BENFNasdaqFinance ServicesFiscal year ends March 31Also trades as BENFW
Beneficient
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$0.93−0.12 (-11.23%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5.7%
1M of 15M shares
Institutional holders
15
3 new, 2 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
3 buys · 0 sales
Net bought $35.00K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Elizabeth C. Freeman, solely in her capacity as trustee of the GWG Wind Down Trust | 348,183 | 7.60% | 13D (active) amendment | Oct 4, 2024 |
| Peter T. Cangany, Jr. | 325,817 | 7.40% | 13G (passive) | Sep 11, 2024 |
| Hicks Holdings Operating, LLC | 11,712,675 | 81.20% | 13D (active) amendment | Mar 10, 2026 |
| James G. Silk | 1,101,419 | 7.50% | 13D (active) | Oct 15, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BENF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Yorkville Advisors Global, LP | 280,631 | 1.82% | $1.03M | New | 1.20% |
| Geode Capital Management, LLC | 154,649 | 1.00% | $569.45K | −3,378 | 0.00% |
| Vanguard Capital Management LLC | 153,491 | 1.00% | $564.85K | +3,491 | 0.00% |
| Vanguard Fiduciary Trust Co | 72,070 | 0.47% | $265.22K | +559 | 0.00% |
| State Street Corp | 66,345 | 0.43% | $244.15K | +14,500 | 0.00% |
| BlackRock, Inc. | 49,528 | 0.32% | $182.26K | +4,205 | 0.00% |
| Morgan Stanley | 45,122 | 0.29% | $166.05K | +21,084 | 0.00% |
| Northern Trust Corp | 31,411 | 0.20% | $115.59K | – | 0.00% |
| Ausdal Financial Partners, Inc. | 13,817 | 0.09% | $50.85K | +2,000 | 0.00% |
| Vanguard Global Advisers, LLC | 8,750 | 0.06% | $32.20K | – | 0.00% |
| UBS Group AG | 4,271 | 0.03% | $15.72K | −1,717 | 0.00% |
| Barclays PLC | 60 | 0.00% | $221 | New | 0.00% |
| Newbridge Financial Services Group, Inc. | 24 | 0.00% | $88 | – | 0.00% |
| SBI Securities Co., Ltd. | 7 | 0.00% | $26 | – | 0.00% |
| Citigroup Inc | 4 | 0.00% | $15 | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 15 | 1M | 5.7% | 3 / 6 | 2 / 2 | 0M | 0M |
| Q1 2026 | 14 | 1M | 3.6% | 5 / 7 | 1 / 3 | 0M | 0M |
| Q4 2025 | 13 | 1M | 3.4% | 13 / 0 | 0 / 0 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BENF | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 149,441 | 0.97% | $549.94K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 74,700 | 0.48% | $276.39K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 25,247 | 0.16% | $93.41K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 20,690 | 0.13% | $76.55K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 4,205 | 0.03% | $15.47K | 0.00% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 1,032 | 0.01% | $3.82K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Derek L. Fletcher | See Remarks, Director | 5,336 | 0.03% | Sep 17, 2026 |
| James G. Silk | Chief Executive Officer | 2,212,012 | 14.34% | Sep 17, 2026 |
| Jeff Welday | See Remarks | 172,394 | 1.12% | Jul 23, 2025 |
| Peter T. Cangany Jr | Director | 432,256 | 2.80% | Sep 22, 2026 |
| Bruce William Schnitzer | Director | 513,553 | 3.33% | Sep 22, 2026 |
