# Fair Isaac (FICO.US)

Canonical: https://gigainvestors.com/s/FICO

Analysis as of: 2026-10-16T07:28:31.115Z. Financial observations: FY1996–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at too high a price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $769.93 per share; close as of 2026-10-15.

Estimated value: low $487.99 per share, central $707.61 per share, high $830.09 per share. Buy at or below the central value $707.61 per share. Valuation as of 2026-10-16T07:28:31.115Z; scenarios are not confidence intervals.

Expected annual return: 9.5% at the stated quote. About 9.5% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 0 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 0

- Years with a net loss: 0

- Operating margin variation: 0.35×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.20×

- FY2018: 0.17×

- FY2019: 0.22×

- FY2020: 0.23×

- FY2021: 0.38×

- FY2022: 0.39×

- FY2023: 0.42×

- FY2024: 0.43×

- FY2025: 0.46×

- LTM to Jun 2026: 0.52×

### moat: pass

- ROIC, median of available years: >100%

- ROIC, second-lowest year: 82.8%

- Typical minus recent gross margin: -6.3 pp

- Typical gross margin (annual median): 73.4%

- Recent gross margin (lower of latest and 3-year median): 79.7%

- Years with nonpositive capital: 0

- Capital spending / revenue: 1.6%

- ROIC including acquisitions, ten-year median: 30.4%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 72.3%

- FY2017: 95.9%

- FY2018: 82.8%

- FY2019: >100%

- FY2020: >100%

- FY2021: >100%

- FY2022: >100%

- FY2023: >100%

- FY2024: >100%

- FY2025: >100%

### economics: pass

- Owner earnings / net income, 5-yr: 1.02×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $2.4B

- Net income, five-year total: $2.4B

- Return on incremental invested capital: 229.6%

- Working capital / revenue, annual change: 0.8 pp

- Working capital / revenue, change between three-year averages: 5.5 pp

- Working capital / revenue, final three-year average: 24.3%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.05×

- FY2022: 1.04×

- FY2023: 1.02×

- FY2024: 1.00×

- FY2025: 1.01×

### management: pass

- Historical market-dollar context (not the management verdict): 2017 to 2025 (8 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 82.8% vs 169.1%

- Per-share earnings: 3.39 to 20.45 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -2.8%

- Ordinary dilution, 5-year annual growth: -3.9%

- Market cap gain: $31B

- Cumulative retained earnings: $3.0B

- Diluted shares, 10-year annual growth: -2.8%

- Diluted shares, 5-year annual growth: -3.9%

- $1 test, starting fiscal year: FY2017

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 25.2%

- Per-share value change: $17.06

- Per-share value, starting three-year median: $3.39

- Per-share value, ending three-year median: $20.45

- Buybacks concentrated in cheaper years (correlation): 0.82

- Average buyback yield: 4.5%

- Buyback history: 9 years

- Debt-funded buybacks: Yes

- Acquisition spending: $26M

- Cumulative net income, 10 years: $3.2B

- ROIC, first three-year median: 82.8%

- ROIC, last three-year median: >100%

Chart: Earnings per share; fiscal year observations.

- FY2016: $3.39

- FY2017: $3.98

- FY2018: $4.57

- FY2019: $6.34

- FY2020: $7.90

- FY2021: $13.40

- FY2022: $14.18

- FY2023: $16.93

- FY2024: $20.45

- FY2025: $26.54

### accounting: pass

- stock compensation exceeds 15% of operating cash flow

- Sloan accruals: -6.8%

- Receivables to sales index (DSRI): 1.07×

- Restructuring years, last five: 1

- Stock compensation / operating cash flow: 20.1%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.19×

- Accounting red flags: 1

Chart: Sloan accruals; fiscal year observations.

- FY2016: -6.2%

- FY2017: -7.8%

- FY2018: -6.4%

- FY2019: -4.8%

- FY2020: -8.0%

- FY2021: -2.0%

- FY2022: -9.4%

- FY2023: -2.5%

- FY2024: -7.0%

- FY2025: -6.8%

## Holders

- [Chuck Akre](https://gigainvestors.com/AC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [John Rogers](https://gigainvestors.com/AI): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Nicolai Tangen](https://gigainvestors.com/AKO): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Terry Smith](https://gigainvestors.com/FS): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Allen Bond](https://gigainvestors.com/JIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Nick Train](https://gigainvestors.com/LT): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dev Kantesaria](https://gigainvestors.com/VFC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Donald Yacktman](https://gigainvestors.com/YAM): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 68% since Nov 2024 · "FICO stock drops 20%: Analysts break down the impact of FHFA’s single pricing grid" (finance.yahoo.com, Sep 2026) · sales +20.2%

Story as of 2026-10-16T09:58:45.342Z; price observation 2026-10-15.

