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Western Alliance Bancorporation

WAL
Exchange
NYSE
Industry
State Commercial Banks
SEC CIK
0001212545

No open-market purchases or sales by Western Alliance Bancorporation insiders were filed in the last 90 days; 499 institutions reported holding it in 13F filings for Q2 2026, worth $8.06B in total; no superinvestor holds it.

Other share classesWAL.PA

13F holders, Q4 2025

Institutional positions in Western Alliance Bancorporation 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
443
+6 vs. Q3 2025
Shares held
94.8M
−4.03M (−4.1%) vs. Q3 2025
Total value
$7.97B
−$585.9M (−6.9%) vs. Q3 2025
New holders
70
141 more added
Sold out
64
159 more reduced

6 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 WAL 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: 443 institutions
Q1 2021: 373 institutionsQ2 2021: 391 institutionsQ3 2021: 397 institutionsQ4 2021: 428 institutionsQ1 2022: 400 institutionsQ2 2022: 389 institutionsQ3 2022: 368 institutionsQ4 2022: 380 institutionsQ1 2023: 331 institutionsQ2 2023: 321 institutionsQ3 2023: 339 institutionsQ4 2023: 377 institutionsQ1 2024: 387 institutionsQ2 2024: 379 institutionsQ3 2024: 418 institutionsQ4 2024: 427 institutionsQ1 2025: 414 institutionsQ2 2025: 441 institutionsQ3 2025: 443 institutionsQ4 2025: 443 institutionsQ1 2026: 451 institutionsQ2 2026: 499 institutions
Value heldQ4 2025: $7.97B
Q1 2021: $8.63BQ2 2021: $8.41BQ3 2021: $9.90BQ4 2021: $10.0BQ1 2022: $7.85BQ2 2022: $6.69BQ3 2022: $6.15BQ4 2022: $5.71BQ1 2023: $3.06BQ2 2023: $2.91BQ3 2023: $4.12BQ4 2023: $5.93BQ1 2024: $5.81BQ2 2024: $5.68BQ3 2024: $8.52BQ4 2024: $8.25BQ1 2025: $7.50BQ2 2025: $7.67BQ3 2025: $8.59BQ4 2025: $7.97BQ1 2026: $6.44BQ2 2026: $8.06B
Institutions holding WAL and their total value by quarter
QuarterHoldersValue
Q2 2026499$8.06B
Q1 2026451$6.44B
Q4 2025443$7.97B
Q3 2025443$8.59B
Q2 2025441$7.67B
Q1 2025414$7.50B
Q4 2024427$8.25B
Q3 2024418$8.52B
Q2 2024379$5.68B
Q1 2024387$5.81B
Q4 2023377$5.93B
Q3 2023339$4.12B
Q2 2023321$2.91B
Q1 2023331$3.06B
Q4 2022380$5.71B
Q3 2022368$6.15B
Q2 2022389$6.69B
Q1 2022400$7.85B
Q4 2021428$10.0B
Q3 2021397$9.90B
Q2 2021391$8.41B
Q1 2021373$8.63B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Western Alliance Bancorporation; share changes are against Q3 2025.

