PIPR Piper Sandler Companies Common Stock

NYSE · Financial Services · View on SEC EDGAR ↗
$74.03
Price · Aug 18, 2026
Fundamentals as of Aug 5, 2026
52W Range
$69–$95
20% of range
Analyst Rating
BUY
11 analysts
Price Target
$87
+18% upside
P/E (TTM)
18.7
ROE
21.6%
Net Profit Margin
14.8%

About Piper Sandler Companies Common Stock Company overview from Wikipedia

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

Read more

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

Founded in 1895 and headquartered in Minneapolis, Minnesota, Piper Sandler has more than 60 offices spanning across six countries.

History

Piper Sandler's roots can be traced back to 1895 when George Lane established George B. Lane, Commercial Paper and Collateral Loans & Co., a commercial paper brokerage, in Minneapolis. In 1913, Piper, Jaffray & Co. was established as another commercial paper business by H.C. Piper Sr. and Clive Palmer Jaffray. In 1917, George B. Lane & Co. merged with Piper, Jaffray & Co. to form Lane, Piper & Jaffray.

The firm first obtained a seat on the New York Stock Exchange in 1931 with the acquisition of Hopwood & Company, which had been devastated by the stock market crash. In 1971, Piper Jaffray & Hopwood became the first regional brokerage firm to offer its own stock for public sales, becoming a publicly held corporation. Later, in 1986, Piper's common stock began trading on the NASDAQ under the ticker symbol PIPR.

In 1992, the name of the broker-dealer changed from Piper Jaffray & Hopwood Incorporated to Piper Jaffray Inc.

In 1998, the firm was acquired by U.S. Bancorp, also based in Minneapolis, for $730 million in cash. From 1999 to 2003, the firm was known as U.S. Bancorp Piper Jaffray. In 2003, U.S. Bancorp spun off Piper Jaffray in a stock dividend to its shareholders, making the company independent once again under the symbol PJC. In 2006, the company sold its brokerage business to Zurich-based UBS for $510 million in cash. The business had approximately 800 brokers at that time.

On July 9, 2019, Piper Jaffray announced the purchase of leading financial services investment bank Sandler O'Neill for $485M; the new combined firm is named Piper Sandler Companies. Piper Jaffray CEO Chad Abraham would continue to lead the combined company.

Acquisition history

2004: Piper Jaffray acquired Vie Securities, LLC.

2007: Piper Jaffray acquires FAMCO, acquires Hong Kong–based investment bank Goldbond Capital Holdings Limited

2010: Piper Jaffray acquires Advisory Research, Inc.

2013: Piper Jaffray acquires Seattle-Northwest Securities Corporation, acquires Edgeview Partners, L.P.

2015: Piper Jaffray acquires River Branch Holdings

2016: Piper Jaffray acquires Simmons & Company International

2019: Piper Jaffray acquires Weeden & Co., L.P.

2020: Piper Jaffray acquires Sandler O'Neill + Partners, becoming Piper Sandler Companies. Piper Sandler acquires The Valence Group, acquires TRS Advisors

2022: Piper Sandler acquires Cornerstone Macro, acquires Stamford partners LLC, acquires DBO Partners

Regulator fines

In 2002, Piper Sandler was fined $25 million by state and federal regulators to settle charges of providing biased stock ratings as part of the Global Analyst Research Settlements. Other firms, including JP Morgan, Goldman Sachs, Merrill Lynch, UBS, Deutsche Bank, and Morgan Stanley, were fined for similar reasons. Piper Sandler agreed to implement structural changes to its research and investment banking programs to restore confidence in its business.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

PIPR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$74.03
Market Cap
$5.00B
P/E (TTM)
18.7
EPS (TTM)
$15.82
Revenue (TTM)
$1.90B
Div Yield
2.3%
ROE
21.6%
Debt/Equity
0.0
52W Range
$69 – $95

PIPR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.90B
10-point trend, +147.3%
2016-12-31 → 2025-12-31
EPS $15.82
10-point trend, +1014.5%
2016-12-31 → 2025-12-31
Free Cash Flow —
Margins 14.8%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
PIPR
Peer Median
P/E (TTM)
5-point trend, +97.6%
18.7
19.6
P/S (TTM)
5-point trend, +143.7%
2.6
2.7
P/B
5-point trend, +76.1%
3.6
4.3

