Underwriting, Legal and Auditor
League Tables
Below are the yearly and quarterly SPAC IPO league tables. All data is initially shown ranked by volume, but the columns are sort-able by clicking on the arrow keys in the column headers.
Additionally, If you would like to see the commentary for each league table release, you can access the Underwriting and Legal Table Pages via these links:
Underwriting League Legal League Auditor League
- Financial Advisor YTD 2022
- Capital Markets Advisor YTD 2022
- Legal Advisor YTD 2022
- Financial Advisor FY 2021
- Capital Markets Advisor FY 2021
- Legal Advisor FY 2021
- Financial Advisor FY 2020
- Capital Markets Advisor FY 2020
- Legal Advisor FY 2020
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | A-Labs Advisory & Finance Ltd. | 1,277.0 | 1.7 | 1 | 0 | 0.0 | 1 | 1,277.0 | 1,277.0 |
| 1 | Alliance Global Partners | 1,277.0 | 1.7 | 1 | 1 | 1,277.0 | 0 | 0.0 | 1,277.0 |
| 1 | ARC Group Limited | 934.9 | 1.3 | 2 | 2 | 934.9 | 0 | 0.0 | 467.5 |
| 1 | Axiom Capital Management, Inc. | 140.0 | 0.2 | 1 | 1 | 140.0 | 0 | 0.0 | 140.0 |
| 1 | Barclays | 4,162.0 | 5.7 | 4 | 2 | 1,715.0 | 2 | 2,447.0 | 1,040.5 |
| 1 | BofA Securities, Inc. | 222.0 | 0.3 | 1 | 0 | 0.0 | 1 | 222.0 | 222.0 |
| 1 | Bridgeway Capital Partners | 175.0 | 0.2 | 1 | 0 | 0.0 | 1 | 175.0 | 175.0 |
| 1 | BTIG | 352.7 | 0.5 | 1 | 1 | 352.7 | 0 | 0.0 | 352.7 |
| 1 | Canaccord Genuity LLC | 1,769.0 | 2.4 | 2 | 1 | 1,323.0 | 1 | 446.0 | 884.5 |
| 1 | Cantor Fitzgerald | 1,500.0 | 2.0 | 1 | 0 | 0.0 | 1 | 1,500.0 | 1,500.0 |
| 1 | Chardan | 1,377.5 | 1.9 | 4 | 4 | 1,377.5 | 0 | 0.0 | 344.4 |
| 1 | Citigroup | 12,247.0 | 16.7 | 3 | 2 | 10,412.0 | 1 | 1,835.0 | 4,082.3 |
| 1 | ClearThink Capital LLC | 140.0 | 0.2 | 1 | 0 | 0.0 | 1 | 140.0 | 140.0 |
| 1 | Cohen & Company | 1,323.0 | 1.8 | 1 | 1 | 1,323.0 | 0 | 0.0 | 1,323.0 |
| 1 | Cowen and Company | 1,752.7 | 2.4 | 3 | 1 | 884.0 | 2 | 868.7 | 584.2 |
| 1 | Credit Suisse | 1,330.0 | 1.8 | 2 | 2 | 1,330.0 | 0 | 0.0 | 665.0 |
| 1 | Deutsche Bank Securities | 2,075.0 | 2.8 | 2 | 0 | 0.0 | 2 | 2,075.0 | 1,037.5 |
| 1 | EarlyBird Capital, Inc. | 140.0 | 0.2 | 1 | 1 | 140.0 | 0 | 0.0 | 140.0 |
| 1 | Evercore ISI | 3,135.0 | 4.3 | 2 | 1 | 1,815.0 | 1 | 1,320.0 | 1,567.5 |
| 1 | FTI Consulting | 222.0 | 0.3 | 1 | 1 | 222.0 | 0 | 0.0 | 222.0 |
| 1 | Galaxy Digital Partners LLC | 1,250.0 | 1.7 | 1 | 1 | 1,250.0 | 0 | 0.0 | 1,250.0 |
| 1 | Goldman Sachs | 2,269.0 | 3.1 | 2 | 1 | 1,250.0 | 1 | 1,019.0 | 1,134.5 |
| 1 | Gordon Pointe Capital | 168.0 | 0.2 | 1 | 0 | 0.0 | 1 | 168.0 | 168.0 |
| 1 | H.C. Wainwright & Co. | 449.0 | 0.6 | 1 | 0 | 0.0 | 1 | 449.0 | 449.0 |
| 1 | Houlihan Lokey | 369.0 | 0.5 | 1 | 1 | 369.0 | 0 | 0.0 | 369.0 |
| 1 | I-Bankers | 1,727.0 | 2.3 | 2 | 2 | 1,727.0 | 0 | 0.0 | 863.5 |
| 1 | J.P. Morgan | 2,984.0 | 4.1 | 2 | 1 | 1,706.0 | 1 | 1,278.0 | 1,492.0 |
| 1 | Jefferies | 646.0 | 0.9 | 1 | 1 | 646.0 | 0 | 0.0 | 646.0 |
| 1 | Jones Trading | 175.0 | 0.2 | 1 | 1 | 175.0 | 0 | 0.0 | 175.0 |
| 1 | Ladenburg Thalmann & Co. | 205.4 | 0.3 | 1 | 1 | 205.4 | 0 | 0.0 | 205.4 |
| 1 | LifeSci Capital | 69.2 | 0.1 | 1 | 1 | 69.2 | 0 | 0.0 | 69.2 |
| 1 | Maxim Group | 903.7 | 1.2 | 5 | 2 | 373.3 | 3 | 530.4 | 180.7 |
| 1 | Morgan Stanley | 2,215.7 | 3.0 | 3 | 1 | 352.7 | 2 | 1,863.0 | 738.6 |
| 1 | Oakvale Capital | 696.0 | 0.9 | 1 | 0 | 0.0 | 1 | 696.0 | 696.0 |
| 1 | Oppenheimer & Co. | 2,570.0 | 3.5 | 3 | 0 | 0.0 | 3 | 2,570.0 | 856.7 |
| 1 | PJT Partners | 9,312.0 | 12.7 | 1 | 0 | 0.0 | 1 | 9,312.0 | 9,312.0 |
| 1 | RBC Capital Markets | 369.0 | 0.5 | 1 | 1 | 369.0 | 0 | 0.0 | 369.0 |
| 1 | RedEight Capital Limited | 140.0 | 0.2 | 1 | 1 | 140.0 | 0 | 0.0 | 140.0 |
| 1 | Skyway Capital Markets LLC | 85.0 | 0.1 | 1 | 1 | 85.0 | 0 | 0.0 | 85.0 |
| 1 | Solomon Partners Securities, LLC | 168.0 | 0.2 | 1 | 0 | 0.0 | 1 | 168.0 | 168.0 |
| 1 | Stephens Inc. | 2,406.0 | 3.3 | 2 | 2 | 2,406.0 | 0 | 0.0 | 1,203.0 |
| 1 | Stifel, Nicolaus & Company | 3,116.1 | 4.2 | 4 | 1 | 884.0 | 3 | 2,232.1 | 779.0 |
| 1 | SVB Leerink | 884.0 | 1.2 | 1 | 1 | 884.0 | 0 | 0.0 | 884.0 |
| 1 | The Raine Group LLC | 2,088.9 | 2.8 | 1 | 0 | 0.0 | 1 | 2,088.9 | 2,088.9 |
| 1 | Truist Securities | 1,317.0 | 1.8 | 3 | 2 | 950.0 | 1 | 367.0 | 439.0 |
| 1 | US Tiger Securities | 294.1 | 0.4 | 1 | 1 | 294.1 | 0 | 0.0 | 294.1 |
| 1 | Wells Fargo Securities, LLC | 1,086.0 | 1.5 | 1 | 0 | 0.0 | 1 | 1,086.0 | 1,086.0 |
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ARC Group Limited | 279.9 | 0.5 | 1 | 1 | 279.9 | 0 | 0.0 | 279.9 |
| 1 | Barclays | 3,143.0 | 6.1 | 3 | 1 | 696.0 | 2 | 2,447.0 | 1,047.7 |
| 1 | BofA Securities, Inc. | 2,351.0 | 4.6 | 2 | 2 | 2,351.0 | 0 | 0.0 | 1,175.5 |
| 1 | BTIG | 367.0 | 0.7 | 1 | 0 | 0.0 | 1 | 367.0 | 367.0 |
| 1 | Cantor Fitzgerald | 5,026.1 | 9.8 | 7 | 7 | 5,026.1 | 0 | 0.0 | 718.0 |
| 1 | Chardan | 2,517.8 | 4.9 | 3 | 3 | 2,517.8 | 0 | 0.0 | 839.3 |
| 1 | Citigroup | 4,682.0 | 9.1 | 3 | 2 | 2,847.0 | 1 | 1,835.0 | 1,560.7 |
| 1 | Cowen and Company | 1,400.0 | 2.7 | 2 | 1 | 884.0 | 1 | 516.0 | 700.0 |
| 1 | Credit Suisse | 12,658.0 | 24.6 | 5 | 4 | 12,142.0 | 1 | 516.0 | 2,531.6 |
| 1 | EF Hutton | 882.1 | 1.7 | 2 | 2 | 882.1 | 0 | 0.0 | 441.1 |
| 1 | Evercore ISI | 3,135.0 | 6.1 | 2 | 1 | 1,815.0 | 1 | 1,320.0 | 1,567.5 |
| 1 | Goldman Sachs | 3,065.0 | 6.0 | 2 | 2 | 3,065.0 | 0 | 0.0 | 1,532.5 |
| 1 | I-Bankers Securities, Inc. | 367.0 | 0.7 | 1 | 1 | 367.0 | 0 | 0.0 | 367.0 |
| 1 | J.P. Morgan | 672.1 | 1.3 | 1 | 1 | 672.1 | 0 | 0.0 | 672.1 |
| 1 | Ladenburg Thalmann | 318.0 | 0.6 | 1 | 1 | 318.0 | 0 | 0.0 | 318.0 |
| 1 | LifeSci Capital | 69.2 | 0.1 | 1 | 1 | 69.2 | 0 | 0.0 | 69.2 |
| 1 | Maxim Group | 151.3 | 0.3 | 1 | 0 | 0.0 | 1 | 151.3 | 151.3 |
| 1 | Moelis & Company LLC | 416.1 | 0.8 | 1 | 0 | 0.0 | 1 | 416.1 | 416.1 |
| 1 | Oppenheimer & Co. | 354.0 | 0.7 | 1 | 0 | 0.0 | 1 | 354.0 | 354.0 |
| 1 | RBC Capital Markets | 369.0 | 0.7 | 1 | 1 | 369.0 | 0 | 0.0 | 369.0 |
| 1 | Revere Securities LLC | 2,500.0 | 4.9 | 1 | 1 | 2,500.0 | 0 | 0.0 | 2,500.0 |
| 1 | Stephens Inc. | 1,086.0 | 2.1 | 1 | 1 | 1,086.0 | 0 | 0.0 | 1,086.0 |
| 1 | Stifel, Nicolaus & Company | 1,970.0 | 3.8 | 2 | 1 | 884.0 | 1 | 1,086.0 | 985.0 |
| 1 | SVB Leerink | 884.0 | 1.7 | 1 | 1 | 884.0 | 0 | 0.0 | 884.0 |
| 1 | Truist Securities | 367.0 | 0.7 | 1 | 0 | 0.0 | 1 | 367.0 | 367.0 |
| 1 | UBS Investment Bank | 1,347.0 | 2.6 | 1 | 1 | 1,347.0 | 0 | 0.0 | 1,347.0 |
| 1 | Wells Fargo Securities, LLC | 1,086.0 | 2.1 | 1 | 0 | 0.0 | 1 | 1,086.0 | 1,086.0 |
| Rank | Law Firm | Value ($mm) | % Mkt Share | Avg Size ($mm) | Deal Count (Total) | Buy Side Count | Buy Side Value ($mm) | Sell Side Count | Sell Side Value ($mm) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Advokatfirmaet Thommessen AS | 222.0 | 0.2 | 222.0 | 1 | 0 | 0.0 | 1 | 222.0 |
| 1 | Allen & Overy LLP | 1,250.0 | 0.9 | 1,250.0 | 1 | 1 | 1,250.0 | 0 | 0.0 |
| 1 | Anderson Mori & Tomotsune | 1,250.0 | 0.9 | 1,250.0 | 1 | 0 | 0.0 | 1 | 1,250.0 |
| 1 | Arent Fox LLP | 2,073.0 | 1.5 | 1,036.5 | 2 | 2 | 2,073.0 | 0 | 0.0 |
| 1 | Arthur Cox | 672.1 | 0.5 | 672.1 | 1 | 1 | 672.1 | 0 | 0.0 |
| 1 | B C Burr McCabe Law | 205.4 | 0.1 | 205.4 | 1 | 0 | 0.0 | 1 | 205.4 |
| 1 | Bae, Kim & Lee LLC | 205.4 | 0.1 | 205.4 | 1 | 0 | 0.0 | 1 | 205.4 |
| 1 | Blake, Cassels & Graydon LLP | 1,347.0 | 1.0 | 1,347.0 | 1 | 0 | 0.0 | 1 | 1,347.0 |
| 1 | Brownstein Hyatt Farber Schreck, LLP | 500.1 | 0.4 | 500.1 | 1 | 1 | 500.1 | 0 | 0.0 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 1,026.1 | 0.7 | 513.1 | 2 | 1 | 672.1 | 1 | 354.0 |
| 1 | Clifford Chance LLP | 9,312.0 | 6.7 | 9,312.0 | 1 | 0 | 0.0 | 1 | 9,312.0 |
| 1 | Cooley LLP | 2,773.9 | 2.0 | 924.6 | 3 | 0 | 0.0 | 3 | 2,773.9 |
| 1 | Covington & Burling LLP | 1,815.0 | 1.3 | 1,815.0 | 1 | 0 | 0.0 | 1 | 1,815.0 |
| 1 | David Waller, Esq. | 227.1 | 0.2 | 227.1 | 1 | 0 | 0.0 | 1 | 227.1 |
| 1 | Davis Polk & Wardwell LLP | 3,932.0 | 2.8 | 983.0 | 4 | 2 | 1,465.0 | 2 | 2,467.0 |
| 1 | Day Pitney LLP | 294.1 | 0.2 | 294.1 | 1 | 0 | 0.0 | 1 | 294.1 |
| 1 | De Brauw Blackstone Westbroek N.V. | 1,250.0 | 0.9 | 1,250.0 | 1 | 0 | 0.0 | 1 | 1,250.0 |
| 1 | DLA Piper LLP | 1,857.3 | 1.3 | 619.1 | 3 | 2 | 357.3 | 1 | 1,500.0 |
| 1 | Donald T. Emmi, Esq. | 227.1 | 0.2 | 227.1 | 1 | 0 | 0.0 | 1 | 227.1 |
| 1 | Dorsey & Whitney LLP | 69.2 | 0.0 | 69.2 | 1 | 0 | 0.0 | 1 | 69.2 |
| 1 | Ellenoff Grossman & Schole LLP | 1,747.0 | 1.3 | 436.8 | 4 | 4 | 1,747.0 | 0 | 0.0 |
| 1 | Faegre Drinker Biddle & Reath LLP | 416.1 | 0.3 | 416.1 | 1 | 0 | 0.0 | 1 | 416.1 |
| 1 | Fenwick & West LLP | 195.0 | 0.1 | 195.0 | 1 | 0 | 0.0 | 1 | 195.0 |
| 1 | Fondia | 672.1 | 0.5 | 672.1 | 1 | 0 | 0.0 | 1 | 672.1 |
| 1 | Goodwin Procter LLP | 516.0 | 0.4 | 516.0 | 1 | 0 | 0.0 | 1 | 516.0 |
| 1 | Graubard Miller | 195.0 | 0.1 | 195.0 | 1 | 1 | 195.0 | 0 | 0.0 |
| 1 | Greenberg Traurig, LLP | 1,498.3 | 1.1 | 749.2 | 2 | 2 | 1,498.3 | 0 | 0.0 |
| 1 | Gross & Co | 632.0 | 0.5 | 632.0 | 1 | 0 | 0.0 | 1 | 632.0 |
| 1 | Hannes Snellman | 672.1 | 0.5 | 672.1 | 1 | 1 | 672.1 | 0 | 0.0 |
| 1 | Harney Westwood & Riegels | 3,220.5 | 2.3 | 1,610.3 | 2 | 0 | 0.0 | 2 | 3,220.5 |
| 1 | Harris Beach PLLC | 696.0 | 0.5 | 696.0 | 1 | 0 | 0.0 | 1 | 696.0 |
| 1 | Holland & Knight LLP | 1,320.0 | 0.9 | 1,320.0 | 1 | 0 | 0.0 | 1 | 1,320.0 |
| 1 | Hughes Hubbard & Reed LLP | 939.0 | 0.7 | 939.0 | 1 | 1 | 939.0 | 0 | 0.0 |
| 1 | Jun He Law Offices LLC | 2,237.0 | 1.6 | 1,118.5 | 2 | 0 | 0.0 | 2 | 2,237.0 |
| 1 | K&L Gates LLP | 1,278.0 | 0.9 | 1,278.0 | 1 | 0 | 0.0 | 1 | 1,278.0 |
| 1 | Kaufman & Canoles, P.C. | 583.0 | 0.4 | 583.0 | 1 | 0 | 0.0 | 1 | 583.0 |
| 1 | King & Spalding LLP | 1,086.0 | 0.8 | 1,086.0 | 1 | 1 | 1,086.0 | 0 | 0.0 |
| 1 | Kirkland & Ellis LLP | 12,800.8 | 9.2 | 2,133.5 | 6 | 3 | 2,382.1 | 3 | 10,418.7 |
| 1 | Latham & Watkins LLP | 6,282.0 | 4.5 | 1,047.0 | 6 | 2 | 2,207.0 | 4 | 4,075.0 |
| 1 | Lewis Brisbois Bisgaard & Smith LLP | 449.0 | 0.3 | 449.0 | 1 | 0 | 0.0 | 1 | 449.0 |
| 1 | Littler Mendelson P.C. | 1,250.0 | 0.9 | 1,250.0 | 1 | 1 | 1,250.0 | 0 | 0.0 |
| 1 | Loeb & Loeb LLP | 11,649.0 | 8.4 | 776.6 | 15 | 14 | 11,497.7 | 1 | 151.3 |
| 1 | Maples Group | 894.1 | 0.6 | 447.1 | 2 | 2 | 894.1 | 0 | 0.0 |
| 1 | Matheson and Conyers | 672.1 | 0.5 | 672.1 | 1 | 0 | 0.0 | 1 | 672.1 |
| 1 | Mayer Brown | 480.3 | 0.3 | 480.3 | 1 | 0 | 0.0 | 1 | 480.3 |
| 1 | McDermott Will & Emery LLP | 354.0 | 0.3 | 354.0 | 1 | 1 | 354.0 | 0 | 0.0 |
| 1 | Meister Seelig & Fein LLP | 175.0 | 0.1 | 175.0 | 1 | 0 | 0.0 | 1 | 175.0 |
| 1 | Meitar Liquornik Geva Leshem Tal | 632.0 | 0.5 | 632.0 | 1 | 1 | 632.0 | 0 | 0.0 |
| 1 | Milbank LLP | 2,310.9 | 1.7 | 1,155.5 | 2 | 1 | 2,088.9 | 1 | 222.0 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 2,003.0 | 1.4 | 1,001.5 | 2 | 0 | 0.0 | 2 | 2,003.0 |
| 1 | Mitchell Silberberg & Knupp | 369.0 | 0.3 | 369.0 | 1 | 0 | 0.0 | 1 | 369.0 |
| 1 | Mori Hamada & Matsumoto | 1,250.0 | 0.9 | 1,250.0 | 1 | 1 | 1,250.0 | 0 | 0.0 |
| 1 | Morrison & Foerster LLP | 632.0 | 0.5 | 632.0 | 1 | 1 | 632.0 | 0 | 0.0 |
| 1 | Nelson Mullins Riley & Scarborough LLP | 2,852.0 | 2.0 | 570.4 | 5 | 5 | 2,852.0 | 0 | 0.0 |
| 1 | O'Melveny & Myers LLP | 940.1 | 0.7 | 470.1 | 2 | 0 | 0.0 | 2 | 940.1 |