Institutions holding WAL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Advisor Group Holdings, Inc.5,898$496.3K0.00%−46,468−88.7%Reduced
Quadrant Capital Group LLC6,008$505.1K0.02%+113+1.9%Added
Illinois Municipal Retirement Fund6,054$509.0K0.01%−6,063−50.0%Reduced
Mitsubishi UFJ Trust & Banking Corp6,089$511.9K0.00%+6,089New
EJF Capital LLC6,102$513.0K0.29%−344−5.3%Reduced
Ensign Peak Advisors, Inc6,140$516.2K0.00%−12,100−66.3%Reduced
D.A. Davidson & Co.6,167$518.5K0.00%−72−1.2%Reduced
The PNC Financial Services Group, Inc.6,222$523.1K0.00%−591−8.7%Reduced
Jump Financial, LLC6,365$535.1K0.01%+6,365New
Burns Matteson Capital Management, LLC6,429$540.5K0.22%+6,429New
Wedmont Private Capital6,251$549.5K0.02%+753+13.7%Added
HSBC Holdings PLC6,580$553.4K0.00%+2,781+73.2%Added
Quest Partners LLC6,590$554.0K0.03%+2,479+60.3%Added
CIBC Private Wealth Group, LLC6,794$571.2K0.00%+312+4.8%Added
WestHill Financial Advisors, Inc.7,039$591.8K0.11%−250−3.4%Reduced
Equitable Holdings, Inc.7,165$602.4K0.00%−1,145−13.8%Reduced
Evoke Wealth, LLC7,322$615.6K0.01%−1,080−12.9%Reduced
Mariner, LLC7,312$615.7K0.00%+7,312New
Cincinnati Casualty Co7,405$622.5K0.32%00.0%Unchanged
RSM US Wealth Management LLC7,378$624.5K0.01%−3,744−33.7%Reduced
Cerity Partners LLC7,433$624.9K0.00%+7,433New
AssuredPartners Investment Advisors, LLC7,447$626.1K0.09%−46−0.6%Reduced
Securian Asset Management, Inc7,521$632.3K0.02%−232−3.0%Reduced
Deutsche Bank AG7,602$639.1K0.00%−173−2.2%Reduced
PAX Financial Group, LLC7,753$651.8K0.11%−2,389−23.6%Reduced
Ethic Inc.7,946$668.1K0.01%+991+14.2%Added
Angel Oak Capital Advisors, LLC8,000$672.6K0.98%−2,000−20.0%Reduced
Prudential Financial Inc7,977$675.2K0.00%−2,623−24.7%Reduced
Arkadios Wealth Advisors8,134$683.9K0.01%+187+2.4%Added
Resources Investment Advisors, LLC.8,282$696.2K0.01%+22+0.3%Added
Teacher Retirement System of Texas8,322$699.6K0.00%−12,410−59.9%Reduced
Brown Advisory Inc8,513$715.6K0.00%−85−1.0%Reduced
Federation des caisses Desjardins du Quebec8,627$725.3K0.00%+1,212+16.3%Added
Sanctuary Advisors, LLC8,971$754.2K0.00%−1,217−11.9%Reduced
GWM Advisors LLC9,462$795.5K0.00%+454+5.0%Added
Quantitative Investment Management, LLC9,519$800.0K0.08%+9,519New
Forum Financial Management, LP9,567$804.3K0.01%+4,948+107.1%Added
Federated Hermes, Inc.9,789$823.0K0.00%+542+5.9%Added
CAPROCK Group, Inc.9,796$823.5K0.02%+7,267+287.3%Added
Lodestone Wealth Management LLC10,098$848.9K0.35%+1,400+16.1%Added
State of Alaska, Department of Revenue10,251$861.0K0.01%−910−8.2%Reduced
DRW Securities, LLC10,841$911.4K0.07%+3,419+46.1%Added
Public Employees Retirement Association of Colorado10,950$921.0K0.00%00.0%Unchanged
Jackson Square Capital, LLC11,067$930.4K0.18%−2,414−17.9%Reduced
Inspire Advisors, LLC11,099$933.2K0.09%−773−6.5%Reduced
Cetera Investment Advisers11,103$933.4K0.00%−490−4.2%Reduced
Pathstone Holdings, LLC11,143$936.8K0.00%−366−3.2%Reduced
Entropy Technologies, LP11,171$939.1K0.05%+11,171New
Ostrum Asset Management11,345$953.8K0.05%−10,015−46.9%Reduced
Walleye Capital LLC11,463$963.7K0.01%+1,460+14.6%Added
