Morningstar MORN Peer Comparison

NASDAQ MORN
$198.09 -2.44 (-1.22%)
As of: Sep 9, 2026 · 3:59 PM EDT
Peer Comparison

300 Comparable Companies

Industry Financial Data and Analytics

Morningstar, Inc. (MORN) is the 100th largest of 300 Financial Data and Analytics companies by market capitalisation, at 7.50 Bn, behind Valley National Bancorp at 7.61 Bn. It trades on a P/E of 17.76, 38% above the peer median of 12.91. The table below compares all 300 on 8 financial metrics.

Download Data
# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 SPGI S&P Global Inc. primary F-23 Financial Data FG-06 124.03 Bn 0.00 Mn 7.69 119.89 Bn
2 MCO Moodys Corp /De/ primary F-23 Financial Data FG-06 82.83 Bn 0.00 Mn 10.15 81.34 Bn
3 MSCI MSCI Inc. primary F-23 Financial Data FG-06 40.50 Bn 0.00 Mn 12.15 40.15 Bn
4 VRSK Verisk Analytics, Inc. primary F-23 Financial Data FG-06 23.26 Bn 0.00 Mn 7.42 22.71 Bn
5 FDS Factset Research Systems Inc primary F-23 Financial Data FG-06 10.11 Bn 0.00 Mn 4.15 9.81 Bn
6 MORN Morningstar, Inc. primary F-23 Financial Data FG-06 7.50 Bn 0.00 Mn 2.92 6.97 Bn
7 BACRP Bank Of America Corp /De/ secondary F-02 Banking FG-01 2,145.36 Bn 0.00 Mn 17.72 1,556.87 Bn
8 BSAC Banco Santander Chile secondary F-01 Banking FG-01 950.85 Bn 0.00 Mn — 950.85 Bn
9 MA Mastercard Inc secondary F-25 Payments FG-07 501.67 Bn 0.00 Mn 14.30 488.19 Bn
10 MS Morgan Stanley secondary F-02 Banking FG-01 335.03 Bn 0.00 Mn 4.29 174.89 Bn
11 MBFJF Mitsubishi Ufj Financial Group Inc secondary F-02 Banking FG-01 296.69 Bn 0.00 Mn 5.61 -87.63 Bn
12 RY Royal Bank Of Canada secondary F-02 Banking FG-01 291.49 Bn 0.00 Mn 5.67 64.61 Bn
13 BCDRF Banco Santander, S.A. secondary F-02 Banking FG-01 214.76 Bn 0.00 Mn 1.24 222.37 Bn
14 TD Toronto Dominion Bank secondary F-02 Banking FG-01 205.88 Bn 0.00 Mn 4.40 44.55 Bn
15 SCHW Schwab Charles Corp secondary F-02 Banking FG-01 185.06 Bn 0.00 Mn 7.11 111.46 Bn
16 UBS UBS Group AG secondary F-02 Banking FG-01 173.21 Bn 0.00 Mn 7.52 173.21 Bn
17 BBVA Banco Bilbao Vizcaya Argentaria, S.A. secondary F-02 Banking FG-01 167.33 Bn 0.00 Mn — 167.33 Bn
18 BLK BlackRock, Inc. secondary F-09 Asset and Wealth Management FG-03 166.84 Bn 0.00 Mn 6.11 152.97 Bn
19 IFED Ubs Ag secondary F-02 Banking FG-01 156.53 Bn — 7.87 156.53 Bn
20 GLD Spdr Gold Trust secondary F-09 Asset and Wealth Management FG-03 146.01 Bn 0.00 Mn — -412.00 Bn
21 LLOBF Lloyds Banking Group plc secondary F-02 Banking FG-01 118.36 Bn 0.00 Mn 3.49 118.67 Bn
22 BNY Bank of New York Mellon Corp secondary F-21 Capital Markets FG-05 111.91 Bn 0.00 Mn 5.24 50.68 Bn
23 ING Ing Groep Nv secondary F-02 Banking FG-01 109.65 Bn 0.00 Mn 3.03 34.15 Bn
24 CM Canadian Imperial Bank Of Commerce /Can/ secondary F-02 Banking FG-01 107.53 Bn 0.00 Mn 4.60 96.54 Bn
25 ADP Automatic Data Processing Inc secondary T-21 Business Applications TG-03 106.70 Bn 0.00 Mn 4.86 102.47 Bn
26 AMJB Jpmorgan Chase & Co secondary F-02 Banking FG-01 101.86 Bn 0.00 Mn 0.51 101.86 Bn
27 SMFG Sumitomo Mitsui Financial Group, Inc. secondary F-02 Banking FG-01 101.25 Bn 0.00 Mn -90.47 101.25 Bn
28 CME Cme Group Inc. secondary F-20 Capital Markets FG-05 99.04 Bn 0.00 Mn 14.62 99.04 Bn
29 PNC Pnc Financial Services Group, Inc. secondary F-02 Banking FG-01 96.92 Bn 0.00 Mn 3.87 96.92 Bn
30 USB Us Bancorp \De\ secondary F-02 Banking FG-01 96.60 Bn 0.00 Mn 3.27 96.60 Bn
31 ICE Intercontinental Exchange, Inc. secondary F-20 Capital Markets FG-05 88.45 Bn 0.00 Mn 6.59 86.50 Bn
32 INTU Intuit Inc. secondary T-18 Business Applications TG-03 86.55 Bn 0.00 Mn 4.14 79.77 Bn
33 MRSH Marsh & Mclennan Companies, Inc. secondary F-16 Insurance FG-04 85.01 Bn 0.00 Mn 3.04 72.80 Bn
