Piper Sandler Companies (PIPR) Hedge Fund Ownership (Q2 2026)

Piper Sandler Companies (PIPR)

7 + Investors. Track Smart Money conviction in PIPR. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — PIPR

Based on 421 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added PIPR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

421 hedge funds hold PIPR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q

+65 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 59% buying

243 buying169 selling

Last quarter: 243 funds bought or added vs 169 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+23 vs last Q)

new funds entering per quarter

Funds opening a new PIPR position: 61 → 74 → 59 → 82. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 20% medium ■ 19% new

256 out of 421 hedge funds have held PIPR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

➡️

Steady discovery — ~82 new funds/quarter

53 → 61 → 74 → 59 → 82 new funds/Q

New funds entering each quarter: 61 → 74 → 59 → 82. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 65% veterans vs 21% newcomers

■ 65% veterans ■ 14% 1-2yr ■ 21% new

Entry-cohort mix of 426 holders: 278 (65%) are 2+ year veterans, 60 entered 1–2 years ago, and 88 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds

53 of 418 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PIPR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.6

out of 10

Low Exit Risk

Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	7	20	-65.0%
13F Shares	489K	1M	-52.45%
Total Value	$5M	$81M	-93.5%
New Positions	1	2	-1
Increased Positions	1	16	-15
Closed Positions	14	392	-378
Reduced Positions	3	2	+1
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-65.0%

13F Shares

489K

-52.45%

Total Value

$5M

$81M

-93.5%

New Positions

-1

Increased Positions

-15

Closed Positions

392

-378

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

7 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PIPR. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PIPR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	North Reef Capital Management LP	3.74%	1,350,000	$97.7M
2	Cander Asset Management LP	1.31%	97,903	$7.1M
3	Azora Capital LP	1.16%	380,367	$27.5M
4	Systematic Financial Management LP	1.02%	706,867	$51.1M
5	Moody Aldrich Partners LLC	0.94%	72,085	$5.2M
6	Stephens Investment Management Group LLC	0.89%	1,148,867	$83.1M
7	Future Fund LLC	0.77%	36,990	$2.7M
8	Westwood Holdings Group Inc	0.67%	1,237,090	$89.5M
9	Wbi Investments, LLC	0.64%	35,449	$2.6M
10	Emerald Advisers, LLC	0.60%	350,159	$25.3M
11	Emerald Mutual Fund Advisers Trust	0.57%	225,192	$16.3M
12	Bayban	0.46%	8,324	$602K
13	Kennedy Capital Management LLC	0.44%	345,329	$25.0M
14	Nicholas Investment Partners, LP	0.42%	103,379	$7.5M
15	Aurdan Capital Management, LLC	0.41%	22,112	$1.6M
16	Mairs & Power Inc	0.36%	544,505	$39.4M
17	Millington Securities, LLC	0.34%	16,105	$1.2M
18	WINTON GROUP Ltd	0.31%	130,560	$9.4M
19	James Investment Research, INC.	0.28%	37,536	$2.7M
20	Oliver Luxxe Assets LLC	0.26%	24,597	$1.8M
21	Boston Trust Walden Corp	0.24%	437,008	$31.6M
22	Interval Partners, LP	0.24%	128,354	$9.3M
23	Yorktown Management & Research Co Inc	0.19%	4,240	$307K
24	Bridgefront Capital, LLC	0.17%	8,899	$644K
25	Schulhoff & Co Inc	0.16%	5,432	$393K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Piper Sandler Companies (PIPR)

What does the Smart Money Trend signal show for PIPR?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PIPR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PIPR?

Slight buying edge — 59% buying: Last quarter: 243 funds bought or added vs 169 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PIPR holders?

Elite ownership — 58% AUM from top-100 funds: 53 of 418 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PIPR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PIPR?

61% of holders stayed for 2+ years: 256 out of 421 hedge funds have held PIPR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Piper Sandler Companies (PIPR)

Smart Money Signals — PIPR

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Steady growth — +18% more funds vs a year ago

Slight buying edge — 59% buying

More new buyers each quarter (+23 vs last Q)

61% of holders stayed for 2+ years

Steady discovery — ~82 new funds/quarter

Veteran-anchored — 65% veterans vs 21% newcomers

Elite ownership — 58% AUM from top-100 funds

Institutional Sentiment Summary — PIPR

Hedge Fund Ownership: PIPR

Market Analysis: PIPR

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PIPR

Hedge Fund Positioning: PIPR

Statistics: PIPR

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

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Frequently Asked Questions — Piper Sandler Companies (PIPR)

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