RYANNYSEInsurance Agents, Brokers & ServiceFiscal year ends December 31
RYAN SPECIALTY HOLDINGS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$40.77+0.02 (+0.05%)
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
45.5%
116M of 256M shares
Institutional holders
366
83 new, 73 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
9 buys · 4 sales
Net sold $228.99M
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 |
|---|---|---|---|---|
| BlackRock, Inc. | 9,294,486 | 7.70% | 13G (passive) | Sep 30, 2024 |
| Vulcan Value Partners, LLC | 7,912,669 | 6.11% | 13G (passive) amendment | Jun 30, 2026 |
| T. Rowe Price Investment Management, Inc. | 7,552,002 | 5.90% | 13G (passive) | Dec 31, 2025 |
| Patrick G. Ryan | 127,423,125 | 53.38% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RYAN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 10,494,326 | 4.10% | $396.27M | −375,499 | 0.01% |
| Vulcan Value Partners, LLC | 7,912,669 | 3.09% | $298.78M | +1,317,334 | 9.09% |
| T. Rowe Price Investment Management, Inc. | 6,625,372 | 2.59% | $250.18K | −477,854 | 0.16% |
| Orbis Allan Gray Ltd | 6,307,845 | 2.47% | $238.18M | New | 0.82% |
| Neuberger Berman Group LLC | 5,572,840 | 2.18% | $210.50M | +2,467,296 | 0.14% |
| Vanguard Portfolio Management LLC | 5,266,873 | 2.06% | $198.88M | −75,394 | 0.01% |
| Vanguard Capital Management LLC | 5,218,054 | 2.04% | $197.03M | +17,262 | 0.00% |
| FMR LLC | 5,130,211 | 2.01% | $193.72M | +4,803,478 | 0.01% |
| State Street Corp | 3,706,058 | 1.45% | $139.94M | +72,722 | 0.00% |
| Polar Capital Holdings Plc | 2,940,000 | 1.15% | $111.01M | +490,000 | 0.26% |
| Bank Of Montreal /Can/ | 2,767,113 | 1.08% | $104.49M | +479,238 | 0.03% |
| Stephens Investment Management Group LLC | 2,716,484 | 1.06% | $102.57M | +292,147 | 1.10% |
| Montrusco Bolton Investments Inc. | 2,689,031 | 1.05% | $101.54M | −1,333,475 | 1.57% |
| Independent Franchise Partners LLP | 2,645,789 | 1.03% | $99.90M | −175,065 | 0.66% |
| Kayne Anderson Rudnick Investment Management LLC | 2,343,513 | 0.92% | $88.49M | −661,939 | 0.27% |
| UBS Group AG | 2,201,085 | 0.86% | $83.11M | +1,410,381 | 0.01% |
| Geode Capital Management, LLC | 2,124,953 | 0.83% | $80.26M | −145,221 | 0.00% |
| Manufacturers Life Insurance Company, The | 2,014,407 | 0.79% | $76.06M | +1,469,153 | 0.06% |
| Morgan Stanley | 1,682,829 | 0.66% | $63.54M | −596,030 | 0.00% |
| Norges Bank | 1,546,443 | 0.60% | $58.39M | New | 0.01% |
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 | 366 | 116M | 45.5% | 83 / 114 | 134 / 73 | 31M | 25M |
| Q1 2026 | 363 | 111M | 43.4% | 78 / 139 | 106 / 89 | 32M | 26M |
| Q4 2025 | 379 | 115M | 44.9% | 82 / 122 | 126 / 63 | 23M | 13M |
| Q3 2025 | 364 | 105M | 40.9% | 59 / 150 | 103 / 68 | 17M | 15M |
| Q2 2025 | 374 | 103M | 40.3% | 50 / 143 | 130 / 51 | 12M | 9M |
