PIPR US Equity

PIPER SANDLER COMPANIES

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Financials · Security Brokers, Dealers & Flotation Companies · CIK 1230245 · FYE 1231

$73.82

-3.65 (-4.71%)

USD · as of 2026-07-29 · marketstack

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Institutional ownership· 13F filers holding PIPR · 2026-Q1 methodology → sources →

389 holders

% of shares outstanding held

84.4%

Shares held (13F)

59,986,889

Reporting holders

389

Top holders

largest 100 of 389 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	10,428,94710.4M	$798M	14.68%	ADD 307%
2	VANGUARD PORTFOLIO MANAGEMENT LLC	5,133,5335.1M	$393M	7.23%	NEW†
3	VANGUARD CAPITAL MANAGEMENT LLC	3,022,6863.0M	$231M	4.25%	NEW†
4	STATE STREET CORP	2,786,0612.8M	$213M	3.92%	ADD 307%
5	Invesco Ltd.	2,609,3052.6M	$200M	3.67%	ADD 264%
6	GEODE CAPITAL MANAGEMENT, LLC	1,631,4651.6M	$125M	2.30%	ADD 312%
7	GOLDMAN SACHS GROUP INC	1,467,4951.5M	$112M	2.07%	ADD 403%
8	DIMENSIONAL FUND ADVISORS LP	1,375,5651.4M	$105M	1.94%	ADD 302%
9	ALLIANCEBERNSTEIN L.P.	1,138,1361.1M	$87M	1.60%	ADD 257%
10	Stephens Investment Management Group LLC	1,119,8881.1M	$86M	1.58%	ADD 301%
11	WESTWOOD HOLDINGS GROUP INC	1,111,6621.1M	$85M	1.56%	ADD 309%
12	Fisher Asset Management, LLC	1,077,9881.1M	$83M	1.52%	ADD 571%
13	North Reef Capital Management LP	964,632964,632	$74M	1.36%	ADD 371%
14	GW&K Investment Management, LLC	915,843915,843	$70M	1.29%	ADD 209%
15	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	859,462859,462	$66M	1.21%	ADD 310%
16	JPMORGAN CHASE & CO	877,156877,156	$65M	1.23%	ADD 198%
17	NORTHERN TRUST CORP	754,781754,781	$58M	1.06%	ADD 309%
18	AMERICAN CENTURY COMPANIES INC	741,943741,943	$57M	1.04%	ADD 268%
19	SYSTEMATIC FINANCIAL MANAGEMENT LP	722,028722,028	$55M	1.02%	ADD 286%
20	MORGAN STANLEY	720,685720,685	$55M	1.01%	ADD 252%
21	Nuveen, LLC	697,596697,596	$53M	0.98%	ADD 310%
22	JACOBS LEVY EQUITY MANAGEMENT, INC	634,998634,998	$49M	0.89%	NEW
23	FMR LLC	611,109611,109	$47M	0.86%	ADD 73%
24	Bank of New York Mellon Corp	570,250570,250	$44M	0.80%	ADD 297%
25	VOYA INVESTMENT MANAGEMENT LLC	550,240550,240	$42M	0.77%	ADD 316%
26	MAIRS & POWER INC	546,090546,090	$42M	0.77%	ADD 211%
27	LOOMIS SAYLES & CO L P	536,352536,352	$41M	0.75%	ADD 269%
28	LORD, ABBETT & CO. LLC	519,243519,243	$40M	0.73%	ADD 294%
29	FRANKLIN RESOURCES INC	511,680511,680	$39M	0.72%	ADD 326%
30	JANUS HENDERSON GROUP PLC	482,175482,175	$37M	0.68%	ADD 833%
31	VANGUARD FIDUCIARY TRUST CO	473,035473,035	$36M	0.67%	NEW
32	Fiera Capital Corp	446,244446,244	$34M	0.63%	ADD 313%
33	Greenwich Wealth Management LLC	416,769416,769	$32M	0.59%	ADD 300%
34	SEI INVESTMENTS CO	366,575366,575	$28M	0.52%	ADD 503%
35	EMERALD ADVISERS, LLC	360,578360,578	$28M	0.51%	ADD 338%
36	ENVESTNET ASSET MANAGEMENT INC	356,318356,318	$27M	0.50%	ADD 311%
37	KENNEDY CAPITAL MANAGEMENT LLC	355,651355,651	$27M	0.50%	ADD 285%
38	Balyasny Asset Management L.P.	334,526334,526	$26M	0.47%	ADD 308%
39	Walleye Capital LLC	331,751331,751	$25M	0.47%	NEW
40	PRINCIPAL FINANCIAL GROUP INC	330,719330,719	$25M	0.47%	ADD 315%
41	CITADEL ADVISORS LLC	321,388321,388	$25M	0.45%	ADD 8%
42	TimesSquare Capital Management, LLC	312,937312,937	$24M	0.44%	ADD 233%
43	WELLINGTON MANAGEMENT GROUP LLP	294,563294,563	$23M	0.41%	ADD 260%
44	BARCLAYS PLC	290,026290,026	$22M	0.41%	ADD 290%
45	BANK OF AMERICA CORP /DE/	284,200284,200	$22M	0.40%	ADD 336%
46	Qube Research & Technologies Ltd	260,958260,958	$20M	0.37%	ADD 970%
47	UBS Group AG	259,965259,965	$20M	0.37%	ADD 758%
