Free · no sign-up · Q2 2026

Which funds own WAL

Western Alliance Bancorp in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $461m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 3; at least, of 91 current
Combined value: $461m; as reported
Opened: 0; new this quarter
Added to: 2; already held
Trimmed or sold out: 3; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
AQR Capital Management LLC Quantitative · $287bn book	$423m	0.1%	5,151,917	+$360m+4,244,622	Added
Bridgewater Associates LP Macro · $24.4bn book	$33m	0.1%	401,678	+$20m+210,878	Added
Quantbot Technologies LP Quantitative · $2.5bn book	$5.2m	0.2%	62,783	+$300k-5,412	Trimmed

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Farallon Capital Management LLC · Long/short equity$5.2m held before
Maverick Capital Ltd · Long/short equity$1.5m held before

Ownership through time

At least 8 of the 95 managers whose filings are on file listed WAL in Q2 2026, against 1 in Q3 2013. 6 managers fewer than in Q1 2026: 2 listed it again; 2 sold out, by their own filings; 6 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Invesco Ltd5,218,914 to 5,871,003 shares+$54m
Bridgewater Associates LP190,800 to 401,678 shares+$17m

Largest decreases, by shares

T. Rowe Price Associates Inc7,842,742 to 6,312,247 shares-$126m
Wellington Management Group LLP4,701,265 to 4,389,690 shares-$26m
Janus Henderson Group Ltd1,372,535 to 1,240,773 shares-$11m
Quantbot Technologies LP68,195 to 62,783 shares-$445k

Left it

Farallon Capital Management LLCwas $5.2m
Maverick Capital Ltdwas $1.5m

Manager	First listed	Largest	Q2 2026
T. Rowe Price Associates Inc	Q3 2013	$1.5bn	$519m
Invesco Ltd	Q1 2023	$522m	$483m
AQR Capital Management LLC	Q3 2021	$423m	$423m
Wellington Management Group LLP	Q1 2016	$502m	$361m
Janus Henderson Group Ltd	Q2 2023	$196m	$102m
Bridgewater Associates LP	Q3 2021	$33m	$33m
Quantbot Technologies LP	Q4 2014	$10.0m	$5.2m
Holocene Advisors LP	Q1 2018	$48m	$4.3m
Citadel Advisors LLC	Q3 2017	$207m	last listed Q4 2023
Millennium Management LLC	Q1 2014	$174m	last listed Q3 2021
Balyasny Asset Management LLC	Q1 2014	$103m	last listed Q3 2024
Marshall Wace LLP	Q4 2018	$92m	last listed Q4 2024
AllianceBernstein LP	Q4 2015	$85m	last listed Q1 2026
Arrowstreet Capital LP	Q2 2018	$60m	last listed Q1 2020
Schonfeld Strategic Advisors LLC	Q1 2017	$57m	last listed Q4 2023
Two Sigma Investments LP	Q3 2015	$56m	last listed Q1 2026
Point72 Asset Management LP	Q1 2017	$50m	last listed Q3 2024
Two Sigma Advisers LP	Q3 2015	$37m	last listed Q4 2025

What WAL is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around WAL →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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