Filing Flows › Industries › Security Brokers, Dealers & Flotation Companies › Capital spending and supply chain
Security Brokers, Dealers & Flotation Companies: capital spending and supply chain
SIC 6211 · 16 companies with filed cash-flow statements
Analysis
16 companies in Security Brokers, Dealers & Flotation Companies (SIC 6211) spent $6.3B on capital projects over their latest twelve months; the three largest spenders — GS, GLXY, SCHW — account for 71%.
Capital spending is 2.2% of the industry's $290.3B of annual revenue.
By the industry's asset mix most of it goes to software (51%); about $1.3B is imported.
The largest supplier of that spending is software publishers ($1.3B).
Its largest supplying industries, by the input-output tables: imports ($11.7B), monetary authorities and depository credit intermediation ($11.5B), nondepository credit intermediation and related activities ($10.2B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| GS Goldman Sachs Group | $2.1B | −$37.9B | — | TTM to Q3 2026 |
| GLXY Galaxy Digital | $1.5B | −$357M | — | TTM to Q2 2026 |
| SCHW Schwab Charles | $797M | $12.5B | 6% | TTM to Q3 2026 |
| Jones Financial Companies Lllp | $666M | $1.8B | 37% | TTM to Q3 2026 |
| BLK BlackRock | $446M | $5.2B | 9% | TTM to Q3 2026 |
| FRHC Freedom Holding | $252M | −$637M | — | TTM to Q1 FY27 |
| RJF Raymond James Financial | $197M | $1.6B | 12% | TTM to Q3 FY26 |
| SF Stifel Financial | $124M | $917M | 14% | TTM to Q3 2026 |
| VIRT Virtu Financial | $91.7M | $970M | 9% | TTM to Q3 2026 |
| MIAX Miami International Holdings | $33.6M | $254M | 13% | TTM to Q3 2026 |
| SEIC SEI Investments | $26.3M | $692M | 4% | TTM to Q3 2026 |
| OPY Oppenheimer Holdings | $7.0M | $64.3M | 11% | TTM to Q3 2026 |
| MKTX MarketAxess Holdings | $5.1M | $357M | 1% | TTM to Q3 2026 |
| COHN Cohen | $1.2M | −$6.9M | — | TTM to Q2 2026 |
| SIEB Siebert Financial | $586K | $15.4M | 4% | TTM to Q2 2026 |
| WT WisdomTree | $313K | $208M | 0% | TTM to Q3 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| MSCI | BLK | 96% | Stated in 10-K (sentence) | filing |
| HOOD | Citadel Securities, LLC | 13% | Stated in 10-K (XBRL) | filing |
| HOOD | Wintermute Trading Ltd | 6% | Stated in 10-K (XBRL) | filing |
| Navient Corp | U.S. government | — | Stated in 10-K (XBRL) | filing |
| MSFT | GLXY | — | Stated in 10-K (named, share not stated) | filing |
| BLK | CB | — | Stated in 10-K (named, share not stated) | filing |
| GS | MIAX | — | Stated in 10-K (named, share not stated) | filing |
| AMZN | GLXY | — | Stated in 10-K (named, share not stated) | filing |
| BTGO | WT | — | Stated in 10-K (named, share not stated) | filing |
| NVDA | FRHC | — | Stated in 10-K (named, share not stated) | filing |
| MS | North Haven Net REIT | — | Stated in 10-K (named, share not stated) | filing |
| MS | MIAX | — | Stated in 10-K (named, share not stated) | filing |
The interactive money flow: switch views, follow each dollar →
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.