| 1 | Parsons Beble & Latimer | 500.1 | 0.4 | 500.1 | 1 | 0 | 0.0 | 1 | 500.1 |
| 1 | Paul Hastings LLP | 2,740.0 | 2.0 | 1,370.0 | 2 | 1 | 1,100.0 | 1 | 1,640.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 1,347.0 | 1.0 | 1,347.0 | 1 | 0 | 0.0 | 1 | 1,347.0 |
| 1 | Pearl Cohen Zedek Latzer Baratz | 1,277.0 | 0.9 | 1,277.0 | 1 | 0 | 0.0 | 1 | 1,277.0 |
| 1 | Perkins Coie LLP | 672.1 | 0.5 | 672.1 | 1 | 0 | 0.0 | 1 | 672.1 |
| 1 | Reed Smith LLP | 1,323.0 | 1.0 | 1,323.0 | 1 | 0 | 0.0 | 1 | 1,323.0 |
| 1 | Rimon P.C. | 279.9 | 0.2 | 279.9 | 1 | 0 | 0.0 | 1 | 279.9 |
| 1 | Robinson & Cole LLP | 294.1 | 0.2 | 294.1 | 1 | 1 | 294.1 | 0 | 0.0 |
| 1 | Schiff Hardin LLP | 1,418.0 | 1.0 | 709.0 | 2 | 1 | 1,278.0 | 1 | 140.0 |
| 1 | Seyfarth Shaw LLP | 655.0 | 0.5 | 655.0 | 1 | 0 | 0.0 | 1 | 655.0 |
| 1 | Sichenzia Ross Ference LLP | 2,500.0 | 1.8 | 2,500.0 | 1 | 0 | 0.0 | 1 | 2,500.0 |
| 1 | Simpson Thacher & Bartlett LLP | 2,750.0 | 2.0 | 1,375.0 | 2 | 1 | 1,500.0 | 1 | 1,250.0 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 9,812.1 | 7.0 | 4,906.1 | 2 | 2 | 9,812.1 | 0 | 0.0 |
| 1 | Squire Patton Boggs | 1,100.0 | 0.8 | 1,100.0 | 1 | 1 | 1,100.0 | 0 | 0.0 |
| 1 | Stikeman Elliott LLP | 1,347.0 | 1.0 | 1,347.0 | 1 | 1 | 1,347.0 | 0 | 0.0 |
| 1 | Stinson LLP | 369.0 | 0.3 | 369.0 | 1 | 0 | 0.0 | 1 | 369.0 |
| 1 | Sullivan & Cromwell LLP | 1,019.0 | 0.7 | 1,019.0 | 1 | 0 | 0.0 | 1 | 1,019.0 |
| 1 | Sullivan & Worcester LLP | 1,277.0 | 0.9 | 1,277.0 | 1 | 1 | 1,277.0 | 0 | 0.0 |
| 1 | Wachtell, Lipton, Rosen & Katz | 3,437.0 | 2.5 | 1,145.7 | 3 | 2 | 2,351.0 | 1 | 1,086.0 |
| 1 | Weil, Gotshal & Manges LLP | 884.0 | 0.6 | 884.0 | 1 | 0 | 0.0 | 1 | 884.0 |
| 1 | White & Case LLP | 3,834.0 | 2.8 | 1,278.0 | 3 | 2 | 2,511.0 | 1 | 1,323.0 |
| 1 | Wilson Sonsini Goodrich & Rosati | 4,311.4 | 3.1 | 1,077.9 | 4 | 0 | 0.0 | 4 | 4,311.4 |
| 1 | Winthrop & Weinstine, P.A. | 416.1 | 0.3 | 416.1 | 1 | 0 | 0.0 | 1 | 416.1 |
| 1 | Woolery & Co. | 1,278.0 | 0.9 | 1,278.0 | 1 | 1 | 1,278.0 | 0 | 0.0 |
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ABN AMRO Securities LLC | 356.0 | 0.0 | 1 | 1 | 356.0 | 0 | 0.0 | 356.0 |
| 1 | Ackrell Capital, LLC | 900.0 | 0.1 | 1 | 0 | 0.0 | 1 | 900.0 | 900.0 |
| 1 | Allen & Company | 32,938.0 | 2.1 | 5 | 1 | 1,053.0 | 4 | 31,885.0 | 6,587.6 |
| 1 | Appleby Capital | 556.0 | 0.0 | 1 | 0 | 0.0 | 1 | 556.0 | 556.0 |
| 1 | ARC Group Limited | 507.1 | 0.0 | 1 | 1 | 507.1 | 0 | 0.0 | 507.1 |
| 1 | Ardea Partners LP | 4,916.0 | 0.3 | 2 | 0 | 0.0 | 2 | 4,916.0 | 2,458.0 |
| 1 | B. Riley Securities | 1,423.0 | 0.1 | 2 | 2 | 1,423.0 | 0 | 0.0 | 711.5 |
| 1 | Barclays | 88,042.5 | 5.7 | 28 | 15 | 59,694.7 | 13 | 28,347.8 | 3,144.4 |
| 1 | BDT & Company | 1,711.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,711.0 | 1,711.0 |
| 1 | BMO Capital Markets | 3,276.0 | 0.2 | 2 | 2 | 3,276.0 | 0 | 0.0 | 1,638.0 |
| 1 | BofA Securities, Inc. | 51,187.0 | 3.3 | 24 | 11 | 29,501.0 | 13 | 21,686.0 | 2,132.8 |
| 1 | Broadhaven | 2,362.0 | 0.2 | 1 | 0 | 0.0 | 1 | 2,362.0 | 2,362.0 |
| 1 | Brookline Capital Markets | 300.0 | 0.0 | 1 | 0 | 0.0 | 1 | 300.0 | 300.0 |
| 1 | BTG Pactual | 1,125.0 | 0.1 | 1 | 1 | 1,125.0 | 0 | 0.0 | 1,125.0 |
| 1 | BTIG | 7,843.0 | 0.5 | 5 | 2 | 3,529.0 | 3 | 4,314.0 | 1,568.6 |
| 1 | Canaccord Genuity LLC | 2,112.0 | 0.1 | 2 | 1 | 1,230.0 | 1 | 882.0 | 1,056.0 |
| 1 | Cantor Fitzgerald | 8,126.8 | 0.5 | 6 | 4 | 5,433.8 | 2 | 2,693.0 | 1,354.5 |
| 1 | Centerview Partners | 3,563.0 | 0.2 | 1 | 0 | 0.0 | 1 | 3,563.0 | 3,563.0 |
| 1 | Chardan | 3,810.0 | 0.2 | 8 | 7 | 2,613.0 | 1 | 1,197.0 | 476.3 |
| 1 | China Renaissance Securities | 4,081.4 | 0.3 | 1 | 0 | 0.0 | 1 | 4,081.4 | 4,081.4 |
| 1 | Citigroup | 130,703.2 | 8.5 | 41 | 12 | 28,588.0 | 29 | 102,115.2 | 3,187.9 |
| 1 | Cohen & Company | 5,813.0 | 0.4 | 3 | 2 | 4,116.0 | 1 | 1,697.0 | 1,937.7 |
| 1 | Connaught | 8,691.0 | 0.6 | 2 | 2 | 8,691.0 | 0 | 0.0 | 4,345.5 |
| 1 | Cowen and Company | 24,013.5 | 1.6 | 15 | 6 | 8,989.8 | 9 | 15,023.7 | 1,600.9 |
| 1 | Credit Suisse | 86,621.0 | 5.6 | 40 | 18 | 33,463.0 | 22 | 53,158.0 | 2,165.5 |
| 1 | deNovo Corporate Advisors | 220.0 | 0.0 | 1 | 1 | 220.0 | 0 | 0.0 | 220.0 |
| 1 | Deutsche Bank Securities | 68,356.0 | 4.4 | 21 | 17 | 64,242.0 | 4 | 4,114.0 | 3,255.0 |
| 1 | Drake Star Partners | 1,477.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,477.0 | 1,477.0 |
| 1 | Duff & Phelps Securities, LLC | 507.1 | 0.0 | 1 | 0 | 0.0 | 1 | 507.1 | 507.1 |
| 1 | EarlyBirdCapital, Inc. | 4,050.6 | 0.3 | 6 | 6 | 4,050.6 | 0 | 0.0 | 675.1 |
| 1 | EF Hutton | 992.7 | 0.1 | 1 | 1 | 992.7 | 0 | 0.0 | 992.7 |
| 1 | Evercore ISI | 61,938.0 | 4.0 | 11 | 2 | 6,095.0 | 9 | 55,843.0 | 5,630.7 |
| 1 | Evolution Media Capital | 713.0 | 0.0 | 1 | 0 | 0.0 | 1 | 713.0 | 713.0 |
| 1 | Exos | 1,654.0 | 0.1 | 2 | 1 | 1,100.0 | 1 | 554.0 | 827.0 |
| 1 | Financial Technology Partners | 8,469.0 | 0.6 | 4 | 0 | 0.0 | 4 | 8,469.0 | 2,117.3 |
| 1 | FTP Securities | 1,601.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,601.0 | 1,601.0 |
| 1 | Global Leisure Partners | 3,134.0 | 0.2 | 1 | 1 | 3,134.0 | 0 | 0.0 | 3,134.0 |
| 1 | Goldman Sachs | 167,336.2 | 10.9 | 47 | 20 | 72,218.4 | 27 | 95,117.8 | 3,560.3 |
| 1 | Greenhill & Co, LLC | 4,674.0 | 0.3 | 3 | 2 | 3,549.0 | 1 | 1,125.0 | 1,558.0 |
| 1 | Guggenheim Securities | 34,203.8 | 2.2 | 10 | 2 | 22,934.0 | 8 | 11,269.8 | 3,420.4 |
| 1 | Harris Williams | 828.7 | 0.1 | 1 | 0 | 0.0 | 1 | 828.7 | 828.7 |
| 1 | Houlihan Lokey | 20,584.0 | 1.3 | 5 | 4 | 18,181.0 | 1 | 2,403.0 | 4,116.8 |
| 1 | HSBC | 2,560.0 | 0.2 | 1 | 0 | 0.0 | 1 | 2,560.0 | 2,560.0 |
| 1 | I-Bankers | 320.5 | 0.0 | 1 | 1 | 320.5 | 0 | 0.0 | 320.5 |
| 1 | Imperial Capital | 808.0 | 0.1 | 1 | 0 | 0.0 | 1 | 808.0 | 808.0 |
| 1 | J.P. Morgan | 140,663.1 | 9.2 | 47 | 17 | 36,993.8 | 30 | 103,669.3 | 2,992.8 |
| 1 | Jefferies | 49,102.4 | 3.2 | 28 | 11 | 16,411.5 | 17 | 32,690.9 | 1,753.7 |
| 1 | JonesTrading Institutional Sevicers | 640.0 | 0.0 | 1 | 1 | 640.0 | 0 | 0.0 | 640.0 |
| 1 | Keefe, Bruyette & Woods | 32,634.0 | 2.1 | 1 | 0 | 0.0 | 1 | 32,634.0 | 32,634.0 |
| 1 | KPMG | 2,466.0 | 0.2 | 2 | 1 | 615.0 | 1 | 1,851.0 | 1,233.0 |
| 1 | Ladenburg Thalmann & Co. | 320.5 | 0.0 | 1 | 0 | 0.0 | 1 | 320.5 | 320.5 |
| 1 | Lake Street Capital Markets | 1,100.0 | 0.1 | 1 | 1 | 1,100.0 | 0 | 0.0 | 1,100.0 |
| 1 | Lazard | 7,420.9 | 0.5 | 6 | 0 | 0.0 | 6 | 7,420.9 | 1,236.8 |
| 1 | LifeSci Capital | 1,177.7 | 0.1 | 2 | 2 | 1,177.7 | 0 | 0.0 | 588.9 |
| 1 | Lincoln International LLC | 3,300.0 | 0.2 | 1 | 1 | 3,300.0 | 0 | 0.0 | 3,300.0 |
| 1 | LionTree Advisors | 13,899.0 | 0.9 | 6 | 3 | 7,979.0 | 3 | 5,920.0 | 2,316.5 |
| 1 | M. Klein and Company | 713.0 | 0.0 | 1 | 0 | 0.0 | 1 | 713.0 | 713.0 |
| 1 | Maison Placements Canada | 1,706.0 | 0.1 | 1 | 1 | 1,706.0 | 0 | 0.0 | 1,706.0 |
| 1 | Maxim Group | 1,781.9 | 0.1 | 2 | 2 | 1,781.9 | 0 | 0.0 | 891.0 |
| 1 | Mediobanca | 3,171.0 | 0.2 | 1 | 1 | 3,171.0 | 0 | 0.0 | 3,171.0 |
| 1 | Merrill Lynch | 1,350.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,350.0 | 1,350.0 |
| 1 | Miller Buckfire | 2,622.0 | 0.2 | 1 | 0 | 0.0 | 1 | 2,622.0 | 2,622.0 |
| 1 | Moelis & Company LLC | 20,446.4 | 1.3 | 13 | 11 | 18,814.0 | 2 | 1,632.4 | 1,572.8 |
| 1 | Morgan Stanley | 159,915.4 | 10.4 | 37 | 15 | 49,472.0 | 22 | 110,443.4 | 4,322.0 |
| 1 | Needham & Company | 2,250.0 | 0.1 | 1 | 1 | 2,250.0 | 0 | 0.0 | 2,250.0 |
| 1 | Nomura Greentech | 40,239.0 | 2.6 | 8 | 5 | 36,032.0 | 3 | 4,207.0 | 5,029.9 |
| 1 | Numis | 7,000.0 | 0.5 | 1 | 0 | 0.0 | 1 | 7,000.0 | 7,000.0 |
| 1 | Oakvale Capital | 4,643.0 | 0.3 | 1 | 0 | 0.0 | 1 | 4,643.0 | 4,643.0 |
| 1 | Odeon Capital | 3,024.0 | 0.2 | 1 | 0 | 0.0 | 1 | 3,024.0 | 3,024.0 |
| 1 | Oppenheimer & Co. | 5,634.3 | 0.4 | 4 | 2 | 2,228.0 | 2 | 3,406.3 | 1,408.6 |
| 1 | Perella Weinberg Partners | 4,907.2 | 0.3 | 3 | 0 | 0.0 | 3 | 4,907.2 | 1,635.7 |
| 1 | Piper Sandler & Co. | 3,527.0 | 0.2 | 4 | 3 | 2,440.0 | 1 | 1,087.0 | 881.8 |
| 1 | PJ Solomon | 2,732.0 | 0.2 | 2 | 0 | 0.0 | 2 | 2,732.0 | 1,366.0 |
| 1 | PJT Partners | 36,822.0 | 2.4 | 12 | 4 | 14,142.0 | 8 | 22,680.0 | 3,068.5 |
| 1 | Raymond James | 9,822.0 | 0.6 | 6 | 1 | 2,394.0 | 5 | 7,428.0 | 1,637.0 |
| 1 | RBC Capital Markets | 2,867.0 | 0.2 | 2 | 2 | 2,867.0 | 0 | 0.0 | 1,433.5 |
| 1 | RMG | 2,622.0 | 0.2 | 1 | 1 | 2,622.0 | 0 | 0.0 | 2,622.0 |
| 1 | Roth Capital Partners | 127.7 | 0.0 | 1 | 0 | 0.0 | 1 | 127.7 | 127.7 |
| 1 | Rothschild & Co. | 9,468.0 | 0.6 | 3 | 3 | 9,468.0 | 0 | 0.0 | 3,156.0 |
| 1 | SE-Succursale Italiana | 3,171.0 | 0.2 | 1 | 1 | 3,171.0 | 0 | 0.0 | 3,171.0 |
| 1 | SHUAA Capital | 220.0 | 0.0 | 1 | 0 | 0.0 | 1 | 220.0 | 220.0 |
| 1 | Solomon Partners Securities, LLC | 5,354.0 | 0.3 | 2 | 2 | 5,354.0 | 0 | 0.0 | 2,677.0 |
| 1 | Spencer House Partners LLP | 1,087.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,087.0 | 1,087.0 |
| 1 | Stifel, Nicolaus & Company | 10,731.1 | 0.7 | 9 | 1 | 1,325.3 | 8 | 9,405.8 | 1,192.3 |
| 1 | SVB Leerink | 2,797.6 | 0.2 | 4 | 2 | 1,207.6 | 2 | 1,590.0 | 699.4 |
| 1 | The Benchmark Company, LLC | 300.0 | 0.0 | 1 | 0 | 0.0 | 1 | 300.0 | 300.0 |
| 1 | The Klein Group | 1,206.0 | 0.1 | 1 | 1 | 1,206.0 | 0 | 0.0 | 1,206.0 |
| 1 | The Raine Group LLC | 3,994.0 | 0.3 | 2 | 1 | 1,060.0 | 1 | 2,934.0 | 1,997.0 |
| 1 | ThinkEquity LLC | 3,134.0 | 0.2 | 1 | 1 | 3,134.0 | 0 | 0.0 | 3,134.0 |
| 1 | TPG Capital BD | 5,145.0 | 0.3 | 2 | 2 | 5,145.0 | 0 | 0.0 | 2,572.5 |
| 1 | Truist Securities | 882.9 | 0.1 | 2 | 0 | 0.0 | 2 | 882.9 | 441.5 |
| 1 | UBS Investment Bank | 32,009.0 | 2.1 | 11 | 9 | 27,727.0 | 2 | 4,282.0 | 2,909.9 |
| 1 | Union Square Advisors | 842.0 | 0.1 | 1 | 0 | 0.0 | 1 | 842.0 | 842.0 |
| 1 | Very Wise Consulting | 228.0 | 0.0 | 1 | 0 | 0.0 | 1 | 228.0 | 228.0 |
| 1 | Wedbush PacGrow | 550.0 | 0.0 | 1 | 0 | 0.0 | 1 | 550.0 | 550.0 |
| 1 | Wells Fargo Securities | 9,613.0 | 0.6 | 5 | 3 | 7,040.0 | 2 | 2,573.0 | 1,922.6 |
| 1 | William Blair | 11,851.9 | 0.8 | 9 | 4 | 5,484.8 | 5 | 6,367.1 | 1,316.9 |
| 1 | XMS Capital Partners, LLC | 4,341.0 | 0.3 | 1 | 1 | 4,341.0 | 0 | 0.0 | 4,341.0 |
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Alvarium Investment Advisors | 2,106.0 | 0.3 | 1 | 1 | 2,106.0 | 0 | 0.0 | 2,106.0 |
| 1 | B. Riley Securities | 5,165.5 | 0.7 | 6 | 6 | 5,165.5 | 0 | 0.0 | 860.9 |
| 1 | Barclays | 41,785.5 | 5.7 | 18 | 10 | 24,090.7 | 8 | 17,694.8 | 2,321.4 |
| 1 | BMO Capital Markets | 290.0 | 0.0 | 1 | 1 | 290.0 | 0 | 0.0 | 290.0 |
| 1 | BofA Securities, Inc. | 16,995.0 | 2.3 | 11 | 8 | 11,725.0 | 3 | 5,270.0 | 1,545.0 |
| 1 | BTIG | 12,931.7 | 1.8 | 10 | 6 | 7,874.7 | 4 | 5,057.0 | 1,293.2 |
| 1 | Cantor Fitzgerald | 30,663.2 | 4.2 | 19 | 19 | 30,663.2 | 0 | 0.0 | 1,613.9 |
| 1 | Chardan | 526.0 | 0.1 | 1 | 1 | 526.0 | 0 | 0.0 | 526.0 |
| 1 | Citigroup | 87,155.0 | 11.9 | 28 | 21 | 69,218.0 | 7 | 17,937.0 | 3,112.7 |
| 1 | Cohen & Company | 1,300.0 | 0.2 | 1 | 0 | 0.0 | 1 | 1,300.0 | 1,300.0 |
| 1 | Collier Securities | 320.5 | 0.0 | 1 | 1 | 320.5 | 0 | 0.0 | 320.5 |
| 1 | Cowen and Company | 32,178.3 | 4.4 | 14 | 8 | 22,733.8 | 6 | 9,444.5 | 2,298.5 |
| 1 | Craig-Hallum Capital Group LLC | 962.3 | 0.1 | 3 | 3 | 962.3 | 0 | 0.0 | 320.8 |
| 1 | Credit Suisse | 80,094.0 | 10.9 | 41 | 22 | 42,344.0 | 19 | 37,750.0 | 1,953.5 |