| Mack H. Hicks | Director, 10% owner | 149,904 | 0.97% | Sep 22, 2026 |
| Karen Wendel | Director | 58,874 | 0.38% | Sep 22, 2026 |
| Holdings Operating LLC Hicks | 10% owner | 11,587,533 | 75.12% | Sep 22, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Bruce William Schnitzer Director | Sep 18, 2026 | Award | +188,679 | – | – | 513,553 |
| Bruce William Schnitzer Director | Sep 18, 2026 | Award | +29,894 | – | – | 324,874 |
| Bruce William Schnitzer Director | Sep 18, 2026 | Award | +176,887 | – | – | 294,980 |
| Karen Wendel Director | Sep 18, 2026 | Award | +32,960 | – | – | 58,874 |
| Karen Wendel Director | Sep 18, 2026 | Award | +44,016 | – | – | 102,890 |
| Holdings Operating LLC Hicks 10% owner | Sep 18, 2026 | Award | +26,828 | – | – | 26,828 |
| Peter T. Cangany Jr Director | Sep 18, 2026 | Award | +247,642 | – | – | 379,131 |
| Peter T. Cangany Jr Director | Sep 18, 2026 | Award | +32,960 | – | – | 131,489 |
| Peter T. Cangany Jr Director | Sep 15, 2026 | Buy | +18,868 | $1.06 | $20.00K | 98,529 |
| James G. Silk Chief Executive Officer | Sep 15, 2026 | Buy | +9,434 | $1.06 | $10.00K | 1,110,930 |
| Derek L. Fletcher See Remarks, Director | Sep 15, 2026 | Buy | +4,717 | $1.06 | $5.00K | 5,336 |
| Bruce William Schnitzer Director | Dec 5, 2025 | Award | +931,837 | – | – | 933,767 |
| Peter T. Cangany Jr Director | Dec 5, 2025 | Award | +635,690 | – | – | 636,896 |
| James G. Silk Chief Executive Officer | Oct 15, 2025 | Other | +1,101,082 | $4.16 | $4.58M | 1,101,082 |
| James G. Silk Chief Executive Officer | Oct 15, 2025 | Other | −1,101,082 | – | – | 0 |
| James G. Silk Chief Executive Officer | Oct 15, 2025 | Other | +1,101,082 | – | – | 1,101,496 |
| James G. Silk Chief Executive Officer | Oct 15, 2025 | Other | −1,101,082 | $4.16 | $4.58M | 0 |
| Jeff Welday See Remarks | Jul 21, 2025 | Award | +30,687 | – | – | 172,394 |
| Jeff Welday See Remarks | Apr 24, 2025 | Award | +1,670 | – | – | 141,707 |
| Jeff Welday See Remarks | Mar 4, 2025 | Sale | −941 | $0.34 | $320 | 140,037 |
| Jeff Welday See Remarks | Feb 28, 2025 | Sale | −442 | $0.41 | $181 | 140,978 |
| Jeff Welday See Remarks | Feb 27, 2025 | Sale | −238 | $0.41 | $98 | 141,420 |
| Jeff Welday See Remarks | Feb 26, 2025 | Sale | −201 | $0.42 | $84 | 141,658 |
| Jeff Welday See Remarks | Feb 25, 2025 | Sale | −408 | $0.42 | $171 | 141,859 |
| Jeff Welday See Remarks | Feb 24, 2025 | Sale | −548 | $0.42 | $230 | 142,267 |
| Jeff Welday See Remarks | Feb 21, 2025 | Sale | −476 | $0.44 | $209 | 142,815 |
| Jeff Welday See Remarks | Feb 20, 2025 | Sale | −204 | $0.45 | $92 | 143,291 |
| Jeff Welday See Remarks | Feb 19, 2025 | Sale | −272 | $0.47 | $128 | 143,495 |
| Jeff Welday See Remarks | Feb 18, 2025 | Sale | −1,191 | $0.47 | $560 | 143,767 |
| Jeff Welday See Remarks | Feb 14, 2025 | Sale | −272 | $0.55 | $150 | 144,958 |
| Jeff Welday See Remarks | Feb 13, 2025 | Sale | −510 | $0.53 | $270 | 145,230 |
| Jeff Welday See Remarks | Feb 12, 2025 | Sale | −885 | $0.63 | $558 | 145,740 |
| Jeff Welday See Remarks | Feb 11, 2025 | Sale | −2,586 | $0.67 | $1.73K | 146,625 |
