Bamco Lifts FactSet Stake to $838 Million

Bamco Inc has expanded its investment in FactSet Research Systems, lifting the value of its stake to about $838.31 million as of December 31, 2025. The move was disclosed in a February 17, 2026 filing with the U.S. Securities and Exchange Commission covering fourth-quarter activity.

During the quarter, Bamco purchased 1,069,786 additional FactSet shares. The value of the firm’s position rose by $317.17 million, a change that reflected both the new share purchases and movements in FactSet’s share price over the period.

Following the transactions, Bamco held 2,888,845 FactSet shares. The investment represents 2.27% of Bamco’s reportable 13F assets under management, making it a meaningful but not top-five holding for the firm.

In the same filing, Bamco reported that its largest disclosed position was Tesla (TSLA) at about $5.36 billion, or 14.5% of 13F assets under management. Other major holdings included Arch Capital Group at $1.73 billion (4.7% of AUM) and MSCI at $1.58 billion (4.3% of AUM).

CoStar Group and Idexx Laboratories (IDXX) were also among Bamco’s larger positions, at $1.31 billion (3.6% of AUM) and $1.22 billion (3.3% of AUM), respectively. Against this backdrop, FactSet sits outside Bamco’s top five holdings despite the increased commitment.

The allocation underscores Bamco’s exposure to data, analytics, and technology-oriented businesses alongside its sizable stakes in electric vehicles and financial services.

As of the market close on February 17, 2026, FactSet shares were priced at $190.06. Over the prior 12 months, the stock had declined 58.2%, lagging the S&P 500 (SPX) by 69.8 percentage points over the same period.

On a trailing 12‑month basis, FactSet reported revenue of $2.36 billion and net income of $599.60 million. The company’s dividend yield stood at 2.14% at the February 17 share price, according to the data provided.

These figures frame Bamco’s expanded position against a backdrop of recent share price weakness alongside ongoing profitability and dividend distributions at the company level.

FactSet provides integrated financial data, analytics, and workflow solutions that support investment decision-making across global markets. Its platform combines market data, company fundamentals, portfolio analytics, and research tools in a single system.

The company operates a subscription-based business model, generating recurring revenue from institutional clients including portfolio managers, investment banks, asset managers, and wealth advisors worldwide. This model is supported by a global client base and an emphasis on integrated analytics.

Investment firms use platforms like FactSet to research companies, monitor markets, and manage portfolios. Analysts and portfolio managers rely on these tools daily to screen securities, evaluate financial data, and track performance, embedding them into core workflows.

Because these systems are integrated into day-to-day operations and purchased via user licenses, FactSet aims to maintain strong client retention and durable subscription revenue, with demand linked to the broader investment industry rather than short-term market swings.