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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
Advisory Research Inc26,805$2.25M0.28%−19,855−42.6%Reduced
Comerica Bank27,009$2.27M0.01%−3,270−10.8%Reduced
Louisiana State Employees Retirement System28,600$2.40M0.04%−200−0.7%Reduced
Arizona State Retirement System29,060$2.44M0.01%−1,976−6.4%Reduced
HighTower Advisors, LLC29,094$2.45M0.00%+532+1.9%Added
Handelsbanken Fonder AB30,160$2.54M0.01%+5,200+20.8%Added
State of New Jersey Common Pension Fund D30,807$2.59M0.01%−3,264−9.6%Reduced
CI Private Wealth, LLC39,056$2.61M0.00%+22,431+134.9%Added
Public Employees Retirement System of Ohio32,471$2.73M0.01%−1,232−3.7%Reduced
Ruffer LLP33,236$2.80M0.13%+33,236New
Yousif Capital Management, LLC32,863$2.82M0.03%−710−2.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)34,478$2.90M0.01%+4,309+14.3%Added
Livforsakringsbolaget Skandia, Omsesidigt34,800$2.92M0.12%00.0%Unchanged
Blair William & Co35,505$2.98M0.01%−6,921−16.3%Reduced
Atom Investors LP35,765$3.01M0.24%+35,765New
Thrivent Financial for Lutherans36,109$3.04M0.01%+1,998+5.9%Added
Brandywine Global Investment Management, LLC36,471$3.07M0.02%+20,657+130.6%Added
Intech Investment Management LLC37,247$3.13M0.03%+37,247New
Raymond James Financial Inc39,964$3.36M0.00%−8,024−16.7%Reduced
TD Asset Management Inc42,664$3.59M0.00%+744+1.8%Added
Dark Forest Capital Management LP42,772$3.60M0.16%+29,744+228.3%Added
Mutual of America Capital Management LLC42,958$3.61M0.04%−4,851−10.1%Reduced
Man Group plc43,395$3.65M0.01%+21,850+101.4%Added
State of Tennessee, Treasury Department42,145$3.76M0.01%−1,805−4.1%Reduced
PEAK6 LLC44,994$3.78M0.10%−25,527−36.2%Reduced
Susquehanna International Group, LLP45,163$3.80M0.01%−17,366−27.8%Reduced
Treasurer of the State of North Carolina45,205$3.80M0.01%−3,299−6.8%Reduced
Police & Firemen's Retirement System of New Jersey45,378$3.81M0.03%−2,468−5.2%Reduced
Arrowstreet Capital, Limited Partnership46,025$3.87M0.00%+46,025New
Salzhauer Michael46,671$3.92M1.74%+1,856+4.1%Added
XTX Topco Ltd46,789$3.93M0.10%+44,022+1,591.0%Added
MidWestOne Financial Group, Inc.46,799$3.93M0.44%+10,240+28.0%Added
Amalgamated Bank46,958$3.95M0.03%−1,165−2.4%Reduced
Brown Brothers Harriman & Co47,000$3.95M0.02%−5,000−9.6%Reduced
Russell Investments Group, Ltd.49,142$4.14M0.00%−238,261−82.9%Reduced
Cincinnati Financial Corp50,000$4.20M0.08%00.0%Unchanged
Natixis Advisors, L.P.50,672$4.26M0.01%−264,380−83.9%Reduced
MetLife Investment Management51,601$4.34M0.02%−2,747−5.1%Reduced
Teachers Retirement System of the State of Kentucky56,057$4.71M0.04%+7,257+14.9%Added
Maltese Capital Management LLC60,000$5.04M0.90%−125,000−67.6%Reduced
Millennium Management LLC60,629$5.10M0.00%−101,185−62.5%Reduced
SEI Investments Co62,121$5.22M0.01%−25,414−29.0%Reduced
Miller Value Partners, LLC64,455$5.42M1.91%+1,000+1.6%Added
New York State Common Retirement Fund66,690$5.61M0.01%−15,186−18.5%Reduced
Sequoia Financial Advisors, LLC70,365$5.92M0.03%+986+1.4%Added
Neuberger Berman Group LLC71,659$6.02M0.00%+241+0.3%Added
Great West Life Assurance Co74,527$6.26M0.01%−10,876−12.7%Reduced
Jacobs Levy Equity Management, Inc76,266$6.41M0.02%+28,352+59.2%Added
