Pershing Square (PS)
Market Price (9/30/2026): $56.165 | Market Cap: $22.5 BilSector: Financials | Industry: Asset Management & Custody Banks
Pershing Square (PS)
Market Price (9/30/2026): $56.165Market Cap: $22.5 BilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25% Expensive valuation multiplesP/SPrice/Sales ratio is 109x Stock price has recently run up significantly6M Rtn6 month market price return is 145%, 12M Rtn12 month market price return is 145% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -37% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.6% High stock price volatilityVol 12M is 104% Key risksPS key risks include [1] significant financial distress and a potential creditor-led restructuring stemming from an unsustainable debt load incurred during its 2021 leveraged buyout. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 109x |
| Stock price has recently run up significantly6M Rtn6 month market price return is 145%, 12M Rtn12 month market price return is 145% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -37% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.6% |
| High stock price volatilityVol 12M is 104% |
| Key risksPS key risks include [1] significant financial distress and a potential creditor-led restructuring stemming from an unsustainable debt load incurred during its 2021 leveraged buyout. |
Qualitative Assessment
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Pershing Square (PS) stock has gained about 35% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Performance. Pershing Square Inc. reported robust financial results for its fiscal Q2 2026, which ended on June 30, 2026. The company announced earnings per share of $0.14, surpassing analyst consensus estimates of $0.12. During this period, its fee-paying assets under management (AUM) significantly increased by $4.6 billion, reaching approximately $23 billion.
2. Initiation of Quarterly Cash Dividend. On July 2, 2026, Pershing Square Inc. declared its first-ever quarterly cash dividend of $0.122 per share for fiscal Q3 2026, payable on July 21, 2026. This marked the initial dividend distribution since the company's public listing in April 2026, signaling a commitment to shareholder returns.
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Pershing Square (PS) stock has gained about 35% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Performance. Pershing Square Inc. reported robust financial results for its fiscal Q2 2026, which ended on June 30, 2026. The company announced earnings per share of $0.14, surpassing analyst consensus estimates of $0.12. During this period, its fee-paying assets under management (AUM) significantly increased by $4.6 billion, reaching approximately $23 billion.
2. Initiation of Quarterly Cash Dividend. On July 2, 2026, Pershing Square Inc. declared its first-ever quarterly cash dividend of $0.122 per share for fiscal Q3 2026, payable on July 21, 2026. This marked the initial dividend distribution since the company's public listing in April 2026, signaling a commitment to shareholder returns.
3. Strategic Expansion into Venture Capital. Pershing Square Inc. revealed plans to launch Pershing Square Ventures (PSV) by the end of 2026, aiming to tap into venture capital opportunities, including early-stage and pre-IPO companies. As part of this initiative, the company allocated $30 million from its revolving credit facility in August 2026 to fund initial seed investments, broadening its permanent-capital platform and future fee generation potential.
4. Sustained Benefits from Public Listing. The company's public listing in April 2026 as Pershing Square Inc. (PS), alongside the launch of Pershing Square USA (PSUS), a new U.S.-listed closed-end fund, raised $5 billion in combined offerings. This foundational move established a new public equity structure and provided ongoing management fees to Pershing Square Inc. as the asset manager, contributing to increased investor interest throughout the specified period.
5. Significant Insider Investment by CEO. William Ackman, CEO of Pershing Square, demonstrated strong confidence in the company's outlook by purchasing 1,682,929 shares of Pershing Square Inc. on May 5, 2026, for a total value exceeding $19 million. This substantial insider buying shortly before the analysis period likely bolstered investor sentiment.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/29/2026| Return | Correlation | |
|---|---|---|
| PS | 35.8% | |
| Market (SPY) | 1.3% | 33.6% |
| Sector (XLF) | 5.1% | 13.4% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/29/2026| Return | Correlation | |
|---|---|---|
| PS | ||
| Market (SPY) | 12.0% | 24.8% |
| Sector (XLF) | 5.9% | 3.2% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/29/2026| Return | Correlation | |
|---|---|---|
| PS | ||
| Market (SPY) | 19.8% | 24.8% |
| Sector (XLF) | 1.6% | 3.2% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/29/2026| Return | Correlation | |
|---|---|---|
| PS | ||
| Market (SPY) | 76.1% | 24.8% |
| Sector (XLF) | 64.7% | 3.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PS Return | - | - | - | - | - | 145% | 145% |
| Peers Return | 96% | -38% | 82% | 57% | -11% | -25% | 132% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| PS Win Rate | - | - | - | - | - | 83% | |
| Peers Win Rate | 75% | 38% | 67% | 79% | 50% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| PS Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -17% | -44% | -20% | -15% | -40% | -37% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BX, KKR.
