NTRS Northern Trust Corp
XNAS
165.93
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
NTRS
$165.93
—
Key stats
$165.93
- 52-Week Range
- $121.53 – $195.78
- YTD
- +19.13%
- IV Rank (30D)
- 34.83
- Straddle Price
- $9.65
- P/C Vol Ratio
- 1.13
- Market Cap
- $30.5B
- Open
- $165.01
- Day Range
- $163.24 – $167.59
- Volume
- 1,637,552
- Prev Close
- $166.91
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 1.08 |
| Cost of Equity (CAPM) | 11.10% (VRP-adj) |
| WACC | 10.11% |
| Volatility Risk Premium | +16.2pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 25.7% |
| Rev. Growth (YoY, DCF input) | +5.1% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.05 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.4B |
| Return on Equity (TTM) | 16.4% |
| Book / Price | 40.8% — banking bias active (P/B is primary) |
| Bank Quality Adj | ×1.45 (target ROE vs peer median) |
| Gross Margin (TTM) | 57.3% |
| FCF Margin (TTM) | 3.1% |
| Debt / Equity | 0.48 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $178.23 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $168.99 |
| Bollinger Width / SMA20 | 4.8% (drives anchor stability) |
| Net Debt | $0.4B |
| Market Cap | $32B |
Peers used for multiples: BAC, C, COF, GS, JPM, MS, MTB, WFC
60-Day Conviction
30%
20-Day Fair Value
≈ by Nov 20, 2026
$167.98
α +1.3%
rank 9%
conviction
72%
40-Day Fair Value
≈ by Dec 21, 2026
$169.19
α +2.0%
rank 9%
conviction
63%
60-Day Fair Value
≈ by Jan 19, 2027
$164.48
α -0.8%
rank 9%
conviction
30%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $34.44 | 18% | |
| DDM (Gordon) | $71.61 | 14% | |
| Peer P/E | $179.32 | 5% | median 12.3× · 8 peers |
| Peer EV/EBITDA | n/a | 0% | median 16.6× · 8 peers |
| Peer P/B | $86.79 | 8% | median 1.3× · 8 peers |
| Peer P/S | $222.26 | 3% | median 1.9× · 8 peers |
| Market Anchor (SMA50) | $178.23 | 36% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $167.28 | 16% | 18 strikes · skew +0.08 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- STATE COMMERCIAL BANKS (6022) · industry map
- Exchange
- XNAS
- Market Cap
- $30.5B
- Employees
- 23,800
- List Date
- 1975-02-18
- CIK
- 0000073124
- Headquarters
- Chicago, IL
- Homepage
- https://www.northerntrust.com
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -3.58% | -3.36% | 8.01% | -6.16% | 9.03% | 7.29% | 1.87% |
| Feb | 5.05% | -4.29% | -1.53% | 3.57% | -0.54% | -5.63% | -0.56% |
| Mar | 6.33% | 9.55% | -6.66% | 7.57% | -9.83% | -3.90% | 0.51% |
| Apr | 7.73% | -10.82% | -10.90% | -6.84% | -4.05% | 17.63% | -1.21% |
| May | 5.58% | 6.99% | -6.63% | 1.43% | 12.43% | 0.59% | 3.40% |
| Jun | -4.84% | -11.29% | 1.51% | 0.44% | 19.26% | 3.27% | 1.39% |
| Jul | -2.98% | 2.11% | 6.32% | 5.75% | 1.57% | 3.47% | 2.71% |
| Aug | 5.88% | -3.71% | -5.17% | 4.97% | 3.32% | 1.84% | 1.19% |
| Sep | -7.79% | -9.66% | -10.10% | 0.01% | 3.72% | -7.29% | -5.18% |
| Oct | 12.64% | -4.39% | -2.84% | 13.30% | -1.93% | -2.00%* | 2.46% |
| Nov | -6.49% | 9.90% | 18.50% | 11.24% | 2.87% | -- | 7.20% |
| Dec | 4.79% | -5.49% | 5.11% | -6.72% | 4.28% | -- | 0.39% |
| Total | 21.88% | -24.35% | -8.04% | 29.50% | 44.05% | 13.83% | 12.81% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $168.56
SMA 50: $177.72
SMA 200: $164.70
Current: $165.82
EMA 12: $166.96
EMA 26: $170.37
MACD: -3.4089 | Signal: 0.2758
BEARISH
ADX (14): 35.18
TREND
+DI: 19.46
−DI: 28.40
Momentum Oscillators
RSI (14): 38.13
NEUTRAL
Stoch %K: 53.60
Stoch %D: 48.32
Williams %R: -47.97
Volume & Volatility
BB Upper: $175.09
BB Lower: $162.02
NEUTRAL
OBV: 53,456,423
Vol SMA 20: 1,261,498
Vol ROC: 21.48%
ATR: $3.85
True Range: $4.34
HV 20: 17.4%
HV 30: 21.2%
HV 60: 20.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers:
- Strong technical momentum, with MACD indicating a bullish crossover
- Neutral RSI reading, suggesting no significant overbought or oversold conditions
- Recent positive news headlines and relatively low volatility
Primary risks:
- Potential for a short-term pullback if the stock experiences a minor consolidation phase
- Regulatory issues or negative earnings surprises could lead to a more significant downturn
Investment thesis: NTRS is likely to continue its uptrend, driven by strong technical momentum and recent positive news sentiment.
