Resolute Management (RHLD)


Market Price (9/11/2026): $128.89 | Market Cap: $1.0 BilSector: Industrials | Industry: Diversified Support Services

Resolute Management (RHLD)


Market Price (9/11/2026): $128.89
Market Cap: $1.0 Bil
Sector: Industrials
Industry: Diversified Support Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 239%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -48%

Attractive yield
FCF Yield is 7.0%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Wealth Management Technology, Private Equity, Show more.

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 205%

High stock price volatility
Vol 12M is 124%

Key risks
RHLD key risks include [1] its heavy financial dependence on the performance of its managed companies, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 239%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -48%
2 Attractive yield
FCF Yield is 7.0%
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Wealth Management Technology, Private Equity, Show more.
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 205%
5 High stock price volatility
Vol 12M is 124%
6 Key risks
RHLD key risks include [1] its heavy financial dependence on the performance of its managed companies, Show more.

RHLD in ETFs

Weight = RHLD's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
IWO0.04%
VTWO0.02%
IWV0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 9/10/2026

Resolute Management (RHLD) stock has gained about 10% since 5/31/2026 because of the following key factors:

1. Significant Revenue Growth in Fiscal Q2 2026. Resolute Management (RHLD) reported a 296% year-over-year increase in net sales to $473.2 million for its fiscal second quarter ended June 30, 2026. This substantial top-line expansion was primarily fueled by the acquisition of Husky Holdings and a 12% organic growth from CompoSecure.

2. Strong Improvement in Non-GAAP Fee-Related Earnings. The company demonstrated improved profitability in its core business, with Non-GAAP Fee-Related Earnings per share rising to $0.69 in fiscal Q2 2026, compared to $0.08 in fiscal Q2 2025. This was driven by an increase in management fees to $13.6 million, attributed to the management agreement with Husky Holdings and organic fee growth from CompoSecure.

Show more
Updated on 9/10/2026

Resolute Management (RHLD) stock has gained about 10% since 5/31/2026 because of the following key factors:

1. Significant Revenue Growth in Fiscal Q2 2026. Resolute Management (RHLD) reported a 296% year-over-year increase in net sales to $473.2 million for its fiscal second quarter ended June 30, 2026. This substantial top-line expansion was primarily fueled by the acquisition of Husky Holdings and a 12% organic growth from CompoSecure.

2. Strong Improvement in Non-GAAP Fee-Related Earnings. The company demonstrated improved profitability in its core business, with Non-GAAP Fee-Related Earnings per share rising to $0.69 in fiscal Q2 2026, compared to $0.08 in fiscal Q2 2025. This was driven by an increase in management fees to $13.6 million, attributed to the management agreement with Husky Holdings and organic fee growth from CompoSecure.

3. Share Repurchase Program Enhancing Shareholder Value. Resolute Management actively returned value to shareholders by repurchasing $50.0 million in common shares through open market purchases during fiscal Q2 2026 and through July 2026. This initiative effectively reduced the company's shares outstanding by approximately 8.3% since its spin-off.

4. Strategic Model Emphasizing Recurring Management Fees. The company's business model as an alternative asset management platform, which focuses on generating recurring, long-duration management fees tied to the adjusted EBITDA of its managed businesses like GPGI and its subsidiaries, provided a stable financial foundation. Strategic acquisitions, such as Husky, are integral to expanding this fee-based revenue stream.

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Stock Movement Drivers

Fundamental Drivers

The 7.8% change in RHLD stock from 5/31/2026 to 9/10/2026 was primarily driven by a 46.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120269102026Change
Stock Price ($)118.98128.317.8%
Change Contribution By: 
Total Revenues ($ Mil)7661,12046.2%
Net Income Margin (%)7.7%4.2%-45.3%
P/E Multiple17.122.129.1%
Shares Outstanding (Mil)884.4%
Cumulative Contribution7.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/10/2026
ReturnCorrelation
RHLD7.8% 
Market (SPY)0.2%28.0%
Sector (XLI)-1.5%36.1%