[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 9/29/2026 (YTD)
How Low Can It Go
PS has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.8% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
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Asset Allocation
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PS has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Pershing Square (PS)
Pershing Square (PS) operates as an alternative asset management company specializing in managing pools of permanent capital, which are assets not subject to investor withdrawal. The company's primary focus is on long-term, high-return investment strategies. Unlike traditional fund managers who rely on continuous fundraising, Pershing Square's growth is largely organic, driven by the compounding returns of its existing permanent capital vehicles and the retention and reinvestment of assets. It employs a lean, unified investment strategy across its vehicles, enabling a highly scalable and profitable operating model.
The company generates predictable revenue primarily from management fees, typically 1.5% of net asset value annually, and a senior claim on performance fees. Specifically, Pershing Square retains the "Preferred Performance Fees," which represent the annual performance fees earned on the first five percentage points of return net of the management fee. Recently, Pershing Square has expanded its market reach with the launch of PSUS, its first permanent capital vehicle targeted at U.S. investors. A significant strategic development includes its role in transforming Howard Hughes Holdings (HHH) into a diversified holding company, incorporating ventures like the acquisition of Vantage Group Holdings, a specialty insurance and reinsurance company, where Pershing Square's affiliate is expected to serve as the investment manager. This move expands Pershing Square's services beyond direct fund management to include managing assets within operating companies.
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- It's like **Blackstone (BX)**, but with permanent, self-compounding capital instead of funds with fixed lifespans.
- Think of it as an **asset manager** that applies **Berkshire Hathaway's (BRK.A/B)** long-term compounding strategy, but for external investor capital.
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- Investment Management: Provides professional management of permanent capital through long-term, high-return investment strategies.
- Permanent Capital Investment Funds: Offers structured investment vehicles, such as PSUS, designed for investors seeking long-term exposure to their investment strategies with durable capital arrangements.
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Bill Ackman, Chief Executive Officer and Founder
Bill Ackman founded Pershing Square Capital Management in 2003. Prior to that, he co-founded and co-managed Gotham Partners Management Co., LLC in 1992, an investment adviser that managed public and private equity hedge fund portfolios. He began his career in real estate investment banking at Ackman Brothers & Singer, Inc. Ackman is known as an activist investor and also serves as the Executive Chairman of the Howard Hughes Holdings Inc. Board of Directors since May 2025.
Michael Gonnella, Chief Financial Officer
Michael Gonnella has served as the Chief Financial Officer of Pershing Square since March 2017. He joined the firm in 2005 and previously held the position of senior controller. Mr. Gonnella is also the Chief Financial Officer of Pershing Square SPARC Holdings, Ltd., and previously served as CFO of Pershing Square Tontine Holdings, Ltd. He is a certified public accountant.
Ben Hakim, President
Ben Hakim has served as the President of Pershing Square since June 2024, having joined the investment team in 2012. Before joining Pershing Square, he was a Senior Managing Director in the Mergers & Acquisitions group at Blackstone Inc. for 13 years. Mr. Hakim also previously served as President of Pershing Square Tontine Holdings, Ltd.
Ryan Israel, Chief Investment Officer
Ryan Israel has been the Chief Investment Officer of Pershing Square Capital Management since August 2022 and joined the investment team in 2009. Prior to his time at Pershing Square, Mr. Israel was an analyst in the Technology, Media and Telecom group at Goldman Sachs. He served as a director of Element Solutions Inc. from October 2013 through January 2019. He was also a key player in Pershing Square's investment in Burger King.
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- Investment Performance: Pershing Square's growth, fee-paying assets under management (AUM), revenues, and profits are primarily driven by the long-term compounding of its assets under management and the returns generated by its investment strategies. Poor investment performance would directly and significantly impact these metrics, including both management and performance fees. The company's ability to fully pay its Preferred Performance Fees is dependent on its funds achieving at least a 5% annual compound return net of management fees over the long term.
- Howard Hughes Holdings Inc. (HHH) Transformation and Vantage Acquisition Execution: Pershing Square has a significant interest in Howard Hughes Holdings Inc. (HHH) and intends to transform it into a diversified holding company, which is expected to drive its long-term growth. A key part of this strategy is HHH's agreement to acquire Vantage Group Holdings, Ltd. for approximately $2.1 billion, a transaction subject to customary regulatory approvals and closing conditions. The success of HHH's transformation, the integration and profitability of Vantage, and HHH's future ability to acquire and grow other operating companies are crucial to Pershing Square's strategic growth objectives.
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Here are 3-5 expected drivers of future revenue growth for Pershing Square (PS) over the next 2-3 years:
- Growth of Assets Under Management (AUM) through Long-Term Investment Returns: Pershing Square's business model is fundamentally driven by the long-term compounding of its permanent capital assets under management. Growth in Fee-Paying AUM is largely propelled by the long-term investment returns generated by its funds.