Price needs cash profits to grow 8.5% a year for ten years

- 2025-04-30: Fair Isaac (NYSE:FICO) Reports Strong Earnings Growth and Reiterates 2025 Revenue Guidance ([finance.yahoo.com](https://finance.yahoo.com/news/fair-isaac-nyse-fico-reports-173544984.html))

- 2025-07-08: Fair Isaac stock falls after Fannie, Freddie allow VantageScore use ([finance.yahoo.com](https://finance.yahoo.com/news/fair-isaac-stock-falls-fannie-150510957.html))

- 2025-10-01: FICO launches cost-cutting direct license program for mortgage lending ([seekingalpha.com](https://seekingalpha.com/news/4501119-fico-launches-cost-cutting-direct-license-program-for-mortgage-lending?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news))

- 2025-11-06: Fair Isaac Q4 Earnings Top Estimates, Strong Scores Drive Up Sales Y/Y ([finance.yahoo.com](https://finance.yahoo.com/news/fair-isaac-q4-earnings-top-181100966.html))

- 2026-01-05: Fair Isaac (FICO) Is Down 7.2% After Soft Guidance And ARR Miss What's Changed ([finance.yahoo.com](https://finance.yahoo.com/news/fair-isaac-fico-down-7-200359380.html))

- 2026-09-29: Fair Isaac Tanks After Government Snaps FICO Score Monopoly For Mortgage Pricing ([finance.yahoo.com](https://finance.yahoo.com/m/9b17eb71-cd46-3ec2-b75f-c254685eb151/fair-isaac-tanks-after.html))

### Sales · FY2025–2026

sales +20.2%; source https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm; observed 2025-11-07.

- FY2017: $932M 

- FY2018: $1.0B 

- FY2019: $1.2B 

- FY2020: $1.3B 

- FY2021: $1.3B 

- FY2022: $1.4B 

- FY2023: $1.5B 

- FY2024: $1.7B 

- FY2025: $2.0B 

- FY2026: $2.4B 

### Gross margin · FY2025

gross margin 82.2%; source https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm; observed 2025-11-07.

- FY2016: 69.9% 

- FY2017: 69.2% 

- FY2018: 69.9% 

- FY2019: 71.0% 

- FY2020: 72.1% 

- FY2021: 74.7% 

- FY2022: 78.1% 

- FY2023: 79.4% 

- FY2024: 79.7% 

- FY2025: 82.2% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in software application; annual sales are USD 2 billion.

- Source: https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm (filed 2025-11-07); FY2025: revenue 1990869000; grossProfit 1637147000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); FICO.US: Fair Isaac Corporation provides analytics software in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Scores segment offers business-to-business scoring solutions and services that give clients access to predictive credit and other scores that can be integrated into their transaction streams and decision-making processes, as well as business-to-consumer scoring solutions comprising myFICO.com subscription offerings. Its Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, and marketing, as well as associated professional services. This segment also offers FICO Platform, a modular software offering designed to support advanced analytic and decision use cases, as well as stand-alone analytic and decisioning software that can be configured by customers to address a wide range of business use cases. In addition, the company offers analytic and decisioning software comprising FICO Decision Modeler, FICO Blaze Advisor, FICO Xpress Optimization, FICO Analytics Workbench, FICO Data Orchestrator, FICO DMP Streaming, FICO Business Outcome Simulator, and FICO Decision Optimizer; pre-configured solutions consisting of FICO Fraud Solutions, FICO Originations, FICO Customer Communication Service, FICO Strategy Director, and FICO TRIAD Customer Manager; and professional services software, including FICO Implementation Services and FICO Analytic Services. It markets its products and services primarily through its direct sales organization and indirect channels, as well as online. The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in July 1992. Fair Isaac Corporation was founded in 1956 and is headquartered in Bozeman, Montana.

### Why customers stay

Margins ranged from 79.4% to 82.2% during 2023–25; it earns over 100% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2023: grossProfit / revenue = 79.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2024: grossProfit / revenue = 79.7%.