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
PIPR
Peer Median
Net Profit Margin
5-point trend, +8.3%
14.8%
14.2%
ROA
5-point trend, -5.0%
11.6%
3.0%
ROE
5-point trend, -26.5%
21.6%
20.2%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PIPR
Peer Median
Debt / Equity
5-point trend, -84.0%
0.0
—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
PIPR
Peer Median
Revenue YoY
5-point trend, -6.7%
24.3%
—
Revenue CAGR 3Y
5-point trend, -6.7%
9.9%
—
Revenue CAGR 5Y
5-point trend, -6.7%
8.7%
—
EPS YoY
5-point trend, -3.7%
54.5%
—
Net Income YoY
5-point trend, +1.0%
55.3%
—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
PIPR
Peer Median
EPS (Diluted)
5-point trend, -3.7%
$15.82
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PIPR
Peer Median
Payout Ratio
5-point trend, +13.7%
40.6%
—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
2.3%
Payout Ratio
40.6%
5Y Div CAGR
—
Ex-dateAmount
May 29, 2026$0.2000
March 3, 2026$1.4250
Nov. 25, 2025$0.1750
Aug. 29, 2025$0.1750
May 30, 2025$0.1625
March 4, 2025$0.9125
Nov. 22, 2024$0.1625
Aug. 29, 2024$0.1625
May 23, 2024$0.1500
March 1, 2024$0.4000
Nov. 20, 2023$0.1500
Aug. 24, 2023$0.1500
May 25, 2023$0.1500
March 2, 2023$0.4625
Nov. 22, 2022$0.1500
Aug. 25, 2022$0.1500
May 26, 2022$0.1500
March 1, 2022$1.2750
Nov. 22, 2021$0.8875
Aug. 26, 2021$0.1375

PIPR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 11 analysts
  • Strong Buy 3 27.3%
  • Buy 5 45.5%
  • Hold 2 18.2%
  • Sell 1 9.1%
  • Strong Sell 0 0.0%