| Q1 2025 | 375 | 100M | 39.2% | 64 / 134 | 129 / 45 | 14M | 11M |
| Q4 2024 | 360 | 98M | 38.4% | 54 / 155 | 101 / 38 | 11M | 10M |
| Q3 2024 | 348 | 98M | 38.2% | 74 / 111 | 119 / 23 | 16M | 6M |
| Q2 2024 | 300 | 99M | 38.7% | 71 / 96 | 92 / 37 | 17M | 11M |
| Q1 2024 | 270 | 93M | 36.5% | 51 / 98 | 91 / 35 | 10M | 7M |
| Q4 2023 | 256 | 90M | 35.2% | 36 / 93 | 91 / 22 | 8M | 7M |
| Q3 2023 | 242 | 89M | 34.9% | 46 / 103 | 57 / 17 | 9M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of RYAN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3,895,247 | 1.52% | $147.08M | 0.12% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 3,704,205 | 1.45% | $139.87M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,673,862 | 1.05% | $100.97M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Value Fund | 2,501,900 | 0.98% | $110.48M | 2.02% | Jul 31, 2026 |
| Neuberger Genesis Fund | 1,993,711 | 0.78% | $63.50M | 0.86% | May 31, 2026 |
| T. Rowe Price Mid-Cap Growth Fund, Inc. | 1,894,790 | 0.74% | $71.55M | 0.31% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 1,539,312 | 0.60% | $58.12M | 0.12% | Jun 30, 2026 |
| Fidelity Value Fund | 1,471,100 | 0.58% | $64.96M | 0.62% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 1,308,585 | 0.51% | $49.41M | 0.05% | Jun 30, 2026 |
| Independent Franchise Partners US Equity Fund | 872,423 | 0.34% | $32.94M | 2.44% | Jun 30, 2026 |
| Virtus KAR Small-Cap Growth Fund | 750,273 | 0.29% | $28.33M | 4.59% | Jun 30, 2026 |
| Vanguard Explorer Fund | 637,989 | 0.25% | $28.17M | 0.13% | Jul 31, 2026 |
| JPMorgan Small Cap Equity Fund | 597,372 | 0.23% | $22.56M | 0.78% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 590,920 | 0.23% | $18.82M | 0.04% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | 576,698 | 0.23% | $21.78M | 0.12% | Jun 30, 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 |
|---|---|---|---|---|
| Patrick G. Ryan | Executive Chairman, Director, 10% owner | 119,877,800 | 46.86% | Aug 6, 2026 |
| Timothy William Turner | Chief Executive Officer, Director | 2,168,739 | 0.85% | May 6, 2026 |
| Brendan Martin Mulshine | Co-President and CRO | 754,193 | 0.29% | Sep 9, 2026 |
| Michael Conklin | EVP & CHRO | 8,153 | 0.00% | Aug 14, 2026 |
| Stephen Patrick Keogh | Co-President and COO | – | – | Aug 6, 2026 |
| Janice M. Hamilton | Chief Financial Officer | 160,515 | 0.06% | Jul 24, 2026 |
| Mark Stephen Katz | EVP & General Counsel | 45,449 | 0.02% | Jun 4, 2026 |
| Benjamin MIles Wuller | CEO RSUM | 532,575 | 0.21% | May 6, 2026 |
| Jeremiah Rawlins Bickham | President | 181,667 | 0.07% | May 19, 2025 |
| Ryan Specialty Holdings, Inc. | Chief Operating Officer | – | – | May 13, 2025 |
| Nicholas Dominic Cortezi | Director | 2,164,913 | 0.85% | Aug 18, 2026 |
| Henry S. Bienen | Director | 53,385 | 0.02% | Aug 12, 2026 |
| Anthony J. Kuczinski | Director | 13,072 | 0.01% | Jun 15, 2026 |