34 DB Deutsche Bank Aktiengesellschaft secondary F-02 Banking FG-01 79.50 Bn 0.00 Mn 2.13 79.50 Bn
35 BAM Brookfield Asset Management Ltd. secondary F-11 Asset and Wealth Management FG-03 76.45 Bn 0.00 Mn 13.32 74.94 Bn
36 GGAL Grupo Financiero Galicia Sa secondary F-02 Banking FG-01 71.59 Bn 0.00 Mn — 71.59 Bn
37 MET Metlife Inc secondary F-12 Insurance FG-04 61.57 Bn 0.00 Mn 0.78 34.25 Bn
38 NDAQ Nasdaq, Inc. secondary F-20 Capital Markets FG-05 53.21 Bn 0.00 Mn 6.08 52.49 Bn
39 AMP Ameriprise Financial Inc secondary F-10 Asset and Wealth Management FG-03 50.71 Bn 0.00 Mn 2.56 39.66 Bn
40 FITB Fifth Third Bancorp secondary F-01 Banking FG-01 49.43 Bn 0.00 Mn 4.87 25.71 Bn
41 HIG Hartford Insurance Group, Inc. secondary F-13 Insurance FG-04 37.33 Bn 0.00 Mn 1.28 21.02 Bn
42 MTB M&T Bank Corp secondary F-01 Banking FG-01 34.72 Bn 0.00 Mn 3.49 34.72 Bn
43 RJF Raymond James Financial Inc secondary F-02 Banking FG-01 34.11 Bn 0.00 Mn 2.01 20.85 Bn
44 NTRS Northern Trust Corp secondary F-21 Capital Markets FG-05 34.01 Bn 0.00 Mn 6.46 34.01 Bn
45 HBAN Huntington Bancshares Inc /Md/ secondary F-01 Banking FG-01 33.60 Bn 0.00 Mn 3.46 29.07 Bn
46 IAU Ishares Gold Trust secondary F-09 Asset and Wealth Management FG-03 30.54 Bn 0.00 Mn — -29.57 Bn
47 CBOE Cboe Global Markets, Inc. secondary F-20 Capital Markets FG-05 30.51 Bn 0.00 Mn 6.03 28.12 Bn
48 ARES Ares Management Corp secondary F-11 Asset and Wealth Management FG-03 30.49 Bn 0.00 Mn 5.09 30.49 Bn
49 BAP Credicorp Ltd secondary F-02 Banking FG-01 29.80 Bn 0.00 Mn — 29.80 Bn
50 GLDM World Gold Trust secondary F-09 Asset and Wealth Management FG-03 29.53 Bn 0.00 Mn — -73.54 Bn
51 CFG Citizens Financial Group Inc/Ri secondary F-01 Banking FG-01 29.31 Bn 0.00 Mn 3.36 29.31 Bn
52 LPLA LPL Financial Holdings Inc. secondary F-19 Capital Markets FG-05 27.92 Bn 0.00 Mn 1.42 25.22 Bn
53 RF Regions Financial Corp secondary F-01 Banking FG-01 25.53 Bn 0.00 Mn 3.35 25.53 Bn
54 MNUFF Manulife Financial Corp secondary F-12 Insurance FG-04 24.69 Bn 0.00 Mn 0.52 25.90 Bn
55 FCNCA First Citizens Bancshares Inc /De/ secondary F-01 Banking FG-01 24.60 Bn 0.00 Mn 89.45 24.07 Bn
56 PFG Principal Financial Group Inc secondary F-09 Asset and Wealth Management FG-03 24.58 Bn 0.00 Mn 1.57 -28.39 Bn
57 AER AerCap Holdings N.V. secondary I-01 Aerospace and Defense IG-01 24.34 Bn 0.00 Mn 2.72 24.34 Bn
58 KEY Keycorp /New/ secondary F-01 Banking FG-01 23.26 Bn 0.00 Mn 2.99 -24.44 Bn
59 SLV iShares Silver Trust secondary F-09 Asset and Wealth Management FG-03 22.65 Bn 0.00 Mn — -5.56 Bn
60 FICO Fair Isaac Corp secondary T-23 Business Applications TG-03 22.24 Bn 0.00 Mn 9.29 21.99 Bn
61 TW Tradeweb Markets Inc. secondary F-20 Capital Markets FG-05 21.83 Bn 0.00 Mn 9.90 19.78 Bn
62 EFX Equifax Inc secondary F-24 Financial Data FG-06 20.01 Bn 0.00 Mn 3.10 19.84 Bn
63 WF Woori Financial Group Inc. secondary F-02 Banking FG-01 18.18 Bn 0.00 Mn 22.17 -7.32 Bn
64 EWBC East West Bancorp Inc secondary F-01 Banking FG-01 17.62 Bn 0.00 Mn 5.68 12.53 Bn
65 BEN Franklin Resources Inc secondary F-09 Asset and Wealth Management FG-03 17.60 Bn 0.00 Mn 1.89 13.88 Bn
66 CBSH Commerce Bancshares Inc /Mo/ secondary F-01 Banking FG-01 16.74 Bn 0.00 Mn 8.97 16.53 Bn
67 FUTU Futu Holdings Ltd secondary F-19 Capital Markets FG-05 16.32 Bn 0.00 Mn 4.92 -3.37 Bn
68 PNFP Pinnacle Financial Partners, Inc. secondary F-01 Banking FG-01 14.98 Bn 0.00 Mn 13.44 7.33 Bn
69 TRU TransUnion secondary F-24 Financial Data FG-06 14.89 Bn 0.00 Mn 3.04 14.05 Bn
70 EQH Equitable Holdings, Inc. secondary F-12 Insurance FG-04 14.57 Bn 0.00 Mn 1.37 -4.36 Bn
71 IVZ Invesco Ltd. secondary F-09 Asset and Wealth Management FG-03 14.52 Bn 0.00 Mn 2.10 13.60 Bn