| 1 | Deutsche Bank Securities | 69,166.0 | 9.4 | 23 | 21 | 67,240.0 | 2 | 1,926.0 | 3,007.2 |
| 1 | EarlyBirdCapital, Inc. | 5,591.3 | 0.8 | 5 | 5 | 5,591.3 | 0 | 0.0 | 1,118.3 |
| 1 | EF Hutton | 992.7 | 0.1 | 1 | 1 | 992.7 | 0 | 0.0 | 992.7 |
| 1 | Evercore ISI | 17,829.3 | 2.4 | 6 | 2 | 5,565.3 | 4 | 12,264.0 | 2,971.6 |
| 1 | Fifth Third Securities | 1,623.0 | 0.2 | 1 | 0 | 0.0 | 1 | 1,623.0 | 1,623.0 |
| 1 | Financial Technology Partners | 3,300.0 | 0.5 | 1 | 0 | 0.0 | 1 | 3,300.0 | 3,300.0 |
| 1 | Global Leisure Partners | 3,134.0 | 0.4 | 1 | 1 | 3,134.0 | 0 | 0.0 | 3,134.0 |
| 1 | Goldman Sachs | 19,549.0 | 2.7 | 7 | 7 | 19,549.0 | 0 | 0.0 | 2,792.7 |
| 1 | Greenhill & Co, LLC | 1,125.0 | 0.2 | 1 | 0 | 0.0 | 1 | 1,125.0 | 1,125.0 |
| 1 | Guggenheim Securities | 21,592.0 | 2.9 | 7 | 3 | 16,395.0 | 4 | 5,197.0 | 3,084.6 |
| 1 | Imperial Capital | 266.0 | 0.0 | 1 | 1 | 266.0 | 0 | 0.0 | 266.0 |
| 1 | J.P. Morgan | 45,250.1 | 6.2 | 16 | 11 | 27,982.1 | 5 | 17,268.0 | 2,828.1 |
| 1 | Jefferies | 41,958.6 | 5.7 | 28 | 20 | 32,548.8 | 8 | 9,409.8 | 1,498.5 |
| 1 | JMP Securities | 2,402.3 | 0.3 | 3 | 2 | 801.3 | 1 | 1,601.0 | 800.8 |
| 1 | JonesTrading Institutional Sevicers | 640.0 | 0.1 | 1 | 1 | 640.0 | 0 | 0.0 | 640.0 |
| 1 | JVB Financial | 3,100.0 | 0.4 | 1 | 1 | 3,100.0 | 0 | 0.0 | 3,100.0 |
| 1 | Ladenburg Thalmann | 1,147.0 | 0.2 | 2 | 1 | 822.0 | 1 | 325.0 | 573.5 |
| 1 | Lake Street | 184.0 | 0.0 | 1 | 0 | 0.0 | 1 | 184.0 | 184.0 |
| 1 | LifeSci Capital | 127.7 | 0.0 | 1 | 1 | 127.7 | 0 | 0.0 | 127.7 |
| 1 | LionTree Advisors | 1,900.0 | 0.3 | 1 | 1 | 1,900.0 | 0 | 0.0 | 1,900.0 |
| 1 | Mizuho Securities | 419.0 | 0.1 | 1 | 1 | 419.0 | 0 | 0.0 | 419.0 |
| 1 | Moelis & Company LLC | 2,235.0 | 0.3 | 2 | 2 | 2,235.0 | 0 | 0.0 | 1,117.5 |
| 1 | Morgan Stanley | 25,275.0 | 3.5 | 7 | 5 | 13,893.0 | 2 | 11,382.0 | 3,610.7 |
| 1 | Needham & Company | 4,511.0 | 0.6 | 6 | 5 | 4,295.1 | 1 | 215.9 | 751.8 |
| 1 | Nomura Securities International, Inc. | 33,274.0 | 4.5 | 2 | 2 | 33,274.0 | 0 | 0.0 | 16,637.0 |
| 1 | Northland Securities | 9,709.4 | 1.3 | 2 | 2 | 9,709.4 | 0 | 0.0 | 4,854.7 |
| 1 | Oppenheimer & Co. | 4,969.9 | 0.7 | 5 | 3 | 2,075.9 | 2 | 2,894.0 | 994.0 |
| 1 | Perella Weinberg Partners | 639.2 | 0.1 | 1 | 0 | 0.0 | 1 | 639.2 | 639.2 |
| 1 | Piper Sandler & Co. | 3,149.6 | 0.4 | 3 | 1 | 909.4 | 2 | 2,240.2 | 1,049.9 |
| 1 | PJT Partners | 1,552.0 | 0.2 | 2 | 1 | 556.0 | 1 | 996.0 | 776.0 |
| 1 | Raymond James | 4,105.0 | 0.6 | 2 | 2 | 4,105.0 | 0 | 0.0 | 2,052.5 |
| 1 | RBC Capital Markets | 2,867.0 | 0.4 | 2 | 2 | 2,867.0 | 0 | 0.0 | 1,433.5 |
| 1 | Robert W. Baird & Co. | 2,934.0 | 0.4 | 1 | 1 | 2,934.0 | 0 | 0.0 | 2,934.0 |
| 1 | Solomon Partners Securities, LLC | 554.0 | 0.1 | 1 | 1 | 554.0 | 0 | 0.0 | 554.0 |
| 1 | Stifel, Nicolaus & Company | 13,600.6 | 1.9 | 10 | 5 | 8,704.3 | 5 | 4,896.3 | 1,360.1 |
| 1 | SVB Leerink | 6,887.6 | 0.9 | 3 | 1 | 657.6 | 2 | 6,230.0 | 2,295.9 |
| 1 | The Benchmark Company, LLC | 382.3 | 0.1 | 1 | 1 | 382.3 | 0 | 0.0 | 382.3 |
| 1 | ThinkEquity LLC | 4,043.4 | 0.6 | 2 | 2 | 4,043.4 | 0 | 0.0 | 2,021.7 |
| 1 | TPG Capital BD | 5,145.0 | 0.7 | 2 | 2 | 5,145.0 | 0 | 0.0 | 2,572.5 |
| 1 | Truist Securities | 6,960.0 | 1.0 | 3 | 1 | 667.0 | 2 | 6,293.0 | 2,320.0 |
| 1 | UBS Investment Bank | 33,955.0 | 4.6 | 13 | 12 | 32,844.0 | 1 | 1,111.0 | 2,611.9 |
| 1 | Union Square Advisors LLC | 3,049.0 | 0.4 | 2 | 1 | 1,106.0 | 1 | 1,943.0 | 1,524.5 |
| 1 | Wells Fargo Securities | 3,087.3 | 0.4 | 3 | 3 | 3,087.3 | 0 | 0.0 | 1,029.1 |
| 1 | William Blair | 5,764.3 | 0.8 | 5 | 2 | 2,017.0 | 3 | 3,747.3 | 1,152.9 |
| Rank | Law Firm | Value ($mm) | % Mkt Share | Avg Size ($mm) | Deal Count (Total) | Buy Side Count | Buy Side Value ($mm) | Sell Side Count | Sell Side Value ($mm) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Advokatfirmaet BAHR AS | 529.0 | 0.0 | 529.0 | 1 | 0 | 0.0 | 1 | 529.0 |
| 1 | Akin Gump Strauss Hauer & Feld LLP | 5,000.0 | 0.4 | 2,500.0 | 2 | 1 | 3,425.0 | 1 | 1,575.0 |
| 1 | Allen & Overy LLP | 3,623.0 | 0.3 | 3,623.0 | 1 | 0 | 0.0 | 1 | 3,623.0 |
| 1 | Alston & Bird LLP | 356.0 | 0.0 | 356.0 | 1 | 0 | 0.0 | 1 | 356.0 |
| 1 | Arnold & Porter Kaye Scholer LLP | 2,891.0 | 0.2 | 1,445.5 | 2 | 1 | 800.0 | 1 | 2,091.0 |
| 1 | Arthur Cox | 356.0 | 0.0 | 356.0 | 1 | 1 | 356.0 | 0 | 0.0 |
| 1 | Baker & McKenzie LLP | 9,321.0 | 0.7 | 4,660.5 | 2 | 1 | 6,732.0 | 1 | 2,589.0 |
| 1 | Bass, Berry & Sims PLC | 639.2 | 0.0 | 639.2 | 1 | 0 | 0.0 | 1 | 639.2 |
| 1 | Becker & Poliakoff, LLP | 1,170.5 | 0.1 | 390.2 | 3 | 3 | 1,170.5 | 0 | 0.0 |
| 1 | Benesch, Friedlander, Coplan & Aronoff LLP | 275.0 | 0.0 | 275.0 | 1 | 0 | 0.0 | 1 | 275.0 |
| 1 | Bennett Jones LLP | 2,231.0 | 0.2 | 2,231.0 | 1 | 1 | 2,231.0 | 0 | 0.0 |
| 1 | Blank Rome LLP | 5,776.8 | 0.4 | 2,888.4 | 2 | 2 | 5,776.8 | 0 | 0.0 |
| 1 | BraunHagey & Borden LLP | 1,530.0 | 0.1 | 1,530.0 | 1 | 1 | 1,530.0 | 0 | 0.0 |
| 1 | Buchalter, P.C. | 1,001.0 | 0.1 | 1,001.0 | 1 | 0 | 0.0 | 1 | 1,001.0 |
| 1 | Cadwalader, Wickersham & Taft LLP | 12,628.0 | 0.9 | 4,209.3 | 3 | 3 | 12,628.0 | 0 | 0.0 |
| 1 | Chiomenti | 3,171.0 | 0.2 | 3,171.0 | 1 | 1 | 3,171.0 | 0 | 0.0 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 2,376.0 | 0.2 | 1,188.0 | 2 | 2 | 2,376.0 | 0 | 0.0 |
| 1 | Clifford Chance LLP | 1,757.0 | 0.1 | 878.5 | 2 | 1 | 1,404.0 | 1 | 353.0 |
| 1 | CMS | 4,999.0 | 0.4 | 2,499.5 | 2 | 1 | 4,643.0 | 1 | 356.0 |
| 1 | Cohen Tauber Spievack & Wagner P.C. | 299.6 | 0.0 | 299.6 | 1 | 0 | 0.0 | 1 | 299.6 |
| 1 | Cooley LLP | 43,558.7 | 3.1 | 2,074.2 | 21 | 3 | 11,427.0 | 18 | 32,131.7 |
| 1 | Corrs Chambers Westgarth | 1,404.0 | 0.1 | 1,404.0 | 1 | 0 | 0.0 | 1 | 1,404.0 |
| 1 | Covington & Burling LLP | 4,400.0 | 0.3 | 2,200.0 | 2 | 1 | 3,300.0 | 1 | 1,100.0 |
| 1 | Cozen O’Connor C.P. | 2,934.0 | 0.2 | 2,934.0 | 1 | 0 | 0.0 | 1 | 2,934.0 |
| 1 | Cravath, Swaine & Moore LLP | 1,133.0 | 0.1 | 1,133.0 | 1 | 0 | 0.0 | 1 | 1,133.0 |
| 1 | Cuatrecasas, Gonçalves Pereira, S.L.P. | 1,477.0 | 0.1 | 1,477.0 | 1 | 1 | 1,477.0 | 0 | 0.0 |
| 1 | Davis Polk & Wardwell LLP | 45,122.7 | 3.2 | 2,374.9 | 19 | 9 | 12,771.7 | 10 | 32,351.0 |
| 1 | Dechert LLP | 555.0 | 0.0 | 555.0 | 1 | 0 | 0.0 | 1 | 555.0 |
| 1 | Dentons US LLP | 1,416.8 | 0.1 | 472.3 | 3 | 3 | 1,416.8 | 0 | 0.0 |
| 1 | DLA Piper LLP | 49,541.4 | 3.5 | 3,302.8 | 15 | 6 | 39,287.0 | 9 | 10,254.4 |
| 1 | Dorsey & Whitney LLP | 822.0 | 0.1 | 822.0 | 1 | 0 | 0.0 | 1 | 822.0 |
| 1 | Duff & Phelps, LLC | 2,713.0 | 0.2 | 2,713.0 | 1 | 0 | 0.0 | 1 | 2,713.0 |
| 1 | Ellenoff Grossman & Schole LLP | 13,754.7 | 1.0 | 982.5 | 14 | 13 | 11,687.7 | 1 | 2,067.0 |
| 1 | Ernst & Young | 1,404.0 | 0.1 | 1,404.0 | 1 | 0 | 0.0 | 1 | 1,404.0 |
| 1 | Fasken Martineau DuMoulin LLP | 2,378.0 | 0.2 | 2,378.0 | 1 | 0 | 0.0 | 1 | 2,378.0 |
| 1 | FBC & Co | 650.0 | 0.0 | 650.0 | 1 | 1 | 650.0 | 0 | 0.0 |
| 1 | Fenwick & West LLP | 10,353.0 | 0.7 | 2,070.6 | 5 | 0 | 0.0 | 5 | 10,353.0 |
| 1 | Foley & Lardner LLP | 170.0 | 0.0 | 170.0 | 1 | 0 | 0.0 | 1 | 170.0 |
| 1 | Foley Hoag LLP | 2,427.0 | 0.2 | 1,213.5 | 2 | 0 | 0.0 | 2 | 2,427.0 |
| 1 | Fox Rothschild LLP | 127.7 | 0.0 | 127.7 | 1 | 0 | 0.0 | 1 | 127.7 |
| 1 | Freshfields Bruckhaus Deringer LLP | 8,099.0 | 0.6 | 4,049.5 | 2 | 0 | 0.0 | 2 | 8,099.0 |
| 1 | Fried, Frank, Harris, Shriver & Jacobson LLP | 4,350.0 | 0.3 | 2,175.0 | 2 | 0 | 0.0 | 2 | 4,350.0 |
| 1 | Friedman Kaplan Seiler & Adelman LLP | 850.0 | 0.1 | 850.0 | 1 | 0 | 0.0 | 1 | 850.0 |
| 1 | FWMK Law Offices | 1,100.0 | 0.1 | 1,100.0 | 1 | 0 | 0.0 | 1 | 1,100.0 |
| 1 | Gennari Aronson, LLP | 777.0 | 0.1 | 777.0 | 1 | 1 | 777.0 | 0 | 0.0 |
| 1 | Gibson, Dunn & Crutcher LLP | 12,315.1 | 0.9 | 1,368.3 | 9 | 6 | 7,852.1 | 3 | 4,463.0 |
| 1 | Goldfarb Seligman & Co. | 25,928.0 | 1.8 | 4,321.3 | 6 | 4 | 14,328.0 | 2 | 11,600.0 |
| 1 | Goodwin Procter LLP | 46,966.0 | 3.3 | 1,878.6 | 25 | 7 | 7,470.5 | 18 | 39,495.5 |
| 1 | Gornitzky & Co | 1,100.5 | 0.1 | 1,100.5 | 1 | 1 | 1,100.5 | 0 | 0.0 |
| 1 | Graubard Miller | 2,988.3 | 0.2 | 996.1 | 3 | 3 | 2,988.3 | 0 | 0.0 |
| 1 | Greenberg Traurig, LLP | 18,812.0 | 1.3 | 2,090.2 | 9 | 7 | 16,837.0 | 2 | 1,975.0 |
| 1 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP | 1,543.8 | 0.1 | 771.9 | 2 | 0 | 0.0 | 2 | 1,543.8 |
| 1 | Hannes Snellman | 20,000.0 | 1.4 | 20,000.0 | 1 | 1 | 20,000.0 | 0 | 0.0 |
| 1 | Herzog, Fox & Neeman | 6,454.0 | 0.5 | 3,227.0 | 2 | 1 | 1,811.0 | 1 | 4,643.0 |
| 1 | Hogan Lovells US LLP | 897.0 | 0.1 | 897.0 | 1 | 0 | 0.0 | 1 | 897.0 |
| 1 | Houthoff | 1,477.0 | 0.1 | 1,477.0 | 1 | 1 | 1,477.0 | 0 | 0.0 |
| 1 | Hughes Hubbard & Reed LLP | 9,174.0 | 0.6 | 1,834.8 | 5 | 5 | 9,174.0 | 0 | 0.0 |
| 1 | Hunton Andrews Kurth LLP | 1,274.0 | 0.1 | 1,274.0 | 1 | 0 | 0.0 | 1 | 1,274.0 |
| 1 | Husch Blackwell LLP | 4,545.0 | 0.3 | 4,545.0 | 1 | 1 | 4,545.0 | 0 | 0.0 |
| 1 | J.P. Galda & Co | 127.7 | 0.0 | 127.7 | 1 | 0 | 0.0 | 1 | 127.7 |
| 1 | Jones Day | 507.1 | 0.0 | 507.1 | 1 | 0 | 0.0 | 1 | 507.1 |
| 1 | K&L Gates LLP | 1,617.0 | 0.1 | 808.5 | 2 | 1 | 897.0 | 1 | 720.0 |
| 1 | Katten Muchin Rosenman LLP | 842.0 | 0.1 | 842.0 | 1 | 1 | 842.0 | 0 | 0.0 |
| 1 | Kellerhals Carrard Basel KIG | 360.0 | 0.0 | 360.0 | 1 | 1 | 360.0 | 0 | 0.0 |
| 1 | King & Spalding LLP | 7,146.0 | 0.5 | 2,382.0 | 3 | 2 | 3,246.0 | 1 | 3,900.0 |
| 1 | Kirkland & Ellis LLP | 132,964.9 | 9.3 | 2,890.5 | 46 | 30 | 79,340.2 | 16 | 53,624.7 |
| 1 | KPPB Law | 507.1 | 0.0 | 507.1 | 1 | 0 | 0.0 | 1 | 507.1 |
| 1 | Kramer Levin Naftalis & Frankel LLP | 964.0 | 0.1 | 964.0 | 1 | 1 | 964.0 | 0 | 0.0 |
| 1 | Latham & Watkins LLP | 128,388.2 | 9.0 | 2,292.6 | 56 | 10 | 14,779.6 | 46 | 113,608.6 |
| 1 | Linklaters LLP | 2,425.0 | 0.2 | 1,212.5 | 2 | 2 | 2,425.0 | 0 | 0.0 |
| 1 | Loeb & Loeb LLP | 13,447.8 | 0.9 | 896.5 | 15 | 14 | 13,147.8 | 1 | 300.0 |
| 1 | Loyens & Loeff N.V. | 9,999.0 | 0.7 | 4,999.5 | 2 | 1 | 8,522.0 | 1 | 1,477.0 |
| 1 | Maples and Calder LLP | 400.0 | 0.0 | 400.0 | 1 | 0 | 0.0 | 1 | 400.0 |
| 1 | Maples Group | 716.0 | 0.1 | 358.0 | 2 | 1 | 356.0 | 1 | 360.0 |
| 1 | Mattos Filho | 3,087.0 | 0.2 | 1,543.5 | 2 | 2 | 3,087.0 | 0 | 0.0 |
| 1 | Mayer Brown LLP | 2,056.0 | 0.1 | 2,056.0 | 1 | 1 | 2,056.0 | 0 | 0.0 |
| 1 | McCarter & English, LLP | 1,054.0 | 0.1 | 1,054.0 | 1 | 0 | 0.0 | 1 | 1,054.0 |
| 1 | McCarthy Tétrault | 1,099.0 | 0.1 | 1,099.0 | 1 | 0 | 0.0 | 1 | 1,099.0 |
| 1 | McDermott Will & Emery LLP | 1,599.6 | 0.1 | 799.8 | 2 | 1 | 299.6 | 1 | 1,300.0 |
| 1 | Meitar | Law Offices | 14,155.0 | 1.0 | 2,831.0 | 5 | 0 | 0.0 | 5 | 14,155.0 |
| 1 | Milbank LLP | 5,003.0 | 0.4 | 1,667.7 | 3 | 2 | 2,414.0 | 1 | 2,589.0 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 5,421.8 | 0.4 | 1,084.4 | 5 | 1 | 419.0 | 4 | 5,002.8 |
| 1 | Morgan Lewis & Bockius, LLP | 23,449.6 | 1.6 | 2,931.2 | 8 | 4 | 17,700.0 | 4 | 5,749.6 |
| 1 | Morrison & Foerster LLP | 777.0 | 0.1 | 777.0 | 1 | 0 | 0.0 | 1 | 777.0 |
| 1 | NautaDutilh | 2,650.0 | 0.2 | 2,650.0 | 1 | 0 | 0.0 | 1 | 2,650.0 |
| 1 | Nelson Mullins Riley & Scarborough | 882.0 | 0.1 | 882.0 | 1 | 1 | 882.0 | 0 | 0.0 |
| 1 | Norton Rose Fulbright | 220.0 | 0.0 | 220.0 | 1 | 0 | 0.0 | 1 | 220.0 |
| 1 | O'Melveny & Myers LLP | 6,142.0 | 0.4 | 1,535.5 | 4 | 0 | 0.0 | 4 | 6,142.0 |
