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 2021
- Capital Markets Advisor YTD 2021
- Legal Advisor YTD 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 | 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 | 88,544.5 | 5.6 | 29 | 16 | 60,214.7 | 13 | 28,329.8 | 3,053.3 |
| 1 | BDT & Company | 1,711.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,711.0 | 1,711.0 |
| 1 | BMO Capital Markets | 3,270.0 | 0.2 | 2 | 2 | 3,270.0 | 0 | 0.0 | 1,635.0 |
| 1 | BofA Securities, Inc. | 51,932.0 | 3.3 | 25 | 11 | 29,501.0 | 14 | 22,431.0 | 2,077.3 |
| 1 | Broadhaven | 2,400.0 | 0.2 | 1 | 0 | 0.0 | 1 | 2,400.0 | 2,400.0 |
| 1 | Brookline Capital Markets | 300.0 | 0.0 | 1 | 0 | 0.0 | 1 | 300.0 | 300.0 |
| 1 | BTG Pactual | 1,100.0 | 0.1 | 1 | 1 | 1,100.0 | 0 | 0.0 | 1,100.0 |
| 1 | BTIG | 8,791.0 | 0.6 | 6 | 3 | 4,529.0 | 3 | 4,262.0 | 1,465.2 |
| 1 | Canaccord Genuity LLC | 2,005.0 | 0.1 | 2 | 1 | 1,230.0 | 1 | 775.0 | 1,002.5 |
| 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 | Chain Stone Capital Limited | 578.0 | 0.0 | 1 | 0 | 0.0 | 1 | 578.0 | 578.0 |
| 1 | Chardan | 3,813.4 | 0.2 | 8 | 7 | 2,616.4 | 1 | 1,197.0 | 476.7 |
| 1 | China Renaissance Securities | 4,081.0 | 0.3 | 1 | 0 | 0.0 | 1 | 4,081.0 | 4,081.0 |
| 1 | Citigroup | 132,154.2 | 8.4 | 42 | 12 | 28,605.0 | 30 | 103,549.2 | 3,146.5 |
| 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 | 26,424.3 | 1.7 | 16 | 6 | 9,023.8 | 10 | 17,400.5 | 1,651.5 |
| 1 | Credit Suisse | 87,103.0 | 5.6 | 41 | 19 | 33,945.0 | 22 | 53,158.0 | 2,124.5 |
| 1 | deNovo Corporate Advisors | 220.0 | 0.0 | 1 | 1 | 220.0 | 0 | 0.0 | 220.0 |
| 1 | Deutsche Bank Securities | 68,130.0 | 4.3 | 21 | 17 | 64,016.0 | 4 | 4,114.0 | 3,244.3 |
| 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. | 4,650.7 | 0.3 | 7 | 7 | 4,650.7 | 0 | 0.0 | 664.4 |
| 1 | EF Hutton | 992.7 | 0.1 | 1 | 1 | 992.7 | 0 | 0.0 | 992.7 |
| 1 | Evercore ISI | 62,613.0 | 4.0 | 12 | 2 | 6,095.0 | 10 | 56,518.0 | 5,217.8 |
| 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 | 8,507.0 | 0.5 | 4 | 0 | 0.0 | 4 | 8,507.0 | 2,126.8 |
| 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 | 166,380.5 | 10.6 | 50 | 21 | 69,268.4 | 29 | 97,112.2 | 3,327.6 |
| 1 | Greenhill & Co, LLC | 4,649.0 | 0.3 | 3 | 2 | 3,549.0 | 1 | 1,100.0 | 1,549.7 |
| 1 | Guggenheim Securities | 34,270.8 | 2.2 | 10 | 2 | 22,934.0 | 8 | 11,336.8 | 3,427.1 |
| 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 | 148,793.9 | 9.5 | 51 | 18 | 39,726.8 | 33 | 109,067.1 | 2,917.5 |
| 1 | Jefferies | 52,985.7 | 3.4 | 32 | 12 | 16,923.8 | 20 | 36,061.9 | 1,655.8 |
| 1 | JonesTrading Institutional Sevicers | 640.0 | 0.0 | 1 | 1 | 640.0 | 0 | 0.0 | 640.0 |
| 1 | Keefe, Bruyette & Woods | 33,593.0 | 2.1 | 2 | 1 | 959.0 | 1 | 32,634.0 | 16,796.5 |
| 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 | 13,865.0 | 0.9 | 6 | 3 | 7,945.0 | 3 | 5,920.0 | 2,310.8 |
| 1 | M. Klein and Company | 713.0 | 0.0 | 1 | 0 | 0.0 | 1 | 713.0 | 713.0 |
| 1 | Maison Placements Canada | 1,700.0 | 0.1 | 1 | 1 | 1,700.0 | 0 | 0.0 | 1,700.0 |
| 1 | Maxim Group | 2,342.9 | 0.1 | 3 | 3 | 2,342.9 | 0 | 0.0 | 781.0 |
| 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 | 24,950.4 | 1.6 | 16 | 13 | 20,498.0 | 3 | 4,452.4 | 1,559.4 |
| 1 | Morgan Stanley | 159,875.4 | 10.2 | 37 | 15 | 49,438.0 | 22 | 110,437.4 | 4,321.0 |
| 1 | Needham & Company | 2,250.0 | 0.1 | 1 | 1 | 2,250.0 | 0 | 0.0 | 2,250.0 |
