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Held by 310 of 5,944 reporting institutions (94th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $104.22 today, the market must believe free cash flow compounds 8.7%/yr for a decade (off $348M normalized FCF).
The market's 8.7% is more conservative than its 9-yr track record.
2-stage DCF · 0.06B shares · net debt $806M
mean 35.1% · volatility σ 47% · implied rate exceeded in 6/9 yrs
Central path = implied 8.7%/yr growth; shaded band = ±1σ (47%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
4/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 41% of free cash flow, leaving room to grow it and fund buybacks. Last year: $157M dividends + $196M buybacks = $353M returned on $381M FCF.
4 consecutive years of dividend increases · 82%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 10%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~6.6% on $970M of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.31B 100.0% | $893.5M 100.0% | $821.0M 100.0% | $854.8M 100.0% | $890.3M 100.0% | $775.4M 100.0% | $612.4M 100.0% | $413.4M 100.0% | $409.6M 100.0% | $297.9M 100.0% |
| Selling, General & Admin | $83.3M 6.4% | $56.7M 6.3% | $56.3M 6.9% | $52.4M 6.1% | $53.7M 6.0% | $51.2M 6.6% | $46.6M 7.6% | $30.0M 7.3% | $34.0M 8.3% | $26.6M 8.9% |
| Total Operating Expenses | $827.7M 63.4% | $466.0M 52.2% | $492.6M 60.0% | $455.7M 53.3% | $516.4M 58.0% | $460.6M 59.4% | $447.8M 73.1% | $298.9M 72.3% | $319.5M 78.0% | $273.4M 91.8% |
| Operating Income | $478.4M 36.6% | $427.5M 47.8% | $328.5M 40.0% | $399.1M 46.7% | $373.8M 42.0% | $314.7M 40.6% | $164.6M 26.9% | $114.5M 27.7% | $90.2M 22.0% | $24.5M 8.2% |
| Interest Expense | $63.9M 4.9% | $75.8M 8.5% | $75.0M 9.1% | $42.7M 5.0% | $17.3M 1.9% | $30.9M 4.0% | $36.4M 5.9% | $17.3M 4.2% | $41.6M 10.1% | $29.5M 9.9% |
| Other Income (Expense), net | -$40.1M -3.1% | -$53.8M -6.0% | -$52.5M -6.4% | -$49.1M -5.7% | -$23.2M -2.6% | -$36.2M -4.7% | -$43.9M -7.2% | -$29.6M -7.2% | -$51.7M -12.6% | -$33.6M -11.3% |
| Pretax Income | $438.3M 33.6% | $373.8M 41.8% | $275.9M 33.6% | $350.0M 40.9% | $350.6M 39.4% | $278.5M 35.9% | $120.7M 19.7% | $84.9M 20.5% | $38.5M 9.4% | -$9.1M -3.0% |
| Income Tax Expense | $108.3M 8.3% | $84.9M 9.5% | $62.8M 7.6% | $74.5M 8.7% | $72.3M 8.1% | $66.0M 8.5% | $28.2M 4.6% | $21.2M 5.1% | $12.6M 3.1% | -$3.0M -1.0% |
| Net Income | $330.1M 25.3% | $288.9M 32.3% | $213.2M 26.0% | $275.5M 32.2% | $278.4M 31.3% | $212.5M 27.4% | $92.5M 15.1% | $63.7M 15.4% | $25.8M 6.3% | -$6.1M -2.0% |
| Per Share | ||||||||||
| EPS (Basic) | $4.13 | $4.47 | $3.22 | $4.02 | $4.10 | $3.14 | $1.37 | $0.96 | $0.47 | $-0.12 |
| EPS (Diluted) | $4.08 | $4.38 | $3.12 | $3.81 | $3.75 | $2.88 | $1.26 | $0.90 | $0.43 | $-0.12 |
| Weighted Avg Shares (Basic) | 65.4M | 64.6M | 66.2M | 68.5M | 68.0M | 67.7M | 67.6M | 66.3M | 54.9M | 50.0M |
