Voya Financial, Inc.
Ticker: VOYAFinancialsLife InsuranceThe business
Voya Financial, Inc. (NYSE: VOY) operates as a leading provider of workplace benefits and savings solutions, retirement administration technology, and international asset management services. The company serves approximately 18 million individual customer relationships and more than 50,000 employer and institutional client relationships across its three primary business segments: Retirement, Investment Management, and Employee Benefits.
The Retirement segment generates the largest portion of revenue and manages approximately $796.5 billion in assets under management and administration as of December 31, 2025. This division provides retirement plan solutions and administration technology to approximately 45,000 U.S. employers, serving nearly 10 million participant accounts through full-service plans, recordkeeping services, and stable value investment options. The segment also operates a Wealth Management business offering advisory services, IRAs, and financial planning through Voya Financial Advisors, a registered investment advisor and broker-dealer.
The Investment Management segment manages $360.1 billion in assets for institutional and individual investors, with particular strength in fixed income, private assets, and alternative strategies. This division operates as a leading international asset manager with significant distribution capabilities in Europe and Asia, enhanced through a strategic partnership with Allianz Global Investors where Allianz holds a 24% equity interest in the investment management entity.
The Employee Benefits segment provides supplemental health insurance, group life and disability coverage, stop-loss insurance, and benefits administration services through the Benefitfocus platform, which serves approximately 12.2 million employees. The company ranks third among direct providers of stop-loss coverage with approximately $1.6 billion in in-force premiums.
Voya employs approximately 11,000 people across the United States and maintains a global services capability center in India. The company was spun off from ING Groep N.V. and became a public company in May 2013. Recent strategic acquisitions include the full-service retirement plan business of OneAmerica Financial completed in January 2025. The company maintains its website at www.voya.com and generated $1.038 billion in adjusted operating earnings before income taxes for the year ended December 31, 2025.
- Sector
- Financials
- Industry
- Life Insurance
- HQ
- NEW YORK, NY
- FY end
- 12-31
- CIK
- 1535929
- SIC
- 6311
Ownership
Who holds Voya Financial, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| iShares Core S&P Mid-Cap ETF IJH · iShares Trust | 0.23% | $280.90M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.01% | $260.61M |
| VANGUARD WINDSOR FUND VWNDX · VANGUARD WINDSOR FUNDS | 1.05% | $253.48M |
| T. Rowe Price Mid-Cap Value Fund, Inc. TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC. | 1.41% | $230.88M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.10% | $188.32M |
Bonds held by funds
Funds report holding 8 issues of Voya Financial, Inc.'s debt, $506.30M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.85%, maturing 2026–2048.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| Voya Financial Inc | 7.758% | 2028-09-15 | 30 | $152.79M |
| Voya Financial, Inc. | 5.050% | 2036-03-02 | 40 | $98.39M |
| Voya Financial Inc | 4.700%Variable | 2048-01-23 | 55 | $78.78M |
| VOYA FINANCIAL INC | 3.650% | 2026-06-15 | 16 | $66.08M |
| Voya Financial, Inc. | 5.000% | 2034-09-20 | 37 | $55.53M |
| VOYA FINANCIAL INC | 5.700% | 2043-07-15 | 42 | $43.10M |
| VOYA FINANCIAL | 4.800% | 2046-06-15 | 23 | $11.43M |
| Peachtree Corners Funding Trust II | 6.012% | 2035-05-15 | 1 | $0.21M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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