Vault-13

PIPER SANDLER COMPANIES PJC

COM · Common Stock · CUSIP 724078100

245 institutional holders +3 vs Q3 2022
11,711,71011.7m shares reported held*
$1.5bnreported value*
28 new 78 added 72 reduced 24 sold out net bought ≈ $3.7m (+28.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($670.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $130.31. Options: 6 managers hold calls ($5.7m notional), 6 hold puts ($8.2m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 242Q4 22: 245245Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022242
Q4 2022245

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $3.3mQ3 22 puts: $1.3mQ3 22P/C 0.39Q4 22 calls: $5.7mQ4 22 puts: $8.2mQ4 22P/C 1.44
Numbers
QuarterCallsPutsP/C
Q3 2022$3.3m$1.3m0.39
Q4 2022$5.7m$8.2m1.44

Biggest buyers

LORD, ABBETT & CO. LLC Added +209,713+209.7k
Balyasny Asset Management L.P. New +99,404+99.4k
VANGUARD GROUP INC Added +51,331+51.3k
MILLENNIUM MANAGEMENT LLC Added +25,768+25.8k
JPMORGAN CHASE & CO Added +24,604+24.6k
GEODE CAPITAL MANAGEMENT, LLC Added +17,133+17.1k
Bank of New York Mellon Corp Added +16,864+16.9k
AMERICAN CENTURY COMPANIES INC Added +14,925+14.9k
OCCUDO QUANTITATIVE STRATEGIES LP New +12,354+12.4k
BANK OF AMERICA CORP /DE/ Added +9,550+9.6k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -98,122-98.1k
WESTWOOD HOLDINGS GROUP INC Reduced -53,444-53.4k
Nuveen Asset Management, LLC Reduced -48,006-48.0k
Invesco Ltd. Reduced -31,868-31.9k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -21,500-21.5k
FEDERATED HERMES, INC. Reduced -20,467-20.5k
CITADEL ADVISORS LLC Reduced -19,818-19.8k
BlackRock Inc. Reduced -18,956-19.0k
PRUDENTIAL FINANCIAL INC Reduced -16,796-16.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -16,100-16.1k

