Piper Sandler
PIPR
233 hedge funds and large institutions have $1.56B invested in Piper Sandler in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 73 reducing their positions, and 36 closing their positions.
5.55% more ownership
Funds ownership: 267.03% → 272.58% (+5.5%)
1% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 73
5% less funds holding
Funds holding: 246 → 233 (-13)
5% less capital invested
Capital invested by funds: $1.65B → $1.56B (-$91M)
11% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $2.48M
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$16.6M |
| 2 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$9.99M |
| 3 |
Janus Henderson Group
London,
|
+$9.22M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$6.17M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15.8M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$8.37M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.22M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.13M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$4.03M |
PIPR Hedge Fund Activity: Q2 2023 in Review
233 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q2 2023, worth a combined $1.56B — down 5.5% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PIPR and 23 opened new positions — a net loss of 13 holders — while 73 trimmed existing stakes and 74 added.
The largest buyer was Westwood Holdings Group, adding an estimated $16.6M. The largest seller was Balyasny Asset Management, cutting an estimated $15.8M.
- 233 institutional investors held Piper Sandler (PIPR) as of Q2 2023, down from 246 in Q1 2023.
- Funds reported $1.56B of Piper Sandler stock for Q2 2023, down 5.5% quarter-over-quarter.
- 23 funds opened new Piper Sandler positions in Q2 2023 and 36 closed out, a net change of -13 holders.
- The largest Piper Sandler buyer in Q2 2023 was Westwood Holdings Group, an estimated $16.6M added.
- The largest Piper Sandler seller in Q2 2023 was Balyasny Asset Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2023.