| John W. Rogers Jr | Director | 117,933 | 0.05% | Jun 11, 2026 |
| Francesca Cornelli | Director | 10,377 | 0.00% | Apr 30, 2026 |
| Michelle L. Collins | Director | 19,219 | 0.01% | Apr 30, 2026 |
| Michael G. Bungert | Director | 4,615 | 0.00% | Apr 30, 2026 |
| Michael D. Ohalleran | Director | 820,915 | 0.32% | Apr 30, 2026 |
| Patrick G. Ryan Jr | Director | 6,265,349 | 2.45% | Apr 30, 2026 |
| David P. Bolger | Director | 87,047 | 0.03% | Apr 30, 2026 |
| Corp Onex | Director | 4,145,621 | 1.62% | Dec 5, 2025 |
| Gerald W. Schwartz | Director | – | – | Dec 5, 2025 |
| RSG Holdings LP Onex | Director | 0 | – | Dec 5, 2025 |
| RSG LP Onex | Director | – | – | Dec 5, 2025 |
| RSG GP Inc. Onex | Director | – | – | Dec 5, 2025 |
| D. Cameron Findlay | Director | 103,225 | 0.04% | Jun 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Brendan Martin Mulshine Co-President and CRO | Sep 8, 2026 | Sale | −40,000 | $40.51 | $1.62M | 75,366 |
| Brendan Martin Mulshine Co-President and CRO | Sep 4, 2026 | Conversion | −40,000 | – | – | 604,235 |
| Brendan Martin Mulshine Co-President and CRO | Sep 4, 2026 | Conversion | +40,000 | – | – | 115,366 |
| Nicholas Dominic Cortezi Director | Aug 14, 2026 | Other | −313,116 | – | – | 313,116 |
| Nicholas Dominic Cortezi Director | Aug 14, 2026 | Other | −1,841,019 | – | – | 1,841,020 |
| Michael Conklin EVP & CHRO | Aug 13, 2026 | Sale | −2,043 | $42.26 | $86.34K | 8,153 |
| Henry S. Bienen Director | Aug 10, 2026 | Gift | −3,000 | – | – | 24,795 |
| Janice M. Hamilton Chief Financial Officer | Jul 22, 2026 | Tax withholding | −1,706 | $40.89 | $69.76K | 18,689 |
| Janice M. Hamilton Chief Financial Officer | Jul 22, 2026 | Option exercise | +5,821 | – | – | 20,395 |
| Anthony J. Kuczinski Director | Jun 12, 2026 | Buy | +500 | $35.77 | $17.89K | 13,072 |
| Anthony J. Kuczinski Director | Jun 11, 2026 | Buy | +2,500 | $34.83 | $87.08K | 12,572 |
| John W. Rogers Jr Director | Jun 10, 2026 | Buy | +7,500 | $35.16 | $263.70K | 117,933 |
| Patrick G. Ryan Executive Chairman, Director, 10% owner | Jun 5, 2026 | Buy | +120,000 | $32.50 | $3.90M | 13,817,859 |
| Mark Stephen Katz EVP & General Counsel | Jun 3, 2026 | Buy | +3,215 | $31.07 | $99.89K | 4,332 |
| Janice M. Hamilton Chief Financial Officer | Jun 3, 2026 | Buy | +6,300 | $31.79 | $200.28K | 14,574 |
| Henry S. Bienen Director | May 29, 2026 | Gift | −2,700 | – | – | 27,795 |
| Henry S. Bienen Director | May 28, 2026 | Gift | +5,757 | – | – | 30,495 |
| Henry S. Bienen Director | May 28, 2026 | Gift | −5,757 | – | – | 0 |
| Michael D. Ohalleran Director | Apr 28, 2026 | Award | +5,757 | – | – | 238,963 |
| Anthony J. Kuczinski Director | Apr 28, 2026 | Award | +5,757 | – | – | 10,072 |
| Michelle L. Collins Director | Apr 28, 2026 | Award | +5,757 | – | – | 19,219 |
| Francesca Cornelli Director | Apr 28, 2026 | Award | +5,757 | – | – | 10,377 |