| 1 | Ogier | 4,481.4 | 0.3 | 2,240.7 | 2 | 2 | 4,481.4 | 0 | 0.0 |
| 1 | Okada Manila Schulte Roth & Zabel | 2,589.0 | 0.2 | 2,589.0 | 1 | 1 | 2,589.0 | 0 | 0.0 |
| 1 | Orrick Herrington & Sutcliffe LLP | 9,264.0 | 0.7 | 1,852.8 | 5 | 1 | 757.0 | 4 | 8,507.0 |
| 1 | Ortoli Rosenstadt LLP | 320.5 | 0.0 | 320.5 | 1 | 0 | 0.0 | 1 | 320.5 |
| 1 | Paul Hastings LLP | 6,302.0 | 0.4 | 900.3 | 7 | 4 | 3,942.0 | 3 | 2,360.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 20,762.0 | 1.5 | 2,306.9 | 9 | 5 | 14,929.0 | 4 | 5,833.0 |
| 1 | Pérez-Llorca | 353.0 | 0.0 | 353.0 | 1 | 1 | 353.0 | 0 | 0.0 |
| 1 | Pestalozzi Attorneys at Law Ltd | 360.0 | 0.0 | 360.0 | 1 | 0 | 0.0 | 1 | 360.0 |
| 1 | Pillsbury Winthrop Shaw Pittman LLP | 2,363.0 | 0.2 | 1,181.5 | 2 | 0 | 0.0 | 2 | 2,363.0 |
| 1 | Pinheiro Neto Advogados | 693.0 | 0.0 | 693.0 | 1 | 0 | 0.0 | 1 | 693.0 |
| 1 | Polsinelli PC | 842.0 | 0.1 | 842.0 | 1 | 1 | 842.0 | 0 | 0.0 |
| 1 | Potter Anderson & Corroon LLP | 1,623.0 | 0.1 | 1,623.0 | 1 | 1 | 1,623.0 | 0 | 0.0 |
| 1 | Proskauer Rose LLP | 267.5 | 0.0 | 267.5 | 1 | 1 | 267.5 | 0 | 0.0 |
| 1 | Rajah & Tann Singapore LLP | 1,350.0 | 0.1 | 1,350.0 | 1 | 1 | 1,350.0 | 0 | 0.0 |
| 1 | Reed Smith LLP | 5,812.0 | 0.4 | 968.7 | 6 | 2 | 1,198.0 | 4 | 4,614.0 |
| 1 | Ropes & Gray LLP | 65,431.0 | 4.6 | 5,948.3 | 11 | 8 | 59,920.0 | 3 | 5,511.0 |
| 1 | Saiber LLC | 4,643.0 | 0.3 | 4,643.0 | 1 | 0 | 0.0 | 1 | 4,643.0 |
| 1 | Schiff Hardin LLP | 2,000.0 | 0.1 | 2,000.0 | 1 | 1 | 2,000.0 | 0 | 0.0 |
| 1 | Seward & Kissel LLP | 1,087.0 | 0.1 | 1,087.0 | 1 | 0 | 0.0 | 1 | 1,087.0 |
| 1 | Shearman & Sterling LLP | 13,017.0 | 0.9 | 4,339.0 | 3 | 0 | 0.0 | 3 | 13,017.0 |
| 1 | Sheppard, Mullin, Richter & Hampton LLP | 2,365.0 | 0.2 | 1,182.5 | 2 | 1 | 615.0 | 1 | 1,750.0 |
| 1 | Sidley Austin LLP | 10,489.0 | 0.7 | 2,097.8 | 5 | 2 | 3,228.0 | 3 | 7,261.0 |
| 1 | Simpson Thacher & Bartlett LLP | 16,992.0 | 1.2 | 2,832.0 | 6 | 4 | 14,029.0 | 2 | 2,963.0 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 124,556.0 | 8.7 | 4,017.9 | 31 | 21 | 56,151.0 | 10 | 68,405.0 |
| 1 | Slaughter and May and Maples | 1,133.0 | 0.1 | 1,133.0 | 1 | 0 | 0.0 | 1 | 1,133.0 |
| 1 | Steptoe & Johnson LLP | 4,984.0 | 0.3 | 4,984.0 | 1 | 0 | 0.0 | 1 | 4,984.0 |
| 1 | Stikeman Elliott LLP | 3,477.0 | 0.2 | 1,738.5 | 2 | 2 | 3,477.0 | 0 | 0.0 |
| 1 | Stoel Rives LLP | 1,866.0 | 0.1 | 1,866.0 | 1 | 0 | 0.0 | 1 | 1,866.0 |
| 1 | Stradling Yocca Carlson & Rauth | 325.0 | 0.0 | 325.0 | 1 | 0 | 0.0 | 1 | 325.0 |
| 1 | Stribbe | 353.0 | 0.0 | 353.0 | 1 | 1 | 353.0 | 0 | 0.0 |
| 1 | Sullivan & Cromwell LLP | 24,011.0 | 1.7 | 3,430.1 | 7 | 3 | 7,250.0 | 4 | 16,761.0 |
| 1 | Tarter Krinsky & Drogin LLP | 266.0 | 0.0 | 266.0 | 1 | 1 | 266.0 | 0 | 0.0 |
| 1 | Taylor Wessing & Wilson Sonsini | 1,851.0 | 0.1 | 1,851.0 | 1 | 0 | 0.0 | 1 | 1,851.0 |
| 1 | Travers Thorp Alberga | 4,081.4 | 0.3 | 4,081.4 | 1 | 0 | 0.0 | 1 | 4,081.4 |
| 1 | Troutman Pepper LLP | 3,652.1 | 0.3 | 1,217.4 | 3 | 0 | 0.0 | 3 | 3,652.1 |
| 1 | Venable, LLP | 2,538.0 | 0.2 | 1,269.0 | 2 | 1 | 1,230.0 | 1 | 1,308.0 |
| 1 | Vinson & Elkins L.L.P. | 18,009.0 | 1.3 | 1,637.2 | 11 | 10 | 15,953.0 | 1 | 2,056.0 |
| 1 | Wachtell, Lipton, Rosen & Katz | 6,600.0 | 0.5 | 6,600.0 | 1 | 0 | 0.0 | 1 | 6,600.0 |
| 1 | Walkers LLP | 5,116.0 | 0.4 | 1,705.3 | 3 | 2 | 1,493.0 | 1 | 3,623.0 |
| 1 | Weil, Gotshal & Manges LLP | 105,868.3 | 7.4 | 6,227.5 | 17 | 11 | 62,152.0 | 6 | 43,716.3 |
| 1 | White & Case LLP | 65,887.3 | 4.6 | 2,272.0 | 29 | 20 | 50,502.5 | 9 | 15,384.8 |
| 1 | Wiersholm AS | 529.0 | 0.0 | 529.0 | 1 | 1 | 529.0 | 0 | 0.0 |
| 1 | Wiggin LLP | 4,643.0 | 0.3 | 4,643.0 | 1 | 0 | 0.0 | 1 | 4,643.0 |
| 1 | Willkie Farr & Gallagher LLP | 5,924.1 | 0.4 | 1,481.0 | 4 | 1 | 615.0 | 3 | 5,309.1 |
| 1 | Wilmer Cutler Pickering Hale and Dorr LLP | 31,555.0 | 2.2 | 15,777.5 | 2 | 2 | 31,555.0 | 0 | 0.0 |
| 1 | Wilson Sonsini Goodrich & Rosati | 30,415.4 | 2.1 | 2,172.5 | 14 | 0 | 0.0 | 14 | 30,415.4 |
| 1 | Winston & Strawn LLP | 16,603.0 | 1.2 | 1,185.9 | 14 | 9 | 12,598.0 | 5 | 4,005.0 |
| 1 | Woolery & Co. | 816.8 | 0.1 | 816.8 | 1 | 1 | 816.8 | 0 | 0.0 |
| 1 | Zemah Schneider & Partners | 3,100.0 | 0.2 | 3,100.0 | 1 | 0 | 0.0 | 1 | 3,100.0 |
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ardea Partners LP | 12,702.0 | 2.2 | 1 | 0 | 0.0 | 1 | 12,702.0 | 12,702.0 |
| 1 | B. Riley Securities | 630.5 | 0.1 | 1 | 1 | 630.5 | 0 | 0.0 | 630.5 |
| 1 | Barclays | 22,832.0 | 3.9 | 7 | 4 | 9,467.0 | 3 | 13,365.0 | 3,261.7 |
| 1 | BMO Capital Markets | 2,824.0 | 0.5 | 2 | 0 | 0.0 | 2 | 2,824.0 | 1,412.0 |
| 1 | Boenning & Scattergood | 140.0 | 0.0 | 1 | 0 | 0.0 | 1 | 140.0 | 140.0 |
| 1 | BofA Securities, Inc. | 42,208.4 | 7.3 | 9 | 3 | 13,161.0 | 6 | 29,047.4 | 4,689.8 |
| 1 | BTIG | 7,212.0 | 1.2 | 5 | 4 | 5,893.0 | 1 | 1,319.0 | 1,442.4 |
| 1 | Canaccord Genuity LLC | 3,224.0 | 0.6 | 4 | 2 | 537.0 | 2 | 2,687.0 | 806.0 |
| 1 | Cantor Fitzgerald | 5,166.0 | 0.9 | 4 | 3 | 4,808.0 | 1 | 358.0 | 1,291.5 |
| 1 | Centerview Partners | 16,338.0 | 2.8 | 2 | 1 | 5,200.0 | 1 | 11,138.0 | 8,169.0 |
| 1 | Chardan | 885.6 | 0.2 | 4 | 4 | 885.6 | 0 | 0.0 | 221.4 |
| 1 | Citigroup | 39,841.0 | 6.9 | 9 | 5 | 17,099.0 | 4 | 22,742.0 | 4,426.8 |
| 1 | Connaught | 8,470.0 | 1.5 | 2 | 2 | 8,470.0 | 0 | 0.0 | 4,235.0 |
| 1 | Cowen and Company | 10,790.6 | 1.9 | 5 | 2 | 4,643.0 | 3 | 6,147.6 | 2,158.1 |
| 1 | Craig-Hallum Capital Group LLC | 545.3 | 0.1 | 2 | 2 | 545.3 | 0 | 0.0 | 272.7 |
| 1 | Credit Suisse | 27,222.0 | 4.7 | 8 | 4 | 10,763.0 | 4 | 16,459.0 | 3,402.8 |
| 1 | Deutsche Bank Securities | 31,139.0 | 5.4 | 10 | 8 | 29,330.0 | 2 | 1,809.0 | 3,113.9 |
| 1 | EarlyBirdCapital, Inc. | 874.0 | 0.2 | 3 | 3 | 874.0 | 0 | 0.0 | 291.3 |
| 1 | Evercore ISI | 15,554.6 | 2.7 | 4 | 0 | 0.0 | 4 | 15,554.6 | 3,888.7 |
| 1 | Financial Technology Partners | 1,500.0 | 0.3 | 2 | 1 | 977.0 | 1 | 523.0 | 750.0 |
| 1 | GCA Advisors | 2,900.0 | 0.5 | 1 | 0 | 0.0 | 1 | 2,900.0 | 2,900.0 |
| 1 | Goldman Sachs | 71,554.8 | 12.3 | 23 | 12 | 31,922.4 | 11 | 39,632.4 | 3,111.1 |
| 1 | Guggenheim Securities | 548.0 | 0.1 | 1 | 0 | 0.0 | 1 | 548.0 | 548.0 |
| 1 | Houlihan Lokey | 2,770.0 | 0.5 | 3 | 1 | 745.0 | 2 | 2,025.0 | 923.3 |
| 1 | J.P. Morgan | 37,661.3 | 6.5 | 9 | 3 | 22,679.0 | 6 | 14,982.3 | 4,184.6 |
| 1 | Jefferies | 17,411.8 | 3.0 | 12 | 6 | 3,893.8 | 6 | 13,518.0 | 1,451.0 |
| 1 | Kempen | 314.8 | 0.1 | 1 | 0 | 0.0 | 1 | 314.8 | 314.8 |
| 1 | Lazard | 4,070.0 | 0.7 | 2 | 0 | 0.0 | 2 | 4,070.0 | 2,035.0 |
| 1 | LifeSci Capital | 542.5 | 0.1 | 1 | 1 | 542.5 | 0 | 0.0 | 542.5 |
| 1 | LionTree Advisors | 4,249.0 | 0.7 | 2 | 0 | 0.0 | 2 | 4,249.0 | 2,124.5 |
| 1 | Maxim Group | 85.8 | 0.0 | 1 | 1 | 85.8 | 0 | 0.0 | 85.8 |
| 1 | Moelis & Company LLC | 25,321.0 | 4.4 | 4 | 3 | 20,882.0 | 1 | 4,439.0 | 6,330.3 |
| 1 | Morgan Stanley | 46,419.0 | 8.0 | 13 | 5 | 21,426.0 | 8 | 24,993.0 | 3,570.7 |
| 1 | Murray Devine | 1,044.0 | 0.2 | 1 | 0 | 0.0 | 1 | 1,044.0 | 1,044.0 |
| 1 | National Bank Financial | 1,505.0 | 0.3 | 1 | 0 | 0.0 | 1 | 1,505.0 | 1,505.0 |
| 1 | Needham & Company | 1,350.9 | 0.2 | 1 | 0 | 0.0 | 1 | 1,350.9 | 1,350.9 |
| 1 | Nomura | 5,191.9 | 0.9 | 3 | 3 | 5,191.9 | 0 | 0.0 | 1,730.6 |
| 1 | Nomura Greentech | 3,454.6 | 0.6 | 4 | 3 | 2,472.6 | 1 | 982.0 | 863.7 |
| 1 | Oakvale Capital | 3,200.0 | 0.6 | 2 | 0 | 0.0 | 2 | 3,200.0 | 1,600.0 |
| 1 | Oppenheimer & Co. | 1,476.6 | 0.3 | 2 | 1 | 650.6 | 1 | 826.0 | 738.3 |
| 1 | Perella Weinberg Partners | 14,505.0 | 2.5 | 3 | 0 | 0.0 | 3 | 14,505.0 | 4,835.0 |
| 1 | Piper Sandler & Co. | 3,230.0 | 0.6 | 3 | 1 | 1,398.0 | 2 | 1,832.0 | 1,076.7 |
| 1 | PJT Partners | 3,600.0 | 0.6 | 2 | 0 | 0.0 | 2 | 3,600.0 | 1,800.0 |
| 1 | Raymond James | 2,770.5 | 0.5 | 3 | 2 | 2,630.5 | 1 | 140.0 | 923.5 |
| 1 | RBC Capital Markets | 11,363.0 | 2.0 | 3 | 2 | 10,044.0 | 1 | 1,319.0 | 3,787.7 |
| 1 | Robert W. Baird & Co. | 3,300.0 | 0.6 | 1 | 1 | 3,300.0 | 0 | 0.0 | 3,300.0 |
| 1 | Roth Capital Partners | 1,918.3 | 0.3 | 2 | 0 | 0.0 | 2 | 1,918.3 | 959.2 |
| 1 | Rothschild & Co. | 2,028.5 | 0.3 | 2 | 0 | 0.0 | 2 | 2,028.5 | 1,014.3 |
| 1 | Sageworth | 1,561.0 | 0.3 | 1 | 0 | 0.0 | 1 | 1,561.0 | 1,561.0 |
| 1 | Stifel, Nicolaus & Company | 8,679.0 | 1.5 | 5 | 5 | 8,679.0 | 0 | 0.0 | 1,735.8 |
| 1 | SVB Leerink | 314.8 | 0.1 | 1 | 0 | 0.0 | 1 | 314.8 | 314.8 |
| 1 | The Klein Group | 2,175.0 | 0.4 | 1 | 1 | 2,175.0 | 0 | 0.0 | 2,175.0 |
| 1 | Three Keys | 1,500.0 | 0.3 | 1 | 0 | 0.0 | 1 | 1,500.0 | 1,500.0 |
| 1 | Tyton Partners | 1,500.0 | 0.3 | 1 | 1 | 1,500.0 | 0 | 0.0 | 1,500.0 |
| 1 | UBS Investment Bank | 36,611.3 | 6.3 | 7 | 5 | 12,771.3 | 2 | 23,840.0 | 5,230.2 |
| 1 | Vantage Point Advisors | 140.0 | 0.0 | 1 | 1 | 140.0 | 0 | 0.0 | 140.0 |
| 1 | Wedbush PacGrow | 1,319.0 | 0.2 | 1 | 0 | 0.0 | 1 | 1,319.0 | 1,319.0 |
| 1 | Wells Fargo Securities | 331.1 | 0.1 | 1 | 0 | 0.0 | 1 | 331.1 | 331.1 |
| 1 | William Blair | 1,738.0 | 0.3 | 1 | 1 | 1,738.0 | 0 | 0.0 | 1,738.0 |
| Rank | Advisor | Value ($mm) | Value % Mkt Share | Total Deal Count | Deal Count (Buy Side) | Buy Side Value ($mm) | Deal Count (Sell Side) | Sell Side Value ($mm) | Average Deal Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 548.0 | 0.3 | 1 | 1 | 548.0 | 0 | 0.0 | 548.0 |
| 1 | Barclays | 12,324.5 | 5.8 | 7 | 5 | 10,097.5 | 2 | 2,227.0 | 1,760.6 |
| 1 | BMO Capital Markets | 2,000.0 | 0.9 | 1 | 1 | 2,000.0 | 0 | 0.0 | 2,000.0 |
| 1 | BofA Securities, Inc. | 4,161.0 | 2.0 | 2 | 2 | 4,161.0 | 0 | 0.0 | 2,080.5 |
| 1 | BTIG | 5,893.0 | 2.8 | 4 | 4 | 5,893.0 | 0 | 0.0 | 1,473.3 |
| 1 | Cantor Fitzgerald | 13,986.7 | 6.6 | 12 | 11 | 11,986.7 | 1 | 2,000.0 | 1,165.6 |
| 1 | Chardan | 140.0 | 0.1 | 1 | 1 | 140.0 | 0 | 0.0 | 140.0 |
| 1 | Citigroup | 21,489.0 | 10.1 | 7 | 5 | 16,049.0 | 2 | 5,440.0 | 3,069.9 |
| 1 | Cowen and Company | 3,745.0 | 1.8 | 3 | 2 | 2,007.0 | 1 | 1,738.0 | 1,248.3 |
| 1 | Credit Suisse | 46,780.0 | 22.1 | 14 | 10 | 31,088.0 | 4 | 15,692.0 | 3,341.4 |
| 1 | Deutsche Bank Securities | 30,228.0 | 14.3 | 11 | 9 | 28,419.0 | 2 | 1,809.0 | 2,748.0 |
| 1 | Evercore ISI | 3,152.0 | 1.5 | 3 | 0 | 0.0 | 3 | 3,152.0 | 1,050.7 |
| 1 | Goldman Sachs | 5,984.4 | 2.8 | 4 | 3 | 4,246.4 | 1 | 1,738.0 | 1,496.1 |
| 1 | J.P. Morgan | 2,706.0 | 1.3 | 3 | 2 | 1,406.0 | 1 | 1,300.0 | 902.0 |
| 1 | Jefferies | 6,174.8 | 2.9 | 8 | 6 | 3,055.8 | 2 | 3,119.0 | 771.9 |
| 1 | JMP Securities | 977.0 | 0.5 | 1 | 1 | 977.0 | 0 | 0.0 | 977.0 |
| 1 | Morgan Stanley | 17,424.4 | 8.2 | 3 | 2 | 16,577.0 | 1 | 847.4 | 5,808.1 |
| 1 | Nomura Securities International, Inc. | 3,350.9 | 1.6 | 2 | 2 | 3,350.9 | 0 | 0.0 | 1,675.5 |
| 1 | Northland Capital Markets | 1,479.0 | 0.7 | 2 | 2 | 1,479.0 | 0 | 0.0 | 739.5 |
| 1 | Oakvale Capital | 3,200.0 | 1.5 | 2 | 1 | 1,400.0 | 1 | 1,800.0 | 1,600.0 |
| 1 | Oppenheimer & Co. | 2,401.0 | 1.1 | 1 | 0 | 0.0 | 1 | 2,401.0 | 2,401.0 |
| 1 | Perella Weinberg Partners | 977.0 | 0.5 | 1 | 0 | 0.0 | 1 | 977.0 | 977.0 |
| 1 | PJT Partners | 1,087.0 | 0.5 | 1 | 1 | 1,087.0 | 0 | 0.0 | 1,087.0 |
| 1 | Raymond James | 2,000.0 | 0.9 | 1 | 1 | 2,000.0 | 0 | 0.0 | 2,000.0 |
| 1 | RBC Capital Markets | 1,044.0 | 0.5 | 1 | 1 | 1,044.0 | 0 | 0.0 | 1,044.0 |
| 1 | Roth Capital Partners | 132.0 | 0.1 | 1 | 1 | 132.0 | 0 | 0.0 | 132.0 |