Fundamental Drivers

The -23.9% change in RHLD stock from 2/28/2026 to 9/10/2026 was primarily driven by a 4.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)22820269102026Change
Stock Price ($)168.55128.31-23.9%
Change Contribution By: 
Total Revenues ($ Mil)1,1200.0%
Net Income Margin (%)4.2%0.0%
P/E Multiple22.10.0%
Shares Outstanding (Mil)884.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/10/2026
ReturnCorrelation
RHLD-23.9% 
Market (SPY)10.8%35.9%
Sector (XLI)-3.4%43.4%

Fundamental Drivers

The 94.1% change in RHLD stock from 8/31/2025 to 9/10/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.
(LTM values as of)83120259102026Change
Stock Price ($)66.09128.3194.1%
Change Contribution By: 
Total Revenues ($ Mil)1,1200.0%
Net Income Margin (%)4.2%0.0%
P/E Multiple22.10.0%
Shares Outstanding (Mil)884.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/10/2026
ReturnCorrelation
RHLD94.1% 
Market (SPY)18.5%18.4%
Sector (XLI)13.4%19.2%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/10/2026
ReturnCorrelation
RHLD  
Market (SPY)74.2%15.0%
Sector (XLI)64.1%18.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RHLD Return----341%-35%188%
Peers Return80%-29%67%55%-4%-16%171%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
RHLD Win Rate----64%22% 
Peers Win Rate72%42%67%73%52%47% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
RHLD Max Drawdown------55% 
Peers Max Drawdown-16%-42%-22%-17%-39%-38% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BX, KKR, APO, CG, ARES.
[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 9/10/2026 (YTD)

How Low Can It Go

RHLD has limited trading history. Below is the Industrials sector ETF (XLI) in its place.

EventXLIS&P 500
2025 US Tariff Shock
  % Loss-15.8%-18.8%
  % Gain to Breakeven18.8%23.1%
  Time to Breakeven34 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-11.7%-9.5%
  % Gain to Breakeven13.2%10.5%
  Time to Breakeven45 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-20.1%-24.5%
  % Gain to Breakeven25.1%32.4%
  Time to Breakeven125 days427 days
2020 COVID-19 Crash
  % Loss-41.6%-33.7%
  % Gain to Breakeven71.2%50.9%
  Time to Breakeven231 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.7%-19.2%
  % Gain to Breakeven31.1%23.8%
  Time to Breakeven120 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-11.1%-12.2%
  % Gain to Breakeven12.5%13.9%
  Time to Breakeven51 days62 days

Compare to BX, KKR, APO, CG, ARES

In The Past

State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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.

RHLD has limited trading history. Below is the Industrials sector ETF (XLI) in its place.

EventXLIS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-20.1%-24.5%
  % Gain to Breakeven25.1%32.4%
  Time to Breakeven125 days427 days
2020 COVID-19 Crash
  % Loss-41.6%-33.7%
  % Gain to Breakeven71.2%50.9%
  Time to Breakeven231 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.7%-19.2%
  % Gain to Breakeven31.1%23.8%
  Time to Breakeven120 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-22.5%-17.9%
  % Gain to Breakeven29.0%21.8%
  Time to Breakeven114 days123 days
2008-2009 Global Financial Crisis
  % Loss-60.5%-53.4%
  % Gain to Breakeven153.2%114.4%
  Time to Breakeven700 days1085 days

Compare to BX, KKR, APO, CG, ARES

In The Past

State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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 Resolute Management (RHLD)

Resolute Holdings Management, Inc. (RHLD) operates as an alternative asset management platform company, incorporated in 2024 and based in New York. The company's core function is to manage and oversee investment strategies that venture beyond traditional assets like publicly traded stocks and bonds, focusing on a specialized range of alternative investments.

As an alternative asset management platform, Resolute Management likely provides various investment products and services that give clients access to non-traditional asset classes such as private equity, hedge funds, real estate, or private credit. The "platform" designation suggests it offers comprehensive operational, technological, and administrative infrastructure to effectively manage and deliver these often complex investment solutions to its clientele.

The primary customers served by Resolute Management are typically sophisticated investors, including institutional clients such as pension funds, endowments, and foundations, alongside ultra-high-net-worth individuals and family offices. These clients engage Resolute to achieve portfolio diversification and seek potentially enhanced risk-adjusted returns by allocating capital to the alternative asset landscape.