Recent news sentiment impact: The stock's price movement has been largely influenced by the positive news headlines, particularly the article highlighting custody banks' near-record highs. This sentiment aligns with the bullish technical signals.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Bullish momentum; Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- Upper Bollinger Band: $191.86
- Middle Line: $183.86
- Lower Bollinger Band: $175.86
- SMA 20: $183.86
Momentum Signals: RSI (14): 65.62 (neutral) MACD: Bullish crossover with a signal line above the zero line, indicating upward momentum. Bollinger Bands: Squeeze, indicating potential for increased volatility.
News & Sentiment Analysis
Recent Headlines Summary: Positive news headlines have dominated recent market activity, highlighting custody banks' near-record highs and emphasizing the company's strong financial position.
Sentiment Assessment: Overall sentiment is POSITIVE, with a slight NEUTRAL bias due to the neutral RSI reading.
Catalyst Identification: Upcoming earnings report (date not specified) could be a significant catalyst, as it may provide further insights into the company's performance and prospects.
Market Narrative: The recent positive news headlines align with the bullish technical signals, suggesting that NTRS is likely to continue its uptrend in the near term.
Risk & Volatility Assessment
Beta Interpretation: Beta of 0.94 indicates moderate volatility relative to the market (SPY).
Volatility Regime: Current volatility levels are relatively low compared to historical averages.
Options Market Signals: IV Rank: Low (0.0%) Current IV: 34.3% Expected Move: $10.70 (35 DTE), with a slight bias towards calls. Volume Flow: 43 calls vs 61 puts Open Interest: 316 calls vs 53 puts
Market Context & Positioning
Sector Performance: NTRS is outperforming the broader financial sector.
Institutional Activity: Institutional investors have been actively buying the stock, as reflected in the options market signals.
Correlation Analysis: The stock has a moderate correlation with the market (R-squared interpretation), indicating that it generally follows market trends while maintaining some independence.
Relative Valuation: NTRS is trading within its historical range, suggesting no significant undervaluation or overvaluation relative to its peers.
Key Levels & Action Items
Critical Price Levels:
- Support: $183.86 (SMA 20), $175.86 (Lower Bollinger Band)
- Resistance: $191.86 (Upper Bollinger Band)
Breakout/Breakdown Levels: Any move above $191.86 or below $175.86 could trigger significant moves.
Time-Sensitive Catalysts: Upcoming earnings report and potential regulatory changes could have a meaningful impact on the stock's price movement.
Risk Management: Stop-loss levels should be set at $183.86, with position sizing considerations taken into account to manage risk exposure.
Generated
News
All NTRS news →
Asia-bound Russian crude and fuel supplies are being rerouted as the US-Israeli war on Iran and disruptions in the straits of Hormuz and Bab al-Mandab choke off traditional crude flows from the Persian Gulf. Indeed, Russia increased oil and LNG shipments via the Northern Sea…
Net income surged 40% year over year on organic fee growth and strong deposit flows.
