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Piper Sandler Companies

PIPR
Exchange
NYSE
Industry
Security Brokers, Dealers & Flotation Companies
SEC CIK
0001230245

No open-market purchases or sales by Piper Sandler Companies insiders were filed in the last 90 days; 422 institutions reported holding it in 13F filings for Q2 2026, worth $4.47B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Piper Sandler Companies as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
419
+47 vs. Q3 2025
Shares held
15.2M
+388.9K (+2.6%) vs. Q3 2025
Total value
$5.16B
+$21.9M (+0.4%) vs. Q3 2025
New holders
77
134 more added
Sold out
30
125 more reduced

10 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PIPR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 419 institutions
Q1 2021: 215 institutionsQ2 2021: 217 institutionsQ3 2021: 239 institutionsQ4 2021: 262 institutionsQ1 2022: 261 institutionsQ2 2022: 248 institutionsQ3 2022: 242 institutionsQ4 2022: 245 institutionsQ1 2023: 247 institutionsQ2 2023: 234 institutionsQ3 2023: 240 institutionsQ4 2023: 258 institutionsQ1 2024: 284 institutionsQ2 2024: 311 institutionsQ3 2024: 334 institutionsQ4 2024: 350 institutionsQ1 2025: 358 institutionsQ2 2025: 357 institutionsQ3 2025: 382 institutionsQ4 2025: 419 institutionsQ1 2026: 393 institutionsQ2 2026: 422 institutions
Value heldQ4 2025: $5.16B
Q1 2021: $1.31BQ2 2021: $1.53BQ3 2021: $1.62BQ4 2021: $2.12BQ1 2022: $1.58BQ2 2022: $1.33BQ3 2022: $1.21BQ4 2022: $1.50BQ1 2023: $1.65BQ2 2023: $1.56BQ3 2023: $1.82BQ4 2023: $2.25BQ1 2024: $2.62BQ2 2024: $3.15BQ3 2024: $4.02BQ4 2024: $4.28BQ1 2025: $3.53BQ2 2025: $4.17BQ3 2025: $5.14BQ4 2025: $5.16BQ1 2026: $4.59BQ2 2026: $4.47B
Institutions holding PIPR and their total value by quarter
QuarterHoldersValue
Q2 2026422$4.47B
Q1 2026393$4.59B
Q4 2025419$5.16B
Q3 2025382$5.14B
Q2 2025357$4.17B
Q1 2025358$3.53B
Q4 2024350$4.28B
Q3 2024334$4.02B
Q2 2024311$3.15B
Q1 2024284$2.62B
Q4 2023258$2.25B
Q3 2023240$1.82B
Q2 2023234$1.56B
Q1 2023247$1.65B
Q4 2022245$1.50B
Q3 2022242$1.21B
Q2 2022248$1.33B
Q1 2022261$1.58B
Q4 2021262$2.12B
Q3 2021239$1.62B
Q2 2021217$1.53B
Q1 2021215$1.31B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Piper Sandler Companies; share changes are against Q3 2025.

