PRDO Perdoceo Education Corporation - Common Stock
About Perdoceo Education Corporation - Common Stock Company overview from Wikipedia
Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.
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Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.
History
Career Education was founded in 1994 by John M. Larson who served as the company's president, CEO and was a member of the board of directors until 2006. Under his leadership, Career Education grew to include over 24 U.S. campuses. On July 1, 2003, Career Education Corporation merged with competitor Whitman Education Group, Inc., gaining control over the latter's Sanford-Brown Colleges, Ultrasound Diagnostic Schools (later known as the Sanford-Brown Institute), and Colorado Technical University. They also obtained the former Western School of Health and Business. In the same year, CEC was sued for inflating financial results and issuing misleading statements, violating the Securities Exchange Act.
In March 2007, Gary McCullough joined the company and served as CEO until November 2011, when Steven H. Lesnik assumed the role of interim president and CEO. Lesnik was the former chairman of the Illinois State Board of Education. In 2009, Career Education purchased the right to operate Le Cordon Bleu schools in the United States and Canada. In April 2013, Scott Steffey, a veteran of Strayer Education Inc. and former vice chancellor of the State University of New York (SUNY) system, was named as Lesnik's permanent replacement.
According to a 2014 US Senate Health, Education, Labor, and Pensions report, 48% of Career Education's programs would have failed or been at risk of failing the US Department of Education's new "gainful employment" standards. Until 2015, California Regent Richard Blum (Senator Dianne Feinstein's husband) was a significant shareholder of Career Education stock despite allegations of conflict of interest.
Todd S. Nelson was named CEO of Career Education Corporation in 2015. Nelson was previously the CEO of Apollo Group (parent company of University of Phoenix) and Education Management Corporation (the parent company of the Art Institutes, Argosy University, Brown Mackie College, and South University). The organization closed most of its 50 campuses in the United States as the corporation downsized to two primarily online brands: American InterContinental University and Colorado Technical University. In 2016, Career Education Corporation had about 43,000 students. However, approximately 9,400 students came from schools that were shutting down.
In March 2017, Secretary of Education Betsy DeVos appointed Robert Eitel, a former Career Education vice president, as an advisor. In March 2019, Career Education Corporation entered into an agreement with Trident University International, an online for-profit college with approximately 4,000 students, for $35–$44 million, and merged this acquisition into American InterContinental University. In September 2019, The Capitol Forum reported that CECO schools "enjoyed an uptick in growth but have declined in quality metrics—spending on instruction, number of dropouts and bad debt all worsened, sometimes dramatically so."
On January 1, 2020, Career Education Corporation officially changed its name to Perdoceo. In March 2020, The Capitol Forum reported that the US Department of Education allowed Perdoceo and its subsidiary AIU to defer $39 million in Title IV money to avoid violating the 90/10 rule.
In 2021, Perdoceo acquired DigitalCrafts for $18.4 million and Hippo Education for $43.3 million. In 2022 Andrew Hurst replaced Todd Nelson as CEO.
The same year, the corporation acquired California Southern University for $40 million.
On July 16, 2024, Perdoceo Education Corporation announced that its expects to pay approximately $142 million to $144 million in cash at closing to acquire 100% ownership of the University of St. Augustine for Health Sciences. The Company expects to complete the acquisition in December 2024.
Lawsuits, investigations, and controversies
Career Education was investigated by the United States Securities and Exchange Commission for issues of non-compliance in 2005. On February 15, 2005, the company announced an adjustment related to an increase in the estimate for its allowance for doubtful accounts and a restatement for a change in revenue recognition method for its culinary and healthcare externships. In January 2008, CEC reported that the SEC has closed its investigation and will take no action against the company.
A Department of Justice investigation began in 2004 and was terminated in April 2007, with the DOJ declining prosecution.
In June 2005, the U.S. Department of Education prohibited CECO from expanding until it had resolved issues with financial statements and program reviews connected with its Collins College and Brooks College. In January 2007, the U.S. Department of Education lifted its restrictions on the company opening new schools or acquiring existing ones. Career Education's American InterContinental University was placed on probation in December 2005 with its accrediting agency, SACS. The probation status was reviewed after one year, in December 2006, and extended an additional 12 months. On December 11, 2007, CEC announced that SACS has removed AIU's probation and that the university's accreditation remains in good standing.
Brooks College, a Career Education owned school, was the subject of an unfavorable examination of for-profit trade schools in the CBS news magazine 60 Minutes which focused on alleged misrepresentations by admission representatives to prospective students. A CBS producer with a hidden camera visited several Career Education schools in the New York area, including the Katharine Gibbs School. In January 2007, the New York State Education Department reported deficiencies at the Katharine Gibbs School's New York campus. The problems related to faculty qualifications and remedial course offerings. Career Education has since closed Katharine Gibbs School's New York campus. In June of the same year, Career Education announced its plan to close both campuses of Brooks College.
California Culinary Academy, which was purchased by Career Education in 1999, was the subject of an unfavorable article in the San Francisco Weekly focusing on alleged misrepresentations and omissions made to prospective students to enroll them in the school. According to the Chronicle of Higher Education, a lawsuit was filed over the matter, which resulted in Career Education Corp. paying $10 million in settlement fees.
On November 1, 2011, Career Education's chief executive officer resigned as corporate profits significantly fell and allegations were made involving inflated student placement statistics at its career-oriented schools in New York. Over the year the stock value dropped about 48%. Steve Lesnik was appointed by the board of directors to serve as the new CEO. Lesnik was a visiting lecturer at Northwestern University and a director of the Illinois Math & Science Academy Foundation. Several lawsuits were filed by investors who claimed they were defrauded. CEO Gary McCullough was paid nearly $9.8 million in 2011.
In 2013, Career Education Corporation paid $10.25 million to settle the state of New York's claim that the company systematically deceived students by advertising bogus job placement rates. In 2014, Career Education Corporation was under investigation by more than a dozen states Attorneys General, although no charges have been filed by them. The company said it was cooperating fully with the request for information. The New York Times also reported that if the Obama administration's "gainful employment" proposals were to go into effect, 39% of Career Education's programs would fail student loan debt-to-earnings measurements, making them ineligible for federal funds. In 2015, the US Department of Education reported that Career Education Corporation schools were under heightened cash monitoring because of concerns about their finances or compliance with federal requirements. In 2016, The Securities and Exchange Commission requested documents information regarding Career Education's fourth quarter 2014 classification of its Le Cordon Bleu campuses. The New Jersey Supreme Court also ruled that Sanford–Brown students could sue Career Education Corporation despite an arbitration clause in their contracts. The students claimed that they were misled and deceived.
In 2019, Career Education Corp. agreed to forgive $493 million in student debt in a settlement with attorneys general from 48 states and the District of Columbia, closing out a 5-year investigation. The company denied wrongdoing. In September 2019, Perdoceo reached a $30 million settlement with the Federal Trade Commission over its fraudulent use of lead generation websites to lure students. In June 2020, an internal employee whistleblower exposed the potentially unethical interference in their job by Diane Auer Jones, currently principal deputy undersecretary at the Education Department. Jones was “vice president of regulatory and external affairs for Career Education Corporation, where she was responsible for companywide regulatory operations, licensure and accreditation, government affairs, among other things, and oversaw the organization's political action committee.” Also in 2020, the Department of Veterans Affairs threatened to cut off funding to Colorado Technical Institute and American Intercontinental University. The Trump Administration, however, sided with the for-profit schools.
