Walker & Dunlop

WD • NYSE

Walker & Dunlop is a financial - mortgages company in the financial services sector on NYSE, led by William M. Walker, with a market cap of $2.1B. As of Q3 2025, 84% of shares are held by 277 institutional investors, with BlackRock, Inc. as the largest holder at 14.46%.

Chairman, Chief Executive Officer, and PresidentWilliam M. Walker

Market Cap$2.1B

Financial - Mortgages

Financial Services

Employees1.3K

Websitewalkerdunlop.com

Country

United States of America

Overview

Overview of institutional ownership in WD as of Q3 2025 with a market cap of $2.8B

All Institutions

Institutions: 277
Value Held: $2.4B
Shares Held: 28.8M
Avg Position: $8.7M
Median Position: $566.0K

Hedge Funds

Hedge Funds: 30
Value Held: $139.9M
Shares Held: 1.7M
Avg Position: $4.7M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

79.51%

$2.3B

Hedge Funds

4.91%

$139.9M

Retail & Other

15.57%

$443.7M

Based on market cap of $2.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in WD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$411.9M 0.01% of portfolio	14.46% 4.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$313.0M 0.00% of portfolio	10.99% 3.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$128.8M 0.06% of portfolio	4.52% 1.5M shares	Q1 2018 Held for 7y 8m	$218.74B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$122.0M 0.00% of portfolio	4.28% 1.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$106.9M 0.07% of portfolio	3.75% 1.3M shares	Q3 2022 Held for 3y 2m	$161.58B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$104.3M 0.02% of portfolio	3.66% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$100.2M 0.03% of portfolio	3.52% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$77.6M 0.05% of portfolio	2.72% 928.0K shares	Q4 2014 Held for 10y 11m	$158.22B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$66.7M 0.00% of portfolio	2.34% 797.9K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$53.4M 0.01% of portfolio	1.88% 638.9K shares	Q2 2016 Held for 9y 5m	$691.34B

Net Capital Flow

Institutional buying and selling activity for WD in Q3 2025

Traded: +$103.9M
Buyers: 165
Sellers: 118
Total Bought: +$261.3M
Total Sold: −$157.4M
Avg Position: $7.6M

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$35.9M +429.5K shares	$53.4M 638.9K shares
C Conversant Capital LLC Real Assets	+$29.5M +353.1K shares	$29.5M 353.1K shares
D DEPRINCE RACE & ZOLLO INC Long Only Manager	+$26.8M +320.4K shares	$44.9M 537.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$16.7M +200.1K shares	$23.8M 284.1K shares
Tributary Capital Management, LLC Long Only Manager	+$13.1M +156.9K shares	$27.2M 325.3K shares
NFJ INVESTMENT GROUP, LLC Long Only Manager	+$11.7M +140.3K shares	$14.2M 169.3K shares
Bank of New York Mellon Corp Institution	+$10.8M +128.8K shares	$37.5M 448.4K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$9.5M +113.3K shares	$100.2M 1.2M shares
JPMORGAN CHASE & CO Institution	+$8.3M +99.7K shares	$25.4M 303.2K shares
B BlackRock, Inc. Institution	+$6.5M +77.4K shares	$411.9M 4.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$29.5M −352.4K shares	$77.6M 928.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$8.3M −99.5K shares	$3.1M 36.8K shares
J JANE STREET GROUP, LLC Institution	−$8.3M −99.4K shares	$1.3M 15.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$7.0M −84.3K shares	$4.2M 50.7K shares
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	−$6.5M −92.6K shares	Sold Off 0 shares
Q Qube Research & Technologies Ltd Institution	−$5.7M −67.6K shares	$6.7M 79.9K shares
BANK OF AMERICA CORP /DE/ Institution	−$5.3M −63.7K shares	$31.8M 380.1K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	−$4.9M −69.3K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$4.9M −58.3K shares	$6.1M 72.6K shares
C Cubist Systematic Strategies, LLC Institution	−$4.7M −55.7K shares	$582.8K 7.0K shares

