GCM Grosvenor (GCMG)
Market Price (2/5/2026): $10.48 | Market Cap: $561.6 MilSector: Financials | Industry: Asset Management & Custody Banks
GCM Grosvenor (GCMG)
Market Price (2/5/2026): $10.48Market Cap: $561.6 MilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%, FCF Yield is 33% | Weak multi-year price returns2Y Excs Rtn is -11%, 3Y Excs Rtn is -36% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34% | Key risksGCMG key risks include [1] adverse market and economic conditions, Show more. | |
| Low stock price volatilityVol 12M is 22% | ||
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%, FCF Yield is 33% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34% |
| Low stock price volatilityVol 12M is 22% |
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Equity, Private Credit, and Venture Capital. |
| Weak multi-year price returns2Y Excs Rtn is -11%, 3Y Excs Rtn is -36% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53% |
| Key risksGCMG key risks include [1] adverse market and economic conditions, Show more. |
Qualitative Assessment
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GCM Grosvenor (GCMG) stock has lost about 10% since 10/31/2025 because of the following key factors:
1. Muted Investment Environment and Reduced Net Incentive Fees: A financial report indicated GCM Grosvenor's non-GAAP EPS of $0.18 fell short of expectations due to reduced net incentive fees, signaling concerns about a subdued investment environment for the latter part of 2025 and into 2026.
2. Pressure from Revisions to Fee Structures: Revisions to fee structures, particularly within the alternatives management sector, have suggested ongoing pressure on the firm's financial performance.
Show more
1. Muted Investment Environment and Reduced Net Incentive Fees: A financial report indicated GCM Grosvenor's non-GAAP EPS of $0.18 fell short of expectations due to reduced net incentive fees, signaling concerns about a subdued investment environment for the latter part of 2025 and into 2026.
2. Pressure from Revisions to Fee Structures: Revisions to fee structures, particularly within the alternatives management sector, have suggested ongoing pressure on the firm's financial performance.
Show more
Stock Movement Drivers
Fundamental Drivers
The -7.7% change in GCMG stock from 10/31/2025 to 2/4/2026 was primarily driven by a -21.2% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.38 | 10.51 | -7.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 544 | 558 | 2.6% |
| Net Income Margin (%) | 5.1% | 6.1% | 19.8% |
| P/E Multiple | 21.0 | 16.6 | -21.2% |
| Shares Outstanding (Mil) | 51 | 54 | -4.7% |
| Cumulative Contribution | -7.7% |
Market Drivers
10/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| GCMG | -7.7% | |
| Market (SPY) | 0.6% | 35.8% |
| Sector (XLF) | 3.0% | 51.7% |
Fundamental Drivers
The -9.1% change in GCMG stock from 7/31/2025 to 2/4/2026 was primarily driven by a -46.5% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.56 | 10.51 | -9.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 537 | 558 | 3.9% |
| Net Income Margin (%) | 3.2% | 6.1% | 92.2% |
| P/E Multiple | 31.0 | 16.6 | -46.5% |
| Shares Outstanding (Mil) | 46 | 54 | -14.9% |
| Cumulative Contribution | -9.1% |
Market Drivers
7/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| GCMG | -9.1% | |
| Market (SPY) | 8.9% | 32.7% |
| Sector (XLF) | 3.4% | 42.8% |
Fundamental Drivers
The -19.4% change in GCMG stock from 1/31/2025 to 2/4/2026 was primarily driven by a -59.7% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.04 | 10.51 | -19.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 469 | 558 | 19.0% |
| Net Income Margin (%) | 3.1% | 6.1% | 99.4% |
| P/E Multiple | 41.1 | 16.6 | -59.7% |
| Shares Outstanding (Mil) | 45 | 54 | -15.7% |
| Cumulative Contribution | -19.4% |
Market Drivers
1/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| GCMG | -19.4% | |
| Market (SPY) | 15.0% | 48.2% |
| Sector (XLF) | 5.9% | 53.6% |
Fundamental Drivers
The 34.5% change in GCMG stock from 1/31/2023 to 2/4/2026 was primarily driven by a 44.4% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.82 | 10.51 | 34.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 553 | 558 | 0.9% |
| Net Income Margin (%) | 5.4% | 6.1% | 13.6% |
| P/E Multiple | 11.5 | 16.6 | 44.4% |
| Shares Outstanding (Mil) | 44 | 54 | -18.8% |
| Cumulative Contribution | 34.5% |
Market Drivers