| 1 | Nomura Greentech | 40,255.0 | 2.6 | 8 | 5 | 36,026.0 | 3 | 4,229.0 | 5,031.9 |
| 1 | Numis | 7,000.0 | 0.4 | 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. | 6,593.3 | 0.4 | 5 | 2 | 2,228.0 | 3 | 4,365.3 | 1,318.7 |
| 1 | Perella Weinberg Partners | 4,907.2 | 0.3 | 3 | 0 | 0.0 | 3 | 4,907.2 | 1,635.7 |
| 1 | Piper Sandler & Co. | 4,099.0 | 0.3 | 5 | 3 | 2,530.0 | 2 | 1,569.0 | 819.8 |
| 1 | PJ Solomon | 2,732.0 | 0.2 | 2 | 0 | 0.0 | 2 | 2,732.0 | 1,366.0 |
| 1 | PJT Partners | 37,504.0 | 2.4 | 13 | 4 | 14,142.0 | 9 | 23,362.0 | 2,884.9 |
| 1 | Raymond James | 10,455.0 | 0.7 | 7 | 2 | 3,027.0 | 5 | 7,428.0 | 1,493.6 |
| 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 | SternAegis Ventures | 0.0 | 0.0 | 1 | 0 | 0.0 | 1 | 0.0 | 0.0 |
| 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 | 4,997.0 | 0.3 | 2 | 2 | 4,997.0 | 0 | 0.0 | 2,498.5 |
| 1 | Truist Securities | 882.9 | 0.1 | 2 | 0 | 0.0 | 2 | 882.9 | 441.5 |
| 1 | UBS Investment Bank | 34,378.8 | 2.2 | 12 | 10 | 30,096.8 | 2 | 4,282.0 | 2,864.9 |
| 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 | 9,612.0 | 0.6 | 5 | 3 | 7,040.0 | 2 | 2,572.0 | 1,922.4 |
| 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 | 5,135.5 | 0.7 | 6 | 6 | 5,135.5 | 0 | 0.0 | 855.9 |
| 1 | Barclays | 42,287.5 | 5.7 | 19 | 11 | 24,610.7 | 8 | 17,676.8 | 2,225.7 |
| 1 | BMO Capital Markets | 290.0 | 0.0 | 1 | 1 | 290.0 | 0 | 0.0 | 290.0 |
| 1 | BofA Securities, Inc. | 17,031.0 | 2.3 | 11 | 8 | 11,725.0 | 3 | 5,306.0 | 1,548.3 |
| 1 | BTIG | 13,799.7 | 1.8 | 11 | 7 | 8,794.7 | 4 | 5,005.0 | 1,254.5 |
| 1 | Cantor Fitzgerald | 36,641.2 | 4.9 | 23 | 22 | 35,912.2 | 1 | 729.0 | 1,593.1 |
| 1 | Chardan | 526.0 | 0.1 | 1 | 1 | 526.0 | 0 | 0.0 | 526.0 |
| 1 | Citigroup | 82,844.0 | 11.1 | 30 | 22 | 63,507.0 | 8 | 19,337.0 | 2,761.5 |
| 1 | Cohen & Company | 2,700.0 | 0.4 | 2 | 1 | 1,400.0 | 1 | 1,300.0 | 1,350.0 |
| 1 | Collier Securities | 320.5 | 0.0 | 1 | 1 | 320.5 | 0 | 0.0 | 320.5 |
| 1 | Cowen and Company | 30,089.1 | 4.0 | 15 | 8 | 18,267.8 | 7 | 11,821.3 | 2,005.9 |
| 1 | Craig-Hallum Capital Group LLC | 962.3 | 0.1 | 3 | 3 | 962.3 | 0 | 0.0 | 320.8 |
| 1 | Credit Suisse | 80,576.0 | 10.8 | 42 | 23 | 42,826.0 | 19 | 37,750.0 | 1,918.5 |
| 1 | Deutsche Bank Securities | 68,940.0 | 9.2 | 23 | 21 | 67,014.0 | 2 | 1,926.0 | 2,997.4 |
| 1 | EarlyBirdCapital, Inc. | 5,591.3 | 0.7 | 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 | 18,504.3 | 2.5 | 7 | 2 | 5,565.3 | 5 | 12,939.0 | 2,643.5 |
| 1 | Farvahar Capital | 974.0 | 0.1 | 1 | 1 | 974.0 | 0 | 0.0 | 974.0 |
| 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 | 0.4 | 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 | 20,473.4 | 2.7 | 9 | 8 | 20,231.0 | 1 | 242.4 | 2,274.8 |
| 1 | Greenhill & Co, LLC | 1,100.0 | 0.1 | 1 | 0 | 0.0 | 1 | 1,100.0 | 1,100.0 |
| 1 | Guggenheim Securities | 21,625.0 | 2.9 | 7 | 3 | 16,395.0 | 4 | 5,230.0 | 3,089.3 |
| 1 | Imperial Capital | 210.0 | 0.0 | 1 | 1 | 210.0 | 0 | 0.0 | 210.0 |
| 1 | J.P. Morgan | 45,820.1 | 6.1 | 17 | 12 | 28,282.1 | 5 | 17,538.0 | 2,695.3 |
| 1 | Jefferies | 45,605.6 | 6.1 | 31 | 20 | 32,818.8 | 11 | 12,786.8 | 1,471.1 |
| 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 | Keefe, Bruyette & Woods | 959.0 | 0.1 | 1 | 1 | 959.0 | 0 | 0.0 | 959.0 |
| 1 | Ladenburg Thalmann | 1,147.0 | 0.2 | 2 | 1 | 822.0 | 1 | 325.0 | 573.5 |
| 1 | Lake Street | 187.0 | 0.0 | 1 | 0 | 0.0 | 1 | 187.0 | 187.0 |
