Who buys NAICS 523940 (Portfolio Management and Investment Advice) work, who wins it, and what's open right now — from FY2026 USAspending awards and live SAM.gov solicitations.
Contract data as of Oct 18, 2026 (USAspending) · recent coverage verified weekly
| Quarter | Awards | Obligated | Change |
|---|---|---|---|
| Q1 FY2026 | 2 | $690K | — |
| Q2 FY2026 | 7 | $11.3M | +1533% |
| Q3 FY2026 | 2 | $222K | -98% |
| Q4 FY2026 | 7 | $18.8M | +8363% |
Federal fiscal quarters (Q1 = Oct–Dec). Awards are counted in the quarter they start; obligations are the award's obligated amount.
| # | Contractor | Obligated | Share |
|---|---|---|---|
| 1 | PACIFIC INVESTMENT MANAGEMENT COMPANY LLC | $5.5M | 17.7% |
| 2 | PRUDENTIAL FINANCIAL, INC. | $4.6M | 14.8% |
| 3 | WELLINGTON MANAGEMENT COMPANY LLP | $3.2M | 10.3% |
| 4 | LOS ANGELES CAPITAL MANAGEMENT LLC | $3.0M | 9.7% |
| 5 | AQR CAPITAL MANAGEMENT LLC | $3.0M | 9.7% |
| 6 | WELLS FARGO & COMPANY | $2.5M | 8.2% |
| 7 | THE GOLDMAN SACHS GROUP INC | $2.4M | 7.7% |
| 8 | SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC | $2.2M | 7.1% |
| 9 | KPMG LLP | $1.5M | 4.8% |
| 10 | NINETY ONE NORTH AMERICA, INC. | $1.2M | 3.9% |
Registrations are rolled up to their corporate parent (USAspending parent UEI), so a company with several SAM registrations ranks once.
| Agency | Obligated | Share |
|---|---|---|
| Pension Benefit Guaranty Corporation | $28.9M | 93.3% |
| U.S. International Development Finance Corporation | $1.9M | 6.3% |
| Securities and Exchange Commission | $80K | 0.3% |
| Department of the Treasury | $40K | 0.1% |
| Set-aside type | Obligated | Share |
|---|---|---|
| Small business set-aside | $0 | 0.0% |
| 8(a) | $0 | 0.0% |
| SDVOSB | $0 | 0.0% |
| WOSB / EDWOSB | $0 | 0.0% |
| HUBZone | $0 | 0.0% |
| No set-aside (full & open) | $29.1M | 100.0% |
Share of obligations on awards whose set-aside type is recorded — 94% of this market's dollars. Most USAspending bulk-archive records leave the field blank, so blank awards are excluded rather than counted as full & open.
No open solicitations right now. New notices post daily — get an alert when one does.
Links open the notice on SAM.gov.
Source: USAspending.gov contract awards (prime awards with a start date from Oct 1, 2025 through Sep 30, 2026), SAM.gov contract opportunities, and SBA size standards. Recompetes are contracts whose final end date — options included — falls in the next 12 months. Figures are recomputed when a new USAspending load lands. See our data sources.