Downsizing
In June 2007 Career Education announced that it would close the Brooks College campuses in Sunnyvale and Long Beach, California, and the Pittsburgh branch of the International Academy of Design and Technology. No new enrollments would be accepted, and the final graduation dates would be September 2008 at the Sunnyvale campus, December 2008 in Pittsburgh, and March 2009 in Long Beach. In February 2008 Career Education Corporation announced that it would phase out operations of nine money-losing colleges, including several Gibbs College campuses, Lehigh Valley College, and McIntosh College in New Hampshire and to seek permission to convert two Gibbs college locations to Sanford-Brown College campuses. On February 18, 2008, CECO's American InterContinental University announced plans to gradually close down its Los Angeles campus. Current students would have the opportunity to complete their programs, but no new students would be enrolled. Dr. George Miller, CEO of American InterContinental University, said "the impact of a two-year probation, coupled with the current market for AIU's programs in Los Angeles, is such that the student population at the campus has decreased significantly, and likely will not reach the sustainable level necessary to support the addition of new programs and necessary resources."
In January 2011, the company announced it would be laying off 600 people. Due to continued declining enrollment, additional plans to lay off as much as 7% of CEC's workforce (900 jobs) and close 23 schools were announced on November 8, 2012. The corporation made the announcement as it reported a $33.1 million net loss for the third quarter of 2012, as well a 23 percent decline in enrollment from a year ago. The Chicago Sun Times explained that "a U.S. Senate committee report last summer criticized for-profit schools for focusing on their own profits above their students’ job-readiness and for burdening students with loan debt at taxpayers’ expense. The scrutiny has hurt for-profit college enrollment." 25% of the current faculty at the California Culinary Academy were notified of their termination in mid November, effective December 31, 2012.Year over year, student enrollment dropped 16% from 2012 to 2013.
In 2015, Harrington College of Design in Chicago announced a planned closure. Purchased by Career Education Corporation in 1999, the school experienced declining enrollment and closed permanently in August 2018. On May 7, 2015, CECO announced the closure of its 14 remaining Sanford-Brown Colleges. Teach-outs of the remaining students were expected to take at least 18 months, depending on their programs. On December 16, 2015, CECO announced that it would close all 16 Le Cordon Bleu campuses in the United States. CECO had previously placed the brand up for sale.
Funding
In the 2011 fiscal year, over 95% of Career Education Corporation's funds came from enrolling students whose tuition was paid for by programs sponsored by the US federal government, with about $67 million annually coming from the US Department of Defense and Veterans Administration.
Schools
Open
American InterContinental University (AIU)
Colorado Technical University (CTU)
California Southern University (acquired in 2022)
Trident University International (acquired by Career Education Corporation in 2019)
University of St. Augustine for Health Sciences (acquired in 2024)
Hippo Education (acquired 2021)
Closed
Briarcliffe College (closed 2018)
Brooks College, Long Beach and Sunnyvale, California (closed, campuses sold in 2007)
Brooks Institute (sold in 2015, closed in 2016)
Collins College Art and Technical colleges (closed December 2012)
DigitalCrafts (acquired 2021)
Gibbs College School (closed 2008)
Harrington College of Design (closed 2018)
Le Cordon Bleu (closed 2017)
Missouri College (sold in 2015, closed in 2016)
Sanford-Brown Colleges and Institutes (closed 2017)
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
PRDO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
PRDO 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 1, 2026 | $0.1500 |
| March 2, 2026 | $0.1500 |
| Nov. 28, 2025 | $0.1500 |
| Sept. 2, 2025 | $0.1500 |
| May 30, 2025 | $0.1300 |
| Feb. 28, 2025 | $0.1300 |
| Dec. 2, 2024 | $0.1300 |
| Aug. 30, 2024 | $0.1300 |
| May 31, 2024 | $0.1100 |
| Feb. 29, 2024 | $0.1100 |
| Nov. 30, 2023 | $0.1100 |
| Aug. 31, 2023 | $0.1100 |
PRDO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 3 37.5%
- Buy 4 50.0%
- Hold 1 12.5%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
1 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.80 | $0.55 | 0.25% |
| March 31, 2026 | $0.90 | $0.86 | 0.04% |
| Dec. 31, 2025 | $0.59 | $0.55 | 0.04% |
| Sept. 30, 2025 | $0.65 | $0.62 | 0.03% |
| June 30, 2025 | $0.67 | $0.66 | 0.01% |
| March 31, 2025 | $0.70 | $0.67 | 0.03% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PRDO | $1.83B | 12.1 | 24.2% | 18.9% | 16.3% | — |
| CVSA | $4.24B | 17.7 | 9.3% | 12.9% | 17.8% | — |
| LOPE | $4.56B | 21.6 | 7.1% | 19.5% | 28.3% | — |
| LRN | $3.58B | 12.1 | 4.7% | 13.4% | 21.3% | 37.8% |
| BFAM | $5.64B | 30.2 | 9.2% | 6.6% | 14.1% | 23.8% |
| MH | $2.62B | 72.1 | 0.07% | 1.7% | 4.6% | 80.9% |
| STRA | $1.84B | 14.8 | 4.0% | 10.0% | 7.6% | — |
| UTI | $1.77B | 28.8 | 14.1% | 7.5% | 20.3% | — |
| COUR | — | -23.7 | 9.0% | — | — | — |
| PXED | — | — | — | — | — | — |
| LINC | $764M | 37.7 | 17.8% | 3.9% | 10.5% | — |
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 | $846M | $681M | $710M | $695M | $693M | $687M | $628M | $581M | $596M | $704M | $847M | $914M | |
| SG&A Expense | $411M | $367M | $398M | $426M | $419M | $417M | $430M | $391M | $405M | $478M | $564M | $640M | |
| Operating Expenses | $650M | $507M | $560M | $566M | $544M | $544M | $541M | $510M | $562M | $737M | $939M | $1.05B | |
| Operating Income | $196M | $174M | $150M | $130M | $149M | $143M | $86M | $71M | $34M | $-32M | $-92M | $-139M | |