| 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 | 3.4 | 7 | 5 | 13,893.0 | 2 | 11,382.0 | 3,610.7 |
| 1 | Needham & Company | 5,485.0 | 0.7 | 7 | 6 | 5,269.1 | 1 | 215.9 | 783.6 |
| 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 | Odeon Capital Group | 729.0 | 0.1 | 1 | 0 | 0.0 | 1 | 729.0 | 729.0 |
| 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. | 4,149.6 | 0.6 | 4 | 2 | 1,909.4 | 2 | 2,240.2 | 1,037.4 |
| 1 | PJT Partners | 1,498.0 | 0.2 | 2 | 1 | 556.0 | 1 | 942.0 | 749.0 |
| 1 | Raymond James | 4,083.0 | 0.5 | 2 | 2 | 4,083.0 | 0 | 0.0 | 2,041.5 |
| 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 | 14,559.6 | 2.0 | 11 | 6 | 9,663.3 | 5 | 4,896.3 | 1,323.6 |
| 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 | 0.5 | 2 | 2 | 4,043.4 | 0 | 0.0 | 2,021.7 |
| 1 | TPG Capital BD | 4,997.0 | 0.7 | 2 | 2 | 4,997.0 | 0 | 0.0 | 2,498.5 |
| 1 | Truist Securities | 6,960.0 | 0.9 | 3 | 1 | 667.0 | 2 | 6,293.0 | 2,320.0 |
| 1 | UBS Investment Bank | 36,270.8 | 4.9 | 14 | 13 | 35,159.8 | 1 | 1,111.0 | 2,590.8 |
| 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 | 1,221.3 | 0.2 | 2 | 2 | 1,221.3 | 0 | 0.0 | 610.7 |
| 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 | 0.3 | 2,500.0 | 2 | 1 | 3,425.0 | 1 | 1,575.0 |
| 1 | Allen & Overy LLP | 3,623.0 | 0.2 | 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 | 9,332.0 | 0.6 | 4,666.0 | 2 | 1 | 6,732.0 | 1 | 2,600.0 |
| 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 | 300.0 | 0.0 | 300.0 | 1 | 0 | 0.0 | 1 | 300.0 |
| 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 | 13,110.0 | 0.9 | 3,277.5 | 4 | 3 | 12,628.0 | 1 | 482.0 |
| 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 | 0.3 | 2,499.5 | 2 | 1 | 4,643.0 | 1 | 356.0 |
| 1 | Cohen Tauber Spievack & Wagner P.C. | 300.0 | 0.0 | 300.0 | 1 | 0 | 0.0 | 1 | 300.0 |
| 1 | Cooley LLP | 47,114.3 | 3.2 | 2,048.4 | 23 | 3 | 11,427.0 | 20 | 35,687.3 |
| 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 | 47,735.3 | 3.3 | 2,273.1 | 21 | 10 | 14,346.3 | 11 | 33,389.0 |
| 1 | Debevoise & Plimpton LLP | 2,850.0 | 0.2 | 2,850.0 | 1 | 0 | 0.0 | 1 | 2,850.0 |
| 1 | Dechert LLP | 555.0 | 0.0 | 555.0 | 1 | 0 | 0.0 | 1 | 555.0 |
| 1 | Dentons US LLP | 1,441.8 | 0.1 | 480.6 | 3 | 3 | 1,441.8 | 0 | 0.0 |
| 1 | DLA Piper LLP | 51,940.4 | 3.6 | 3,055.3 | 17 | 7 | 40,287.0 | 10 | 11,653.4 |
| 1 | Dorsey & Whitney LLP | 822.0 | 0.1 | 822.0 | 1 | 0 | 0.0 | 1 | 822.0 |
| 1 | Duff & Phelps, LLC | 2,700.0 | 0.2 | 2,700.0 | 1 | 0 | 0.0 | 1 | 2,700.0 |
| 1 | Ellenoff Grossman & Schole LLP | 13,757.7 | 0.9 | 982.7 | 14 | 13 | 11,657.7 | 1 | 2,100.0 |
| 1 | Ernst & Young | 1,404.0 | 0.1 | 1,404.0 | 1 | 0 | 0.0 | 1 | 1,404.0 |
| 1 | Fasken Martineau DuMoulin LLP | 2,400.0 | 0.2 | 2,400.0 | 1 | 0 | 0.0 | 1 | 2,400.0 |
| 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 | 825.0 | 0.1 | 412.5 | 2 | 1 | 655.0 | 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 | 12,349.1 | 0.8 | 1,372.1 | 9 | 6 | 7,852.1 | 3 | 4,497.0 |
| 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 | 43,043.0 | 3.0 | 1,655.5 | 26 | 7 | 7,470.5 | 19 | 35,572.5 |
| 1 | Gornitzky & Co | 1,100.5 | 0.1 | 1,100.5 | 1 | 1 | 1,100.5 | 0 | 0.0 |
| 1 | Graubard Miller | 3,549.4 | 0.2 | 887.4 | 4 | 4 | 3,549.4 | 0 | 0.0 |
| 1 | Greenberg Traurig, LLP | 14,835.0 | 1.0 | 1,483.5 | 10 | 7 | 12,230.0 | 3 | 2,605.0 |
| 1 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP | 1,543.8 | 0.1 | 771.9 | 2 | 0 | 0.0 | 2 | 1,543.8 |