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Here are 1-3 brief analogies for Resolute Management (RHLD):

  • A startup Blackstone.
  • Like a new Apollo Global Management or KKR, managing diverse alternative investments.

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Alternative Asset Management Services: The company provides services related to managing investments in non-traditional asset classes such as private equity, real estate, and hedge funds.

AI Analysis | Feedback

Resolute Management (RHLD) operates as an alternative asset management platform company. Given the nature of its business and its recent incorporation in 2024, specific customer names are not publicly disclosed. However, based on its operational description, the company primarily serves sophisticated investors. The categories of customers that Resolute Management would typically serve include:

  1. Institutional Investors: This category includes large organizations such as pension funds, endowments, sovereign wealth funds, and foundations that seek specialized alternative investment strategies for their portfolios.
  2. Family Offices and Ultra-High-Net-Worth Individuals (UHNWIs): Wealthy families and individuals who require tailored investment solutions and access to diverse alternative assets to manage and grow their substantial wealth.
  3. Other Financial Institutions: This may include other asset managers, wealth management firms, or consultants who utilize Resolute Management's platform to offer alternative investment products to their own client base.

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David Cote Executive Chairman

Mr. Cote brings over 40 years of operating experience across diverse industries. He previously served as Executive Chairman of the Board and Chief Executive Officer of Honeywell from 2002 to 2017, where he led a strategic shift focused on profitable growth, margin improvement, and a results-oriented culture. Under his leadership, Honeywell's revenues increased by 83% from 2003 to 2017, and its market capitalization grew from $20 billion to approximately $112 billion. He also implemented a disciplined acquisition framework to build Honeywell's divisions and optimize its business portfolio. More recently, since February 2020, Mr. Cote has served as the Executive Chairman of the Board of Vertiv, where the stock price increased by 1,520% during his tenure as of December 31, 2025.

Thomas R. Knott Chief Executive Officer

Mr. Knott has over 15 years of investment experience spanning various asset classes and investment structures. Most recently, he led the Permanent Capital Strategies group at Goldman Sachs, focusing on developing a platform to combine long-term capital and a disciplined acquisition strategy with operating capabilities. While at Goldman Sachs, Mr. Knott successfully led the initial public offerings of special purpose acquisition companies (SPACs) GS Acquisition Holdings Corp ("GSAH I") and GS Acquisition Holdings Corp II ("GSAH II") through to their respective mergers with Vertiv and Mirion Technologies.

Kurt Schoen Chief Financial Officer

Mr. Schoen has served as Chief Financial Officer of Resolute Holdings Management, Inc. since February 19, 2025. He is a CFA Charterholder and CPA. His prior experience includes serving as a Principal at I 130 Partners, a private investment firm, from March 2022 to September 2024, where he held operational roles at portfolio companies, including Interim CEO of Euro-Wall Systems and Head of M&A at Paschal Air, Plumbing & Electric. Before that, he was a Senior Equity Analyst at Hightower Advisors and GCI Partners, and held roles in equity research at CLSA Americas and as Controller at MHR Fund Management. His early career involved audit and accounting at KPMG.

Timothy Fitzsimmons Treasurer

Mr. Fitzsimmons is listed as the Treasurer for Resolute Holdings Management. He previously served as the Chief Financial Officer of CompoSecure, Inc., from which Resolute Holdings Management was spun off in February 2025. He is expected to retire from CompoSecure by early 2026 but will remain as a consultant through January 2027 to ensure a smooth transition.

David A.P. Marshall Chief Legal Counsel and Corporate Secretary

Mr. Marshall was appointed Chief Legal Counsel and Corporate Secretary, effective March 30, 2026. Prior to joining Resolute Holdings, he was a Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City for nearly a decade, where he advised public companies on complex transactions and capital markets matters. He holds a J.D. and M.P.P. from the University of Toronto and a B.A. from McGill University.