| Interest Expense | · | · | $404.0K | $400.0K | $920.0K | $167.0K | $167.0K | $681.0K | $451.0K | $584.0K | $835.0K | $491.0K | |
| Interest Income | $26M | $29M | $20M | $7M | $930.0K | $4M | $6M | $4M | $2M | $1M | $794.0K | $851.0K | |
| Other Non-op | $991.0K | $-1M | $22M | $-2M | $41.0K | $121.0K | $335.0K | $196.0K | $665.0K | $300.0K | $-436.0K | $86.0K | |
| Pretax Income | · | · | · | · | · | · | · | · | · | · | $-94M | $-139M | |
| Income Tax | $57M | $54M | $44M | $38M | $39M | $22M | $22M | $19M | $67M | $-17M | $-147M | $4M | |
| Net Income | $160M | $148M | $148M | $96M | $110M | $124M | $70M | $55M | $-32M | $-19M | $52M | $-178M | |
| EPS (Basic) | $2.47 | $2.25 | $2.22 | $1.41 | $1.57 | $1.79 | $1.00 | $0.79 | $-0.46 | $-0.27 | $0.76 | $-2.65 | |
| EPS (Diluted) | $2.42 | $2.19 | $2.18 | $1.39 | $1.55 | $1.74 | $0.97 | $0.77 | $-0.46 | $-0.27 | $0.76 | $-2.65 | |
| Shares (Basic) | 64,805,000 | 65,646,000 | 66,468,000 | 67,934,000 | 70,024,000 | 69,414,000 | 70,088,000 | 69,598,000 | 68,949,000 | 68,373,000 | 67,860,000 | 67,173,000 | |
| Shares (Diluted) | 66,156,000 | 67,242,000 | 67,826,000 | 69,031,000 | 70,881,000 | 71,265,000 | 72,085,000 | 71,482,000 | 68,949,000 | 68,373,000 | 68,328,000 | 67,173,000 | |
| EBITDA | $238M | $189M | $167M | $149M | $166M | $158M | $96M | $81M | $48M | $-10M | $-67M | $-17M |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $111M | $109M | $118M | $109M | $320M | $106M | $109M | $32M | $18M | $50M | $67M | $94M | |
| Short-term Investments | · | · | · | · | · | · | · | · | $156M | $148M | $115M | $123M | |
| Receivables | · | · | · | · | · | · | $55M | $29M | $19M | $23M | $32M | $31M | |
| Inventory | $4M | $3M | $5M | $2M | $904.0K | $596.0K | $576.0K | $763.0K | $1M | $2M | $3M | $5M | |
| Prepaid Expense | $17M | $17M | $12M | $8M | $7M | $8M | $7M | $8M | $8M | $14M | $14M | $17M | |
| Other Current Assets | $208.0K | $171.0K | $155.0K | $597.0K | $3M | $341.0K | $2M | $437.0K | $1M | $817.0K | $3M | $5M | |
| Current Assets | $697M | $640M | $655M | $575M | $554M | $467M | $360M | $269M | $211M | $248M | $289M | $318M | |
| PP&E (Net) | $83M | $96M | $21M | $26M | $28M | $28M | $26M | $30M | $33M | $41M | $58M | $116M | |
| PP&E (Gross) | $170M | $163M | $80M | $80M | $142M | $129M | $119M | $228M | $247M | $422M | $507M | $599M | |
| Accum. Depreciation | $87M | $67M | $59M | $54M | $114M | $101M | $93M | $198M | $214M | $381M | $449M | $483M | |
| Goodwill | $266M | $258M | $241M | $244M | $163M | $118M | $87M | $87M | $87M | $87M | $87M | $87M | |
| Intangibles | $78M | $95M | $36M | $54M | $32M | $16M | $8M | $8M | $8M | $8M | $9M | $28M | |
| Other Non-current Assets | $8M | $8M | $7M | $6M | $7M | $6M | $6M | $5M | $6M | $8M | $17M | $19M | |
| Total Assets | $1.25B | $1.24B | $1.01B | $957M | $847M | $722M | $599M | $482M | $447M | $560M | $611M | $574M | |
| Accounts Payable | $14M | $13M | $11M | $14M | $11M | $13M | $12M | $9M | $9M | $10M | $26M | $24M | |
| Short-term Debt | · | · | · | · | · | · | · | · | · | · | $38M | $10M | |
| Current Liabilities | $138M | $132M | $111M | $163M | $140M | $104M | $104M | $97M | $113M | $169M | $193M | $180M | |
| Capital Leases | $44M | $50M | $21M | $27M | $36M | $43M | $52M | · | · | · | · | · | |
| Other Non-current Liabilities | $31M | $27M | $34M | $41M | $22M | $18M | $12M | $17M | $22M | $32M | $25M | $21M | |
| Total Debt | · | · | · | · | · | · | · | · | · | · | $38M | $10M | |
| Common Stock | $921.0K | $910.0K | $903.0K | $894.0K | $887.0K | $873.0K | $860.0K | $852.0K | $843.0K | $835.0K | $830.0K | $823.0K | |
| Paid-in Capital | · | · | · | · | · | · | · | · | · | · | · | $607M | |
| Retained Earnings | $718M | $596M | $481M | $348M | $252M | $142M | $18M | $-53M | $-108M | $-76M | $-58M | $-109M | |
| Treasury Stock | $469M | $344M | $334M | $302M | $277M | $246M | $227M | $221M | $217M | $216M | $216M | $215M | |
| AOCI | $1M | $166.0K | $-666.0K | $-5M | $-96.0K | $364.0K | $344.0K | $-298.0K | $-164.0K | $-258.0K | $-880.0K | $-853.0K | |
| Stockholders' Equity | $972M | $960M | $841M | $726M | $650M | $556M | $431M | $355M | $296M | $322M | $338M | $282M | |
| Liabilities + Equity | $1.25B | $1.24B | $1.01B | $957M | $847M | $722M | $599M | $482M | $447M | $560M | $611M | $574M | |
| Shares Outstanding | 62,478,373 | 65,719,224 | 65,544,539 | 67,175,485 | 68,748,662 | 70,062,364 | 70,151,357 | 69,772,910 | 69,117,803 | 68,519,005 | 68,098,654 | 67,521,038 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $42M | $15M | $17M | $20M | $17M | $15M | $9M | $9M | $14M | $23M | $25M | $55M | |
| Stock-based Comp | $12M | $10M | $8M | $9M | $15M | $13M | $9M | $6M | $5M | $3M | $3M | $4M | |
| Deferred Tax | $4M | $3M | $4M | $-677.0K | $15M | $20M | $22M | $18M | $65M | $-17M | $-145M | $14M | |
| Amort. of Intangibles | $17M | $6M | $8M | $7M | $4M | $3M | $0 | $0 | $600.0K | $800.0K | $100.0K | $800.0K | |
| Restructuring | · | · | · | · | · | · | · | $2M | · | $507.0K | $24M | $4M | |
| Other Non-cash | $8M | $-13M | $-64M | $25M | $34M | $7M | $-37M | $-31M | $-74M | $16M | $43M | $-14M | |
| Operating Cash Flow | $225M | $162M | $112M | $148M | $191M | $180M | $73M | $57M | $-22M | $6M | $-21M | $-119M | |
| CapEx | · | · | · | · | · | · | · | · | · | $4M | $12M | $13M | |
| Investing Cash Flow | $-54M | $-108M | $-89M | $-327M | $54M | $-166M | $8M | $-41M | $-12M | $-34M | $-8M | $-108M | |
| Stock Issued | $2M | $2M | $3M | $1M | $861.0K | $6M | $2M | $2M | $3M | $773.0K | $1M | $1M | |
| Stock Repurchased | $121M | $7M | $8M | $23M | $25M | $18M | $4M | · | · | · | · | · | |
| Net Stock Activity | $-119M | $-5M | $-6M | $-22M | $-24M | $-12M | $-2M | $2M | $3M | $773.0K | $1M | $1M | |
| Dividends Paid | · | · | $14M | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-171M | $-41M | $-23M | $-28M | $-30M | $-13M | $-5M | $-2M | $2M | $-38M | $29M | $980.0K | |
| Net Change in Cash | $527.0K | $13M | $137.0K | $-206M | $215M | $997.0K | $76M | $14M | $-32M | $-66M | $-30.0K | $-225M | |