1/31/2023 to 2/4/2026| Return | Correlation | |
|---|---|---|
| GCMG | 34.5% | |
| Market (SPY) | 75.1% | 41.7% |
| Sector (XLF) | 54.3% | 46.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GCMG Return | -19% | -24% | 25% | 43% | -4% | -6% | -2% |
| Peers Return | 80% | -29% | 67% | 55% | -4% | -13% | 180% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| GCMG Win Rate | 33% | 58% | 67% | 50% | 50% | 0% | |
| Peers Win Rate | 72% | 42% | 67% | 73% | 50% | 0% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| GCMG Max Drawdown | -25% | -37% | -9% | -7% | -12% | -6% | |
| Peers Max Drawdown | -5% | -41% | -5% | -5% | -33% | -13% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BX, KKR, APO, ARES, CG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/4/2026 (YTD)
How Low Can It Go
| Event | GCMG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -52.6% | -25.4% |
| % Gain to Breakeven | 111.2% | 34.1% |
| Time to Breakeven | 966 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -15.6% | -33.9% |
| % Gain to Breakeven | 18.5% | 51.3% |
| Time to Breakeven | 10 days | 148 days |
Compare to BX, KKR, APO, ARES, CG
In The Past
GCM Grosvenor's stock fell -52.6% during the 2022 Inflation Shock from a high on 1/26/2021. A -52.6% loss requires a 111.2% gain to breakeven.
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About GCM Grosvenor (GCMG)
Grosvenor Capital Management, L.P. is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities. The firm invests in equity and alternative investment markets of the United States and internationally. The firm invests in multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialty portfolios. It focuses in hedge fund asset classes, private equity, real estate, and/or infrastructure, credit and absolute return strategies. It also focuses in primary fund investments, secondary fund investments, and co-investments with a focus on buyout, distressed debt, mezzanine, venture capital/growth equity investments. The firm seeks to make regionally-focused investments in middle-market buyout. It prefers to invest in aerospace and defense, advanced electronics, information technology, biosciences, and advanced materials. It focuses on Ohio and the Midwest region. The firm employs fundamental and quantitative analysis. Grosvenor Capital Management, L.P. was founded in 1971 and is based in Chicago, Illinois with additional offices in North America, Asia and Europe.
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1. Like Blackstone for institutional investors seeking diversified and customized portfolios of alternative assets (private equity, real estate, credit, etc.).
2. The KKR or Carlyle Group of multi-manager alternative investment solutions, helping sophisticated clients access various private market strategies.
3. If BlackRock manages traditional public market investments, GCM Grosvenor is its counterpart for sophisticated alternative assets like private equity and private real estate.
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- Private Markets Investments: Provides access to and manages capital allocations across private equity, infrastructure, real estate, and other illiquid alternative asset classes.
- Absolute Return Strategies: Offers investment solutions focused on hedge funds and other strategies designed to generate returns with lower correlation to traditional markets.
- Multi-Asset Class Solutions: Constructs and manages customized, diversified portfolios for clients by combining various alternative investment strategies.
- Co-investments & Secondaries: Facilitates direct investment alongside general partners in specific deals and acquires existing interests in private market funds.
- Impact Investments: Manages investment strategies specifically designed to generate measurable positive social and environmental impact alongside financial returns.
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GCM Grosvenor (GCMG) is a global alternative asset management firm. Due to the nature of its business, which involves managing investments across various alternative asset classes (such as private equity, infrastructure, real estate, and absolute return strategies) for sophisticated clients, it primarily serves large institutional investors and high-net-worth individuals rather than selling products or services to specific public or private companies in a traditional customer relationship.