48	PRUDENTIAL FINANCIAL INC	252,788252,788	$19M	0.36%	ADD 922%
49	Public Sector Pension Investment Board	241,816241,816	$19M	0.34%	ADD 320%
50	Squarepoint Ops LLC	240,935240,935	$18M	0.34%	NEW
51	NEUBERGER BERMAN GROUP LLC	229,238229,238	$18M	0.32%	ADD 201%
52	EMERALD MUTUAL FUND ADVISERS TRUST	225,192225,192	$17M	0.32%	ADD 357%
53	RHUMBLINE ADVISERS	223,993223,993	$17M	0.32%	ADD 378%
54	Longaeva Partners L.P.	211,601211,601	$16M	0.30%	NEW
55	Trexquant Investment LP	194,495194,495	$15M	0.27%	ADD 1617%
56	AMERIPRISE FINANCIAL INC	188,810188,810	$14M	0.27%	ADD 221%
57	Allspring Global Investments Holdings, LLC	177,965177,965	$14M	0.25%	ADD 381%
58	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	167,382167,382	$13M	0.24%	NEW
59	Boston Trust Walden Corp	165,609165,609	$13M	0.23%	NEW
60	Legal & General Group Plc	160,991160,991	$12M	0.23%	ADD 270%
61	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	157,984157,984	$12M	0.22%	ADD 203%
62	Swiss National Bank	140,000140,000	$11M	0.20%	ADD 301%
63	Interval Partners, LP	139,999139,999	$11M	0.20%	ADD 417%
64	AXIOM INVESTORS LLC /DE	136,708136,708	$10M	0.19%	ADD 160%
65	RAYMOND JAMES FINANCIAL INC	133,842133,842	$10M	0.19%	ADD 457%
66	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	133,134133,134	$10M	0.19%	ADD 306%
67	Creative Planning	128,394128,394	$10M	0.18%	ADD 387%
68	VICTORY CAPITAL MANAGEMENT INC	126,724126,724	$10M	0.18%	ADD 1189%
69	WINTON GROUP Ltd	126,448126,448	$10M	0.18%	NEW
70	ExodusPoint Capital Management, LP	116,980116,980	$9M	0.16%	ADD 670%
71	NEW YORK STATE COMMON RETIREMENT FUND	116,744116,744	$9M	0.16%	ADD 261%
72	Cander Asset Management LP	106,823106,823	$8M	0.15%	ADD 363%
73	Freestone Grove Partners LP	104,461104,461	$8M	0.15%	NEW
74	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	100,724100,724	$8M	0.14%	ADD 319%
75	Nicholas Investment Partners, LP	98,32398,323	$8M	0.14%	ADD 110%
76	Russell Investments Group, Ltd.	95,93795,937	$7M	0.14%	ADD 600%
77	STATE OF WISCONSIN INVESTMENT BOARD	95,75595,755	$7M	0.13%	ADD 263%
78	Moody Aldrich Partners LLC	91,81591,815	$7M	0.13%	ADD 296%
79	MILLENNIUM MANAGEMENT LLC	88,84688,846	$7M	0.13%	ADD 59%
80	FRED ALGER MANAGEMENT, LLC	86,85686,856	$7M	0.12%	ADD 78%
81	PRICE T ROWE ASSOCIATES INC /MD/	79,31879,318	$6M	0.11%	ADD 392%
82	ROYAL BANK OF CANADA	73,56173,561	$6M	0.10%	ADD 221%
83	WELLS FARGO & COMPANY/MN	71,98571,985	$6M	0.10%	ADD 131%
84	KING LUTHER CAPITAL MANAGEMENT CORP	68,92068,920	$5M	0.10%	ADD 247%
85	EFG International AG	68,63168,631	$5M	0.10%	ADD 356%
86	INTECH INVESTMENT MANAGEMENT LLC	66,55566,555	$5M	0.09%	ADD 589%
87	FARALLON CAPITAL MANAGEMENT LLC	66,00066,000	$5M	0.09%	NEW
88	DEUTSCHE BANK AG\	64,89264,892	$5M	0.09%	ADD 349%
89	Bridgewater Associates, LP	63,42463,424	$5M	0.09%	ADD 426%
90	VAN ECK ASSOCIATES CORP	63,23263,232	$5M	0.09%	ADD 315%
91	CRAWFORD INVESTMENT COUNSEL INC	62,46062,460	$5M	0.09%	ADD 340%
92	VANGUARD ASSET MANAGEMENT, Ltd	61,11661,116	$5M	0.09%	NEW
93	NATIXIS ADVISORS, LLC	58,59558,595	$4M	0.08%	ADD 242%
94	Quantinno Capital Management LP	57,20257,202	$4M	0.08%	ADD 1023%
95	New Age Alpha Advisors, LLC	56,87056,870	$4M	0.08%	ADD 285%
96	MACKENZIE FINANCIAL CORP	55,08055,080	$4M	0.08%	ADD 4926%
97	Thrivent Financial for Lutherans	54,92054,920	$4M	0.08%	ADD 302%
98	CI INVESTMENTS INC.	55,09655,096	$4M	0.08%	ADD 352%
99	Orion Porfolio Solutions, LLC	52,99252,992	$4M	0.07%	ADD 221%
100	SUSQUEHANNA INTERNATIONAL GROUP, LLP	49,37449,374	$4M	0.07%	ADD 8007%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