| Taxes Paid | $49M | $47M | $42M | $29M | $23M | $611.0K | $46.0K | $266.0K | $120.0K | $334.0K | $580.0K | $18M | |
| Free Cash Flow | · | · | · | · | · | · | · | · | · | $2M | $-33M | $-132M | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | $-33M | $-132M |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 23.2% | 25.6% | 21.2% | 18.6% | 21.5% | 20.8% | 13.8% | 12.3% | 5.7% | -4.6% | -10.9% | -9.8% | |
| Net Margin | 18.9% | 21.7% | 20.8% | 13.8% | 15.8% | 18.1% | 11.2% | 9.5% | -5.3% | -2.7% | 6.1% | -24.0% | |
| Pretax Margin | · | · | · | · | · | · | · | · | · | · | -11.2% | -9.8% | |
| EBITDA Margin | 28.1% | 27.7% | 23.6% | 21.5% | 23.9% | 22.9% | 15.2% | 13.9% | 8.1% | -1.4% | -7.9% | -2.3% | |
| ROA | 12.9% | 13.2% | 15.0% | 10.6% | 14.0% | 18.8% | 12.9% | 11.9% | -6.3% | -3.2% | 8.8% | -25.9% | |
| ROE | 16.3% | 15.6% | 17.7% | 13.4% | 16.9% | 23.1% | 16.8% | 15.9% | -10.3% | -5.7% | 16.8% | -48.3% | |
| ROIC | · | · | · | · | · | · | · | · | · | · | 13.8% | -26.2% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.1 | 4.8 | 5.9 | 3.5 | 4.0 | 4.5 | 3.5 | 2.8 | 1.9 | 1.5 | 1.5 | 1.9 | |
| Quick Ratio | 0.8 | 0.8 | 1.1 | 0.7 | 2.3 | 1.0 | 1.6 | 0.6 | 1.7 | 1.3 | 1.1 | 1.2 | |
| Debt / Equity | · | · | · | · | · | · | · | · | · | · | 0.1 | 0.0 | |
| Interest Coverage | · | · | 372.4 | 324.1 | 162.0 | 855.9 | 517.7 | 104.7 | 75.7 | -55.4 | -110.4 | -148.1 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 | 1.2 | 1.3 | 1.2 | 1.2 | 1.4 | 1.1 | |
| Receivables Turnover | · | · | · | · | · | · | 15.0 | 24.4 | 28.6 | 25.9 | 26.9 | 28.2 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 24.2% | -4.0% | 2.1% | 0.31% | 0.83% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 6.8% | -0.57% | 1.1% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 10.5% | 0.46% | 56.8% | -10.3% | -10.9% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 20.3% | 12.2% | 7.8% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 6.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 8.3% | -0.04% | 54.0% | -12.6% | -11.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 18.6% | 10.4% | 5.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 5.2% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $846M | $681M | $710M | $695M | $693M | $687M | $628M | $581M | $596M | $704M | $847M | $914M | |
| Net Income TTM | $160M | $148M | $148M | $96M | $110M | $124M | $70M | $55M | $-32M | $-19M | $52M | $-178M | |
| Market Cap | $1.83B | $1.74B | $1.15B | $934M | $808M | $885M | $1.29B | $797M | $835M | $691M | $247M | $470M | |
| Enterprise Value | · | · | · | · | · | · | · | · | · | · | $103M | $263M | |
| P/E | 12.1 | 12.1 | 8.1 | 10.0 | 7.6 | 7.3 | 19.0 | 14.8 | -26.3 | -37.4 | 4.8 | -2.6 | |
| P/S | 2.2 | 2.6 | 1.6 | 1.3 | 1.2 | 1.3 | 2.1 | 1.4 | 1.4 | 1.0 | 0.3 | 0.5 | |
| P/B | 1.9 | 1.8 | 1.4 | 1.3 | 1.2 | 1.6 | 3.0 | 2.2 | 2.8 | 2.2 | 0.7 | 1.7 | |
| P / Tangible Book | 2.9 | 2.9 | 2.0 | 2.2 | 1.8 | 2.1 | · | · | · | · | · | · | |
| P / Cash Flow | 8.1 | 10.8 | 10.3 | 6.3 | 4.2 | 4.9 | 17.7 | 14.0 | -38.3 | 116.9 | -11.4 | -4.0 | |
| P / FCF | · | · | · | · | · | · | · | · | · | 387.7 | -7.4 | -3.6 | |
| EV / EBITDA | · | · | · | · | · | · | · | · | · | · | -1.5 | -15.3 | |
| EV / FCF | · | · | · | · | · | · | · | · | · | · | -3.1 | -2.0 | |
| EV / Revenue | · | · | · | · | · | · | · | · | · | · | 0.1 | 0.3 | |
| Dividend Yield | · | · | 1.2% | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 8.2% | 8.3% | 12.4% | 10.0% | 13.2% | 13.8% | 5.3% | 6.7% | -3.8% | -2.7% | 20.9% | -38.1% | |
| Payout Ratio | · | · | 9.8% | · | · | · | · | · | · | · | · | · | |
| Annual Payout | · | · | $14M | · | · | · | · | · | · | · | · | · |
Income Statement 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $213M | $222M | $212M | $212M | $210M | $213M | $176M | $170M | $167M | $168M | $148M | $180M | $187M | $196M | $176M | $168M | |
| SG&A Expense | $98M | $102M | $110M | $102M | $98M | $101M | $97M | $94M | $89M | $87M | $93M | $92M | $101M | $113M | $115M | $104M | |
| Operating Expenses | $158M | $159M | $170M | $161M | $158M | $161M | $139M | $125M | $121M | $122M | $132M | $137M | $138M | $152M | $153M | $139M | |
| Operating Income | $55M | $63M | $42M | $51M | $51M | $52M | $37M | $45M | $46M | $46M | $16M | $43M | $48M | $43M | $23M | $29M | |
| Interest Expense | · | · | · | · | · | · | · | · | $112.0K | $335.0K | · | $97.0K | $96.0K | $95.0K | · | $96.0K | |
| Interest Income | $7M | $7M | $7M | $7M | $6M | $6M | $7M | $8M | $7M | $7M | $6M | $5M | $5M | $4M | $3M | $2M | |
| Other Non-op | $98.0K | $-2.0K | $1M | $2.0K | $-10.0K | $-16.0K | $-1M | $-52.0K | $-70.0K | $115.0K | $129.0K | $-98.0K | $22M | $-6.0K | $-1M | $-206.0K | |
| Income Tax | $12M | $14M | $13M | $16M | $15M | $13M | $12M | $14M | $15M | $13M | $5M | $7M | $20M | $13M | $8M | $9M | |
| Net Income | $48M | $54M | $35M | $40M | $41M | $44M | $31M | $38M | $38M | $39M | $17M | $41M | $55M | $34M | $16M | $22M | |
| EPS (Basic) | $0.77 | $0.86 | $0.55 | $0.62 | $0.63 | $0.67 | $0.48 | $0.58 | $0.59 | $0.60 | $0.27 | $0.63 | $0.81 | $0.51 | $0.23 | $0.33 | |
| EPS (Diluted) | $0.75 | $0.85 | $0.55 | $0.60 | $0.62 | $0.65 | $0.46 | $0.57 | $0.57 | $0.59 | $0.26 | $0.62 | $0.80 | $0.50 | $0.24 | $0.32 | |
| Shares (Basic) | 62,664,000 | 62,496,000 | -130,853,000 | 64,647,000 | 65,331,000 | 65,680,000 | -131,219,000 | 65,699,000 | 65,611,000 | 65,555,000 | -133,822,000 | 65,634,000 | 67,421,000 | 67,235,000 | -136,659,000 | 67,506,000 | |
| Shares (Diluted) | 63,588,000 | 63,431,000 | -133,305,000 | 66,007,000 | 66,582,000 | 66,872,000 | -133,988,000 | 67,312,000 | 67,077,000 | 66,841,000 | -136,324,000 | 67,103,000 | 68,533,000 | 68,514,000 | -138,268,000 | 68,550,000 | |
| EBITDA | $55M | $72M | · | $51M | $51M | $64M | · | $45M | $46M | $49M | · | $43M | $48M | $48M | · | $29M |
Balance Sheet 23
| 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 | $163M | $164M | $111M | $159M | $172M | $132M | $109M | $238M | $128M | $126M | · | $166M | $141M | $90M | · | $147M | |
