Piper Sandler CosPIPR
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 418 institutions reported holding Piper Sandler Cos (PIPR) in their 13F filings, up 37 from Q3 2025. 58 opened new positions and 30 sold out. The largest holders were BlackRock, Inc. ($870.2M), Vanguard Group Inc. ($723.0M) and Invesco Ltd. ($243.5M). 6 famous investors held it, including Ken Griffin (0.1% of Citadel Advisors's portfolio), Ken Fisher (0.0% of Fisher Asset Management's portfolio) and Ray Dalio (0.0% of Bridgewater Associates's portfolio).
- Company
- Piper Sandler Cos
- CUSIP
- 724078100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 58 | $104.3M |
| Exits | 30 | $45.6M |
All 13F filers, Q3 2025 → Q4 2025: 998,469 shares bought and 891,843 shares sold, net +106,626 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 418 holders
| BlackRock, Inc. | 0.01% | Add +2.3% | 2,561,480 | $870.2M |
| Vanguard Group Inc. | 0.01% | Add +0.8% | 2,128,150 | $723.0M |
| Invesco Ltd. | 0.02% | Add +0.3% | 716,829 | $243.5M |
| State Street Corp. | 0.01% | Reduce -0.1% | 683,921 | $232.3M |
| Geode Capital Management, LLC | 0.01% | Reduce -0.1% | 395,876 | $134.5M |
| FMR LLC | 0.01% | Reduce -35.0% | 352,411 | $119.7M |
| Dimensional Fund Advisors LP | 0.02% | Reduce -1.4% | 341,805 | $116.1M |
| Alliancebernstein L.P. | 0.03% | Add +3.8% | 319,241 | $108.4M |
| Citadel Advisors | 0.07% | Add +86.9% | 296,770 | $100.8M |
| GW&K Investment Management, LLC | 0.87% | Reduce -4.1% | 296,342 | $100.7M |
| JPMorgan Chase & Co. | 0.01% | Add +6.4% | 294,624 | $100.1M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -9.3% | 291,977 | $99.2M |
| Stephens Investment Management Group LLC | 1.23% | Reduce -0.1% | 279,037 | $94.8M |
| Westwood Holdings Group Inc. | 0.76% | Reduce -3.5% | 272,055 | $92.4M |
| Norges Bank | 0.01% | — | 233,255 | $79.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +0.0% | 209,807 | $71.3M |
| North Reef Capital Management LP | 2.80% | Add +35.1% | 204,900 | $69.6M |
| Morgan Stanley | 0.00% | Add +17.1% | 204,613 | $69.5M |
| American Century Companies Inc. | 0.03% | Reduce -18.8% | 201,369 | $68.4M |
| Systematic Financial Management LP | 1.50% | Reduce -1.1% | 187,275 | $63.6M |
| Northern Trust Corp. | 0.01% | Reduce -6.1% | 184,351 | $62.6M |
| Mairs & Power Inc. | 0.57% | Reduce -4.7% | 175,861 | $59.7M |
| Nuveen, LLC | 0.02% | Add +4.9% | 170,242 | $57.8M |
| Fisher Asset Management | 0.02% | Reduce -2.9% | 160,616 | $54.6M |
| Driehaus Capital Management LLC | 0.35% | Add +86.5% | 152,006 | $51.6M |
| Loomis Sayles & Co. L P | 0.06% | Reduce -4.5% | 145,277 | $49.4M |
| Bank of New York Mellon Corp | 0.01% | Reduce -7.2% | 143,679 | $48.8M |
| Voya Investment Management LLC | 0.05% | Reduce -17.0% | 132,153 | $44.9M |
| Lord, Abbett & Co. LLC | 0.14% | Reduce -25.1% | 131,766 | $44.8M |
| Franklin Resources Inc. | 0.01% | Reduce -40.2% | 120,125 | $40.8M |
| Fiera Capital Corp | 0.12% | Add +32.5% | 108,167 | $36.7M |
| Greenwich Wealth Management LLC | 1.58% | Reduce -0.0% | 104,200 | $35.4M |
| TimesSquare Capital Management, LLC | 0.48% | Add +13.3% | 93,893 | $31.9M |
| Kennedy Capital Management LLC | 0.66% | Add +11.8% | 92,339 | $31.4M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -4.5% | 86,753 | $29.5M |
| Emerald Advisers, LLC | 0.86% | New | 82,407 | $28.0M |
| Balyasny Asset Management L.P. | 0.05% | Reduce -25.7% | 82,052 | $27.9M |
| Wellington Management Group LLP | 0.00% | Reduce -26.1% | 81,786 | $27.8M |
| Principal Financial Group Inc. | 0.01% | Reduce -1.0% | 79,606 | $27.0M |
