STIFEL FINL CORP SF
COM · Common Stock · CUSIP 860630102 · ISIN US8606301021
American investment bank
- SectorFinancials
- IndustrySecurity Brokers, Dealers & Flotation Companies
- HeadquartersSt. Louis, MO
- Founded1890
- Websitestifel.com
- FilingsSEC EDGAR
* 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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $93.92. Options: 8 managers hold calls ($24.5m notional), 4 hold puts ($5.1m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 334 |
| Q4 2022 | 363 |
| Q1 2023 | 366 |
| Q2 2023 | 369 |
| Q3 2023 | 366 |
| Q4 2023 | 378 |
| Q1 2024 | 433 |
| Q2 2024 | 436 |
| Q3 2024 | 444 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 161 | 166 |
| Q1 2023 | 194 | 167 |
| Q2 2023 | 154 | 184 |
| Q3 2023 | 169 | 175 |
| Q4 2023 | 134 | 208 |
| Q1 2024 | 227 | 165 |
| Q2 2024 | 194 | 213 |
| Q3 2024 | 197 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $13.1m | $4.6m | 0.36 |
| Q1 2024 | $23.2m | $3.1m | 0.13 |
| Q2 2024 | $24.6m | $4.7m | 0.19 |
| Q3 2024 | $24.5m | $5.1m | 0.21 |
Biggest buyers
| FMR LLC | Added | +1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +860.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +625.9k |
| GOLDMAN SACHS GROUP INC | Added | +367.7k |
| Invesco Ltd. | Added | +173.0k |
| Squarepoint Ops LLC | Added | +116.8k |
| COOKSON PEIRCE & CO INC | New | +111.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +76.6k |
| Fisher Asset Management, LLC | Added | +65.1k |
| HEARTLAND ADVISORS INC | Added | +53.6k |
Biggest sellers
| Balyasny Asset Management L.P. | Reduced | -379.3k |
| LSV ASSET MANAGEMENT | Reduced | -244.9k |
| CITADEL ADVISORS LLC | Reduced | -220.8k |
| North Reef Capital Management LP | Sold out | -220.0k |
| Holocene Advisors, LP | Sold out | -213.7k |
| Walleye Capital LLC | Reduced | -203.4k |
| MACQUARIE GROUP LTD | Reduced | -194.9k |
| Poplar Forest Capital LLC | Sold out | -190.2k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -131.0k |
| NATIXIS | Sold out | -99.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.1m129.3k shares |
| CITADEL ADVISORS LLC | Reduced | $6.1m64.6k shares |
| Walleye Trading LLC | Added | $3.5m37.7k shares |
| JANE STREET GROUP, LLC | Reduced | $1.8m19.0k shares |
| PEAK6 Investments LLC | Reduced | $450.7k4.8k shares |
| Walleye Capital LLC | Reduced | $347.4k3.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $140.0k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $2.0m21.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.5m16.0k shares |
| CITADEL ADVISORS LLC | Added | $1.2m12.7k shares |
| Walleye Capital LLC | Reduced | $375.6k4.0k 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.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution -3.4 pts · filed 2025-11-05 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: AQR CAPITAL MANAGEMENT LLC (3.9%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 2 | $2.3m | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $3.5m | — |
| Q3 2023 | 0 | — | 1 | $1.6m | — |
| Q4 2023 | 0 | — | 1 | $524.5k | — |
| Q1 2024 | 0 | — | 3 | $6.2m | $2.7m |
| Q2 2024 | 0 | — | 1 | $1.0m | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 10.4m $974.8m | Reduced -8.4k |
| BlackRock, Inc. 0.02% of their portfolio | 9.3m $874.3m | First filing |
| FMR LLC 0.05% of their portfolio | 8.0m $747.1m | Added +1.3m |
| Capital Research Global Investors 0.07% of their portfolio | 3.5m $326.1m | Added +2.0k |
| STATE STREET CORP 0.01% of their portfolio | 3.1m $293.2m | Added +31.1k |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 3.0m $279.2m | Reduced -85.3k |
| EARNEST PARTNERS LLC 1.22% of their portfolio | 3.0m $279.1m | Added +18.5k |
| MORGAN STANLEY 0.02% of their portfolio | 2.4m $223.5m | Reduced -5.8k |
| STIFEL FINANCIAL CORP 0.22% of their portfolio | 2.3m $214.0m | Added +34.0k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.0m $185.0m | Reduced -37.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.0m $183.9m | Added +860.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.65% of their portfolio | 1.8m $165.8m | Reduced -5.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $159.4m | Added +20.1k |
| LSV ASSET MANAGEMENT 0.30% of their portfolio | 1.5m $140.8m | Reduced -244.9k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 1.5m $139.1m | Reduced -194.9k |
| Fisher Asset Management, LLC 0.06% of their portfolio | 1.5m $137.5m | Added +65.1k |
| GW&K Investment Management, LLC 1.00% of their portfolio | 1.2m $117.1m | Reduced -37.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $117.1m | Added +1.7k |
| NORGES BANK 0.02% of their portfolio | 1.2m $117.0m | Added +20.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.76% of their portfolio | 1.2m $111.0m | Reduced -22.9k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.2m $110.5m | Added +625.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.1m $102.5m | Reduced -97.1k |
| Channing Capital Management, LLC 2.58% of their portfolio | 1.1m $100.7m | Reduced -70.7k |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 1.1m $100.7m | Reduced -44.9k |
| Invesco Ltd. 0.02% of their portfolio | 1.0m $95.9m | Added +173.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 1.0m $94.5m | Reduced -28.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.0m $94.0m | Reduced -10.7k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 996.7k $93.6m | Added +367.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 983.1k $92.3m | Reduced -16.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 673.7k $63.3m | Reduced -50.0k |