| Inventory | $3M | $3M | $4M | $4M | $3M | $3M | $3M | $4M | $4M | $4M | · | $2M | $3M | $4M | · | $2M | |
| Prepaid Expense | $18M | $17M | $17M | $16M | $16M | $15M | $17M | $11M | $13M | $12M | · | $10M | $13M | $11M | · | $9M | |
| Other Current Assets | $224.0K | $357.0K | $208.0K | $188.0K | $200.0K | $247.0K | $171.0K | $263.0K | $457.0K | $196.0K | · | $261.0K | $664.0K | $735.0K | · | $521.0K | |
| Current Assets | $803M | $747M | $697M | $736M | $721M | $686M | $640M | $774M | $732M | $706M | · | $670M | $643M | $585M | · | $582M | |
| PP&E (Net) | $79M | $81M | $83M | $85M | $88M | $89M | $96M | $18M | $19M | $21M | · | $24M | $24M | $26M | · | $26M | |
| PP&E (Gross) | · | · | $170M | · | · | · | $163M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $95M | $91M | $87M | $83M | $78M | $74M | $67M | $65M | $63M | $61M | · | $61M | $59M | $57M | · | $119M | |
| Goodwill | $266M | $266M | $266M | $258M | $258M | $258M | $258M | $241M | $241M | $241M | $241M | $241M | $244M | $244M | $244M | $184M | |
| Intangibles | $70M | $74M | $78M | $82M | $86M | $91M | $95M | $33M | $34M | $35M | · | $40M | $49M | $51M | · | $44M | |
| Other Non-current Assets | $8M | $8M | $8M | $7M | $8M | $8M | $8M | $6M | $7M | $7M | · | $5M | $7M | $7M | · | $7M | |
| Total Assets | $1.33B | $1.29B | $1.25B | $1.30B | $1.29B | $1.27B | $1.24B | $1.12B | $1.08B | $1.05B | · | $1.03B | $1.01B | $963M | · | $899M | |
| Accounts Payable | $17M | $19M | $14M | $20M | $17M | $13M | $13M | $14M | $13M | $12M | · | $15M | $15M | $15M | · | $13M | |
| Current Liabilities | $171M | $155M | $138M | $165M | $169M | $154M | $132M | $141M | $135M | $143M | · | $139M | $161M | $135M | · | $140M | |
| Capital Leases | $39M | $41M | $44M | $46M | $48M | $50M | $50M | $17M | $18M | $17M | · | $23M | $24M | $26M | · | $30M | |
| Other Non-current Liabilities | $30M | $30M | $31M | $26M | $27M | $27M | $27M | $23M | $25M | $27M | · | $34M | $36M | $41M | · | $22M | |
| Common Stock | $929.0K | $928.0K | $921.0K | $921.0K | $920.0K | $920.0K | $910.0K | $910.0K | $910.0K | $909.0K | · | $901.0K | $900.0K | $899.0K | · | $894.0K | |
| Retained Earnings | $801M | $763M | $718M | $693M | $663M | $631M | $596M | $573M | $544M | $513M | · | $471M | $437M | $382M | · | $332M | |
| Treasury Stock | $494M | $487M | $469M | $414M | $394M | $373M | $344M | $344M | $344M | $344M | · | $329M | $329M | $305M | · | $302M | |
| AOCI | $-2M | $-1M | $1M | $1M | $722.0K | $673.0K | $166.0K | $2M | $-2M | $-2M | · | $-5M | $-6M | $-4M | · | $-6M | |
| Stockholders' Equity | $1.03B | $1000M | $972M | $998M | $985M | $970M | $960M | $935M | $900M | $866M | $841M | $830M | $792M | $761M | $726M | $706M | |
| Liabilities + Equity | $1.33B | $1.29B | $1.25B | $1.30B | $1.29B | $1.27B | $1.24B | $1.12B | $1.08B | $1.05B | · | $1.03B | $1.01B | $963M | · | $899M | |
| Shares Outstanding | 62,577,055 | 62,703,133 | 62,478,373 | 64,322,476 | 64,953,379 | 65,536,259 | 65,719,224 | 65,716,357 | 65,673,430 | 65,602,629 | · | 65,668,638 | 65,609,555 | 67,477,996 | · | 67,144,419 |
Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $9M | $9M | $10M | $10M | $10M | $12M | $6M | $3M | $3M | $3M | $3M | $4M | $4M | $5M | $5M | $5M | |
| Stock-based Comp | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $1M | $2M | $2M | $2M | $3M | $2M | |
| Other Non-cash | · | $3M | · | · | · | $7M | · | · | · | $10M | · | · | · | $-37M | · | · | |
| Operating Cash Flow | $75M | $69M | $40M | $41M | $79M | $65M | $18M | $51M | $39M | $54M | $13M | $33M | $62M | $5M | $41M | $53M | |
| Investing Cash Flow | $-59M | $-7M | $-24M | $-23M | $-8M | $1M | $-115M | $67M | $-29M | $-31M | $-57M | $-721.0K | $-9M | $-21M | $-71M | $-46M | |
| Stock Issued | $254.0K | $502.0K | $62.0K | $286.0K | $317.0K | $978.0K | $64.0K | $365.0K | $285.0K | $2M | $2M | $436.0K | $66.0K | $247.0K | $281.0K | $67.0K | |
| Stock Repurchased | $7M | $8M | $54M | $21M | $21M | $25M | $0 | $0 | $0 | $7M | $6M | $0 | $2M | $815.0K | $0 | $7M | |
| Net Stock Activity | · | $-8M | · | · | · | $-24M | · | · | · | $-5M | · | · | · | $-568.0K | · | · | |
| Dividends Paid | · | · | · | · | · | · | · | · | · | $7M | · | · | · | · | · | · | |
| Financing Cash Flow | $-17M | $-29M | $-65M | $-32M | $-30M | $-44M | $-10M | $-8M | $-7M | $-16M | $-11M | $-8M | $-2M | $-3M | $70.0K | $-7M | |
| Net Change in Cash | $-1M | $33M | $-48M | $-13M | $40M | $22M | $-107M | $110M | $2M | $8M | $-55M | $24M | $51M | $-20M | $-30M | $-629.0K |
Profitability 5
| 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 | 25.7% | 28.5% | · | 24.1% | 24.5% | 24.3% | · | 26.4% | 27.6% | 27.5% | · | 23.9% | 25.8% | 22.2% | · | 17.4% | |
| Net Margin | 22.5% | 24.3% | · | 18.8% | 19.6% | 20.5% | · | 22.5% | 23.1% | 23.4% | · | 23.0% | 29.3% | 17.6% | · | 13.1% | |
| EBITDA Margin | 25.7% | 32.7% | · | 24.1% | 24.5% | 29.8% | · | 26.4% | 27.6% | 29.3% | · | 23.9% | 25.8% | 24.8% | · | 17.4% | |
| ROA | 3.6% | 4.2% | · | 3.3% | 3.5% | 3.8% | · | 3.6% | 3.7% | 3.9% | · | 4.3% | 5.9% | 3.8% | · | 2.5% | |
| ROE | 4.8% | 5.5% | · | 4.1% | 4.4% | 4.8% | · | 4.3% | 4.5% | 4.9% | · | 5.4% | 7.4% | 4.8% | · | 3.3% |
Liquidity & Solvency 3
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.7 | 4.8 | · | 4.5 | 4.3 | 4.5 | · | 5.5 | 5.4 | 5.0 | · | 4.8 | 4.0 | 4.3 | · | 4.1 | |
| Quick Ratio | 1.0 | 1.1 | · | 1.0 | 1.0 | 0.9 | · | 1.7 | 0.9 | 0.9 | · | 1.2 | 0.9 | 0.7 | · | 1.0 | |
| Interest Coverage | · | · | · | · | · | · | · | · | 410.8 | 138.1 | · | 444.1 | 501.0 | 456.2 | · | 305.5 |
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 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 |
Valuation (TTM) 10
| 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 | $857M | $856M | · | $804M | $759M | $718M | · | $685M | $701M | $730M | · | $731M | $718M | $715M | · | $693M | |
| Net Income TTM | $183M | $179M | · | $163M | $161M | $160M | · | $157M | $174M | $170M | · | $153M | $137M | $114M | · | $108M | |