Therefore, GCM Grosvenor's customer base is best described by the following categories:
- Institutional Investors: This broad and primary category includes a wide range of organizations such as public and corporate pension funds, university endowments, charitable foundations, sovereign wealth funds, and insurance companies. These institutions partner with GCM Grosvenor to allocate capital to diversified alternative investment strategies.
- Ultra-High-Net-Worth Individuals (UHNWIs): Highly affluent individuals who invest directly or through their personal investment vehicles to gain exposure to sophisticated alternative investment opportunities.
- Family Offices: Private companies established to manage the wealth, investments, and other financial affairs for a single affluent family. These offices often seek specialized alternative investment solutions for their client families' portfolios.
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Michael J. Sacks, Board Chairman and Chief Executive Officer
Mr. Sacks joined GCM Grosvenor in 1990 and was named CEO in 1994, leading the firm's growth to become one of the largest open architecture alternative asset management platforms. He holds a Bachelor of Science in Economics from Tulane University, a general course certificate from the London School of Economics, a Master of Business Administration from Northwestern University's Kellogg School of Management, and a Juris Doctor from Northwestern University's Pritzker School of Law. Mr. Sacks is also engaged civically, serving on a number of nonprofit boards.
Pamela Bentley, Chief Financial Officer
Ms. Bentley was appointed Managing Director of Finance effective October and Chief Financial Officer effective January 1, 2021. She is a Certified Public Accountant (CPA).
Jonathan R. Levin, President
Mr. Levin joined GCM Grosvenor in 2011, became its President in 2017, and has served as a member of its Board since November 2020. He serves on a number of the firm's Investment Committees. Prior to joining GCM Grosvenor, Mr. Levin was the Treasurer and Head of Investor Relations at Kohlberg Kravis Roberts & Co. (KKR) from 2004 to 2011, where he was responsible for managing KKR's balance sheet investments and engaging with public investors and industry analysts. He also worked in KKR's private equity business and began his career as an Analyst in the private equity group of Bear Stearns.
Frederick Pollock, Chief Investment Officer
Mr. Pollock is responsible for managing all investment-related activities for GCM Grosvenor. He is a leader in co-investment and direct investing within the firm's credit strategies and serves on all of its Investment Committees. Before joining GCM Grosvenor, Mr. Pollock held various roles at Morgan Stanley, most recently within its merchant banking division, specializing in infrastructure investing.
Paul A. Meister, Vice Chairman
Mr. Meister serves as the firm's Vice Chairman and chairs its Operations Committee. Previously, Mr. Meister was an Associate with the Chicago law firm of Barack, Ferrazzano, Kirschbaum & Perlman, and for a period from 1989 to 1990, he managed the real estate operations for a retail company.
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The key risks to GCM Grosvenor's business (GCMG) primarily revolve around its nature as an alternative asset management firm, deeply intertwined with global financial markets and the competitive landscape.
- Market, Geopolitical, and Economic Conditions: GCM Grosvenor's financial performance and the value of its investments are highly susceptible to fluctuations in market, geopolitical, and broader economic conditions. These factors can include interest rate changes, commodity price volatility, and general economic uncertainty, all of which can materially and adversely affect the value of the firm's investments and overall business operations.
- Performance of Investments and Client Redemptions: A fundamental risk for GCM Grosvenor is the performance of its investments. There is no assurance that any investment will achieve its objectives or avoid losses, and past performance is not indicative of future results. Suboptimal investment performance can lead to client redemptions and the termination of engagements, directly impacting the firm's assets under management (AUM) and, consequently, its revenues and profitability.
- Competition in the Alternative Asset Management Industry: GCM Grosvenor operates in a highly competitive alternative asset management industry. The firm faces competition from a diverse range of market participants, including other alternative asset managers, traditional asset managers, and various financial institutions. Intense competition can impact GCM Grosvenor's ability to attract and retain clients, secure suitable investment opportunities, and maintain fee levels, thereby affecting its AUM growth and profitability.
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GCM Grosvenor (symbol: GCMG) operates as a global alternative asset management firm offering various investment strategies. The addressable markets for its main products and services are sized as follows:
- Hedge Fund Strategies (Absolute Return Strategies): The global hedge fund market size was valued at approximately USD 5.3 trillion in 2024. This market is projected to see significant growth, with the North American segment alone expected to exceed USD 3.3 trillion by 2034.
