Ryan Specialty Holdings, Inc. (RYAN) is the 70th largest of 209 Insurance Brokers companies by market capitalisation, at 4.87 Bn, behind Radian Group Inc at 4.88 Bn. It trades on a P/E of 20.07, 74% above the peer median of 11.54. The table below compares all 209 on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | MRSH | Marsh & Mclennan Companies, Inc. | primary | F-16 | Insurance | FG-04 | 85.02 Bn | 20.90 | 3.04 | 72.81 Bn |
| 2 | AON | Aon plc | primary | F-16 | Insurance | FG-04 | 65.48 Bn | 16.46 | 3.73 | 64.21 Bn |
| 3 | AJG | Arthur J. Gallagher & Co. | primary | F-16 | Insurance | FG-04 | 62.63 Bn | 39.77 | 3.98 | 61.24 Bn |
| 4 | WTW | Willis Towers Watson Plc | primary | F-16 | Insurance | FG-04 | 29.68 Bn | 18.51 | 2.94 | 28.02 Bn |
| 5 | BRO | Brown & Brown, Inc. | primary | F-16 | Insurance | FG-04 | 22.08 Bn | 18.21 | 3.25 | 21.17 Bn |
| 6 | XHG | XChange TEC.INC | primary | F-16 | Insurance | FG-04 | 16.54 Bn | — | — | 16.54 Bn |
| 7 | ERIE | Erie Indemnity Co | primary | F-16 | Insurance | FG-04 | 11.09 Bn | 19.22 | 2.69 | 10.75 Bn |
| 8 | RYAN | Ryan Specialty Holdings, Inc. | primary | F-16 | Insurance | FG-04 | 4.87 Bn | 20.07 | 1.51 | 4.73 Bn |
| 9 | NP | Neptune Insurance Holdings Inc. | primary | F-16 | Insurance | FG-04 | 4.28 Bn | 129.76 | 23.52 | 4.26 Bn |
| 10 | BWIN | Baldwin Insurance Group, Inc. | primary | F-16 | Insurance | FG-04 | 2.73 Bn | -20.44 | 1.57 | 2.54 Bn |
| 11 | GSHD | Goosehead Insurance, Inc. | primary | F-16 | Insurance | FG-04 | 1.35 Bn | 23.06 | 3.36 | 1.32 Bn |
| 12 | HGTY | Hagerty, Inc. | primary | F-16 | Insurance | FG-04 | 1.35 Bn | 21.65 | 0.94 | 1.05 Bn |
| 13 | WDH | Waterdrop Inc. | primary | F-16 | Insurance | FG-04 | 0.37 Bn | 4.77 | 0.51 | 0.19 Bn |
| 14 | TWFG | TWFG, Inc. | primary | F-16 | Insurance | FG-04 | 0.35 Bn | 6.38 | 1.20 | 0.26 Bn |
| 15 | MAAS | Maase Inc. | primary | F-16 | Insurance | FG-04 | 0.12 Bn | — | 21.73 | 0.11 Bn |
| 16 | SLQT | SelectQuote, Inc. | primary | F-16 | Insurance | FG-04 | 0.10 Bn | -8.38 | 0.06 | 0.08 Bn |
| 17 | BVC | BitVentures Ltd | primary | F-16 | Insurance | FG-04 | 0.07 Bn | — | — | 0.07 Bn |
| 18 | QDMI | QDM International Inc. | primary | F-16 | Insurance | FG-04 | 0.06 Bn | 6.91 | 2.43 | 0.05 Bn |
| 19 | SDA | SunCar Technology Group Inc. | primary | F-16 | Insurance | FG-04 | 0.06 Bn | 65.43 | 0.12 | 0.03 Bn |
| 20 | KG | Kestrel Group Ltd | primary | F-16 | Insurance | FG-04 | 0.05 Bn | -1.39 | 1.19 | 0.03 Bn |
| 21 | HUIZ | Huize Holding Ltd | primary | F-16 | Insurance | FG-04 | 0.02 Bn | -19.59 | 0.04 | -0.02 Bn |
| 22 | AIFU | AIFU Inc. | primary | F-16 | Insurance | FG-04 | 0.01 Bn | -0.03 | 0.36 | 0.00 Bn |
| 23 | ZBAO | Zhibao Technology Inc. | primary | F-16 | Insurance | FG-04 | 0.00 Bn | — | — | 0.00 Bn |
| 24 | EZRA | Reliance Global Group, Inc. | primary | F-16 | Insurance | FG-04 | 0.00 Bn | -0.27 | 0.15 | 0.00 Bn |
| 25 | BSAC | Banco Santander Chile | secondary | F-01 | Banking | FG-01 | 947.61 Bn | -0.67 | — | 947.61 Bn |