- Expansion of Permanent Capital Vehicles and New Market Penetration: The company's growth strategy includes the opportunistic launch of new permanent capital vehicles to pursue new investment verticals or expand into new jurisdictions. Specifically, the launch of PSUS, a new permanent capital vehicle marketed to U.S. investors, is expected to materially expand its permanent capital AUM.
- Transformation and Strategic Acquisitions by Howard Hughes Holdings Inc. (HHH): Pershing Square's increased stake in Howard Hughes Holdings Inc. (HHH) and its intention to transform HHH into a diversified holding company are significant growth drivers. This includes HHH's acquisition of Vantage Group Holdings, Ltd., a specialty insurance and reinsurance company, which closed in the second quarter of 2026. In connection with the Vantage acquisition, Pershing Square Capital Management (PSCM) is engaged as an investment manager for Vantage and its insurance subsidiaries, contributing directly to revenue. Additionally, HHH plans to acquire controlling ownership of other high-quality operating companies over time.
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Capital Allocation Decisions for Pershing Square (symbol: PS) over the Last 3-5 Years:
Share Repurchases
- As Pershing Square Inc. (PS) commenced trading on the NYSE on April 29, 2026, as part of a combined IPO, there is no significant history of share repurchases for this specific public entity during the last 3-5 years.
Share Issuance
- On April 29, 2026, Pershing Square Inc. (PS) initiated trading on the New York Stock Exchange as part of a combined initial public offering (IPO) with Pershing Square USA, Ltd. (PSUS).
- The combined offering successfully raised total gross proceeds of $5 billion, primarily for PSUS, and included a private placement component.
- Investors in the PSUS IPO received one share of Pershing Square Inc. (PS) common stock for every five PSUS shares purchased, without additional consideration, as Pershing Square Inc. itself did not receive any direct proceeds from this share issuance.
Outbound Investments
- On May 5, 2025, Pershing Square significantly increased its stake in Howard Hughes Holdings Inc. (HHH) by acquiring an additional 15% of its outstanding shares, bringing its total interest to 47%.
- Pershing Square played a key role in HHH's agreement on December 17, 2025, to acquire Vantage Group Holdings, Ltd. for approximately $2.1 billion in cash, a transaction that closed in the second quarter of 2026. Pershing Square supported this by investing $1 billion in HHH non-voting exchangeable perpetual preferred stock.
- In the first half of 2026, Pershing Square's Investment Manager actively deployed capital into six new public equity positions: Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange, and Alcon.
Capital Expenditures
- Pershing Square (PS) reported capital expenditures of approximately $200,000 over the last 12 months, reflecting a lean operating model typical of an asset management firm.
Peer Outperformance in Asset Management & Custody Banks
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 19.9% | 74.0% | 127.0% | SPNT 168% · RGA 152% · RNR 141% |
| Investment Banking & Brokerage | 13 | -7.8% | 92.4% | 111.3% | IBKR 468% · SNEX 234% · HOOD 176% |
| Diversified Banks | 12 | 25.9% | 126.9% | 104.4% | CM 153% · RY 140% · JPM 132% |
| Life & Health Insurance | 20 | 5.9% | 52.7% | 94.0% | JXN 541% · UNM 309% · FG 191% |
| Multi-Sector Holdings | 4 | 5.6% | 48.6% | 77.5% | JONE 361% · BRK-B 84% · VOYA 71% |
| Property & Casualty Insurance | 42 | 5.9% | 67.7% | 62.2% | ASIC 2635900% · HRTG 410% · UVE 299% |
| Multi-line Insurance | 9 | 4.5% | 68.7% | 59.9% | GNW 146% · L 100% · SLF 90% |
| Regional Banks | 263 | 23.5% | 88.6% | 55.2% | ESQ 329% · GCBC 297% · NBN 270% |
| Financial Exchanges & Data | 15 | -4.6% | 15.8% | 34.0% | VIRT 162% · CBOE 126% · CME 68% |
| Diversified Financial Services | 4 | -10.5% | 21.0% | 22.1% | FRHC 171% · EQH 100% · TMS -56% |
| Consumer Finance | 30 | -0.5% | 78.7% | 17.8% | ENVA 386% · EZPW 298% · FCFS 158% |
| Insurance Brokers | 16 | -21.5% | -8.6% | 14.2% | LIFE 273% · ARX 88% · CRD-A 62% |