- Source: https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm (filed 2025-11-07); FY2025: grossProfit / revenue = 82.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); 10-year return on capital observations [[2016,0.7229320829300804],[2017,0.9592330513043489],[2018,0.8277790012283323],[2019,1.101947839478937],[2020,1.0122397727588037],[2021,1.7433311787356298],[2022,1.9901304079267843],[2023,1.6410709338807277],[2024,1.691424433135886],[2025,1.825122915579894]]; median 1.3715093866798322. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 6 of 10 years; bought back USD 1.4 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2016: growth capex 0; upkeep 21969000; owner earnings 119112000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2017: growth capex 0; upkeep 19828000; owner earnings 144642000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2018: growth capex 1117000; upkeep 30182000; owner earnings 142415000. Growth capex / owner earnings = 0.007843274935926693.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2019: growth capex 0; upkeep 23981000; owner earnings 199755000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2020: growth capex 0; upkeep 21989000; owner earnings 244789000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2021: growth capex 0; upkeep 7569000; owner earnings 410107000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2022: growth capex 0; upkeep 6029000; owner earnings 387977000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2023: growth capex 0; upkeep 4237000; owner earnings 439776000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); FY2024: growth capex 9821193.777539823; upkeep 15729806.222460177; owner earnings 510908193.77753985. Growth capex / owner earnings = 0.019223010899324464.

- Source: https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm (filed 2025-11-07); FY2025: growth capex 0; upkeep 8922000; owner earnings 657976000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); Dividend observations: [[2016,2489000],[2017,1238000],[2018,0],[2019,229000000],[2020,613000000],[2021,20881000],[2022,0],[2023,407000000],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm (filed 2025-11-07); FY2025: cash repurchases 1414502000 USD.

### Are managers owners

Insiders own 3% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); FICO.US SharesStats.PercentInsiders = 3.015 percentage points; cache date 2026-10-16.

### What could break it

"We may not be successful in executing the business strategy for our Software segment" (SEC filing, Nov 2025)

- Source: https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm (filed 2025-11-07); We may not be successful in executing the business strategy for our Software segment

### What the price says

The price assumes cash profits grow 8.5% yearly over ten years; actual growth was 24.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-07); Ten-year compound average after fade. Initial solved rate 0.14156421131819685. Price 769.93; FX 1; discount 0.1; same compounder ten-year fade to terminal 0.03. FY2015 owner earnings/share 2.925327363611273 → FY2025 26.78946296974879. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $120.68 per share