12-Month Price Target

4 analysts · 2026-08-19
Median target $87.25 +17.9%
Mean target $87.12 +17.7%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.22%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.04 $0.88 0.16%
March 31, 2026 $1.00 $0.95 0.05%
Dec. 31, 2025 $1.72 $1.22 0.50%
Sept. 30, 2025 $0.95 $0.82 0.14%
June 30, 2025 $0.74 $0.57 0.17%
March 31, 2025 $1.02 $0.73 0.30%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PIPR $1.43B 5.4 24.3% 14.8% 21.6% —
FRHC $8.88B 57.7 9.3% 7.0% 11.3% —
VIRT — 6.5 26.2% 12.9% 58.4% —
HLI — 23.1 9.6% 16.3% 18.6% —
SNEX $5.27B 17.1 32.5% 0.23% 14.4% 3.1%
MC — — — — 51.4% —
BGC — 28.8 30.0% — — —
PJT — — 14.8% 10.5% 72.7% —
LAZ — 22.4 1.5% 7.4% 31.4% —
BULL — — — — — —
LCLN — — — — — —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 10
Annual Income Statement data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +182.9% $1.90B $1.53B $1.36B $1.44B $2.04B $1.25B $846M $758M $844M $770M $696M $673M
Interest Income 12-point trend, -24.2% $37M $33M $27M $20M $7M $13M $27M $33M $32M $33M $42M $49M
Pretax Income 12-point trend, +239.5% $375M $218M $123M $134M $442M $69M $119M $72M $79M $-31M $86M $110M
Income Tax 12-point trend, +123.9% $81M $61M $24M $33M $111M $19M $25M $18M $54M $-17M $28M $36M
Net Income 12-point trend, +345.3% $281M $181M $85M $111M $279M $41M $112M $57M $-62M $-22M $52M $63M
EPS (Basic) 12-point trend, +335.3% $16.89 $11.44 $5.72 $7.92 $19.52 $2.94 $7.90 $3.78 $-5.07 $-1.73 $3.34 $3.88
EPS (Diluted) 12-point trend, +308.8% $15.82 $10.24 $4.96 $6.52 $16.43 $2.72 $7.69 $3.72 $-4.99 $-1.73 $3.34 $3.87
Shares (Basic) 12-point trend, +11.3% 16,658,000 15,838,000 14,958,000 13,982,000 14,265,000 13,781,000 13,555,000 13,234,000 12,807,000 12,674,000 14,368,000 14,971,000
Shares (Diluted) 12-point trend, +18.4% 17,785,000 17,695,000 17,224,000 16,965,000 16,955,000 14,901,000 13,937,000 13,425,000 12,978,000 12,779,000 14,389,000 15,025,000
EBITDA 12-point trend, +228.3% $17M $17M $18M $16M $13M $11M $9M $8M $7M $6M $5M $5M
Balance Sheet 18
Annual Balance Sheet data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 8-point trend, +6019.4% · · · · $971M $508M $250M $50M $34M $70M $190M $16M
PP&E (Net) 12-point trend, +325.6% $77M $59M $61M $68M $52M $44M $30M $32M $25M $25M $19M $18M
PP&E (Gross) 12-point trend, +154.4% $167M $166M $152M $144M $129M $119M $96M $91M $81M $84M $71M $65M
Accum. Depreciation 12-point trend, +88.7% $89M $107M $91M $76M $77M $75M $66M $59M $56M $58M $52M $47M
Goodwill 12-point trend, +50.7% $319M $312M $302M $301M $228M $228M $88M $82M $82M $196M $218M $212M
Intangibles 12-point trend, +224.9% $100M $108M $116M $136M $120M $150M $17M $4M $9M $37M $31M $31M
Total Assets 12-point trend, -1.2% $2.59B $2.26B $2.14B $2.18B $2.57B $2.00B $1.63B $1.35B $2.02B $2.13B $2.14B $2.62B
Short-term Debt 11-point trend, -96.0% $15M $10M $30M $0 · $0 $50M $50M $290M $419M $446M $378M
Total Liabilities 12-point trend, -39.0% $1.01B $840M $842M $928M $1.34B $1.07B $822M $615M $1.28B $1.31B $1.31B $1.65B
Long-term Debt 5-point trend, -100.0% · · $0 $125M $125M $195M $175M · · · · ·
Total Debt 10-point trend, -96.0% $15M $10M $30M · · $0 $50M $50M $290M $419M $446M $378M
Common Stock 12-point trend, +299.5% $779.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K $195.0K
