Piper Sandler
PIPR
201 hedge funds and large institutions have $680M invested in Piper Sandler in 2017 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 54 reducing their positions, and 34 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 54
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
1.9% less ownership
Funds ownership: 282.86% → 280.96% (-1.9%)
3% less funds holding
Funds holding: 208 → 201 (-7)
12% less capital invested
Capital invested by funds: $776M → $680M (-$95.4M)
66% less call options, than puts
Call options by funds: $2.8M | Put options by funds: $8.25M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$128M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$22.8M |
| 3 |
Millennium Management
New York
|
+$11.5M |
| 4 |
Renaissance Technologies
New York
|
+$5.89M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$12.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$8.97M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$7.86M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$7.46M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$5.26M |
PIPR Hedge Fund Activity: Q1 2017 in Review
201 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q1 2017, worth a combined $680M — down 12% from $776M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PIPR and 32 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 66 added.
The largest buyer was BlackRock, adding an estimated $128M. The largest seller was Bank of New York Mellon, cutting an estimated $12.5M.
- 201 institutional investors held Piper Sandler (PIPR) as of Q1 2017, down from 208 in Q4 2016.
- Funds reported $680M of Piper Sandler stock for Q1 2017, down 12% quarter-over-quarter.
- 32 funds opened new Piper Sandler positions in Q1 2017 and 34 closed out, a net change of -2 holders.
- The largest Piper Sandler buyer in Q1 2017 was BlackRock, an estimated $128M added.
- The largest Piper Sandler seller in Q1 2017 was Bank of New York Mellon, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2017.