72 MFG Mizuho Financial Group Inc secondary F-02 Banking FG-01 13.60 Bn 0.00 Mn 1.30 -275.88 Bn
73 TIGR UP Fintech Holding Ltd secondary F-19 Capital Markets FG-05 13.32 Bn 0.00 Mn 19.37 13.32 Bn
74 WBS WEBSTER FINANCIAL CORP secondary F-01 Banking FG-01 12.57 Bn 0.00 Mn 6.92 12.57 Bn
75 SF Stifel Financial Corp secondary F-02 Banking FG-01 12.42 Bn 0.00 Mn 1.86 8.53 Bn
76 FHN First Horizon Corp secondary F-01 Banking FG-01 11.65 Bn 0.00 Mn 7.49 4.45 Bn
77 ERIE Erie Indemnity Co secondary F-16 Insurance FG-04 11.26 Bn 0.00 Mn 2.73 10.91 Bn
78 EVR Evercore Inc. secondary F-17 Capital Markets FG-05 11.15 Bn 0.00 Mn 2.35 8.74 Bn
79 UMBF Umb Financial Corp secondary F-01 Banking FG-01 10.72 Bn 0.00 Mn 3.68 -1.20 Bn
80 SSB SouthState Bank Corp secondary F-01 Banking FG-01 10.25 Bn 0.00 Mn 35.78 7.88 Bn
81 WTFC Wintrust Financial Corp secondary F-01 Banking FG-01 10.15 Bn 0.00 Mn 3.54 -62.03 Bn
82 BMA Macro Bank Inc. secondary F-01 Banking FG-01 10.14 Bn 0.00 Mn — 10.14 Bn
83 CFR Cullen/Frost Bankers, Inc. secondary F-01 Banking FG-01 10.12 Bn 0.00 Mn 77.74 3.61 Bn
84 XP XP Inc. secondary F-19 Capital Markets FG-05 10.04 Bn 0.00 Mn 6.31 5.19 Bn
85 ZION Zions Bancorporation, National Association /Ut/ secondary F-01 Banking FG-01 9.95 Bn 0.00 Mn 2.66 9.33 Bn
86 JXN Jackson Financial Inc. secondary F-12 Insurance FG-04 9.70 Bn 0.00 Mn 1.50 3.72 Bn
87 ONB Old National Bancorp /In/ secondary F-01 Banking FG-01 9.69 Bn 0.00 Mn 3.43 7.79 Bn
88 CRBD Corebridge Financial, Inc. secondary F-12 Insurance FG-04 9.42 Bn 0.00 Mn 0.47 -296.20 Bn
89 AMG Affiliated Managers Group, Inc. secondary F-09 Asset and Wealth Management FG-03 9.42 Bn 0.00 Mn 4.15 9.01 Bn
90 VOYA Voya Financial, Inc. secondary F-09 Asset and Wealth Management FG-03 9.29 Bn 0.00 Mn 1.14 6.93 Bn
91 BBAR Banco BBVA Argentina S.A. secondary F-01 Banking FG-01 9.28 Bn 0.00 Mn — -5,470.29 Bn
92 PRI Primerica, Inc. secondary F-12 Insurance FG-04 9.00 Bn 0.00 Mn 2.62 8.37 Bn
93 SLFIF Sun Life Financial Inc secondary F-12 Insurance FG-04 8.56 Bn 0.00 Mn — 3.96 Bn
94 COLB Columbia Banking System, Inc. secondary F-01 Banking FG-01 8.52 Bn 0.00 Mn 47.08 6.75 Bn
95 LNC Lincoln National Corp secondary F-12 Insurance FG-04 8.43 Bn 0.00 Mn 0.44 -3.25 Bn
96 BOKF Bok Financial Corp secondary F-01 Banking FG-01 8.07 Bn 0.00 Mn 3.54 -12.18 Bn
97 SNEX StoneX Group Inc. secondary F-18 Capital Markets FG-05 8.03 Bn 0.00 Mn 0.05 -0.43 Bn
98 HQY Healthequity, Inc. secondary F-21 Capital Markets FG-05 7.72 Bn 0.00 Mn 5.67 7.47 Bn
99 CBC Central Bancompany, Inc. secondary F-01 Banking FG-01 7.68 Bn 0.00 Mn 102.53 7.68 Bn
100 VLY Valley National Bancorp secondary F-01 Banking FG-01 7.61 Bn 0.00 Mn 105.76 7.27 Bn
101 FAF First American Financial Corp secondary F-14 Insurance FG-04 7.35 Bn 0.00 Mn 0.92 4.23 Bn
102 PB Prosperity Bancshares Inc secondary F-01 Banking FG-01 7.18 Bn 0.00 Mn 5.16 5.49 Bn
103 VCTR Victory Capital Holdings, Inc. secondary F-09 Asset and Wealth Management FG-03 6.94 Bn 0.00 Mn 4.45 6.87 Bn
104 FNB Fnb Corp/Pa/ secondary F-01 Banking FG-01 6.49 Bn 0.00 Mn 3.55 4.11 Bn
105 UBSI United Bankshares Inc/Wv secondary F-01 Banking FG-01 6.46 Bn 0.00 Mn 162.92 4.35 Bn
106 IFS Intercorp Financial Services Inc. secondary F-02 Banking FG-01 6.10 Bn 0.00 Mn — 6.10 Bn
107 HWC Hancock Whitney Corp secondary F-01 Banking FG-01 6.02 Bn 0.00 Mn 58.61 5.35 Bn
108 HOMB Home Bancshares Inc secondary F-01 Banking FG-01 5.97 Bn 0.00 Mn 129.11 4.92 Bn
109 GBCI Glacier Bancorp, Inc. secondary F-01 Banking FG-01 5.94 Bn 0.00 Mn 4.98 -1.60 Bn
110 BGC BGC Group, Inc. secondary F-18 Capital Markets FG-05 5.79 Bn 0.00 Mn 1.76 5.01 Bn
111 MKTX Marketaxess Holdings Inc secondary F-20 Capital Markets FG-05 5.75 Bn 0.00 Mn 6.61 5.46 Bn
