Piper Sandler Cos (PIPR) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $645.1M

PIPR ranks #1462 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

421 institutions disclose a position in PIPR, but none treat it as a major bet — even North Reef Capital Management LP, its most concentrated holder, allocates just 3.7% of its own portfolio to it.

Atria Investments, Inc has added to its PIPR position for two straight quarters, increasing it by $148.4K to reach $461.3K today.

State of Alaska, Department of Revenue has trimmed its PIPR position for two straight quarters, cutting it by $1.9M while still holding $1.5M.

PIPR is up 0.1% today, and institutions have been net buyers of $645.1M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

PIPR posted net income of $307.3M over the trailing twelve months, and currently trades at a P/E of 3.7.

• Profitable — net income of $307.3M over the trailing twelve months
• Net income improved year over year, from $210.9M to $307.3M
• Generated $586.6M in positive operating cash flow
• Liabilities run 0.74x equity — within a conventional range