RHLD
Resolute Holdings Management, Inc.Industrials·Specialty Business Services
$118.98
$982M market cap
Revenue
$525.5M
Free Cash Flow
$-59.2M
Rev Growth
+0.0%
FCF Margin
-11.3%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Resolute Holdings Management, Inc. operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.
2-Year Price History
$112.73+140.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 407.8 | -5.8 | -5.8 | -192.2 | -116.8 | -124.2 | -7.4 | 113.1 | 9.0 | 8.6 | -66.5% | -0.2x | -- |
| Act | 2025-Q4 | 117.7 | 39.2 | 35.6 | -1.7 | 69.2 | 65.0 | -4.2 | 205.5 | 25.6 | 8.5 | 513.5% | 12.8x | -- |
Valuation & Metrics
Market Stats
Price$118.98
Market Cap$982M
Enterprise Value$878M
P/S Ratio1.9x
P/FCF--
EV/FCF--
FCF Margin (TTM)-11.3%
FCF Yield-6.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$525.5M
Net Income$-193.9M
Free Cash Flow$-59.2M
Revenue Growth (YoY)+0.0%
EBITDA Margin6.4%
Net Margin-36.9%
FCF Margin-11.3%
CapEx % of Revenue2.2%
SBC % of Revenue1.8%
ROIC223.5%
WC Change % Rev-104.0%
Interest Coverage1.2x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.8M
Days to Cover5.2
Change (vs Prior)+23.5%
Need at least 2 settlement dates for chart
Employees
Headcount7
Revenue / Employee$75,072,714
Gross Profit / Employee$31,591,143
Cash Runway
22.9months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
54.1%(+43.0% YoY)
111 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
14.4%(+12.8% YoY)
10 filers
Vanguard, iShares, SPDR
Market makers
0.3%(+0.2% YoY)
5 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| LOCUST WOOD CAPITAL ADVISERS, LLC | $87.1M | $31.40 | −$1.2M | −$508K | +0.9% | $3.67B |
| Bleichroeder LP | $51.0M | $31.34 | −$922K | −$1.2M | -3.7% | $579M |
| BlackRock, Inc.Passive | $49.5M | $49.68 | +$3.6M | +$23.3M | -0.2% | $5.69T |
| CORSAIR CAPITAL MANAGEMENT, L.P. | $42.1M | $93.95 | +$8.3M | +$17.1M | +0.5% | $673M |
| Newtyn Management, LLC | $39.3M | $31.87 | +$0 | +$39.3M | -4.5% | $936M |
| Tikvah Management LLC | $31.9M | $37.74 | +$2.1M | −$8.3M | -1.0% | $323M |
| WELLINGTON MANAGEMENT GROUP LLP | $30.9M | $79.07 | +$14.1M | +$6.3M | -0.3% | $533.98B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $29.2M | $162.30 | +$29.2M | +$29.2M | — | $4.04T |
| J. Goldman & Co LP | $22.8M | $170.39 | +$18.6M | +$22.8M | +0.5% | $2.16B |
| UBS Group AG | $19.9M | $31.34 | −$2.3M | −$16.6M | -0.3% | $562.11B |
| Zuckerman Investment Group, LLC | $19.9M | $32.19 | +$27K | −$649K | +0.9% | $1.06B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $18.3M | $46.30 | −$1.9M | +$9.4M | +2.3% | $1.61T |
| Nine Ten Capital Management LLC | $15.1M | $31.34 | +$0 | −$6.2M | -1.5% | $315M |
| STATE STREET CORPPassive | $14.6M | $51.90 | +$774K | +$4.5M | -0.2% | $2.89T |
| BALANCE CAPITAL PARTNERS L.P. | $10.5M | $206.43 | −$30.5M | +$10.5M | -12.8% | $87.9M |
| THRIVENT FINANCIAL FOR LUTHERANS | $8.7M | $162.30 | +$8.7M | +$8.7M | -0.2% | $51.55B |
| Invesco Ltd. | $7.9M | $101.97 | +$116K | +$7.9M | -0.2% | $652.04B |
| NORTHERN TRUST CORPPassive | $7.5M | $38.67 | +$348K | +$4.7M | -0.2% | $755.34B |
| Ratan Capital Management LP | $6.5M | $162.30 | +$6.5M | +$6.5M | +2.7% | $269M |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $6.5M | $162.30 | +$6.5M | +$6.5M | — | $1.91T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-0.81%
