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 ($6.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.21. Options: 8 managers hold calls ($15.1m notional), 6 hold puts ($5.2m).
Trends to Q1 2025
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 |
| Q4 2024 | 510 |
| Q1 2025 | 524 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 154 | 184 |
| Q3 2023 | 169 | 175 |
| Q4 2023 | 134 | 208 |
| Q1 2024 | 227 | 165 |
| Q2 2024 | 194 | 213 |
| Q3 2024 | 197 | 200 |
| Q4 2024 | 235 | 196 |
| Q1 2025 | 273 | 203 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $24.6m | $4.7m | 0.19 |
| Q3 2024 | $24.5m | $5.1m | 0.21 |
| Q4 2024 | $26.4m | $10.5m | 0.40 |
| Q1 2025 | $15.1m | $5.2m | 0.35 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +1.1m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.0m |
| FMR LLC | Added | +861.7k |
| Balyasny Asset Management L.P. | Added | +346.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +335.3k |
| PRUDENTIAL FINANCIAL INC | Added | +283.7k |
| STIFEL FINANCIAL CORP | Added | +239.3k |
| VANGUARD GROUP INC | Added | +217.4k |
| CITADEL ADVISORS LLC | Added | +212.4k |
| Qube Research & Technologies Ltd | Added | +210.0k |
Biggest sellers
| Capital Research Global Investors | Reduced | -865.2k |
| MORGAN STANLEY | Reduced | -555.1k |
| T. Rowe Price Investment Management, Inc. | Reduced | -503.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -419.4k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -367.0k |
| LSV ASSET MANAGEMENT | Reduced | -234.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -228.6k |
| Channing Capital Management, LLC | Reduced | -226.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -203.2k |
| Fisher Asset Management, LLC | Reduced | -150.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $5.9m63.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.9m62.3k shares |
| JANE STREET GROUP, LLC | Added | $1.8m19.5k shares |
| Walleye Trading LLC | Reduced | $725.8k7.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $291.0k3.1k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $273.4k2.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $141.0k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.0m42.4k shares |
| Walleye Trading LLC | Reduced | $395.9k4.2k shares |
| CITADEL ADVISORS LLC | Reduced | $301.6k3.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $291.0k3.1k shares |
| JANE STREET GROUP, LLC | Reduced | $245.1k2.6k shares |
| Quaker Wealth Management, LLC | First filing | $6607 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 0 | — | 3 | $5.6m | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 10.6m $1.0bn | Added +217.4k |
| FMR LLC 0.06% of their portfolio | 9.5m $894.6m | Added +861.7k |
| BlackRock, Inc. 0.02% of their portfolio | 9.4m $887.6m | Reduced -41.8k |
| STATE STREET CORP 0.01% of their portfolio | 3.2m $304.9m | Added +22.7k |
| EARNEST PARTNERS LLC 1.32% of their portfolio | 2.9m $274.9m | Reduced -32.2k |
| Capital Research Global Investors 0.05% of their portfolio | 2.6m $246.0m | Reduced -865.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 2.5m $233.6m | Reduced -110.7k |
| STIFEL FINANCIAL CORP 0.24% of their portfolio | 2.4m $225.9m | Added +239.3k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 2.3m $215.3m | Reduced -367.0k |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $189.4m | Reduced -555.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $168.6m | Added +88.1k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.5m $142.9m | Reduced -130.4k |
| Fisher Asset Management, LLC 0.06% of their portfolio | 1.4m $131.1m | Reduced -150.0k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 1.4m $126.9m | Added +1.0m |
| NORGES BANK 0.02% of their portfolio | 1.4m $128.6m | Added +68.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.48% of their portfolio | 1.3m $122.9m | Added +1.9k |
| Invesco Ltd. 0.02% of their portfolio | 1.2m $114.2m | Added +4.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $114.1m | Reduced -23.7k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 1.2m $113.7m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $112.0m | Added +157.4k |
| MACQUARIE GROUP LTD 0.14% of their portfolio | 1.2m $110.7m | Reduced -124.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.1m $107.1m | Added +7.2k |
| GW&K Investment Management, LLC 0.93% of their portfolio | 1.1m $100.7m | Reduced -16.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 985.8k $92.9m | Reduced -20.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 890.0k $83.9m | Reduced -37.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 886.7k $83.6m | Reduced -79.1k |
| Channing Capital Management, LLC 2.35% of their portfolio | 824.1k $77.7m | Reduced -226.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.53% of their portfolio | 789.4k $74.4m | Reduced -203.2k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 656.4k $61.9m | Reduced -419.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 629.0k $59.3m | Reduced -42.6k |
| Fiera Capital Corp 0.21% of their portfolio | 625.9k $59.0m | Reduced -17.5k |
| LSV ASSET MANAGEMENT 0.13% of their portfolio | 554.5k $52.3m | Reduced -234.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 502.0k $47.3m | Reduced -12.3k |