| Neuberger Berman Group LLC | 0.02% | Add +19.5% | 76,111 | $25.9M |
| Barclays PLC | 0.01% | Reduce -15.6% | 74,360 | $25.3M |
| Bank of America Corp. | 0.00% | Add +6.5% | 65,135 | $22.1M |
| Sei Investments Co. | 0.02% | Add +4.3% | 60,785 | $20.6M |
| Ameriprise Financial Inc. | 0.00% | Reduce -2.3% | 58,779 | $20.0M |
| Public Sector Pension Investment Board | 0.07% | Reduce -11.3% | 57,558 | $19.6M |
| Millennium Management | 0.01% | Add +99.4% | 56,052 | $19.0M |
| Axiom Investors LLC | 0.16% | Reduce -12.7% | 52,547 | $17.9M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.03% | New | 52,140 | $17.7M |
| Janus Henderson Group PLC | 0.01% | Reduce -24.8% | 51,697 | $17.6M |
| Emerald Mutual Fund Advisers Trust | 0.81% | New | 49,246 | $16.7M |
| Fred Alger Management, LLC | 0.06% | Reduce -7.2% | 48,672 | $16.5M |
| Nicholas Investment Partners, LP | 1.32% | Add +3.4% | 46,905 | $15.9M |
| Rhumbline Advisers | 0.01% | Reduce -3.7% | 46,895 | $15.9M |
| Legal & General Group Plc | 0.00% | Reduce -6.3% | 43,549 | $14.8M |
| Allspring Global Investments Holdings, LLC | 0.02% | Reduce -17.6% | 37,013 | $13.0M |
| Swiss National Bank | 0.01% | Add +1.4% | 34,880 | $11.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +0.8% | 32,779 | $11.1M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.02% | Add +35.1% | 32,533 | $11.1M |
| Castleark Management LLC | 0.32% | Add +16.6% | 32,456 | $11.0M |
| New York State Common Retirement Fund | 0.01% | Reduce -0.9% | 32,340 | $11.0M |
| Verition Fund Management LLC | 0.06% | Add +278.1% | 31,899 | $10.8M |
| Wells Fargo & Company | 0.00% | Add +43.0% | 31,213 | $10.6M |
| SG Americas Securities, LLC | 0.01% | Add +956.0% | 30,528 | $10.4M |
| UBS Group AG | 0.00% | Add +9.9% | 30,284 | $10.3M |
| Interval Partners, LP | 0.22% | Add +80.8% | 27,095 | $9.2M |
| State of Wisconsin Investment Board | 0.02% | Add +2.8% | 26,376 | $9.0M |
| Creative Planning | 0.01% | Add +26.6% | 26,375 | $9.0M |
| Prudential Financial Inc. | 0.01% | Add +6.9% | 24,745 | $8.4M |
| Qube Research & Technologies Ltd | 0.01% | New | 24,384 | $8.3M |
| New York State Teachers Retirement System | 0.02% | Reduce -0.4% | 24,020 | $8.2M |
| Raymond James Financial Inc. | 0.00% | Reduce -6.3% | 24,011 | $8.2M |
| Moody Aldrich Partners LLC | 1.47% | Reduce -4.6% | 23,190 | $7.9M |
| Cander Asset Management LP | 1.45% | — | 23,080 | $7.8M |
| Royal Bank of Canada | 0.00% | Add +1.3% | 22,887 | $7.8M |
| Teacher Retirement System of Texas | 0.03% | Add +7.7% | 22,541 | $7.7M |
| Cerity Partners LLC | 0.01% | Add +95.3% | 22,266 | $7.6M |
| King Luther Capital Management Corp. | 0.03% | Reduce -8.2% | 19,844 | $6.7M |
| Natixis Advisors, LLC | 0.01% | Reduce -18.7% | 17,110 | $5.8M |
| California State Teachers Retirement System | 0.01% | Add +0.9% | 16,842 | $5.7M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -12.1% | 16,644 | $5.7M |
| Orion Porfolio Solutions, LLC | 0.04% | Reduce -9.2% | 16,526 | $5.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +3.9% | 16,130 | $5.5M |
| Lisanti Capital Growth, LLC | 1.28% | Reduce -0.3% | 15,910 | $5.4M |
| Van Eck Associates Corp. | 0.00% | New | 15,252 | $5.2M |
| ExodusPoint Capital Management, LP | 0.06% | Reduce -48.9% | 15,191 | $5.2M |
| EFG International AG | 0.10% | — | 15,045 | $5.1M |
| New Age Alpha Advisors, LLC | 0.22% | Add +1783.0% | 14,763 | $5.0M |
| Deutsche Bank AG | 0.00% | Add +3.1% | 14,465 | $4.9M |
| Crawford Investment Counsel Inc. | 0.08% | Add +3.6% | 14,200 | $4.8M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -36.0% | 13,698 | $4.7M |