| Market Cap | $2.00B | $2.33B | · | $2.42B | $2.12B | $1.65B | · | $1.46B | $1.41B | $1.15B | · | $1.12B | $805M | $906M | · | $692M | |
| P/E | 11.3 | 13.7 | · | 15.4 | 13.6 | 10.6 | · | 9.5 | 8.3 | 7.0 | · | 7.6 | 6.2 | 8.1 | · | 6.7 | |
| P/S | 2.3 | 2.7 | · | 3.0 | 2.8 | 2.3 | · | 2.1 | 2.0 | 1.6 | · | 1.5 | 1.1 | 1.3 | · | 1.0 | |
| P/B | 1.9 | 2.3 | · | 2.4 | 2.2 | 1.7 | · | 1.6 | 1.6 | 1.3 | · | 1.4 | 1.0 | 1.2 | · | 1.0 | |
| P / Tangible Book | 2.9 | 3.5 | · | 3.7 | 3.3 | 2.7 | · | 2.2 | 2.3 | 2.0 | · | 2.0 | 1.6 | 1.9 | · | 1.4 | |
| P / Cash Flow | · | 33.6 | · | · | · | 25.3 | · | · | · | 21.1 | · | · | · | 198.2 | · | · | |
| Earnings Yield | 8.8% | 7.3% | · | 6.5% | 7.4% | 9.4% | · | 10.6% | 12.0% | 14.3% | · | 13.1% | 16.2% | 12.3% | · | 14.9% | |
| Payout Ratio | · | · | · | · | · | · | · | · | · | 18.2% | · | · | · | · | · | · |
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 | $846M | $681M | $710M | $695M | $693M |
| Operating Margin % | 23.2% | 25.6% | 21.2% | 18.6% | 21.5% |
| Net Income | $160M | $148M | $148M | $96M | $110M |
| Diluted EPS | $2.42 | $2.19 | $2.18 | $1.39 | $1.55 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 5.1 | 4.8 | 5.9 | 3.5 | 4.0 |
| Quick Ratio | 0.8 | 0.8 | 1.1 | 0.7 | 2.3 |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Institutional owners (13F) 358 filers · $1.5B 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 |
|---|---|---|---|---|
| 52 (+4 vs prior Q) | 30 (+4 vs prior Q) | 122 (+1 vs prior Q) | 104 (+6 vs prior Q) | +6.5M |
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 |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | $123,000,552 | 3,843,767 | 8.08% | Shares |
| VANGUARD GROUP INC | $117,227,141 | 3,996,834 | 7.70% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $105,592,448 | 3,299,764 | 6.94% | Shares |
| FIRST TRUST ADVISORS LP | $100,524,192 | 3,141,381 | 6.61% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $87,434,400 | 2,732,325 | 5.75% | Shares |
| STATE STREET CORP | $80,205,664 | 2,506,427 | 5.27% | Shares |
| AMERICAN CENTURY COMPANIES INC | $76,633,280 | 2,394,790 | 5.04% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $60,370,987 | 1,886,287 | 3.97% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $55,295,904 | 1,727,997 | 3.63% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $49,524,201 | 1,547,631 | 3.25% | Shares |
| Copeland Capital Management, LLC | $46,873,631 | 1,464,800 | 3.08% | Shares |
| PRUDENTIAL FINANCIAL INC | $45,984,416 | 1,437,013 | 3.02% | Shares |
| Callodine Capital Management, LP | $37,306,432 | 1,165,826 | 2.45% | Shares |
| Qube Research & Technologies Ltd | $33,064,992 | 1,033,281 | 2.17% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $27,155,136 | 848,598 | 1.78% | Shares |
| GOLDMAN SACHS GROUP INC | $23,251,040 | 726,595 | 1.53% | Shares |
| Clark Capital Management Group, Inc. | $15,272,988 | 477,281 | 1.00% | Shares |
| Bank of New York Mellon Corp | $14,503,552 | 453,236 | 0.95% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $13,176,512 | 411,766 | 0.87% | Shares |
| TWO SIGMA INVESTMENTS, LP | $13,075,040 | 408,595 | 0.86% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $12,624,096 | 394,503 | 0.83% | Shares |
| Cubist Systematic Strategies, LLC | $12,524,663 | 332,572 | 0.82% | Shares |
| PRIVATE MANAGEMENT GROUP INC | $10,868,032 | 339,626 | 0.71% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $10,596,896 | 331,153 | 0.70% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $10,424,064 | 325,752 | 0.69% | Shares |
| Cambria Investment Management, L.P. | $9,936,768 | 310,524 | 0.65% | Shares |
| Public Sector Pension Investment Board | $9,400,256 | 293,758 | 0.62% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $8,377,695 | 261,803 | 0.55% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $8,089,184 | 252,787 | 0.53% | Shares |
| Vest Financial, LLC | $7,394,944 | 231,092 | 0.49% | Shares |
| FRANKLIN RESOURCES INC | $6,974,944 | 217,967 | 0.46% | Shares |
| MANNING & NAPIER ADVISORS LLC | $6,653,920 | 207,935 | 0.44% | Shares |
| Nuveen Asset Management, LLC | $6,393,590 | 241,541 | 0.42% | Shares |
| Brandywine Global Investment Management, LLC | $6,316,831 | 215,371 | 0.42% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $5,968,352 | 186,511 | 0.39% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $5,935,456 | 185,483 | 0.39% | Shares |
| SEIZERT CAPITAL PARTNERS, LLC | $5,563,136 | 173,848 | 0.37% | Shares |
| MORGAN STANLEY | $5,470,133 | 170,941 | 0.36% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $5,074,752 | 158,586 | 0.33% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $4,972,576 | 155,393 | 0.33% | Shares |
| TWO SIGMA ADVISERS, LP | $4,874,646 | 166,200 | 0.32% | Shares |
| RHUMBLINE ADVISERS | $4,839,808 | 151,244 | 0.32% | Shares |
| ASSETMARK, INC | $4,713,503 | 147,297 | 0.31% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,599,168 | 143,724 | 0.30% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $4,206,656 | 131,458 | 0.28% | Shares |
| Squarepoint Ops LLC | $4,054,368 | 126,699 | 0.27% | Shares |
| Swiss National Bank | $4,028,800 | 125,900 | 0.26% | Shares |
| Ruffer LLP | $3,916,804 | 122,534 | 0.26% | Shares |
| Gotham Asset Management, LLC | $3,899,488 | 121,859 | 0.26% | Shares |
| Skylands Capital, LLC | $3,894,400 | 121,700 | 0.26% | Shares |
| Kennondale Capital Management LLC | $3,599,232 | 112,476 | 0.24% | Shares |
| Edgestream Partners, L.P. | $3,583,840 | 111,995 | 0.24% | Shares |
| LEUTHOLD GROUP, LLC | $3,515,936 | 109,873 | 0.23% | Shares |
| AMERIPRISE FINANCIAL INC | $3,470,048 | 108,439 | 0.23% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $3,452,896 | 107,903 | 0.23% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $3,380,576 | 105,643 | 0.22% | Shares |
| Engineers Gate Manager LP | $3,311,552 | 103,486 | 0.22% | Shares |
| Legal & General Group Plc | $2,903,872 | 90,746 | 0.19% | Shares |