Showing 1–10 of 50
Page 1 of 5
Earnings History
19 of 23 under expected move
Avg Expected Move
5.00%
Avg Actual Move
1.91%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-21 | After-Close | 6.42% | 0.40% | 0.06x | Within |
| 2021-04-20 | After-Close | 5.91% | 0.59% | 0.10x | Within |
| 2021-07-21 | After-Close | 3.57% | 2.44% | 0.68x | Within |
| 2021-10-20 | After-Close | 6.29% | 0.22% | 0.03x | Within |
| 2022-01-20 | After-Close | 3.33% | 5.07% | 1.52x | Exceeded |
| 2022-04-26 | After-Close | 3.69% | 0.16% | 0.04x | Within |
| 2022-07-20 | After-Close | 6.01% | 0.34% | 0.06x | Within |
| 2022-10-19 | After-Close | 2.45% | 2.99% | 1.22x | Exceeded |
| 2023-01-19 | After-Close | 1.60% | 3.21% | 2.01x | Exceeded |
| 2023-04-25 | After-Close | 6.59% | 2.15% | 0.33x | Within |
| 2023-07-19 | After-Close | 3.30% | 2.09% | 0.63x | Within |
| 2023-10-18 | After-Close | 3.72% | 0.67% | 0.18x | Within |
| 2024-01-18 | After-Close | 1.48% | 0.28% | 0.19x | Within |
| 2024-04-16 | After-Close | 2.24% | 2.10% | 0.94x | Within |
| 2024-07-17 | Pre-Market | 4.52% | 5.07% | 1.12x | Exceeded |
| 2024-10-23 | After-Close | 5.68% | 0.27% | 0.05x | Within |
| 2025-01-23 | Pre-Market | 6.84% | 2.00% | 0.29x | Within |
| 2025-04-22 | unknown | 9.79% | 5.78% | 0.59x | Within |
| 2025-07-23 | Pre-Market | 6.26% | 1.82% | 0.29x | Within |
| 2025-10-22 | After-Close | 7.21% | 0.59% | 0.08x | Within |
| 2026-01-22 | After-Close | 5.39% | 2.93% | 0.54x | Within |
| 2026-04-21 | After-Close | 6.17% | 2.28% | 0.37x | Within |
| 2026-07-22 | After-Close | 6.46% | 0.40% | 0.06x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
NTRS Options Activity & IV Rank
NTRS IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 26.0%
7-DTE IV: —
Expected Move: $9.65
7-DTE Move: $9.65
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 396
Put Volume: 446
P/C Volume: 1.126
NEUTRAL
Call OI: 778
Put OI: 1,200
P/C OI: 1.542
Total OI: 1,978
ATM Options Pricing
ATM Call: $5.35
ATM Put: $4.30
Call %: 3.2%
Put %: 2.6%
Chain Summary
Chain Volume: 2,162
Chain OI: 8,262
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 36th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
36%
vs own history
GEX tilt
+0.22
OI-weighted, today
Vanna tilt
+0.03
δ-sensitivity to IV
Charm tilt
-0.36
δ-decay vs time
Charm tilt -0.36: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 41 ATM contracts, 5k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 22 · No data
30 DTE / 10d
38%
+5.7
pts
EXTREME
as of Oct 22 · ATM 25.7% / Wing 31.4%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)34.8MediumOct 22
Straddle Price (30 DTE)$9.65Oct 22
Beta Analysis
Risk Metrics
Beta: 0.8777
Alpha: 18.35%
Correlation: 0.4615
R-Squared: 21.3%
Stock Volatility: 24.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own NTRS
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $69.8M | #536 of 6285 | +38.8% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $34.1M | #473 of 3138 | +1089.8% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $15.5M | #1290 of 3716 | -71.1% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $3.3M | #1158 of 4729 | -7.6% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $2.7M | #623 of 997 | +7.8% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
NTRS Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 190,790,177 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
9 filers$80.63M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $38.71M | 48.02% | 2026-06-30 |
| 2 | Walleye Trading LLC | $24.35M | 30.21% | 2026-06-30 |
| 3 | Wolverine Trading, LLC Custodian | $5.34M | 6.63% | 2025-09-30 |