| Thrivent Financial for Lutherans | 0.01% | Add +13.8% | 13,651 | $4.6M |
| Legato Capital Management LLC | 0.36% | Add +43.5% | 12,483 | $4.2M |
| CI Investments Inc. | 0.02% | Add +36.1% | 12,195 | $4.1M |
| Bridgewater Associates | 0.01% | New | 12,063 | $4.1M |
| Wealth Enhancement Advisory Services, LLC | 0.01% | Reduce -8.9% | 10,877 | $4.0M |
| Trexquant Investment LP | 0.03% | New | 11,330 | $3.8M |
| State of Alaska, Department of Revenue | 0.04% | Add +24.1% | 11,229 | $3.8M |
| Cinctive Capital Management LP | 0.20% | Reduce -15.9% | 10,381 | $3.5M |
| Truist Financial Corp. | 0.00% | Reduce -58.3% | 10,137 | $3.4M |
| Oliver Luxxe Assets LLC | 0.51% | Reduce -0.0% | 9,913 | $3.4M |
| Victory Capital Management Inc. | 0.00% | Add +123.2% | 9,833 | $3.3M |
| Martingale Asset Management L P | 0.08% | Reduce -2.1% | 9,758 | $3.3M |
| LPL Financial LLC | 0.00% | Add +8.3% | 9,686 | $3.3M |
| Intech Investment Management LLC | 0.03% | Add +36.0% | 9,658 | $3.3M |
| MetLife Investment Management, LLC | 0.02% | Reduce -6.6% | 9,579 | $3.3M |
| MML Investors Services, LLC | 0.01% | Add +4.6% | 9,474 | $3.2M |
| James Investment Research, Inc. | 0.35% | Reduce -15.8% | 9,375 | $3.2M |
| NorthCrest Asset Manangement, LLC | 0.07% | Add +0.1% | 8,475 | $3.1M |
| Knights of Columbus Asset Advisors LLC | 0.17% | Reduce -2.9% | 8,688 | $3.0M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -3.3% | 8,654 | $2.9M |
| Schonfeld Strategic Advisors LLC | 0.01% | Add +174.7% | 8,388 | $2.8M |
| Stifel Financial Corp. | 0.00% | Reduce -0.3% | 8,350 | $2.8M |
| Illinois Municipal Retirement Fund | 0.04% | Reduce -3.0% | 8,267 | $2.8M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -0.2% | 8,115 | $2.8M |
| Public Employees Retirement System of Ohio | 0.01% | Add +0.4% | 8,108 | $2.8M |
| Lighthouse Investment Partners, LLC | 0.09% | Reduce -3.6% | 7,635 | $2.6M |
| Louisiana State Employees Retirement System | 0.04% | No change | 7,600 | $2.6M |
| Oppenheimer Asset Management Inc. | 0.03% | Reduce -5.3% | 7,501 | $2.5M |
| Harbor Capital Advisors, Inc. | 0.19% | Add +6.0% | 7,088 | $2.4M |
| AQR Capital Management | 0.00% | Add +0.8% | 7,027 | $2.4M |
| D. E. Shaw & Co. | 0.00% | New | 6,917 | $2.3M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +2.5% | 6,811 | $2.3M |
| US Bancorp \de | 0.00% | Reduce -1.3% | 6,633 | $2.3M |
| Virtu Financial LLC | 0.08% | Add +384.4% | 6,442 | $2.2M |
| Credit Agricole S A | 0.01% | No change | 6,401 | $2.2M |
| Lido Advisors, LLC | 0.01% | No change | 6,075 | $2.1M |
| Future Fund LLC | 0.64% | Add +43.2% | 5,941 | $2.0M |
| One Capital Management, LLC | 0.06% | Add +43.2% | 5,941 | $2.0M |
| First Trust Advisors LP | 0.00% | Reduce -15.3% | 5,731 | $1.9M |
| Aurdan Capital Management, LLC | 0.58% | No change | 5,528 | $1.9M |
| Annex Advisory Services, LLC | 0.04% | New | 5,461 | $1.9M |
| Baird Financial Group, Inc. | 0.00% | Add +697.5% | 5,192 | $1.8M |
| Cetera Investment Advisers | 0.00% | Reduce -5.7% | 5,125 | $1.7M |
| Level Four Advisory Services, LLC | 0.06% | Reduce -2.0% | 5,124 | $1.7M |
| Quantinno Capital Management LP | 0.00% | Add +24.1% | 5,092 | $1.7M |
| O'shaughnessy Asset Management, LLC | 0.01% | Reduce -2.1% | 5,058 | $1.7M |
| Susquehanna Fundamental Investments, LLC | 0.06% | New | 5,049 | $1.7M |
| Mariner, LLC | 0.00% | Reduce -46.4% | 5,013 | $1.7M |
| Arizona State Retirement System | 0.01% | Reduce -5.9% | 4,943 | $1.7M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 4,934 | $1.7M |
| Yousif Capital Management, LLC | 0.02% | Reduce -12.6% | 4,556 | $1.7M |