| AEGON ASSET MANAGEMENT UK Plc 0.57% of their portfolio | 416.7k $39.2m | Added +147.3k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 413.8k $39.0m | Reduced -503.5k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 1.11% of their portfolio | 413.5k $39.0m | Reduced -1.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 404.2k $38.1m | Reduced -5.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.90% of their portfolio | 398.9k $37.6m | Added +21.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 398.6k $37.6m | Added +335.3k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 377.4k $35.6m | Added +346.5k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 315.8k $29.8m | Added +210.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 310.8k $29.3m | Reduced -4.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 309.4k $29.2m | Reduced -6.2k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 307.5k $29.0m | Added +283.7k |
| Nuveen, LLC 0.01% of their portfolio | 303.0k $28.6m | First filing |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 294.4k $27.7m | Added +212.4k |
| Retirement Systems of Alabama 0.11% of their portfolio | 291.6k $27.5m | Reduced -98 |
| SEI INVESTMENTS CO 0.03% of their portfolio | 284.0k $26.8m | Added +60.9k |
| AXIOM INVESTORS LLC /DE 0.13% of their portfolio | 281.4k $26.5m | Added +63.9k |
| Walleye Capital LLC 0.29% of their portfolio | 274.4k $25.9m | Added +35.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 268.2k $25.3m | Reduced -828 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 260.9k $24.6m | Reduced -38.4k |
| UBS Group AG 0.00% of their portfolio | 221.3k $20.9m | Added +116.5k |
| GLENMEDE TRUST CO NA 0.11% of their portfolio | 220.5k $20.8m | Reduced -7.0k |
| Squarepoint Ops LLC 0.05% of their portfolio | 216.8k $20.4m | Added +175.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 208.0k $19.6m | Reduced -3.0k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio | 199.7k $18.8m | Reduced -30.5k |
| Swiss National Bank 0.01% of their portfolio | 198.2k $18.7m | Reduced -3.4k |
| Legal & General Group Plc 0.01% of their portfolio | 195.4k $18.4m | Added +3.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 189.7k $17.9m | Reduced -525 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 169.4k $16.0m | Reduced -92.6k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 161.5k $15.2m | Reduced -4.3k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.48% of their portfolio | 154.7k $14.6m | Added +5.0k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 145.5k $13.7m | Added +75.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 145.2k $13.7m | Added +12.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 136.2k $12.8m | Reduced -3.5k |
| Ancora Advisors LLC 0.29% of their portfolio | 136.0k $12.8m | Added +3.9k |
| Prana Capital Management, LP 0.49% of their portfolio | 129.0k $12.2m | Added +96.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 127.3k $12.0m | Reduced -120 |
| Crestwood Advisors Group, LLC 0.23% of their portfolio | 127.2k $12.0m | Reduced -1.9k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 126.0k $11.9m | Reduced -1.4k |
| Corebridge Financial, Inc. 0.06% of their portfolio | 112.8k $10.6m | Reduced -3.0k |
| AGF MANAGEMENT LTD 0.06% of their portfolio | 112.8k $10.6m | Reduced -51.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 112.8k $10.6m | Added +232 |
| COOKSON PEIRCE & CO INC 0.53% of their portfolio | 111.2k $10.5m | Reduced -548 |
| Moran Wealth Management, LLC 0.34% of their portfolio | 108.2k $10.2m | New |
| HEARTLAND ADVISORS INC 0.58% of their portfolio | 107.0k $10.1m | Reduced -28 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 104.9k $9.9m | Reduced -20.5k |
| EULAV Asset Management 0.24% of their portfolio | 104.4k $9.8m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 101.8k $9.6m | New |
| Philadelphia Financial Management of San Francisco, LLC 2.07% of their portfolio | 99.0k $9.3m | Reduced -51.2k |
| BARCLAYS PLC 0.00% of their portfolio | 96.1k $9.1m | Reduced -18.0k |
| Orion Portfolio Solutions, LLC 0.05% of their portfolio | 96.0k $9.6m | Added +48.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 94.6k $8.9m | Reduced -1.1k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 91.8k $8.7m | Reduced -6.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 91.6k $8.6m | Reduced -1.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 88.4k $8.3m | Reduced -27.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 86.8k $8.2m | Added +21.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 84.4k $8.0m | Added +8.4k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.22% of their portfolio | 82.4k $7.8m | Added +9.4k |
| Boston Partners 0.01% of their portfolio | 82.3k $7.8m | Added +65.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 82.0k $7.7m | Reduced -835 |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 80.7k $7.6m | Added +7.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 80.2k $7.6m | Added +23.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 78.9k $7.4m | Added +43.9k |
| Magnetar Financial LLC 0.10% of their portfolio | 78.9k $7.4m | Added +62.1k |
| IEQ CAPITAL, LLC 0.06% of their portfolio | 77.5k $7.3m | New |
| STRS OHIO 0.03% of their portfolio | 77.3k $7.3m | Added +321 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 75.5k $7.1m | Added +58.9k |
| CASTLEARK MANAGEMENT LLC 0.25% of their portfolio | 75.4k $7.1m | Added +1.7k |