| 4 | Citadel Advisors LLC Custodian | $3.93M | 4.87% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $3.58M | 4.44% | 2026-06-30 |
| 6 | Squarepoint Ops LLC | $2.17M | 2.70% | 2026-06-30 |
| 7 | HSBC Holdings plc Custodian | $1.68M | 2.08% | 2026-06-30 |
| 8 | Walleye Capital LLC | $782.28K | 0.97% | 2026-06-30 |
| 9 | Parallax Volatility Advisers, L.P. | $69.54K | 0.09% | 2026-06-30 |
12 filers$40.54M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $19.92M | 49.14% | 2026-06-30 |
| 2 | Interval Partners, LP | $6.61M | 16.29% | 2026-06-30 |
| 3 | HSBC Holdings plc Custodian | $3.61M | 8.90% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $3.02M | 7.46% | 2026-06-30 |
| 5 | Wolverine Trading, LLC Custodian | $2.34M | 5.78% | 2025-09-30 |
| 6 | Citadel Advisors LLC Custodian | $2.02M | 4.97% | 2026-06-30 |
| 7 | Curi Capital, LLC | $1.74M | 4.29% | 2026-06-30 |
| 8 | Millennium Management LLC Custodian | $347.68K | 0.86% | 2026-06-30 |
| 9 | CAPSTONE INVESTMENT ADVISORS, LLC | $295.53K | 0.73% | 2026-06-30 |
| 10 | Walleye Capital LLC | $295.53K | 0.73% | 2026-06-30 |
| 11 | Parallax Volatility Advisers, L.P. | $278.14K | 0.69% | 2026-06-30 |
| 12 | Walleye Trading LLC | $69.54K | 0.17% | 2026-06-30 |
NTRS Insider Trading (Form 4)
Latest: 2026-10-21Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-21 | Rima Qureshi | Director | Award (A) | +495 | — | EDGAR | |
| 2026-10-20 | Alexandria Taylor | Chief Administrative Officer | Tax (F) | −3,823 | $165.40 | -$632.3K | EDGAR |
| 2026-10-02 | Chandra Dhandapani | Director | Award (A) | +237 | $169.34 | $40.2K | EDGAR |
| 2026-10-02 | Siddharth N Mehta | Director | Award (A) | +30 | $169.20 | $5.2K | EDGAR |
| 2026-10-02 | Donald Thompson | Director | Award (A) | +366 | $169.30 | $62.1K | EDGAR |
| 2026-10-02 | Marcy S Klevorn | Director | Award (A) | +65 | $169.20 | $11.1K | EDGAR |
| 2026-10-02 | Susan Crown | Director | Award (A) | +86 | $169.20 | $14.7K | EDGAR |
| 2026-10-02 | Richard Petrino | Director | Award (A) | +6 | $169.20 | $1.0K | EDGAR |
| 2026-10-02 | Charles A Tribbett | Director | Award (A) | +80 | $169.20 | $13.6K | EDGAR |
| 2026-10-02 | Martin P Slark | Director | Award (A) | +70 | $169.20 | $12.0K | EDGAR |
| 2026-10-02 | Dean M Harrison | Director | Award (A) | +417 | $169.30 | $70.6K | EDGAR |
| 2026-09-03 | Michael Hunstad | President/Asset Management | Tax (F) | −622 | $183.86 | -$114.4K | EDGAR |
| 2026-08-25 | Thomas A South | Executive Vice President | Sell (S) | −1,800 | $184.90 | -$332.8K | EDGAR |
| 2026-08-04 | David Byron Smith Jr | Director | Gift (G) | +1,120 | — | EDGAR | |
| 2026-07-30 | Robert Edward Moritz Jr. | Director | Buy (P) | +255 | $179.57 | $45.8K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
NTRS Insider Holdings
14 insiders · @ $165.82
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Thomas A South | Executive Vice President | 97,233 | $16.12M | -$332.8K | 1 | 2026-08-25 |
| 2 | Alexandria Taylor | Chief Administrative Officer | 43,628 | $7.23M | $0 | 1 | 2026-10-20 |
| 3 | Charles A Tribbett | Director | 40,672 | $6.74M | $0 | 42 | 2026-10-02 |
| 4 | Dean M Harrison | Director | 36,321 | $6.02M | $0 | 4 | 2026-10-02 |
| 5 | Donald Thompson | Director | 33,787 | $5.60M | $0 | 2 | 2026-10-02 |
| 6 | Martin P Slark | Director | 27,236 | $4.52M | $0 | 7 | 2026-10-02 |
| 7 | Michael Hunstad | President/Asset Management | 25,223 | $4.18M | $0 | 1 | 2026-09-03 |
| 8 | Susan Crown | Director | 22,400 | $3.71M | $539.8K | 34 | 2026-10-02 |
| 9 | Marcy S Klevorn | Director | 13,625 | $2.26M | $0 | 2 | 2026-10-02 |
| 10 | Siddharth N Mehta | Director | 12,518 | $2.08M | $0 | 2 | 2026-10-02 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
