Ryan Specialty Holdings, Inc. (RYAN) shareholders
RYANNYSEInsurance Agents, Brokers & ServiceFiscal year ends December 31
$46.15−0.72 (-1.54%)
Close on Nov 12, 2026Market cap $11.61BP/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
46.3%
116M of 252M 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 |
|---|---|---|---|---|
| Patrick G. Ryan Joint filing with Shirley W. Ryan (53.38%), Robert J. W. Ryan (53.38%) | 127,423,125 | 53.38% | 13G (passive) amendment | Mar 31, 2025 |
| 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 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RYAN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 10,494,326 | 4.17% | $396.27M | −375,499 | 0.01% |
| Vulcan Value Partners, LLC | 7,912,669 | 3.15% | $298.78M | +1,317,334 | 9.09% |
| T. Rowe Price Investment Management, Inc. | 6,625,372 | 2.63% | $250.18M | −477,854 | 0.16% |
| Orbis Allan Gray Ltd | 6,307,845 | 2.51% | $238.18M | New | 0.82% |
| Neuberger Berman Group LLC | 5,572,840 | 2.22% | $210.50M | +2,467,296 | 0.14% |
| Vanguard Portfolio Management LLC | 5,266,873 | 2.09% | $198.88M | −75,394 | 0.01% |
| Vanguard Capital Management LLC | 5,218,054 | 2.07% | $197.03M | +17,262 | 0.00% |
| FMR LLC | 5,130,211 | 2.04% | $193.72M | +4,803,478 | 0.01% |
| State Street Corp | 3,706,058 | 1.47% | $139.94M | +72,722 | 0.00% |
| Polar Capital Holdings Plc | 2,940,000 | 1.17% | $111.01M | +490,000 | 0.26% |
| Bank Of Montreal /Can/ | 2,767,113 | 1.10% | $104.49M | +479,238 | 0.03% |
| Stephens Investment Management Group LLC | 2,716,484 | 1.08% | $102.57M | +292,147 | 1.10% |
| Montrusco Bolton Investments Inc. | 2,689,031 | 1.07% | $101.54M | −1,333,475 | 1.57% |
| Independent Franchise Partners LLP | 2,645,789 | 1.05% | $99.90M | −175,065 | 0.66% |
| Kayne Anderson Rudnick Investment Management LLC | 2,343,513 | 0.93% | $88.49M | −661,939 | 0.27% |
| UBS Group AG | 2,201,085 | 0.87% | $83.11M | +1,410,381 | 0.01% |
| Geode Capital Management, LLC | 2,124,953 | 0.84% | $80.26M | −145,221 | 0.00% |
| Manufacturers Life Insurance Company, The | 2,014,407 | 0.80% | $76.06M | +1,469,153 | 0.06% |
| Morgan Stanley | 1,682,829 | 0.67% | $63.54M | −596,030 | 0.00% |
| Norges Bank | 1,546,443 | 0.61% | $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 | 46.3% | 83 / 114 | 134 / 73 | 31M | 25M |
| Q1 2026 | 363 | 111M | 44.1% | 78 / 139 | 106 / 89 | 32M | 26M |
| Q4 2025 | 379 | 115M | 45.7% | 82 / 122 | 126 / 63 | 23M | 13M |
| Q3 2025 | 364 | 105M | 41.6% | 59 / 150 | 103 / 68 | 17M | 15M |
| Q2 2025 | 374 | 103M | 41.0% | 50 / 143 | 130 / 51 | 12M | 9M |
| Q1 2025 | 375 | 100M | 39.8% | 64 / 134 | 129 / 45 | 14M | 11M |
| Q4 2024 | 360 | 98M | 39.0% | 54 / 155 | 101 / 38 | 11M | 10M |
| Q3 2024 | 348 | 98M | 38.9% | 74 / 111 | 119 / 23 | 16M | 6M |
| Q2 2024 | 300 | 99M | 39.4% | 71 / 96 | 92 / 37 | 17M | 11M |
| Q1 2024 | 270 | 93M | 37.1% | 51 / 98 | 91 / 35 | 10M | 7M |
| Q4 2023 | 256 | 90M | 35.8% | 36 / 93 | 91 / 22 | 8M | 7M |
| Q3 2023 | 242 | 89M | 35.5% | 46 / 103 | 57 / 17 | 9M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
333 funds held RYAN in Q2 2026, 45% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of RYAN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3,895,247 | 1.55% | $147.08M | 0.12% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 3,704,205 | 1.47% | $139.87M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,673,862 | 1.06% | $100.97M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Value Fund | 2,501,900 | 0.99% | $110.48M | 2.02% | Jul 31, 2026 |
| Neuberger Genesis Fund | 1,993,711 | 0.79% | $63.50M | 0.86% | May 31, 2026 |
| T. Rowe Price Mid-Cap Growth Fund, Inc. | 1,894,790 | 0.75% | $71.55M | 0.31% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 1,539,312 | 0.61% | $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 | 0.52% | $49.41M | 0.05% | Jun 30, 2026 |
| Independent Franchise Partners US Equity Fund | 872,423 | 0.35% | $32.94M | 2.44% | Jun 30, 2026 |
| Virtus KAR Small-Cap Growth Fund | 750,273 | 0.30% | $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 | 0.24% | $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 | 13,873,334 | 5.51% | Aug 6, 2026 |
| Timothy William Turner | Chief Executive Officer, Director | 2,168,739 | 0.86% | May 6, 2026 |
| Brendan Martin Mulshine | Co-President and CRO | 754,193 | 0.30% | 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 | 0.86% | 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 | 0.33% | Apr 30, 2026 |
| Patrick G. Ryan Jr | Director | 6,265,349 | 2.49% | Apr 30, 2026 |
| David P. Bolger | Director | 87,047 | 0.03% | Apr 30, 2026 |
| Corp Onex | Director | 4,145,621 | 1.65% | 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.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
12.51%
13M shares short
Days to cover
6.4
At 2M shares a day
Change since last report
-4.6%
From 14M shares
Short volume, 20 days
60.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Ryan Specialty's stock actually held short. Settlement fails (shares not delivered on time) peaked at 151,243 shares on Oct 6, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Benjamin MIles Wuller Officer | Nov 10, 2026 | 50,000 | $2.36M | Nov 10, 2026 | Pre-IPO Incentive Equity into LLC Units of Post IPO Up-C Corporate Structure |
| Benjamin MIles Wuller Officer | Nov 9, 2026 | 50,000 | $2.37M | Nov 9, 2026 | Pre-IPO Incentive Equity into LLC Units of Post IPO Up-C Corporate Structure |
| Brendan Martin Mulshine 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 |
| Michael Conklin Officer | Aug 13, 2026 | 2,043 | $86.34K | Aug 13, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Timothy William Turner 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. |
| Mark Stephen Katz 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 |
| Jeremiah Rawlins Bickham 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 |
| Brendan Martin Mulshine 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 |
| Louise M Cortezi Family Trust Director | Jan 30, 2025 | 8,549 | $563.29K | Jan 30, 2025 | Converted LLC Common Units |
| Louise M Cortezi Family Resource Trust Director | Jan 29, 2025 | 4,900 | $320.75K | Jan 29, 2025 | Converted LLC Common Units |
| Louise M Cortezi Family Trust Director | Jan 29, 2025 | 30,100 | $1.97M | Jan 29, 2025 | Converted LLC Common Units |
| Louise M Cortezi Family Resource Trust Director | Jan 28, 2025 | 4,900 | $320.26K | Jan 28, 2025 | Converted LLC Common Units |
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