| 26 | CAT | Caterpillar Inc | secondary | I-05 | Machinery | IG-02 | 370.62 Bn | 34.18 | 4.96 | 363.91 Bn |
| 27 | RY | Royal Bank Of Canada | secondary | F-02 | Banking | FG-01 | 289.06 Bn | 17.62 | 5.63 | 62.17 Bn |
| 28 | TD | Toronto Dominion Bank | secondary | F-02 | Banking | FG-01 | 205.90 Bn | 18.28 | 4.40 | 44.57 Bn |
| 29 | BBVA | Banco Bilbao Vizcaya Argentaria, S.A. | secondary | F-02 | Banking | FG-01 | 166.09 Bn | 12.81 | — | 166.09 Bn |
| 30 | CB | Chubb Ltd | secondary | F-13 | Insurance | FG-04 | 130.97 Bn | 11.38 | 2.12 | 117.20 Bn |
| 31 | PGR | Progressive Corp/Oh/ | secondary | F-13 | Insurance | FG-04 | 125.68 Bn | 10.75 | 1.38 | 120.68 Bn |
| 32 | LLOBF | Lloyds Banking Group plc | secondary | F-02 | Banking | FG-01 | 119.58 Bn | 16.60 | 3.53 | 119.58 Bn |
| 33 | UPS | United Parcel Service Inc | secondary | I-23 | Transportation | IG-05 | 85.08 Bn | 18.62 | 0.95 | 80.43 Bn |
| 34 | TRV | Travelers Companies, Inc. | secondary | F-13 | Insurance | FG-04 | 77.10 Bn | 9.29 | 1.57 | 53.35 Bn |
| 35 | NU | Nu Holdings Ltd. | secondary | F-02 | Banking | FG-01 | 72.54 Bn | 18.29 | 3.75 | 58.86 Bn |
| 36 | GGAL | Grupo Financiero Galicia Sa | secondary | F-02 | Banking | FG-01 | 71.43 Bn | 0.03 | — | 71.43 Bn |
| 37 | ALL | Allstate Corp | secondary | F-13 | Insurance | FG-04 | 64.48 Bn | 4.89 | 0.92 | 25.75 Bn |
| 38 | MET | Metlife Inc | secondary | F-12 | Insurance | FG-04 | 61.90 Bn | 17.99 | 0.78 | 34.58 Bn |
| 39 | AFL | Aflac Inc | secondary | F-13 | Insurance | FG-04 | 57.50 Bn | 12.41 | 3.18 | -45.51 Bn |
| 40 | PAYX | Paychex Inc | secondary | T-21 | Business Applications | TG-03 | 41.17 Bn | 23.39 | 6.32 | 40.02 Bn |
| 41 | AIG | American International Group, Inc. | secondary | F-13 | Insurance | FG-04 | 39.62 Bn | 13.36 | 1.49 | 1.80 Bn |
| 42 | SHG | Shinhan Financial Group Co Ltd | secondary | F-02 | Banking | FG-01 | 39.54 Bn | 10.46 | 1.04 | 13.40 Bn |
| 43 | BAMGF | BROOKFIELD Corp /ON/ | secondary | F-11 | Asset and Wealth Management | FG-03 | 37.98 Bn | 26.60 | 0.50 | 7.42 Bn |
| 44 | HIG | Hartford Insurance Group, Inc. | secondary | F-13 | Insurance | FG-04 | 37.23 Bn | 8.57 | 1.28 | 20.91 Bn |
| 45 | BAP | Credicorp Ltd | secondary | F-02 | Banking | FG-01 | 29.95 Bn | 3.38 | — | 29.95 Bn |
| 46 | CINF | Cincinnati Financial Corp | secondary | F-13 | Insurance | FG-04 | 26.04 Bn | 8.03 | 1.87 | 24.15 Bn |
| 47 | PFG | Principal Financial Group Inc | secondary | F-09 | Asset and Wealth Management | FG-03 | 24.69 Bn | 15.65 | 1.57 | -28.28 Bn |
| 48 | L | Loews Corp | secondary | F-13 | Insurance | FG-04 | 22.32 Bn | 12.48 | 1.19 | 0.02 Bn |
| 49 | BSBR | Banco Santander (Brasil) S.A. | secondary | F-02 | Banking | FG-01 | 22.31 Bn | — | — | 22.31 Bn |
| 50 | MKL | Markel Group Inc. | secondary | F-13 | Insurance | FG-04 | 22.25 Bn | 9.71 | 1.43 | 5.36 Bn |
| 51 | PHM | Pultegroup Inc/Mi/ | secondary | D-08 | Homebuilding | DG-03 | 21.89 Bn | 11.48 | 1.33 | 20.51 Bn |