- 2016-11: $113.69 per share

- 2016-12: $119.22 per share

- 2017-01: $123.30 per share

- 2017-02: $130.07 per share

- 2017-03: $128.95 per share

- 2017-04: $135.48 per share

- 2017-05: $132.66 per share

- 2017-06: $139.41 per share

- 2017-07: $142.55 per share

- 2017-08: $140.76 per share

- 2017-09: $140.50 per share

- 2017-10: $145.16 per share

- 2017-11: $157.06 per share

- 2017-12: $153.20 per share

- 2018-01: $172.66 per share

- 2018-02: $169.94 per share

- 2018-03: $169.37 per share

- 2018-04: $173.18 per share

- 2018-05: $184.03 per share

- 2018-06: $193.32 per share

- 2018-07: $201.46 per share

- 2018-08: $230.98 per share

- 2018-09: $228.55 per share

- 2018-10: $192.71 per share

- 2018-11: $198.63 per share

- 2018-12: $187.00 per share

- 2019-01: $225.20 per share

- 2019-02: $247.82 per share

- 2019-03: $271.63 per share

- 2019-04: $279.75 per share

- 2019-05: $295.90 per share

- 2019-06: $314.02 per share

- 2019-07: $347.42 per share

- 2019-08: $352.72 per share

- 2019-09: $303.52 per share

- 2019-10: $304.04 per share

- 2019-11: $367.75 per share

- 2019-12: $374.68 per share

- 2020-01: $402.38 per share

- 2020-02: $376.03 per share

- 2020-03: $307.69 per share

- 2020-04: $352.94 per share

- 2020-05: $402.65 per share

- 2020-06: $418.04 per share

- 2020-07: $439.19 per share

- 2020-08: $420.79 per share

- 2020-09: $425.38 per share

- 2020-10: $391.45 per share

- 2020-11: $472.78 per share

- 2020-12: $511.04 per share

- 2021-01: $450.11 per share

- 2021-02: $457.55 per share

- 2021-03: $486.05 per share

- 2021-04: $521.41 per share

- 2021-05: $506.06 per share

- 2021-06: $502.68 per share

- 2021-07: $523.91 per share

- 2021-08: $459.74 per share

- 2021-09: $397.93 per share

- 2021-10: $398.20 per share

- 2021-11: $353.13 per share

- 2021-12: $433.67 per share

- 2022-01: $494.99 per share

- 2022-02: $471.19 per share

- 2022-03: $466.46 per share

- 2022-04: $373.51 per share

- 2022-05: $409.55 per share

- 2022-06: $400.90 per share

- 2022-07: $462.03 per share

- 2022-08: $449.40 per share

- 2022-09: $412.01 per share

- 2022-10: $478.84 per share

- 2022-11: $619.72 per share

- 2022-12: $598.58 per share

- 2023-01: $665.95 per share

- 2023-02: $677.39 per share

- 2023-03: $702.69 per share

- 2023-04: $727.95 per share

- 2023-05: $787.67 per share

- 2023-06: $809.21 per share

- 2023-07: $837.97 per share

- 2023-08: $904.59 per share

- 2023-09: $868.53 per share

- 2023-10: $845.87 per share

- 2023-11: $1,087.60 per share

- 2023-12: $1,164.01 per share

- 2024-01: $1,198.83 per share

- 2024-02: $1,269.91 per share

- 2024-03: $1,249.61 per share

- 2024-04: $1,133.33 per share

- 2024-05: $1,289.93 per share

- 2024-06: $1,488.66 per share

- 2024-07: $1,600.00 per share

- 2024-08: $1,730.27 per share

- 2024-09: $1,943.52 per share

- 2024-10: $1,993.11 per share

- 2024-11: $2,375.03 per share

- 2024-12: $1,990.93 per share

- 2025-01: $1,873.56 per share

- 2025-02: $1,886.35 per share

- 2025-03: $1,844.16 per share

- 2025-04: $1,989.68 per share

- 2025-05: $1,726.28 per share

- 2025-06: $1,827.96 per share

- 2025-07: $1,436.72 per share

- 2025-08: $1,521.64 per share

- 2025-09: $1,496.53 per share

- 2025-10: $1,659.53 per share

- 2025-11: $1,805.83 per share

- 2025-12: $1,690.62 per share

- 2026-01: $1,463.17 per share

- 2026-02: $1,409.36 per share

- 2026-03: $1,067.54 per share

- 2026-04: $1,025.00 per share

- 2026-05: $1,250.59 per share

- 2026-06: $1,194.78 per share

- 2026-07: $1,122.97 per share

- 2026-08: $1,147.21 per share

- 2026-09: $592.47 per share

- 2026-10: $769.93 per share

## Annual estimated value (USD per share)

- FY2016: low $42.04 per share, central $47.58 per share, high $54.97 per share

- FY2017: low $45.40 per share, central $51.29 per share, high $59.13 per share

- FY2018: low $52.15 per share, central $59.03 per share, high $68.20 per share

- FY2019: low $68.70 per share, central $89.04 per share, high $103.69 per share

- FY2020: low $94.92 per share, central $132.68 per share, high $155.03 per share

- FY2021: low $108.03 per share, central $147.47 per share, high $171.99 per share

- FY2022: low $138.39 per share, central $195.98 per share, high $229.51 per share

- FY2023: low $232.70 per share, central $330.62 per share, high $387.64 per share

- FY2024: low $275.16 per share, central $391.09 per share, high $458.59 per share

- FY2025: low $331.65 per share, central $472.12 per share, high $553.92 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:34:12.863Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/814547/000081454725000030/fico-20250930.htm); period 2025-09-30, filed 2025-11-07.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Chuck Akre](https://gigainvestors.com/AC): 361,826 FICO shares; USD 432,302,000 reported position value; 8.47% of portfolio; reduce; quarter 2026 Q2.
- [John Rogers](https://gigainvestors.com/AI): 203 FICO shares; USD 243,000 reported position value; 0% of portfolio; reduce; quarter 2026 Q2.
- [Nicolai Tangen](https://gigainvestors.com/AKO): 103,619 FICO shares; USD 123,802,000 reported position value; 2.88% of portfolio; reduce; quarter 2026 Q2.
- [Terry Smith](https://gigainvestors.com/FS): 17,953 FICO shares; USD 21,450,000 reported position value; 0.16% of portfolio; new; quarter 2026 Q2.
- [Allen Bond](https://gigainvestors.com/JIM): 740 FICO shares; USD 884,000 reported position value; 0.02% of portfolio; reduce; quarter 2026 Q2.
- [Nick Train](https://gigainvestors.com/LT): 226,186 FICO shares; USD 270,243,000 reported position value; 10.28% of portfolio; reduce; quarter 2026 Q2.
- [Dev Kantesaria](https://gigainvestors.com/VFC): 672,186 FICO shares; USD 803,114,000 reported position value; 25.77% of portfolio; reduce; quarter 2026 Q2.
- [Donald Yacktman](https://gigainvestors.com/YAM): 6,157 FICO shares; USD 7,356,000 reported position value; 0.09% of portfolio; hold; quarter 2026 Q2.