| 1 | Gunster Yoakley & Stewart, P.A. | 567.1 | 0.0 | 567.1 | 1 | 0 | 0.0 | 1 | 567.1 |
| 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 | 0.4 | 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 | 9,140.0 | 0.6 | 1,828.0 | 5 | 5 | 9,140.0 | 0 | 0.0 |
| 1 | Hunter Taubman Fischer & Li LLC | 578.0 | 0.0 | 578.0 | 1 | 0 | 0.0 | 1 | 578.0 |
| 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 | 1,605.0 | 0.1 | 802.5 | 2 | 1 | 897.0 | 1 | 708.0 |
| 1 | Katten Muchin Rosenman LLP | 842.0 | 0.1 | 842.0 | 1 | 1 | 842.0 | 0 | 0.0 |
| 1 | Katz Teller Brant & Hild, LPA | 567.1 | 0.0 | 567.1 | 1 | 0 | 0.0 | 1 | 567.1 |
| 1 | Kellerhals Carrard Basel KIG | 360.0 | 0.0 | 360.0 | 1 | 1 | 360.0 | 0 | 0.0 |
| 1 | King & Spalding LLP | 9,465.8 | 0.7 | 2,366.5 | 4 | 2 | 3,192.0 | 2 | 6,273.8 |
| 1 | Kirkland & Ellis LLP | 134,064.2 | 9.2 | 2,793.0 | 48 | 31 | 79,587.5 | 17 | 54,476.7 |
| 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 | 132,443.3 | 9.1 | 2,207.4 | 60 | 11 | 15,779.6 | 49 | 116,663.7 |
| 1 | Ledgewood, PC | 1,400.0 | 0.1 | 1,400.0 | 1 | 1 | 1,400.0 | 0 | 0.0 |
| 1 | Linklaters LLP | 2,400.0 | 0.2 | 1,200.0 | 2 | 2 | 2,400.0 | 0 | 0.0 |
| 1 | Loeb & Loeb LLP | 14,061.8 | 1.0 | 878.9 | 16 | 15 | 13,761.8 | 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 | 0.0 | 358.0 | 2 | 1 | 356.0 | 1 | 360.0 |
| 1 | Mattos Filho | 3,065.0 | 0.2 | 1,532.5 | 2 | 2 | 3,065.0 | 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 | 1,600.0 | 0.1 | 800.0 | 2 | 1 | 300.0 | 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 | 5,014.0 | 0.3 | 1,671.3 | 3 | 2 | 2,414.0 | 1 | 2,600.0 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 5,443.8 | 0.4 | 1,088.8 | 5 | 1 | 419.0 | 4 | 5,024.8 |
| 1 | Morgan Lewis & Bockius, LLP | 23,395.6 | 1.6 | 2,924.5 | 8 | 4 | 17,700.0 | 4 | 5,695.6 |
| 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 | 775.0 | 0.1 | 775.0 | 1 | 1 | 775.0 | 0 | 0.0 |
| 1 | Norton Rose Fulbright | 220.0 | 0.0 | 220.0 | 1 | 0 | 0.0 | 1 | 220.0 |
| 1 | O'Melveny & Myers | 6,125.0 | 0.4 | 1,531.3 | 4 | 0 | 0.0 | 4 | 6,125.0 |
| 1 | Ogier | 4,481.0 | 0.3 | 2,240.5 | 2 | 2 | 4,481.0 | 0 | 0.0 |
| 1 | Okada Manila Schulte Roth & Zabel | 2,600.0 | 0.2 | 2,600.0 | 1 | 1 | 2,600.0 | 0 | 0.0 |
| 1 | Orrick Herrington & Sutcliffe LLP | 9,264.0 | 0.6 | 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 | 6,165.0 | 0.4 | 880.7 | 7 | 4 | 3,912.0 | 3 | 2,253.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 21,343.0 | 1.5 | 2,134.3 | 10 | 6 | 15,580.0 | 4 | 5,763.0 |
| 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 | 3,337.0 | 0.2 | 1,112.3 | 3 | 1 | 974.0 | 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 | 68,286.8 | 4.7 | 5,252.8 | 13 | 10 | 62,775.8 | 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 | 13,976.0 | 1.0 | 3,494.0 | 4 | 1 | 959.0 | 3 | 13,017.0 |
| 1 | Sheppard, Mullin, Richter & Hampton LLP | 2,365.0 | 0.2 | 788.3 | 3 | 2 | 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 | 17,352.0 | 1.2 | 2,892.0 | 6 | 4 | 14,299.0 | 2 | 3,053.0 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 124,766.4 | 8.6 | 3,898.9 | 32 | 21 | 56,123.0 | 11 | 68,643.4 |
| 1 | Slaughter and May and Maples | 1,133.0 | 0.1 | 1,133.0 | 1 | 0 | 0.0 | 1 | 1,133.0 |
| 1 | Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP | 0.0 | 0.0 | 0.0 | 1 | 0 | 0.0 | 1 | 0.0 |
| 1 | Steptoe & Johnson LLP | 4,984.0 | 0.3 | 4,984.0 | 1 | 0 | 0.0 | 1 | 4,984.0 |