| Comerica Bank | 0.01% | Reduce -15.9% | 4,918 | $1.7M |
| Amalgamated Bank | 0.01% | Add +1.0% | 4,862 | $1.7M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Reduce -3.1% | 4,747 | $1.6M |
| Glenmede Trust Co. NA | 0.01% | — | 4,730 | $1.6M |
| Dorsey & Whitney Trust CO LLC | 0.08% | Reduce -43.2% | 4,717 | $1.6M |
| D.A. Davidson & Co. | 0.01% | Reduce -0.3% | 4,676 | $1.6M |
| Integrated Quantitative Investments LLC | 0.34% | Add +17.4% | 4,616 | $1.6M |
| STRS Ohio | 0.01% | No change | 4,500 | $1.5M |
| Captrust Financial Advisors | 0.00% | Add +0.1% | 4,376 | $1.5M |
| Citigroup Inc. | 0.00% | Reduce -36.9% | 4,320 | $1.5M |
| Osaic Holdings, Inc. | 0.00% | Reduce -0.9% | 4,318 | $1.5M |
| Handelsbanken Fonder AB | 0.00% | No change | 4,272 | $1.5M |
| BNP Paribas Financial Markets | 0.00% | Reduce -6.8% | 4,225 | $1.4M |
| Teachers Retirement System of the State of Kentucky | 0.01% | Add +1.9% | 4,204 | $1.4M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Reduce -2.7% | 4,119 | $1.4M |
| Oregon Public Employees Retirement Fund | 0.02% | Add +1.2% | 3,801 | $1.3M |
| KLP Kapitalforvaltning As | 0.01% | Add +2.2% | 3,780 | $1.3M |
| State of Tennessee, Department of Treasury | 0.00% | Reduce -24.6% | 3,702 | $1.3M |
| Man Group plc | 0.00% | Add +19.4% | 3,711 | $1.3M |
| Vestmark Advisory Solutions, Inc. | 0.02% | New | 3,688 | $1.3M |
| Twinbeech Capital LP | 0.09% | New | 3,600 | $1.2M |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +5.0% | 3,523 | $1.2M |
| Picton Mahoney Asset Management | 0.01% | New | 3,514 | $1.2M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,488 | $1.2M |
| Sit Investment Associates Inc. | 0.02% | No change | 3,425 | $1.2M |
| Calamos Advisors LLC | 0.01% | Reduce -44.6% | 3,404 | $1.2M |
| ProShare Advisors LLC | 0.00% | Add +3.4% | 3,393 | $1.2M |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -1.7% | 3,326 | $1.1M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -32.8% | 3,323 | $1.1M |
| Fox Run Management, L.L.C. | 0.17% | New | 3,305 | $1.1M |
| HSBC Holdings PLC | 0.00% | Reduce -72.5% | 3,071 | $1.0M |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -0.5% | 3,019 | $1.0M |
| Cookson Peirce & Co. Inc. | 0.04% | New | 2,868 | $974K |
| Pictet Asset Management Holding SA | 0.00% | Add +9.4% | 2,828 | $961K |
| Vise Technologies, Inc. | 0.02% | Add +37.8% | 2,743 | $932K |
| Quadrant Capital Group LLC | 0.03% | Reduce -0.9% | 2,712 | $921K |
| Numerai GP LLC | 0.11% | New | 2,661 | $904K |
| Benjamin Edwards Inc. | 0.01% | Add +8.9% | 2,650 | $901K |
| Assetmark, Inc. | 0.00% | Reduce -4.8% | 2,643 | $898K |
| Amundi | 0.00% | Reduce -9.7% | 2,629 | $893K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +1.7% | 2,616 | $889K |
| Cresset Asset Management, LLC | 0.00% | Add +42.0% | 2,610 | $887K |
| Campbell & CO Investment Adviser LLC | 0.04% | New | 2,531 | $860K |
| Farther Finance Advisors, LLC | 0.01% | Add +14.0% | 2,522 | $857K |
| First Citizens Bank & Trust Co. | 0.02% | Reduce -1.6% | 2,516 | $855K |
| Robertson Stephens Wealth Management, LLC | 0.02% | New | 2,464 | $837K |
| Maryland State Retirement & Pension System | 0.02% | Add +2.3% | 2,450 | $832K |
| Mercer Global Advisors Inc. | 0.00% | Add +772.3% | 14,837 | $793K |
| Commonwealth Equity Services, LLC | 0.00% | Add +3.9% | 2,171 | $738K |
| Tidal Investments LLC | 0.00% | Add +2.4% | 2,168 | $736K |
| Bayban | 0.62% | — | 2,081 | $707K |
| Pathstone Holdings, LLC | 0.00% | Add +1.9% | 2,058 | $699K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 2,046 | $695K |
