Piper Sandler
PIPR
246 hedge funds and large institutions have $1.65B invested in Piper Sandler in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 68 increasing their positions, 79 reducing their positions, and 33 closing their positions.
164% more call options, than puts
Call options by funds: $5.6M | Put options by funds: $2.12M
19.37% more ownership
Funds ownership: 247.67% → 267.03% (+19%)
15% more capital invested
Capital invested by funds: $1.44B → $1.65B (+$216M)
12% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 33
1% more funds holding
Funds holding: 244 → 246 (+2)
14% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.9M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$9.62M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
+$8.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$27.8M |
| 2 |
BlackRock
New York
|
-$19.9M |
| 3 |
Millennium Management
New York
|
-$5.41M |
| 4 |
Goldman Sachs
New York
|
-$4.94M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.41M |
PIPR Hedge Fund Activity: Q1 2023 in Review
246 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q1 2023, worth a combined $1.65B — up 15% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PIPR positions and 33 closed out — a net gain of 4 holders — while 68 added to existing stakes and 79 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15M. The largest seller was Principal Financial Group, cutting an estimated $27.8M.
- 246 institutional investors held Piper Sandler (PIPR) as of Q1 2023, up from 244 in Q4 2022.
- Funds reported $1.65B of Piper Sandler stock for Q1 2023, up 15% quarter-over-quarter.
- 37 funds opened new Piper Sandler positions in Q1 2023 and 33 closed out, a net change of +4 holders.
- The largest Piper Sandler buyer in Q1 2023 was Fidelity Investments, an estimated $15M added.
- The largest Piper Sandler seller in Q1 2023 was Principal Financial Group, an estimated $27.8M sold.
Based on aggregated 13F filings for Q1 2023.