Retained Earnings 12-point trend, +221.0% $729M $562M $454M $453M $450M $271M $259M $183M $176M $257M $279M $227M
Treasury Stock 12-point trend, +122.6% $319M $315M $356M $442M $313M $289M $284M $300M $274M $284M $248M $143M
AOCI 12-point trend, +624.9% $3M $-1M $-894.0K $-2M $-964.0K $-197.0K $-872.0K $-1M $-1M $-3M $-189.0K $377.0K
Stockholders' Equity 12-point trend, +67.2% $1.37B $1.23B $1.09B $1.05B $1.06B $829M $731M $677M $693M $759M $784M $820M
Liabilities + Equity 12-point trend, -1.2% $2.59B $2.26B $2.14B $2.18B $2.57B $2.00B $1.63B $1.35B $2.02B $2.13B $2.14B $2.62B
Shares Outstanding 12-point trend, +342.1% 67,483,432 16,111,723 15,200,149 13,673,064 14,129,519 13,776,025 13,717,315 12,995,397 12,911,149 12,391,970 13,311,016 15,265,420
Cash Flow 16
Annual Cash Flow data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +228.3% $17M $17M $18M $16M $13M $11M $9M $8M $7M $6M $5M $5M
Stock-based Comp 12-point trend, +330.8% $124M $103M $94M $131M $171M $122M $32M $44M $40M $56M $49M $29M
Deferred Tax 12-point trend, +156.7% $5M $17M $14M $-33M $-54M $-39M $25M $-3M $18M $-31M $-13M $-10M
Amort. of Intangibles 12-point trend, +7.8% $10M $10M $19M $15M $30M $45M $4M $5M $10M $21M $8M $9M
Restructuring 11-point trend, -50.2% $5M $-42.0K $8M $6M $4M $6M $7M $3M $0 $9M $9M ·
Other Non-cash 12-point trend, +215.1% $159M $-5M $65M $-449M $298M $646M $-110M $399M $250M $39M $287M $-138M
Operating Cash Flow 12-point trend, +1271.6% $587M $313M $276M $-225M $707M $780M $68M $510M $203M $-3M $380M $-50M
Investing Cash Flow 12-point trend, -710.4% $-44M $-32M $-10M $-127M $-21M $-435M $27M $-16M $-8M $-84M $-16M $-5M
Debt Issued 4-point trend, +0.00 · · · · $0 $0 $175M $0 · · · ·
Net Debt Issued 6-point trend, +0.00 $0 $0 $-125M $0 $-70M $0 · · · · · ·
Stock Repurchased 12-point trend, +1052.0% $125M $66M $71M $187M $70M $22M $51M $71M $25M $71M $133M $11M
Net Stock Activity 12-point trend, -1052.0% $-125M $-66M $-71M $-187M $-70M $-22M $-51M $-71M $-25M $-71M $-133M $-11M
Dividends Paid 11-point trend, +114146000.00 $114M $74M $84M $108M $99M $28M $36M $47M $19M $0 $0 ·
Financing Cash Flow 12-point trend, -320.5% $-219M $-181M $-250M $-250M $-223M $-88M $105M $-477M $-233M $-112M $-189M $-52M
Net Change in Cash 12-point trend, +402.9% $327M $100M $17M $-605M $463M $258M $200M $17M $-8M $-149M $174M $-108M
Taxes Paid 12-point trend, -29.9% $41M $11M $19M $85M $166M $29M $10M $17M $32M $27M $32M $59M
Profitability 5
Annual Profitability data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Net Margin 12-point trend, +57.5% 14.8% 11.8% 6.3% 7.7% 13.6% 3.2% 13.2% 7.1% -6.9% -2.9% 7.5% 9.4%
Pretax Margin 12-point trend, +20.0% 19.7% 14.3% 9.0% 9.4% 21.6% 5.5% 14.1% 9.3% -3.3% -4.0% 12.4% 16.4%
EBITDA Margin 12-point trend, +15.2% 0.91% 1.1% 1.3% 1.1% 0.62% 0.85% 1.1% 1.1% 0.82% 0.83% 0.73% 0.79%
ROA 12-point trend, +353.1% 11.6% 8.2% 4.0% 4.7% 12.2% 2.2% 7.5% 3.4% -3.0% -1.0% 2.2% 2.6%
ROE 12-point trend, +166.3% 21.6% 15.7% 8.0% 10.5% 29.4% 5.2% 15.9% 8.3% -8.5% -2.9% 6.5% 8.1%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Debt / Equity 10-point trend, -97.6% 0.0 0.0 0.0 · · 0.0 0.1 0.1 0.4 0.6 0.6 0.5
Efficiency 1