| Fiera Capital Corp 0.19% of their portfolio | 657.8k $61.8m | Reduced -20.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 1.16% of their portfolio | 559.7k $52.6m | Reduced -131.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 514.9k $48.3m | Added +443 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 470.8k $44.2m | Reduced -46.3k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 458.6k $43.1m | Reduced -12.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 411.8k $38.7m | Reduced -97.4k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.97% of their portfolio | 404.4k $38.0m | Added +29.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 392.6k $36.9m | Reduced -76.0k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.13% of their portfolio | 342.5k $32.2m | Reduced -15.5k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 329.4k $30.6m | Reduced -42.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 326.4k $30.6m | Reduced -1.3k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 318.2k $29.9m | Reduced -379.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 305.1k $28.6m | Added +8.5k |
| Retirement Systems of Alabama 0.10% of their portfolio | 291.8k $27.4m | Reduced -1.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 278.3k $26.1m | Added +790 |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 276.7k $26.0m | Reduced -3.7k |
| AEGON ASSET MANAGEMENT UK Plc 0.35% of their portfolio | 271.7k $25.5m | Added +1.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio | 233.1k $21.9m | Reduced -446 |
| SEI INVESTMENTS CO 0.03% of their portfolio | 232.2k $21.8m | Added +26.7k |
| GLENMEDE TRUST CO NA 0.10% of their portfolio | 229.2k $21.5m | Reduced -3.5k |
| AXIOM INVESTORS LLC /DE 0.17% of their portfolio | 207.5k $19.5m | Reduced -17.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 203.2k $19.1m | Added +427 |
| Swiss National Bank 0.01% of their portfolio | 200.1k $18.8m | Reduced -2.1k |
| Legal & General Group Plc 0.00% of their portfolio | 191.2k $18.0m | Reduced -2.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 187.7k $17.6m | Reduced -2.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 172.3k $16.2m | Added +76.6k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 170.8k $16.0m | Reduced -11.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 166.4k $15.6m | Added +9.6k |
| AGF MANAGEMENT LTD 0.08% of their portfolio | 160.2k $15.0m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 155.2k $14.6m | Reduced -5.2k |
| Access Investment Management LLC 4.07% of their portfolio | 142.3k $13.4m | Added +25 |
| Squarepoint Ops LLC 0.04% of their portfolio | 142.3k $13.4m | Added +116.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 141.9k $13.3m | Reduced -2.3k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 141.4k $13.3m | Added +2.3k |
| GUGGENHEIM CAPITAL LLC 0.09% of their portfolio | 138.9k $13.0m | Reduced -36.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 135.3k $12.7m | Reduced -16.4k |
| Ancora Advisors LLC 0.28% of their portfolio | 132.7k $12.5m | Added +7.2k |
| Crestwood Advisors Group, LLC 0.23% of their portfolio | 128.9k $12.1m | Added +42 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 128.2k $12.0m | Unchanged |
| Corebridge Financial, Inc. 0.06% of their portfolio | 121.2k $11.4m | Reduced -8.4k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 115.5k $10.8m | Added +1.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 114.6k $10.8m | Reduced -6.4k |
| COOKSON PEIRCE & CO INC 0.49% of their portfolio | 111.8k $10.5m | New |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 107.6k $10.1m | Reduced -36.1k |
| BARCLAYS PLC 0.00% of their portfolio | 107.4k $10.1m | Added +41.2k |
| HEARTLAND ADVISORS INC 0.53% of their portfolio | 107.0k $10.0m | Added +53.6k |
| EULAV Asset Management 0.24% of their portfolio | 104.5k $9.8m | Added +1 |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 103.9k $9.8m | Added +3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 96.7k $9.1m | Reduced -3.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 94.6k $8.9m | Reduced -4.1k |
| ALGERT GLOBAL LLC 0.23% of their portfolio | 92.7k $8.7m | Added +8.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 85.7k $8.0m | Reduced -1.9k |
| STRS OHIO 0.03% of their portfolio | 78.4k $7.4m | Reduced -5.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.04% of their portfolio | 78.4k $7.4m | Added +24.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 78.4k $7.4m | Reduced -32.2k |
| CASTLEARK MANAGEMENT LLC 0.29% of their portfolio | 76.8k $7.2m | Reduced -2.8k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.18% of their portfolio | 76.3k $7.2m | Reduced -1.2k |
| UBS Group AG 0.00% of their portfolio | 75.7k $7.1m | Added +34.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 73.8k $6.9m | Reduced -38.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 73.0k $6.9m | Added +10.6k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.08% of their portfolio | 72.8k $6.8m | Reduced -45.9k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 72.5k $6.8m | Added +574 |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 70.0k $6.6m | Added +8.8k |
| Curi Capital, LLC 0.15% of their portfolio | 69.3k $6.5m | Added +9.4k |
| BRANDYWINE OAK PRIVATE WEALTH LLC 0.54% of their portfolio | 59.5k $5.6m | Reduced -593 |
| Dana Investment Advisors, Inc. 0.18% of their portfolio | 58.8k $5.5m | Added +31 |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 58.2k $5.7m | Added +2.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.05% of their portfolio | 57.0k $5.4m | Reduced -11.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 55.7k $5.2m | Added +3.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 54.9k $5.1m | Added +3.1k |