Westwood Holdings Group Stock Earnings Reports

Westwood reported Q1 2026 AUM of $18.3 billion, up from $17.4 billion at year-end 2025, driven primarily by energy and real asset strategies (private energy funds and energy-focused ETFs). ETF assets surpassed $315–$320 million across the Enhanced Income series, with MBST crossing $200 million and YLDW approaching $25 million. Private capital momentum continued: West II closed at over $300 million, West III fundraising underway, and Energy Secondaries Fund II closed with over $300 million (raising nearly $350 million across funds since 2023 and deploying >$250 million). Institutional and intermediary gross sales totaled ~$529 million; institutional gross sales were $322 million with $32 million net inflows, and intermediary gross sales were $207 million with $34 million net outflows. Q1 revenue was $25.0 million and GAAP net income was $0.8 million ($0.09/share); non-GAAP economic earnings were $2.8 million ($0.31/share). The firm ended the quarter debt-free with $34.2 million in cash and liquid investments. Net flows during the quarter included $50 million net outflows offset by $0.8 billion market appreciation. The board approved a $0.15 per share regular cash dividend payable July 1, 2026. Management highlights strong performance in SMidCap and select multi-asset strategies, strengthened distribution (wirehouse approvals for MBST), growing Managed Investment Solutions pipeline, and continued investments in private capital operations and AI tooling. Risks/notes: U.S. value equity strategies remain under pressure, and market volatility and geopolitical events (oil/energy-driven moves) materially influenced performance and flows.