Annual Efficiency data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +188.4% 0.8 0.7 0.6 0.6 0.9 0.7 0.6 0.5 0.4 0.4 0.3 0.3
Per Share 7
Annual Per Share data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +51.3% $81.26 $76.21 $71.41 $77.09 $75.18 $60.21 $53.31 $52.13 $53.70 $61.27 $58.87 $53.71
Revenue / Share 12-point trend, +139.0% $107.07 $86.56 $78.85 $84.59 $120.42 $84.07 $60.72 $59.66 $68.98 $60.25 $48.39 $44.81
Cash Flow / Share 12-point trend, +1089.8% $32.98 $17.70 $16.00 $-13.26 $41.70 $52.33 $4.86 $37.98 $17.89 $3.82 $26.38 $-3.33
Cash / Share 7-point trend, +6511.4% · · · · $68.72 $36.87 $18.23 · $2.62 $3.34 $14.27 $1.04
Dividend / Share 11-point trend, +5.70 $6 $4 $4 $7 $7 $2 $3 $3 $1 $0 $0 ·
Dividend Paid / Share 2-point trend, +148.4% · · · · · · · $47M $19M · · ·
EPS (TTM) 12-point trend, +308.8% $15.82 $10.24 $4.96 $6.52 $16.43 $2.72 $7.69 $3.72 $-4.99 $-1.73 $3.34 $3.87
Growth Rates 10
Annual Growth Rates data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -61.4% 24.3% 12.8% -5.4% -29.7% 63.0% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +262.3% 9.9% -9.1% 2.7% · · · · · · · · ·
Revenue CAGR 5Y 8.7% · · · · · · · · · · ·
EPS YoY 5-point trend, -89.2% 54.5% 106.5% -23.9% -60.3% 504.0% · · · · · · ·
EPS CAGR 3Y 3-point trend, +55.1% 34.4% -14.6% 22.2% · · · · · · · · ·
EPS CAGR 5Y 42.2% · · · · · · · · · · ·
Net Income YoY 5-point trend, -90.6% 55.3% 111.9% -22.8% -60.3% 587.6% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +29.0% 36.5% -13.4% 28.3% · · · · · · · · ·
Net Income CAGR 5Y 47.3% · · · · · · · · · · ·
Dividend CAGR 5Y 32.3% · · · · · · · · · · ·
Valuation (TTM) 15
Annual Valuation (TTM) data for PIPR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +182.9% $1.90B $1.53B $1.36B $1.44B $2.04B $1.25B $846M $758M $844M $770M $696M $673M
Net Income TTM 12-point trend, +345.3% $281M $181M $85M $111M $279M $41M $112M $57M $-62M $-22M $52M $63M
Market Cap 12-point trend, +546.3% $1.43B $1.21B $665M $445M $631M $348M $274M $214M $278M $225M $134M $222M
Enterprise Value 6-point trend, -127.5% · · · · · $-160M $74M · $535M $602M $391M $584M
P/E 12-point trend, +43.1% 5.4 7.3 8.8 5.0 2.7 9.3 2.6 4.4 -4.3 -10.5 3.0 3.8
P/S 12-point trend, +128.5% 0.8 0.8 0.5 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.3
P/B 12-point trend, +286.5% 1.0 1.0 0.6 0.4 0.6 0.4 0.4 0.3 0.4 0.3 0.2 0.3
P / Tangible Book 6-point trend, +95.8% 1.5 1.5 1.0 0.7 0.9 0.8 · · · · · ·
P / Cash Flow 12-point trend, +155.2% 2.4 3.9 2.4 -2.0 0.9 0.4 4.0 0.4 1.2 4.6 0.4 -4.4
EV / EBITDA 6-point trend, -113.6% · · · · · -15.0 8.0 · 73.2 94.1 76.6 110.1
EV / Revenue 6-point trend, -114.8% · · · · · -0.1 0.1 · 0.6 0.8 0.6 0.9
Dividend Yield 11-point trend, +0.08 8.0% 6.1% 12.7% 24.2% 15.8% 8.1% 13.0% 22.1% 6.8% 0.00% 0.00% ·
Earnings Yield 12-point trend, -30.1% 18.6% 13.7% 11.3% 20.0% 36.8% 10.8% 38.5% 22.6% -23.1% -9.5% 33.1% 26.7%
Payout Ratio 9-point trend, +232.6% 40.6% 40.7% 98.8% 97.2% 35.7% 69.5% 31.9% 82.7% -30.6% · · ·
Annual Payout 11-point trend, +114146000.00 $114M $74M $84M $108M $99M $28M $36M $47M $19M $0 $0 ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.90B$1.53B$1.36B$1.44B$2.04B
Net Income $281M$181M$85M$111M$279M
Diluted EPS $15.82$10.24$4.96$6.52$16.43
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.00.00.0——