| 1 | Rothschild & Co. | 1,398.0 | 0.7 | 1 | 0 | 0.0 | 1 | 1,398.0 | 1,398.0 |
| 1 | Stifel, Nicolaus & Company | 3,584.1 | 1.7 | 5 | 3 | 2,471.1 | 2 | 1,113.0 | 716.8 |
| 1 | Sullivan & Cromwell LLP | 965.0 | 0.5 | 1 | 0 | 0.0 | 1 | 965.0 | 965.0 |
| 1 | UBS Investment Bank | 8,779.3 | 4.1 | 3 | 3 | 8,779.3 | 0 | 0.0 | 2,926.4 |
| 1 | UBS Securities | 692.0 | 0.3 | 1 | 1 | 692.0 | 0 | 0.0 | 692.0 |
| 1 | Wells Fargo Securities | 2,264.1 | 1.1 | 3 | 3 | 2,264.1 | 0 | 0.0 | 754.7 |
| 1 | William Blair | 827.0 | 0.4 | 1 | 0 | 0.0 | 1 | 827.0 | 827.0 |
| Rank | Law Firm | Value ($mm) | % Mkt Share | Avg Size ($mm) | Deal Count (Total) | Buy Side Count | Buy Side Value ($mm) | Sell Side Count | Sell Side Value ($mm) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Addleshaw Goddard LLP | 28.3 | 0.0 | 28.3 | 1 | 1 | 28.3 | 0 | 0.0 |
| 1 | Akin Gump Strauss Hauer & Feld LLP | 5,392.0 | 1.4 | 5,392.0 | 1 | 1 | 5,392.0 | 0 | 0.0 |
| 1 | BakerHostetler | 965.0 | 0.3 | 965.0 | 1 | 1 | 965.0 | 0 | 0.0 |
| 1 | Blank Rome LLP | 549.7 | 0.1 | 549.7 | 1 | 1 | 549.7 | 0 | 0.0 |
| 1 | Borden Ladner Gervais LLP | 1,505.0 | 0.4 | 1,505.0 | 1 | 1 | 1,505.0 | 0 | 0.0 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 1,800.0 | 0.5 | 1,800.0 | 1 | 1 | 1,800.0 | 0 | 0.0 |
| 1 | CMS | 314.8 | 0.1 | 314.8 | 1 | 0 | 0.0 | 1 | 314.8 |
| 1 | Cooley LLP | 9,101.7 | 2.4 | 1,300.2 | 7 | 0 | 0.0 | 7 | 9,101.7 |
| 1 | Cozen O'Connor | 1,561.0 | 0.4 | 1,561.0 | 1 | 1 | 1,561.0 | 0 | 0.0 |
| 1 | Davis Polk & Wardwell LLP | 1,398.0 | 0.4 | 1,398.0 | 1 | 1 | 1,398.0 | 0 | 0.0 |
| 1 | Dechert LLP | 630.5 | 0.2 | 630.5 | 1 | 1 | 630.5 | 0 | 0.0 |
| 1 | DLA Piper LLP | 6,024.6 | 1.6 | 1,004.1 | 6 | 4 | 4,332.6 | 2 | 1,692.0 |
| 1 | Duane Morris LLP | 140.0 | 0.0 | 140.0 | 1 | 0 | 0.0 | 1 | 140.0 |
| 1 | Ellenoff Grossman & Schole LLP | 7,640.8 | 2.0 | 955.1 | 8 | 7 | 7,340.8 | 1 | 300.0 |
| 1 | Faegre Drinker Biddle & Reath LLP | 331.1 | 0.1 | 331.1 | 1 | 0 | 0.0 | 1 | 331.1 |
| 1 | Feinberg Hanson | 96.7 | 0.0 | 96.7 | 1 | 0 | 0.0 | 1 | 96.7 |
| 1 | Foley & Lardner LLP | 2,596.0 | 0.7 | 1,298.0 | 2 | 0 | 0.0 | 2 | 2,596.0 |
| 1 | Freshfields Bruckhaus Deringer LLP | 1,032.9 | 0.3 | 516.5 | 2 | 0 | 0.0 | 2 | 1,032.9 |
| 1 | Fried, Frank, Harris, Shriver & Jacobson LLP | 12,702.0 | 3.3 | 12,702.0 | 1 | 0 | 0.0 | 1 | 12,702.0 |
| 1 | Gibson, Dunn & Crutcher LLP | 1,459.5 | 0.4 | 729.8 | 2 | 1 | 829.0 | 1 | 630.5 |
| 1 | Goldfarb Seligman & Co. | 1,033.0 | 0.3 | 1,033.0 | 1 | 1 | 1,033.0 | 0 | 0.0 |
| 1 | Goodwin Procter LLP | 5,866.8 | 1.5 | 1,466.7 | 4 | 0 | 0.0 | 4 | 5,866.8 |
| 1 | Gornitzky & Co | 2,000.0 | 0.5 | 2,000.0 | 1 | 1 | 2,000.0 | 0 | 0.0 |
| 1 | Graubard Miller | 4,473.8 | 1.2 | 745.6 | 6 | 5 | 4,341.8 | 1 | 132.0 |
| 1 | Graydon Head & Ritchey LLP | 331.1 | 0.1 | 331.1 | 1 | 1 | 331.1 | 0 | 0.0 |
| 1 | Greenberg Traurig, LLP | 33,434.9 | 8.7 | 3,715.0 | 9 | 5 | 8,794.9 | 4 | 24,640.0 |
| 1 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP | 7,159.0 | 1.9 | 1,789.8 | 4 | 0 | 0.0 | 4 | 7,159.0 |
| 1 | Haynes and Boone LLP | 745.0 | 0.2 | 745.0 | 1 | 0 | 0.0 | 1 | 745.0 |
| 1 | Hughes Hubbard & Reed LLP | 7,075.0 | 1.8 | 2,358.3 | 3 | 3 | 7,075.0 | 0 | 0.0 |
| 1 | Hunter Taubman Fischer & Li LLC | 328.3 | 0.1 | 164.2 | 2 | 2 | 328.3 | 0 | 0.0 |
| 1 | Husch Blackwell LLP | 2,855.9 | 0.7 | 1,428.0 | 2 | 1 | 1,505.0 | 1 | 1,350.9 |
| 1 | Jones Day | 1,239.3 | 0.3 | 619.7 | 2 | 0 | 0.0 | 2 | 1,239.3 |
| 1 | Kane Kessler PC | 525.0 | 0.1 | 525.0 | 1 | 0 | 0.0 | 1 | 525.0 |
| 1 | Katten Muchin Rosenman LLP | 692.0 | 0.2 | 692.0 | 1 | 1 | 692.0 | 0 | 0.0 |
| 1 | King & Spalding LLP | 650.6 | 0.2 | 650.6 | 1 | 0 | 0.0 | 1 | 650.6 |
| 1 | Kirkland & Ellis LLP | 52,165.3 | 13.6 | 2,745.5 | 19 | 11 | 29,590.8 | 8 | 22,574.5 |
| 1 | Latham & Watkins LLP | 22,516.0 | 5.9 | 2,251.6 | 10 | 2 | 2,731.0 | 8 | 19,785.0 |
| 1 | Ledgewood, PC | 956.0 | 0.2 | 956.0 | 1 | 1 | 956.0 | 0 | 0.0 |
| 1 | Littler Mendelson | 982.0 | 0.3 | 982.0 | 1 | 1 | 982.0 | 0 | 0.0 |
| 1 | Loeb & Loeb LLP | 3,038.8 | 0.8 | 434.1 | 7 | 6 | 2,056.8 | 1 | 982.0 |
| 1 | Lowenstein Sandler LLP | 85.8 | 0.0 | 85.8 | 1 | 0 | 0.0 | 1 | 85.8 |
| 1 | Mayer Brown LLP | 525.0 | 0.1 | 525.0 | 1 | 1 | 525.0 | 0 | 0.0 |
| 1 | McDermott Will & Emery LLP | 692.0 | 0.2 | 692.0 | 1 | 0 | 0.0 | 1 | 692.0 |
| 1 | Meitar | Law Offices | 1,033.0 | 0.3 | 1,033.0 | 1 | 0 | 0.0 | 1 | 1,033.0 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 2,544.3 | 0.7 | 1,272.2 | 2 | 0 | 0.0 | 2 | 2,544.3 |
| 1 | Morgan Lewis & Bockius, LLP | 3,577.0 | 0.9 | 1,788.5 | 2 | 2 | 3,577.0 | 0 | 0.0 |
| 1 | Morrison & Foerster LLP | 1,087.0 | 0.3 | 1,087.0 | 1 | 1 | 1,087.0 | 0 | 0.0 |
| 1 | Morrison Cohen LLP | 548.0 | 0.1 | 548.0 | 1 | 0 | 0.0 | 1 | 548.0 |
| 1 | Nelson Mullins Riley & Scarborough LLP | 1,122.0 | 0.3 | 561.0 | 2 | 1 | 982.0 | 1 | 140.0 |
| 1 | Niederer Kraft Frey | 2,600.0 | 0.7 | 2,600.0 | 1 | 0 | 0.0 | 1 | 2,600.0 |
| 1 | Ogier | 414.1 | 0.1 | 138.0 | 3 | 3 | 414.1 | 0 | 0.0 |
| 1 | Orrick Herrington & Sutcliffe LLP | 7,168.6 | 1.9 | 2,389.5 | 3 | 0 | 0.0 | 3 | 7,168.6 |
| 1 | Paul Hastings LLP | 993.0 | 0.3 | 993.0 | 1 | 0 | 0.0 | 1 | 993.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 17,863.1 | 4.7 | 3,572.6 | 5 | 4 | 17,338.0 | 1 | 525.1 |
| 1 | Pillsbury Winthrop Shaw Pittman LLP | 3,324.0 | 0.9 | 1,662.0 | 2 | 0 | 0.0 | 2 | 3,324.0 |
| 1 | Pinsent Masons LLP | 28.3 | 0.0 | 28.3 | 1 | 0 | 0.0 | 1 | 28.3 |
| 1 | Polsinelli PC | 692.0 | 0.2 | 692.0 | 1 | 1 | 692.0 | 0 | 0.0 |
| 1 | Posse Herrera Ruiz | 205.9 | 0.1 | 205.9 | 1 | 1 | 205.9 | 0 | 0.0 |
| 1 | Proskauer Rose LLP | 450.0 | 0.1 | 450.0 | 1 | 0 | 0.0 | 1 | 450.0 |
| 1 | Rodriguez Wright | 982.0 | 0.3 | 982.0 | 1 | 0 | 0.0 | 1 | 982.0 |
| 1 | Ropes & Gray LLP | 1,815.3 | 0.5 | 907.7 | 2 | 1 | 1,457.3 | 1 | 358.0 |
| 1 | S. Friedman & Co. | 2,000.0 | 0.5 | 2,000.0 | 1 | 0 | 0.0 | 1 | 2,000.0 |
| 1 | Shumaker Loop & Kendrick LLP | 143.0 | 0.0 | 143.0 | 1 | 0 | 0.0 | 1 | 143.0 |
| 1 | Sidley Austin LLP | 3,408.0 | 0.9 | 1,136.0 | 3 | 1 | 1,841.0 | 2 | 1,567.0 |
| 1 | Simpson Thacher & Bartlett LLP | 26,721.0 | 7.0 | 3,817.3 | 7 | 3 | 12,415.0 | 4 | 14,306.0 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 26,668.0 | 7.0 | 3,809.7 | 7 | 3 | 9,789.0 | 4 | 16,879.0 |
| 1 | Stikeman Elliott LLP | 1,710.9 | 0.4 | 855.5 | 2 | 1 | 205.9 | 1 | 1,505.0 |
| 1 | Stoel Rives LLP | 542.5 | 0.1 | 542.5 | 1 | 0 | 0.0 | 1 | 542.5 |
| 1 | Stradley Ronon Stevens & Young LLP | 140.0 | 0.0 | 140.0 | 1 | 0 | 0.0 | 1 | 140.0 |
| 1 | Sullivan & Cromwell LLP | 1,500.0 | 0.4 | 1,500.0 | 1 | 0 | 0.0 | 1 | 1,500.0 |
| 1 | Vinson & Elkins L.L.P. | 3,906.0 | 1.0 | 1,953.0 | 2 | 1 | 2,401.0 | 1 | 1,505.0 |
| 1 | Wachtell, Lipton, Rosen & Katz | 1,140.0 | 0.3 | 1,140.0 | 1 | 1 | 1,140.0 | 0 | 0.0 |
| 1 | Weil, Gotshal & Manges LLP | 44,035.0 | 11.5 | 6,290.7 | 7 | 4 | 28,996.0 | 3 | 15,039.0 |
| 1 | White & Case LLP | 10,873.6 | 2.8 | 1,208.2 | 9 | 9 | 10,873.6 | 0 | 0.0 |
| 1 | Willkie Farr & Gallagher LLP | 2,570.0 | 0.7 | 2,570.0 | 1 | 0 | 0.0 | 1 | 2,570.0 |
| 1 | Wilson Sonsini Goodrich & Rosati | 4,157.3 | 1.1 | 1,385.8 | 3 | 1 | 829.0 | 2 | 3,328.3 |
| 1 | Winston & Strawn LLP | 2,657.0 | 0.7 | 2,657.0 | 1 | 0 | 0.0 | 1 | 2,657.0 |
- YTD 2022
- FY 2021
- FY 2020
- Q1 2020
- Q2 2020
- Q3 2020
- Q4 2020
- 1H 2020
- FY 2019
- Q1 2019
- Q2 2019
- Q3 2019
- Q4 2019
- 1H 2019
- FY 2018
- Q1 2018
- Q2 2018
- Q3 2018
- Q4 2018
- 1H 2018
- 2017
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | Alliance Global Partners | 391.0 | 2.5 | 235.0 | 2.6 | 3 | 130.3 |
| 1 | B. Riley Securities | 100.0 | 0.6 | 100.0 | 1.1 | 1 | 100.0 |
| 1 | Barclays | 230.0 | 1.5 | 100.0 | 1.1 | 1 | 230.0 |
| 1 | BofA Securities, Inc. | 581.2 | 3.8 | 280.0 | 3.1 | 3 | 193.7 |
| 1 | BTG Pactual | 130.0 | 0.8 | 65.0 | 0.7 | 1 | 130.0 |
| 1 | BTIG | 626.2 | 4.1 | 485.8 | 5.4 | 4 | 156.5 |
| 1 | Cantor Fitzgerald | 1,692.5 | 11.0 | 1,356.8 | 15.1 | 6 | 282.1 |
| 1 | Chardan | 400.6 | 2.6 | 358.5 | 4.0 | 4 | 100.1 |
| 1 | Citigroup | 1,727.5 | 11.2 | 847.5 | 9.5 | 5 | 345.5 |
| 1 | Credit Suisse | 258.8 | 1.7 | 225.0 | 2.5 | 1 | 258.8 |
| 1 | Deutsche Bank Securities | 525.0 | 3.4 | 288.8 | 3.2 | 1 | 525.0 |
| 1 | Drexel Hamilton | 172.5 | 1.1 | 65.6 | 0.7 | 1 | 172.5 |
| 1 | EarlyBirdCapital, Inc. | 546.3 | 3.5 | 322.8 | 3.6 | 5 | 109.3 |
| 1 | EF Hutton | 1,180.0 | 7.7 | 89.1 | 1.0 | 12 | 98.3 |
| 1 | Goldman Sachs | 1,275.0 | 8.3 | 731.3 | 8.2 | 2 | 637.5 |
| 1 | Haitong International Securities | 115.0 | 0.7 | 23.8 | 0.3 | 1 | 115.0 |
| 1 | I-Bankers Securities, Inc. | 517.5 | 3.4 | 302.8 | 3.4 | 3 | 172.5 |
| 1 | J.P. Morgan | 718.8 | 4.7 | 401.3 | 4.5 | 3 | 239.6 |
| 1 | Keefe, Bruyette & Woods | 172.5 | 1.1 | 65.6 | 0.7 | 1 | 172.5 |
| 1 | Ladenburg Thalmann | 115.0 | 0.7 | 100.0 | 1.1 | 1 | 115.0 |
| 1 | Maxim Group | 716.5 | 4.7 | 525.0 | 5.9 | 6 | 119.4 |
| 1 | Moelis & Company | 480.0 | 3.1 | 136.3 | 1.5 | 2 | 240.0 |
| 1 | Morgan Stanley | 115.0 | 0.7 | 80.0 | 0.9 | 1 | 115.0 |
| 1 | Network 1 Financial Securities, Inc. | 69.0 | 0.4 | 16.0 | 0.2 | 1 | 69.0 |
| 1 | Nomura | 219.3 | 1.4 | 200.0 | 2.2 | 1 | 219.3 |
| 1 | Oppenheimer & Co. | 316.3 | 2.1 | 275.0 | 3.1 | 1 | 316.3 |
| 1 | Prime Number Capital, LLC | 64.5 | 0.4 | 11.0 | 0.1 | 1 | 64.5 |
| 1 | Raymond James | 86.3 | 0.6 | 75.0 | 0.8 | 1 | 86.3 |
| 1 | RBC Capital Markets | 460.0 | 3.0 | 400.0 | 4.5 | 2 | 230.0 |
| 1 | Stifel, Nicolaus & Company | 230.0 | 1.5 | 40.0 | 0.4 | 1 | 230.0 |
| 1 | SVB Leerink | 220.1 | 1.4 | 160.0 | 1.8 | 1 | 220.1 |
| 1 | ThinkEquity | 80.5 | 0.5 | 70.0 | 0.8 | 1 | 80.5 |
| 1 | Tiger Brokers | 163.0 | 1.1 | 60.0 | 0.7 | 2 | 81.5 |
| 1 | UBS Investment Bank | 460.0 | 3.0 | 330.0 | 3.7 | 2 | 230.0 |
| 1 | Wells Fargo Securities | 172.5 | 1.1 | 135.0 | 1.5 | 1 | 172.5 |
| 1 | WestPark Capital | 64.5 | 0.4 | 4.0 | 0.0 | 1 | 64.5 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | ABN AMRO | 143.8 | 0.1 | 43.8 | 0.0 | 1 | 143.8 |
| 1 | Allen & Co. | 787.5 | 0.3 | 267.5 | 0.2 | 3 | 262.5 |
| 1 | Alliance Global Partners | 595.2 | 0.2 | 450.4 | 0.3 | 5 | 119.0 |
| 1 | Apollo Global Securities | 345.0 | 0.1 | 75.0 | 0.1 | 1 | 345.0 |
| 1 | B. Riley Securities | 2,511.3 | 0.9 | 2,018.0 | 1.4 | 12 | 209.3 |
| 1 | Barclays | 15,424.0 | 5.5 | 5,943.5 | 4.3 | 46 | 335.3 |
| 1 | Berenberg | 230.0 | 0.1 | 40.0 | 0.0 | 1 | 230.0 |
| 1 | BMO Capital Markets | 1,602.3 | 0.6 | 703.5 | 0.5 | 7 | 228.9 |
| 1 | BofA Securities, Inc. | 17,623.3 | 6.3 | 6,649.1 | 4.8 | 50 | 352.5 |
| 1 | Brookline Capital Markets | 525.6 | 0.2 | 98.3 | 0.1 | 7 | 75.1 |
| 1 | BTIG | 6,477.1 | 2.3 | 3,083.4 | 2.2 | 24 | 269.9 |
| 1 | Canaccord Genuity LLC | 437.0 | 0.2 | 260.0 | 0.2 | 2 | 218.5 |
| 1 | Cantor Fitzgerald | 16,158.2 | 5.7 | 11,970.9 | 8.6 | 60 | 269.3 |
| 1 | CastleOak Securities, L.P. | 1,000.0 | 0.4 | 17.4 | 0.0 | 1 | 1,000.0 |
| 1 | Chardan | 2,109.2 | 0.7 | 1,858.0 | 1.3 | 20 | 105.5 |
| 1 | CIBC Capital Markets | 414.0 | 0.1 | 36.0 | 0.0 | 1 | 414.0 |
| 1 | Citigroup | 39,627.3 | 14.1 | 20,587.7 | 14.8 | 108 | 366.9 |
| 1 | CODE Advisors | 633.0 | 0.2 | 188.0 | 0.1 | 3 | 211.0 |
| 1 | Cowen and Company | 5,939.3 | 2.1 | 3,130.5 | 2.2 | 19 | 312.6 |
| 1 | Craig-Hallum Capital Group | 882.2 | 0.3 | 340.0 | 0.2 | 7 | 126.0 |