| Morse Asset Management, Inc | 0.14% | No change | 2,040 | $693K |
| Evergreen Capital Management LLC | 0.02% | Reduce -6.1% | 2,032 | $690K |
| OneDigital Investment Advisors LLC | 0.01% | Reduce -9.4% | 2,003 | $681K |
| Coldstream Capital Management Inc. | 0.01% | Add +1.0% | 1,965 | $667K |
| Truepoint, Inc. | 0.01% | No change | 1,944 | $660K |
| Janney Montgomery Scott LLC | 0.00% | New | 1,940 | $659K |
| Praxis Investment Management Inc. | 0.04% | No change | 1,920 | $652K |
| Mutual of America Capital Management LLC | 0.01% | Add +2.1% | 1,901 | $646K |
| Wallace Capital Management Inc. | 0.08% | No change | 1,900 | $645K |
| Vident Advisory, LLC | 0.01% | Reduce -18.7% | 1,800 | $612K |
| HighTower Advisors, LLC | 0.00% | Reduce -37.0% | 1,767 | $600K |
| Bank of Montreal | 0.00% | Reduce -1.5% | 1,730 | $588K |
| Regions Financial Corp. | 0.00% | Add +2.9% | 1,720 | $584K |
| Acadian Asset Management LLC | 0.00% | Add +783.8% | 1,688 | $573K |
| Schulhoff & Co. Inc. | 0.23% | Reduce -0.6% | 1,608 | $546K |
| Abacus Wealth Partners, LLC | 0.05% | New | 1,556 | $529K |
| Destination Wealth Management | 0.01% | No change | 1,502 | $510K |
| Obermeyer Wealth Partners | 0.02% | No change | 1,469 | $499K |
| Ameritas Investment Partners, Inc. | 0.01% | Reduce -0.8% | 1,450 | $493K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Add +29.7% | 1,411 | $479K |
| Heritage Wealth Management, Inc. | 0.13% | Add +13.5% | 1,386 | $471K |
| Xponance LLC | 0.00% | Add +0.3% | 1,382 | $469K |
| M&T Bank Corp | 0.00% | Add +93.7% | 1,377 | $467K |
| Parcion Private Wealth LLC | 0.03% | Add +0.5% | 1,372 | $466K |
| Banque Pictet & Cie SA | 0.00% | Reduce -19.0% | 1,357 | $461K |
| Profund Advisors LLC | 0.01% | Add +69.6% | 1,350 | $459K |
| Tarbox Family Office, Inc. | 0.07% | Reduce -1.8% | 1,329 | $451K |
| Farmers & Merchants Investments Inc. | 0.01% | Reduce -7.1% | 1,310 | $445K |
| Ethic Inc. | 0.01% | Reduce -0.3% | 1,270 | $432K |
| HighPoint Advisor Group LLC | 0.01% | Reduce -3.0% | 1,246 | $423K |
| Panagora Asset Management Inc. | 0.00% | No change | 1,243 | $422K |
| Fiduciary Trust Co | 0.00% | Reduce -0.2% | 1,242 | $422K |
| Corient Private Wealth LP | 0.00% | Add +16.7% | 1,202 | $408K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -66.0% | 1,183 | $402K |
| Abel Hall, LLC | 0.09% | New | 1,168 | $397K |
| Voleon Capital Management LP | 0.01% | Reduce -49.3% | 1,167 | $396K |
| Cibc World Markets Corp. | 0.00% | — | 1,158 | $393K |
| Voloridge Investment Management, LLC | 0.00% | New | 1,157 | $393K |
| Atria Investments, Inc | 0.00% | Add +52.5% | 1,142 | $388K |
| Dynamic Technology Lab Private Ltd | 0.09% | New | 1,136 | $386K |
| Personal Cfo Solutions, LLC | 0.06% | Add +22.1% | 1,131 | $384K |
| Choreo, LLC | 0.00% | Reduce -1.3% | 1,110 | $381K |
| Mackenzie Financial Corp. | 0.00% | Add +0.8% | 1,096 | $375K |
| CIBC Asset Management Inc | 0.00% | New | 1,071 | $364K |
| Yorktown Management & Research Co Inc | 0.29% | No change | 1,060 | $360K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +29.7% | 1,052 | $357K |
| Principal Securities, Inc. | 0.01% | Add +0.1% | 1,052 | $357K |
| Jane Street Group, LLC | 0.00% | Reduce -55.3% | 1,016 | $345K |
| Aquatic Capital Management LLC | 0.01% | New | 1,005 | $341K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -5.7% | 1,004 | $341K |
| Hopwood Nicholas Hunter | 0.11% | — | 1,000 | $340K |
| HB Wealth Management, LLC | 0.00% | Add +13.2% | 954 | $324K |
| Caxton Associates LLP | 0.01% | No change | 935 | $318K |
| DGS Capital Management, LLC | 0.05% | New | 921 | $313K |
