Western Alliance Bancorp (WAL) Institutional Ownership & 13F Filings (Q2 2026)

WAL ranks #1185 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

WAL is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.

WAL is a top-conviction position for Davis Asset Management, L.P. — at 6.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in WAL belongs to BlackRock, Inc., but the position matters far more to Davis Asset Management, L.P., who has 6.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Cliff Asness has added to its WAL position for two straight quarters, increasing it by $382.2M to reach $423.0M today.

Price T Rowe Associates Inc /md/ has trimmed its WAL position for two straight quarters, cutting it by $216.5M while still holding $518.9M.

WAL is down 1.1% today, but institutions show net buying of $1.5B this quarter — a divergence between today's price move and the underlying institutional flow.

WAL posted net income of $983.3M over the trailing twelve months, and currently trades at a P/E of 8.8.

• Profitable — net income of $983.3M over the trailing twelve months
• Revenue grew 141.3% year over year
• Net income improved year over year, from $846.2M to $983.3M
• Operating cash flow was negative, using $2.7B in cash
• Liabilities run 11.08x equity — a highly leveraged balance sheet worth noting