Biggest calls

PEAK6 Investments LLC New $2.0m15.0k shares
GROUP ONE TRADING LLC New $1.4m11.0k shares
CITADEL ADVISORS LLC Reduced $911.3k7.0k shares
D. E. Shaw & Co., Inc. Reduced $833.2k6.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $572.8k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Balyasny Asset Management L.P. New $6.7m51.5k shares
CITADEL ADVISORS LLC Added $807.2k6.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $442.6k3.4k shares
PEAK6 Investments LLC New $247.4k1.9k shares
SIMPLEX TRADING, LLC New $13.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 2,543,8862.5m $331.2m $331.2m 0.01% Reduced -19.0k -18,956
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 1,831,0001.8m $238.4m $238.4m 0.01% Added +51.3k +51,331
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 556,564556.6k $72.5m $72.5m 0.00% Reduced -550 -550
4 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 481,415481.4k $62.7m $62.7m 0.02% Added +2.7k +2,661
5 WESTWOOD HOLDINGS GROUP INC 0.50% of their portfolio DALLAS, TX 434,915434.9k $56.6m $56.6m 0.50% Reduced -53.4k -53,444
6 GW&K Investment Management, LLC 0.57% of their portfolio BOSTON, MA 431,269431.3k $56.1m $56.1m 0.57% Reduced -10.0k -9,973
7 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 391,522391.5k $51.0m $51.0m 0.09% Added +209.7k +209,713
8 Stephens Investment Management Group LLC 0.92% of their portfolio LITTLE ROCK, AR 380,164380.2k $50.7m $50.7m 0.92% Added +140 +140
9 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 319,537319.5k $41.6m $41.6m 0.02% Reduced -48.0k -48,006
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 289,042289.0k $37.6m $37.6m 0.01% Added +17.1k +17,133
11 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 278,125278.1k $36.2m $36.2m 0.03% Added +1.1k +1,103
12 SYSTEMATIC FINANCIAL MANAGEMENT LP 1.08% of their portfolio TEANECK, NJ 252,149252.1k $32.8m $32.8m 1.08% Added +3.0k +2,996
13 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 222,095222.1k $28.9m $28.9m 0.01% Reduced -31.9k -31,868
14 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 215,769215.8k $28.1m $28.1m 0.01% Reduced -10.7k -10,662
15 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 191,858191.9k $25.0m $25.0m 0.01% Added +16.9k +16,864
16 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 187,624187.6k $24.4m $24.4m 0.02% Reduced -98.1k -98,122
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 179,026179.0k $23.3m $23.3m 0.00% Added +4.4k +4,359
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 156,964157.0k $20.4m $20.4m 0.01% Added +3.5k +3,516
19 NORGES BANK 0.00% of their portfolio OSLO, Q8 143,509143.5k $18.7m $18.7m 0.00% Unchanged
20 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 136,462136.5k $17.8m $17.8m 0.01% Reduced -2.6k -2,592
21 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 124,568124.6k $16.2m $16.2m 0.01% Added +14.9k +14,925
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 103,711103.7k $13.5m $13.5m 0.00% Added +3.5k +3,541
23 KENNEDY CAPITAL MANAGEMENT LLC 0.38% of their portfolio ST LOUIS, MO 103,293103.3k $13.4m $13.4m 0.38% Reduced -2.7k -2,688
24 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 100,195100.2k $13.0m $13.0m 0.02% Reduced -16.1k -16,100
25 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 99,40499.4k $12.9m $12.9m 0.05% New
26 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 71,98372.0k $9.4m $9.4m 0.02% Added +169 +169
27 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 60,63060.6k $8.0m $8.0m 0.01% Reduced -4.0k -4,026
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 56,16456.2k $7.3m $7.3m 0.00% Reduced -859 -859
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 52,44652.4k $6.8m $6.8m 0.00% Added +24.6k +24,604
30 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 49,05749.1k $6.4m $6.4m 0.01% Added +1.3k +1,263
31 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 44,19744.2k $5.8m $5.8m 0.01% Added +25.8k +25,768
32 Legal & General Group Plc 0.00% of their portfolio London, X0 43,82843.8k $5.7m $5.7m 0.00% Added +1.6k +1,581
33 Swiss National Bank 0.00% of their portfolio ZURICH, V8 42,20042.2k $5.5m $5.5m 0.00% Unchanged
34 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 42,15142.2k $5.5m $5.5m 0.01% Reduced -16.8k -16,796
35 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 40,36140.4k $5.3m $5.3m 0.00% Added +108 +108
36 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 36,73936.7k $4.8m $4.8m 0.01% Added +782 +782
37 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio HOUSTON, TX 35,80035.8k $4.7m $4.7m 0.12% Reduced -21.5k -21,500
38 Brandywine Global Investment Management, LLC 0.03% of their portfolio PHILADELPHIA, PA 33,86033.9k $4.4m $4.4m 0.03% Reduced -992 -992
39 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 33,23933.2k $4.3m $4.3m 0.01% Reduced -1.6k -1,600
40 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 32,27332.3k $4.2m $4.2m 0.01% Reduced -1.1k -1,146
41 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 27,77927.8k $3.6m $3.6m 0.00% Reduced -468 -468
42 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 26,63426.6k $3.5m $3.5m 0.01% Added +185 +185
43 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 26,31126.3k $3.4m $3.4m 0.00% Added +9.6k +9,550
44 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 26,27726.3k $3.4m $3.4m 0.01% Reduced -3.6k -3,649
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 25,72525.7k $3.3m $3.3m 0.00% Added +874 +874
46 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 25,71025.7k $3.3m $3.3m 0.03% Added +581 +581
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,94823.9k $3.1m $3.1m 0.00% Added +1.1k +1,064
