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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
Miller Value Partners, LLC64,455$5.42M1.91%+1,000+1.6%Added
SEI Investments Co62,121$5.22M0.01%−25,414−29.0%Reduced
Millennium Management LLC60,629$5.10M0.00%−101,185−62.5%Reduced
Maltese Capital Management LLC60,000$5.04M0.90%−125,000−67.6%Reduced
Teachers Retirement System of the State of Kentucky56,057$4.71M0.04%+7,257+14.9%Added
MetLife Investment Management51,601$4.34M0.02%−2,747−5.1%Reduced
Natixis Advisors, L.P.50,672$4.26M0.01%−264,380−83.9%Reduced
Cincinnati Financial Corp50,000$4.20M0.08%00.0%Unchanged
Russell Investments Group, Ltd.49,142$4.14M0.00%−238,261−82.9%Reduced
Brown Brothers Harriman & Co47,000$3.95M0.02%−5,000−9.6%Reduced
Amalgamated Bank46,958$3.95M0.03%−1,165−2.4%Reduced
MidWestOne Financial Group, Inc.46,799$3.93M0.44%+10,240+28.0%Added
XTX Topco Ltd46,789$3.93M0.10%+44,022+1,591.0%Added
Salzhauer Michael46,671$3.92M1.74%+1,856+4.1%Added
Arrowstreet Capital, Limited Partnership46,025$3.87M0.00%+46,025New
Police & Firemen's Retirement System of New Jersey45,378$3.81M0.03%−2,468−5.2%Reduced
Treasurer of the State of North Carolina45,205$3.80M0.01%−3,299−6.8%Reduced
Susquehanna International Group, LLP45,163$3.80M0.01%−17,366−27.8%Reduced
PEAK6 LLC44,994$3.78M0.10%−25,527−36.2%Reduced
State of Tennessee, Treasury Department42,145$3.76M0.01%−1,805−4.1%Reduced
Man Group plc43,395$3.65M0.01%+21,850+101.4%Added
Mutual of America Capital Management LLC42,958$3.61M0.04%−4,851−10.1%Reduced
Dark Forest Capital Management LP42,772$3.60M0.16%+29,744+228.3%Added
TD Asset Management Inc42,664$3.59M0.00%+744+1.8%Added
Raymond James Financial Inc39,964$3.36M0.00%−8,024−16.7%Reduced
Intech Investment Management LLC37,247$3.13M0.03%+37,247New
Brandywine Global Investment Management, LLC36,471$3.07M0.02%+20,657+130.6%Added
Thrivent Financial for Lutherans36,109$3.04M0.01%+1,998+5.9%Added
Atom Investors LP35,765$3.01M0.24%+35,765New
Blair William & Co35,505$2.98M0.01%−6,921−16.3%Reduced
Livforsakringsbolaget Skandia, Omsesidigt34,800$2.92M0.12%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)34,478$2.90M0.01%+4,309+14.3%Added
Yousif Capital Management, LLC32,863$2.82M0.03%−710−2.1%Reduced
Ruffer LLP33,236$2.80M0.13%+33,236New
Public Employees Retirement System of Ohio32,471$2.73M0.01%−1,232−3.7%Reduced
CI Private Wealth, LLC39,056$2.61M0.00%+22,431+134.9%Added
State of New Jersey Common Pension Fund D30,807$2.59M0.01%−3,264−9.6%Reduced
Handelsbanken Fonder AB30,160$2.54M0.01%+5,200+20.8%Added
HighTower Advisors, LLC29,094$2.45M0.00%+532+1.9%Added
Arizona State Retirement System29,060$2.44M0.01%−1,976−6.4%Reduced
Louisiana State Employees Retirement System28,600$2.40M0.04%−200−0.7%Reduced
Comerica Bank27,009$2.27M0.01%−3,270−10.8%Reduced
Advisory Research Inc26,805$2.25M0.28%−19,855−42.6%Reduced
CIBC World Markets Inc.25,900$2.18M0.00%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys25,830$2.17M0.01%−738−2.8%Reduced
New York State Teachers Retirement System25,187$2.12M0.00%00.0%Unchanged
Commerce Bank25,144$2.11M0.01%00.0%Unchanged
Envestnet Asset Management Inc24,618$2.07M0.00%−30,535−55.4%Reduced