Entry and Exit Activity

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

New Positions: 13
New Value: $7.6M
Exited Positions: 40
Exited Value: $47.5M

New Positions

Institution	Position Value
H HEARTLAND ADVISORS INC Long Only Manager	$4.2M 50.0K shares
C Capitolis Liquid Global Markets LLC Private Equity	$2.7M 31.7K shares
F FIRST NATIONAL BANK OF OMAHA Institution	$424.8K 5.1K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$290.2K 3.5K shares
Strategic Advocates LLC RIA/Wealth	$22.2K 266.0 shares
S Salomon & Ludwin, LLC Institution	$12.2K 145.0 shares
O Optiver Holding B.V. Institution	$11.5K 138.0 shares
Point72 Europe LLP Digital Asset Manager	$9.9K 118.0 shares
R Root Financial Partners, LLC RIA/Wealth	$8.0K 96.0 shares
Sontag Advisory, LLC RIA/Wealth	$8.0K 96.0 shares

Exited Positions

Institution	Previous Position
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	$6.5M 92.6K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$4.9M 69.3K shares
Marshall Wace LLP Institution	$4.3M 60.8K shares
Lighthouse Investment Partners, LLC Fund of Funds	$4.2M 59.9K shares
Quantbot Technologies LLC Hedge Fund•Quant	$3.6M 50.6K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$3.0M 43.0K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$2.9M 40.7K shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	$2.5M 35.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.4M 34.6K shares
A Allianz Asset Management AG Institution	$2.1M 29.2K shares

Options Activity

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

Call Positions: 4
Call Value: $4.8M
Put Positions: 5
Put Value: $3.3M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.0M 358.0 contracts
J JANE STREET GROUP, LLC Institution	$1.0M 121.0 contracts
P PEAK6 LLC Institution	$760.9K 91.0 contracts
Walleye Trading LLC RIA/Wealth	$8.4K 1.0 contracts

Put Positions

Institution	Position Value
B Bayview Asset Management, LLC Hedge Fund•Multi-Strategy	$1.7M 200.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$518.4K 62.0 contracts
Walleye Trading LLC RIA/Wealth	$468.3K 56.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$401.4K 48.0 contracts
P PEAK6 LLC Institution	$242.5K 29.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C Conversant Capital LLC Real Assets	Bryant Daniels CFO	6.18% $29.5M	1.04% 353.1K shares	Q3 2025 Held for 2 months	$478.1M
F FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	George Hiland Baxter Managing Partner	4.05% $10.0M	0.35% 120.0K shares	Q3 2019 Held for 6y 2m	$247.7M
Nixon Capital, LLC Hedge Fund•Long/Short	Joseph Ray Nixon Chairman	2.85% $9.4M	0.33% 111.8K shares	Q3 2023 Held for 2y 2m	$328.7M
Q QSV Equity Investors LLC Institution	-	1.71% $1.7M	0.06% 20.0K shares	Q4 2023 Held for 1y 11m	$97.9M
D Davidson Kahn Capital Management, LLC RIA/Wealth	Adama Nmn Kah CEO	1.67% $3.0M	0.11% 35.9K shares	Q4 2024 Held for 11 months	$179.5M
Tributary Capital Management, LLC Long Only Manager	Mark Alan Wynegar President	1.29% $27.2M	0.95% 325.3K shares	Q1 2025 Held for 8 months	$2.1B
D DEPRINCE RACE & ZOLLO INC Long Only Manager	Jr. Victor Zollo CEO	0.89% $44.9M	1.58% 537.3K shares	Q1 2025 Held for 8 months	$5.0B
Kathmere Capital Management, LLC RIA/Wealth	Michael P Mcdermott President	0.82% $11.6M	0.41% 138.4K shares	Q3 2021 Held for 4y 2m	$1.4B
MOODY ALDRICH PARTNERS LLC Long Only Manager	Daniel Brook Wanzenberg CIO	0.78% $4.1M	0.14% 49.0K shares	Q2 2020 Held for 5y 5m	$527.2M
Carson Advisory Inc. RIA/Wealth	Richard John Chester President	0.58% $1.1M	0.04% 12.7K shares	Q4 2021 Held for 3y 11m	$183.8M

Hedge Fund Spotlight

Discover hedge funds investing in WD

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Walker & Dunlop

Market Value: $1.5M
Shares Held: 18.3K
Portfolio Weight: 0.00%
Owned Since: 2015-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%