Stifel Financial

SF • NYSE

Stifel Financial is a financial - capital markets company in the financial services sector on NYSE, led by Ronald James Kruszewski, with a market cap of $13.3B. As of Q3 2025, 86% of shares are held by 540 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.78%.

CEORonald James Kruszewski

Market Cap$13.3B

Financial - Capital Markets

Financial Services

Employees9.0K

Websitestifel.com

Country

United States of America

Overview

Overview of institutional ownership in SF as of Q3 2025 with a market cap of $11.6B

All Institutions

Institutions: 540
Value Held: $10.0B
Shares Held: 87.7M
Avg Position: $18.4M
Median Position: $960.8K

Hedge Funds

Hedge Funds: 54
Value Held: $839.5M
Shares Held: 7.4M
Avg Position: $15.5M
Median Position: $3.6M

Ownership Breakdown

Institutional (non-HF)

78.62%

$9.1B

Hedge Funds

7.24%

$839.5M

Retail & Other

14.14%

$1.6B

Based on market cap of $11.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	9.78% 10.0M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$1.1B 0.02% of portfolio	9.17% 9.4M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
FMR LLC Institution	-	$665.4M 0.03% of portfolio	5.74% 5.9M shares	Q1 2021 Held for 4y 9m	$1.92T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$391.7M 0.07% of portfolio	3.38% 3.5M shares	Q4 2019 Held for 6 years	$571.21B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$357.2M 0.01% of portfolio	3.08% 3.1M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
EARNEST PARTNERS LLC Long Only Manager	Paul Ernest Viera CEO	$320.7M 1.39% of portfolio	2.77% 2.8M shares	Q4 2013 Held for 12 years	$23.1B
Robeco Investment Management, Inc. Long Only Manager	Joseph Francis Feeney CEO	$269.1M 0.28% of portfolio	2.32% 2.4M shares	Q2 2016 Held for 9y 6m	$97.8B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$264.7M 0.24% of portfolio	2.28% 2.3M shares	Q1 2014 Held for 11y 9m	$109.37B
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$251.0M 0.05% of portfolio	2.16% 2.2M shares	Q4 2020 Held for 5 years	$532.36B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$231.5M 0.07% of portfolio	2.00% 2.0M shares	≤ Q2 2013 Held for 12y 6m+	$317.45B

Net Capital Flow

Institutional buying and selling activity for SF in Q3 2025

Traded: −$48.7M
Buyers: 302
Sellers: 190
Total Bought: +$778.7M
Total Sold: −$827.3M
Avg Position: $17.4M

Biggest Buyers

Institution	Net Bought	Current Position
Ceredex Value Advisors LLC Long Only Manager	+$56.1M +494.6K shares	$56.1M 494.6K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$47.5M +419.0K shares	$391.7M 3.5M shares
UBS Group AG Institution	+$43.1M +379.8K shares	$63.9M 563.4K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$35.6M +314.0K shares	$168.6M 1.5M shares
A Assenagon Asset Management S.A. Institution	+$35.6M +313.5K shares	$35.6M 313.5K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$28.0M +246.9K shares	$28.0M 246.9K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	+$26.9M +237.4K shares	$76.5M 673.7K shares
J JANE STREET GROUP, LLC Institution	+$20.6M +181.6K shares	$20.6M 181.6K shares
Q Qube Research & Technologies Ltd Institution	+$20.3M +178.7K shares	$35.8M 315.1K shares
A Amundi Institution	+$19.5M +172.3K shares	$23.1M 204.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$353.3M −3.1M shares	$665.4M 5.9M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$63.6M −560.2K shares	$163.1M 1.4M shares
VANGUARD GROUP INC Institution	−$43.2M −380.5K shares	$1.1B 10.0M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$40.2M −354.5K shares	$95.7M 843.4K shares
L LSV ASSET MANAGEMENT Long Only Manager	−$30.4M −293.1K shares	Sold Off 0 shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$19.9M −175.4K shares	$32.1M 282.7K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$19.5M −171.6K shares	$30.5M 269.2K shares
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	−$17.9M −157.9K shares	$57.6M 507.8K shares
Marshall Wace LLP Institution	−$15.9M −140.5K shares	$96.6M 851.5K shares
MORGAN STANLEY RIA/Wealth	−$13.9M −122.9K shares	$159.5M 1.4M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SF in Q3 2025

