PIPER SANDLER COMPANIES PJC
COM · Common Stock · CUSIP 724078100
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $72.34.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 242 |
| Q4 2022 | 245 |
| Q1 2023 | 249 |
| Q2 2023 | 235 |
| Q3 2023 | 241 |
| Q4 2023 | 259 |
| Q1 2024 | 285 |
| Q2 2024 | 312 |
| Q3 2024 | 336 |
| Q4 2024 | 350 |
| Q1 2025 | 359 |
| Q2 2025 | 357 |
| Q3 2025 | 381 |
| Q4 2025 | 417 |
| Q1 2026 | 18 |
| Q2 2026 | 6 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 164 | 119 |
| Q4 2024 | 164 | 138 |
| Q1 2025 | 184 | 142 |
| Q2 2025 | 171 | 164 |
| Q3 2025 | 202 | 127 |
| Q4 2025 | 190 | 157 |
| Q1 2026 | 5 | 399 |
| Q2 2026 | 1 | 15 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $17.0m | $6.1m | 0.36 |
| Q4 2025 | $19.3m | $8.0m | 0.41 |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| Greenwich Wealth Management LLC | Added | +4.0k |
Biggest sellers
| AXIOM INVESTORS LLC /DE | Sold out | -136.7k |
| Oliver Luxxe Assets LLC | Sold out | -43.1k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | Sold out | -37.5k |
| NorthCrest Asset Manangement, LLC | Sold out | -33.8k |
| Corient Private Wealth LP | Sold out | -30.8k |
| Y-Intercept (Hong Kong) Ltd | Sold out | -20.1k |
| KING LUTHER CAPITAL MANAGEMENT CORP | Reduced | -15.8k |
| Parcion Private Wealth LLC | Sold out | -5.6k |
| Ethic Inc. | Sold out | -4.6k |
| SIGNATUREFD, LLC | Sold out | -1.8k |
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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Greenwich Wealth Management LLC 1.11% of their portfolio | 420.8k $30.4m | Added +4.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 53.1k $3.8m | Reduced -15.8k |
| Truepoint, Inc. 0.01% of their portfolio | 7.8k $562.3k | Reduced -3 |
| SCHULHOFF & CO INC 0.16% of their portfolio | 5.4k $392.9k | Reduced -1.0k |
| Harvest Fund Management Co., Ltd 0.00% of their portfolio | 912 $66.0k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $73 | Unchanged |