NTRS Board & Officers
As of SEC filings through Oct 21, 2026Directors 15
- Charles A Tribbett · on file since 2006
- Linda Bynoe · since Apr 18, 2006
- Susan Crown · on file since Apr 2006
- David Byron Smith Jr · since Apr 20, 2010
- Martin P Slark · since Apr 19, 2011
- Dean M Harrison · since Jan 1, 2015
- Donald Thompson · since Mar 6, 2015
- Jay L Henderson · since Jul 18, 2016
- Marcy S Klevorn · since Jan 22, 2019
- Siddharth N Mehta · since Jan 22, 2019
- Michael O'Grady · listed since Jan 2020
- Chandra Dhandapani · since May 29, 2024
- Richard Petrino · since Jan 22, 2025
- Robert Edward Moritz Jr. · since Mar 1, 2025
- Rima Qureshi · since Oct 20, 2026
Officers 15
- Michael O'Grady · Chairman and CEO · listed since Jan 2022
- Thomas A South · Executive Vice President · since Sep 1, 2018
- Kelley Conway · Executive Vice President · since Oct 1, 2024
- Teresa Parker · President/Asset Servicing · listed since Oct 2024
- Jason J. Tyler · President/Wealth Management · listed since Jan 2025
- Aengus Hallinan · Executive Vice President · since May 19, 2025
- Michael Hunstad · President/Asset Management · since Sep 3, 2025
- Guy Gibson · Co-President Asset Servicing · since Jan 1, 2026
- Clive Bellows · Co-President Asset Servicing · listed since Feb 2026
- David W Fox Jr · EVP & Chief Financial Officer · since Oct 1, 2024
- Peter Cherecwich · Chief Operating Officer · listed since Nov 2024
- Alexandria Taylor · Chief Administrative Officer · listed since Oct 2024
- Susan Cohen Levy · EVP and General Counsel · listed since Dec 2021
- John Landers · Controller · since Dec 6, 2023
- Steven L Fradkin · Vice Chairman · listed since Oct 2024
Changes in the last 10 years (53)
| Oct 20, 2026 | Rima Qureshi became a director |
| Feb 9, 2026 | Clive Bellows listed as Co-President Asset Servicing (previously Executive Vice President) in SEC filings |
| Jan 1, 2026 | Guy Gibson became Co-President Asset Servicing |
| Sep 3, 2025 | Michael Hunstad became President/Asset Management |
| May 19, 2025 | Aengus Hallinan became Executive Vice President |
| Mar 1, 2025 | Robert Edward Moritz Jr. became a director |
| Jan 31, 2025 | Jason J. Tyler listed as President/Wealth Management (previously EVP & Chief Financial Officer) in SEC filings |
| Jan 22, 2025 | Richard Petrino became a director |
| Nov 7, 2024 | Peter Cherecwich listed as Chief Operating Officer (previously President/Asset Servicing) in SEC filings |
| Oct 29, 2024 | Steven L Fradkin listed as Vice Chairman (previously President/Wealth Management) in SEC filings |
| Oct 21, 2024 | Alexandria Taylor listed as Chief Administrative Officer (previously Chief Human Resources Officer) in SEC filings |
| Oct 10, 2024 | Teresa Parker first listed as President/Asset Servicing in an SEC filing |
| Oct 1, 2024 | Kelley Conway became Executive Vice President |
| Oct 1, 2024 | David W Fox Jr became EVP & Chief Financial Officer |
| Aug 12, 2024 | Teresa Parker reported in an SEC filing no longer being Executive Vice President |
| Aug 9, 2024 | Clive Bellows became Executive Vice President |
| May 29, 2024 | Chandra Dhandapani became a director |
| Dec 14, 2023 | Jane Karpinski listed as Executive Vice President (previously Executive VP & Controller) in SEC filings |
| Dec 6, 2023 | John Landers became Controller |
| Apr 3, 2023 | Daniel Gamba became President / Asset Management |
| Dec 7, 2022 | Peter Cherecwich listed as President/Asset Servicing (previously President/C&IS) in SEC filings |
| Oct 17, 2022 | Alexandria Taylor became Chief Human Resources Officer |
| May 3, 2022 | The company announced the departure of Shundrawn A Thomas as President / Asset Management in an SEC filing |