2.6M

2.7M

2.5M

2.6M

10.4M

$798M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

5.1M

$393M

VANGUARD CAPITAL MANAGEMENT LLC

—

3.0M

$231M

STATE STREET CORP

699K

680K

681K

685K

684K

2.8M

$213M

Invesco Ltd.

698K

633K

694K

715K

717K

2.6M

$200M

GEODE CAPITAL MANAGEMENT, LLC

377K

391K

401K

396K

1.6M

$125M

GOLDMAN SACHS GROUP INC

208K

184K

256K

322K

292K

1.5M

$112M

DIMENSIONAL FUND ADVISORS LP

455K

406K

385K

347K

342K

1.4M

$105M

ALLIANCEBERNSTEIN L.P.

360K

343K

314K

308K

319K

1.1M

$87M

Stephens Investment Management Group LLC

215K

251K

280K

279K

1.1M

$86M

WESTWOOD HOLDINGS GROUP INC

265K

357K

344K

282K

272K

1.1M

$85M

Fisher Asset Management, LLC

156K

154K

151K

165K

161K

1.1M

$83M

North Reef Capital Management LP

85K

110K

230K

152K

205K

965K

$74M

GW&K Investment Management, LLC

321K

323K

309K

296K

916K

$70M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

205K

201K

202K

210K

859K

$66M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	389	59,986,889	84.4%	$4.6B
2025-Q4

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · PIPR

Large holders — 13G, passive (top 2 by % of class)

Holder	% of class	Type	As of
VANGUARD PORTFOLIO MANAGEMENT LLC	7.28%	QII	2026-03-31	SEC →
VANGUARD GROUP INC	0%	QII	2026-03-13	SEC →

Source: SEC Schedule 13D/13G structured XML. 13D = active intent; 13G filers report passively (Rule 13d-1(b) QII / 13d-1(c) Passive / 13d-1(d) Exempt) and are not activists. Percent and delta are the group aggregate the filing reports. Structured 13D/G coverage begins December 2024 (SEC XML mandate).