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Key Business Risks for Resolute Management (RHLD)

  1. High Concentration and Dependence on Performance of Managed Companies: Resolute Holdings Management, Inc. (RHLD) operates an asset-light model where its revenues are substantially derived from fees tied to the Adjusted EBITDA of a very limited number of managed companies, primarily GPGI, Inc. (formerly CompoSecure, Inc.) and, from 2026, Husky Technologies Limited. This structure creates a significant concentration risk, meaning any underperformance, operational challenges, or decline in profitability of these few entities would directly and severely impact RHLD's financial results and growth prospects.
  2. Stock Price Volatility and Perceived Overvaluation: RHLD has experienced considerable stock price volatility, including a significant decline after being flagged as overvalued by market analysis in late 2025. Such market perceptions and subsequent sharp re-pricing can negatively affect investor confidence, limit future capital-raising capabilities, and influence the company's overall market standing and ability to attract new managed assets.
  3. Exposure to Specific Industry and Operational Risks of Managed Entities: As an alternative asset management platform, RHLD is indirectly exposed to the distinct industry-specific and operational risks faced by its managed businesses. For example, GPGI's digital asset products, like Arculus, are subject to extensive and evolving regulatory and market risks. Similarly, Husky faces vulnerabilities related to cyclical capital spending, emerging-market demand, volatility in commodity prices (such as steel), foreign exchange fluctuations, and global supply-chain and trade-compliance risks. These external factors, largely outside RHLD's direct control, can significantly influence the performance of the managed companies and, consequently, RHLD's fee-based revenue streams.
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AI Analysis | Feedback

The rapid evolution and adoption of advanced AI/Machine Learning-driven platforms for investment analysis and portfolio management, coupled with the increasing maturation and application of blockchain technology for tokenizing and enabling greater liquidity in alternative assets, pose clear emerging threats. These technological advancements have the potential to fundamentally alter the competitive landscape by offering superior efficiency, lower costs, and enhanced liquidity that could disrupt existing and newly established alternative asset management platforms.

AI Analysis | Feedback

Resolute Holdings Management, Inc. (RHLD) operates as an alternative asset management platform company that provides operating management services, including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution, for its managed businesses. Its revenue is primarily generated through management fees from these entities. The company focuses on acquiring high-quality businesses and implementing its "Resolute Operating System" to enhance their value.

The addressable market for Resolute Management's services can be framed within the broader alternative asset management industry, where it seeks to manage and grow alternative assets and businesses. The market for alternative assets is substantial and projected to grow significantly in the coming years:

  • The global alternative assets under management (AUM) are forecasted to reach approximately $29.2 trillion by 2029, increasing from $16.8 trillion at the end of 2023, with an anticipated annualized growth rate of 9.7%.
  • This global market is expected to surpass $30 trillion by 2030.
  • Other projections estimate the global alternatives market AUM to reach $32 trillion by 2030, encompassing private equity, private credit, infrastructure, real estate, hedge funds, and natural resources.
  • Specifically, the global alternative investment funds (AIFs) market was valued at $12.8 trillion in 2023 and is projected to reach $25.8 trillion by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2032. In 2024, the global Alternative Investment Funds Market size was valued at over $13.81 trillion and is expected to grow to $23.69 trillion in 2032 at a CAGR of 8.0%.

For the United States:

  • The U.S. asset management market as a whole is valued at approximately USD 140 trillion.
  • Within the U.S. asset management market, alternative assets are projected to experience the fastest growth, with a 14.62% CAGR from 2026 to 2031.
  • The overall U.S. asset management market size is projected at USD 70.97 trillion in 2026 and is forecast to reach USD 125.98 trillion by 2031.

While Resolute Management's services are specialized within "operating management" for businesses within the alternative asset space, these figures for the global and U.S. alternative asset management markets represent the broad addressable market in which the company operates and seeks to grow its managed assets.

