Measuring the Beat: 57 Stocks Surpassing Earnings Expectations
Academic research has consistently found that corporate earnings surprises cluster around small positive values, rather than large outperformance.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | AQR Capital Management Cliff Asness | 2,695,882 | $137,436,058 | +78% | 0.05% |
| 2. | Pzena Investment Management Richard S. Pzena | 2,441,665 | $124,476,082 | -2% | 0.37% |
| 3. | Millennium Management Israel Englander | 395,368 | $20,155,861 | +34% | 0.01% |
| 4. | Citadel Investment Group Ken Griffin | 315,322 | $16,075,115 | -17% | 0% |
| 5. | Hudson Bay Capital Management Sander Gerber | 300,759 | $15,332,694 | +8% | 0.04% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $22.02 | 3,917 | $86,248.42 | 43,482 | 2023-05-18 | Filing | |
| $21.85 | 8,583 | $187,572.88 | 39,565 | 2023-05-17 | Filing | |
| $19.53 | 3,000 | $58,587.00 | 32,388 | 2022-05-19 | Filing | |
| $23.69 | 3,500 | $82,914.65 | 16,222 | 2021-08-16 | Filing | |
| $20.85 | 10,000 | $208,517.00 | 45,296 | 2020-11-20 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $51.48 | 41,798 | $2,151,648.19 | 174,264 | 2026-06-30 | Filing | |
| $51.48 | 44,250 | $2,277,808.58 | 216,062 | 2026-06-30 | Filing | |
| $51.31 | 1,891 | $97,027.21 | 77,300 | 2026-07-01 | Filing | |
| $50.00 | 5,750 | $287,500.00 | 79,191 | 2026-06-11 | Filing | |
| $49.00 | 3,308 | $162,092.00 | 79,191 | 2026-06-10 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 13,386,295 | $682,433,285 | 0.01% | |
| 2. | 6,735,592 | $343,380,480 | 0.02% | |
| 3. | 4,156,957 | $211,921,668 | 0.01% | |
| 4. | 4,081,392 | $208,069,364 | 0% | |
| 5. | 3,872,719 | $197,431,237 | 0.04% |