112 ASB Associated Banc-Corp secondary F-01 Banking FG-01 5.69 Bn 0.00 Mn 112.09 4.74 Bn
113 ABCB Ameris Bancorp secondary F-01 Banking FG-01 5.62 Bn 0.00 Mn 4.45 4.42 Bn
114 AUB Atlantic Union Bankshares Corp secondary F-01 Banking FG-01 5.61 Bn 0.00 Mn 3.64 4.52 Bn
115 MRX Marex Group Ltd secondary F-18 Capital Markets FG-05 5.40 Bn 0.00 Mn 2.21 5.40 Bn
116 PFH Prudential Financial Inc secondary F-12 Insurance FG-04 5.28 Bn 0.00 Mn 0.08 -26.64 Bn
117 PIPR Piper Sandler Companies secondary F-17 Capital Markets FG-05 5.22 Bn 0.00 Mn 2.46 4.92 Bn
118 EBC Eastern Bankshares, Inc. secondary F-01 Banking FG-01 5.00 Bn 0.00 Mn 4.45 4.66 Bn
119 FFIN First Financial Bankshares Inc secondary F-01 Banking FG-01 4.68 Bn 0.00 Mn 7.03 3.88 Bn
120 NNI Nelnet Inc secondary F-01 Banking FG-01 4.53 Bn 0.00 Mn 8.20 4.35 Bn
121 NWBI Northwest Bancshares, Inc. secondary F-01 Banking FG-01 4.50 Bn 0.00 Mn 6.39 1.79 Bn
122 FULT Fulton Financial Corp secondary F-01 Banking FG-01 4.48 Bn 0.00 Mn 15.47 3.22 Bn
123 FHI Federated Hermes, Inc. secondary F-09 Asset and Wealth Management FG-03 4.39 Bn 0.00 Mn 2.27 3.97 Bn
124 LAZ Lazard, Inc. secondary F-17 Capital Markets FG-05 4.34 Bn 0.00 Mn 1.31 3.24 Bn
125 AVAL Grupo Aval Acciones Y Valores S.A. secondary F-02 Banking FG-01 4.34 Bn 0.00 Mn 0.03 4.34 Bn
126 TCBI Texas Capital Bancshares Inc/Tx secondary F-01 Banking FG-01 4.25 Bn 0.00 Mn 3.20 -14.31 Bn
127 UCB United Community Banks Inc secondary F-01 Banking FG-01 4.21 Bn 0.00 Mn 3.79 3.67 Bn
128 HLNE Hamilton Lane INC secondary F-11 Asset and Wealth Management FG-03 4.12 Bn 0.00 Mn 4.80 3.78 Bn
129 CATY Cathay General Bancorp secondary F-01 Banking FG-01 4.11 Bn 0.00 Mn 148.81 0.36 Bn
130 WSFS Wsfs Financial Corp secondary F-01 Banking FG-01 4.09 Bn 0.00 Mn 21.89 1.52 Bn
131 MIAX Miami International Holdings, Inc. secondary F-20 Capital Markets FG-05 4.08 Bn 0.00 Mn 2.78 3.41 Bn
132 STEP StepStone Group Inc. secondary F-11 Asset and Wealth Management FG-03 4.01 Bn — — 3.10 Bn
133 CNS Cohen & Steers, Inc. secondary F-09 Asset and Wealth Management FG-03 3.96 Bn 0.00 Mn 4.68 3.90 Bn
134 INDB Independent Bank Corp secondary F-01 Banking FG-01 3.95 Bn 0.00 Mn 3.93 3.86 Bn
135 WSBC Wesbanco Inc secondary F-01 Banking FG-01 3.85 Bn 0.00 Mn 3.67 2.76 Bn
136 RNST Renasant Corp secondary F-01 Banking FG-01 3.70 Bn 0.00 Mn 3.38 2.82 Bn
137 CVBF Cvb Financial Corp secondary F-01 Banking FG-01 3.68 Bn 0.00 Mn 186.57 2.54 Bn
138 NIC Nicolet Bankshares Inc secondary F-01 Banking FG-01 3.61 Bn 0.00 Mn 94.57 3.15 Bn
139 WT WisdomTree, Inc. secondary F-09 Asset and Wealth Management FG-03 3.59 Bn 0.00 Mn 5.89 3.30 Bn
140 FIBK First Interstate Bancsystem Inc secondary F-01 Banking FG-01 3.55 Bn 0.00 Mn 3.32 2.39 Bn
141 BRBI BRBI BR Partners S.A. secondary F-17 Capital Markets FG-05 3.49 Bn 0.00 Mn 31.35 3.38 Bn
142 MCHB Mechanics Bancorp secondary F-01 Banking FG-01 3.43 Bn 0.00 Mn 64.49 2.82 Bn
143 PRK Park National Corp /Oh/ secondary F-01 Banking FG-01 3.40 Bn 0.00 Mn 645.68 1.55 Bn
144 AB Alliancebernstein Holding L.P. secondary F-09 Asset and Wealth Management FG-03 3.39 Bn — — 3.39 Bn
145 SII Sprott Inc. secondary F-09 Asset and Wealth Management FG-03 3.36 Bn 0.00 Mn 8.39 3.16 Bn
146 FFBC First Financial Bancorp /Oh/ secondary F-01 Banking FG-01 3.35 Bn 0.00 Mn 3.32 3.35 Bn
147 SFNC Simmons First National Corp secondary F-01 Banking FG-01 3.32 Bn 0.00 Mn 65.41 2.71 Bn
148 AAMI Acadian Asset Management Inc. secondary F-09 Asset and Wealth Management FG-03 3.30 Bn 0.00 Mn 4.94 3.24 Bn
149 CBU Community Financial System, Inc. secondary F-01 Banking FG-01 3.28 Bn 0.00 Mn 62.26 3.28 Bn