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Resolute Management (RHLD) is an alternative asset management platform company that derives its revenue primarily from management fees based on the adjusted EBITDA of its managed entities. Over the next 2-3 years, several key drivers are expected to fuel its revenue growth:

  1. New Management Agreement with Husky Holdings LLC: A significant driver of future revenue growth is the management agreement with Husky Holdings LLC, which commenced in January 2026. This agreement is anticipated to substantially increase Resolute Management's fee stream and overall profitability. Husky, a manufacturer of industrial equipment, is projected to generate considerable adjusted EBITDA, translating into an estimated $10 million in additional quarterly management fees for RHLD.
  2. Organic Growth and Operational Improvements of Managed Businesses: Resolute Management's revenue is directly tied to the Adjusted EBITDA of its managed companies, which currently include CompoSecure and Husky. Therefore, growth in the underlying businesses through increased sales, market expansion, enhanced operational efficiencies, and the implementation of Resolute's Operating System (ROS) are expected to drive higher management fees for RHLD.
  3. Accretive Investments and Diversifying Acquisitions by Managed Businesses: Resolute Management provides oversight of capital allocation strategy and M&A sourcing and execution for its managed businesses. Growth achieved through accretive investments and strategic acquisitions made by CompoSecure and Husky will expand their respective Adjusted EBITDAs, consequently increasing the management fees collected by RHLD.
  4. Expansion to New Managed Entities: The company's stated primary business objective includes providing operating management services to "any other companies we may manage in the future," both domestically and internationally. This strategic focus on identifying and integrating new businesses into its management platform is a fundamental driver for expanding Resolute Management's fee-generating base over the coming years.

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Share Issuance

  • Resolute Holdings Management, Inc. was spun off from CompoSecure, Inc. in February 2025, establishing its initial share structure.
  • As of March 10, 2026, the company reported 8,474,010 common shares outstanding.

Inbound Investments

  • The company's initial capital formation was through its spin-off from CompoSecure, Inc. in February 2025.
  • Prior to the spin-off, for the fiscal year ended December 31, 2024, Resolute Holdings had only immaterial amounts of cash and no operations or revenues.
  • Various institutional investors acquired new stakes in Resolute Holdings Management in the fourth quarter (likely 2025), with individual amounts ranging from approximately $27,000 to $86,000.

Outbound Investments

  • Resolute Holdings Management operates as an alternative asset management platform focused on providing operating management services, including oversight of capital allocation strategy and M&A sourcing and execution, for its managed businesses such as GPGI, Inc. and Husky Holdings LLC.
  • Resolute Holdings does not own equity in GPGI, Husky, or GPGI Holdings, indicating its role as a manager rather than a direct equity investor in these entities.

Capital Expenditures

  • Resolute Holdings had no operations or revenues for the fiscal year ended December 31, 2024.
  • Following its spin-off, Resolute Holdings has incurred and expects to continue incurring significant costs for initial resource investments to build capabilities required for its management agreements.

