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Data / Federal awards / NAICS 523920 / Pension Benefit Guaranty Corporation

Pension Benefit Guaranty Corporation contracts under NAICS 523920 Portfolio Management: $150.8 million to 23 recipients (FY2024 to FY2027)

Updated October 6, 2026. Source: USAspending.gov.

Pension Benefit Guaranty Corporation obligated $150.8 million under NAICS 523920, Portfolio Management, across 24 contract awards to 23 named recipients in fiscal years 2024 to 2027. The largest recipients are ARROWSTREET CAPITAL LP ($28.7 million), PACIFIC INVESTMENT MANAGEMENT COMPANY LLC ($26.7 million), PGIM, INC. ($24.0 million).

The request: Every federal contract awarded by Pension Benefit Guaranty Corporation under NAICS 523920, with the winner, the value and the period of performance. $10 of work on sign-up, no card.

SpecStream is the live web data engine for teams and agents. It reads every federal contract award on USAspending.gov and every open opportunity on SAM.gov, and this page is that reading. Ask for the awards in your niche and the winners, agencies, values and recompetes arrive in your sheet, CRM, Slack or agent as they are reported.

Agency
Pension Benefit Guaranty Corporation
NAICS code
523920 Portfolio Management
Contract awards
24
Obligated
$150.8 million
Named recipients
23
Small business share of obligations
0%
Full and open competition share
100%
Set aside share
0%
Latest action
2026-09-30

Incumbents at this agency

Ranked by dollars obligated in fiscal years 2024 to 2027.

RecipientBusiness sizeAwardsObligatedShare
ARROWSTREET CAPITAL LPOther Than Small Business1$28.7 million19.0%
PACIFIC INVESTMENT MANAGEMENT COMPANY LLCOther Than Small Business1$26.7 million17.7%
PGIM, INC.Other Than Small Business1$24 million15.9%
WELLINGTON MANAGEMENT COMPANY LLPOther Than Small Business1$16.2 million10.8%
ALLSPRING GLOBAL INVESTMENTS, LLCOther Than Small Business1$13.4 million8.9%
MARATHON ASSET MANAGEMENT LIMITEDOther Than Small Business2$12.4 million8.2%
TCW ASSET MANAGEMENT COMPANY LLCOther Than Small Business1$10.5 million7.0%
GOLDMAN SACHS ASSET MANAGEMENT, L.POther Than Small Business1$7.4 million4.9%
NEUBERGER BERMAN INVESTMENT ADVISERS LLCOther Than Small Business1$7 million4.7%
PRINCIPAL REAL ESTATE INVESTORS LLCOther Than Small Business1$3.2 million2.1%
DUFF & PHELPS INVESTMENT MANAGEMENT COOther Than Small Business1$2.5 million1.7%
NUVEEN ASSET MANAGEMENT, LLCOther Than Small Business1$2.4 million1.6%
WESTERN ASSET MANAGEMENT CO, LLCOther Than Small Business1$2.1 million1.4%
SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INCOther Than Small Business1$1.2 million0.8%
BAILLIE GIFFORD OVERSEAS LIMITEDOther Than Small Business1$786,1210.5%
AQR CAPITAL MANAGEMENT LLCOther Than Small Business1$668,9560.4%
BLACKROCK INSTITUTIONAL TRUST COMPANY NATIONAL ASSOCIATIONOther Than Small Business1$416,0440.3%
PUGH CAPITAL MANAGEMENT INCSmall Business1$00.0%
MARATHON ASSET MANAGEMENT LLPOther Than Small Business1$00.0%
NEW CENTURY ADVISORS LLCSmall Business1$-131,789-0.1%
INVESCO TRUST COMPANYOther Than Small Business1$-2,036,149-1.4%
LOS ANGELES CAPITAL MANAGEMENT LLCOther Than Small Business1$-2,846,925-1.9%
NINETY ONE NORTH AMERICA, INC.Other Than Small Business1$-3,761,987-2.5%

Offices buying

Sub agencyAwardsObligated
Pension Benefit Guaranty Corporation24$150.8 million

Obligations by fiscal year

Fiscal yearObligated
FY2024$43.9 million
FY2025$72 million
FY2026$34.8 million

Products and services bought

CodeProduct or serviceAwardsObligated
R710Support- Management: Financial24$150.8 million