Thompson Siegel & Walmsley LLC77,342$6.50M0.11%+954+1.2%Added
Great Lakes Advisors, LLC78,863$6.63M0.05%−33,171−29.6%Reduced
Nordea Investment Management AB79,916$6.71M0.01%−12,216−13.3%Reduced
Petiole USA ltd81,103$6.82M4.42%00.0%Unchanged
American Century Companies Inc82,236$6.91M0.00%−42,745−34.2%Reduced
Stifel Financial Corp86,464$7.27M0.01%−4,638−5.1%Reduced
D. E. Shaw & Co., Inc.88,238$7.42M0.01%+88,238New
Qube Research & Technologies Ltd88,506$7.44M0.01%+88,506New
State Board of Administration of Florida Retirement System93,885$7.89M0.01%00.0%Unchanged
Wells Fargo & Company94,962$7.98M0.00%+25,760+37.2%Added
Rafferty Asset Management, LLC97,141$8.17M0.03%−24,633−20.2%Reduced
Campbell & CO Investment Adviser LLC97,172$8.17M0.39%+97,172New
M&G Plc99,556$8.36M0.04%−150,735−60.2%Reduced
California State Teachers Retirement System99,734$8.38M0.01%−113−0.1%Reduced
683 Capital Management, LLC100,000$8.41M0.70%00.0%Unchanged
South Dakota Investment Council103,516$8.70M0.17%−3,700−3.5%Reduced
Goldman Sachs Group Inc103,586$8.71M0.00%−321,242−75.6%Reduced
Nicholas Investment Partners, LP107,520$9.04M0.66%−31,358−22.6%Reduced
Citigroup Inc108,056$9.08M0.01%−11,772−9.8%Reduced
Quantbot Technologies LP108,287$9.10M0.30%+22,014+25.5%Added
LHM, Inc.108,880$9.15M3.41%−7,452−6.4%Reduced
Black Maple Capital Management LP110,776$9.31M6.96%+56,284+103.3%Added
Susquehanna Portfolio Strategies, LLC116,593$9.80M0.15%−714−0.6%Reduced
Algert Global LLC117,113$9.85M0.15%+65,040+124.9%Added
Holocene Advisors, LP120,008$10.1M0.02%+103,891+644.6%Added
Amundi120,612$10.1M0.00%+120,612New
Retirement Systems of Alabama123,883$10.4M0.03%−1,279−1.0%Reduced
LPL Financial LLC125,919$10.6M0.00%+1,042+0.8%Added
Gator Capital Management, LLC129,365$10.9M2.25%+25,155+24.1%Added
Basswood Capital Management, L.L.C.133,164$11.2M0.49%00.0%Unchanged
Tudor Investment Corp Et Al151,205$12.7M0.07%+126,315+507.5%Added
Legal & General Group Plc155,389$13.1M0.00%−9,028−5.5%Reduced
Generate Investment Management Ltd160,000$13.5M0.61%+20,000+14.3%Added
Two Sigma Advisers, LP161,200$13.6M0.03%+131,501+442.8%Added
Thornburg Investment Management Inc163,527$13.7M0.17%−1,085−0.7%Reduced
Glenmede Trust Co NA181,099$15.2M0.07%+181,099New
Quantinno Capital Management LP182,128$15.3M0.03%+73,820+68.2%Added
Colony Group, LLC185,604$15.6M0.02%+17,444+10.4%Added
Stanley Capital Management, LLC192,000$16.1M2.70%00.0%Unchanged
California Public Employees Retirement System192,894$16.2M0.01%−3,394−1.7%Reduced
Bank of America Corp196,611$16.5M0.00%−61,646−23.9%Reduced
Barclays PLC199,073$16.7M0.01%−17,646−8.1%Reduced
Royal Bank of Canada202,043$17.0M0.00%−89,480−30.7%Reduced
Swiss National Bank206,700$17.4M0.01%+3,400+1.7%Added
JPMorgan Chase & Co213,087$17.9M0.00%−31,902−13.0%Reduced
Westwood Holdings Group Inc.214,476$18.0M0.15%−17,296−7.5%Reduced
Principal Financial Group Inc222,068$18.7M0.01%−7,931−3.4%Reduced
DnB Asset Management AS224,084$18.8M0.07%+12,122+5.7%Added
Hood River Capital Management LLC246,208$20.7M0.23%−413,237−62.7%Reduced
Alliancebernstein L.P.250,184$21.0M0.01%+78,870+46.0%Added
Rockefeller Capital Management L.P.260,229$21.9M0.04%+19,581+8.1%Added
State of Wisconsin Investment Board274,970$23.1M0.05%+10,556+4.0%Added