Latest News Recent headlines mentioning this company

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Institutional owners (13F) 32 filers · $714.7M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
0 (-2 vs prior Q) 11 (-357 vs prior Q) 1 (-14 vs prior Q) 3 (+2 vs prior Q) -330K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $675,249,720 1,987,724 94.48% Shares
Mesirow Institutional Investment Management, Inc. $10,905,582 36,358 1.53% Shares
Nuveen Asset Management, LLC $9,920,546 33,074 1.39% Shares
EFG Asset Management (North America) Corp. $4,329,807 12,464 0.61% Shares
KING LUTHER CAPITAL MANAGEMENT CORP $3,843,497 53,131 0.54% Shares
Orion Portfolio Solutions, LLC $3,777,694 15,254 0.53% Shares
WOLVERINE TRADING, LLC $1,707,580 4,842 0.24% Shares
Glenmede Investment Management, LP $1,193,992 3,441 0.17% Shares
Toroso Investments, LLC $575,469 1,694 0.08% Shares
Truepoint, Inc. $562,299 7,773 0.08% Shares
H D Vest Advisory Services $509,487 1,833 0.07% Shares
WOLVERINE TRADING, LLC $423,192 1,200 0.06% Call option
CIBC WORLD MARKETS CORP $393,384 1,158 0.06% Shares
SCHULHOFF & CO INC $392,950 5,432 0.05% Shares
CIBC Private Wealth Group LLC $270,999 781 0.04% Shares
WOLVERINE TRADING, LLC $246,862 700 0.03% Put option
FULLCIRCLE WEALTH LLC $240,064 735 0.03% Shares
Investors Research Corp $107,170 1,400 0.01% Shares
Greenwich Wealth Management LLC $30,441 420,805 0.00% Shares
PROEQUITIES, INC. $16,939 55 0.00% Shares
COMERICA BANK $15,128 45 0.00% Shares
FSA Wealth Management LLC $14,227 41 0.00% Shares
Cassady Schiller Wealth Management, LLC $4,799 16 0.00% Shares
Lindbrook Capital, LLC $3,220 13 0.00% Shares
West Oak Capital, LLC $520 150 0.00% Shares
Pineridge Advisors LLC $351 1 0.00% Shares
Parkworth Wealth Management, Inc. $278 1 0.00% Shares
SHELL ASSET MANAGEMENT CO $273 787 0.00% Shares
HUNTINGTON NATIONAL BANK $73 1 0.00% Shares
Harvest Fund Management Co., Ltd $70 912 0.00% Shares
Hemington Wealth Management $12 37 0.00% Shares
Motiv8 Investments LLC $2 6 0.00% Shares

