13FPulse
WA

WAL WESTERN ALLIANCE BANCORP

2026Q2 · CUSIP 957638109 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
485
Institutions that reported holding it to the SEC
Net increase in holders
+38
Last quarter 447 → now 485
How unusual is that
Top 10%
Stronger buying than 92% of US stocks
What the filings say, in one paragraph

485 funds held WAL at the end of 2026Q2, up 38 from the quarter before. That is stronger buying than 92.3% of US stocks — among the most piled-into names this quarter. On the business itself, the P/E is 8.9x, return on equity is 12.5%. WAL has had 18 buying rushes in its history, and the price moved -0.5% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=138 2013Q4: holders=128 2014Q1: holders=152 2014Q2: holders=149 2014Q3: holders=154 2014Q4: holders=167 2015Q1: holders=186 2015Q2: holders=203 2015Q3: holders=204 2015Q4: holders=213 2016Q1: holders=239 2016Q2: holders=267 2016Q3: holders=254 2016Q4: holders=292 2017Q1: holders=293 2017Q2: holders=286 2017Q3: holders=298 2017Q4: holders=321 2018Q1: holders=319 2018Q2: holders=346 2018Q3: holders=338 2018Q4: holders=320 2019Q1: holders=335 2019Q2: holders=338 2019Q3: holders=339 2019Q4: holders=371 2020Q1: holders=315 2020Q2: holders=288 2020Q3: holders=295 2020Q4: holders=325 2021Q1: holders=369 2021Q2: holders=388 2021Q3: holders=396 2021Q4: holders=426 2022Q1: holders=399 2022Q2: holders=384 2022Q3: holders=367 2022Q4: holders=380 2023Q1: holders=328 2023Q2: holders=318 2023Q3: holders=339 2023Q4: holders=376 2024Q1: holders=385 2024Q2: holders=379 2024Q3: holders=417 2024Q4: holders=427 2025Q1: holders=416 2025Q2: holders=438 2025Q3: holders=443 2025Q4: holders=442 2026Q1: holders=447 2026Q2: holders=485 -56 -28 +0 +28 +56 115313510 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 18 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2025Q2 Top 20% +3.1% -5.2%
2024Q3 Top 10% -6.3% -2.1%
2023Q4 Top 20% -1.1% +7.4%
2023Q3 Top 10% +29.8% +25.9%
2021Q4 Top 20% -17.8% -23.8%
2021Q2 Top 20% +14.1% +24.2%
2021Q1 Top 10% -5.0% -2.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
202
Change in large funds
+17
Total value they hold
$8.0B
Funds buying for the first time
105
Funds that sold out entirely
67
Price change that quarter
+3.3%
Funds holding puts (bearish)
11
Funds holding calls (bullish)
9

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
8.9
EPS (TTM)
$8.88
EPS YoY
+16.8%
Revenue (TTM)
Revenue YoY
Net margin
ROE
12.5%
Debt ratio
91.8%
FCF (TTM)
Dividend (TTM)
$1.64
Quarterly Revenue & EPS
2021-09-30: EPS 2.28 2021-12-31: EPS 2.32 2022-03-31: EPS 2.22 2022-06-30: EPS 2.39 2022-09-30: EPS 2.42 2022-12-31: EPS 2.67 2023-03-31: EPS 1.28 2023-06-30: EPS 1.96 2023-09-30: EPS 1.97 2023-12-31: EPS 1.33 2024-03-31: EPS 1.60 2024-06-30: EPS 1.75 2024-09-30: EPS 1.80 2024-12-31: EPS 1.94 2025-03-31: EPS 1.79 2025-06-30: EPS 2.07 2025-09-30: EPS 2.28 2025-12-31: EPS 2.59 2026-03-31: EPS 1.65 2026-06-30: EPS 2.36 0.00 1.47 2.94 20212022202320242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 9 3 9 14 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.