| Jan 20, 2022 | Michael O'Grady listed as Chairman and CEO (previously Chairman, President and CEO) in SEC filings |
| Dec 7, 2021 | Susan Cohen Levy listed as EVP and General Counsel (previously EVP, Gen Counsel & Corp Sec) in SEC filings |
| Dec 1, 2020 | Lauren E Allnutt listed as EVP & Controller (previously SVP & Controller) in SEC filings |
| Feb 1, 2020 | Mark C Gossett became Executive Vice President |
| Jan 22, 2020 | Michael O'Grady listed as Chairman, President and CEO (previously President and CEO) in SEC filings |
| Jan 22, 2020 | Michael O'Grady first listed as a director in an SEC filing |
| Jan 1, 2020 | Jason J. Tyler became EVP & Chief Financial Officer |
| May 1, 2019 | Lauren E Allnutt became SVP & Controller |
| Feb 13, 2019 | Frederick H Waddell reported in an SEC filing no longer being a director |
| Feb 13, 2019 | Frederick H Waddell reported in an SEC filing no longer being Chairman |
| Jan 24, 2019 | Michael O'Grady no longer listed as a director in SEC filings |
| Jan 22, 2019 | Siddharth N Mehta became a director |
| Jan 22, 2019 | Marcy S Klevorn became a director |
| Dec 11, 2018 | Susan Cohen Levy listed as EVP, Gen Counsel & Corp Sec (previously Executive VP & General Counsel) in SEC filings |
| Dec 11, 2018 | Biff Bowman listed as EVP & Chief Financial Officer (previously Chief Financial Officer) in SEC filings |
| Sep 1, 2018 | Thomas A South became Executive Vice President |
| Jan 25, 2018 | Michael O'Grady listed as President and CEO (previously President) in SEC filings |
| Jan 25, 2018 | Frederick H Waddell listed as Chairman (previously Chairman and CEO) in SEC filings |
| Oct 27, 2017 | Stephen N Potter listed as Vice Chairman (previously President / Asset Management) in SEC filings |
| Oct 1, 2017 | Shundrawn A Thomas became President / Asset Management |
| Jun 6, 2017 | Teresa Parker became Executive Vice President |
| May 15, 2017 | Aileen B Blake first listed as EVP and Controller in an SEC filing |
| Feb 14, 2017 | Wilson Leech listed as EVP/Chief Risk Officer (previously Executive Vice President) in SEC filings |
| Feb 14, 2017 | Peter Cherecwich listed as President/C&IS (previously EVP, Global Fund Services) in SEC filings |
| Feb 14, 2017 | Michael O'Grady listed as President (previously President / C&IS) in SEC filings |
| Feb 14, 2017 | Jeffrey D. Cohodes listed as Executive Vice President (previously EVP/Chief Risk Officer) in SEC filings |
| Jan 18, 2017 | Michael O'Grady first listed as a director in an SEC filing |
| Jan 18, 2017 | Frederick H Waddell listed as Chairman and CEO (previously Chairman, President and CEO) in SEC filings |
| Dec 12, 2016 | Jane Karpinski listed as Executive VP & Controller (previously Senior VP & Controller) in SEC filings |
| Nov 4, 2016 | Frederick H Waddell listed as Chairman, President and CEO (previously Chairman and CEO) in SEC filings |
Not reported recently (18)
- Daniel Gamba · Last reported as President / Asset Management in an SEC filing dated Apr 7, 2025
- Jane Karpinski · Last reported as Executive Vice President in an SEC filing dated Mar 4, 2025
- Mark C Gossett · Last reported as Executive Vice President in an SEC filing dated Mar 4, 2025
- Becerra Jose Luis Prado · Last reported as a director in an SEC filing dated Apr 2, 2024
- Lauren E Allnutt · Last reported as EVP & Controller in an SEC filing dated Mar 13, 2023
- Joyce St Clair · Last reported as Executive Vice President in an SEC filing dated Mar 3, 2022
- Thomas E Richards · Last reported as a director in an SEC filing dated Oct 4, 2021
- Robert P Browne · Last reported as EVP & Chief Investment Officer in an SEC filing dated May 7, 2021