# FICO — Fair Isaac Corp.

Held by 8 investors · USD 1,659,394,000 total · 2026 Q2 · reported price USD 1194.78 (split-adjusted).
Page: https://gigainvestors.com/s/FICO

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Dev Kantesaria (https://gigainvestors.com/VFC) | USD 803,114,000 | 26% | reduce -12.63% |
| Chuck Akre (https://gigainvestors.com/AC) | USD 432,302,000 | 8.5% | reduce -0.53% |
| Nick Train (https://gigainvestors.com/LT) | USD 270,243,000 | 10% | reduce -9.32% |
| Nicolai Tangen (https://gigainvestors.com/AKO) | USD 123,802,000 | 2.9% | reduce -18.55% |
| Terry Smith (https://gigainvestors.com/FS) | USD 21,450,000 | 0.2% | new |
| Donald Yacktman (https://gigainvestors.com/YAM) | USD 7,356,000 | 0.1% | hold |
| Allen Bond (https://gigainvestors.com/JIM) | USD 884,000 | <0.1% | reduce -40.8% |
| John Rogers (https://gigainvestors.com/AI) | USD 243,000 | 0.0% | reduce -0.49% |

## Total held by quarter

- 2019 Q1: USD 251,152,901 · 2 holders · USD 271.63
- 2019 Q2: USD 263,085,642 · 2 holders · USD 314.02
- 2019 Q3: USD 229,634,127 · 2 holders · USD 303.52
- 2019 Q4: USD 278,232,122 · 2 holders · USD 374.68
- 2020 Q1: USD 214,769,774 · 2 holders · USD 307.69
- 2020 Q2: USD 296,569,281 · 2 holders · USD 418.04
- 2020 Q3: USD 298,612,932 · 2 holders · USD 425.38
- 2020 Q4: USD 366,617,030 · 2 holders · USD 511.04
- 2021 Q1: USD 460,354,967 · 2 holders · USD 486.05
- 2021 Q2: USD 466,944,479 · 2 holders · USD 502.68
- 2021 Q3: USD 385,581,436 · 2 holders · USD 397.93
- 2021 Q4: USD 498,175,811 · 2 holders · USD 433.67
- 2022 Q1: USD 925,646,357 · 3 holders · USD 466.46
- 2022 Q2: USD 937,484,539 · 4 holders · USD 400.91
- 2022 Q3: USD 937,416,178 · 3 holders · USD 412.01
- 2022 Q4: USD 1,367,500,092 · 3 holders · USD 598.58
- 2023 Q1: USD 1,539,028,827 · 3 holders · USD 702.69
- 2023 Q2: USD 1,701,050,098 · 3 holders · USD 809.21
- 2023 Q3: USD 1,742,001,847 · 3 holders · USD 868.53
- 2023 Q4: USD 2,081,236,154 · 3 holders · USD 1164.01
- 2024 Q1: USD 2,054,791,585 · 4 holders · USD 1250.00
- 2024 Q2: USD 2,485,456,443 · 5 holders · USD 1488.66
- 2024 Q3: USD 2,643,810,584 · 5 holders · USD 1943.52
- 2024 Q4: USD 2,367,514,625 · 5 holders · USD 1990.93
- 2025 Q1: USD 2,139,758,913 · 5 holders · USD 1844.16
- 2025 Q2: USD 2,111,021,054 · 6 holders · USD 1827.96
- 2025 Q3: USD 2,066,581,733 · 8 holders · USD 1496.53
- 2025 Q4: USD 2,333,836,711 · 7 holders · USD 1690.62
- 2026 Q1: USD 1,619,833,936 · 7 holders · USD 1067.54
- 2026 Q2: USD 1,659,394,000 · 8 holders · USD 1194.78