| Nicholas Dominic Cortezi Director | Apr 28, 2026 | Award | +5,757 | – | – | 10,777 |
| John W. Rogers Jr Director | Apr 28, 2026 | Award | +5,757 | – | – | 110,433 |
| Henry S. Bienen Director | Apr 28, 2026 | Award | +5,757 | – | – | 5,757 |
| Patrick G. Ryan Jr Director | Apr 28, 2026 | Award | +5,757 | – | – | 262,316 |
| Michael G. Bungert Director | Apr 28, 2026 | Award | +4,615 | – | – | 4,615 |
| David P. Bolger Director | Apr 28, 2026 | Award | +5,757 | – | – | 20,580 |
| Michael Conklin EVP & CHRO | Apr 1, 2026 | Tax withholding | −2,176 | $33.74 | $73.42K | 10,196 |
| Michael Conklin EVP & CHRO | Apr 1, 2026 | Option exercise | +7,637 | – | – | 12,372 |
| Patrick G. Ryan Jr Director | Feb 23, 2026 | Buy | +24,000 | $39.94 | $958.56K | 426,795 |
| Patrick G. Ryan Jr Director | Feb 23, 2026 | Buy | +1,500 | $40.20 | $60.30K | 428,295 |
| Patrick G. Ryan Jr Director | Feb 20, 2026 | Buy | +365 | $41.41 | $15.11K | 256,559 |
| Timothy William Turner Chief Executive Officer, Director | Dec 12, 2025 | Sale | −129,570 | $53.61 | $6.95M | 12,553 |
| Timothy William Turner Chief Executive Officer, Director | Dec 11, 2025 | Option exercise | +129,964 | – | – | 142,123 |
| Patrick G. Ryan Executive Chairman, Director, 10% owner | Dec 10, 2025 | Gift | −2,100 | – | – | 13,697,859 |
| Patrick G. Ryan Jr Director | Dec 10, 2025 | Gift | +2,100 | – | – | 402,795 |
| RSG Holdings LP Onex Director | Dec 5, 2025 | Sale | −4,145,621 | $54.50 | $225.94M | 0 |
| Patrick G. Ryan Executive Chairman, Director, 10% owner | Sep 12, 2025 | Buy | +276,634 | $51.84 | $14.34M | 13,699,959 |
| Patrick G. Ryan Jr Director | Sep 2, 2025 | Buy | +100 | $55.54 | $5.55K | 256,194 |
| Patrick G. Ryan Jr Director | Aug 26, 2025 | Small purchase | +5.16 | $57.99 | $299 | 256,094 |
| Janice M. Hamilton Chief Financial Officer | Jul 22, 2025 | Option exercise | +5,821 | – | – | 10,586 |
| Janice M. Hamilton Chief Financial Officer | Jul 22, 2025 | Tax withholding | −2,312 | $65.27 | $150.90K | 8,274 |
| Mark Stephen Katz EVP & General Counsel | Jun 13, 2025 | Option exercise | +14,377 | – | – | 15,494 |
| Mark Stephen Katz EVP & General Counsel | Jun 13, 2025 | Sale(10b5-1 plan) | −14,377 | $65.84 | $946.58K | 1,117 |
| Henry S. Bienen Director | Jun 13, 2025 | Gift | −900 | – | – | 24,738 |
| Henry S. Bienen Director | Jun 12, 2025 | Gift | +1,161 | – | – | 28,590 |
| Henry S. Bienen Director | Jun 12, 2025 | Gift | −2,323 | – | – | 0 |
| Henry S. Bienen Director | Jun 12, 2025 | Gift | +1,162 | – | – | 25,638 |
| David P. Bolger Director | Jun 3, 2025 | Sale | −5,000 | $70.80 | $354.00K | 71,467 |
| David P. Bolger Director | Jun 3, 2025 | Gift | −5,000 | – | – | 66,467 |
| Michelle L. Collins Director | May 30, 2025 | Award | +2,323 | – | – | 13,462 |
| Francesca Cornelli Director | May 30, 2025 | Award | +2,323 | – | – | 4,620 |