| 52 | UNM | Unum Group | secondary | F-13 | Insurance | FG-04 | 15.06 Bn | 16.50 | 1.13 | 5.51 Bn |
| 53 | PNFP | Pinnacle Financial Partners, Inc. | secondary | F-01 | Banking | FG-01 | 14.92 Bn | 20.18 | 13.38 | 7.27 Bn |
| 54 | EG | Everest Group, Ltd. | secondary | F-15 | Insurance | FG-04 | 14.32 Bn | 7.48 | 0.85 | -33.05 Bn |
| 55 | AIZ | Assurant, Inc. | secondary | F-13 | Insurance | FG-04 | 13.88 Bn | 13.05 | 1.03 | 11.84 Bn |
| 56 | RNR | Renaissancere Holdings Ltd | secondary | F-15 | Insurance | FG-04 | 13.38 Bn | 5.15 | 1.20 | -13.11 Bn |
| 57 | ALLY | Ally Financial Inc. | secondary | F-02 | Banking | FG-01 | 12.88 Bn | 9.69 | 1.48 | 5.04 Bn |
| 58 | CNA | Cna Financial Corp | secondary | F-13 | Insurance | FG-04 | 12.78 Bn | 10.33 | 0.84 | 5.00 Bn |
| 59 | AFG | American Financial Group Inc | secondary | F-13 | Insurance | FG-04 | 11.67 Bn | 13.36 | 1.41 | -6.18 Bn |
| 60 | XP | XP Inc. | secondary | F-19 | Capital Markets | FG-05 | 10.45 Bn | 10.39 | 6.57 | 5.60 Bn |
| 61 | CFR | Cullen/Frost Bankers, Inc. | secondary | F-01 | Banking | FG-01 | 10.15 Bn | 15.00 | 78.02 | 3.65 Bn |
| 62 | FRHC | Freedom Holding Corp. | secondary | F-02 | Banking | FG-01 | 9.88 Bn | 63.93 | 4.13 | 9.88 Bn |
| 63 | ORI | Old Republic International Corp | secondary | F-13 | Insurance | FG-04 | 9.76 Bn | 8.55 | 1.00 | 9.76 Bn |
| 64 | VOYA | Voya Financial, Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 9.34 Bn | 16.48 | 1.14 | 6.99 Bn |
| 65 | PRI | Primerica, Inc. | secondary | F-12 | Insurance | FG-04 | 9.04 Bn | 11.79 | 2.64 | 8.41 Bn |
| 66 | BNT | Brookfield Wealth Solutions Ltd. | secondary | F-12 | Insurance | FG-04 | 8.55 Bn | 29.48 | 0.72 | -4.23 Bn |
| 67 | WAL | Western Alliance Bancorporation | secondary | F-01 | Banking | FG-01 | 8.50 Bn | 8.69 | 2.16 | 2.48 Bn |
| 68 | YMM | Full Truck Alliance Co. Ltd. | secondary | T-51 | Internet Platforms | TG-08 | 8.48 Bn | 13.94 | — | 7.45 Bn |
| 69 | LNC | Lincoln National Corp | secondary | F-12 | Insurance | FG-04 | 8.42 Bn | 3.71 | 0.44 | -3.26 Bn |
| 70 | KNSL | Kinsale Capital Group, Inc. | secondary | F-13 | Insurance | FG-04 | 8.18 Bn | 14.38 | 4.10 | 7.20 Bn |
| 71 | THG | Hanover Insurance Group, Inc. | secondary | F-13 | Insurance | FG-04 | 7.87 Bn | 10.46 | 1.16 | 1.63 Bn |
| 72 | AXS | Axis Capital Holdings Ltd | secondary | F-13 | Insurance | FG-04 | 7.26 Bn | 6.76 | 1.07 | 6.47 Bn |
| 73 | TMHC | Taylor Morrison Home Corp | secondary | D-08 | Homebuilding | DG-03 | 6.77 Bn | 10.26 | 0.89 | 6.12 Bn |
| 74 | FNB | Fnb Corp/Pa/ | secondary | F-01 | Banking | FG-01 | 6.47 Bn | 10.72 | 3.54 | 4.10 Bn |
| 75 | MTG | Mgic Investment Corp | secondary | F-13 | Insurance | FG-04 | 6.46 Bn | 9.13 | 5.40 | 6.24 Bn |
| 76 | ESNT | Essent Group Ltd. | secondary | F-13 | Insurance | FG-04 | 6.18 Bn | 9.08 | 4.67 | 6.18 Bn |
| 77 | IFS | Intercorp Financial Services Inc. | secondary | F-02 | Banking | FG-01 | 6.11 Bn | 2.92 | — | 6.11 Bn |
| 78 | HOMB | Home Bancshares Inc | secondary | F-01 | Banking | FG-01 | 5.96 Bn | 12.44 | 128.91 | 4.91 Bn |