New Positions: 41
New Value: $102.5M
Exited Positions: 31
Exited Value: $65.5M

New Positions

Institution	Position Value
Ceredex Value Advisors LLC Long Only Manager	$56.1M 494.6K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	$15.6M 137.5K shares
P PINNBROOK CAPITAL MANAGEMENT LP Hedge Fund•Global Macro	$6.5M 57.6K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$4.3M 37.5K shares
Verdence Capital Advisors LLC RIA/Wealth	$4.0M 33.8K shares
S South Dakota Investment Council Institution	$3.3M 28.7K shares
B Brevan Howard Capital Management LP Institution	$2.2M 19.8K shares
Numerai GP LLC Hedge Fund•Quant	$2.0M 17.8K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	$1.3M 11.8K shares
O OSSIAM Institution	$1.1M 9.8K shares

Exited Positions

Institution	Previous Position
L LSV ASSET MANAGEMENT Long Only Manager	$30.4M 293.1K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$7.6M 73.1K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$5.2M 50.1K shares
A AXA Institution	$4.2M 40.8K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	$4.0M 39.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$3.1M 30.0K shares
W WESBANCO BANK INC Institution	$2.8M 27.2K shares
Janney Montgomery Scott LLC RIA/Wealth	$1.2M 12.0K shares
Diversified Trust Co RIA/Wealth	$1.2M 11.8K shares
P PEAK6 LLC Institution	$765.1K 7.4K shares

Options Activity

Institutions with the largest Call and Put options positions in SF as of Q3 2025

Call Positions: 7
Call Value: $15.2M
Put Positions: 3
Put Value: $408.5K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.4M 652.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.5M 309.0 contracts
J JANE STREET GROUP, LLC Institution	$3.0M 267.0 contracts
W WOLVERINE TRADING, LLC Institution	$792.9K 69.0 contracts
CITIGROUP INC Institution	$306.4K 27.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$113.5K 10.0 contracts
Walleye Trading LLC RIA/Wealth	$79.4K 7.0 contracts

Put Positions

Institution	Position Value
Walleye Trading LLC RIA/Wealth	$408.5K 36.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

Institutions with SF as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
PMC FIG Opportunities LLC Real Assets	John Charles Finch CEO	5.65% $3.5M	0.03% 31.1K shares	Q2 2025 Held for 6 months	$62.5M
Access Investment Management LLC RIA/Wealth	William Robert Casey President	4.34% $16.2M	0.14% 142.5K shares	Q2 2025 Held for 6 months	$372.1M
A Algebris Ltd Institution	-	3.49% $27.9M	0.24% 246.2K shares	Q4 2024 Held for 1 year	$799.8M
1492 Capital Management LLC Long Only Manager	Timothy Terrill Stracka Managing Partner	2.39% $6.0M	0.05% 52.6K shares	Q1 2023 Held for 2y 9m	$249.8M
Channing Capital Management, LLC Long Only Manager	Rodney Bernard Herenton CEO	2.29% $87.0M	0.75% 766.6K shares	≤ Q2 2013 Held for 12y 6m+	$3.8B
TANAKA CAPITAL MANAGEMENT INC RIA/Wealth	Graham Yoshio Tanaka President	2.11% $1.5M	0.01% 12.8K shares	Q3 2025 Held for 3 months	$68.8M
DELPHI MANAGEMENT INC /MA/ Long Only Manager	Scott Myles Black President	1.45% $1.5M	0.01% 12.8K shares	Q2 2023 Held for 2y 6m	$100.5M
EARNEST PARTNERS LLC Long Only Manager	Paul Ernest Viera CEO	1.39% $320.7M	2.77% 2.8M shares	Q4 2013 Held for 12 years	$23.1B
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	1.31% $3.3M	0.03% 29.5K shares	Q2 2024 Held for 1y 6m	$254.6M
Ceredex Value Advisors LLC Long Only Manager	George Robert Aylward CEO	1.30% $56.1M	0.48% 494.6K shares	Q3 2025 Held for 3 months	$4.3B

Hedge Fund Spotlight

Discover hedge funds investing in SF

AXQ CAPITAL, LP

Hedge Fund • Market Neutral

Portfolio ManagerTaro Hsu Kuriyama

Portfolio Value: $261.9M
Positions: 552
Last Reported: Q3 2025

Sector Allocation

Position in Stifel Financial

Market Value: $414.1K
Shares Held: 3.6K
Portfolio Weight: 0.16%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Dover DOV	Industrial - Machinery Industrials	$2.0M	0.75%
2 Arista Networks ANET	Computer Hardware Technology	$1.9M	0.72%
3 Vistra VST	Independent Power Producers Utilities	$1.9M	0.71%