| 1 | Stikeman Elliott | 3,499.0 | 0.2 | 1,749.5 | 2 | 2 | 3,499.0 | 0 | 0.0 |
| 1 | Stoel Rives LLP | 1,900.0 | 0.1 | 1,900.0 | 1 | 0 | 0.0 | 1 | 1,900.0 |
| 1 | Stradley Ronan Stevens & Young, LLP | 567.1 | 0.0 | 567.1 | 1 | 0 | 0.0 | 1 | 567.1 |
| 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 | 23,933.0 | 1.6 | 3,419.0 | 7 | 3 | 7,250.0 | 4 | 16,683.0 |
| 1 | Tarter Krinsky & Drogin LLP | 210.0 | 0.0 | 210.0 | 1 | 1 | 210.0 | 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 | 4,081.0 | 0.3 | 4,081.0 | 1 | 0 | 0.0 | 1 | 4,081.0 |
| 1 | Troutman Pepper LLP | 3,894.5 | 0.3 | 973.6 | 4 | 0 | 0.0 | 4 | 3,894.5 |
| 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. | 18,529.0 | 1.3 | 1,544.1 | 12 | 11 | 16,473.0 | 1 | 2,056.0 |
| 1 | Wachtell, Lipton, Rosen & Katz | 9,450.0 | 0.6 | 4,725.0 | 2 | 1 | 2,850.0 | 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 | 106,550.3 | 7.3 | 5,919.5 | 18 | 11 | 62,159.0 | 7 | 44,391.3 |
| 1 | White & Case LLP | 67,888.3 | 4.7 | 2,262.9 | 30 | 21 | 52,559.5 | 9 | 15,328.8 |
| 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 | 30,657.7 | 2.1 | 2,043.8 | 15 | 0 | 0.0 | 15 | 30,657.7 |
| 1 | Winston & Strawn LLP | 17,936.0 | 1.2 | 1,195.7 | 15 | 10 | 13,931.0 | 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 | 205.9 | 0.1 | 205.9 | 1 | 1 | 205.9 | 0 | 0.0 |
| 1 | Stikeman Elliott LLP | 1,505.0 | 0.4 | 1,505.0 | 1 | 0 | 0.0 | 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 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 | 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 | 592.5 | 0.2 | 450.4 | 0.3 | 5 | 118.5 |
| 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. | 17,623.0 | 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 | 39,632.3 | 14.1 | 20,587.7 | 14.8 | 108 | 367.0 |
| 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 | 14,039.6 | 5.0 | 6,368.3 | 4.6 | 37 | 379.4 |
| 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 | 9,689.5 | 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 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 | 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 & Bird LLP | 172.5 | 1 | 0 | 1 | 172.5 | 0.1 |
| 1 | Baker Botts LLP | 130.0 | 1 | 0 | 1 | 130.0 | 0.0 |
| 1 | Ballard Spahr LLP | 101.2 | 1 | 0 | 1 | 101.2 | 0.0 |
| 1 | Blank Rome LLP | 713.5 | 5 | 2 | 3 | 142.7 | 0.2 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 1,312.0 | 5 | 4 | 1 | 262.4 | 0.4 |
| 1 | Cooley LLP | 1,227.2 | 6 | 5 | 1 | 204.5 | 0.4 |
| 1 | Cravath, Swaine & Moore LLP | 1,941.0 | 7 | 1 | 6 | 277.3 | 0.6 |
| 1 | Davis Polk & Wardwell LLP | 27,624.1 | 82 | 25 | 57 | 336.9 | 8.5 |
| 1 | DLA Piper LLP | 4,592.3 | 20 | 11 | 9 | 229.6 | 1.4 |
| 1 | Ellenoff Grossman & Schole LLP | 34,007.0 | 148 | 72 | 76 | 229.8 | 10.5 |
| 1 | Freshfields Bruckhaus Deringer US LLP | 952.0 | 4 | 2 | 2 | 238.0 | 0.3 |
| 1 | Goodwin Procter LLP | 3,408.6 | 13 | 12 | 1 | 262.2 | 1.0 |
| 1 | Greenberg Traurig, LLP | 8,658.2 | 38 | 23 | 15 | 227.8 | 2.7 |
| 1 | Harter Secrest & Emery LLP | 365.0 | 3 | 2 | 1 | 121.7 | 0.1 |
| 1 | Hogan Lovells US LLP | 207.5 | 2 | 1 | 1 | 103.8 | 0.1 |
| 1 | Hunter Taubman Fischer & Li LLC | 613.6 | 7 | 4 | 3 | 87.7 | 0.2 |
| 1 | Katten Muchin Rosenman LLP | 287.5 | 2 | 1 | 1 | 143.8 | 0.1 |
| 1 | Kirkland & Ellis LLP | 33,819.7 | 106 | 77 | 29 | 319.1 | 10.4 |
| 1 | Kramer Levin Naftalis & Frankel LLP | 218.5 | 3 | 0 | 3 | 72.8 | 0.1 |
| 1 | Latham & Watkins LLP | 12,033.8 | 38 | 20 | 18 | 316.7 | 3.7 |