| D. Cameron Findlay Director | May 30, 2025 | Award | +2,323 | – | – | 73,728 |
| Anthony J. Kuczinski Director | May 30, 2025 | Award | +2,323 | – | – | 4,315 |
| Henry S. Bienen Director | May 30, 2025 | Award | +2,323 | – | – | 2,323 |
| Nicholas Dominic Cortezi Director | May 30, 2025 | Award | +2,323 | – | – | 5,020 |
| Patrick G. Ryan Jr Director | May 30, 2025 | Award | +2,323 | – | – | 256,056 |
| John W. Rogers Jr Director | May 30, 2025 | Award | +2,323 | – | – | 104,676 |
| David P. Bolger Director | May 30, 2025 | Award | +2,323 | – | – | 14,823 |
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 |
|---|---|---|---|---|---|
| Martin Mulshine Brendan Officer | Sep 8, 2026 | 40,000 | $1.62M | Sep 8, 2026 | Conversion of Pre IPO Incentive Equity into LLC Units of Post IPO UP-C Corporate Structure |
| Lavern Conklin Michael Officer | Aug 13, 2026 | 2,043 | $86.34K | Aug 13, 2026 | Restricted Stock Vesting Under a Registered Plan |
| W. Turner Timothy Affiliate | Dec 12, 2025 | 129,570 | $7.02M | Dec 12, 2025 | Conversion of Pre IPO incentive equity into LLC Units of Post IPO Up-C corporate structure |
| RSG Holdings LP Onex Affiliate of director of Issuer | Dec 5, 2025 | 173,778 | $9.76M | Dec 5, 2025 | Exchange transactions in connection with IPO of Ryan Specialty Holdings, Inc. |
| RSG LP Onex Affiliate of director of Issuer | Dec 5, 2025 | 3,971,843 | $223.02M | Dec 5, 2025 | Exchange transactions in connection with IPO of Ryan Specialty Holdings, Inc. |
| Katz Mark Officer | Jun 13, 2025 | 14,377 | $952.48K | Jun 13, 2025 | Conversion of Class C Partnership Units of Up-C Corporate Structure |
| David P. Bolger Director | Jun 3, 2025 | 5,000 | $359.85K | Jun 3, 2025 | Stock Options from Preferred Stock & Mezzanine Debt |
| Bickham Jeremiah Affiliate | May 16, 2025 | 50,000 | $3.49M | May 16, 2025 | Conversion of Pre IPO incentive equity into LLC Units of Post IPO Up-C corporate structure |
| Martin Mulshine Brendan Officer | Mar 14, 2025 | 30,000 | $2.08M | Mar 14, 2025 | Conversion of Pre IPO Incentive Equity into LLC Units of Post IPO UP-C Corporate Structure |
| M. Cortezi Family Trust Louise Director | Jan 30, 2025 | 8,549 | $563.29K | Jan 30, 2025 | Converted LLC Common Units |
| M. Cortezi Family Resource Trust Louise Director | Jan 29, 2025 | 4,900 | $320.75K | Jan 29, 2025 | Converted LLC Common Units |
| M. Cortezi Family Trust Louise Director | Jan 29, 2025 | 30,100 | $1.97M | Jan 29, 2025 | Converted LLC Common Units |
| M. Cortezi Family Resource Trust Louise Director | Jan 28, 2025 | 4,900 | $320.26K | Jan 28, 2025 | Converted LLC Common Units |
| M. Cortezi Family Trust Louise Director | Jan 28, 2025 | 30,100 | $1.97M | Jan 28, 2025 | Converted LLC Common Units |
| M. Cortezi Family Resource Trust Louise Director | Jan 27, 2025 | 4,900 | $309.83K | Jan 27, 2025 | Converted LLC Common Units |