- Private Equity: The global private equity market was valued at USD 540.72 billion in 2024. It is projected to grow substantially, reaching approximately USD 1,349.95 billion by 2034.
- Real Estate (Consulting/Advisory Services): The global real estate consulting service market size was valued at USD 75.4 billion in 2023. This market is projected to reach USD 125.7 billion by 2032.
- Infrastructure (Asset Management): The global infrastructure asset management market size was estimated at USD 34.55 billion in 2023. This market is expected to grow to USD 63.82 billion by 2030.
- Credit (Private Credit): The global private credit market reached US$3 trillion in assets under management (AUM) as of a November 2024 report. This market is estimated to grow to approximately US$5 trillion by 2029.
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GCM Grosvenor (symbol: GCMG) is expected to drive future revenue growth over the next two to three years through several key strategies and market dynamics:
- Growth in Assets Under Management (AUM) and Fee-Paying AUM (FPAUM) driven by strong fundraising: GCM Grosvenor has demonstrated significant momentum in attracting new capital. The company achieved a record $87 billion in Assets Under Management (AUM), representing a 9% increase from the end of Q3 2024. Fee-paying AUM (FPAUM) also grew by 10% year-over-year to $70.2 billion as of Q3 2025. This growth is directly fueled by record fundraising, with $9.5 billion raised over the trailing twelve months, marking the highest such period on record. Year-to-date fundraising for 2025 reached $7.2 billion, a 49% increase compared to the prior year.
- Conversion of Contracted Not Yet Fee-Paying AUM: The firm's revenue growth is also supported by a substantial pipeline of contracted not yet fee-paying AUM (CNYFPAUM), which stood at $9.2 billion as of Q3 2025, a 17% increase year-over-year. This capital is expected to convert into fee-paying AUM over the coming years, providing a foundation for sustained organic revenue growth.
- Strategic Shift Towards Private Markets and Direct-Oriented Investments: GCM Grosvenor has strategically rebalanced its business mix towards private markets, which now constitute 71% of its total AUM, up from 59% in 2020. Within private markets, the company has increased its focus on direct-oriented strategies, which now account for 53% of private markets AUM, a rise from 39% in 2020. This strategic shift is designed to enhance management fees and capitalize on higher carried interest potential.
- Expansion into Individual Investor Channels and New Product Development: The company is actively expanding its reach into the individual investor channel, which currently accounts for approximately $4 billion in AUM. This expansion is supported by partnerships, such as with Grove Lane, to cultivate relationships with Registered Investment Advisors (RIAs). GCM Grosvenor is also developing new products for individual investors, including infrastructure interval funds and private equity offerings, and is preparing to launch the fourth vintage of its Diversified Infrastructure Strategies fund, aiming to capture new market segments.
- Increased Carried Interest Potential from Strong Investment Performance: GCM Grosvenor's strong investment performance across its strategies is building significant unrealized carried interest, which translates into future revenue. The gross unrealized carried interest balance reached an all-time high of over $940 million as of Q3 2025. The firm's Absolute Return Strategies (ARS) have also contributed with a robust multi-strategy composite delivering a 14.2% gross rate of return over the last 12 months, leading to a 6% year-over-year increase in ARS management fees in Q3 2025.
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Share Repurchases
- As of September 30, 2025, GCM Grosvenor had a total share repurchase plan authorization of $220 million.
- In August 2025, the Board of Directors increased the existing share repurchase authorization by $30 million, from $190 million to $220 million. This followed an increase of $50 million in February 2025, raising the authorization from $140 million to $190 million.
- The company repurchased $1.1 million of Class A common stock during the second quarter of 2023. For the nine months ended September 30, 2025, $25.7 million was spent to reduce Class A shares to be issued to employees.
Share Issuance
- GCM Grosvenor became a publicly traded company on November 18, 2020, through a merger with CF Finance Acquisition Corp., which involved the issuance of Class A common stock and warrants.