Institutional ownership· 13F filers holding PIPR · 2026-Q1 methodology → sources →

389 holders

% of shares outstanding held

84.4%

Shares held (13F)

59,986,889

Reporting holders

389

Top holders

largest 100 of 389 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	10,428,94710.4M	$798M	14.68%	ADD 307%
2	VANGUARD PORTFOLIO MANAGEMENT LLC	5,133,5335.1M	$393M	7.23%	NEW†
3	VANGUARD CAPITAL MANAGEMENT LLC	3,022,6863.0M	$231M	4.25%	NEW†
4	STATE STREET CORP	2,786,0612.8M	$213M	3.92%	ADD 307%
5	Invesco Ltd.	2,609,3052.6M	$200M	3.67%	ADD 264%
6	GEODE CAPITAL MANAGEMENT, LLC	1,631,4651.6M	$125M	2.30%	ADD 312%
7	GOLDMAN SACHS GROUP INC	1,467,4951.5M	$112M	2.07%	ADD 403%
8	DIMENSIONAL FUND ADVISORS LP	1,375,5651.4M	$105M	1.94%	ADD 302%
9	ALLIANCEBERNSTEIN L.P.	1,138,1361.1M	$87M	1.60%	ADD 257%
10	Stephens Investment Management Group LLC	1,119,8881.1M	$86M	1.58%	ADD 301%
11	WESTWOOD HOLDINGS GROUP INC	1,111,6621.1M	$85M	1.56%	ADD 309%
12	Fisher Asset Management, LLC	1,077,9881.1M	$83M	1.52%	ADD 571%
13	North Reef Capital Management LP	964,632964,632	$74M	1.36%	ADD 371%
14	GW&K Investment Management, LLC	915,843915,843	$70M	1.29%	ADD 209%
15	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	859,462859,462	$66M	1.21%	ADD 310%
16	JPMORGAN CHASE & CO	877,156877,156	$65M	1.23%	ADD 198%
17	NORTHERN TRUST CORP	754,781754,781	$58M	1.06%	ADD 309%
18	AMERICAN CENTURY COMPANIES INC	741,943741,943	$57M	1.04%	ADD 268%
19	SYSTEMATIC FINANCIAL MANAGEMENT LP	722,028722,028	$55M	1.02%	ADD 286%
20	MORGAN STANLEY	720,685720,685	$55M	1.01%	ADD 252%
21	Nuveen, LLC	697,596697,596	$53M	0.98%	ADD 310%
22	JACOBS LEVY EQUITY MANAGEMENT, INC	634,998634,998	$49M	0.89%	NEW
23	FMR LLC	611,109611,109	$47M	0.86%	ADD 73%
24	Bank of New York Mellon Corp	570,250570,250	$44M	0.80%	ADD 297%
25	VOYA INVESTMENT MANAGEMENT LLC	550,240550,240	$42M	0.77%	ADD 316%
26	MAIRS & POWER INC	546,090546,090	$42M	0.77%	ADD 211%
27	LOOMIS SAYLES & CO L P	536,352536,352	$41M	0.75%	ADD 269%
28	LORD, ABBETT & CO. LLC	519,243519,243	$40M	0.73%	ADD 294%
29	FRANKLIN RESOURCES INC	511,680511,680	$39M	0.72%	ADD 326%
30	JANUS HENDERSON GROUP PLC	482,175482,175	$37M	0.68%	ADD 833%
31	VANGUARD FIDUCIARY TRUST CO	473,035473,035	$36M	0.67%	NEW
32	Fiera Capital Corp	446,244446,244	$34M	0.63%	ADD 313%
33	Greenwich Wealth Management LLC	416,769416,769	$32M	0.59%	ADD 300%
34	SEI INVESTMENTS CO	366,575366,575	$28M	0.52%	ADD 503%
35	EMERALD ADVISERS, LLC	360,578360,578	$28M	0.51%	ADD 338%
36	ENVESTNET ASSET MANAGEMENT INC	356,318356,318	$27M	0.50%	ADD 311%
37	KENNEDY CAPITAL MANAGEMENT LLC	355,651355,651	$27M	0.50%	ADD 285%
38	Balyasny Asset Management L.P.	334,526334,526	$26M	0.47%	ADD 308%
39	Walleye Capital LLC	331,751331,751	$25M	0.47%	NEW
40	PRINCIPAL FINANCIAL GROUP INC	330,719330,719	$25M	0.47%	ADD 315%
41	CITADEL ADVISORS LLC	321,388321,388	$25M	0.45%	ADD 8%
42	TimesSquare Capital Management, LLC	312,937312,937	$24M	0.44%	ADD 233%
43	WELLINGTON MANAGEMENT GROUP LLP	294,563294,563	$23M	0.41%	ADD 260%
44	BARCLAYS PLC	290,026290,026	$22M	0.41%	ADD 290%
45	BANK OF AMERICA CORP /DE/	284,200284,200	$22M	0.40%	ADD 336%
46	Qube Research & Technologies Ltd	260,958260,958	$20M	0.37%	ADD 970%
47	UBS Group AG	259,965259,965	$20M	0.37%	ADD 758%
48	PRUDENTIAL FINANCIAL INC	252,788252,788	$19M	0.36%	ADD 922%
49	Public Sector Pension Investment Board	241,816241,816	$19M	0.34%	ADD 320%