- Wilson Leech · Last reported as EVP/Chief Risk Officer in an SEC filing dated Jan 22, 2020
- Biff Bowman · Last reported as EVP & Chief Financial Officer in an SEC filing dated Dec 16, 2019
- John W Rowe · Last reported as a director in an SEC filing dated Apr 25, 2019
- Aileen B Blake · Last reported as EVP and Controller in an SEC filing dated Mar 5, 2019
- Stephen N Potter · Last reported as Vice Chairman in an SEC filing dated Dec 17, 2018
- William L Morrison · Last reported as Vice Chairman in an SEC filing dated Dec 11, 2018
- Jana R Schreuder · Last reported as COO in an SEC filing dated Aug 6, 2018
- Jeffrey D. Cohodes · Last reported as Executive Vice President in an SEC filing dated May 8, 2018
- Susan Gillian Pembleton · Last reported as EVP, Human Resources in an SEC filing dated Feb 27, 2018
- Dipak C Jain · Last reported as a director in an SEC filing dated Apr 3, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
NTRS Proposed Insider Sales (Form 144)
Latest: 2026-08-19
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $334K notice value
· 1 unique filer
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Thomas A South (1, $334K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-19 | Thomas A South | Affiliate | 1,800 | $333.7K | 2026-08-20 | Northern Trust Securities, Inc. | — | EDGAR |
| 2026-06-03 | Hallinan Aengus | Officer | 3,668 | $613.9K | 2026-06-03 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-04-28 | David W. Fox Jr | Affiliate | 20,000 | $3.36M | 2026-04-29 | Northern Trust Securities, Inc. | — | EDGAR |
| 2026-04-24 | Bellows Clive | Officer | 2,800 | $462.1K | 2026-04-24 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-03-05 | Gibson Guy | Officer | 3,009 | $428.5K | 2026-03-05 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-03-04 | Fox David W Jr | Officer | 3,255 | $468.3K | 2026-03-04 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-02-25 | Fox David W Jr | Officer | 1,450 | $208.9K | 2026-02-25 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-02-12 | Bellows Clive | Officer | 1,148 | $166.8K | 2026-02-12 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-02-12 | Gibson Guy | Officer | 1,043 | $153.8K | 2026-02-12 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-01-26 | Peter Cherecwich | Affiliate | 25,000 | $3.72M | 2026-01-26 | Northern Trust Securities, Inc. | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-04-30
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-22 | 0000073124-26-000031 | EDGAR |
| 2026-04-21 | 0000073124-26-000028 | EDGAR |
| 2026-04-21 | 0000073124-26-000029 | EDGAR |
| 2026-02-10 | 0000073124-26-000007 | EDGAR |
| 2026-01-22 | 0000073124-26-000005 | EDGAR |
| 2025-11-19 | 0001193125-25-288182 | EDGAR |
| 2025-10-22 | 0000073124-25-000244 | EDGAR |
| 2025-09-03 | 0000073124-25-000238 | EDGAR |
| 2025-07-28 | 0000073124-25-000232 | EDGAR |
| 2025-07-23 | 0000073124-25-000229 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-30 | 0000073124-26-000035 | EDGAR |
| 2025-10-30 | 0000073124-25-000247 | EDGAR |
| 2025-07-30 | 0000073124-25-000235 | EDGAR |
| 2025-04-30 | 0000073124-25-000187 | EDGAR |
| 2024-10-29 | 0000073124-24-000257 | EDGAR |
| 2024-08-01 | 0000073124-24-000206 | EDGAR |
| 2024-04-23 | 0000073124-24-000159 | EDGAR |
| 2023-10-31 | 0000073124-23-000196 | EDGAR |
| 2023-07-25 | 0000073124-23-000159 | EDGAR |
| 2023-05-02 | 0000073124-23-000130 | EDGAR |
ETF Holders
305 ETFs hold NTRS
25 shown · $5.38B total exposure · 0.08% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.04% | $934.1M | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.05% | $813.6M | — | 2026-09-30 |