150 SBCF Seacoast Banking Corp Of Florida secondary F-01 Banking FG-01 3.27 Bn 0.00 Mn 563.19 2.84 Bn
151 FHB First Hawaiian, Inc. secondary F-01 Banking FG-01 3.11 Bn 0.00 Mn 52.13 3.11 Bn
152 PFS Provident Financial Services Inc secondary F-01 Banking FG-01 3.01 Bn 0.00 Mn 3.32 2.76 Bn
153 BOH Bank Of Hawaii Corp secondary F-01 Banking FG-01 2.98 Bn 0.00 Mn 3.92 -0.76 Bn
154 DBRG DigitalBridge Group, Inc. secondary F-11 Asset and Wealth Management FG-03 2.88 Bn 0.00 Mn 3.63 2.38 Bn
155 FBK FB Financial Corp secondary F-01 Banking FG-01 2.81 Bn 0.00 Mn 55.71 1.69 Bn
156 APAM Artisan Partners Asset Management Inc. secondary F-09 Asset and Wealth Management FG-03 2.68 Bn 0.00 Mn 2.15 2.34 Bn
157 AAAU Goldman Sachs Physical Gold ETF secondary F-09 Asset and Wealth Management FG-03 2.67 Bn — — 2.67 Bn
158 NBTB Nbt Bancorp Inc secondary F-01 Banking FG-01 2.66 Bn 0.00 Mn 3.58 2.26 Bn
159 TRMK Trustmark Corp secondary F-01 Banking FG-01 2.64 Bn 0.00 Mn 3.23 2.64 Bn
160 BBT Beacon Financial Corp secondary F-01 Banking FG-01 2.61 Bn 0.00 Mn 82.24 1.39 Bn
161 BUSE First Busey Corp /Nv/ secondary F-01 Banking FG-01 2.55 Bn 0.00 Mn 34.16 1.87 Bn
162 NTB Bank of N.T. Butterfield & Son Ltd secondary F-01 Banking FG-01 2.50 Bn 0.00 Mn 4.00 0.20 Bn
163 WAFD Wafd Inc secondary F-01 Banking FG-01 2.50 Bn 0.00 Mn 78.92 1.82 Bn
164 MBIN Merchants Bancorp secondary F-01 Banking FG-01 2.41 Bn 0.00 Mn 3.38 1.57 Bn
165 DJT Trump Media & Technology Group Corp. secondary T-47 Internet Platforms TG-08 2.41 Bn 0.00 Mn -495.94 2.41 Bn
166 SYBT Stock Yards Bancorp, Inc. secondary F-01 Banking FG-01 2.35 Bn 0.00 Mn 51.67 1.51 Bn
167 FIISO Financial Institutions Inc secondary F-01 Banking FG-01 2.28 Bn 0.00 Mn 17.95 2.16 Bn
168 USO United States Oil Fund, LP secondary F-09 Asset and Wealth Management FG-03 2.21 Bn — 1.55 0.86 Bn
169 OFG Ofg Bancorp secondary F-01 Banking FG-01 2.20 Bn 0.00 Mn 2.95 1.46 Bn
170 GSG iShares S&P GSCI Commodity-Indexed Trust secondary F-09 Asset and Wealth Management FG-03 2.20 Bn 0.00 Mn 55.71 0.60 Bn
171 FCF First Commonwealth Financial Corp /Pa/ secondary F-01 Banking FG-01 2.13 Bn 0.00 Mn 3.89 2.13 Bn
172 SRCE 1St Source Corp secondary F-01 Banking FG-01 2.07 Bn 0.00 Mn 69.78 2.07 Bn
173 STC Stewart Information Services Corp secondary F-14 Insurance FG-04 2.05 Bn 0.00 Mn 0.63 1.74 Bn
174 CHCO City Holding Co secondary F-01 Banking FG-01 2.02 Bn 0.00 Mn 26.83 1.75 Bn
175 FSUN Firstsun Capital Bancorp secondary F-01 Banking FG-01 1.87 Bn 0.00 Mn 3.65 0.88 Bn
176 NBHC National Bank Holdings Corp secondary F-01 Banking FG-01 1.84 Bn 0.00 Mn 38.03 1.46 Bn
177 PRCH Porch Group, Inc. secondary F-13 Insurance FG-04 1.82 Bn 0.00 Mn 3.49 1.62 Bn
178 STBA S&T Bancorp Inc secondary F-01 Banking FG-01 1.77 Bn 0.00 Mn 95.64 0.54 Bn
179 PAX Patria Investments Ltd secondary F-11 Asset and Wealth Management FG-03 1.73 Bn 0.00 Mn 55.78 1.56 Bn
180 BFC Bank First Corp secondary F-01 Banking FG-01 1.72 Bn 0.00 Mn 7.87 1.10 Bn
181 BY Byline Bancorp, Inc. secondary F-01 Banking FG-01 1.69 Bn 0.00 Mn 3.65 1.47 Bn
182 QCRH Qcr Holdings Inc secondary F-01 Banking FG-01 1.67 Bn 0.00 Mn 10.52 0.85 Bn
183 TFIN Triumph Financial, Inc. secondary F-01 Banking FG-01 1.57 Bn 0.00 Mn 27.59 0.67 Bn
184 FRMEP First Merchants Corp secondary F-01 Banking FG-01 1.56 Bn 0.00 Mn 41.53 1.56 Bn
185 LKFN Lakeland Financial Corp secondary F-01 Banking FG-01 1.51 Bn 0.00 Mn 5.40 1.31 Bn
186 BAR GraniteShares Gold Trust secondary F-09 Asset and Wealth Management FG-03 1.50 Bn — — -4.21 Bn
187 WLTH Wealthfront Corp secondary F-09 Asset and Wealth Management FG-03 1.43 Bn 0.00 Mn 3.94 1.01 Bn
188 AMAL Amalgamated Financial Corp. secondary F-01 Banking FG-01 1.43 Bn 0.00 Mn 3.95 1.26 Bn