| 1 | Credit Suisse | 23,350.3 | 8.3 | 11,392.8 | 8.2 | 62 | 376.6 |
| 1 | Deutsche Bank Securities | 14,014.6 | 5.0 | 6,368.3 | 4.6 | 37 | 378.8 |
| 1 | Drexel Hamilton | 345.0 | 0.1 | 15.0 | 0.0 | 1 | 345.0 |
| 1 | EarlyBirdCapital, Inc. | 4,796.9 | 1.7 | 2,916.4 | 2.1 | 25 | 191.9 |
| 1 | EF Hutton | 3,839.5 | 1.4 | 1,908.9 | 1.4 | 31 | 123.9 |
| 1 | Evercore ISI | 3,182.0 | 1.1 | 1,102.1 | 0.8 | 11 | 289.3 |
| 1 | Exos Securities LLC | 230.0 | 0.1 | 60.0 | 0.0 | 1 | 230.0 |
| 1 | Futu Securities | 339.3 | 0.1 | 4.5 | 0.0 | 1 | 339.3 |
| 1 | Goldman Sachs | 26,142.0 | 9.3 | 14,116.1 | 10.1 | 66 | 396.1 |
| 1 | Guggenheim Securities | 2,548.9 | 0.9 | 1,140.1 | 0.8 | 7 | 364.1 |
| 1 | I-Bankers Securities, Inc. | 1,774.1 | 0.6 | 904.9 | 0.6 | 11 | 161.3 |
| 1 | Imperial Capital | 546.3 | 0.2 | 389.4 | 0.3 | 3 | 182.1 |
| 1 | Ingalls & Snyder | 44.9 | 0.0 | 3.0 | 0.0 | 1 | 44.9 |
| 1 | Intrepid Partners | 461.3 | 0.2 | 200.0 | 0.1 | 2 | 230.6 |
| 1 | J.P. Morgan | 15,486.1 | 5.5 | 6,101.8 | 4.4 | 41 | 377.7 |
| 1 | Jefferies | 11,721.0 | 4.2 | 8,013.6 | 5.7 | 44 | 266.4 |
| 1 | JMP Securities | 230.0 | 0.1 | 40.0 | 0.0 | 1 | 230.0 |
| 1 | JonesTrading | 200.0 | 0.1 | 60.9 | 0.0 | 1 | 200.0 |
| 1 | Kempen & Co. | 254.0 | 0.1 | 51.8 | 0.0 | 2 | 127.0 |
| 1 | Ladenburg Thalmann | 976.6 | 0.3 | 514.7 | 0.4 | 9 | 108.5 |
| 1 | Lake Street | 126.5 | 0.0 | 16.5 | 0.0 | 1 | 126.5 |
| 1 | LionTree | 542.3 | 0.2 | 115.0 | 0.1 | 2 | 271.2 |
| 1 | Loop Capital Markets | 495.0 | 0.2 | 45.0 | 0.0 | 2 | 247.5 |
| 1 | Maxim Group | 1,889.8 | 0.7 | 1,630.0 | 1.2 | 17 | 111.2 |
| 1 | Mizuho Securities | 2,694.0 | 1.0 | 1,483.7 | 1.1 | 11 | 244.9 |
| 1 | Moelis & Company | 2,306.5 | 0.8 | 569.2 | 0.4 | 10 | 230.7 |
| 1 | Morgan Stanley | 16,428.1 | 5.8 | 7,889.0 | 5.7 | 46 | 357.1 |
| 1 | Needham & Company | 956.7 | 0.3 | 365.5 | 0.3 | 4 | 239.2 |
| 1 | Network 1 Financial Securities, Inc. | 57.5 | 0.0 | 7.0 | 0.0 | 1 | 57.5 |
| 1 | Nomura | 1,446.4 | 0.5 | 590.7 | 0.4 | 7 | 206.6 |
| 1 | Northland Capital Markets | 835.0 | 0.3 | 152.8 | 0.1 | 3 | 278.3 |
| 1 | Odeon Capital Group | 530.0 | 0.2 | 138.3 | 0.1 | 2 | 265.0 |
| 1 | Oppenheimer & Co. | 2,168.7 | 0.8 | 1,284.9 | 0.9 | 10 | 216.9 |
| 1 | Piper Sandler | 862.5 | 0.3 | 175.0 | 0.1 | 3 | 287.5 |
| 1 | PJT Partners | 1,149.4 | 0.4 | 285.0 | 0.2 | 3 | 383.1 |
| 1 | R. F. Lafferty & Co. | 89.2 | 0.0 | 8.0 | 0.0 | 2 | 44.6 |
| 1 | Raymond James | 552.0 | 0.2 | 360.0 | 0.3 | 3 | 184.0 |
| 1 | RBC Capital Markets | 2,692.5 | 1.0 | 1,442.5 | 1.0 | 9 | 299.2 |
| 1 | Robert W. Baird & Co. | 230.0 | 0.1 | 20.0 | 0.0 | 1 | 230.0 |
| 1 | Roth Capital Partners | 759.7 | 0.3 | 310.0 | 0.2 | 7 | 108.5 |
| 1 | Scotiabank | 259.1 | 0.1 | 12.0 | 0.0 | 1 | 259.1 |
| 1 | Seaport Global Securities | 130.0 | 0.0 | 130.0 | 0.1 | 1 | 130.0 |
| 1 | Siebert Williams Shank | 961.0 | 0.3 | 25.7 | 0.0 | 3 | 320.3 |
| 1 | SMBC Nikko | 125.0 | 0.0 | 21.7 | 0.0 | 1 | 125.0 |
| 1 | SoFi | 259.1 | 0.1 | 12.0 | 0.0 | 1 | 259.1 |
| 1 | Sova Capital Limited | 172.5 | 0.1 | 71.3 | 0.1 | 1 | 172.5 |
| 1 | Stephens Inc. | 483.0 | 0.2 | 210.0 | 0.2 | 2 | 241.5 |
| 1 | Stifel, Nicolaus & Company | 3,300.4 | 1.2 | 1,871.0 | 1.3 | 15 | 220.0 |
| 1 | TD Securities | 172.5 | 0.1 | 22.5 | 0.0 | 1 | 172.5 |
| 1 | ThinkEquity | 345.0 | 0.1 | 220.0 | 0.2 | 3 | 115.0 |
| 1 | Tiger Brokers | 186.9 | 0.1 | 127.0 | 0.1 | 3 | 62.3 |
| 1 | Truist Securities | 200.0 | 0.1 | 20.0 | 0.0 | 1 | 200.0 |
| 1 | UBS Investment Bank | 9,689.8 | 3.4 | 4,838.5 | 3.5 | 29 | 334.1 |
| 1 | VTB Capital | 287.5 | 0.1 | 120.0 | 0.1 | 1 | 287.5 |
| 1 | Wells Fargo Securities | 3,239.9 | 1.2 | 1,559.6 | 1.1 | 14 | 231.4 |
| 1 | William Blair | 880.5 | 0.3 | 237.3 | 0.2 | 4 | 220.1 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | Allen & Co. | 300.0 | 0.2 | 150.0 | 0.2 | 1 | 300.0 |
| 1 | Apollo Global Securities | 816.8 | 0.5 | 150.0 | 0.2 | 1 | 816.8 |
| 1 | B. Riley Securities | 1,254.0 | 0.8 | 1,158.0 | 1.6 | 6 | 209.0 |
| 1 | Barclays | 4,371.8 | 2.8 | 1,495.9 | 2.1 | 14 | 312.3 |
| 1 | BofA Securities, Inc. | 7,451.6 | 4.8 | 2,609.9 | 3.7 | 18 | 414.0 |
| 1 | BTIG | 2,070.7 | 1.3 | 864.9 | 1.2 | 8 | 258.8 |
| 1 | Cantor Fitzgerald | 7,856.0 | 5.1 | 5,630.9 | 8.0 | 25 | 314.2 |
| 1 | Chardan | 1,370.6 | 0.9 | 1,073.5 | 1.5 | 11 | 124.6 |
| 1 | Citigroup | 22,933.8 | 14.9 | 8,818.6 | 12.5 | 40 | 573.3 |
| 1 | Cowen and Company | 2,571.7 | 1.7 | 1,253.1 | 1.8 | 9 | 285.7 |
| 1 | Craig-Hallum Capital Group | 191.5 | 0.1 | 87.5 | 0.1 | 2 | 95.8 |
| 1 | Credit Suisse | 19,714.8 | 12.8 | 12,481.1 | 17.7 | 41 | 480.8 |
| 1 | Deutsche Bank Securities | 10,061.4 | 6.5 | 4,795.5 | 6.8 | 24 | 419.2 |
| 1 | EarlyBirdCapital, Inc. | 1,756.3 | 1.1 | 1,087.0 | 1.5 | 11 | 159.7 |
| 1 | Evercore ISI | 828.0 | 0.5 | 694.8 | 1.0 | 2 | 414.0 |
| 1 | Goldman Sachs | 15,634.7 | 10.2 | 6,941.0 | 9.8 | 31 | 504.3 |
| 1 | H.C. Wainwright & Co. | 104.8 | 0.1 | 30.0 | 0.0 | 1 | 104.8 |
| 1 | I-Bankers Securities, Inc. | 688.0 | 0.4 | 379.1 | 0.5 | 6 | 114.7 |
| 1 | Imperial Capital | 247.5 | 0.2 | 163.1 | 0.2 | 2 | 123.8 |
| 1 | J.P. Morgan | 8,367.2 | 5.4 | 3,044.0 | 4.3 | 17 | 492.2 |
| 1 | Jefferies | 9,312.3 | 6.1 | 4,278.5 | 6.1 | 23 | 404.9 |
| 1 | JMP Securities | 373.8 | 0.2 | 43.1 | 0.1 | 2 | 186.9 |
| 1 | JonesTrading | 258.8 | 0.2 | 200.3 | 0.3 | 1 | 258.8 |
| 1 | Keefe, Bruyette & Woods | 230.0 | 0.1 | 20.0 | 0.0 | 1 | 230.0 |
| 1 | Ladenburg Thalmann | 307.9 | 0.2 | 133.2 | 0.2 | 4 | 77.0 |
| 1 | LifeSci Capital | 152.9 | 0.1 | 76.3 | 0.1 | 2 | 76.4 |
| 1 | Macquarie Capital | 115.0 | 0.1 | 20.0 | 0.0 | 1 | 115.0 |
| 1 | Maxim Group | 307.2 | 0.2 | 265.5 | 0.4 | 4 | 76.8 |
| 1 | Mizuho Securities | 1,347.5 | 0.9 | 531.3 | 0.8 | 3 | 449.2 |
| 1 | Moelis & Company | 345.0 | 0.2 | 59.3 | 0.1 | 1 | 345.0 |
| 1 | Morgan Stanley | 9,644.6 | 6.3 | 3,680.1 | 5.2 | 23 | 419.3 |
| 1 | National Securites | 258.8 | 0.2 | 11.3 | 0.0 | 1 | 258.8 |
| 1 | Nomura | 430.0 | 0.3 | 212.0 | 0.3 | 2 | 215.0 |
| 1 | Northland Capital Markets | 460.0 | 0.3 | 30.0 | 0.0 | 2 | 230.0 |
| 1 | Odeon Capital Group | 1,179.0 | 0.8 | 181.0 | 0.3 | 4 | 294.8 |
| 1 | Oppenheimer & Co. | 1,032.8 | 0.7 | 485.5 | 0.7 | 6 | 172.1 |
| 1 | Piper Sandler & Co. | 237.8 | 0.2 | 202.5 | 0.3 | 1 | 237.8 |
| 1 | PJT Partners | 450.0 | 0.3 | 80.0 | 0.1 | 1 | 450.0 |
| 1 | Raymond James | 769.9 | 0.5 | 470.0 | 0.7 | 3 | 256.6 |
| 1 | RBC Capital Markets | 1,845.2 | 1.2 | 446.5 | 0.6 | 5 | 369.0 |
| 1 | Robert W. Baird & Co. | 480.0 | 0.3 | 45.0 | 0.1 | 2 | 240.0 |
| 1 | Roth Capital Partners | 191.5 | 0.1 | 87.5 | 0.1 | 2 | 95.8 |
| 1 | Stifel, Nicolaus & Company | 1,885.0 | 1.2 | 546.7 | 0.8 | 8 | 235.6 |
| 1 | SVB Leerink | 166.8 | 0.1 | 145.0 | 0.2 | 1 | 166.8 |
| 1 | ThinkEquity | 237.8 | 0.2 | 22.5 | 0.0 | 1 | 237.8 |
| 1 | UBS Investment Bank | 10,994.0 | 7.1 | 4,023.1 | 5.7 | 22 | 499.7 |
| 1 | Wells Fargo Securities | 1,992.2 | 1.3 | 1,356.3 | 1.9 | 7 | 284.6 |
| 1 | William Blair | 275.0 | 0.2 | 59.4 | 0.1 | 1 | 275.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | Chardan | 123.1 | 1.8 | 109.5 | 3.4 | 2 | 61.6 |
| 1 | Citigroup | 1,100.0 | 16.1 | 630.0 | 19.4 | 1 | 1,100.0 |
| 1 | Credit Suisse | 506.0 | 7.4 | 440.0 | 13.5 | 2 | 253.0 |
| 1 | Deutsche Bank Securities | 1,345.0 | 19.7 | 603.0 | 18.6 | 3 | 448.3 |
| 1 | EarlyBirdCapital, Inc. | 241.5 | 3.5 | 100.0 | 3.1 | 1 | 241.5 |
| 1 | Goldman Sachs | 2,020.0 | 29.6 | 884.0 | 27.2 | 3 | 673.3 |
| 1 | I-Bankers Securities, Inc. | 138.0 | 2.0 | 56.5 | 1.7 | 1 | 138.0 |
| 1 | Imperial Capital | 172.5 | 2.5 | 120.0 | 3.7 | 1 | 172.5 |
| 1 | Jefferies | 230.0 | 3.4 | 66.0 | 2.0 | 1 | 230.0 |
| 1 | Maxim Group | 69.0 | 1.0 | 60.0 | 1.8 | 1 | 69.0 |
| 1 | Morgan Stanley | 425.0 | 6.2 | 100.0 | 3.1 | 1 | 425.0 |
| 1 | UBS Investment Bank | 460.0 | 6.7 | 81.0 | 2.5 | 2 | 230.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 175.0 | 1.2 | 175.0 | 2.5 | 1 | 175.0 |
| 1 | BofA Securities, Inc. | 1,966.5 | 12.9 | 733.5 | 10.6 | 3 | 655.5 |
| 1 | Cantor Fitzgerald | 500.0 | 3.3 | 396.0 | 5.7 | 2 | 250.0 |
| 1 | Chardan | 143.7 | 0.9 | 134.0 | 1.9 | 2 | 71.9 |
| 1 | Citigroup | 2,154.0 | 14.2 | 754.0 | 10.9 | 4 | 538.5 |
| 1 | Cowen and Company | 414.0 | 2.7 | 180.0 | 2.6 | 1 | 414.0 |
| 1 | Craig-Hallum Capital Group | 76.5 | 0.5 | 37.5 | 0.5 | 1 | 76.5 |
| 1 | Credit Suisse | 3,484.5 | 22.9 | 2,179.5 | 31.6 | 5 | 696.9 |
| 1 | Deutsche Bank Securities | 345.0 | 2.3 | 150.0 | 2.2 | 1 | 345.0 |
| 1 | EarlyBirdCapital, Inc. | 146.0 | 1.0 | 116.0 | 1.7 | 2 | 73.0 |
| 1 | Goldman Sachs | 1,313.5 | 8.6 | 716.0 | 10.4 | 3 | 437.8 |
| 1 | J.P. Morgan | 414.0 | 2.7 | 153.0 | 2.2 | 1 | 414.0 |
| 1 | Jefferies | 349.5 | 2.3 | 215.0 | 3.1 | 2 | 174.8 |
| 1 | Morgan Stanley | 1,035.0 | 6.8 | 174.0 | 2.5 | 2 | 517.5 |
| 1 | Nomura | 200.0 | 1.3 | 102.0 | 1.5 | 1 | 200.0 |
| 1 | Odeon Capital Group | 350.0 | 2.3 | 59.0 | 0.9 | 1 | 350.0 |
| 1 | Oppenheimer & Co. | 200.0 | 1.3 | 68.0 | 1.0 | 1 | 200.0 |
| 1 | RBC Capital Markets | 345.0 | 2.3 | 75.0 | 1.1 | 1 | 345.0 |
| 1 | Robert W. Baird & Co. | 230.0 | 1.5 | 20.0 | 0.3 | 1 | 230.0 |
| 1 | Roth Capital Partners | 76.5 | 0.5 | 37.5 | 0.5 | 1 | 76.5 |
| 1 | Stifel, Nicolaus & Company | 230.0 | 1.5 | 50.0 | 0.7 | 1 | 230.0 |
| 1 | UBS Investment Bank | 1,058.0 | 7.0 | 373.0 | 5.4 | 3 | 352.7 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 172.5 | 0.3 | 150.0 | 0.6 | 1 | 172.5 |
| 1 | Barclays | 1,692.0 | 2.7 | 618.2 | 2.3 | 6 | 282.0 |
| 1 | BofA Securities, Inc. | 3,235.6 | 5.1 | 1,014.5 | 3.8 | 7 | 462.2 |
| 1 | BTIG | 794.8 | 1.2 | 404.4 | 1.5 | 4 | 198.7 |
| 1 | Cantor Fitzgerald | 2,889.7 | 4.5 | 1,830.7 | 6.9 | 8 | 361.2 |
| 1 | Chardan | 275.0 | 0.4 | 182.5 | 0.7 | 2 | 137.5 |
| 1 | Citigroup | 11,763.8 | 18.4 | 3,781.1 | 14.3 | 16 | 735.2 |
| 1 | Cowen and Company | 798.0 | 1.3 | 240.7 | 0.9 | 3 | 266.0 |
| 1 | Credit Suisse | 6,736.8 | 10.6 | 4,059.5 | 15.4 | 12 | 561.4 |
| 1 | Deutsche Bank Securities | 3,277.7 | 5.1 | 1,578.6 | 6.0 | 9 | 364.2 |
| 1 | EarlyBirdCapital, Inc. | 549.2 | 0.9 | 325.0 | 1.2 | 2 | 274.6 |
| 1 | Evercore ISI | 414.0 | 0.6 | 334.8 | 1.3 | 1 | 414.0 |
| 1 | Goldman Sachs | 6,557.2 | 10.3 | 2,971.8 | 11.2 | 12 | 546.4 |
| 1 | I-Bankers Securities, Inc. | 100.0 | 0.2 | 49.5 | 0.2 | 1 | 100.0 |
| 1 | J.P. Morgan | 4,002.0 | 6.3 | 1,345.2 | 5.1 | 5 | 800.4 |
| 1 | Jefferies | 5,640.3 | 8.8 | 1,935.0 | 7.3 | 8 | 705.0 |
| 1 | Ladenburg Thalmann | 40.0 | 0.1 | 40.0 | 0.2 | 1 | 40.0 |
| 1 | Maxim Group | 76.2 | 0.1 | 75.0 | 0.3 | 1 | 76.2 |
| 1 | Mizuho Securities | 945.0 | 1.5 | 478.8 | 1.8 | 2 | 472.5 |
| 1 | Morgan Stanley | 2,963.0 | 4.6 | 1,085.3 | 4.1 | 5 | 592.6 |
| 1 | Nomura | 230.0 | 0.4 | 110.0 | 0.4 | 1 | 230.0 |
| 1 | Northland Capital Markets | 230.0 | 0.4 | 30.0 | 0.1 | 1 | 230.0 |
| 1 | Odeon Capital Group | 414.0 | 0.6 | 64.0 | 0.2 | 1 | 414.0 |
| 1 | Oppenheimer & Co. | 100.0 | 0.2 | 80.0 | 0.3 | 1 | 100.0 |
| 1 | Piper Sandler & Co. | 237.8 | 0.4 | 202.5 | 0.8 | 1 | 237.8 |
| 1 | Raymond James | 319.5 | 0.5 | 150.0 | 0.6 | 1 | 319.5 |
| 1 | RBC Capital Markets | 544.0 | 0.9 | 100.0 | 0.4 | 1 | 544.0 |
| 1 | Stifel, Nicolaus & Company | 826.7 | 1.3 | 218.7 | 0.8 | 3 | 275.6 |
| 1 | SVB Leerink | 166.8 | 0.3 | 145.0 | 0.5 | 1 | 166.8 |
