Piper Sandler
PIPR
181 hedge funds and large institutions have $613M invested in Piper Sandler in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 22 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
1% less capital invested
Capital invested by funds: $619M → $613M (-$6.71M)
4% less funds holding
Funds holding: 188 → 181 (-7)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
27% less call options, than puts
Call options by funds: $727K | Put options by funds: $1M
49.83% less ownership
Funds ownership: 323.11% → 273.28% (-50%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.24M |
| 2 |
Goldman Sachs
New York
|
+$6.39M |
| 3 |
BlackRock
New York
|
+$4.27M |
| 4 |
Millennium Management
New York
|
+$3.41M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$4M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.3M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$2.84M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.28M |
PIPR Hedge Fund Activity: Q3 2017 in Review
181 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q3 2017, worth a combined $613M — down 1.1% from $619M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PIPR and 17 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 60 added.
The largest buyer was Principal Financial Group, adding an estimated $8.24M. The largest seller was Boston Advisors, exiting entirely with an estimated $4M sold.
- 181 institutional investors held Piper Sandler (PIPR) as of Q3 2017, down from 188 in Q2 2017.
- Funds reported $613M of Piper Sandler stock for Q3 2017, down 1.1% quarter-over-quarter.
- 17 funds opened new Piper Sandler positions in Q3 2017 and 22 closed out, a net change of -5 holders.
- The largest Piper Sandler buyer in Q3 2017 was Principal Financial Group, an estimated $8.24M added.
- The largest Piper Sandler seller in Q3 2017 was Boston Advisors, an estimated $4M sold.
Based on aggregated 13F filings for Q3 2017.