48 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 23,63923.6k $3.1m $3.1m 0.06% Added +329 +329
49 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 22,11222.1k $2.9m $2.9m 0.00% Added +75 +75
50 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 21,01221.0k $2.7m $2.7m 0.00% Unchanged
51 Greenwich Wealth Management LLC 0.29% of their portfolio GREENWICH, CT 20,59020.6k $2.7m $2.7m 0.29% Added +458 +458
52 Knights of Columbus Asset Advisors LLC 0.23% of their portfolio NEW HAVEN, CT 16,80016.8k $2.2m $2.2m 0.23% Reduced -191 -191
53 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 16,37116.4k $2.1m $2.1m 0.01% Added +1.3k +1,312
54 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 15,83615.8k $2.1m $2.1m 0.01% Reduced -2.9k -2,945
55 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 15,12415.1k $2.0m $2.0m 0.02% Added +2.6k +2,633
56 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 14,62414.6k $1.9m $1.9m 0.00% Reduced -659 -659
57 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 14,53514.5k $1.9m $1.9m 0.00% Reduced -3.4k -3,397
58 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 14,49614.5k $1.9m $1.9m 0.00% Added +325 +325
59 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 12,84612.8k $1.7m $1.7m 0.00% Reduced -4.7k -4,736
60 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 12,45012.4k $1.6m $1.6m 0.01% Added +1.2k +1,187
61 OCCUDO QUANTITATIVE STRATEGIES LP 0.19% of their portfolio FORT LAUDERDALE, FL 12,35412.4k $1.6m $1.6m 0.19% New
62 VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio RICHMOND, VA 11,70011.7k $1.5m $1.5m 0.02% Reduced -1.7k -1,700
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 11,39011.4k $1.5m $1.5m 0.00% First filing
64 JAMES INVESTMENT RESEARCH, INC. 0.20% of their portfolio ALPHA, OH 11,20611.2k $1.5m $1.5m 0.20% Unchanged
65 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 10,90010.9k $1.4m $1.4m 0.01% Added +7.5k +7,500
66 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 9,8409.8k $1.3m $1.3m 0.02% Added +348 +348
67 COMERICA BANK 0.01% of their portfolio DALLAS, TX 9,7309.7k $1.4m $1.4m 0.01% Reduced -2.4k -2,441
68 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 9,6569.7k $1.3m $1.3m 0.00% Added +1.9k +1,903
69 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 9,5019.5k $1.2m $1.2m 0.02% Reduced -363 -363
70 YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 9,4659.5k $1.2m $1.2m 0.02% Reduced -2.6k -2,580
71 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,3729.4k $1.2m $1.2m 0.00% Added +961 +961
72 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 9,3049.3k $1.2m $1.2m 0.01% Unchanged
73 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 9,2199.2k $1.2m $1.2m 0.01% Added +148 +148
74 NorthCrest Asset Manangement, LLC 0.07% of their portfolio PLYMOUTH, MN 9,2009.2k $1.2m $1.2m 0.07% Added +100 +100
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,8788.9k $1.2m $1.2m 0.00% Added +370 +370
76 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 8,8238.8k $1.1m $1.1m 0.00% Reduced -15.1k -15,083
77 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,7418.7k $1.1m $1.1m 0.00% Added +1.2k +1,183
78 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 8,5168.5k $1.1m $1.1m 0.01% Added +3.5k +3,465
79 Ziegler Capital Management, LLC 0.04% of their portfolio CHICAGO, IL 8,1218.1k $1.1m $1.1m 0.04% Reduced -2.6k -2,554
80 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 7,7257.7k $1.0m $1.0m 0.02% Reduced -5 -5
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,4727.5k $972.8k $972.8k 0.00% Added +5.6k +5,635
82 Vestcor Inc 0.04% of their portfolio FREDERICTON, A3 7,4667.5k $972.0k $972.0k 0.04% Unchanged
83 MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio BOSTON, MA 7,3277.3k $953.9k $953.9k 0.02% Reduced -5.9k -5,933
84 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 7,3077.3k $951.3k $951.3k 0.01% Reduced -1.5k -1,455
85 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 6,9597.0k $906.0k $906.0k 0.01% Added +1.7k +1,694
86 AMALGAMATED BANK 0.01% of their portfolio NEW YORK, NY 6,8476.8k $891.0k $891.0k 0.01% Added +193 +193
87 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 6,8476.8k $891.4k $891.4k 0.00% Reduced -17 -17
88 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 6,7616.8k $880.0k $880.0k 0.01% Unchanged
89 Louisiana State Employees Retirement System 0.02% of their portfolio BATON ROUGE, LA 6,7006.7k $872.0k $872.0k 0.02% Added +100 +100
90 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 6,6926.7k $871.2k $871.2k 0.00% Reduced -5.7k -5,714
91 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,3746.4k $829.8k $829.8k 0.00% Reduced -4.1k -4,136
92 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 6,3206.3k $823.0k $823.0k 0.01% Added +3.7k +3,748
93 ROYCE & ASSOCIATES LP 0.01% of their portfolio New York, NY 6,1726.2k $803.5k $803.5k 0.01% Reduced -1.5k -1,465
94 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 6,0586.1k $789.0k $789.0k 0.00% Added +311 +311
95 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 6,0196.0k $783.6k $783.6k 0.02% Added +200 +200
96 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 5,8585.9k $762.7k $762.7k 0.00% Reduced -1.4k -1,400
97 Maryland State Retirement & Pension System 0.02% of their portfolio BALTIMORE, MD 5,8175.8k $757.3k $757.3k 0.02% New
98 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,7985.8k $754.8k $754.8k 0.00% Reduced -726 -726
99 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 5,4825.5k $714.0k $714.0k 0.00% Unchanged
100 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 5,4785.5k $713.2k $713.2k 0.00% Reduced -13.2k -13,178