| 79 | WRB-PH | Berkley W R Corp | secondary | F-13 | Insurance | FG-04 | 5.87 Bn | 3.04 | 0.39 | 1.76 Bn |
| 80 | MCY | Mercury General Corp | secondary | F-13 | Insurance | FG-04 | 5.61 Bn | 5.99 | 0.89 | -16.26 Bn |
| 81 | FTDR | Frontdoor, Inc. | secondary | F-13 | Insurance | FG-04 | 5.60 Bn | 20.51 | 2.61 | 4.97 Bn |
| 82 | AGBK | AGI Inc | secondary | F-01 | Banking | FG-01 | 5.58 Bn | 21.01 | 1.77 | -3.52 Bn |
| 83 | RLI | Rli Corp | secondary | F-13 | Insurance | FG-04 | 5.53 Bn | 12.60 | 2.80 | -0.31 Bn |
| 84 | SIGI | Selective Insurance Group Inc | secondary | F-13 | Insurance | FG-04 | 5.37 Bn | 11.00 | 0.98 | 3.27 Bn |
| 85 | WTM | White Mountains Insurance Group Ltd | secondary | F-13 | Insurance | FG-04 | 5.04 Bn | 4.27 | 1.32 | -6.37 Bn |
| 86 | RDN | Radian Group Inc | secondary | F-13 | Insurance | FG-04 | 4.88 Bn | 9.11 | 2.97 | 4.14 Bn |
| 87 | FFIN | First Financial Bankshares Inc | secondary | F-01 | Banking | FG-01 | 4.69 Bn | 18.03 | 7.04 | 3.89 Bn |
| 88 | FULT | Fulton Financial Corp | secondary | F-01 | Banking | FG-01 | 4.48 Bn | 11.59 | 15.47 | 3.22 Bn |
| 89 | ARX | Accelerant Holdings | secondary | F-13 | Insurance | FG-04 | 4.33 Bn | -3.17 | 3.78 | 2.68 Bn |
| 90 | FBP | First Bancorp /Pr/ | secondary | F-01 | Banking | FG-01 | 4.22 Bn | 11.34 | 4.10 | -15.48 Bn |
| 91 | UCB | United Community Banks Inc | secondary | F-01 | Banking | FG-01 | 4.20 Bn | 11.33 | 3.78 | 3.65 Bn |
| 92 | CATY | Cathay General Bancorp | secondary | F-01 | Banking | FG-01 | 4.12 Bn | 12.12 | 149.40 | 0.38 Bn |
| 93 | CVCO | Cavco Industries, Inc. | secondary | D-09 | Homebuilding | DG-03 | 4.04 Bn | — | — | 3.79 Bn |
| 94 | GNW | Genworth Financial Inc | secondary | F-13 | Insurance | FG-04 | 3.98 Bn | 11.64 | 0.54 | 1.99 Bn |
| 95 | WSBC | Wesbanco Inc | secondary | F-01 | Banking | FG-01 | 3.83 Bn | 11.54 | 3.66 | 2.75 Bn |
| 96 | LMND | Lemonade, Inc. | secondary | F-13 | Insurance | FG-04 | 3.79 Bn | -27.42 | 3.89 | 3.41 Bn |
| 97 | PLMR | Palomar Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 3.46 Bn | 17.05 | 3.17 | 3.35 Bn |
| 98 | HG | Hamilton Insurance Group, Ltd. | secondary | F-13 | Insurance | FG-04 | 3.44 Bn | 3.98 | 1.15 | -0.75 Bn |
| 99 | NMIH | NMI Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 3.34 Bn | 8.44 | 4.56 | 3.26 Bn |
| 100 | SFNC | Simmons First National Corp | secondary | F-01 | Banking | FG-01 | 3.32 Bn | -9.51 | 65.55 | 2.72 Bn |
| 101 | CBU | Community Financial System, Inc. | secondary | F-01 | Banking | FG-01 | 3.28 Bn | 14.40 | 62.44 | 3.28 Bn |
| 102 | SBCF | Seacoast Banking Corp Of Florida | secondary | F-01 | Banking | FG-01 | 3.26 Bn | 20.65 | 562.19 | 2.83 Bn |
| 103 | CBZ | CBIZ, Inc. | secondary | I-29 | Business Services | IG-06 | 3.25 Bn | 26.63 | 1.18 | 3.18 Bn |
| 104 | AGO | Assured Guaranty Ltd | secondary | F-13 | Insurance | FG-04 | 3.23 Bn | 8.44 | 3.44 | -0.56 Bn |
| 105 | PFS | Provident Financial Services Inc | secondary | F-01 | Banking | FG-01 | 3.02 Bn | 9.64 | 3.32 | 2.77 Bn |
