Piper Sandler
PIPR
174 hedge funds and large institutions have $402M invested in Piper Sandler in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 59 reducing their positions, and 32 closing their positions.
96% more call options, than puts
Call options by funds: $347K | Put options by funds: $177K
18.59% more ownership
Funds ownership: 276.43% → 295.02% (+19%)
4% less funds holding
Funds holding: 182 → 174 (-8)
17% less capital invested
Capital invested by funds: $482M → $402M (-$80.2M)
19% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 59
25% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.5M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.8M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$4.42M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$4.1M |
| 5 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.5M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$8.58M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$7.55M |
| 4 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
-$3.26M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$2.52M |
PIPR Hedge Fund Activity: Q3 2015 in Review
174 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q3 2015, worth a combined $402M — down 17% from $482M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PIPR and 24 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 48 added.
The largest buyer was Millennium Management, adding an estimated $19.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $10.5M.
- 174 institutional investors held Piper Sandler (PIPR) as of Q3 2015, down from 182 in Q2 2015.
- Funds reported $402M of Piper Sandler stock for Q3 2015, down 17% quarter-over-quarter.
- 24 funds opened new Piper Sandler positions in Q3 2015 and 32 closed out, a net change of -8 holders.
- The largest Piper Sandler buyer in Q3 2015 was Millennium Management, an estimated $19.5M added.
- The largest Piper Sandler seller in Q3 2015 was T. Rowe Price Associates, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2015.