Top 28 Contractors in NAICS 523920: Portfolio Management, FY2022

Full ranking

Rank	Contractor	Net obligations	Share	Trend
1	Marathon Asset Management Limited Top agencies PBGC (Pension Benefit Guaranty Corporation)	$23,213,130	17.6%	Rank history: not on the FY2021 list; new.
2	Pacific Investment Management Company LLC 2 awardees Top agencies PBGC (Pension Benefit Guaranty Corporation)	$14,255,517	10.8%	Rank history: #2 in FY2021; unchanged since FY2021.
3	Prudential Financial Inc. Through Pgim, Inc. Top agencies PBGC (Pension Benefit Guaranty Corporation)	$11,473,027	8.7%	Rank history: #1 in FY2021; down 2 since FY2021.
4	Arrowstreet Capital LP Top agencies PBGC (Pension Benefit Guaranty Corporation)	$7,640,251	5.8%	Rank history: #5 in FY2021; up 1 since FY2021.
5	The Goldman Sachs Group Inc Through Goldman Sachs Asset Management, L.P Top agencies PBGC (Pension Benefit Guaranty Corporation)	$7,152,946	5.4%	Rank history: #19 in FY2021; up 14 since FY2021.
6	Franklin Resources Inc. Through Western Asset Management Co, LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$6,999,062	5.3%	Rank history: #8 in FY2021; up 2 since FY2021.
7	Wellington Management Group LLP Through Wellington Management Company LLP Top agencies PBGC (Pension Benefit Guaranty Corporation)	$6,706,296	5.1%	Rank history: #3 in FY2021; down 4 since FY2021.
8	Investec Asset Management North America Inc. 2 awardees, including Ninety One North America, Inc. and Invesco Trust Company Top agencies PBGC (Pension Benefit Guaranty Corporation)	$6,562,648	5.0%	Rank history: #6 in FY2021; down 2 since FY2021.
9	Wells Fargo & Company Through Allspring Global Investments, LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$4,919,582	3.7%	Rank history: #15 in FY2021; up 6 since FY2021.
10	AQR Capital Management LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$4,789,211	3.6%	Rank history: #9 in FY2021; down 1 since FY2021.
11	TCW Asset Management Company LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$4,184,250	3.2%	Rank history: #7 in FY2021; down 4 since FY2021.
12	Schroder Investment Management North America Inc. Top agencies PBGC (Pension Benefit Guaranty Corporation)	$3,909,398	3.0%	Rank history: #11 in FY2021; down 1 since FY2021.
13	Principal Real Estate Investors LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$3,749,493	2.8%	Rank history: #14 in FY2021; up 1 since FY2021.
14	Nuveen Asset Management, LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$3,324,592	2.5%	Rank history: #16 in FY2021; up 2 since FY2021.
15	Virtus Investment Partners, Inc. Through Duff & Phelps Investment Management Co Top agencies PBGC (Pension Benefit Guaranty Corporation)	$3,114,008	2.4%	Rank history: #17 in FY2021; up 2 since FY2021.
16	Neuberger Berman Investment Advisers LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$3,103,281	2.4%	Rank history: #10 in FY2021; down 6 since FY2021.
17	LOS Angeles Capital Management LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$2,647,009	2.0%	Rank history: #12 in FY2021; down 5 since FY2021.
18	Blackrock Inc. Through Blackrock Institutional Trust Company National Association Top agencies PBGC (Pension Benefit Guaranty Corporation)	$2,584,997	2.0%	Rank history: #20 in FY2021; up 2 since FY2021.
19	Baillie Gifford & Co Through Baillie Gifford Overseas Limited Top agencies PBGC (Pension Benefit Guaranty Corporation)	$2,045,635	1.6%	Rank history: #13 in FY2021; down 6 since FY2021.
20	Seba Professional Services LLC Top agencies HUD (Department of Housing and Urban Development)	$1,941,037	1.5%	Rank history: #18 in FY2021; down 2 since FY2021.
21	Pugh Capital Management Inc. Top agencies PBGC (Pension Benefit Guaranty Corporation)	$1,076,434	0.8%	Rank history: #25 in FY2021; up 4 since FY2021.
22	Grove Street Investment, LLC Top agencies HUD (Department of Housing and Urban Development)	$974,023	0.7%	Rank history: #22 in FY2021; unchanged since FY2021.
23	New Century Advisors LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$933,517	0.7%	Rank history: #23 in FY2021; unchanged since FY2021.
24	CSM Advisors LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$312,408	0.2%	Rank history: #26 in FY2021; up 2 since FY2021.
25	LM Capital Group, LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$257,702	0.2%	Rank history: #27 in FY2021; up 2 since FY2021.
26	ICE Data Pricing & Reference Data LLC Top agencies CFTC (Commodity Futures Trading Commission)	$159,807	0.1%	Rank history: #28 in FY2021; up 2 since FY2021.
27	Longfellow Investment Management Co., LLC Top agencies PBGC (Pension Benefit Guaranty Corporation)	$149,255	0.1%	Rank history: #24 in FY2021; down 3 since FY2021.
28	Buscher Family Holdings LLC Top agencies USDA (Department of Agriculture)	$12,000	<0.1%	Rank history: #29 in FY2021; up 1 since FY2021.

How this ranking works

• Source: every contract action FPDS records (as published on SAM.gov) in the period, as GovTribe received it.
• Amounts are net obligations: what was obligated, less what was deobligated. Shares are of $132 million obligated before deobligations, so they never pass 100%.
• Parent companies: each action counts under the ultimate parent its award record names, or under the awardee when it names none, so no dollar counts twice. Parents of the same name (Inc., LLC and the like aside) count as one company, since FPDS records a company's parent under more than one UEI over time. GovTribe corrects a few parents and names by hand; see the corrections.
• Fiscal year 2022 ran Oct 1, 2021 – Sep 30, 2022. The Department of Defense reports its contract actions to FPDS about 90 days late, so a fiscal year is ranked once they're in, in February, and the list doesn't change after.
• Rank changes compare with FY2021. "New" marks a company outside that period's top 500, and "Returned" one of those that was on an earlier fiscal year's list.
• Rank lines show each company's rank on every fiscal year's list since FY2021, #1 at the top, on a scale that gives the top of the list more room. A dashed stretch spans years it wasn't on the list. The step from FY2021 takes the color of the rank change beside it.
• Placeholder recipients FPDS uses when it names no company ("Miscellaneous Foreign Contractors" and the like) aren't ranked.

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