| 106 | BOH | Bank Of Hawaii Corp | secondary | F-01 | Banking | FG-01 | 2.99 Bn | 13.94 | 3.93 | -0.76 Bn |
| 107 | SPNT | SiriusPoint Ltd | secondary | F-15 | Insurance | FG-04 | 2.83 Bn | 5.71 | 0.87 | 2.15 Bn |
| 108 | SLDE | Slide Insurance Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 2.81 Bn | 5.05 | 2.02 | 1.57 Bn |
| 109 | NBTB | Nbt Bancorp Inc | secondary | F-01 | Banking | FG-01 | 2.66 Bn | 12.44 | 3.59 | 2.26 Bn |
| 110 | PLGO | Pelagos Insurance Capital Ltd | secondary | F-13 | Insurance | FG-04 | 2.64 Bn | 5.09 | 1.05 | 3.92 Bn |
| 111 | WAFD | Wafd Inc | secondary | F-01 | Banking | FG-01 | 2.51 Bn | 10.38 | 79.40 | 1.84 Bn |
| 112 | INTR | Inter & Co, Inc. | secondary | F-02 | Banking | FG-01 | 2.51 Bn | 4.64 | 1.09 | 2.51 Bn |
| 113 | SKWD | Skyward Specialty Insurance Group, Inc. | secondary | F-13 | Insurance | FG-04 | 2.48 Bn | 13.22 | 1.43 | 1.87 Bn |
| 114 | HCI | HCI Group, Inc. | secondary | F-13 | Insurance | FG-04 | 2.29 Bn | 6.69 | 2.40 | 1.36 Bn |
| 115 | OFG | Ofg Bancorp | secondary | F-01 | Banking | FG-01 | 2.21 Bn | 10.02 | 2.96 | 1.46 Bn |
| 116 | FCF | First Commonwealth Financial Corp /Pa/ | secondary | F-01 | Banking | FG-01 | 2.13 Bn | 12.66 | 3.90 | 2.13 Bn |
| 117 | SRCE | 1St Source Corp | secondary | F-01 | Banking | FG-01 | 2.07 Bn | 12.14 | 69.98 | 2.07 Bn |
| 118 | HMN | Horace Mann Educators Corp /De/ | secondary | F-13 | Insurance | FG-04 | 2.02 Bn | 11.41 | 1.16 | -3.79 Bn |
| 119 | PRCH | Porch Group, Inc. | secondary | F-13 | Insurance | FG-04 | 1.81 Bn | -203.96 | 3.49 | 1.61 Bn |
| 120 | STBA | S&T Bancorp Inc | secondary | F-01 | Banking | FG-01 | 1.77 Bn | 12.61 | 95.83 | 0.54 Bn |
| 121 | BFC | Bank First Corp | secondary | F-01 | Banking | FG-01 | 1.72 Bn | 21.30 | 7.89 | 1.10 Bn |
| 122 | CCS | Century Communities, Inc. | secondary | D-08 | Homebuilding | DG-03 | 1.71 Bn | 14.51 | 0.44 | 1.62 Bn |
| 123 | OBK | Origin Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.66 Bn | 16.63 | 57.14 | 1.11 Bn |
| 124 | SAFT | Safety Insurance Group Inc | secondary | F-13 | Insurance | FG-04 | 1.51 Bn | 22.62 | 1.17 | 1.24 Bn |
| 125 | KMPB | KEMPER Corp | secondary | F-13 | Insurance | FG-04 | 1.45 Bn | -2.87 | 0.32 | 0.15 Bn |
| 126 | UFCS | United Fire Group Inc | secondary | F-13 | Insurance | FG-04 | 1.40 Bn | 9.94 | 0.95 | 1.26 Bn |
| 127 | PEBO | Peoples Bancorp Inc | secondary | F-01 | Banking | FG-01 | 1.39 Bn | -40.83 | 54.83 | 1.21 Bn |
| 128 | CTBI | Community Trust Bancorp Inc /Ky/ | secondary | F-01 | Banking | FG-01 | 1.38 Bn | 12.81 | 4.63 | 0.87 Bn |
| 129 | FMBH | First Mid Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 1.34 Bn | 13.65 | 3.49 | 1.03 Bn |
| 130 | ASIC | Ategrity Specialty Insurance Co Holdings | secondary | F-13 | Insurance | FG-04 | 1.30 Bn | 11.38 | 2.52 | 1.04 Bn |
| 131 | UHAL | U-Haul Holding Co /NV/ | secondary | D-21 | Travel and Lodging | DG-07 | 1.24 Bn | — | — | -2.44 Bn |