| Commerce Bank | 0.00% | Reduce -0.4% | 904 | $307K |
| Modus Advisors, LLC | 0.08% | Reduce -25.0% | 898 | $305K |
| Spirepoint Private Client, LLC | 0.03% | Add +4.3% | 898 | $305K |
| Crossmark Global Holdings, Inc. | 0.00% | Add +40.5% | 881 | $299K |
| Smartleaf Asset Management LLC | 0.01% | Add +20.7% | 870 | $298K |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 0.01% | Reduce -79.8% | 867 | $295K |
| Arkadios Wealth Advisors | 0.01% | New | 817 | $277K |
| Canandaigua National Bank & Trust Co. | 0.02% | Reduce -4.1% | 798 | $271K |
| QRG Capital Management, Inc. | 0.00% | Add +37.0% | 793 | $269K |
| Swiss Life Asset Management Ltd | 0.00% | No change | 792 | $269K |
| JMN Financial LLC | 0.27% | — | 791 | $269K |
| Bessemer Group Inc. | 0.00% | Add +3.2% | 772 | $263K |
| ZWJ Investment Counsel Inc. | 0.01% | Reduce -0.4% | 762 | $259K |
| Concurrent Investment Advisors, LLC | 0.00% | Add +9.9% | 756 | $257K |
| Cary Street Partners Financial LLC | 0.01% | New | 753 | $256K |
| Journey Strategic Wealth LLC | 0.01% | No change | 741 | $252K |
| Snowden Capital Advisors LLC | 0.01% | Reduce -5.8% | 737 | $250K |
| Focus Partners Wealth | 0.00% | New | 733 | $249K |
| Two Sigma Investments, LP | 0.00% | New | 720 | $245K |
| Round Rock Advisors LLC | 0.04% | New | 711 | $242K |
| Investors Research Corp | 0.04% | No change | 700 | $238K |
| Forum Financial Management, LP | 0.00% | No change | 661 | $225K |
| Blair William & Co. | 0.00% | No change | 657 | $223K |
| Scientech Research LLC | 0.14% | New | 656 | $223K |
| Farringdon Capital, Ltd. | 0.05% | New | 653 | $222K |
| &partners | 0.00% | New | 631 | $217K |
| Fifth Third Bancorp | 0.00% | Add +0.8% | 625 | $212K |
| BOS Asset Management, LLC | 0.06% | No change | 621 | $211K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -20.7% | 619 | $210K |
| Sanctuary Advisors, LLC | 0.00% | New | 615 | $209K |
| Susquehanna International Group, LLP | 0.00% | Reduce -68.6% | 609 | $207K |
| Blue Owl Capital Holdings LP | 0.06% | No change | 607 | $206K |
| Sage Rhino Capital LLC | 0.04% | Reduce -1.8% | 599 | $203K |
| Sowell Financial Services LLC | 0.01% | Reduce -3.7% | 599 | $203K |
| XTX Topco Ltd | 0.01% | New | 592 | $201K |
| KBC Group NV | 0.00% | No change | 528 | $179K |
| SouthState Bank Corp | 0.01% | No change | 515 | $175K |
| GAMMA Investing LLC | 0.01% | Add +17.8% | 510 | $173K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -67.4% | 480 | $163K |
| Cwm, LLC | 0.00% | Add +17.9% | 462 | $157K |
| Pinnacle Wealth Planning Services, Inc. | 0.02% | New | 449 | $153K |
| Wellington-Altus USA Inc. | 0.11% | — | 444 | $151K |
| Signaturefd, LLC | 0.00% | Add +22.4% | 442 | $150K |
| Harbour Investments, Inc. | 0.00% | Add +0.2% | 420 | $143K |
| Ramirez Asset Management, Inc. | 0.02% | No change | 400 | $136K |
| Avalon Trust Co | 0.01% | No change | 375 | $127K |
| Rockefeller Capital Management L.P. | 0.00% | Add +71.3% | 346 | $118K |
| Allworth Financial LP | 0.00% | Add +21.0% | 317 | $108K |
| IFP Advisors, Inc | 0.00% | No change | 305 | $104K |
| Blue Trust, Inc. | 0.00% | Reduce -4.1% | 281 | $95K |
| Hantz Financial Services, Inc. | 0.00% | Reduce -93.1% | 274 | $93K |
| Parallel Advisors, LLC | 0.00% | Add +54.3% | 270 | $92K |
| Versant Capital Management, Inc | 0.01% | Add +8.7% | 262 | $89K |
| Harvest Fund Management Co., Ltd | 0.00% | No change | 228 | $77K |
| Jones Financial Companies LLLP | 0.00% | Add +47.0% | 222 | $75K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -99.4% | 221 | $75K |
| Torren Management, LLC | 0.04% | — | 208 | $71K |