State of Michigan Retirement System24,400$2.05M0.01%−300−1.2%Reduced
Simplex Trading, LLC24,365$2.05M0.06%+10,033+70.0%Added
Summit Trail Advisors, LLC23,517$1.98M0.03%+8,528+56.9%Added
Squarepoint Ops LLC23,242$1.95M0.00%+23,242New
Northwestern Mutual Investment Management Company, LLC23,095$1.94M0.02%+20+0.1%Added
KLP Kapitalforvaltning AS22,400$1.88M0.01%+400+1.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH22,360$1.88M0.00%−630−2.7%Reduced
Susquehanna Fundamental Investments, LLC22,290$1.87M0.06%−2,095−8.6%Reduced
New Mexico Educational Retirement Board22,100$1.86M0.06%00.0%Unchanged
BNP Paribas Arbitrage, SA21,036$1.77M0.00%−1,830−8.0%Reduced
Sippican Capital Advisors21,015$1.77M1.14%00.0%Unchanged
Oregon Public Employees Retirement Fund20,600$1.73M0.02%−200−1.0%Reduced
Lazard Asset Management LLC19,954$1.68M0.00%−1,321−6.2%Reduced
Riverwater Partners LLC19,398$1.63M0.63%+3,350+20.9%Added
Scotia Capital Inc.19,016$1.60M0.01%+499+2.7%Added
Ameritas Investment Partners, Inc.18,917$1.59M0.05%−488−2.5%Reduced
Creative Planning18,790$1.58M0.00%+7,884+72.3%Added
Utah Retirement Systems17,811$1.50M0.01%00.0%Unchanged
JustInvest LLC17,214$1.45M0.01%+2,494+16.9%Added
Legato Capital Management LLC17,186$1.44M0.12%+754+4.6%Added
Oak Thistle LLC16,564$1.39M0.19%+16,564New
Gsa Capital Partners LLP16,420$1.38M0.12%+13,835+535.2%Added
Pictet Asset Management Holding SA16,132$1.36M0.00%+1,308+8.8%Added
Independent Financial Group, LLC15,725$1.32M0.03%+225+1.5%Added
Silver Oak Securities, Inc15,540$1.32M0.09%+1,222+8.5%Added
Atria Investments LLC14,782$1.24M0.01%+1,104+8.1%Added
CWM Advisors, LLC14,710$1.24M0.11%+520+3.7%Added
Exchange Traded Concepts, LLC14,659$1.23M0.01%−127−0.9%Reduced
Emerald Mutual Fund Advisers Trust14,347$1.21M0.06%−3,584−20.0%Reduced
Balyasny Asset Management LLC14,298$1.20M0.00%−4,777−25.0%Reduced
Commonwealth Equity Services, LLC14,150$1.19M0.00%+3,183+29.0%Added
SG Americas Securities, LLC14,123$1.19M0.00%−3,232−18.6%Reduced
Harbor Advisors LLC14,000$1.18M0.18%+5,000+55.6%Added
O'Shaughnessy Asset Management, LLC13,875$1.17M0.01%−9,076−39.5%Reduced
Kestra Advisory Services, LLC13,743$1.16M0.00%−382−2.7%Reduced
Mercer Global Advisors Inc13,533$1.14M0.00%+13,533New
Xponance, Inc.13,327$1.12M0.01%−681−4.9%Reduced
Point72 Asset Management, L.P.13,183$1.11M0.00%+13,183New
Sit Investment Associates Inc12,825$1.08M0.02%00.0%Unchanged
Captrust Financial Advisors12,722$1.07M0.00%+1,104+9.5%Added
Wealth Enhancement Advisory Services, LLC12,047$1.07M0.00%+7,107+143.9%Added
EP Wealth Advisors, LLC12,634$1.06M0.01%+12,634New
Pacer Advisors, Inc.12,351$1.04M0.00%−1,401−10.2%Reduced
Marshall Wace, LLP12,080$1.02M0.00%−152,633−92.7%Reduced
Cincinnati Specialty Underwriters Insurance CO11,895$1.00M0.23%00.0%Unchanged
Walleye Capital LLC11,463$963.7K0.01%+1,460+14.6%Added
Ostrum Asset Management11,345$953.8K0.05%−10,015−46.9%Reduced
Entropy Technologies, LP11,171$939.1K0.05%+11,171New
Pathstone Holdings, LLC11,143$936.8K0.00%−366−3.2%Reduced
Cetera Investment Advisers11,103$933.4K0.00%−490−4.2%Reduced
Inspire Advisors, LLC11,099$933.2K0.09%−773−6.5%Reduced
Jackson Square Capital, LLC11,067$930.4K0.18%−2,414−17.9%Reduced