Company insiders 54 insiders · 1 officers · 7 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Benjamin T May Head of Fixed Income Services May 15, 2008 A 37,967 0 0 $0
Ann C Gallo Director June 30, 2026 A 8,071 0 0 $0
Brian R Sterling Director June 30, 2026 A 104,910 0 0 $0
Philip Soran Director June 30, 2026 A 81,633 0 1 $-189,596
Robbin Mitchell Director June 12, 2026 A 15,755 0 0 $0
Scott C Taylor Director June 12, 2026 A 68,014 0 0 $0
Victoria M Holt Director June 12, 2026 A 31,863 0 0 $0
Stuart Essig Director May 20, 2026 A 2,575 0 0 $0
Thomas S Schreier JR — May 20, 2026 A 32,479 0 0 $0
Jean-Paul M Peltier — Feb. 26, 2026 F 37,587 0 0 $0
Jonathan J Doyle — Aug. 4, 2025 S 132,910 0 0 $0
Sherry M Smith — June 13, 2025 A 10,831 0 0 $0
William R Fitzgerald — June 13, 2025 A 25,517 0 0 $0
James P Baker — May 16, 2025 P 59,867 0 0 $0
Michael R Dillahunt — Feb. 27, 2025 F 19,487 0 0 $0
John W Geelan — Feb. 27, 2025 F 14,645 0 0 $0
Chad R Abraham — Feb. 27, 2025 F 53,558 0 0 $0
Debbra L. Schoneman — Feb. 27, 2025 F 7,774 0 0 $0
Katherine Patricia Clune — Feb. 16, 2025 F 13,256 0 0 $0
Timothy L Carter — Feb. 24, 2023 F 18,688 0 0 $0
Addison L Piper — March 12, 2021 A 31,542 0 0 $0
Scott R Larue — Feb. 25, 2021 G 51,732 0 0 $0
Kristine B Johnson — Dec. 13, 2019 A 11,794 0 0 $0
Andrew S Duff — Feb. 16, 2019 F 185,485 0 0 $0
Michele Volpi — May 17, 2018 F 12,342 0 0 $0
Francis E Fairman IV — Feb. 2, 2018 S 47,469 0 0 $0
Christopher D Crawshaw — Aug. 4, 2017 S 26,583 0 0 $0
Thomas Gregory Smith — July 31, 2017 S 15,279 0 0 $0
Martin Bradley Winges — July 28, 2017 S 46,133 0 0 $0
Christine N Esckilsen — May 22, 2017 M 8,425 0 0 $0
Jeffrey P Klinefelter — May 22, 2017 M 54,759 0 0 $0
Michael E Frazier — May 11, 2017 A 161,639 0 0 $0
Stuart C. Harvey JR — Nov. 8, 2016 P 4,000 0 0 $0
Lisa Polsky — May 13, 2015 A 14,254 0 0 $0
Michael Francis — Jan. 30, 2014 M 12,751 0 0 $0
Hope B Woodhouse — May 8, 2013 A 8,613 0 0 $0
Brien M O'Brien — Feb. 27, 2013 S 116,616 0 0 $0
Ronald T Firebaugh — May 15, 2012 A 41,000 0 0 $0
Robert W Peterson — May 15, 2012 A 102,760 0 0 $0
Jean M Taylor — May 9, 2012 A 9,483 0 0 $0
Frank L Sims — May 9, 2012 A 17,483 0 0 $0
James L Chosy — March 1, 2012 G 3,827 0 0 $0
Thomas P Schnettler — Feb. 15, 2011 A 167,249 0 0 $0
David I Wilson — May 15, 2010 F 37,087 0 0 $0
Virginia Gambale — May 5, 2010 A 3,033 0 0 $0
Alex Po-Ming Ko — Feb. 16, 2010 A 6,828 0 0 $0
Jon W Salveson — Feb. 16, 2010 A 125,444 0 0 $0
Samuel L Kaplan — May 7, 2009 A 3,000 0 0 $0
Richard A Zona — May 2, 2006 A 2,589 0 0 $0
Sandra G Sponem — Feb. 21, 2006 A 12,060 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 34 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
XSHQ · Invesco Exchange-Traded Fund Trust … 1.29% 55,400 SH Aug. 8, 2026 Daily
PSCF · Invesco Exchange-Traded Fund Trust … 1.09% 3,994 SH Aug. 8, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.90% 34,635 SH Aug. 8, 2026 Daily
IAI · iShares Trust 0.45% 81,917 SH Aug. 8, 2026 Daily
IWO · iShares Trust 0.33% 647,155 SH Aug. 8, 2026 Daily
QVMS · Invesco Exchange-Traded Fund Trust … 0.32% 11,077 SH Aug. 8, 2026 Daily
XJR · iShares Trust 0.31% 7,985 SH Aug. 8, 2026 Daily
IJT · iShares Trust 0.30% 338,817 SH Aug. 8, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.30% 75,680 SH Aug. 8, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.29% 43,436 SH Aug. 8, 2026 Daily
IJR · iShares Trust 0.27% 4,121,211 SH Aug. 8, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.26% 236,298 SH Aug. 8, 2026 Daily
IJS · iShares Trust 0.25% 276,716 SH Aug. 8, 2026 Daily
VIOV · VANGUARD ADMIRAL FUNDS 0.24% 65,961 SH Aug. 8, 2026 Daily
SMLF · iShares Trust 0.21% 121,248 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.17% 67,232 SH Aug. 8, 2026 Daily
IWM · iShares Trust 0.17% 1,809,864 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.16% 21,245 SH Aug. 8, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.15% 406,766 SH Aug. 8, 2026 Daily
RWJ · Invesco Exchange-Traded Fund Trust … 0.12% 34,320 SH Aug. 8, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.10% 982,508 SH Aug. 8, 2026 Daily
ESML · iShares Trust 0.09% 36,218 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.08% 2,996 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.06% 775,925 SH Aug. 8, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.06% 1,548,396 SH Aug. 8, 2026 Daily
VFH · VANGUARD WORLD FUND 0.06% 113,259 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.05% 4,304 SH Aug. 8, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.02% 276,833 SH Aug. 8, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.01% 2,139,588 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 5,724 SH Aug. 8, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 15,538 SH Aug. 8, 2026 Daily
ITOT · iShares Trust 0.01% 88,780 SH Aug. 8, 2026 Daily
IWV · iShares Trust 0.01% 18,112 SH Aug. 8, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 53,553 SH Aug. 8, 2026 Daily