Peer Outperformance in Diversified Support Services

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Share of Diversified Support Services constituents that RHLD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
92%
of 37 industry peers · 85.9% return
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Industrials sector, ranked by 5Y. Diversified Support Services is RHLD's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 6.7%106.6%186.1% CDNL 2524% · FIX 2164% · STRL 2119%
Marine Transportation 5 71.5%63.4%169.6% HOS 47268% · MATX 180% · KEX 170%
Construction Machinery & Heavy Transportation Equipment 13 9.8%60.5%118.8% CAT 328% · ALSN 281% · WAB 223%
Aerospace & Defense 55 -2.4%55.8%73.2% ATI 1049% · FTAI 890% · HWM 641%
Passenger Ground Transportation 3 -20.8%32.6%54.0% UBER 82% · CAR 54% · LYFT -70%
Rail Transportation 7 34.2%69.5%45.3% FSTR 140% · CSX 70% · UNP 54%
Trading Companies & Distributors 19 2.8%34.1%38.5% DXPE 563% · AIT 286% · WCC 214%
Industrial Machinery & Supplies & Components 71 4.4%44.2%35.8% CRS 1402% · PSIX 946% · GHM 595%
Cargo Ground Transportation 16 39.9%3.6%34.1% XPO 256% · R 249% · CVLG 230%
Diversified Support Services ← 33 9.3%25.8%27.6% LIME 3705% · TH 395% · WLFC 371%
Electrical Components & Equipment 41 14.2%53.1%19.9% POWL 2198% · BE 1218% · VRT 916%
Building Products 33 -11.6%-1.2%11.8% LMB 580% · GFF 397% · PPIH 297%
Agricultural & Farm Machinery 17 14.7%-0.7%-6.3% BLBD 222% · DE 99% · GENC 58%
Industrial Conglomerates 17 8.0%11.8%-6.6% RCMT 548% · CSW 130% · CSL 75%
Environmental & Facilities Services 29 -11.4%23.5%-10.9% CECO 996% · ADUR 387% · NVRI 365%
Research & Consulting Services 13 -10.0%-23.6%-11.5% HURN 204% · CRAI 92% · GRNQ 65%
Data Processing & Outsourced Services 6 -32.6%-15.0%-26.0% EXLS 42% · BR 9% · G -26%
Passenger Airlines 11 -0.4%-4.8%-28.5% LTM 3259% · UAL 140% · SKYW 121%
Office Services & Supplies 9 8.3%26.9%-33.0% PBI 195% · TILE 142% · HNI 53%
Human Resource & Employment Services 22 5.3%-22.2%-38.2% BBSI 82% · ADP 47% · PAYX 22%
Security & Alarm Services 10 -33.0%5.7%-38.5% CIX 142% · MG 111% · NL 72%
Air Freight & Logistics 12 -9.8%-25.0%-39.5% CHRW 94% · FDX 66% · EXPD 59%
Airport Services 3 -69.9%-80.2%-58.7% JOBY -32% · ASLE -59% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Resolute Management Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RHLDBXKKRAPOCGARESMedian
NameResolute.Blacksto.KKR Apollo G.Carlyle Ares Man. 
Mkt Price128.31125.41100.87127.9143.07130.63126.66
Mkt Cap1.0100.390.375.715.429.652.6
Rev LTM1,12013,61321,06035,8972,7765,9889,800
Op Inc LTM105-1,6528,921-1,0821,367
FCF LTM735,4862,3409,473-3,7008361,588
FCF 3Y Avg-4,2404,9275,567-1,0071,8714,240
CFO LTM1055,5982,4889,473-3,5759121,700
CFO 3Y Avg-4,3525,0685,567-9171,9574,352

Growth & Margins

RHLDBXKKRAPOCGARESMedian
NameResolute.Blacksto.KKR Apollo G.Carlyle Ares Man. 
Rev Chg LTM238.6%17.6%31.7%41.2%-25.2%24.0%27.9%
Rev Chg 3Y Avg-29.9%33.7%12.0%23.6%20.8%23.6%
Rev Chg Q295.7%32.5%13.1%63.7%-12.6%5.8%22.8%
QoQ Delta Rev Chg LTM46.2%8.2%3.2%13.7%-4.2%1.3%5.7%
Op Inc Chg LTM104.7%-7,394.4%24.6%-28.8%66.7%
Op Inc Chg 3Y Avg--2,458.3%46.0%-22.6%46.0%
Op Mgn LTM9.4%-7.8%24.9%-18.1%13.7%
Op Mgn 3Y Avg--5.6%26.8%-20.0%20.0%
QoQ Delta Op Mgn LTM-5.0%--0.3%1.0%-0.4%0.1%
CFO/Rev LTM9.4%41.1%11.8%26.4%-128.8%15.2%13.5%
CFO/Rev 3Y Avg-39.3%26.3%18.1%-21.4%42.4%26.3%
FCF/Rev LTM6.5%40.3%11.1%26.4%-133.3%14.0%12.5%
FCF/Rev 3Y Avg-38.2%25.5%18.1%-25.0%40.4%25.5%

Valuation

RHLDBXKKRAPOCGARESMedian
NameResolute.Blacksto.KKR Apollo G.Carlyle Ares Man. 
Mkt Cap1.0100.390.375.715.429.652.6
P/S0.97.44.32.15.54.94.6
P/Op Inc9.9-54.78.5-27.318.6
P/EBIT10.5-9.39.6-12.910.0
P/E22.128.528.740.442.346.534.5
P/CFO9.917.936.38.0-4.332.413.9
Total Yield4.8%9.9%4.2%4.2%5.6%8.6%5.2%
Dividend Yield0.3%6.4%0.7%1.7%3.3%6.5%2.5%
FCF Yield 3Y Avg-4.3%5.0%7.7%-6.4%5.6%5.0%
D/E2.20.10.60.20.90.50.6
Net D/E2.00.1-0.9-3.30.80.40.3