- The company issues shares as part of stock-based compensation.
Inbound Investments
- Year-to-date fundraising increased by 49% year-over-year as of the third quarter of 2025, with $7.2 billion raised in 2025. Over the last twelve months (ending Q3 2025), $9.5 billion was raised, marking the highest trailing 12-month fundraising period on record.
- In February 2025, GCM Grosvenor closed its third co-investment fund, GCM Grosvenor Co-Investment Opportunities Fund III, at approximately $615 million.
- In April 2025, the firm raised $1.3 billion for its second North American infrastructure fund, Infrastructure Advantage Fund II, surpassing the $893 million raised for its predecessor in 2020. Additionally, in January 2025, GCM Grosvenor secured $800 million in total capital commitments for its GCM Grosvenor Elevate Fund I, which focuses on emerging private equity managers.
Outbound Investments
- GCM Grosvenor acquired a significant ownership stake in Horizon, an Ohio-based fiber-optic infrastructure company, in August 2021, through its Labor Impact Strategy.
- On October 6, 2025, GCM Grosvenor Inc. acquired an unknown minority stake in Matter Real Estate LLP from Black Lion Group AG as a "GP Stakes" deal.
- The GCM Grosvenor Elevate Fund I has deployed capital in Excolere Equity Partners (October 2023) and Invidia Capital Management (May 2024), targeting small and emerging private equity firms.
Capital Expenditures
- GCM Grosvenor's capital expenditures were $1 million in 2020, $1 million in 2021, $1 million in 2022, $4 million in 2023, and $17 million in 2024.
- For the last twelve months, capital expenditures were -$5.06 million.
- Projected capital expenditures are $5 million for 2025, $6 million for 2026, and $6 million for 2027.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| GCM Grosvenor Earnings Notes | 12/16/2025 | |
| How Low Can GCM Grosvenor Stock Really Go? | 10/17/2025 | |
| GCM Grosvenor Total Shareholder Return (TSR): 47.2% in 2024 and 15.6% 3-yr compounded annual returns (above peer average) | 03/07/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 118.78 |
| Mkt Cap | 54.2 |
| Rev LTM | 8,366 |
| Op Inc LTM | 670 |
| FCF LTM | 3,112 |
| FCF 3Y Avg | 2,563 |
| CFO LTM | 3,165 |
| CFO 3Y Avg | 2,667 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 20.4% |
| Rev Chg 3Y Avg | 12.6% |
| Rev Chg Q | 13.4% |
| QoQ Delta Rev Chg LTM | 3.6% |
| Op Mgn LTM | 21.3% |
| Op Mgn 3Y Avg | 17.2% |
| QoQ Delta Op Mgn LTM | 2.0% |
| CFO/Rev LTM | 32.3% |
| CFO/Rev 3Y Avg | 23.2% |
| FCF/Rev LTM | 31.3% |
| FCF/Rev 3Y Avg | 22.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 54.2 |
| P/S | 5.6 |
| P/EBIT | 10.6 |
| P/E | 35.3 |
| P/CFO | 12.2 |
| Total Yield | 7.3% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 4.4% |
| D/E | 0.5 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -14.2% |
| 3M Rtn | -7.7% |
| 6M Rtn | -14.4% |
| 12M Rtn | -19.1% |
| 3Y Rtn | 74.3% |
| 1M Excs Rtn | -13.9% |
| 3M Excs Rtn | -7.7% |
| 6M Excs Rtn | -23.9% |
| 12M Excs Rtn | -34.6% |
| 3Y Excs Rtn | 12.7% |
Price Behavior
Price Behavior
| Market Price | $10.51 | |
| Market Cap ($ Bil) | 0.6 | |
| First Trading Date | 02/05/2019 | |
| Distance from 52W High | -24.4% | |
| 50 Days | 200 Days | |
| DMA Price | $11.33 | $11.79 |