| 132 | UVE | Universal Insurance Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 1.21 Bn | 5.49 | 0.74 | 0.56 Bn |
| 133 | UVSP | UNIVEST FINANCIAL Corp | secondary | F-01 | Banking | FG-01 | 1.17 Bn | 11.88 | 48.89 | 0.97 Bn |
| 134 | CLBK | Columbia Financial, Inc./MD/ | secondary | F-03 | Banking | FG-01 | 1.16 Bn | 20.80 | 62.72 | 0.88 Bn |
| 135 | DCBG | Dime Commercial Bancshares, Inc. /NY/ | secondary | F-01 | Banking | FG-01 | 1.15 Bn | 9.45 | 50.34 | 1.10 Bn |
| 136 | GL-PD | Globe Life Inc. | secondary | F-12 | Insurance | FG-04 | 1.15 Bn | 0.95 | 0.19 | 0.39 Bn |
| 137 | IGIC | International General Insurance Holdings Ltd. | secondary | F-13 | Insurance | FG-04 | 1.12 Bn | 9.96 | 2.14 | 0.89 Bn |
| 138 | BOW | Bowhead Specialty Holdings Inc. | secondary | F-13 | Insurance | FG-04 | 1.11 Bn | 17.81 | 1.80 | 0.96 Bn |
| 139 | TRUP | Trupanion, Inc. | secondary | F-13 | Insurance | FG-04 | 1.10 Bn | 47.37 | 0.72 | 0.70 Bn |
| 140 | DFH | Dream Finders Homes, Inc. | secondary | D-08 | Homebuilding | DG-03 | 1.08 Bn | 7.36 | 0.26 | 0.88 Bn |
| 141 | HRTG | Heritage Insurance Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 1.03 Bn | 4.78 | 1.21 | 0.31 Bn |
| 142 | HBNC | Horizon Bancorp Inc /In/ | secondary | F-01 | Banking | FG-01 | 1.00 Bn | -6.96 | -76.94 | 0.78 Bn |
| 143 | BANFP | Bancfirst Corp /Ok/ | secondary | F-01 | Banking | FG-01 | 0.97 Bn | 3.87 | 13.22 | 0.60 Bn |
| 144 | MPB | Mid Penn Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.93 Bn | 13.62 | 90.10 | 0.84 Bn |
| 145 | DGICB | Donegal Group Inc | secondary | F-13 | Insurance | FG-04 | 0.91 Bn | 14.83 | 0.94 | 0.88 Bn |
| 146 | FCBC | First Community Bankshares Inc /Va/ | secondary | F-01 | Banking | FG-01 | 0.89 Bn | 15.09 | 51.20 | 0.15 Bn |
| 147 | EIG | Employers Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 0.89 Bn | 117.55 | 1.07 | 0.61 Bn |
| 148 | WRLD | World Acceptance Corp | secondary | F-04 | Lending and Credit | FG-02 | 0.84 Bn | 21.36 | 1.42 | 0.83 Bn |
| 149 | ROOT | Root, Inc. | secondary | F-13 | Insurance | FG-04 | 0.84 Bn | 14.41 | 0.53 | 0.32 Bn |
| 150 | HIPO | Hippo Holdings Inc. | secondary | F-13 | Insurance | FG-04 | 0.83 Bn | 6.87 | 1.64 | 0.52 Bn |
| 151 | SMBC | Southern Missouri Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.81 Bn | 12.23 | 4.10 | 0.62 Bn |
| 152 | CCNEP | Cnb Financial Corp/Pa | secondary | F-01 | Banking | FG-01 | 0.73 Bn | 7.95 | 2.18 | 0.26 Bn |
| 153 | BRK-B | Berkshire Hathaway Inc | secondary | F-13 | Insurance | FG-04 | 0.73 Bn | 0.01 | 0.00 | -326.25 Bn |
| 154 | TIPT | Tiptree Inc. | secondary | F-13 | Insurance | FG-04 | 0.66 Bn | — | — | 0.61 Bn |
| 155 | CNNE | Cannae Holdings, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.66 Bn | -1.52 | 1.11 | 0.59 Bn |
| 156 | ACNB | Acnb Corp | secondary | F-01 | Banking | FG-01 | 0.66 Bn | 12.03 | 118.66 | 0.66 Bn |
| 157 | AROW | Arrow Financial Corp | secondary | F-01 | Banking | FG-01 | 0.63 Bn | 12.36 | 55.58 | 0.63 Bn |