| Jeff Welday See Remarks | Feb 10, 2025 | Sale | −306 | $0.59 | $181 | 149,211 |
| Jeff Welday See Remarks | Feb 7, 2025 | Sale | −340 | $0.58 | $197 | 149,517 |
| Jeff Welday See Remarks | Feb 6, 2025 | Sale | −136 | $0.59 | $80 | 149,857 |
| Jeff Welday See Remarks | Feb 5, 2025 | Sale | −272 | $0.60 | $163 | 149,993 |
| Jeff Welday See Remarks | Feb 4, 2025 | Sale | −170 | $0.59 | $100 | 150,265 |
| Jeff Welday See Remarks | Feb 3, 2025 | Sale | −170 | $0.59 | $100 | 150,435 |
| Jeff Welday See Remarks | Jan 31, 2025 | Sale | −170 | $0.62 | $105 | 150,605 |
| Jeff Welday See Remarks | Jan 30, 2025 | Sale | −306 | $0.62 | $190 | 150,775 |
| Jeff Welday See Remarks | Jan 29, 2025 | Sale | −1,199 | $0.62 | $743 | 151,081 |
| Jeff Welday See Remarks | Jan 16, 2025 | Award | +1,670 | – | – | 152,280 |
| Jeff Welday See Remarks | Jan 14, 2025 | Award | +61,592 | – | – | 150,610 |
| Jeff Welday See Remarks | Dec 23, 2024 | Sale | −3,364 | $0.65 | $2.19K | 89,018 |
| Jeff Welday See Remarks | Dec 20, 2024 | Sale | −1,241 | $0.67 | $831 | 92,382 |
| Jeff Welday See Remarks | Dec 19, 2024 | Sale | −896 | $0.70 | $627 | 93,623 |
| Jeff Welday See Remarks | Dec 18, 2024 | Sale | −807 | $0.74 | $597 | 94,519 |
| Jeff Welday See Remarks | Dec 17, 2024 | Sale | −1,055 | $0.75 | $791 | 95,326 |
| Jeff Welday See Remarks | Dec 16, 2024 | Sale | −1,120 | $0.81 | $907 | 96,381 |
| Jeff Welday See Remarks | Dec 13, 2024 | Sale | −455 | $0.80 | $364 | 97,501 |
| Jeff Welday See Remarks | Dec 12, 2024 | Sale | −905 | $0.79 | $715 | 97,956 |
| Jeff Welday See Remarks | Dec 11, 2024 | Sale | −960 | $0.79 | $758 | 98,861 |
| Jeff Welday See Remarks | Dec 10, 2024 | Sale | −546 | $0.80 | $437 | 99,821 |
| Jeff Welday See Remarks | Dec 9, 2024 | Sale | −709 | $0.82 | $581 | 100,367 |
| Jeff Welday See Remarks | Dec 6, 2024 | Sale | −1,823 | $0.81 | $1.48K | 101,076 |
| Jeff Welday See Remarks | Dec 5, 2024 | Sale | −1,091 | $0.81 | $884 | 102,899 |
| Jeff Welday See Remarks | Dec 4, 2024 | Sale | −1,273 | $0.82 | $1.04K | 103,990 |
| Jeff Welday See Remarks | Dec 3, 2024 | Sale | −1,746 | $0.82 | $1.43K | 105,263 |
| Jeff Welday See Remarks | Dec 2, 2024 | Sale | −1,721 | $0.83 | $1.43K | 107,009 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Hatteras Master Fund, L.P. 10% Stockholder | Mar 7, 2024 | 1,000,000 | $105.20K | Mar 6, 2024 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Feb 27, 2024 | 1,000,000 | $135.00K | Feb 27, 2024 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Feb 23, 2024 | 500,000 | $98.85K | Feb 23, 2024 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Feb 8, 2024 | 500,000 | $159.95K | Feb 7, 2024 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Dec 6, 2023 | 500,000 | $250.55K | Dec 5, 2023 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Oct 19, 2023 | 500,000 | $365.50K | Oct 19, 2023 | Business combination with SPAC |
| Hatteras Master Fund, L.P. 10% Stockholder | Sep 8, 2023 | 500,000 | $1.59M | Sep 8, 2023 | Business combination with SPAC |