| 1 | ThinkEquity | 237.8 | 0.4 | 22.5 | 0.1 | 1 | 237.8 |
| 1 | UBS Investment Bank | 6,971.0 | 10.9 | 2,451.0 | 9.3 | 11 | 633.7 |
| 1 | Wells Fargo Securities | 575.0 | 0.9 | 370.0 | 1.4 | 2 | 287.5 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | Allen & Co. | 300.0 | 0.4 | 150.0 | 0.4 | 1 | 300.0 |
| 1 | Apollo Global Securities | 816.8 | 1.2 | 150.0 | 0.4 | 1 | 816.8 |
| 1 | B. Riley Securities | 906.5 | 1.3 | 833.0 | 2.4 | 4 | 226.6 |
| 1 | Barclays | 2,679.8 | 3.9 | 877.7 | 2.6 | 8 | 335.0 |
| 1 | BofA Securities, Inc. | 2,249.5 | 3.3 | 861.9 | 2.5 | 8 | 281.2 |
| 1 | BTIG | 1,276.0 | 1.9 | 460.5 | 1.4 | 4 | 319.0 |
| 1 | Cantor Fitzgerald | 4,466.3 | 6.6 | 3,404.2 | 10.0 | 15 | 297.8 |
| 1 | Chardan | 828.8 | 1.2 | 647.5 | 1.9 | 5 | 165.8 |
| 1 | Citigroup | 7,916.0 | 11.6 | 3,653.5 | 10.7 | 19 | 416.6 |
| 1 | Cowen and Company | 1,359.8 | 2.0 | 832.4 | 2.4 | 5 | 272.0 |
| 1 | Craig-Hallum Capital Group | 115.0 | 0.2 | 50.0 | 0.1 | 1 | 115.0 |
| 1 | Credit Suisse | 8,987.5 | 13.2 | 5,802.1 | 17.1 | 22 | 408.5 |
| 1 | Deutsche Bank Securities | 5,093.7 | 7.5 | 2,463.9 | 7.2 | 11 | 463.1 |
| 1 | EarlyBirdCapital, Inc. | 819.6 | 1.2 | 546.0 | 1.6 | 6 | 136.6 |
| 1 | Evercore ISI | 414.0 | 0.6 | 360.0 | 1.1 | 1 | 414.0 |
| 1 | Goldman Sachs | 5,744.1 | 8.4 | 2,369.3 | 7.0 | 13 | 441.9 |
| 1 | H.C. Wainwright & Co. | 104.8 | 0.2 | 30.0 | 0.1 | 1 | 104.8 |
| 1 | I-Bankers Securities, Inc. | 450.0 | 0.7 | 273.1 | 0.8 | 4 | 112.5 |
| 1 | Imperial Capital | 75.0 | 0.1 | 43.1 | 0.1 | 1 | 75.0 |
| 1 | J.P. Morgan | 3,951.2 | 5.8 | 1,545.8 | 4.5 | 11 | 359.2 |
| 1 | Jefferies | 3,092.5 | 4.5 | 2,062.5 | 6.1 | 12 | 257.7 |
| 1 | JMP Securities | 373.8 | 0.5 | 43.1 | 0.1 | 2 | 186.9 |
| 1 | JonesTrading | 258.8 | 0.4 | 200.3 | 0.6 | 1 | 258.8 |
| 1 | Keefe, Bruyette & Woods | 230.0 | 0.3 | 20.0 | 0.1 | 1 | 230.0 |
| 1 | Ladenburg Thalmann | 267.9 | 0.4 | 93.3 | 0.3 | 3 | 89.3 |
| 1 | LifeSci Capital | 152.9 | 0.2 | 76.3 | 0.2 | 2 | 76.4 |
| 1 | Macquarie Capital | 115.0 | 0.2 | 20.0 | 0.1 | 1 | 115.0 |
| 1 | Maxim Group | 162.0 | 0.2 | 130.5 | 0.4 | 2 | 81.0 |
| 1 | Mizuho Securities | 402.5 | 0.6 | 52.5 | 0.2 | 1 | 402.5 |
| 1 | Moelis & Company | 345.0 | 0.5 | 59.3 | 0.2 | 1 | 345.0 |
| 1 | Morgan Stanley | 5,221.6 | 7.7 | 2,320.9 | 6.8 | 15 | 348.1 |
| 1 | National Securites | 258.8 | 0.4 | 11.3 | 0.0 | 1 | 258.8 |
| 1 | Northland Capital Markets | 230.0 | 0.3 | 0.0 | 0.0 | 1 | 230.0 |
| 1 | Odeon Capital Group | 415.0 | 0.6 | 58.0 | 0.2 | 2 | 207.5 |
| 1 | Oppenheimer & Co. | 732.8 | 1.1 | 337.5 | 1.0 | 4 | 183.2 |
| 1 | PJT Partners | 450.0 | 0.7 | 80.0 | 0.2 | 1 | 450.0 |
| 1 | Raymond James | 450.4 | 0.7 | 320.0 | 0.9 | 2 | 225.2 |
| 1 | RBC Capital Markets | 956.3 | 1.4 | 271.5 | 0.8 | 3 | 318.8 |
| 1 | Robert W. Baird & Co. | 250.0 | 0.4 | 25.0 | 0.1 | 1 | 250.0 |
| 1 | Roth Capital Partners | 115.0 | 0.2 | 50.0 | 0.1 | 1 | 115.0 |
| 1 | Stifel, Nicolaus & Company | 828.3 | 1.2 | 278.0 | 0.8 | 4 | 207.1 |
| 1 | UBS Investment Bank | 2,505.0 | 3.7 | 1,118.1 | 3.3 | 6 | 417.5 |
| 1 | Wells Fargo Securities | 1,417.2 | 2.1 | 986.3 | 2.9 | 5 | 283.4 |
| 1 | William Blair | 275.0 | 0.4 | 59.4 | 0.2 | 1 | 275.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 175.0 | 0.8 | 175.0 | 1.7 | 1 | 175.0 |
| 1 | BofA Securities, Inc. | 1,966.5 | 8.9 | 733.5 | 7.2 | 3 | 655.5 |
| 1 | Cantor Fitzgerald | 500.0 | 2.3 | 396.0 | 3.9 | 2 | 250.0 |
| 1 | Chardan | 266.9 | 1.2 | 243.5 | 2.4 | 4 | 66.7 |
| 1 | Citigroup | 3,254.0 | 14.8 | 1,384.0 | 13.6 | 5 | 650.8 |
| 1 | Cowen and Company | 414.0 | 1.9 | 180.0 | 1.8 | 1 | 414.0 |
| 1 | Craig-Hallum Capital Group | 76.5 | 0.3 | 37.5 | 0.4 | 1 | 76.5 |
| 1 | Credit Suisse | 3,990.5 | 18.1 | 2,619.5 | 25.8 | 7 | 570.1 |
| 1 | Deutsche Bank Securities | 1,690.0 | 7.7 | 753.0 | 7.4 | 4 | 422.5 |
| 1 | EarlyBirdCapital, Inc. | 387.5 | 1.8 | 216.0 | 2.1 | 3 | 129.2 |
| 1 | Goldman Sachs | 3,333.5 | 15.1 | 1,600.0 | 15.8 | 6 | 555.6 |
| 1 | I-Bankers Securities, Inc. | 138.0 | 0.6 | 56.5 | 0.6 | 1 | 138.0 |
| 1 | Imperial Capital | 172.5 | 0.8 | 120.0 | 1.2 | 1 | 172.5 |
| 1 | J.P. Morgan | 414.0 | 1.9 | 153.0 | 1.5 | 1 | 414.0 |
| 1 | Jefferies | 579.5 | 2.6 | 281.0 | 2.8 | 3 | 193.2 |
| 1 | Maxim Group | 69.0 | 0.3 | 60.0 | 0.6 | 1 | 69.0 |
| 1 | Morgan Stanley | 1,460.0 | 6.6 | 274.0 | 2.7 | 3 | 486.7 |
| 1 | Nomura | 200.0 | 0.9 | 102.0 | 1.0 | 1 | 200.0 |
| 1 | Odeon Capital Group | 350.0 | 1.6 | 59.0 | 0.6 | 1 | 350.0 |
| 1 | Oppenheimer & Co. | 200.0 | 0.9 | 68.0 | 0.7 | 1 | 200.0 |
| 1 | RBC Capital Markets | 345.0 | 1.6 | 75.0 | 0.7 | 1 | 345.0 |
| 1 | Robert W. Baird & Co. | 230.0 | 1.0 | 20.0 | 0.2 | 1 | 230.0 |
| 1 | Roth Capital Partners | 76.5 | 0.3 | 37.5 | 0.4 | 1 | 76.5 |
| 1 | Stifel, Nicolaus & Company | 230.0 | 1.0 | 50.0 | 0.5 | 1 | 230.0 |
| 1 | UBS Investment Bank | 1,518.0 | 6.9 | 454.0 | 4.5 | 5 | 303.6 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 546.3 | 2.5 | 475.0 | 4.1 | 3 | 182.1 |
| 1 | Barclays | 741.8 | 3.4 | 301.3 | 2.6 | 3 | 247.3 |
| 1 | BMO Capital Markets | 100.0 | 0.5 | 55.0 | 0.5 | 1 | 100.0 |
| 1 | BofA Securities, Inc. | 537.5 | 2.5 | 194.0 | 1.7 | 2 | 268.8 |
| 1 | BTIG | 1,600.8 | 7.4 | 729.9 | 6.3 | 7 | 228.7 |
| 1 | Cantor Fitzgerald | 3,638.3 | 16.8 | 2,566.1 | 22.2 | 14 | 259.9 |
| 1 | Chardan | 446.9 | 2.1 | 238.1 | 2.1 | 5 | 89.4 |
| 1 | Citigroup | 1,529.1 | 7.1 | 960.0 | 8.3 | 4 | 382.3 |
| 1 | Cowen and Company | 280.5 | 1.3 | 190.0 | 1.6 | 2 | 140.3 |
| 1 | Craig-Hallum Capital Group | 108.0 | 0.5 | 30.0 | 0.3 | 1 | 108.0 |
| 1 | Credit Suisse | 2,499.6 | 11.5 | 1,286.2 | 11.1 | 9 | 277.7 |
| 1 | Deutsche Bank Securities | 2,541.8 | 11.7 | 1,270.0 | 11.0 | 8 | 317.7 |
| 1 | EarlyBirdCapital, Inc. | 969.5 | 4.5 | 587.0 | 5.1 | 6 | 161.6 |
| 1 | Goldman Sachs | 2,102.7 | 9.7 | 864.8 | 7.5 | 6 | 350.4 |
| 1 | I-Bankers Securities, Inc. | 172.5 | 0.8 | 95.0 | 0.8 | 2 | 86.3 |
| 1 | J.P. Morgan | 575.0 | 2.7 | 166.7 | 1.4 | 2 | 287.5 |
| 1 | Jefferies | 488.8 | 2.3 | 395.0 | 3.4 | 2 | 244.4 |
| 1 | Maxim Group | 103.5 | 0.5 | 40.0 | 0.3 | 2 | 51.8 |
| 1 | Morgan Stanley | 645.0 | 3.0 | 241.7 | 2.1 | 2 | 322.5 |
| 1 | Nomura | 300.2 | 1.4 | 159.5 | 1.4 | 1 | 300.2 |
| 1 | Northland Capital Markets | 172.5 | 0.8 | 74.1 | 0.6 | 1 | 172.5 |
| 1 | Stifel, Nicolaus & Company | 530.2 | 2.4 | 111.9 | 1.0 | 2 | 265.1 |
| 1 | SVB Leerink | 100.0 | 0.5 | 45.0 | 0.4 | 1 | 100.0 |
| 1 | UBS Investment Bank | 951.8 | 4.4 | 498.8 | 4.3 | 4 | 237.9 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | Barclays | 233.0 | 3.5 | 101.3 | 3.4 | 1 | 233.0 |
| 1 | BofA Securities, Inc. | 250.0 | 3.8 | 109.1 | 3.7 | 1 | 250.0 |
| 1 | BTIG | 680.8 | 10.2 | 193.6 | 6.6 | 3 | 226.9 |
| 1 | Cantor Fitzgerald | 680.8 | 10.2 | 385.3 | 13.1 | 3 | 226.9 |
| 1 | Chardan | 287.5 | 4.3 | 128.1 | 4.4 | 3 | 95.8 |
| 1 | Cowen and Company | 280.5 | 4.2 | 190.0 | 6.5 | 2 | 140.3 |
| 1 | Craig-Hallum Capital Group | 108.0 | 1.6 | 30.0 | 1.0 | 1 | 108.0 |
| 1 | Credit Suisse | 650.0 | 9.8 | 264.6 | 9.0 | 2 | 325.0 |
| 1 | Deutsche Bank Securities | 1,215.6 | 18.2 | 712.8 | 24.2 | 4 | 303.9 |
| 1 | EarlyBirdCapital, Inc. | 276.0 | 4.1 | 175.0 | 6.0 | 1 | 276.0 |
| 1 | Goldman Sachs | 938.6 | 14.1 | 345.0 | 11.7 | 3 | 312.9 |
| 1 | Nomura | 300.2 | 4.5 | 159.5 | 5.4 | 1 | 300.2 |
| 1 | Stifel, Nicolaus & Company | 530.2 | 8.0 | 111.9 | 3.8 | 2 | 265.1 |
| 1 | UBS Investment Bank | 233.0 | 3.5 | 33.8 | 1.1 | 1 | 233.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 143.8 | 3.2 | 125.0 | 4.2 | 1 | 143.8 |
| 1 | BofA Securities, Inc. | 287.5 | 6.4 | 84.9 | 2.9 | 1 | 287.5 |
| 1 | Cantor Fitzgerald | 987.5 | 22.0 | 861.0 | 29.0 | 3 | 329.2 |
| 1 | Chardan | 115.0 | 2.6 | 70.0 | 2.4 | 1 | 115.0 |
| 1 | Citigroup | 940.0 | 20.9 | 795.0 | 26.8 | 2 | 470.0 |
| 1 | Credit Suisse | 287.5 | 6.4 | 157.6 | 5.3 | 1 | 287.5 |
| 1 | Deutsche Bank Securities | 400.0 | 8.9 | 169.8 | 5.7 | 1 | 400.0 |
| 1 | EarlyBirdCapital, Inc. | 172.5 | 3.8 | 72.0 | 2.4 | 1 | 172.5 |
| 1 | Goldman Sachs | 400.0 | 8.9 | 169.8 | 5.7 | 1 | 400.0 |
| 1 | I-Bankers Securities, Inc. | 115.0 | 2.6 | 45.0 | 1.5 | 1 | 115.0 |
| 1 | Jefferies | 316.3 | 7.0 | 275.0 | 9.3 | 1 | 316.3 |
| 1 | Maxim Group | 46.0 | 1.0 | 40.0 | 1.3 | 1 | 46.0 |
| 1 | Northland Capital Markets | 172.5 | 3.8 | 74.1 | 2.5 | 1 | 172.5 |
| 1 | UBS Investment Bank | 115.0 | 2.6 | 30.0 | 1.0 | 1 | 115.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 253.0 | 4.4 | 220.0 | 7.8 | 1 | 253.0 |
| 1 | BTIG | 460.0 | 8.0 | 275.0 | 9.8 | 2 | 230.0 |
| 1 | Cantor Fitzgerald | 925.0 | 16.1 | 539.8 | 19.2 | 3 | 308.3 |
| 1 | Chardan | 44.4 | 0.8 | 40.0 | 1.4 | 1 | 44.4 |
| 1 | Citigroup | 589.1 | 10.2 | 165.0 | 5.9 | 2 | 294.6 |
| 1 | Credit Suisse | 937.9 | 16.3 | 505.5 | 18.0 | 4 | 234.5 |
| 1 | Deutsche Bank Securities | 926.3 | 16.1 | 387.5 | 13.8 | 3 | 308.8 |
| 1 | EarlyBirdCapital, Inc. | 172.5 | 3.0 | 100.0 | 3.6 | 1 | 172.5 |
| 1 | Goldman Sachs | 764.1 | 13.3 | 350.0 | 12.5 | 2 | 382.1 |
| 1 | J.P. Morgan | 275.0 | 4.8 | 75.0 | 2.7 | 1 | 275.0 |
| 1 | Maxim Group | 57.5 | 1.0 | 0.0 | 0.0 | 1 | 57.5 |
| 1 | Morgan Stanley | 345.0 | 6.0 | 150.0 | 5.3 | 1 | 345.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 149.5 | 3.1 | 130.0 | 4.5 | 1 | 149.5 |
| 1 | Barclays | 508.8 | 10.7 | 200.0 | 7.0 | 2 | 254.4 |
| 1 | BMO Capital Markets | 100.0 | 2.1 | 55.0 | 1.9 | 1 | 100.0 |
| 1 | BTIG | 460.0 | 9.6 | 261.3 | 9.1 | 2 | 230.0 |
| 1 | Cantor Fitzgerald | 1,045.0 | 21.9 | 780.0 | 27.3 | 5 | 209.0 |
| 1 | Credit Suisse | 624.3 | 13.1 | 358.4 | 12.5 | 2 | 312.1 |
| 1 | EarlyBirdCapital, Inc. | 348.5 | 7.3 | 240.0 | 8.4 | 3 | 116.2 |
| 1 | I-Bankers Securities, Inc. | 57.5 | 1.2 | 50.0 | 1.7 | 1 | 57.5 |
| 1 | J.P. Morgan | 300.0 | 6.3 | 91.7 | 3.2 | 1 | 300.0 |
| 1 | Jefferies | 172.5 | 3.6 | 120.0 | 4.2 | 1 | 172.5 |
| 1 | Morgan Stanley | 300.0 | 6.3 | 91.7 | 3.2 | 1 | 300.0 |
| 1 | SVB Leerink | 100.0 | 2.1 | 45.0 | 1.6 | 1 | 100.0 |
| 1 | UBS Investment Bank | 603.8 | 12.7 | 435.0 | 15.2 | 2 | 301.9 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 143.8 | 1.3 | 125.0 | 2.1 | 1 | 143.8 |
| 1 | Barclays | 233.0 | 2.1 | 101.3 | 1.7 | 1 | 233.0 |
| 1 | BofA Securities, Inc. | 537.5 | 4.8 | 194.0 | 3.3 | 2 | 268.8 |
| 1 | BTIG | 680.8 | 6.1 | 193.6 | 3.3 | 3 | 226.9 |
| 1 | Cantor Fitzgerald | 1,668.3 | 14.9 | 1,246.3 | 21.1 | 6 | 278.1 |
| 1 | Chardan | 402.5 | 3.6 | 198.1 | 3.4 | 4 | 100.6 |
| 1 | Citigroup | 940.0 | 8.4 | 795.0 | 13.5 | 2 | 470.0 |
| 1 | Cowen and Company | 280.5 | 2.5 | 190.0 | 3.2 | 2 | 140.3 |
| 1 | Craig-Hallum Capital Group | 108.0 | 1.0 | 30.0 | 0.5 | 1 | 108.0 |
| 1 | Credit Suisse | 937.5 | 8.4 | 422.3 | 7.1 | 3 | 312.5 |
| 1 | Deutsche Bank Securities | 1,615.6 | 14.5 | 882.5 | 14.9 | 5 | 323.1 |
| 1 | EarlyBirdCapital, Inc. | 448.5 | 4.0 | 247.0 | 4.2 | 2 | 224.3 |
| 1 | Goldman Sachs | 1,338.6 | 12.0 | 514.8 | 8.7 | 4 | 334.6 |
| 1 | I-Bankers Securities, Inc. | 115.0 | 1.0 | 45.0 | 0.8 | 1 | 115.0 |
| 1 | Jefferies | 316.3 | 2.8 | 275.0 | 4.7 | 1 | 316.3 |
| 1 | Maxim Group | 46.0 | 0.4 | 40.0 | 0.7 | 1 | 46.0 |
| 1 | Nomura | 300.2 | 2.7 | 159.5 | 2.7 | 1 | 300.2 |
| 1 | Northland Capital Markets | 172.5 | 1.5 | 74.1 | 1.3 | 1 | 172.5 |
| 1 | Stifel, Nicolaus & Company | 530.2 | 4.7 | 111.9 | 1.9 | 2 | 265.1 |