| 158 | NRDS | Nerdwallet, Inc. | secondary | T-51 | Internet Platforms | TG-08 | 0.61 Bn | 9.35 | 0.71 | 0.55 Bn |
| 159 | NOAH | Noah Holdings Ltd | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.57 Bn | 6.71 | 1.51 | -0.17 Bn |
| 160 | CIVB | Civista Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.56 Bn | 10.90 | 28.74 | 0.55 Bn |
| 161 | FRFFF | Fairfax Financial Holdings Ltd/ Can | secondary | F-13 | Insurance | FG-04 | 0.54 Bn | 0.09 | — | 5.25 Bn |
| 162 | COFS | Choiceone Financial Services Inc | secondary | F-01 | Banking | FG-01 | 0.50 Bn | 9.16 | 23.94 | 0.40 Bn |
| 163 | AII | American Integrity Insurance Group, Inc. | secondary | F-13 | Insurance | FG-04 | 0.50 Bn | 5.20 | 1.56 | 0.20 Bn |
| 164 | FMAO | Farmers & Merchants Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.48 Bn | 12.08 | 92.16 | 0.33 Bn |
| 165 | CZNC | Citizens & Northern Corp | secondary | F-01 | Banking | FG-01 | 0.46 Bn | 18.61 | 70.03 | 0.37 Bn |
| 166 | AMSF | Amerisafe Inc | secondary | F-13 | Insurance | FG-04 | 0.45 Bn | 9.77 | 1.35 | 0.32 Bn |
| 167 | CBAN | Colony Bankcorp Inc | secondary | F-01 | Banking | FG-01 | 0.45 Bn | 40.76 | 155.62 | 0.12 Bn |
| 168 | ACIC | AMERICAN COASTAL INSURANCE Corp | secondary | F-13 | Insurance | FG-04 | 0.45 Bn | 4.46 | 1.35 | 0.07 Bn |
| 169 | PBFS | Pioneer Bancorp, Inc./MD | secondary | F-01 | Banking | FG-01 | 0.44 Bn | 147.34 | 99.63 | 0.44 Bn |
| 170 | GBLI | Global Indemnity Group, LLC | secondary | F-13 | Insurance | FG-04 | 0.43 Bn | — | — | 0.33 Bn |
| 171 | CHMG | Chemung Financial Corp | secondary | F-01 | Banking | FG-01 | 0.40 Bn | 11.95 | 32.27 | 0.33 Bn |
| 172 | CZFS | Citizens Financial Services Inc | secondary | F-01 | Banking | FG-01 | 0.40 Bn | 9.85 | 3.35 | 0.31 Bn |
| 173 | CWH | Camping World Holdings, Inc. | secondary | D-37 | Retail | DG-10 | 0.39 Bn | -3.19 | 0.06 | 0.16 Bn |
| 174 | BRBS | Blue Ridge Bankshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.36 Bn | 38.22 | 4.27 | 0.36 Bn |
| 175 | LSAK | Lesaka Technologies Inc | secondary | F-04 | Lending and Credit | FG-02 | 0.35 Bn | -12.35 | 0.50 | 0.26 Bn |
| 176 | NEWT | NewtekOne, Inc. | secondary | F-02 | Banking | FG-01 | 0.35 Bn | 5.61 | 1.18 | -0.05 Bn |
| 177 | FDBC | Fidelity D & D Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.32 Bn | 10.40 | 59.86 | 0.11 Bn |
| 178 | NODK | NI Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 0.31 Bn | 39.99 | 1.17 | -0.06 Bn |
| 179 | RM | Regional Management Corp. | secondary | F-04 | Lending and Credit | FG-02 | 0.29 Bn | 6.24 | 0.44 | 0.17 Bn |
| 180 | KINS | Kingstone Companies, Inc. | secondary | F-13 | Insurance | FG-04 | 0.28 Bn | 7.85 | 1.17 | 0.26 Bn |
| 181 | KWY | KINGSWAY Corp | secondary | I-26 | Business Services | IG-06 | 0.28 Bn | -32.07 | 1.79 | 0.22 Bn |
| 182 | NKSH | National Bankshares Inc | secondary | F-01 | Banking | FG-01 | 0.27 Bn | 13.25 | 31.63 | 0.19 Bn |
| 183 | TROO | Troops, Inc. /Cayman Islands/ | secondary | F-06 | Lending and Credit | FG-02 | 0.25 Bn | -9.35 | 16.01 | 0.25 Bn |