50	Squarepoint Ops LLC	240,935240,935	$18M	0.34%	NEW
51	NEUBERGER BERMAN GROUP LLC	229,238229,238	$18M	0.32%	ADD 201%
52	EMERALD MUTUAL FUND ADVISERS TRUST	225,192225,192	$17M	0.32%	ADD 357%
53	RHUMBLINE ADVISERS	223,993223,993	$17M	0.32%	ADD 378%
54	Longaeva Partners L.P.	211,601211,601	$16M	0.30%	NEW
55	Trexquant Investment LP	194,495194,495	$15M	0.27%	ADD 1617%
56	AMERIPRISE FINANCIAL INC	188,810188,810	$14M	0.27%	ADD 221%
57	Allspring Global Investments Holdings, LLC	177,965177,965	$14M	0.25%	ADD 381%
58	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	167,382167,382	$13M	0.24%	NEW
59	Boston Trust Walden Corp	165,609165,609	$13M	0.23%	NEW
60	Legal & General Group Plc	160,991160,991	$12M	0.23%	ADD 270%
61	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	157,984157,984	$12M	0.22%	ADD 203%
62	Swiss National Bank	140,000140,000	$11M	0.20%	ADD 301%
63	Interval Partners, LP	139,999139,999	$11M	0.20%	ADD 417%
64	AXIOM INVESTORS LLC /DE	136,708136,708	$10M	0.19%	ADD 160%
65	RAYMOND JAMES FINANCIAL INC	133,842133,842	$10M	0.19%	ADD 457%
66	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	133,134133,134	$10M	0.19%	ADD 306%
67	Creative Planning	128,394128,394	$10M	0.18%	ADD 387%
68	VICTORY CAPITAL MANAGEMENT INC	126,724126,724	$10M	0.18%	ADD 1189%
69	WINTON GROUP Ltd	126,448126,448	$10M	0.18%	NEW
70	ExodusPoint Capital Management, LP	116,980116,980	$9M	0.16%	ADD 670%
71	NEW YORK STATE COMMON RETIREMENT FUND	116,744116,744	$9M	0.16%	ADD 261%
72	Cander Asset Management LP	106,823106,823	$8M	0.15%	ADD 363%
73	Freestone Grove Partners LP	104,461104,461	$8M	0.15%	NEW
74	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	100,724100,724	$8M	0.14%	ADD 319%
75	Nicholas Investment Partners, LP	98,32398,323	$8M	0.14%	ADD 110%
76	Russell Investments Group, Ltd.	95,93795,937	$7M	0.14%	ADD 600%
77	STATE OF WISCONSIN INVESTMENT BOARD	95,75595,755	$7M	0.13%	ADD 263%
78	Moody Aldrich Partners LLC	91,81591,815	$7M	0.13%	ADD 296%
79	MILLENNIUM MANAGEMENT LLC	88,84688,846	$7M	0.13%	ADD 59%
80	FRED ALGER MANAGEMENT, LLC	86,85686,856	$7M	0.12%	ADD 78%
81	PRICE T ROWE ASSOCIATES INC /MD/	79,31879,318	$6M	0.11%	ADD 392%
82	ROYAL BANK OF CANADA	73,56173,561	$6M	0.10%	ADD 221%
83	WELLS FARGO & COMPANY/MN	71,98571,985	$6M	0.10%	ADD 131%
84	KING LUTHER CAPITAL MANAGEMENT CORP	68,92068,920	$5M	0.10%	ADD 247%
85	EFG International AG	68,63168,631	$5M	0.10%	ADD 356%
86	INTECH INVESTMENT MANAGEMENT LLC	66,55566,555	$5M	0.09%	ADD 589%
87	FARALLON CAPITAL MANAGEMENT LLC	66,00066,000	$5M	0.09%	NEW
88	DEUTSCHE BANK AG\	64,89264,892	$5M	0.09%	ADD 349%
89	Bridgewater Associates, LP	63,42463,424	$5M	0.09%	ADD 426%
90	VAN ECK ASSOCIATES CORP	63,23263,232	$5M	0.09%	ADD 315%
91	CRAWFORD INVESTMENT COUNSEL INC	62,46062,460	$5M	0.09%	ADD 340%
92	VANGUARD ASSET MANAGEMENT, Ltd	61,11661,116	$5M	0.09%	NEW
93	NATIXIS ADVISORS, LLC	58,59558,595	$4M	0.08%	ADD 242%
94	Quantinno Capital Management LP	57,20257,202	$4M	0.08%	ADD 1023%
95	New Age Alpha Advisors, LLC	56,87056,870	$4M	0.08%	ADD 285%
96	MACKENZIE FINANCIAL CORP	55,08055,080	$4M	0.08%	ADD 4926%
97	Thrivent Financial for Lutherans	54,92054,920	$4M	0.08%	ADD 302%
98	CI INVESTMENTS INC.	55,09655,096	$4M	0.08%	ADD 352%
99	Orion Porfolio Solutions, LLC	52,99252,992	$4M	0.07%	ADD 221%
100	SUSQUEHANNA INTERNATIONAL GROUP, LLP	49,37449,374	$4M	0.07%	ADD 8007%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