| Weighted Avg Shares (Diluted) | 66.4M | 65.9M | 68.2M | 72.3M | 74.2M | 73.7M | 73.5M | 70.5M | 59.6M | 50.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 838 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPM | $941.8B | 17.4× | — | 5.2× | 2.8% | — | 31.3% | 15.7% | 13.4% | — | 4,823 |
| V | $694.5B | — | — | 17.4× | 11.3% | — | 50.1% | 52.9% | 31.8% | — | 4,229 |
| MA | $512.0B | 34.3× | — | 15.6× | 16.4% | — | 45.6% | 193% | 56.0% | — | 3,430 |
| BAC | $419.6B | 15.3× | — | 3.7× | 6.8% | — | 27.0% | 10.1% | 4.9% | — | 3,337 |
| GS | $282.1B | 18.5× | — | — | — | — | — | 13.7% | 3.6% | — | 2,857 |
| WFC | $268.7B | 13.9× | — | — | — | — | — | 11.8% | 5.7% | — | 2,691 |
| AXP | $213.5B | 20.2× | — | 5.2× | 6.4% | — | 26.2% | 32.4% | 11.9% | — | 2,787 |
| TYFG | $191.9B | 14.2× | — | 11135.5× | 10.2% | — | 79.3% | 8.7% | 8.7% | — | 1 |
| SCHW | $188.8B | 22.5× | — | 7.9× | 22.0% | — | 37.0% | 17.9% | 17.9% | — | 2,225 |
| HDB | $173.4B | 21.8× | — | 6.8× | 15.2% | — | 30.8% | 8.8% | 4.5% | — | 570 |
| UBS | $169.2B | — | — | — | — | — | — | — | — | — | 660 |
| BLK | $163.4B | 29.9× | — | 6.8× | 89.3% | — | 22.9% | 9.9% | 8.1% | — | 2,196 |
| GLD | $134.4B | — | — | — | — | — | — | — | — | — | 3,072 |
| CB | $133.7B | 13.3× | — | 2.3× | 6.5% | — | 17.4% | 14.0% | 11.3% | — | 2,002 |
| PGR | $126.8B | 11.3× | — | 1.4× | 16.3% | — | 12.9% | 37.3% | 37.3% | — | 1,685 |
| SPGI | $120.7B | 27.6× | 17.3× | 7.9× | 7.9% | 70.2% | 29.2% | 14.4% | 10.1% | 1.7× | 2,005 |
| HOOD | $97.6B | 53.6× | — | 21.8× | 51.6% | — | 42.1% | 20.6% | 20.6% | — | 1,230 |
| CME | $97.5B | 24.3× | — | 15.0× | 6.4% | — | 62.5% | 14.2% | 14.2% | — | 1,699 |
| USB | $96.4B | 13.0× | — | 3.4× | 4.4% | — | 26.4% | 11.6% | 9.2% | — | 1,901 |
| BX | $93.9B | 32.4× | — | 6.5× | 9.2% | — | 20.9% | 34.8% | 14.2% | — | 2,037 |
| PNC | $91.9B | 14.0× | — | 4.0× | 7.2% | — | 30.3% | 11.5% | 5.9% | — | 1,839 |
| AMUB | $89.8B | — | — | — | — | — | — | — | — | — | 7 |
| KKR | $87.5B | — | — | 4.5× | -11.0% | — | 12.2% | 7.7% | 7.7% | — | 1,216 |
| ICE | $86.9B | 26.6× | 20.6× | 6.9× | 7.5% | — | 26.2% | 11.5% | 6.8% | 3.8× | 1,641 |
| MRSH | $84.7B | 20.7× | 15.4× | 3.1× | 10.3% | — | 15.4% | 27.2% | 11.9% | 3.0× | 1,471 |
| VCTR | $6.7B | 25.5× | 13.6× | 5.1× | 46.2% | — | 25.3% | 13.6% | 9.7% | 1.8× | 310 |
Peers = companies sharing VCTR's sector (Financial Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 8-yr range · 97th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 8-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 7.3 | 7.6 | 6.6 | 6.0 | 6.1 | 6.9 | 6.3 | 6.4 |
| Operating Income | 27.7 | 26.9 | 40.6 | 42.0 | 46.7 | 40.0 | 47.8 | 36.6 |
| Income Tax | 5.1 | 4.6 | 8.5 | 8.1 | 8.7 | 7.6 | 9.5 | 8.3 |
| Net Income | 15.4 | 15.1 | 27.4 | 31.3 | 32.2 | 26.0 | 32.3 | 25.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on VCTR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.