Westwood Holdings Reports Q3 2026 Revenue Growth Driven by Private Capital and ETF Expansion
Westwood Holdings (WHG) reported third-quarter 2026 revenue of $26.6 million, an increase supported by higher private capital distributions and growth within its ETF platform and private energy secondary funds. Net income rose to $3.1 million, up from $1.5 million in the previous quarter, largely due to unrealized gains on private investments including a markup in their Texas Stock Exchange position. Despite revenue growth, the company faced challenges with AUM net outflows of $0.3 billion, primarily caused by concentrated redemptions in small-cap value strategies and market depreciation in mid-cap stocks. However, the firm saw significant institutional gross sales of $556.3 million, bolstered by a large defined contribution plan mandate. The ETF suite continues to scale, with total platform assets reaching approximately $460 million as of early November 2026.
Tickers: $WHG
Topics: AUM EPS ETF platform net income private capital distributions revenue