| 1 | Loeb & Loeb LLP | 8,115.3 | 64 | 42 | 22 | 126.8 | 2.5 |
| 1 | Lucosky Brookman LLP | 507.6 | 3 | 0 | 3 | 169.2 | 0.2 |
| 1 | Manatt, Phelps & Phillips, LLP | 362.5 | 3 | 1 | 2 | 120.8 | 0.1 |
| 1 | McCarter & English, LLP | 182.6 | 1 | 0 | 1 | 182.6 | 0.1 |
| 1 | McDermott Will & Emery LLP | 947.8 | 7 | 5 | 2 | 135.4 | 0.3 |
| 1 | Milbank LLP | 1,080.0 | 3 | 2 | 1 | 360.0 | 0.3 |
| 1 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | 482.8 | 3 | 1 | 2 | 160.9 | 0.1 |
| 1 | Mitchell Silberberg & Knupp LLP | 115.0 | 1 | 0 | 1 | 115.0 | 0.0 |
| 1 | Morrison & Foerster LLP | 1,330.5 | 5 | 4 | 1 | 266.1 | 0.4 |
| 1 | Nelson Mullins Riley & Scarborough LLP | 1,700.8 | 12 | 8 | 4 | 141.7 | 0.5 |
| 1 | Ortoli Rosenstadt LLP | 257.5 | 2 | 0 | 2 | 128.7 | 0.1 |
| 1 | Paul Hastings LLP | 10,321.8 | 41 | 7 | 34 | 251.8 | 3.2 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 6,403.5 | 21 | 17 | 4 | 304.9 | 2.0 |
| 1 | Proskauer Rose LLP | 1,800.9 | 9 | 3 | 6 | 200.1 | 0.6 |
| 1 | Reed Smith LLP | 6,116.3 | 33 | 19 | 14 | 185.3 | 1.9 |
| 1 | Ropes & Gray LLP | 24,035.3 | 63 | 10 | 53 | 381.5 | 7.4 |
| 1 | Schiff Hardin LLP | 1,418.3 | 10 | 4 | 6 | 141.8 | 0.4 |
| 1 | Shearman & Sterling LLP | 7,578.7 | 30 | 6 | 24 | 252.6 | 2.3 |
| 1 | Sheppard, Mullin, Richter & Hampton LLP | 661.3 | 5 | 2 | 3 | 132.3 | 0.2 |
| 1 | Sidley Austin LLP | 5,546.4 | 26 | 10 | 16 | 213.3 | 1.7 |
| 1 | Simpson Thacher & Bartlett LLP | 1,475.0 | 6 | 2 | 4 | 245.8 | 0.5 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 28,731.2 | 88 | 28 | 60 | 326.5 | 8.8 |
| 1 | Sullivan & Cromwell LLP | 3,049.3 | 9 | 5 | 4 | 338.8 | 0.9 |
| 1 | The Loev Law Firm, PC | 427.0 | 4 | 1 | 3 | 106.8 | 0.1 |
| 1 | Troutman Pepper Hamilton Sanders LLP | 391.0 | 2 | 1 | 1 | 195.5 | 0.1 |
| 1 | Vinson & Elkins L.L.P. | 6,586.9 | 23 | 15 | 8 | 286.4 | 2.0 |
| 1 | Weil, Gotshal & Manges LLP | 12,072.5 | 26 | 21 | 5 | 464.3 | 3.7 |
| 1 | White & Case LLP | 25,692.8 | 79 | 38 | 41 | 325.2 | 7.9 |
| 1 | White and Williams LLP | 208.3 | 3 | 0 | 3 | 69.4 | 0.1 |
| 1 | Willow House, Cricket Square | 200.0 | 1 | 0 | 1 | 200.0 | 0.1 |
| 1 | Wilmer Cutler Pickering Hale & Dorr LLP | 423.8 | 2 | 1 | 1 | 211.9 | 0.1 |
| 1 | Winston & Strawn LLP | 5,855.2 | 25 | 15 | 10 | 234.2 | 1.8 |
| 1 | Baker & McKenzie LLP | 243.0 | 1 | 1 | 0 | 243.0 | 0.1 |
| 1 | Becker & Poliakoff LLP | 283.5 | 4 | 4 | 0 | 70.9 | 0.1 |
| 1 | BraunHagey & Borden LLP | 287.5 | 1 | 1 | 0 | 287.5 | 0.1 |
| 1 | Brown Rudnick LLP | 345.0 | 1 | 1 | 0 | 345.0 | 0.1 |
| 1 | Cadwalader, Wickersham & Taft LLP | 1,829.4 | 4 | 4 | 0 | 457.3 | 0.6 |
| 1 | Carter Ledyard & Milburn LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.1 |
| 1 | Cozen O’Connor P.C. | 230.0 | 1 | 1 | 0 | 230.0 | 0.1 |
| 1 | Davis Graham & Stubbs LLP | 207.0 | 1 | 1 | 0 | 207.0 | 0.1 |
| 1 | Debevoise & Plimpton LLP | 275.0 | 1 | 1 | 0 | 275.0 | 0.1 |
| 1 | Dechert LLP | 258.8 | 1 | 1 | 0 | 258.8 | 0.1 |
| 1 | Dentons US LLP | 115.0 | 1 | 1 | 0 | 115.0 | 0.0 |
| 1 | Eversheds Sutherland (US) LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.1 |
| 1 | Foley & Lardner LLP | 218.5 | 2 | 2 | 0 | 109.3 | 0.1 |
| 1 | Gibson, Dunn & Crutcher LLP | 1,826.2 | 6 | 6 | 0 | 304.4 | 0.6 |
| 1 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP | 276.0 | 1 | 1 | 0 | 276.0 | 0.1 |
| 1 | Haynes and Boone, LLP | 215.1 | 2 | 2 | 0 | 107.5 | 0.1 |
| 1 | Hughes Hubbard & Reed LLP | 810.8 | 3 | 3 | 0 | 270.3 | 0.2 |