2.6M

2.7M

2.5M

2.6M

10.4M

$798M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

5.1M

$393M

VANGUARD CAPITAL MANAGEMENT LLC

—

3.0M

$231M

STATE STREET CORP

699K

680K

681K

685K

684K

2.8M

$213M

Invesco Ltd.

698K

633K

694K

715K

717K

2.6M

$200M

GEODE CAPITAL MANAGEMENT, LLC

377K

391K

401K

396K

1.6M

$125M

GOLDMAN SACHS GROUP INC

208K

184K

256K

322K

292K

1.5M

$112M

DIMENSIONAL FUND ADVISORS LP

455K

406K

385K

347K

342K

1.4M

$105M

ALLIANCEBERNSTEIN L.P.

360K

343K

314K

308K

319K

1.1M

$87M

Stephens Investment Management Group LLC

215K

251K

280K

279K

1.1M

$86M

WESTWOOD HOLDINGS GROUP INC

265K

357K

344K

282K

272K

1.1M

$85M

Fisher Asset Management, LLC

156K

154K

151K

165K

161K

1.1M

$83M

North Reef Capital Management LP

85K

110K

230K

152K

205K

965K

$74M

GW&K Investment Management, LLC

321K

323K

309K

296K

916K

$70M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

205K

201K

202K

210K

859K

$66M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	389	59,986,889	84.4%	$4.6B
2025-Q4

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · PIPR

Large holders — 13G, passive (top 2 by % of class)

Holder	% of class	Type	As of
VANGUARD PORTFOLIO MANAGEMENT LLC	7.28%	QII	2026-03-31	SEC →
VANGUARD GROUP INC	0%	QII	2026-03-13	SEC →

PIPR US Equity☆

Institutional ownership· 13F filers holding PIPR · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · PIPR

Institutional ownership· 13F filers holding PIPR · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · PIPR

PIPR US Equity