Piper Sandler
PIPR
240 hedge funds and large institutions have $1.82B invested in Piper Sandler in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 78 reducing their positions, and 22 closing their positions.
278% more call options, than puts
Call options by funds: $3.89M | Put options by funds: $1.03M
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
17% more capital invested
Capital invested by funds: $1.56B → $1.82B (+$261M)
10.45% more ownership
Funds ownership: 272.58% → 283.03% (+10%)
3% more funds holding
Funds holding: 233 → 240 (+7)
13% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 78
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$45.1M |
| 2 |
Millennium Management
New York
|
+$28.3M |
| 3 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$20.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$13.4M |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$8.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$13.7M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$5.72M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$5.65M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$5.55M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$5.3M |
PIPR Hedge Fund Activity: Q3 2023 in Review
240 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q3 2023, worth a combined $1.82B — up 17% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PIPR positions and 22 closed out — a net gain of 8 holders — while 68 added to existing stakes and 78 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $45.1M. The largest seller was American Century Companies, cutting an estimated $13.7M.
- 240 institutional investors held Piper Sandler (PIPR) as of Q3 2023, up from 233 in Q2 2023.
- Funds reported $1.82B of Piper Sandler stock for Q3 2023, up 17% quarter-over-quarter.
- 30 funds opened new Piper Sandler positions in Q3 2023 and 22 closed out, a net change of +8 holders.
- The largest Piper Sandler buyer in Q3 2023 was Franklin Resources, an estimated $45.1M added.
- The largest Piper Sandler seller in Q3 2023 was American Century Companies, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2023.