| 1 | Husch Blackwell LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.1 |
| 1 | K&L Gates LLP | 338.0 | 2 | 2 | 0 | 169.0 | 0.1 |
| 1 | King & Spalding LLP | 480.0 | 2 | 2 | 0 | 240.0 | 0.1 |
| 1 | Ledgewood | 2,849.0 | 9 | 9 | 0 | 316.6 | 0.9 |
| 1 | Linklaters | 287.5 | 1 | 1 | 0 | 287.5 | 0.1 |
| 1 | Morrison Cohen LLP | 230.0 | 1 | 1 | 0 | 230.0 | 0.1 |
| 1 | Olshan Frome Wolosky LLP | 115.0 | 1 | 1 | 0 | 115.0 | 0.0 |
| 1 | Orrick, Herrington & Sutcliffe LLP | 553.0 | 2 | 2 | 0 | 276.5 | 0.2 |
| 1 | O’Melveny & Myers LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.1 |
| 1 | Perkins Coie LLP | 450.0 | 2 | 2 | 0 | 225.0 | 0.1 |
| 1 | Pillsbury Winthrop Shaw Pittman LLP | 345.0 | 1 | 1 | 0 | 345.0 | 0.1 |
| 1 | Pryor Cashman LLP | 126.5 | 1 | 1 | 0 | 126.5 | 0.0 |
| 1 | Rimon, P.C. | 460.0 | 3 | 3 | 0 | 153.3 | 0.1 |
| 1 | Sichenzia Ross Ference LLP | 86.3 | 1 | 1 | 0 | 86.3 | 0.0 |
| 1 | Steptoe & Johnson LLP | 276.0 | 1 | 1 | 0 | 276.0 | 0.1 |
| 1 | Venable LLP | 207.0 | 1 | 1 | 0 | 207.0 | 0.1 |
| 1 | Wachtell, Lipton, Rosen & Katz | 1,000.0 | 4 | 4 | 0 | 250.0 | 0.3 |
| 1 | Willkie Farr & Gallagher LLP | 225.0 | 1 | 1 | 0 | 225.0 | 0.1 |
| 1 | Wilson Sonsini Goodrich & Rosati | 345.0 | 1 | 1 | 0 | 345.0 | 0.1 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Davis Polk & Wardwell LLP | 14,230.7 | 35 | 4 | 31 | 406.6 | 8.5 |
| 1 | Ellenoff Grossman & Schole LLP | 17,040.1 | 70 | 42 | 28 | 243.4 | 10.2 |
| 1 | Graubard Miller | 5,869.8 | 25 | 8 | 17 | 234.8 | 3.5 |
| 1 | Greenberg Traurig, LLP | 4,046.4 | 17 | 8 | 9 | 238.0 | 2.4 |
| 1 | Hunter Taubman Fischer & Li LLC | 110.0 | 1 | 0 | 1 | 110.0 | 0.1 |
| 1 | K&L Gates LLP | 172.5 | 1 | 0 | 1 | 172.5 | 0.1 |
| 1 | Kirkland & Ellis LLP | 20,501.2 | 64 | 34 | 30 | 320.3 | 12.3 |
| 1 | Kramer Levin Naftalis & Frankel LLP | 40.0 | 1 | 0 | 1 | 40.0 | 0.0 |
| 1 | Latham & Watkins LLP | 2,721.5 | 7 | 4 | 3 | 388.8 | 1.6 |
| 1 | Loeb & Loeb LLP | 2,991.4 | 23 | 15 | 8 | 130.1 | 1.8 |
| 1 | Paul Hastings LLP | 2,129.9 | 7 | 2 | 5 | 304.3 | 1.3 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 4,849.1 | 6 | 5 | 1 | 808.2 | 2.9 |
| 1 | Proskauer Rose LLP | 518.8 | 2 | 1 | 1 | 259.4 | 0.3 |
| 1 | Reed Smith LLP | 230.0 | 1 | 0 | 1 | 230.0 | 0.1 |
| 1 | Ropes & Gray LLP | 20,675.5 | 45 | 10 | 35 | 459.5 | 12.4 |
| 1 | Scarinci Hollenbeck, LLC | 57.5 | 1 | 0 | 1 | 57.5 | 0.0 |
| 1 | Schiff Hardin LLP | 513.0 | 4 | 2 | 2 | 128.3 | 0.3 |
| 1 | Shearman & Sterling LLP | 5,246.1 | 12 | 0 | 12 | 437.2 | 3.1 |
| 1 | Sidley Austin LLP | 809.6 | 4 | 0 | 4 | 202.4 | 0.5 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 20,639.0 | 50 | 22 | 28 | 412.8 | 12.4 |
| 1 | Weil, Gotshal & Manges LLP | 7,648.3 | 15 | 12 | 3 | 509.9 | 4.6 |
| 1 | White & Case LLP | 15,026.1 | 47 | 24 | 23 | 319.7 | 9.0 |
| 1 | White and Williams LLP | 201.3 | 1 | 0 | 1 | 201.3 | 0.1 |
| 1 | Winston & Strawn LLP | 4,600.6 | 14 | 12 | 2 | 328.6 | 2.8 |
| 1 | Akin Gump Strauss Hauer & Feld LLP | 404.2 | 1 | 1 | 0 | 404.2 | 0.2 |
| 1 | Blank Rome LLP | 100.0 | 1 | 1 | 0 | 100.0 | 0.1 |
| 1 | Cadwalader, Wickersham & Taft LLP | 4,172.5 | 2 | 2 | 0 | 2,086.3 | 2.5 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 724.5 | 1 | 1 | 0 | 724.5 | 0.4 |
| 1 | Cooley LLP | 82.6 | 1 | 1 | 0 | 82.6 | 0.0 |
| 1 | Crowell & Moring LLP | 200.0 | 1 | 1 | 0 | 200.0 | 0.1 |
| 1 | Davis Polk & Wardwell LLP and Walkers (Hong Kong) | 175.0 | 1 | 1 | 0 | 175.0 | 0.1 |