avg per quarter
Holders (ex-self)
-0.91%
excl. this stock
Buyers (this Q)
+0.14%
48 buyers · $0.12B in
Sellers (this Q)
-5.61%
40 sellers · $0.14B out
alpha coverage: 93% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-6.4%
how holders react when this stock falls
On quiet Qs
-1.3%
−10% to +10% baseline
On rallies (+10%+)
+14.4%
how they react when this stock rises
Holders' portfolio flow this Q
+2.0%
inflows — adds are organic
Sellers' portfolio flow this Q
-0.7%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-2.1%
Holder mid (any stock)
-2.3%
Holder rally (any stock)
-5.9%
Biggest decreases this quarter
BALANCE CAPITAL PARTNERS L.P.−$30.5Mα-12.8BB&T CORPexited−$6.1MBallast Asset Management, LPexited−$3.3MAtom Investors LP−$3.0Mα+0.4UBS Group AG−$2.3Mα-0.3Steamboat Capital Partners, LLCexited−$2.2MCREDIT AGRICOLE S Aexited−$1.9MGEODE CAPITAL MANAGEMENT, LLC−$1.9Mα+2.3SEI INVESTMENTS COexited−$1.2MWoodson Capital Management, LPexited−$1.2M
New buyers this quarter
Top-5 holders · 43.0%
LOCUST WOOD CAPITAL ADVISERS, LLC--
Bleichroeder LP--
BlackRock, Inc.--
CORSAIR CAPITAL MANAGEMENT, L.P.--
Newtyn Management, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
LOCUST WOOD CAPITAL ADVISERS, LLC537KBleichroeder LP314KBALANCE CAPITAL PARTNERS L.P.65KNewtyn Management, LLC242KCORSAIR CAPITAL MANAGEMENT, L.P.259KTikvah Management LLC196KWELLINGTON MANAGEMENT GROUP LLP191KUBS Group AG123KZuckerman Investment Group, LLC123KJ. Goldman & Co LP141K
Related Stocks
Investors who own this also own
Stocks held by the same active managers as this one, ranked by score — how much more often these appear together than random chance (1× = baseline). Excludes index ETFs and market makers; minimum 3 shared holders.
| Ticker | Name | Co-holders | Score |
|---|---|---|---|
| GPGI | GPGI, Inc. | 4 | 199.13× |
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$2.10M
8 txns · 4 insiders · 13,530 sh
Sells ($, 12mo)
$230K
1 txn · 1 insider · 1,850 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-14 | BUY | Mikkilineni Krishna | director | 921 | $108.52 | $100K | $124K |
| 2026-05-13 | BUY | Schoen Kurt | officer: Chief Financial Officer | 450 | $108.34 | $49K | $309K |
| 2026-03-17 | BUY | Cote John D. | director | 552 | $142.29 | $79K | $79K |
| 2026-03-17 | BUY | Schoen Kurt | officer: Chief Financial Officer | 500 | $141.51 | $71K | $340K |
| 2026-03-17 | SELL | THOMPSON JANE J. | director | 1,850 | $124.42 | $230K | $780K |
| 2025-11-18 | BUY | Mahoney Timothy O. | director | 3,268 | $152.98 | $500K | $1.41M |
| 2025-11-18 | BUY | Schoen Kurt | officer: Chief Financial Officer | 900 | $149.23 | $134K | $284K |
| 2025-11-07 | BUY | Mahoney Timothy O. | director | 5,939 | $168.52 | $1.00M | $1.00M |
| 2025-11-07 | BUY | Schoen Kurt | officer: Chief Financial Officer | 1,000 | $164.95 | $165K | $165K |
Order Flow (FINRA, ~3w lag)
15.8%retail-6.0pp
22.5%dark-2.6pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Resolute Holdings Management: The VIE Shell Game and Structural Earnings Illusion
Overall Risk
7/10
Fraud
4/10
Dilution
8/10
Insolvency
6/10
Earnings Overstated
9/10
Hidden Liabilities
7/10
Legal
5/10
Audit Warnings
3/10
Hidden Upside
2/10
Contextually Acceptable
4/10