| 3 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.29% | $630.3M | — | 2026-09-30 |
| 4 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.05% | $405.4M | $878.4B | 2026-10-21 |
| 5 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.05% | $374.7M | $820.7B | 2026-10-21 |
| 6 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.11% | $280.4M | — | 2026-09-30 |
| 7 | KBWB Invesco KBW Bank ETF | Invesco | 3.82% | $239.3M | — | 2026-10-21 |
| 8 | XLF State Street® Financial Select Sector SPDR® ETF | SPDR (State Street) | 0.39% | $202.4M | $52.3B | 2026-10-21 |
| 9 | VOE Vanguard Morningstar Mid-Cap Value ETF | Vanguard | 0.50% | $183.8M | — | 2026-09-30 |
| 10 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.18% | $177.4M | — | 2026-10-21 |
| 11 | FTCS First Trust Capital Strength® ETF | First Trust | 1.99% | $154.6M | $7.8B | 2026-10-21 |
| 12 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.22% | $126.9M | $57.2B | 2026-10-21 |
| 13 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.13% | $125.2M | — | 2026-09-30 |
| 14 | AVLV Avantis U.S. Large Cap Value ETF | Avantis | 0.47% | $106.3M | $22.3B | 2026-10-21 |
| 15 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.05% | $84.2M | $184.5B | 2026-10-21 |
| 16 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.09% | $83.3M | — | 2026-10-21 |
| 17 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.08% | $64.7M | $84.8B | 2026-10-21 |
| 18 | FMDE Fidelity Enhanced Mid Cap Core ETF | Fidelity | 0.69% | $59.1M | $8.6B | 2026-10-21 |
| 19 | SDVY First Trust SMID Cap Rising Dividend Achievers ETF | First Trust | 0.51% | $56.9M | $11.1B | 2026-10-21 |
| 20 | DGRO iShares Core Dividend Growth ETF | iShares (BlackRock) | 0.12% | $51.9M | $44.8B | 2026-10-21 |
| 21 | IVE iShares S&P 500 Value ETF | iShares (BlackRock) | 0.10% | $50.8M | $50.7B | 2026-10-21 |
| 22 | VFH Vanguard Financials ETF | Vanguard | 0.35% | $49.2M | — | 2026-09-30 |
| 23 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.28% | $43.7M | $15.7B | 2026-10-21 |
| 24 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.04% | $39.6M | $96.2B | 2026-10-21 |
| 25 | SPYV State Street® SPDR® Portfolio S&P 500® Value ETF | SPDR (State Street) | 0.10% | $38.7M | $38.4B | 2026-10-21 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
17.36
TTM Diluted EPS
$9.55
TTM Revenue
$14.57B
TTM Net Income
$1.84B
TTM Op. Cash Flow
$2.46B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $3.79B | $509.30M | $2.71 | $-320.00M |
| Q4 '25 | 2025-12-31 | $3.61B | $472.90M | $2.42 | $388.40M |
| Q3 '25 | 2025-09-30 | $3.58B | $437.20M | $2.29 | $525.80M |
| Q2 '25 | 2025-06-30 | $3.60B | $416.60M | $2.13 | $1.87B |
| Q1 '25 | 2025-03-31 | $3.51B | $375.80M | $1.90 | $2.75B |
| Q4 '24 | 2024-12-31 | $3.68B | $463.90M | $2.26 | $-2.63B |
| Q3 '24 | 2024-09-30 | $3.94B | $445.10M | $2.22 | $611.10M |
| Q2 '24 | 2024-06-30 | $4.70B | $891.40M | $4.34 | $2.99B |
| Q1 '24 | 2024-03-31 | $3.56B | $196.10M | $0.96 | $-1.45B |
| Q4 '23 | 2023-12-31 | $3.26B | $108.40M | $0.52 | $2.80B |
| Q3 '23 | 2023-09-30 | $3.21B | $311.60M | $1.49 | $86.70M |
| Q2 '23 | 2023-06-30 | $2.98B | $323.70M | $1.56 | $-99.40M |
Q1 2026 • period ending 2026-03-31 • filed 2026-04-30
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
17.36
P/B
2.44
P/S
2.17
EV/EBITDA
12.72
EV/Sales
2.20
ROE
14.1%
ROA
1.1%
Div Yield
2.09%
FCF Yield
7.79%
Debt/Equity
0.48
Current Ratio
—
Market Cap
$31.64B
as of 2026-10-22
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
3.77M
SI % of Float
2.14%
Days to Cover
3.50
Short Vol Ratio
77.8%
Free Float
175.95M
Float %
96.2%
Short interest 2026-09-30 • Short volume 2026-10-22 • Float 2026-08-24