Cincinnati Specialty Underwriters Insurance CO11,895$1.00M0.23%00.0%Unchanged
Marshall Wace, LLP12,080$1.02M0.00%−152,633−92.7%Reduced
Pacer Advisors, Inc.12,351$1.04M0.00%−1,401−10.2%Reduced
EP Wealth Advisors, LLC12,634$1.06M0.01%+12,634New
Wealth Enhancement Advisory Services, LLC12,047$1.07M0.00%+7,107+143.9%Added
Captrust Financial Advisors12,722$1.07M0.00%+1,104+9.5%Added
Sit Investment Associates Inc12,825$1.08M0.02%00.0%Unchanged
Point72 Asset Management, L.P.13,183$1.11M0.00%+13,183New
Xponance, Inc.13,327$1.12M0.01%−681−4.9%Reduced
Mercer Global Advisors Inc13,533$1.14M0.00%+13,533New
Kestra Advisory Services, LLC13,743$1.16M0.00%−382−2.7%Reduced
O'Shaughnessy Asset Management, LLC13,875$1.17M0.01%−9,076−39.5%Reduced
Harbor Advisors LLC14,000$1.18M0.18%+5,000+55.6%Added
SG Americas Securities, LLC14,123$1.19M0.00%−3,232−18.6%Reduced
Commonwealth Equity Services, LLC14,150$1.19M0.00%+3,183+29.0%Added
Balyasny Asset Management LLC14,298$1.20M0.00%−4,777−25.0%Reduced
Emerald Mutual Fund Advisers Trust14,347$1.21M0.06%−3,584−20.0%Reduced
Exchange Traded Concepts, LLC14,659$1.23M0.01%−127−0.9%Reduced
CWM Advisors, LLC14,710$1.24M0.11%+520+3.7%Added
Atria Investments LLC14,782$1.24M0.01%+1,104+8.1%Added
Silver Oak Securities, Inc15,540$1.32M0.09%+1,222+8.5%Added
Independent Financial Group, LLC15,725$1.32M0.03%+225+1.5%Added
Pictet Asset Management Holding SA16,132$1.36M0.00%+1,308+8.8%Added
Gsa Capital Partners LLP16,420$1.38M0.12%+13,835+535.2%Added
Oak Thistle LLC16,564$1.39M0.19%+16,564New
Legato Capital Management LLC17,186$1.44M0.12%+754+4.6%Added
JustInvest LLC17,214$1.45M0.01%+2,494+16.9%Added
Utah Retirement Systems17,811$1.50M0.01%00.0%Unchanged
Creative Planning18,790$1.58M0.00%+7,884+72.3%Added
Ameritas Investment Partners, Inc.18,917$1.59M0.05%−488−2.5%Reduced
Scotia Capital Inc.19,016$1.60M0.01%+499+2.7%Added
Riverwater Partners LLC19,398$1.63M0.63%+3,350+20.9%Added
Lazard Asset Management LLC19,954$1.68M0.00%−1,321−6.2%Reduced
Oregon Public Employees Retirement Fund20,600$1.73M0.02%−200−1.0%Reduced
Sippican Capital Advisors21,015$1.77M1.14%00.0%Unchanged
BNP Paribas Arbitrage, SA21,036$1.77M0.00%−1,830−8.0%Reduced
New Mexico Educational Retirement Board22,100$1.86M0.06%00.0%Unchanged
Susquehanna Fundamental Investments, LLC22,290$1.87M0.06%−2,095−8.6%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH22,360$1.88M0.00%−630−2.7%Reduced
KLP Kapitalforvaltning AS22,400$1.88M0.01%+400+1.8%Added
Northwestern Mutual Investment Management Company, LLC23,095$1.94M0.02%+20+0.1%Added
Squarepoint Ops LLC23,242$1.95M0.00%+23,242New
Summit Trail Advisors, LLC23,517$1.98M0.03%+8,528+56.9%Added
Simplex Trading, LLC24,365$2.05M0.06%+10,033+70.0%Added
State of Michigan Retirement System24,400$2.05M0.01%−300−1.2%Reduced
Envestnet Asset Management Inc24,618$2.07M0.00%−30,535−55.4%Reduced
Commerce Bank25,144$2.11M0.01%00.0%Unchanged
New York State Teachers Retirement System25,187$2.12M0.00%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys25,830$2.17M0.01%−738−2.8%Reduced
CIBC World Markets Inc.25,900$2.18M0.00%00.0%Unchanged