| CenterBook Partners LP | $2,861,120 | 89,410 | 0.19% | Shares |
| Cresset Asset Management, LLC | $2,809,237 | 87,788 | 0.18% | Shares |
| Susquehanna Portfolio Strategies, LLC | $2,807,488 | 87,734 | 0.18% | Shares |
| ALGERT GLOBAL LLC | $2,743,680 | 85,740 | 0.18% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $2,647,456 | 82,733 | 0.17% | Shares |
| ALLIANCEBERNSTEIN L.P. | $2,641,463 | 70,988 | 0.17% | Shares |
| CITADEL ADVISORS LLC | $2,638,752 | 82,461 | 0.17% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $2,513,344 | 78,542 | 0.17% | Shares |
| Empowered Funds, LLC | $2,478,112 | 77,441 | 0.16% | Shares |
| Jefferies Financial Group Inc. | $2,451,200 | 76,600 | 0.16% | Shares |
| ROYCE & ASSOCIATES LP | $2,443,616 | 76,363 | 0.16% | Shares |
| MACKENZIE FINANCIAL CORP | $2,395,648 | 74,864 | 0.16% | Shares |
| JANE STREET GROUP, LLC | $2,391,776 | 74,743 | 0.16% | Shares |
| BlackRock, Inc. | $2,300,640 | 71,895 | 0.15% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $2,277,377 | 71,168 | 0.15% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2,255,931 | 60,627 | 0.15% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $2,170,816 | 67,838 | 0.14% | Shares |
| CITADEL ADVISORS LLC | $2,131,200 | 66,600 | 0.14% | Call option |
| Integrated Quantitative Investments LLC | $2,114,784 | 66,087 | 0.14% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $2,107,424 | 65,857 | 0.14% | Shares |
| Nuveen, LLC | $1,978,720 | 61,835 | 0.13% | Shares |
| Y-Intercept (Hong Kong) Ltd | $1,978,624 | 61,832 | 0.13% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $1,974,000 | 61,700 | 0.13% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,942,400 | 60,700 | 0.13% | Put option |
| Polaris Capital Management, LLC | $1,939,200 | 60,600 | 0.13% | Shares |
| Prairiewood Capital, LLC | $1,934,767 | 60,461 | 0.13% | Shares |
| Nebula Research & Development LLC | $1,913,444 | 58,533 | 0.13% | Shares |
| Weiss Asset Management LP | $1,814,208 | 56,694 | 0.12% | Shares |
| FIFTH THIRD BANCORP | $1,795,756 | 56,117 | 0.12% | Shares |
| DGS Capital Management, LLC | $1,768,727 | 47,534 | 0.12% | Shares |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $1,767,438 | 47,499 | 0.12% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $1,751,936 | 54,748 | 0.12% | Shares |
| Pacific Ridge Capital Partners, LLC | $1,734,944 | 54,217 | 0.11% | Shares |
| Quantbot Technologies LP | $1,720,320 | 53,760 | 0.11% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $1,670,368 | 52,199 | 0.11% | Shares |
| RAYMOND JAMES FINANCIAL INC | $1,588,834 | 49,651 | 0.10% | Shares |
| Horizon Investments, LLC | $1,582,080 | 49,440 | 0.10% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $1,582,016 | 49,438 | 0.10% | Shares |
| Schonfeld Strategic Advisors LLC | $1,539,968 | 48,124 | 0.10% | Shares |
| CITADEL ADVISORS LLC | $1,462,400 | 45,700 | 0.10% | Put option |
| Savant Capital, LLC | $1,451,488 | 44,810 | 0.10% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $1,394,368 | 43,574 | 0.09% | Shares |
Company insiders 69 insiders · 51 officers · 23 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Todd S Nelson | President and CEO | March 25, 2026 S | 347,981 | 0 | 11 | $-12,523,894 |
| Andrew Hurst | President & CEO | Aug. 22, 2023 M | 352,641 | 0 | 0 | $0 |
| Scott W Steffey | CEO & President | Feb. 11, 2015 D | 41,000 | 0 | 0 | $0 |
| Steven H Lesnik | Pres, CEO, Chairman | March 4, 2013 A | 81,762 | 0 | 0 | $0 |
| Gary E Mccullough | Pres, CEO | Nov. 1, 2011 J | 158,926 | 0 | 0 | $0 |
| John M Larson | Chairman, President and CEO | May 18, 2006 A | 150,056 | 0 | 0 | $0 |
| Ashish R Ghia | CFO | March 25, 2026 S | 144,602 | 0 | 3 | $-1,577,550 |
| Andrew J Cederoth | SVP and CFO | June 14, 2017 M | 20,476 | 0 | 0 | $0 |
| Reid E Simpson | SVP, CFO | March 6, 2015 A | 97,176 | 0 | 0 | $0 |
| Colleen M O'Sullivan | SVP, CFO | May 19, 2014 F | 74,554 | 0 | 0 | $0 |
| Patrick K Pesch | Exec. VP and CFO | March 19, 2007 A | 56,100 | 0 | 0 | $0 |
| Stephen C Fireng | Group President | March 19, 2007 A | 21,705 | 0 | 0 | $0 |
| Michele A Peppers | Principal Accounting Officer | May 13, 2026 S | 35,748 | 0 | 1 | $-483,000 |
| Julia A. Leeman | SVP - Campus Operations | May 12, 2026 S | 21,924 | 0 | 1 | $-401,796 |
| Greg E. Jansen | SVP, General Counsel | April 6, 2026 S | 82,970 | 0 | 1 | $-1,146,004 |
| Sunitha Araamudhu | SVP - AIUS | March 14, 2026 M | 48,257 | 0 | 0 | $0 |
| Elise Baskel | SVP, CTU | March 14, 2026 M | 83,290 | 0 | 1 | $-742,420 |
| David C. Czeszewski | SVP, CIO | March 14, 2026 M | 74,983 | 0 | 2 | $-1,188,413 |
| John Robert Kline | SVP, AIU | March 14, 2026 M | 89,529 | 0 | 0 | $0 |
| Jeffrey David Ayers | SVP, General Counsel | March 14, 2022 F | 82,442 | 0 | 0 | $0 |
| Jeffrey R Cooper | SVP, Chief Compliance Officer | March 14, 2016 M | 44,239 | 0 | 0 | $0 |
| Jason T Friesen | SVP | Oct. 24, 2015 F | 51,138 | 0 | 0 | $0 |
| Lysa A Hlavinka | SVP | June 14, 2015 M | 31,053 | 0 | 0 | $0 |
| Diane Auer Jones | SVP, Chief Ext Affairs Officer | March 10, 2015 D | 0 | 0 | 0 | $0 |
| Jennifer Campe | SVP, Chief HR Officer | Nov. 4, 2014 D | 8,920 | 0 | 0 | $0 |
| Catherine Lespine | Dir Gen Inseec Group | Dec. 3, 2013 D | 15,174 | 0 | 0 | $0 |
| Manoj Govind Kulkarni | SVP | June 3, 2013 D | 13,115 | 0 | 0 | $0 |
| Colon S. Mclean | SVP | March 16, 2013 D | 10,842 | 0 | 0 | $0 |
| Teresa Cotton Santos | SVP | March 4, 2013 A | 12,000 | 0 | 0 | $0 |
| Anthony Mitchell | SVP | March 4, 2013 A | 26,299 | 0 | 0 | $0 |
| Daniel J. Hurdle | SVP | March 4, 2013 A | 20,116 | 0 | 0 | $0 |
| Michael J Graham | EVP | Sept. 15, 2012 D | 33,967 | 0 | 0 | $0 |
| Jeremy J Wheaton | SVP | July 17, 2012 D | 4,862 | 0 | 0 | $0 |
| Erik Ian Parks | SVP | March 14, 2012 F | 11,136 | 0 | 0 | $0 |
| Stephen Tober | SVP | March 9, 2012 D | 5,576 | 0 | 0 | $0 |
| Thomas A. Mcnamara | SVP | Oct. 29, 2011 J | 7,023 | 0 | 0 | $0 |
| Brian R. Williams | SVP | Oct. 4, 2011 J | 9,150 | 0 | 0 | $0 |
| George K Grayeb | SVP | April 1, 2011 J | 12,033 | 0 | 0 | $0 |
