NAICS 523920: expiring federal contracts in Portfolio Management

7 prime contracts under NAICS 523920 reach the end of their current period of performance within 365 days — the window in which a recompete is prepared, not announced. 0 of them end within 30 days.

Data as of October 20, 2026, from USAspending.

Expiring: 7; within 365 days
In the next 30 days: 0; 0 within 90 days
Current holders: 7; across 1 agency
Obligated to date: $231.9M; median $29.7M

What NAICS 523920 covers

This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.

Definition: 2017 NAICS, U.S. Census Bureau. The 2022 revision retired this code; the contracts on this page still carry it in their award records.

The 7 soonest to end

Ordered by end date. Every identifier links to the award on USAspending.

The 7 contracts under NAICS 523920 that end soonest
Current holder	Agency	State	Ends	Value	Renewal score
PRINCIPAL REAL ESTATE INVESTORS LLC PBGC01CT160035 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	IA	Jan 26, 2027	$23,188,064	30some signals 9 options have been exercised No option periods left (current end date is the potential end date)
NUVEEN ASSET MANAGEMENT, LLC PBGC01CT160036 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	IL	Jan 26, 2027	$20,089,922	30some signals 10 options have been exercised No option periods left (current end date is the potential end date)
DUFF & PHELPS INVESTMENT MANAGEMENT CO PBGC01CT160037 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	IL	Jan 26, 2027	$19,349,041	30some signals 10 options have been exercised No option periods left (current end date is the potential end date)
TCW ASSET MANAGEMENT COMPANY LLC PBGC01CT160022 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	CA	Feb 28, 2027	$44,263,787	20few signals 9 options have been exercised
ARROWSTREET CAPITAL LP PBGC01CT170029 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	MA	Mar 30, 2027	$65,140,636	30some signals 9 options have been exercised No option periods left (current end date is the potential end date)
MARATHON ASSET MANAGEMENT LIMITED 16PBGC22C0017 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	—	Mar 30, 2027	$30,213,465	30some signals 4 options have been exercised No option periods left (current end date is the potential end date)
NEUBERGER BERMAN INVESTMENT ADVISERS LLC PBGC01CT170027 — open this award on USAspending	Pension Benefit Guaranty Corporation Pension Benefit Guaranty Corporation	DC	Mar 30, 2027	$29,693,784	30some signals 9 options have been exercised No option periods left (current end date is the potential end date)

Watch this list for what expires next

A subscription turns this page into a weekly email: the same list, filtered to the NAICS codes and states you work in, with anything new called out.

Preview this market and set up alerts

Plans start at $49 a month. Sign-in is by emailed link; there is no password.

Who buys in this industry

Pension Benefit Guaranty Corporation7 expiring

NAICS 523920 contracts: questions vendors ask

What is NAICS code 523920?

NAICS 523920 is Portfolio Management, a code retired in the 2022 NAICS revision. This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. 7 federal contracts under this code end within 12 months.

How many federal contracts under NAICS 523920 are expiring?

7 prime contracts in Portfolio Management (NAICS 523920) reach the end of their current period of performance within 12 months: 0 within 30 days and 0 within 90. They are held by 7 different vendors and were bought by 1 agency. The figures are counted from USAspending, the government’s own record of prime contract awards, and rebuilt nightly.

When does the next NAICS 523920 contract end?

The soonest ends on Jan 26, 2027. The table on this page lists the 7 soonest to end, in order, with the incumbent, the awarding agency, the end date and the amount obligated so far. An end date is the date in the award record, not a forecast.

Which agencies buy portfolio management?

The agencies with the most expiring work here are Pension Benefit Guaranty Corporation (7 contracts). In total 1 agency has work under Portfolio Management (NAICS 523920) ending within 12 months.

Does an expiring contract mean a recompete is coming?

Not on its own. A period of performance that ends is work somebody has to win again, but agencies also extend, consolidate, insource or cancel, and the award record does not say which in advance. Findingbase shows the dates and a renewal score built from five fixed rules, with the reasons each one fired; it does not predict the outcome and does not publish solicitations. The solicitation, when there is one, appears on SAM.gov.

How this page is built

Every contract here comes from USAspending, the federal government’s own record of prime contract awards. A contract appears when its current period of performance ends within 365 days. The table lists the 7 soonest to end — not the largest, and not the highest scoring — so it is a sample of what is really coming rather than a showcase. Award identifiers link back to the source. This page was last rebuilt for Oct 20, 2026.

7 of the 7 contracts in the table above carry a renewal score, and 7 of the 7 in the whole list do. A contract with no score has not been through scoring yet: that is not a low score, it is no score. Scoring works through the soonest expiry dates first.

Browse every published code in the NAICS directory, or start from a state in the state directory.