| Horizon Investments, LLC | 0.00% | New | 206 | $70K |
| Exchange Traded Concepts, LLC | 0.00% | New | 206 | $70K |
| Missouri Trust & Investment Co | 0.02% | No change | 203 | $69K |
| Palladiem, LLC | 0.07% | — | 200 | $69K |
| DHJJ Financial Advisors, Ltd. | 0.02% | No change | 195 | $66K |
| Advisors Asset Management, Inc. | 0.00% | Add +97.9% | 188 | $64K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 186 | $63K |
| Greenline Wealth Management LLC | 0.06% | — | 175 | $60K |
| Caitong International Asset Management Co., Ltd | 0.01% | Add +544.4% | 174 | $59K |
| Global Retirement Partners, LLC | 0.00% | Add +4175.0% | 171 | $58K |
| Kemnay Advisory Services Inc. | 0.01% | New | 167 | $57K |
| Steward Partners Investment Advisory, LLC | 0.00% | Add +5.2% | 161 | $55K |
| Geneos Wealth Management Inc. | 0.00% | No change | 159 | $54K |
| Arax Advisory Partners | 0.00% | Reduce -28.3% | 152 | $52K |
| Wealth Preservation Advisors, LLC | 0.03% | No change | 151 | $51K |
| Covestor Ltd | 0.03% | Reduce -13.5% | 141 | $48K |
| Salomon & Ludwin, LLC | 0.00% | Add +8.6% | 127 | $46K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 125 | $44K |
| Parkside Financial Bank & Trust | 0.00% | Add +7.0% | 122 | $41K |
| CENTRAL TRUST Co | 0.00% | No change | 122 | $41K |
| Sterling Capital Management LLC | 0.00% | Add +165.1% | 114 | $39K |
| AdvisorNet Financial, Inc | 0.00% | No change | 109 | $37K |
| Private Wealth Asset Management, LLC | 0.00% | No change | 105 | $36K |
| Federated Hermes, Inc. | 0.00% | Add +73.3% | 104 | $35K |
| Financial Perspectives, Inc | 0.01% | No change | 103 | $35K |
| Danske Bank A/S | 0.00% | No change | 100 | $34K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 100 | $34K |
| Whittier Trust Co. | 0.00% | No change | 92 | $34K |
| UMB Bank, n.a. | 0.00% | Add +55.2% | 90 | $31K |
| NewEdge Advisors, LLC | 0.00% | Reduce -10.9% | 90 | $31K |
| Los Angeles Capital Management LLC | 0.00% | New | 85 | $28K |
| MJT & Associates Financial Advisory Group, Inc. | 0.02% | No change | 80 | $27K |
| Bogart Wealth, LLC | 0.00% | No change | 80 | $27K |
| Aster Capital Management (DIFC) Ltd | 0.01% | Add +1440.0% | 77 | $26K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +1.3% | 77 | $26K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +89.7% | 74 | $25K |
| MAI Capital Management | 0.00% | Add +100.0% | 68 | $23K |
| Transamerica Financial Advisors, LLC | 0.00% | Add +12.1% | 65 | $22K |
| Spire Wealth Management | 0.00% | No change | 59 | $20K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | No change | 58 | $20K |
| University of Texas/Texas Am Investment Management Co. | 0.00% | New | 50 | $17K |
| Eastern Bank | 0.00% | Reduce -72.7% | 50 | $17K |
| Larson Financial Group LLC | 0.00% | Add +13.2% | 43 | $15K |
| Root Financial Partners, LLC | 0.00% | Add +7.9% | 41 | $14K |
| SageView Advisory Group, LLC | 0.00% | New | 41 | $14K |
| WPG Advisers, LLC | 0.01% | No change | 39 | $13K |
| Birchwood Financial Partners, Inc. | 0.01% | — | 37 | $13K |
| GHP Investment Advisors, Inc. | 0.00% | No change | 37 | $13K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +1100.0% | 36 | $12K |
| HighMark Wealth Management LLC | 0.00% | No change | 35 | $12K |
| Bare Financial Services, Inc | 0.00% | Add +6.9% | 31 | $11K |
| International Assets Investment Management, LLC | 0.00% | New | 31 | $11K |
| Sound Income Strategies, LLC | 0.00% | New | 27 | $10K |
| Rothschild Investment LLC | 0.00% | Add +8.0% | 27 | $9K |
| Optiver Holding B.V. | 0.00% | Reduce -64.9% | 26 | $9K |
