Piper Sandler
PIPR
421 hedge funds and large institutions have $4.47B invested in Piper Sandler in 2026 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 153 increasing their positions, 120 reducing their positions, and 44 closing their positions.
154% more call options, than puts
Call options by funds: $26.6M | Put options by funds: $10.5M
80% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 44
28% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 120
7% more funds holding
Funds holding: 392 → 421 (+29)
3% less capital invested
Capital invested by funds: $4.59B → $4.47B (-$120M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
249.78% less ownership
Funds ownership: 336.67% → 86.89% (-250%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$43.2M |
| 3 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$31.2M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$30.8M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$38.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$26.8M |
| 4 |
Walleye Capital
New York
|
-$25.4M |
| 5 |
LP
Longaeva Partners
Chicago,
Illinois
|
-$16.2M |
PIPR Hedge Fund Activity: Q2 2026 in Review
421 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Piper Sandler (PIPR) for Q2 2026, worth a combined $4.47B — down 2.6% from $4.59B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new PIPR positions and 44 closed out — a net gain of 35 holders — while 153 added to existing stakes and 120 trimmed.
The largest buyer was BlackRock, adding an estimated $50.2M. The largest seller was Fidelity Investments, cutting an estimated $38.6M.
- 421 institutional investors held Piper Sandler (PIPR) as of Q2 2026, up from 392 in Q1 2026.
- Funds reported $4.47B of Piper Sandler stock for Q2 2026, down 2.6% quarter-over-quarter.
- 79 funds opened new Piper Sandler positions in Q2 2026 and 44 closed out, a net change of +35 holders.
- The largest Piper Sandler buyer in Q2 2026 was BlackRock, an estimated $50.2M added.
- The largest Piper Sandler seller in Q2 2026 was Fidelity Investments, an estimated $38.6M sold.
Based on aggregated 13F filings for Q2 2026.