Institutions holding PIPR in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Victory Capital Management Inc9,833$3.34M0.00%+5,428+123.2%Added
Martingale Asset Management L P9,758$3.31M0.08%−207−2.1%Reduced
LPL Financial LLC9,686$3.29M0.00%+738+8.2%Added
Intech Investment Management LLC9,658$3.28M0.03%+2,556+36.0%Added
MetLife Investment Management9,579$3.25M0.02%−677−6.6%Reduced
MML Investors Services, LLC9,474$3.22M0.01%+413+4.6%Added
James Investment Research Inc9,375$3.18M0.35%−1,762−15.8%Reduced
NorthCrest Asset Manangement, LLC8,475$3.10M0.07%+6+0.1%Added
Knights of Columbus Asset Advisors LLC8,688$2.95M0.17%−262−2.9%Reduced
Manufacturers Life Insurance Company, The8,654$2.94M0.00%−299−3.3%Reduced
Schonfeld Strategic Advisors LLC8,388$2.85M0.01%+5,334+174.7%Added
Stifel Financial Corp8,350$2.84M0.00%−26−0.3%Reduced
Illinois Municipal Retirement Fund8,267$2.81M0.04%−251−2.9%Reduced
Mirae Asset Global ETFs Holdings Ltd.8,115$2.76M0.00%−15−0.2%Reduced
Public Employees Retirement System of Ohio8,108$2.75M0.01%+35+0.4%Added
Lighthouse Investment Partners, LLC7,635$2.59M0.09%−286−3.6%Reduced
Louisiana State Employees Retirement System7,600$2.58M0.04%00.0%Unchanged
Oppenheimer Asset Management Inc.7,501$2.55M0.03%−419−5.3%Reduced
Harbor Capital Advisors, Inc.7,088$2.41M0.19%+400+6.0%Added
AQR Capital Management LLC7,027$2.39M0.00%+53+0.8%Added
D. E. Shaw & Co., Inc.6,917$2.35M0.00%+6,917New
State of New Jersey Common Pension Fund D6,811$2.31M0.01%+164+2.5%Added
US Bancorp6,633$2.25M0.00%−90−1.3%Reduced
Virtu Financial LLC6,442$2.19M0.08%+5,112+384.4%Added
Credit Agricole S A6,401$2.17M0.01%00.0%Unchanged
Lido Advisors, LLC6,075$2.11M0.01%00.0%Unchanged
Future Fund LLC5,941$2.02M0.71%+1,791+43.2%Added
One Capital Management, LLC5,941$2.02M0.06%+1,791+43.2%Added
First Trust Advisors LP5,731$1.95M0.00%−1,036−15.3%Reduced
Aurdan Capital Management, LLC5,528$1.88M0.58%00.0%Unchanged
Annex Advisory Services, LLC5,461$1.86M0.04%+5,461New
Baird Financial Group, Inc.5,192$1.76M0.00%+4,541+697.5%Added
Cetera Investment Advisers5,125$1.74M0.00%−307−5.7%Reduced
Level Four Advisory Services, LLC5,124$1.74M0.06%−105−2.0%Reduced
Quantinno Capital Management LP5,092$1.73M0.00%+990+24.1%Added
O'Shaughnessy Asset Management, LLC5,058$1.72M0.01%−109−2.1%Reduced
Susquehanna Fundamental Investments, LLC5,049$1.72M0.06%+5,049New
Mariner, LLC5,013$1.70M0.00%−4,332−46.4%Reduced
Arizona State Retirement System4,943$1.68M0.01%−311−5.9%Reduced
State Board of Administration of Florida Retirement System4,934$1.68M0.00%00.0%Unchanged
Yousif Capital Management, LLC4,556$1.68M0.02%−659−12.6%Reduced
Comerica Bank4,918$1.67M0.01%−933−15.9%Reduced
Amalgamated Bank4,862$1.65M0.01%+49+1.0%Added
Police & Firemen's Retirement System of New Jersey4,747$1.61M0.01%−153−3.1%Reduced
Glenmede Trust Co NA4,730$1.61M0.01%+4,730New
Dorsey & Whitney Trust CO LLC4,717$1.60M0.08%−3,589−43.2%Reduced
D.A. Davidson & Co.4,676$1.59M0.01%−16−0.3%Reduced
Integrated Quantitative Investments LLC4,616$1.57M0.34%+683+17.4%Added
STRS Ohio4,500$1.53M0.01%00.0%Unchanged
