5,360,297 49,614 0.18% Shares
ALLIANCEBERNSTEIN L.P. $5,245,018 48,547 0.17% Shares
Cassady Schiller Wealth Management, LLC $5,067,735 25,406 0.17% Shares
Squarepoint Ops LLC $5,033,747 48,156 0.17% Shares
Granite Investment Partners, LLC $5,006,360 47,894 0.16% Shares
SummitTX Capital, L.P. $4,754,024 45,480 0.16% Shares
VANGUARD ASSET MANAGEMENT, Ltd $4,555,208 43,578 0.15% Shares
WINTON GROUP Ltd $4,352,002 41,634 0.14% Shares
VAN ECK ASSOCIATES CORP $4,254,998 40,706 0.14% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $4,173,883 39,930 0.14% Shares
STATE OF WISCONSIN INVESTMENT BOARD $4,105,938 39,280 0.13% Shares
Verition Fund Management LLC $3,999,422 38,261 0.13% Shares
AlphaQuest LLC $3,989,248 26,159 0.13% Shares
Holocene Advisors, LP $3,979,875 38,074 0.13% Shares
Dana Investment Advisors, Inc. $3,967,645 37,957 0.13% Shares
VICTORY CAPITAL MANAGEMENT INC $3,870,746 37,030 0.13% Shares
CITADEL ADVISORS LLC $3,804,892 36,400 0.13% Call option
Universal- Beteiligungs- und Servicegesellschaft mbH $3,518,168 33,657 0.12% Shares
Hillsdale Investment Management Inc. $3,489,211 33,380 0.11% Shares
Sone Capital Management, LLC $3,413,009 32,651 0.11% Shares
Bridgewater Associates, LP $3,330,117 31,858 0.11% Shares
PANAGORA ASSET MANAGEMENT INC $3,208,548 30,695 0.11% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $3,207,294 30,683 0.11% Shares
CWM, LLC $3,129,271 28,964 0.10% Shares
Bell Asset Management Ltd $2,912,101 27,859 0.10% Shares
Y-Intercept (Hong Kong) Ltd $2,898,826 27,732 0.10% Shares
Nebula Research & Development LLC $2,870,412 15,842 0.09% Shares
Sovereign's Capital Management, LLC $2,861,047 27,345 0.09% Shares
Summit Trail Advisors, LLC $2,808,930 26,872 0.09% Shares

Company insiders 23 insiders · 12 officers · 12 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Toby J. Williams President and CEO Aug. 14, 2026 A 347,771 0 4 $-1,782,201
Ryan Glenn Chief Financial Officer Aug. 14, 2026 A 131,915 0 1 $-121,547
McGrail Peter J Chief Financial Officer Jan. 9, 2015 S 16,034 0 0 $0
Melissa Ann King SVP Product and Technology Aug. 14, 2026 A 62,836 0 0 $0
Joshua Scutt SVP Chief Revenue Officer Aug. 14, 2026 A 84,239 0 1 $-17,068
Nicholas Rost VP CAO & Treasurer Aug. 14, 2026 A 14,657 0 0 $0
Andrew Cappotelli Sr Vice President Operations Aug. 14, 2026 A 48,942 0 1 $-8,144
Steven R Beauchamp Executive Chairman Aug. 14, 2026 A 1,277,477 0 6 $-3,041,253
Michael R Haske Senior VP of Sales & Marketing Nov. 24, 2015 S 1,585,882 0 0 $0
Mark S Kinsey Senior VP of Operations April 30, 2015 A 25,000 0 0 $0
Jenifer L Page Senior VP Operations Nov. 13, 2014 S 507,073 0 0 $0
Edward W Gaty Sr. VP of Product Development Aug. 18, 2014 A 7,000 0 0 $0
Kenneth B. Robinson Director Aug. 14, 2026 A 7,545 0 0 $0
Robin Le Pederson Director Aug. 14, 2026 A 9,199 0 0 $0
Steven I Sarowitz Director Aug. 14, 2026 S 4,488,594 0 14 $-9,086,507
Linda Marie Breard Director Aug. 14, 2026 A 5,733 0 0 $0
Craig Conway Director Aug. 14, 2026 A 5,352 0 0 $0
Virginia G Breen Director Aug. 14, 2026 A 12,501 0 0 $0
Ronald V Waters Director Aug. 14, 2026 A 11,640 0 0 $0
Jeffrey T Diehl Director Aug. 17, 2017 S 428,955 0 0 $0
Andres Reiner Director Sept. 8, 2014 A 6,013 0 0 $0
Mark H Mishler Director Aug. 18, 2014 A 23,314 0 0 $0
Adams Street Partners, LLC 10% owner Aug. 16, 2016 A 0 0 $0