189 TMP Tompkins Financial Corp secondary F-01 Banking FG-01 1.40 Bn 0.00 Mn 3.07 1.40 Bn
190 PEBO Peoples Bancorp Inc secondary F-01 Banking FG-01 1.38 Bn 0.00 Mn 54.63 1.20 Bn
191 CTBI Community Trust Bancorp Inc /Ky/ secondary F-01 Banking FG-01 1.38 Bn 0.00 Mn 4.61 0.86 Bn
192 WABC Westamerica Bancorporation secondary F-01 Banking FG-01 1.36 Bn 0.00 Mn 102.00 -0.78 Bn
193 FMBH First Mid Bancshares, Inc. secondary F-01 Banking FG-01 1.34 Bn 0.00 Mn 3.48 1.03 Bn
194 HBT HBT Financial, Inc. secondary F-01 Banking FG-01 1.32 Bn 0.00 Mn 92.91 1.18 Bn
195 OPY Oppenheimer Holdings Inc secondary F-17 Capital Markets FG-05 1.31 Bn 0.00 Mn 0.73 -0.26 Bn
196 OCFC Oceanfirst Financial Corp secondary F-01 Banking FG-01 1.31 Bn 0.00 Mn 91.13 1.31 Bn
197 BHRB Burke & Herbert Financial Services Corp. secondary F-01 Banking FG-01 1.31 Bn 0.00 Mn 109.64 1.14 Bn
198 OSBC Old Second Bancorp Inc secondary F-01 Banking FG-01 1.30 Bn 0.00 Mn 92.11 1.15 Bn
199 ASST Strive, Inc. secondary F-09 Asset and Wealth Management FG-03 1.18 Bn 0.00 Mn 4,532.77 1.11 Bn
200 UVSP UNIVEST FINANCIAL Corp secondary F-01 Banking FG-01 1.17 Bn 0.00 Mn 48.90 0.97 Bn
201 HFWA Heritage Financial Corp /Wa/ secondary F-01 Banking FG-01 1.16 Bn 0.00 Mn 195.37 0.96 Bn
202 CLBK Columbia Financial, Inc./MD/ secondary F-03 Banking FG-01 1.16 Bn 0.00 Mn 62.58 0.88 Bn
203 AMTB Amerant Bancorp Inc. secondary F-01 Banking FG-01 1.14 Bn 0.00 Mn 2.69 0.83 Bn
204 CFFN Capitol Federal Financial, Inc. secondary F-03 Banking FG-01 1.09 Bn 0.00 Mn 65.24 0.95 Bn
205 BTCK Teucrium Commodity Trust secondary F-09 Asset and Wealth Management FG-03 1.08 Bn 0.00 Mn 11.72 0.54 Bn
206 BITW Bitwise 10 Crypto Index ETF secondary F-09 Asset and Wealth Management FG-03 1.03 Bn — — 1.03 Bn
207 EQBK Equity Bancshares Inc secondary F-01 Banking FG-01 1.02 Bn 0.00 Mn 82.69 0.41 Bn
208 VRTS Virtus Investment Partners, Inc. secondary F-09 Asset and Wealth Management FG-03 1.02 Bn 0.00 Mn 1.23 0.84 Bn
209 BFST Business First Bancshares, Inc. secondary F-01 Banking FG-01 1.01 Bn 0.00 Mn 87.78 0.44 Bn
210 HBNC Horizon Bancorp Inc /In/ secondary F-01 Banking FG-01 1.00 Bn 0.00 Mn -76.80 0.78 Bn
211 TRST Trustco Bank Corp N Y secondary F-03 Banking FG-01 0.99 Bn 0.00 Mn 5.04 0.29 Bn
212 CPF Central Pacific Financial Corp secondary F-01 Banking FG-01 0.97 Bn 0.00 Mn 18.02 0.97 Bn
213 CAC Camden National Corp secondary F-01 Banking FG-01 0.97 Bn 0.00 Mn 61.88 0.97 Bn
214 SBSI Southside Bancshares Inc secondary F-01 Banking FG-01 0.95 Bn 0.00 Mn 3.86 0.56 Bn
215 BNO United States Brent Oil Fund, LP secondary F-09 Asset and Wealth Management FG-03 0.95 Bn — — 0.55 Bn
216 MPB Mid Penn Bancorp Inc secondary F-01 Banking FG-01 0.93 Bn 0.00 Mn 90.07 0.84 Bn
217 FMNB Farmers National Banc Corp /Oh/ secondary F-01 Banking FG-01 0.93 Bn 0.00 Mn 77.62 0.76 Bn
218 FCBC First Community Bankshares Inc /Va/ secondary F-01 Banking FG-01 0.89 Bn 0.00 Mn 51.01 0.15 Bn
219 CCBG Capital City Bank Group Inc secondary F-01 Banking FG-01 0.86 Bn 0.00 Mn 37.47 0.38 Bn
220 SPFI South Plains Financial, Inc. secondary F-01 Banking FG-01 0.86 Bn 0.00 Mn 3.78 0.07 Bn
221 ALRS Alerus Financial Corp secondary F-01 Banking FG-01 0.82 Bn 0.00 Mn 12.01 0.66 Bn
222 HBIA Hills Bancorporation secondary F-01 Banking FG-01 0.81 Bn 0.00 Mn 46.93 0.77 Bn
223 ORRF Orrstown Financial Services Inc secondary F-01 Banking FG-01 0.81 Bn 0.00 Mn 3.16 0.67 Bn
224 PGC Peapack Gladstone Financial Corp secondary F-01 Banking FG-01 0.81 Bn 0.00 Mn 2.55 0.81 Bn
225 SMBC Southern Missouri Bancorp, Inc. secondary F-01 Banking FG-01 0.80 Bn 0.00 Mn 4.08 0.61 Bn
226 SHBI Shore Bancshares Inc secondary F-01 Banking FG-01 0.77 Bn 0.00 Mn 3.27 0.52 Bn