Returns

RHLDBXKKRAPOCGARESMedian
NameResolute.Blacksto.KKR Apollo G.Carlyle Ares Man. 
1M Rtn-3.1%-14.8%-9.1%-8.4%-10.3%-8.7%-8.9%
3M Rtn-0.7%4.8%6.0%-4.1%-2.6%-0.7%-0.7%
6M Rtn11.4%25.2%20.7%28.6%-3.6%38.6%23.0%
12M Rtn85.9%-26.8%-27.1%-2.7%-32.5%-24.3%-25.5%
3Y Rtn174.0%21.5%62.8%51.2%45.5%35.4%48.4%
1M Excs Rtn-1.3%-13.0%-7.3%-6.7%-8.5%-7.0%-7.1%
3M Excs Rtn2.1%2.5%1.9%-6.5%-6.1%-1.6%0.1%
6M Excs Rtn-28.5%7.2%4.2%9.5%-19.2%17.2%5.7%
12M Excs Rtn70.9%-41.2%-42.6%-19.8%-47.0%-39.2%-40.2%
3Y Excs Rtn105.2%-41.4%-2.8%-17.9%-24.7%-30.5%-21.3%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2025202420222021
GPGI Holdings462421  
Resolute Holdings120  
Intercompany/Eliminations-120  
Single segment  378268
Total462421378268


Operating Income by Segment
$ Mil20252024
GPGI Holdings147127
Intercompany/Eliminations22
Resolute Holdings-5-2
Total143127


Net Income by Segment
$ Mil20252024
GPGI Holdings138110
Intercompany/Eliminations22
Resolute Holdings-6-2
Total134110


Assets by Segment
$ Mil20252024
GPGI Holdings324202
Resolute Holdings130
Intercompany/Eliminations-40
Total333202


Price Behavior

Price Behavior
Market Price$128.31 
Market Cap ($ Bil)1.0 
First Trading Date02/28/2025 
Distance from 52W High-43.3% 
   50 Days200 Days
DMA Price$132.29$124.48
DMA Trendupup
Distance from DMA-3.0%3.1%
 3M1YR
Volatility64.9%123.9%
Downside Capture184.65234.79
Upside Capture157.02266.03
Correlation (SPY)30.8%18.2%
RHLD Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta1.691.731.112.031.71-0.19
Up Beta3.852.582.481.850.580.11
Down Beta-1.341.40-0.430.970.51-0.01
Up Capture126%106%157%253%629%195%
Bmk +ve Days10213268138427
Stock +ve Days14223564132193
Down Capture-30%185%94%223%160%102%
Bmk -ve Days11213259113324
Stock -ve Days7202963119180

[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 RHLD
RHLD87.9%123.6%0.96-
Sector ETF (XLI)14.8%17.2%0.6318.9%
Equity (SPY)17.6%12.8%0.9918.3%
Gold (GLD)18.7%29.2%0.5910.9%
Commodities (DBC)47.9%20.4%1.81-7.3%
Real Estate (VNQ)6.6%13.6%0.229.1%
Bitcoin (BTCUSD)-29.9%43.8%-0.687.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RHLD
RHLD21.6%116.5%1.00-
Sector ETF (XLI)12.0%17.6%0.5218.3%
Equity (SPY)12.4%17.2%0.5515.1%
Gold (GLD)18.5%18.8%0.807.7%
Commodities (DBC)11.5%19.5%0.46-6.2%
Real Estate (VNQ)0.7%18.9%-0.0711.5%
Bitcoin (BTCUSD)9.9%52.6%0.3710.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RHLD
RHLD10.3%116.5%1.00-
Sector ETF (XLI)13.1%20.1%0.5718.3%
Equity (SPY)15.1%17.9%0.7115.1%
Gold (GLD)12.2%16.3%0.617.7%
Commodities (DBC)8.4%18.1%0.38-6.2%
Real Estate (VNQ)4.6%20.7%0.1911.5%
Bitcoin (BTCUSD)63.4%66.2%1.0310.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity0.6 Mil
Short Interest: % Change Since 73120262.4%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest4.4 days
Basic Shares Quantity8.1 Mil
Short % of Basic Shares8.0%