| Thomas G Budlong | SVP | March 14, 2011 A | 67,425 | 0 | 0 | $0 |
| Deborah Lenart | SVP | Nov. 6, 2010 J | 20,736 | 0 | 0 | $0 |
| Donna L Gray | SVP | July 6, 2010 J | 4,510 | 0 | 0 | $0 |
| Leonard A Mariani | Senior VP | June 1, 2009 J | 19,928 | 0 | 0 | $0 |
| Ty Roberts | SVP of Art & Design | March 13, 2008 A | 22,700 | 0 | 0 | $0 |
| Paul Richard Ryan | SVP of Culinary | March 13, 2008 A | 44,093 | 0 | 0 | $0 |
| Todd H Steele | SVP of Int'l and Bus. Dev. | March 13, 2008 A | 73,901 | 0 | 0 | $0 |
| Steve B Sotraidis | Executive VP Admin. | Dec. 21, 2006 M | 14,172 | 0 | 0 | $0 |
| Jacob P Gruver | Pres., Acad. & College Div. | Dec. 21, 2006 M | 15,461 | 0 | 0 | $0 |
| Janice L Block | Sr VP, Gen Counsel, Corp.Sec. | May 18, 2006 A | 7,500 | 0 | 0 | $0 |
| Kenneth D Shore | Pres., Gibbs Division | May 18, 2006 A | 3,369 | 0 | 0 | $0 |
| Nick Fluge | Pres., Online Education Group | May 28, 2004 S | 8,738 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 27 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 |
|---|---|---|---|---|---|
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 18, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | April 23, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 23, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 11, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Jan. 20, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 9, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 15, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 21, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 14, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | April 16, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 13, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 6, 2013 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 17, 2012 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | April 3, 2012 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 28, 2012 | — | Initial filing | Passive investment | 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 86 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 |
|---|---|---|---|---|
| PSL · Invesco Exchange-Traded Fund Trust | 1.42% | 35,420 SH | Aug. 8, 2026 | Daily |
| SIXS · EXCHANGE TRADED CONCEPTS TRUST | 1.07% | 42,022 NS | May 31, 2026 | N-PORT |
| ROSC · Lattice Strategies Trust | 0.88% | 14,184 NS | April 30, 2026 | N-PORT |
| RFDA · ALPS ETF Trust | 0.86% | 23,156 NS | May 31, 2026 | N-PORT |
| SYLD · Cambria ETF Trust | 0.86% | 242,335 NS | April 30, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.85% | 209,222 NS | April 30, 2026 | N-PORT |
| SCOW · Pacer Funds Trust | 0.85% | 386 NS | April 30, 2026 | N-PORT |
| DEEP · ETF Series Solutions | 0.84% | 6,797 NS | May 31, 2026 | N-PORT |
| VAMO · Cambria ETF Trust | 0.77% | 18,962 NS | April 30, 2026 | N-PORT |
| PSCD · Invesco Exchange-Traded Fund Trust … | 0.76% | 5,487 SH | Aug. 8, 2026 | Daily |
| CAFG · Pacer Funds Trust | 0.69% | 4,582 NS | April 30, 2026 | N-PORT |
| CVY · Invesco Exchange-Traded Fund Trust | 0.64% | 23,346 SH | Aug. 8, 2026 | Daily |
| SAWS · ETF Series Solutions | 0.57% | 1,187 NS | April 30, 2026 | N-PORT |
| XSHQ · Invesco Exchange-Traded Fund Trust … | 0.41% | 39,062 SH | Aug. 8, 2026 | Daily |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.41% | 23,742 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.34% | 10,203 NS | May 31, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.29% | 24,309 SH | Aug. 8, 2026 | Daily |
| MILN · Global X Funds | 0.27% | 8,019 NS | May 31, 2026 | N-PORT |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.24% | 42,233 NS | April 30, 2026 | N-PORT |
| CALF · Pacer Funds Trust | 0.23% | 236,725 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.22% | 1,808,696 NS | May 31, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.22% | 11,672 NS | April 30, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.21% | 7,920 NS | April 30, 2026 | N-PORT |
| SMLF · iShares Trust | 0.21% | 278,255 SH | Aug. 8, 2026 | Daily |
| BFOR · ALPS ETF Trust | 0.21% | 13,758 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.17% | 147,372 NS | May 31, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.16% | 55,823 NS | April 30, 2026 | N-PORT |
| GMOV · GMO ETF Trust | 0.14% | 3,887 NS | May 31, 2026 | N-PORT |
| SMMV · iShares Trust | 0.14% | 12,399 SH | Aug. 8, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.14% | 457 NS | April 30, 2026 | N-PORT |
| IJT · iShares Trust | 0.13% | 343,099 SH | Aug. 8, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.13% | 45,602 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.13% | 55,377 SH | Aug. 8, 2026 | Daily |
| IWN · iShares Trust | 0.13% | 562,035 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.12% | 485,274 NS | April 30, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.12% | 27,169 SH | Aug. 8, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.12% | 8,873 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.12% | 256,558 NS | April 30, 2026 | N-PORT |
| XJR · iShares Trust | 0.11% | 6,508 SH | Aug. 8, 2026 | Daily |
| FSMD · FIDELITY COVINGTON TRUST | 0.11% | 77,971 NS | April 30, 2026 | N-PORT |
| IJR · iShares Trust | 0.10% | 3,516,935 SH | Aug. 8, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.10% | 14,678 SH | Aug. 8, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.10% | 206,387 SH | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.10% | 29,672 NS | May 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.09% | 80,816 SH | Aug. 8, 2026 | Daily |
| VCR · VANGUARD WORLD FUND | 0.09% | 187,579 SH | Aug. 8, 2026 | Daily |
| SAA · ProShares Trust | 0.09% | 723 NS | May 31, 2026 | N-PORT |
| FDIS · FIDELITY COVINGTON TRUST | 0.08% | 40,810 NS | April 30, 2026 | N-PORT |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.07% | 43,774 SH | Aug. 8, 2026 | Daily |
| IJS · iShares Trust | 0.07% | 177,179 SH | Aug. 8, 2026 | Daily |