227 WASH Washington Trust Bancorp Inc secondary F-01 Banking FG-01 0.75 Bn 0.00 Mn 3.21 0.70 Bn
228 BRK-B Berkshire Hathaway Inc secondary F-13 Insurance FG-04 0.73 Bn 0.00 Mn 0.00 -326.25 Bn
229 PFIS Peoples Financial Services Corp. secondary F-01 Banking FG-01 0.71 Bn 0.00 Mn 53.99 0.22 Bn
230 MSBI Midland States Bancorp, Inc. secondary F-01 Banking FG-01 0.69 Bn 0.00 Mn 2.10 0.39 Bn
231 RRBI Red River Bancshares Inc secondary F-01 Banking FG-01 0.67 Bn 0.00 Mn 5.08 0.47 Bn
232 BHB Bar Harbor Bankshares secondary F-01 Banking FG-01 0.67 Bn 0.00 Mn 3.45 0.39 Bn
233 ACNB Acnb Corp secondary F-01 Banking FG-01 0.65 Bn 0.00 Mn 118.07 0.65 Bn
234 AROW Arrow Financial Corp secondary F-01 Banking FG-01 0.64 Bn 0.00 Mn 55.72 0.64 Bn
235 KRNY Kearny Financial Corp. secondary F-03 Banking FG-01 0.61 Bn 0.00 Mn 3.45 0.50 Bn
236 VINP Vinci Compass Investments Ltd. secondary F-11 Asset and Wealth Management FG-03 0.59 Bn 0.00 Mn 2.97 0.57 Bn
237 FBIZ First Business Financial Services, Inc. secondary F-01 Banking FG-01 0.59 Bn 0.00 Mn 3.31 0.42 Bn
238 NOAH Noah Holdings Ltd secondary F-09 Asset and Wealth Management FG-03 0.57 Bn 0.00 Mn 1.53 -0.17 Bn
239 ITIC Investors Title Co secondary F-14 Insurance FG-04 0.56 Bn 0.00 Mn 1.91 0.49 Bn
240 FRFFF Fairfax Financial Holdings Ltd/ Can secondary F-13 Insurance FG-04 0.54 Bn 0.00 Mn — 5.25 Bn
241 OBT Orange County Bancorp, Inc. /DE/ secondary F-01 Banking FG-01 0.51 Bn 0.00 Mn 4.02 0.11 Bn
242 COFS Choiceone Financial Services Inc secondary F-01 Banking FG-01 0.50 Bn 0.00 Mn 23.96 0.40 Bn
243 HKHC Horizon Kinetics Holding Corp secondary F-09 Asset and Wealth Management FG-03 0.49 Bn 0.00 Mn 6.83 0.35 Bn
244 WTBA West Bancorporation Inc secondary F-01 Banking FG-01 0.49 Bn 0.00 Mn 125.45 0.06 Bn
245 FXF Invesco CurrencyShares Swiss Franc Trust secondary F-09 Asset and Wealth Management FG-03 0.48 Bn — — 0.48 Bn
246 BRRR CoinShares Bitcoin ETF secondary F-09 Asset and Wealth Management FG-03 0.48 Bn 0.00 Mn — 0.15 Bn
247 FXY Invesco CurrencyShares Japanese Yen Trust secondary F-09 Asset and Wealth Management FG-03 0.46 Bn — 27,153.48 0.46 Bn
248 CZNC Citizens & Northern Corp secondary F-01 Banking FG-01 0.46 Bn 0.00 Mn 69.90 0.37 Bn
249 PBFS Pioneer Bancorp, Inc./MD secondary F-01 Banking FG-01 0.45 Bn 0.00 Mn 100.57 0.45 Bn
250 BMRC Bank of Marin Bancorp secondary F-01 Banking FG-01 0.44 Bn 0.00 Mn 189.99 0.16 Bn
251 UNG United States Natural Gas Fund, LP secondary F-09 Asset and Wealth Management FG-03 0.43 Bn — — 0.14 Bn
252 FXE Invesco CurrencyShares Euro Trust secondary F-09 Asset and Wealth Management FG-03 0.42 Bn — 80.09 0.42 Bn
253 CHMG Chemung Financial Corp secondary F-01 Banking FG-01 0.40 Bn 0.00 Mn 32.06 0.33 Bn
254 CZFS Citizens Financial Services Inc secondary F-01 Banking FG-01 0.39 Bn 0.00 Mn 3.33 0.31 Bn
255 FNLC First Bancorp, Inc /ME/ secondary F-01 Banking FG-01 0.39 Bn 0.00 Mn 65.69 0.36 Bn
256 ALTI AlTi Global, Inc. secondary F-09 Asset and Wealth Management FG-03 0.36 Bn 0.00 Mn 1.29 0.33 Bn
257 BRBS Blue Ridge Bankshares, Inc. secondary F-01 Banking FG-01 0.36 Bn 0.00 Mn 4.26 0.36 Bn
258 FCCO First Community Corp /Sc/ secondary F-01 Banking FG-01 0.32 Bn 0.00 Mn 332.49 0.32 Bn
259 FDBC Fidelity D & D Bancorp Inc secondary F-01 Banking FG-01 0.31 Bn 0.00 Mn 59.26 0.11 Bn
260 CCFN MUNCY COLUMBIA FINANCIAL Corp secondary F-01 Banking FG-01 0.30 Bn 0.00 Mn 4.01 0.28 Bn
261 CFFI C & F Financial Corp secondary F-01 Banking FG-01 0.30 Bn 0.00 Mn 2.04 0.16 Bn
262 CBNA Chain Bridge Bancorp Inc secondary F-01 Banking FG-01 0.30 Bn 0.00 Mn 176.82 -0.52 Bn
263 MYFW First Western Financial Inc secondary F-01 Banking FG-01 0.30 Bn 0.00 Mn 2.80 0.12 Bn