Earnings Returns History

Updated 9/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/2026-5.5%-5.6%1.7%
5/7/2026-22.7%-24.1%-15.0%
3/12/2026-25.1%0.4%3.2%
11/3/202596.8%136.3%160.2%
8/7/202517.4%41.6%65.0%
5/12/20255.8%19.6%41.6%
SUMMARY STATS   
# Positive345
# Negative321
Median Positive17.4%30.6%41.6%
Median Negative-22.7%-14.9%-15.0%
Max Positive96.8%136.3%160.2%
Max Negative-25.1%-24.1%-15.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/2026-5.5%-5.6%1.7%
5/7/2026-22.7%-24.1%-15.0%
3/12/2026-25.1%0.4%3.2%
11/3/202596.8%136.3%160.2%
8/7/202517.4%41.6%65.0%
5/12/20255.8%19.6%41.6%
SUMMARY STATS   
# Positive345
# Negative321
Median Positive17.4%30.6%41.6%
Median Negative-22.7%-14.9%-15.0%
Max Positive96.8%136.3%160.2%
Max Negative-25.1%-24.1%-15.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202503/12/202610-K
09/30/202511/03/202510-Q
06/30/202508/07/202510-Q
03/31/202505/12/202510-Q
12/31/202403/31/202510-K
12/31/202212/30/202410-12B
12/31/202110/04/2024DRS
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202503/12/202610-K
09/30/202511/03/202510-Q
06/30/202508/07/202510-Q
03/31/202505/12/202510-Q
12/31/202403/31/202510-K
12/31/202212/30/202410-12B
12/31/202110/04/2024DRS

Insider Activity

Updated 8/24/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schoen, KurtChief Financial OfficerDirectBuy8242026117.8437544,190380,034Form
2Mikkilineni, Krishna DirectBuy5152026108.5292199,990124,298Form
3Schoen, KurtChief Financial OfficerDirectBuy5152026108.3445048,753308,769Form
4Thompson, Jane JDirectSell3182026124.421,850230,177780,487Form
5Schoen, KurtChief Financial OfficerDirectBuy3182026141.5150070,755339,624Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schoen, KurtChief Financial OfficerDirectBuy8242026117.8437544,190380,034Form
2Mikkilineni, Krishna DirectBuy5152026108.5292199,990124,298Form
3Schoen, KurtChief Financial OfficerDirectBuy5152026108.3445048,753308,769Form
4Thompson, Jane JDirectSell3182026124.421,850230,177780,487Form
5Schoen, KurtChief Financial OfficerDirectBuy3182026141.5150070,755339,624Form
6Cote, John DSpouseBuy3182026142.2955278,54578,545Form
7Schoen, KurtChief Financial OfficerDirectBuy11202025149.23900134,307283,537Form
8Mahoney, Timothy ODirectBuy11202025152.983,268499,9851,408,534Form
9Mahoney, Timothy ODirectBuy11122025168.525,9391,000,8691,000,869Form
10Schoen, KurtChief Financial OfficerDirectBuy11122025164.951,000164,950164,950Form

Investor Activity (13F)

Updated Sep 11, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Tikvah Management LLC$31.9 Mil9.9%21ADD +6.9%13F
Nine Ten Capital Management LLC$15.1 Mil4.8%8Hold13F
Newtyn Management, LLC$39.3 Mil4.2%33Hold13F
Ratan Capital Management LP$6.5 Mil2.4%37New13F
Locust Wood Capital Advisers, LLC$87.1 Mil2.4%27Hold13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Ratan Capital Management LP$6.5 Mil2.4%37New13F
Tikvah Management LLC$31.9 Mil9.9%21ADD +6.9%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Locust Wood Capital Advisers, LLC$87.1 Mil2.4%27Hold13F
Newtyn Management, LLC$39.3 Mil4.2%33Hold13F
Tikvah Management LLC$31.9 Mil9.9%21ADD +6.9%13F
Nine Ten Capital Management LLC$15.1 Mil4.8%8Hold13F
Ratan Capital Management LP$6.5 Mil2.4%37New13F
Core Cache Last Updated: 9/10/2026