Captrust Financial Advisors4,376$1.49M0.00%+20.0%Added
Citigroup Inc4,320$1.47M0.00%−2,529−36.9%Reduced
Advisor Group Holdings, Inc.4,318$1.47M0.00%−38−0.9%Reduced
Handelsbanken Fonder AB4,272$1.45M0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA4,225$1.44M0.00%−308−6.8%Reduced
Teachers Retirement System of the State of Kentucky4,204$1.43M0.01%+79+1.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys4,119$1.40M0.01%−114−2.7%Reduced
Oregon Public Employees Retirement Fund3,801$1.29M0.02%+44+1.2%Added
KLP Kapitalforvaltning AS3,780$1.28M0.00%+80+2.2%Added
State of Tennessee, Treasury Department3,702$1.28M0.00%−1,205−24.6%Reduced
Man Group plc3,711$1.26M0.00%+602+19.4%Added
Vestmark Advisory Solutions, Inc.3,688$1.25M0.02%+3,688New
Twinbeech Capital LP3,600$1.22M0.09%+3,600New
JustInvest LLC3,523$1.20M0.01%+168+5.0%Added
Picton Mahoney Asset Management3,514$1.19M0.01%+3,514New
Zurcher Kantonalbank (Zurich Cantonalbank)3,488$1.18M0.00%00.0%Unchanged
Sit Investment Associates Inc3,425$1.16M0.02%00.0%Unchanged
Calamos Advisors LLC3,404$1.16M0.00%−2,743−44.6%Reduced
ProShare Advisors LLC3,393$1.15M0.00%+111+3.4%Added
Nisa Investment Advisors, LLC3,326$1.13M0.00%−58−1.7%Reduced
The PNC Financial Services Group, Inc.3,323$1.13M0.00%−1,620−32.8%Reduced
Fox Run Management, L.L.C.3,305$1.12M0.17%+3,305New
HSBC Holdings PLC3,071$1.04M0.00%−8,099−72.5%Reduced
Envestnet Portfolio Solutions, Inc.3,019$1.03M0.00%−16−0.5%Reduced
Cookson Peirce & Co Inc2,868$974.3K0.04%+2,868New
Pictet Asset Management Holding SA2,828$960.7K0.00%+242+9.4%Added
Vise Technologies, Inc.2,743$931.7K0.02%+752+37.8%Added
Quadrant Capital Group LLC2,712$921.3K0.03%−26−0.9%Reduced
Numerai GP LLC2,661$904.0K0.11%+2,661New
Benjamin Edwards Inc2,650$900.8K0.01%+216+8.9%Added
Assetmark, Inc2,643$897.7K0.00%−133−4.8%Reduced
Amundi2,629$893.1K0.00%−283−9.7%Reduced
Cambridge Investment Research Advisors, Inc.2,616$889.0K0.00%+43+1.7%Added
Cresset Asset Management, LLC2,610$886.6K0.00%+772+42.0%Added
Campbell & CO Investment Adviser LLC2,531$859.8K0.04%+2,531New
Farther Finance Advisors, LLC2,522$856.8K0.01%+310+14.0%Added
First Citizens Bank & Trust Co2,516$854.7K0.02%−40−1.6%Reduced
Robertson Stephens Wealth Management, LLC2,464$837.0K0.02%+2,464New
Maryland State Retirement & Pension System2,450$832.3K0.02%+56+2.3%Added
Mercer Global Advisors Inc14,837$792.6K0.00%+13,136+772.3%Added
Commonwealth Equity Services, LLC2,171$737.6K0.00%+81+3.9%Added
Toroso Investments, LLC2,168$736.5K0.00%+51+2.4%Added
Bayban2,081$706.9K0.62%+2,081New
Pathstone Holdings, LLC2,058$699.1K0.00%+38+1.9%Added
Public Employees Retirement Association of Colorado2,046$695.0K0.00%00.0%Unchanged
Morse Asset Management, Inc2,040$693.0K0.14%00.0%Unchanged
Evergreen Capital Management LLC2,032$690.3K0.02%−133−6.1%Reduced
Resources Investment Advisors, LLC.2,003$680.5K0.01%−208−9.4%Reduced
Coldstream Capital Management Inc1,965$667.4K0.01%+19+1.0%Added
Truepoint, Inc.1,944$660.4K0.01%00.0%Unchanged
Janney Montgomery Scott LLC1,940$659.0K0.00%+1,940New