| 184 | MBI | Mbia Inc | secondary | F-13 | Insurance | FG-04 | 0.23 Bn | -76.72 | 32.88 | -0.12 Bn |
| 185 | OSG | Octave Specialty Group Inc | secondary | F-13 | Insurance | FG-04 | 0.22 Bn | -1.36 | 0.70 | -0.08 Bn |
| 186 | OVBC | Ohio Valley Banc Corp | secondary | F-01 | Banking | FG-01 | 0.22 Bn | 16.27 | 3.14 | 0.08 Bn |
| 187 | LARK | Landmark Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.19 Bn | 10.40 | 2.25 | 0.19 Bn |
| 188 | SBFG | Sb Financial Group, Inc. | secondary | F-01 | Banking | FG-01 | 0.18 Bn | 10.75 | -19.61 | 0.06 Bn |
| 189 | JRVR | James River Group Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 0.18 Bn | 7.87 | 0.27 | -0.02 Bn |
| 190 | SFBC | Sound Financial Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.12 Bn | 15.35 | 3.06 | 0.00 Bn |
| 191 | NWPP | New Peoples Bankshares Inc | secondary | F-01 | Banking | FG-01 | 0.11 Bn | 9.37 | 31.51 | 0.03 Bn |
| 192 | CITR | CitroTech Inc. | secondary | M-02 | Chemicals | MG-01 | 0.11 Bn | -3.45 | 81.86 | 0.11 Bn |
| 193 | SIEB | Siebert Financial Corp | secondary | F-19 | Capital Markets | FG-05 | 0.11 Bn | -97.51 | 1.04 | -0.09 Bn |
| 194 | OZSC | Ozop Energy Solutions, Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.10 Bn | — | — | 0.10 Bn |
| 195 | UWHR | Uwharrie Capital Corp | secondary | F-01 | Banking | FG-01 | 0.10 Bn | 7.86 | 1.86 | 0.01 Bn |
| 196 | RDZN | Roadzen Inc. | secondary | T-55 | Fintech | TG-09 | 0.10 Bn | -3.42 | 1.62 | 0.09 Bn |
| 197 | YRD | Yiren Digital Ltd. | secondary | F-04 | Lending and Credit | FG-02 | 0.09 Bn | -0.68 | 0.12 | -0.34 Bn |
| 198 | AMTD | Amtd Idea Group | secondary | F-17 | Capital Markets | FG-05 | 0.07 Bn | 1.68 | 0.69 | 0.01 Bn |
| 199 | JFU | 9F Inc. | secondary | T-40 | Infrastructure Software | TG-06 | 0.06 Bn | 1.25 | 3.11 | 0.07 Bn |
| 200 | PFXNZ | PhenixFIN Corp | secondary | F-07 | Lending and Credit | FG-02 | 0.05 Bn | 2.11 | 4.87 | -0.26 Bn |
| 201 | DOMH | Dominari Holdings Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 0.05 Bn | -0.43 | 0.34 | 0.02 Bn |
| 202 | QNTO | Quaint Oak Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.04 Bn | 49.17 | 30.46 | -0.01 Bn |
| 203 | PETS | Petmed Express Inc | secondary | S-14 | Staples Retail | SG-06 | 0.04 Bn | -1.25 | 0.22 | 0.02 Bn |
| 204 | PRHI | Presurance Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 0.03 Bn | -2.78 | 1.03 | -0.04 Bn |
| 205 | AAME | Atlantic American Corp | secondary | F-13 | Insurance | FG-04 | 0.03 Bn | 5.55 | 0.13 | -0.02 Bn |
| 206 | BCG | Binah Capital Group, Inc. | secondary | F-19 | Capital Markets | FG-05 | 0.02 Bn | 6.22 | 0.11 | 0.01 Bn |
| 207 | BETRW | Better Home & Finance Holding Co | secondary | F-05 | Lending and Credit | FG-02 | 0.00 Bn | -0.01 | 0.01 | -0.10 Bn |
| 208 | MNYWW | MoneyHero Ltd | secondary | T-51 | Internet Platforms | TG-08 | 0.00 Bn | -0.28 | 0.02 | -0.03 Bn |
| 209 | PICS | PicS N.V. | secondary | F-02 | Banking | FG-01 | 0.00 Bn | 0.00 | 0.00 | 0.00 Bn |