| Asset Management & Custody Banks ← | 83 | -10.5% | 15.3% | 6.2% | WT 361% · SII 271% · VCTR 269% |
| Commercial & Residential Mortgage Finance | 13 | -53.8% | 15.3% | 6.1% | FNMA 396% · FMCC 363% · ACT 165% |
| Specialized Finance | 3 | 19.4% | 39.1% | -8.2% | EFC 22% · CACC -8% · HASI -16% |
| Mortgage REITs | 33 | -20.0% | -5.9% | -40.3% | NREF 56% · RITM 37% · DX 27% |
| Transaction & Payment Processing Services | 17 | -1.8% | -7.8% | -41.5% | V 71% · MA 67% · CPAY 50% |
| Diversified Capital Markets | 20 | -35.0% | 18.6% | -58.9% | OPY 191% · LPLA 101% · GOLD 71% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 92.71 |
| Mkt Cap | 83.0 |
| Rev LTM | 13,613 |
| Op Inc LTM | 799 |
| FCF LTM | 2,340 |
| FCF 3Y Avg | 4,583 |
| CFO LTM | 2,488 |
| CFO 3Y Avg | 4,710 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 24.7% |
| Rev Chg 3Y Avg | 31.8% |
| Rev Chg Q | 22.8% |
| QoQ Delta Rev Chg LTM | 5.7% |
| Op Inc Chg LTM | 7,394.4% |
| Op Inc Chg 3Y Avg | 2,458.3% |
| Op Mgn LTM | -8.6% |
| Op Mgn 3Y Avg | 5.6% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 11.8% |
| CFO/Rev 3Y Avg | 32.8% |
| FCF/Rev LTM | 11.1% |
| FCF/Rev 3Y Avg | 31.9% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.34 | 2.61 | 2.08 | -1.62 | 1.04 | 0.85 |
| Up Beta | 2.78 | 2.77 | 3.34 | -0.65 | 2.43 | -1.46 |
| Down Beta | -0.17 | 2.37 | 1.81 | -0.94 | 1.05 | 0.77 |
| Up Capture | 256% | 392% | 203% | 280% | 128% | 12% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 14 | 23 | 31 | 42 | 42 | 42 |
| Down Capture | -284% | 158% | 147% | 113% | 71% | 39% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 7 | 19 | 33 | 43 | 43 | 43 |
[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 PS | |
|---|---|---|---|---|
| PS | 122.8% | 104.9% | 2.27 | - |
| Sector ETF (XLF) | 1.5% | 14.8% | -0.12 | 3.2% |
| Equity (SPY) | 16.5% | 13.0% | 0.90 | 24.8% |
| Gold (GLD) | 10.5% | 29.6% | 0.34 | 19.3% |
| Commodities (DBC) | 40.5% | 20.8% | 1.52 | -9.8% |
| Real Estate (VNQ) | 3.2% | 13.6% | -0.02 | 3.6% |
| Bitcoin (BTCUSD) | -24.6% | 44.7% | -0.50 | 25.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PS | |
|---|---|---|---|---|
| PS | 17.3% | 104.9% | 2.27 | - |
| Sector ETF (XLF) | 10.0% | 18.4% | 0.40 | 3.2% |
| Equity (SPY) | 13.5% | 17.2% | 0.60 | 24.8% |
| Gold (GLD) | 18.2% | 18.9% | 0.78 | 19.3% |
| Commodities (DBC) | 10.6% | 19.6% | 0.42 | -9.8% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | 3.6% |
| Bitcoin (BTCUSD) | 15.3% | 52.4% | 0.46 | 25.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PS | |
|---|---|---|---|---|
| PS | 8.3% | 104.9% | 2.27 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | 3.2% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 24.8% |
| Gold (GLD) | 11.8% | 16.4% | 0.59 | 19.3% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | -9.8% |
| Real Estate (VNQ) | 4.6% | 20.7% | 0.18 | 3.6% |
| Bitcoin (BTCUSD) | 63.5% | 66.2% | 1.03 | 25.5% |
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Earnings Returns History
Updated 9/15/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | 6.7% | 2.6% | -2.9% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 0 |
| # Negative | 0 | 0 | 1 |
| Median Positive | 6.7% | 2.6% | |
| Median Negative | -2.9% | ||
| Max Positive | 6.7% | 2.6% | |
| Max Negative | -2.9% | ||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | 6.7% | 2.6% | -2.9% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 0 |
| # Negative | 0 | 0 | 1 |
| Median Positive | 6.7% | 2.6% | |
| Median Negative | -2.9% | ||
| Max Positive | 6.7% | 2.6% | |
| Max Negative | -2.9% | ||
Insider Activity
Updated 8/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ackman, William A | CEO & Chairman | Direct | Buy | 5042026 | 23.77 | 800,000 | 19,015,801 | 35,654,627 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ackman, William A | CEO & Chairman | Direct | Buy | 5042026 | 23.77 | 800,000 | 19,015,801 | 35,654,627 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Asset Management & Custody Banks Resources |
| Pensions & Investments |
| Institutional Investor |
| Ignites |
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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