| NCP Inc. | 0.01% | New | 25 | $8K |
| Nvest Wealth Strategies, Inc. | 0.01% | — | 25 | $8K |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 25 | $8K |
| Cary Street Partners Investment Advisory LLC | 0.00% | New | 25 | $8K |
| Vermillion Wealth Management, Inc. | 0.00% | Add +228.6% | 23 | $8K |
| First Pacific Financial | 0.00% | New | 23 | $8K |
| Bell Investment Advisors, Inc | 0.00% | No change | 22 | $7K |
| JFS Wealth Advisors, LLC | 0.00% | Add +22.2% | 22 | $7K |
| Clearstead Advisors, LLC | 0.00% | No change | 22 | $7K |
| Prestige Wealth Management Group LLC | 0.00% | No change | 19 | $6K |
| Quarry LP | 0.00% | New | 18 | $6K |
| Basepoint Wealth LLC | 0.00% | New | 17 | $6K |
| Private Wealth Management Group, LLC | 0.00% | No change | 17 | $6K |
| Vermillion & White Wealth Management Group, LLC | 0.00% | No change | 15 | $5K |
| Albion Financial Group | 0.00% | No change | 12 | $4K |
| Altshuler Shaham Ltd | 0.00% | Reduce -7.7% | 12 | $4K |
| Optima Capital LLC | 0.00% | New | 11 | $4K |
| WealthCollab, LLC | 0.00% | No change | 11 | $4K |
| Creative Financial Designs Inc. | 0.00% | No change | 11 | $4K |
| Signature Equity Partners, LLC | 0.00% | — | 10 | $4K |
| Laurel Wealth Advisors LLC | 0.00% | New | 10 | $3K |
| Dakota Community Bank & Trust NA | 0.01% | No change | 10 | $3K |
| Elyxium Wealth, LLC | 0.00% | New | 10 | $3K |
| Cedar Mountain Advisors, LLC | 0.00% | No change | 9 | $3K |
| Provenance Wealth Advisors, LLC | 0.00% | No change | 9 | $3K |
| Fortitude Family Office, LLC | 0.00% | Reduce -11.1% | 8 | $3K |
| North Star Investment Management Corp. | 0.00% | New | 8 | $3K |
| Johnson Financial Group, Inc. | 0.00% | No change | 8 | $3K |
| CoreCap Advisors, LLC | 0.00% | New | 8 | $3K |
| Glen Eagle Advisors, LLC | 0.00% | No change | 7 | $2K |
| Twin Tree Management, LP | 0.00% | Reduce -41.7% | 7 | $2K |
| Cullen/Frost Bankers, Inc. | 0.00% | No change | 6 | $2K |
| HM Payson & Co. | 0.00% | No change | 6 | $2K |
| Ankerstar Wealth, LLC | 0.00% | — | 6 | $2K |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 6 | $2K |
| Motiv8 Investments LLC | 0.00% | New | 6 | $2K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | Reduce -16.7% | 5 | $2K |
| Cape Investment Advisory, Inc. | 0.00% | No change | 5 | $2K |
| CVA Family Office, LLC | 0.00% | No change | 5 | $2K |
| Basecamp Wealth Advisors LLC | 0.00% | — | 4 | $1K |
| Trust Co. of Vermont | 0.00% | No change | 4 | $1K |
| True Wealth Design, LLC | 0.00% | No change | 3 | $1K |
| Rialto Wealth Management, LLC | 0.00% | No change | 3 | $1K |
| Physician Wealth Advisors, Inc. | 0.00% | No change | 3 | $1K |
| Park Place Capital Corp | 0.00% | No change | 3 | $1K |
| Huntington National Bank | 0.00% | Reduce -57.1% | 3 | $1K |
| SBI Securities Co., Ltd. | 0.00% | No change | 3 | $1K |
| HFM Investment Advisors, LLC | 0.00% | No change | 2 | $680 |
| SJS Investment Consulting Inc. | 0.00% | No change | 2 | $680 |
| Turning Point Benefit Group, Inc. | 0.00% | No change | 2 | $679 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +100.0% | 2 | $679 |
| Zions Bancorporation, National Association | 0.00% | New | 2 | $679 |
| Abound Wealth Management | 0.00% | Add +100.0% | 2 | $643 |
| PEAK6 LLC | 0.00% | No change | 2 | $517 |
| Gilpin Wealth Management, LLC | 0.00% | — | 1 | $340 |
| TD Capital Management LLC | 0.00% | New | 1 | $340 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $340 |
| Avion Wealth | 0.00% | No change | 1 | $0 |
"% of holder's portfolio" is PIPR's weight in each manager's 13F, not the share of Piper Sandler Cos the manager owns.