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

ETF ownership Held by 95 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
SMLL · Harbor ETF Trust 2.58% 3,386 NS April 30, 2026 N-PORT
GRPM · Invesco Exchange-Traded Fund Trust 2.29% 77,472 SH Aug. 8, 2026 Daily
SOVF · Elevation Series Trust 1.80% 16,114 NS April 30, 2026 N-PORT
MCOW · Pacer Funds Trust 1.21% 113 NS April 30, 2026 N-PORT
BUL · Pacer Funds Trust 0.71% 8,587 NS April 30, 2026 N-PORT
RFG · Invesco Exchange-Traded Fund Trust 0.43% 10,350 SH Aug. 8, 2026 Daily
IJK · iShares Trust 0.35% 253,953 SH Aug. 8, 2026 Daily
SKYU · ProShares Trust 0.29% 90 NS May 31, 2026 N-PORT
BFOR · ALPS ETF Trust 0.24% 4,503 NS May 31, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.24% 42,795 SH Aug. 8, 2026 Daily
PNQI · Invesco Exchange-Traded Fund Trust 0.22% 7,985 SH Aug. 8, 2026 Daily
XJH · iShares Trust 0.21% 5,881 SH Aug. 8, 2026 Daily
QVMM · Invesco Exchange-Traded Fund Trust … 0.20% 5,974 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.19% 12,650 SH Aug. 8, 2026 Daily
IJH · iShares Trust 0.18% 1,496,504 SH Aug. 8, 2026 Daily
ANEW · ProShares Trust 0.17% 111 NS May 31, 2026 N-PORT
ESML · iShares Trust 0.15% 28,769 SH Aug. 8, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.15% 6,743 SH Aug. 8, 2026 Daily
PTMC · Pacer Funds Trust 0.13% 4,916 NS April 30, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.12% 570,169 SH Aug. 8, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.12% 70,258 SH Aug. 8, 2026 Daily
MVV · ProShares Trust 0.11% 1,509 NS May 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.11% 6,316 NS April 30, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.11% 20,193 SH Aug. 8, 2026 Daily
VFVA · VANGUARD WELLINGTON FUND 0.10% 7,868 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.09% 1,785 SH Aug. 8, 2026 Daily
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.09% 17,957 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.09% 118,028 NS May 31, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.09% 8,220 SH Aug. 8, 2026 Daily
MIDU · Direxion Shares ETF Trust 0.09% 723 NS April 30, 2026 N-PORT
SMLF · iShares Trust 0.09% 25,185 SH Aug. 8, 2026 Daily
SMMD · iShares Trust 0.09% 22,160 SH Aug. 8, 2026 Daily
DFAS · Dimensional ETF Trust 0.08% 104,914 NS April 30, 2026 N-PORT
IYJ · iShares Trust 0.08% 9,976 SH Aug. 8, 2026 Daily
UMDD · ProShares Trust 0.08% 211 NS May 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.07% 12,875 NS April 30, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.06% 3,458 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.06% 2,729 SH Aug. 8, 2026 Daily
AFMC · First Trust Exchange-Traded Fund VI… 0.06% 867 NS May 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.06% 52,215 SH Aug. 8, 2026 Daily
IWS · iShares Trust 0.06% 60,771 SH Aug. 8, 2026 Daily
AVMC · AMERICAN CENTURY ETF TRUST 0.05% 1,823 NS May 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.05% 497,862 SH Aug. 8, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.05% 981,285 SH Aug. 8, 2026 Daily
IWR · iShares Trust 0.05% 177,447 SH Aug. 8, 2026 Daily
AVMV · AMERICAN CENTURY ETF TRUST 0.05% 2,523 NS May 31, 2026 N-PORT
IQSM · New York Life Investments ETF Trust 0.04% 1,318 NS April 30, 2026 N-PORT
FYEE · Fidelity Greenwood Street Trust 0.04% 654 NS April 30, 2026 N-PORT
AVUQ · AMERICAN CENTURY ETF TRUST 0.04% 865 NS May 31, 2026 N-PORT
FHEQ · Fidelity Greenwood Street Trust 0.04% 2,773 NS April 30, 2026 N-PORT