| DMA Trend | down | indeterminate |
| Distance from DMA | -7.2% | -10.8% |
| 3M | 1YR | |
| Volatility | 27.0% | 22.2% |
| Downside Capture | 113.55 | 80.61 |
| Upside Capture | 52.16 | 46.92 |
| Correlation (SPY) | 36.3% | 48.0% |
GCMG Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.81 | 0.60 | 0.65 | 0.56 | 0.54 | 0.62 |
| Up Beta | 3.46 | 2.42 | 0.81 | 0.98 | 0.46 | 0.52 |
| Down Beta | 0.18 | 0.30 | 0.67 | 0.68 | 0.56 | 0.61 |
| Up Capture | 53% | 61% | 52% | 25% | 35% | 38% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 24 | 30 | 57 | 113 | 374 |
| Down Capture | 75% | 18% | 64% | 48% | 79% | 88% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 9 | 15 | 27 | 58 | 125 | 341 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GCMG | |
|---|---|---|---|---|
| GCMG | -18.9% | 22.2% | -1.02 | - |
| Sector ETF (XLF) | 6.4% | 19.1% | 0.20 | 53.6% |
| Equity (SPY) | 15.9% | 19.2% | 0.64 | 48.1% |
| Gold (GLD) | 76.1% | 24.5% | 2.27 | -3.8% |
| Commodities (DBC) | 9.3% | 16.5% | 0.36 | 6.2% |
| Real Estate (VNQ) | 4.6% | 16.5% | 0.10 | 42.5% |
| Bitcoin (BTCUSD) | -24.7% | 40.5% | -0.60 | 26.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GCMG | |
|---|---|---|---|---|
| GCMG | 0.0% | 25.6% | -0.00 | - |
| Sector ETF (XLF) | 14.7% | 18.7% | 0.64 | 44.2% |
| Equity (SPY) | 14.2% | 17.0% | 0.66 | 44.0% |
| Gold (GLD) | 21.5% | 16.8% | 1.04 | 4.4% |
| Commodities (DBC) | 12.1% | 18.9% | 0.52 | 7.0% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 38.5% |
| Bitcoin (BTCUSD) | 18.0% | 57.4% | 0.52 | 15.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GCMG | |
|---|---|---|---|---|
| GCMG | 2.9% | 24.5% | 0.17 | - |
| Sector ETF (XLF) | 14.2% | 22.2% | 0.59 | 28.5% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 30.4% |
| Gold (GLD) | 15.6% | 15.5% | 0.84 | 3.2% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 7.1% |
| Real Estate (VNQ) | 5.9% | 20.8% | 0.25 | 26.1% |
| Bitcoin (BTCUSD) | 69.3% | 66.5% | 1.09 | 11.1% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | 1.2% | 1.3% | -5.1% |
| 8/7/2025 | 2.0% | 10.4% | 9.4% |
| 5/7/2025 | 0.0% | -0.6% | -0.7% |
| 2/10/2025 | 3.8% | 2.1% | -6.0% |
| 11/8/2024 | -2.3% | -4.4% | 1.1% |
| 8/8/2024 | -1.2% | 3.2% | 3.8% |
| 5/7/2024 | 0.2% | -2.6% | 3.8% |
| 2/13/2024 | -2.1% | -4.2% | 0.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 10 |
| # Negative | 10 | 9 | 11 |
| Median Positive | 2.0% | 4.2% | 3.8% |
| Median Negative | -2.0% | -4.2% | -6.0% |
| Max Positive | 7.5% | 10.4% | 14.6% |
| Max Negative | -5.6% | -11.4% | -17.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/01/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bentley, Pamela L | Chief Financial Officer | Direct | Sell | 12182025 | 11.61 | 40,000 | 464,432 | 502,852 | Form |
| 2 | Bentley, Pamela L | Chief Financial Officer | Direct | Sell | 12182025 | 11.62 | 40,000 | 464,976 | 38,465 | Form |
| 3 | Lutnick, Howard W | See Footnotes | Sell | 10062025 | 0.00 | 6,451,535 | Form | |||
| 4 | Sullivan, Kathleen Patricia | Principal Accounting Officer | Direct | Sell | 8132025 | 13.02 | 6,000 | 78,124 | 783,775 | Form |
| 5 | Blanton, Angela | Direct | Sell | 6032025 | 12.65 | 13,902 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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