Largest contract awards

Award IDRecipientAgencyTypeNAICSWhat it buysObligated in windowAward valueStartsEndsPlace of performanceSource
PBGC01CT170029ARROWSTREET CAPITAL LPPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES$28,651,835$65,140,636March 31, 2017March 30, 2027Boston, MAusaspending.gov
PBGC01CT160020PACIFIC INVESTMENT MANAGEMENT COMPANY LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$26,651,803$112,439,174April 1, 2016September 30, 2026Newport Beach, CAusaspending.gov
PBGC01CT160015PGIM, INC.Pension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF:: PORTFOLIO MANAGEMENT SERVICES$23,995,760$117,595,275April 1, 2016September 30, 2026Newark, NJusaspending.gov
PBGC01CT160019WELLINGTON MANAGEMENT COMPANY LLPPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$16,210,620$89,150,063April 1, 2016September 30, 2026Boston, MAusaspending.gov
PBGC01CT160023ALLSPRING GLOBAL INVESTMENTS, LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$13,369,164$31,157,337April 1, 2016September 30, 2026San Francisco, CAusaspending.gov
16PBGC22C0017MARATHON ASSET MANAGEMENT LIMITEDPension Benefit Guaranty CorporationDefinitive Contract523920FINANCIAL MANAGEMENT SERVICES$12,356,900$30,213,465March 31, 2022March 30, 2027United Kingdomusaspending.gov
PBGC01CT160022TCW ASSET MANAGEMENT COMPANY LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$10,539,455$44,263,787April 1, 2016February 28, 2027Los Angeles, CAusaspending.gov
PBGC01CT160016GOLDMAN SACHS ASSET MANAGEMENT, L.PPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$7,435,660$34,425,996April 1, 2016September 30, 2026Washington, DCusaspending.gov
PBGC01CT170027NEUBERGER BERMAN INVESTMENT ADVISERS LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES$7,039,225$30,138,842March 31, 2017March 30, 2027Washington, DCusaspending.gov
PBGC01CT160035PRINCIPAL REAL ESTATE INVESTORS LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF ASSET MANAGEMENT$3,163,689$23,188,064July 27, 2016January 26, 2027Des Moines, IAusaspending.gov
PBGC01CT160037DUFF & PHELPS INVESTMENT MANAGEMENT COPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF ASSET MANAGEMENT$2,531,934$19,349,041July 27, 2016January 26, 2027Chicago, ILusaspending.gov
PBGC01CT160036NUVEEN ASSET MANAGEMENT, LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF ASSET MANAGEMENT$2,432,387$20,089,922July 27, 2016January 26, 2027Chicago, ILusaspending.gov
PBGC01CT160021WESTERN ASSET MANAGEMENT CO, LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES$2,123,007$37,157,020April 1, 2016March 31, 2025Washington, DCusaspending.gov
PBGC01CT150043SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF$1,161,431$31,099,797September 30, 2015March 29, 2026New York, NYusaspending.gov
PBGC01CT170030BAILLIE GIFFORD OVERSEAS LIMITEDPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES$786,121$16,914,968March 31, 2017March 30, 2026Washington, DCusaspending.gov
PBGC01CT150040AQR CAPITAL MANAGEMENT LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF$668,956$30,746,741September 30, 2015September 29, 2025Washington, DCusaspending.gov
PBGC01CT160005BLACKROCK INSTITUTIONAL TRUST COMPANY NATIONAL ASSOCIATIONPension Benefit Guaranty CorporationDefinitive Contract523920IGF::CT::IGF$416,044$13,988,884November 1, 2015December 15, 2025San Francisco, CAusaspending.gov
16PBGC22C0009PUGH CAPITAL MANAGEMENT INCPension Benefit Guaranty CorporationDefinitive Contract523920SMALLER ASSET MANAGERS PILOT PROGRAM$0$1,088,936December 23, 2021June 30, 2023Seattle, WAusaspending.gov
PBGC01CT170028MARATHON ASSET MANAGEMENT LLPPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES$0$33,314,527March 31, 2017March 30, 2022Washington, DCusaspending.gov
16PBGC22C0015MARATHON ASSET MANAGEMENT LIMITEDPension Benefit Guaranty CorporationDefinitive Contract523920NEW CONTRACT AS A RESULT OF A NAME CHANGE TO CONTRACT PBGC01-CT-17-0028$0$0March 31, 2022March 30, 2023Washington, DCusaspending.gov
16PBGC22C0010NEW CENTURY ADVISORS LLCPension Benefit Guaranty CorporationDefinitive Contract523920SMALLER ASSET MANAGERS PILOT PROGRAM$-131,789$1,175,711December 28, 2021June 30, 2023Chevy Chase, MDusaspending.gov
PBGC01CT150042INVESCO TRUST COMPANYPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF$-2,036,149$24,300,102September 30, 2015September 29, 2025Washington, DCusaspending.gov
PBGC01CT150041LOS ANGELES CAPITAL MANAGEMENT LLCPension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF$-2,846,925$26,702,172September 30, 2015March 29, 2026Washington, DCusaspending.gov
PBGC01CT150044NINETY ONE NORTH AMERICA, INC.Pension Benefit Guaranty CorporationDefinitive Contract523920IGF::OT::IGF$-3,761,987$24,192,838September 30, 2015March 29, 2026New York, NYusaspending.gov

Public U.S. federal spending data (U.S. Department of the Treasury). Obligations are the contract actions dated in fiscal years 2024 to 2027 of the USAspending.gov award archive of 2026-10-06; a contract's total value is its current value as USAspending reports it, including earlier years. Recipients are matched on their SAM.gov UEI, never on the name, and are shown as the government prints them. Sole proprietorships and opted-out entities count in the totals and are not named. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.