| 1 | UBS Investment Bank | 348.0 | 3.1 | 63.8 | 1.1 | 2 | 174.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 625.3 | 3.5 | 515.5 | 5.9 | 3 | 208.4 |
| 1 | BofA Securities, Inc. | 1,897.5 | 10.6 | 643.0 | 7.3 | 5 | 379.5 |
| 1 | BTIG | 299.3 | 1.7 | 55.0 | 0.6 | 2 | 149.6 |
| 1 | Cantor Fitzgerald | 1,675.6 | 9.3 | 1,113.0 | 12.7 | 8 | 209.4 |
| 1 | Chardan | 2,055.9 | 11.5 | 717.2 | 8.2 | 14 | 146.9 |
| 1 | CIM Securities | 115.0 | 0.6 | 0.5 | 0.0 | 1 | 115.0 |
| 1 | Citigroup | 1,882.0 | 10.5 | 1,133.4 | 12.9 | 4 | 470.5 |
| 1 | Citigroup, Wells Fargo, Wells Fargo Securities | 63.3 | 0.4 | 27.5 | 0.3 | 1 | 63.3 |
| 1 | CLSA | 258.0 | 1.4 | 45.0 | 0.5 | 1 | 258.0 |
| 1 | Cowen and Company | 230.0 | 1.3 | 165.0 | 1.9 | 1 | 230.0 |
| 1 | Credit Suisse | 2,212.0 | 12.3 | 913.9 | 10.4 | 5 | 442.4 |
| 1 | Deutsche Bank Securities | 1,250.0 | 7.0 | 751.8 | 8.6 | 4 | 312.5 |
| 1 | Dowling & Partners | 172.5 | 1.0 | 42.0 | 0.5 | 1 | 172.5 |
| 1 | EarlyBirdCapital, Inc. | 1,527.9 | 8.5 | 843.5 | 9.6 | 9 | 169.8 |
| 1 | Goldman Sachs | 1,215.0 | 6.8 | 711.3 | 8.1 | 3 | 405.0 |
| 1 | Jefferies | 564.3 | 3.1 | 420.0 | 4.8 | 3 | 188.1 |
| 1 | Ladenburg Thalmann | 115.0 | 0.6 | 92.5 | 1.1 | 1 | 115.0 |
| 1 | Macquarie Capital | 200.0 | 1.1 | 59.0 | 0.7 | 1 | 200.0 |
| 1 | Maxim Group | 63.3 | 0.4 | 55.0 | 0.6 | 1 | 63.3 |
| 1 | Morgan Stanley | 200.0 | 1.1 | 67.5 | 0.8 | 1 | 200.0 |
| 1 | Oppenheimer & Co. | 657.8 | 3.7 | 235.4 | 2.7 | 2 | 328.9 |
| 1 | Raymond James | 155.3 | 0.9 | 44.6 | 0.5 | 1 | 155.3 |
| 1 | UBS Investment Bank | 508.0 | 2.8 | 137.5 | 1.6 | 2 | 254.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 125.0 | 3.1 | 125.0 | 6.4 | 1 | 125.0 |
| 1 | BofA Securities, Inc. | 625.0 | 15.3 | 276.5 | 14.2 | 2 | 312.5 |
| 1 | Cantor Fitzgerald | 380.5 | 9.3 | 268.0 | 13.7 | 2 | 190.3 |
| 1 | Chardan | 495.5 | 12.2 | 50.0 | 2.6 | 3 | 165.2 |
| 1 | CIM Securities | 115.0 | 2.8 | 0.5 | 0.0 | 1 | 115.0 |
| 1 | Citigroup | 200.0 | 4.9 | 200.0 | 10.2 | 1 | 200.0 |
| 1 | Credit Suisse | 300.0 | 7.4 | 160.1 | 8.2 | 1 | 300.0 |
| 1 | Deutsche Bank Securities | 850.0 | 20.9 | 376.8 | 19.3 | 3 | 283.3 |
| 1 | Dowling & Partners | 172.5 | 4.2 | 42.0 | 2.2 | 1 | 172.5 |
| 1 | EarlyBirdCapital, Inc. | 172.5 | 4.2 | 130.0 | 6.7 | 2 | 86.3 |
| 1 | Goldman Sachs | 525.0 | 12.9 | 231.3 | 11.8 | 2 | 262.5 |
| 1 | Ladenburg Thalmann | 115.0 | 2.8 | 92.5 | 4.7 | 1 | 115.0 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 500.3 | 8.8 | 390.5 | 14.2 | 2 | 250.1 |
| 1 | BofA Securities, Inc. | 632.5 | 11.1 | 199.1 | 7.2 | 1 | 632.5 |
| 1 | Cantor Fitzgerald | 258.0 | 4.5 | 145.0 | 5.3 | 1 | 258.0 |
| 1 | Chardan | 689.3 | 12.1 | 223.0 | 8.1 | 3 | 229.8 |
| 1 | CLSA | 258.0 | 4.5 | 45.0 | 1.6 | 1 | 258.0 |
| 1 | Cowen and Company | 230.0 | 4.0 | 165.0 | 6.0 | 1 | 230.0 |
| 1 | Credit Suisse | 920.0 | 16.1 | 485.4 | 17.7 | 2 | 460.0 |
| 1 | EarlyBirdCapital, Inc. | 676.0 | 11.8 | 298.5 | 10.9 | 3 | 225.3 |
| 1 | Goldman Sachs | 690.0 | 12.1 | 480.0 | 17.5 | 1 | 690.0 |
| 1 | Oppenheimer & Co. | 414.0 | 7.2 | 174.7 | 6.4 | 1 | 414.0 |
| 1 | Raymond James | 155.3 | 2.7 | 44.6 | 1.6 | 1 | 155.3 |
| 1 | UBS Investment Bank | 287.5 | 5.0 | 97.5 | 3.5 | 1 | 287.5 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | BTIG | 169.3 | 5.1 | 22.5 | 1.2 | 1 | 169.3 |
| 1 | Cantor Fitzgerald | 189.5 | 5.7 | 40.0 | 2.1 | 2 | 94.8 |
| 1 | Chardan | 259.3 | 7.8 | 177.0 | 9.1 | 3 | 86.4 |
| 1 | Citigroup | 1,242.0 | 37.3 | 743.4 | 38.4 | 2 | 621.0 |
| 1 | Credit Suisse | 552.0 | 16.6 | 158.4 | 8.2 | 1 | 552.0 |
| 1 | Deutsche Bank Securities | 400.0 | 12.0 | 375.0 | 19.4 | 1 | 400.0 |
| 1 | EarlyBirdCapital, Inc. | 250.0 | 7.5 | 206.3 | 10.6 | 1 | 250.0 |
| 1 | Jefferies | 200.0 | 6.0 | 160.0 | 8.3 | 1 | 200.0 |
| 1 | Maxim Group | 63.3 | 1.9 | 55.0 | 2.8 | 1 | 63.3 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | BofA Securities, Inc. | 640.0 | 13.2 | 167.5 | 7.8 | 2 | 320.0 |
| 1 | BTIG | 130.0 | 2.7 | 32.5 | 1.5 | 1 | 130.0 |
| 1 | Cantor Fitzgerald | 847.6 | 17.5 | 660.0 | 30.7 | 3 | 282.5 |
| 1 | Chardan | 611.9 | 12.7 | 267.2 | 12.4 | 5 | 122.4 |
| 1 | Citigroup | 440.0 | 9.1 | 190.0 | 8.8 | 1 | 440.0 |
| 1 | Citigroup, Wells Fargo, Wells Fargo Securities | 63.3 | 1.3 | 27.5 | 1.3 | 1 | 63.3 |
| 1 | Credit Suisse | 440.0 | 9.1 | 110.0 | 5.1 | 1 | 440.0 |
| 1 | EarlyBirdCapital, Inc. | 429.4 | 8.9 | 208.8 | 9.7 | 3 | 143.1 |
| 1 | Jefferies | 364.3 | 7.5 | 260.0 | 12.1 | 2 | 182.1 |
| 1 | Macquarie Capital | 200.0 | 4.1 | 59.0 | 2.7 | 1 | 200.0 |
| 1 | Morgan Stanley | 200.0 | 4.1 | 67.5 | 3.1 | 1 | 200.0 |
| 1 | Oppenheimer & Co. | 243.8 | 5.0 | 60.8 | 2.8 | 1 | 243.8 |
| 1 | UBS Investment Bank | 220.5 | 4.6 | 40.0 | 1.9 | 1 | 220.5 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 625.3 | 6.4 | 515.5 | 11.0 | 3 | 208.4 |
| 1 | BofA Securities, Inc. | 1,257.5 | 12.8 | 475.5 | 10.1 | 3 | 419.2 |
| 1 | Cantor Fitzgerald | 638.5 | 6.5 | 413.0 | 8.8 | 3 | 212.8 |
| 1 | Chardan | 1,184.8 | 12.1 | 273.0 | 5.8 | 6 | 197.5 |
| 1 | CIM Securities | 115.0 | 1.2 | 0.5 | 0.0 | 1 | 115.0 |
| 1 | Citigroup | 200.0 | 2.0 | 200.0 | 4.3 | 1 | 200.0 |
| 1 | CLSA | 258.0 | 2.6 | 45.0 | 1.0 | 1 | 258.0 |
| 1 | Cowen and Company | 230.0 | 2.4 | 165.0 | 3.5 | 1 | 230.0 |
| 1 | Credit Suisse | 1,220.0 | 12.5 | 645.5 | 13.7 | 3 | 406.7 |
| 1 | Deutsche Bank Securities | 850.0 | 8.7 | 376.8 | 8.0 | 3 | 283.3 |
| 1 | Dowling & Partners | 172.5 | 1.8 | 42.0 | 0.9 | 1 | 172.5 |
| 1 | EarlyBirdCapital, Inc. | 848.5 | 8.7 | 428.5 | 9.1 | 5 | 169.7 |
| 1 | Goldman Sachs | 1,215.0 | 12.4 | 711.3 | 15.1 | 3 | 405.0 |
| 1 | Ladenburg Thalmann | 115.0 | 1.2 | 92.5 | 2.0 | 1 | 115.0 |
| 1 | Oppenheimer & Co. | 414.0 | 4.2 | 174.7 | 3.7 | 1 | 414.0 |
| 1 | Raymond James | 155.3 | 1.6 | 44.6 | 0.9 | 1 | 155.3 |
| 1 | UBS Investment Bank | 287.5 | 2.9 | 97.5 | 2.1 | 1 | 287.5 |
| Rank | Underwriter | Volume ($mm) | Volume % Mkt Share | Volume Sold ($mm) | Volume Sold % Mkt Share | Total Deal Count | Average Deal Size |
|---|---|---|---|---|---|---|---|
| 1 | B. Riley Securities | 345.0 | 1.6 | 95.7 | 1.3 | 2 | 172.5 |
| 1 | BofA Securities, Inc. | 460.0 | 2.2 | 160.0 | 2.1 | 1 | 460.0 |
| 1 | Cantor Fitzgerald | 1,130.0 | 5.3 | 841.2 | 11.2 | 4 | 282.5 |
| 1 | Chardan | 384.5 | 1.8 | 49.8 | 0.7 | 4 | 96.1 |
| 1 | Citigroup | 4,121.8 | 19.3 | 1,012.5 | 13.5 | 8 | 515.2 |
| 1 | Cowen and Company | 287.5 | 1.3 | 216.3 | 2.9 | 2 | 143.8 |
| 1 | Credit Suisse | 3,629.0 | 17.0 | 1,434.7 | 19.1 | 7 | 518.4 |
| 1 | Deutsche Bank Securities | 3,659.8 | 17.1 | 1,307.0 | 17.4 | 7 | 522.8 |
| 1 | EarlyBirdCapital, Inc. | 1,214.2 | 5.7 | 729.5 | 9.7 | 8 | 151.8 |
| 1 | FBR | 230.0 | 1.1 | 150.0 | 2.0 | 1 | 230.0 |
| 1 | Goldman Sachs | 2,480.0 | 11.6 | 435.0 | 5.8 | 4 | 620.0 |
| 1 | J.P. Morgan | 1,197.5 | 5.6 | 172.5 | 2.3 | 3 | 399.2 |
| 1 | Ladenburg Thalmann | 115.0 | 0.5 | 47.0 | 0.6 | 1 | 115.0 |
| 1 | Macquarie Capital | 207.0 | 1.0 | 131.4 | 1.7 | 1 | 207.0 |
| 1 | Maxim Group | 282.0 | 1.3 | 166.0 | 2.2 | 2 | 141.0 |
| 1 | Morgan Stanley | 200.0 | 0.9 | 140.0 | 1.9 | 1 | 200.0 |
| 1 | National Bank of Canada Financial | 229.2 | 1.1 | 84.0 | 1.1 | 1 | 229.2 |
| 1 | RBC Capital Markets | 345.0 | 1.6 | 105.0 | 1.4 | 1 | 345.0 |
| 1 | Stifel, Nicolaus & Company | 556.7 | 2.6 | 135.9 | 1.8 | 2 | 278.3 |
| 1 | Wells Fargo Securities | 300.0 | 1.4 | 112.5 | 1.5 | 1 | 300.0 |
- YTD 2022
- FY 2021
- FY 2020
- 1H 2020
- Q1 2020
- Q2 2020
- Q3 2020
- FY 2019
- 1H 2019
- Q1 2019
- Q2 2019
- Q3 2019
- Q4 2019
- FY 2018
- Q1 2018
- Q2 2018
- Q3 2018
- Q4 2018
- 1H 2018
- 2017
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | ArentFox Schiff LLP | 451.3 | 3 | 1 | 2 | 150.4 | 1.9 |
| 1 | Baker Botts LLP | 338.7 | 2 | 1 | 1 | 169.3 | 1.5 |
| 1 | Becker & Poliakoff LLP | 316.3 | 3 | 2 | 1 | 105.4 | 1.4 |
| 1 | Blank Rome LLP | 80.5 | 1 | 0 | 1 | 80.5 | 0.3 |
| 1 | Davis Polk & Wardwell LLP | 1,896.3 | 7 | 2 | 5 | 270.9 | 8.1 |
| 1 | DLA Piper LLP | 230.0 | 1 | 0 | 1 | 230.0 | 1.0 |
| 1 | Ellenoff Grossman & Schole LLP | 3,364.8 | 18 | 6 | 12 | 186.9 | 14.4 |
| 1 | Graubard Miller | 230.0 | 2 | 0 | 2 | 115.0 | 1.0 |
| 1 | Hogan Lovells US LLP | 209.8 | 2 | 0 | 2 | 104.9 | 0.9 |
| 1 | Hunter Taubman Fischer & Li LLC | 276.0 | 3 | 1 | 2 | 92.0 | 1.2 |
| 1 | Kirkland & Ellis LLP | 298.4 | 2 | 0 | 2 | 149.2 | 1.3 |
| 1 | Kramer Levin Naftalis & Frankel LLP | 115.0 | 1 | 0 | 1 | 115.0 | 0.5 |
| 1 | Loeb & Loeb LLP | 1,943.1 | 17 | 11 | 6 | 114.3 | 8.3 |
| 1 | Manatt, Phelps & Phillips, LLP | 276.0 | 2 | 0 | 2 | 138.0 | 1.2 |
| 1 | McDermott Will & Emery LLP | 473.8 | 3 | 1 | 2 | 157.9 | 2.0 |
| 1 | Morrison & Foerster LLP | 258.8 | 1 | 0 | 1 | 258.8 | 1.1 |
| 1 | Ortoli Rosenstadt LLP | 155.3 | 2 | 0 | 2 | 77.6 | 0.7 |
| 1 | Paul Hastings LLP | 345.0 | 2 | 1 | 1 | 172.5 | 1.5 |
| 1 | Proskauer Rose LLP | 1,112.5 | 5 | 2 | 3 | 222.5 | 4.8 |
| 1 | Pryor Cashman LLP | 115.0 | 1 | 0 | 1 | 115.0 | 0.5 |
| 1 | Ropes & Gray LLP | 927.5 | 3 | 0 | 3 | 309.2 | 4.0 |
| 1 | Schiff Hardin LLP | 172.5 | 1 | 0 | 1 | 172.5 | 0.7 |
| 1 | Seward & Kissel LLP | 203.5 | 2 | 0 | 2 | 101.8 | 0.9 |
| 1 | Shearman & Sterling LLP | 302.5 | 2 | 1 | 1 | 151.3 | 1.3 |
| 1 | Simpson Thacher & Bartlett LLP | 449.3 | 2 | 1 | 1 | 224.7 | 1.9 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 1,271.6 | 6 | 2 | 4 | 211.9 | 5.4 |
| 1 | Sullivan & Worcester LLP | 115.0 | 1 | 0 | 1 | 115.0 | 0.5 |
| 1 | The Loev Law Firm, PC | 115.0 | 1 | 0 | 1 | 115.0 | 0.5 |
| 1 | Winston & Strawn LLP | 601.3 | 5 | 2 | 3 | 120.3 | 2.6 |
| 1 | Dentons US LLP | 202.0 | 1 | 1 | 0 | 202.0 | 0.9 |
| 1 | Gibson, Dunn & Crutcher LLP | 258.8 | 1 | 1 | 0 | 258.8 | 1.1 |
| 1 | Greenberg Traurig, LLP | 230.0 | 1 | 1 | 0 | 230.0 | 1.0 |
| 1 | Hughes Hubbard & Reed LLP | 230.0 | 1 | 1 | 0 | 230.0 | 1.0 |
| 1 | K&L Gates LLP | 86.3 | 1 | 1 | 0 | 86.3 | 0.4 |
| 1 | Katten Muchin Rosenman LLP | 241.5 | 1 | 1 | 0 | 241.5 | 1.0 |
| 1 | King & Spalding LLP | 287.5 | 1 | 1 | 0 | 287.5 | 1.2 |
| 1 | Latham & Watkins LLP | 316.3 | 1 | 1 | 0 | 316.3 | 1.4 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 92.0 | 1 | 1 | 0 | 92.0 | 0.4 |
| 1 | Nelson Mullins Riley & Scarborough LLP | 312.8 | 3 | 3 | 0 | 104.3 | 1.3 |
| 1 | Orrick, Herrington & Sutcliffe LLP | 115.0 | 1 | 1 | 0 | 115.0 | 0.5 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 747.5 | 3 | 3 | 0 | 249.2 | 3.2 |
| 1 | Pillsbury Winthrop Shaw Pittman LLP | 300.0 | 1 | 1 | 0 | 300.0 | 1.3 |
| 1 | Reed Smith LLP | 402.5 | 2 | 2 | 0 | 201.3 | 1.7 |
| 1 | Rimon, P.C. | 101.6 | 1 | 1 | 0 | 101.6 | 0.4 |
| 1 | Robinson & Cole LLP | 64.5 | 1 | 1 | 0 | 64.5 | 0.3 |
| 1 | Saul Ewing Arnstein & Lehr LLP | 100.0 | 1 | 1 | 0 | 100.0 | 0.4 |
| 1 | Sheppard, Mullin, Richter & Hampton LLP | 220.1 | 1 | 1 | 0 | 220.1 | 0.9 |
| 1 | Sichenzia Ross Ference LLP | 218.5 | 2 | 2 | 0 | 109.3 | 0.9 |
| 1 | Sidley Austin LLP | 163.0 | 2 | 2 | 0 | 81.5 | 0.7 |
| 1 | Venable LLP | 86.3 | 1 | 1 | 0 | 86.3 | 0.4 |
| 1 | Weil, Gotshal & Manges LLP | 525.0 | 1 | 1 | 0 | 525.0 | 2.2 |
| 1 | White & Case LLP | 1,395.0 | 4 | 4 | 0 | 348.8 | 6.0 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Graubard Miller | 11,617.5 | 54 | 14 | 40 | 215.1 | 3.6 |
| 1 | Akin Gump Strauss Hauer & Feld LLP | 789.9 | 3 | 1 | 2 | 263.3 | 0.2 |
| 1 | Alston & B |