264 ISBA Isabella Bank Corp secondary F-01 Banking FG-01 0.29 Bn 0.00 Mn 3.36 0.25 Bn
265 ATLO Ames National Corp secondary F-01 Banking FG-01 0.28 Bn 0.00 Mn 43.62 0.18 Bn
266 FRAF Franklin Financial Services Corp /Pa/ secondary F-01 Banking FG-01 0.28 Bn 0.00 Mn 2.96 -0.12 Bn
267 FUNC First United Corp/Md/ secondary F-01 Banking FG-01 0.28 Bn 0.00 Mn 3.00 0.19 Bn
268 FXNC First National Corp /Va/ secondary F-01 Banking FG-01 0.28 Bn 0.00 Mn 19.49 0.11 Bn
269 HWBK Hawthorn Bancshares, Inc. secondary F-01 Banking FG-01 0.27 Bn 0.00 Mn 70.07 0.24 Bn
270 LCNB Lcnb Corp secondary F-01 Banking FG-01 0.27 Bn 0.00 Mn 26.14 0.24 Bn
271 WNEB Western New England Bancorp, Inc. secondary F-03 Banking FG-01 0.27 Bn 0.00 Mn 3.05 0.23 Bn
272 MTC Mmtec, Inc. secondary T-63 Technology Services TG-11 0.26 Bn -131.61 Mn 171.13 0.26 Bn
273 AXG Solowin Holdings, Ltd. secondary F-19 Capital Markets FG-05 0.26 Bn 0.00 Mn 15.09 0.24 Bn
274 RILY BRC Group Holdings, Inc. secondary F-17 Capital Markets FG-05 0.26 Bn 0.00 Mn 0.19 0.10 Bn
275 VABK Virginia National Bankshares Corp secondary F-01 Banking FG-01 0.26 Bn 0.00 Mn 4.06 0.26 Bn
276 EFSI Eagle Financial Services Inc secondary F-01 Banking FG-01 0.25 Bn 0.00 Mn 2.73 0.10 Bn
277 CMTV Community Bancorp /Vt secondary F-01 Banking FG-01 0.23 Bn 0.00 Mn 4.16 0.23 Bn
278 PEBK Peoples Bancorp Of North Carolina Inc secondary F-01 Banking FG-01 0.23 Bn 0.00 Mn 2.65 0.23 Bn
279 DEFT Defi Technologies, Inc. secondary F-09 Asset and Wealth Management FG-03 0.21 Bn 0.00 Mn 3.42 0.13 Bn
280 PLTM GraniteShares Platinum Trust secondary F-09 Asset and Wealth Management FG-03 0.19 Bn — — -0.56 Bn
281 SBFG Sb Financial Group, Inc. secondary F-01 Banking FG-01 0.18 Bn 0.00 Mn -19.63 0.06 Bn
282 ENBP ENB Financial Corp secondary F-01 Banking FG-01 0.17 Bn 0.00 Mn 1.82 0.13 Bn
283 RMBI Richmond Mutual Bancorporation, Inc. secondary F-01 Banking FG-01 0.16 Bn 0.00 Mn 3.16 0.13 Bn
284 WHG Westwood Holdings Group Inc secondary F-09 Asset and Wealth Management FG-03 0.16 Bn 0.00 Mn 1.59 0.12 Bn
285 UGA United States Gasoline Fund, LP secondary F-09 Asset and Wealth Management FG-03 0.16 Bn — 2.21 0.05 Bn
286 RBKB Rhinebeck Bancorp, Inc. secondary F-01 Banking FG-01 0.14 Bn 0.00 Mn 48.03 -0.25 Bn
287 BOTJ Bank Of The James Financial Group Inc secondary F-01 Banking FG-01 0.13 Bn 0.00 Mn 28.43 0.08 Bn
288 AUC ATIF Holdings Ltd secondary F-17 Capital Markets FG-05 0.12 Bn — — 0.12 Bn
289 FKYS First Keystone Corp secondary F-01 Banking FG-01 0.12 Bn 0.00 Mn 51.25 -0.07 Bn
290 NWPP New Peoples Bankshares Inc secondary F-01 Banking FG-01 0.11 Bn 0.00 Mn 31.51 0.03 Bn
291 TOP TOP Financial Group Ltd secondary F-19 Capital Markets FG-05 0.11 Bn 0.00 Mn 121.27 0.06 Bn
292 RVSB Riverview Bancorp Inc secondary F-01 Banking FG-01 0.11 Bn 0.00 Mn 84.33 0.01 Bn
293 FXA Invesco CurrencyShares Australian Dollar Trust secondary F-09 Asset and Wealth Management FG-03 0.11 Bn — 75.51 0.11 Bn
294 SIEB Siebert Financial Corp secondary F-19 Capital Markets FG-05 0.11 Bn 0.00 Mn 1.01 -0.10 Bn
295 UWHR Uwharrie Capital Corp secondary F-01 Banking FG-01 0.10 Bn 0.00 Mn 1.86 0.01 Bn
296 JUVF Juniata Valley Financial Corp secondary F-01 Banking FG-01 0.08 Bn 0.00 Mn 2.48 0.07 Bn
297 HNNA Hennessy Advisors Inc secondary F-09 Asset and Wealth Management FG-03 0.08 Bn 0.00 Mn 2.43 0.05 Bn
298 ASRV Ameriserv Financial Inc /Pa/ secondary F-01 Banking FG-01 0.08 Bn 0.00 Mn 5.35 0.04 Bn
299 FXB Invesco CurrencyShares British Pound Sterling Trust secondary F-09 Asset and Wealth Management FG-03 0.08 Bn — 36.70 0.08 Bn
300 SAMG Silvercrest Asset Management Group Inc. secondary F-09 Asset and Wealth Management FG-03 0.08 Bn 0.00 Mn 0.62 0.06 Bn