Last 12 months
Inside the activity.
2 purchase rows · 3 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 0 |
| Dec 2025 | 0 | 0 |
| Jan 2026 | 0 | 0 |
| Feb 2026 | 2 | 0 |
| Mar 2026 | 0 | 1 |
| Apr 2026 | 0 | 0 |
| May 2026 | 0 | 0 |
| Jun 2026 | 0 | 0 |
| Jul 2026 | 0 | 0 |
| Aug 2026 | 0 | 0 |
| Sep 2026 | 0 | 2 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| October 01, 2026 Filed Oct 3, 2026 01:00 UTC |
Maurer Carlos A.Director
|
GrantClass A common stock | 582 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-412554 · ownership.xml · nonDerivative · entry 1 Maurer Carlos A. · CIK 0002110960 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 7,213 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. F2 · balance_after: The reported number of shares includes 173 shares credited to the reporting person in respect of dividend equivalent rights associated with the underlying awards. Read SEC document |
| October 01, 2026 Filed Oct 3, 2026 01:00 UTC |
Rogers Kirk T.Director
|
GrantClass A common Stock, par value $0.0001 per share | 332 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-412555 · ownership.xml · nonDerivative · entry 1 Rogers Kirk T. · CIK 0002110768 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 6,541 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. F2 · balance_after: The reported number of shares includes 163 shares credited to the reporting person in respect of dividend equivalent rights associated with the underlying awards. Read SEC document |
| October 01, 2026 Filed Oct 3, 2026 01:00 UTC |
FRIEDMAN AVRAM ZDirector
|
GrantClass A, Common Stock, par value $0.0001 per share | 1,247 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-412557 · ownership.xml · nonDerivative · entry 1 FRIEDMAN AVRAM Z · CIK 0001391844 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 30,066 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. F2 · balance_after: The reported number of shares includes 231 shares credited to the reporting person in respect of dividend equivalent rights associated with the underlying awards. Read SEC document |
| October 01, 2026 Filed Oct 3, 2026 01:00 UTC |
HEYER ANDREW RDirector
|
GrantClass A common Stock, par value $0.0001 per share | 1,247 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-412561 · ownership.xml · nonDerivative · entry 1 HEYER ANDREW R · CIK 0001259062 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 10,066 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. F2 · balance_after: The reported number of shares includes 231 shares credited to the reporting person in respect of dividend equivalent rights associated with the underlying awards. Read SEC document |
| September 25, 2026 Filed Sep 28, 2026 20:30 UTC |
Blackstone Holdings I L.P.10% owner
Blackstone Holdings I/II GP L.L.C.10% owner
Blackstone Inc.10% owner
Blackstone Group Management L.L.C.10% owner
SCHWARZMAN STEPHEN A10% owner
|
SaleClass A Common Stock | 124,600 | $16.40 | $2,043,440.00 |
DisclosureSEC source: 0001193125-26-405400 · ownership.xml · nonDerivative · entry 2 Blackstone Holdings I L.P. · CIK 0001464694 · 10% owner Blackstone Holdings I/II GP L.L.C. · CIK 0001464695 · 10% owner Blackstone Inc. · CIK 0001393818 · 10% owner Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See Footnotes Disclosed balance after: 0 F1 · ownership.nature: Reflects Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer") held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. F2 · ownership.nature: This filing excludes Class A Shares managed by Harvest Funds Advisors LLC ("HFA"), an indirect subsidiary of Blackstone Holdings I L.P. and an investment manager to funds and separately managed accounts that own Class A Common Shares. HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities. F3 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Read SEC document |
| September 24, 2026 Filed Sep 28, 2026 20:30 UTC |
Blackstone Holdings I L.P.10% owner
Blackstone Holdings I/II GP L.L.C.10% owner
Blackstone Inc.10% owner
Blackstone Group Management L.L.C.10% owner
SCHWARZMAN STEPHEN A10% owner
|
SaleClass A Common Stock | 400 | $17.02 | $6,808.00 |
DisclosureSEC source: 0001193125-26-405400 · ownership.xml · nonDerivative · entry 1 Blackstone Holdings I L.P. · CIK 0001464694 · 10% owner Blackstone Holdings I/II GP L.L.C. · CIK 0001464695 · 10% owner Blackstone Inc. · CIK 0001393818 · 10% owner Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See Footnotes Disclosed balance after: 124,600 F1 · ownership.nature: Reflects Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer") held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. F2 · ownership.nature: This filing excludes Class A Shares managed by Harvest Funds Advisors LLC ("HFA"), an indirect subsidiary of Blackstone Holdings I L.P. and an investment manager to funds and separately managed accounts that own Class A Common Shares. HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities. F3 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Read SEC document |
| July 01, 2026 Filed Jul 2, 2026 21:00 UTC |
HEYER ANDREW RDirector
|
GrantClass A common Stock, par value $0.0001 per share | 1,029 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-294856 · ownership.xml · nonDerivative · entry 1 HEYER ANDREW R · CIK 0001259062 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 8,588 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| July 01, 2026 Filed Jul 2, 2026 21:00 UTC |
FRIEDMAN AVRAM ZDirector
|
GrantClass A common stock, par value $0.0001 per share | 1,029 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-294854 · ownership.xml · nonDerivative · entry 1 FRIEDMAN AVRAM Z · CIK 0001391844 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 28,588 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| July 01, 2026 Filed Jul 2, 2026 21:00 UTC |
Maurer Carlos A.Director
|
GrantClass A common stock, par value $0.0001 per share | 480 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-294862 · ownership.xml · nonDerivative · entry 1 Maurer Carlos A. · CIK 0002110960 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 6,458 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| July 01, 2026 Filed Jul 2, 2026 21:00 UTC |
Rogers Kirk T.Director
|
GrantClass A common Stock, par value $0.0001 per share | 274 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-294875 · ownership.xml · nonDerivative · entry 1 Rogers Kirk T. · CIK 0002110768 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 6,046 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| April 29, 2026 Filed May 1, 2026 21:00 UTC |
Edmiston Sherman IIIDirector
|
GrantClass A common Stock, par value $0.0001 per share | 5,497 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-201684 · ownership.xml · nonDerivative · entry 1 Edmiston Sherman III · CIK 0001685033 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 5,497 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| April 29, 2026 Filed May 1, 2026 21:00 UTC |
HEYER ANDREW RDirector
|
GrantClass A common Stock, par value $0.0001 per share | 7,559 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-201681 · ownership.xml · nonDerivative · entry 1 HEYER ANDREW R · CIK 0001259062 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 7,559 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| April 29, 2026 Filed May 1, 2026 21:00 UTC |
FRIEDMAN AVRAM ZDirector
|
GrantClass A, Common Stock, par value $0.0001 per share | 7,559 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-201682 · ownership.xml · nonDerivative · entry 1 FRIEDMAN AVRAM Z · CIK 0001391844 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 27,559 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| April 29, 2026 Filed May 1, 2026 21:00 UTC |
Maurer Carlos A.Director
|
GrantClass A common stock, par value $0.0001 per share | 5,978 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-201685 · ownership.xml · nonDerivative · entry 1 Maurer Carlos A. · CIK 0002110960 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 5,978 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| April 29, 2026 Filed May 1, 2026 21:00 UTC |
Rogers Kirk T.Director
|
GrantClass A common Stock, par value $0.0001 per share | 5,772 | $0.00 | $0.00 |
DisclosureSEC source: 0001193125-26-201683 · ownership.xml · nonDerivative · entry 1 Rogers Kirk T. · CIK 0002110768 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 5,772 F1 · shares: Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company. Read SEC document |
| March 03, 2026 Filed May 13, 2026 00:28 UTC |
Blackstone Holdings I L.P.10% owner
Blackstone Holdings I/II GP L.L.C.10% owner
Blackstone Inc.10% owner
Blackstone Group Management L.L.C.10% owner
SCHWARZMAN STEPHEN A10% owner
|
SaleClass A Common Stock | 25,000 | $19.00 | $475,000.00 |
DisclosureSEC source: 0001193125-26-220232 · ownership.xml · nonDerivative · entry 2 Blackstone Holdings I L.P. · CIK 0001464694 · 10% owner Blackstone Holdings I/II GP L.L.C. · CIK 0001464695 · 10% owner Blackstone Inc. · CIK 0001393818 · 10% owner Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See Footnotes Disclosed balance after: 125,000 F1 · ownership.nature: Reflects Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer") held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. F2 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. F3 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Read SEC document |
| February 13, 2026 Filed Feb 18, 2026 13:45 UTC |
FRIEDMAN AVRAM ZDirector
|
PurchaseClass A, Common Stock, par value $0.0001 per share | 20,000 | $18.00 | $360,000.00 |
DisclosureSEC source: 0001193125-26-056132 · ownership.xml · nonDerivative · entry 1 FRIEDMAN AVRAM Z · CIK 0001391844 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 20,000 Read SEC document |
| February 12, 2026 Filed May 13, 2026 00:28 UTC |
Blackstone Holdings I L.P.10% owner
Blackstone Holdings I/II GP L.L.C.10% owner
Blackstone Inc.10% owner
Blackstone Group Management L.L.C.10% owner
SCHWARZMAN STEPHEN A10% owner
|
PurchaseClass A Common Stock | 100,000 | $17.66 | $1,766,000.00 |
DisclosureSEC source: 0001193125-26-220232 · ownership.xml · nonDerivative · entry 1 Blackstone Holdings I L.P. · CIK 0001464694 · 10% owner Blackstone Holdings I/II GP L.L.C. · CIK 0001464695 · 10% owner Blackstone Inc. · CIK 0001393818 · 10% owner Blackstone Group Management L.L.C. · CIK 0001404071 · 10% owner SCHWARZMAN STEPHEN A · CIK 0001070844 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See Footnotes Disclosed balance after: 150,000 F4 · price: The price reported in Column 4 is a weighted average price. These Class A Shares were purchased in multiple transactions ranging from $17.25 to $17.87, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock purchased at each separate price in the range set forth in this footnote. F1 · ownership.nature: Reflects Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer") held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. F2 · ownership.nature: Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. F3 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.