| 1 | Debevoise & Plimpton LLP | 345.0 | 1 | 1 | 0 | 345.0 | 0.2 |
| 1 | Fried, Frank, Harris, Shriver & Jacobson LLP | 575.0 | 1 | 1 | 0 | 575.0 | 0.3 |
| 1 | Gennari Aronson, LLP | 136.0 | 1 | 1 | 0 | 136.0 | 0.1 |
| 1 | Goodwin Procter LLP | 2,548.8 | 10 | 10 | 0 | 254.9 | 1.5 |
| 1 | Haynes and Boone, LLP | 115.0 | 1 | 1 | 0 | 115.0 | 0.1 |
| 1 | Horwitz + Armstrong | 72.8 | 1 | 1 | 0 | 72.8 | 0.0 |
| 1 | Hughes Hubbard & Reed LLP | 230.0 | 1 | 1 | 0 | 230.0 | 0.1 |
| 1 | Ledgewood | 1,714.7 | 5 | 5 | 0 | 342.9 | 1.0 |
| 1 | Milbank LLP | 276.0 | 1 | 1 | 0 | 276.0 | 0.2 |
| 1 | Morgan, Lewis & Bockius LLP | 600.0 | 1 | 1 | 0 | 600.0 | 0.4 |
| 1 | Raiti PLLC | 46.0 | 1 | 1 | 0 | 46.0 | 0.0 |
| 1 | Simpson Thacher & Bartlett LLP | 402.5 | 1 | 1 | 0 | 402.5 | 0.2 |
| 1 | Sullivan & Cromwell LLP | 1,050.0 | 2 | 2 | 0 | 525.0 | 0.6 |
| 1 | Tarter Krinsky & Drogin LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.1 |
| 1 | Venable LLP | 230.0 | 1 | 1 | 0 | 230.0 | 0.1 |
| 1 | Vinson & Elkins L.L.P. | 1,153.0 | 4 | 4 | 0 | 288.2 | 0.7 |
| 1 | Willkie Farr & Gallagher LLP | 363.8 | 2 | 2 | 0 | 181.9 | 0.2 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Davis Polk & Wardwell LLP | 2,542.5 | 5 | 0 | 5 | 508.5 | 10.7 |
| 1 | Ellenoff Grossman & Schole LLP | 1,082.0 | 6 | 3 | 3 | 180.3 | 4.6 |
| 1 | Graubard Miller | 614.0 | 5 | 2 | 3 | 122.8 | 2.6 |
| 1 | Greenberg Traurig, LLP | 299.0 | 2 | 0 | 2 | 149.5 | 1.3 |
| 1 | K&L Gates LLP | 172.5 | 1 | 0 | 1 | 172.5 | 0.7 |
| 1 | Kirkland & Ellis LLP | 2,349.4 | 8 | 4 | 4 | 293.7 | 9.9 |
| 1 | Loeb & Loeb LLP | 412.4 | 6 | 5 | 1 | 68.7 | 1.7 |
| 1 | Ropes & Gray LLP | 2,509.0 | 5 | 1 | 4 | 501.8 | 10.6 |
| 1 | Scarinci Hollenbeck, LLC | 57.5 | 1 | 0 | 1 | 57.5 | 0.2 |
| 1 | Schiff Hardin LLP | 138.0 | 1 | 0 | 1 | 138.0 | 0.6 |
| 1 | Shearman & Sterling LLP | 1,472.0 | 3 | 0 | 3 | 490.7 | 6.2 |
| 1 | Sidley Austin LLP | 200.0 | 1 | 0 | 1 | 200.0 | 0.8 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 4,050.5 | 9 | 4 | 5 | 450.1 | 17.1 |
| 1 | Winston & Strawn LLP | 3,315.0 | 8 | 6 | 2 | 414.4 | 14.0 |
| 1 | Blank Rome LLP | 100.0 | 1 | 1 | 0 | 100.0 | 0.4 |
| 1 | Crowell & Moring LLP | 200.0 | 1 | 1 | 0 | 200.0 | 0.8 |
| 1 | Hughes Hubbard & Reed LLP | 230.0 | 1 | 1 | 0 | 230.0 | 1.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 1,100.0 | 1 | 1 | 0 | 1,100.0 | 4.6 |
| 1 | Raiti PLLC | 46.0 | 1 | 1 | 0 | 46.0 | 0.2 |
| 1 | Tarter Krinsky & Drogin LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.7 |
| 1 | Weil, Gotshal & Manges LLP | 2,322.5 | 4 | 4 | 0 | 580.6 | 9.8 |
| 1 | White & Case LLP | 350.0 | 1 | 1 | 0 | 350.0 | 1.5 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Davis Polk & Wardwell LLP | 276.0 | 1 | 0 | 1 | 276.0 | 3.5 |
| 1 | Greenberg Traurig, LLP | 299.0 | 2 | 0 | 2 | 149.5 | 3.8 |
| 1 | K&L Gates LLP | 172.5 | 1 | 0 | 1 | 172.5 | 2.2 |
| 1 | Kirkland & Ellis LLP | 295.6 | 2 | 0 | 2 | 147.8 | 3.8 |
| 1 | Loeb & Loeb LLP | 192.1 | 3 | 2 | 1 | 64.0 | 2.4 |
| 1 | Ropes & Gray LLP | 1,345.0 | 3 | 0 | 3 | 448.3 | 17.1 |
| 1 | Schiff Hardin LLP | 138.0 | 1 | 0 | 1 | 138.0 | 1.8 |
| 1 | Shearman & Sterling LLP | 230.0 | 1 | 0 | 1 | 230.0 | 2.9 |
| 1 | Winston & Strawn LLP | 2,526.0 | 5 | 4 | 1 | 505.2 | 32.2 |
| 1 | Ellenoff Grossman & Schole LLP | 207.0 | 2 | 2 | 0 | 103.5 | 2.6 |
| 1 | Graubard Miller | 241.5 | 1 | 1 | 0 | 241.5 | 3.1 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 1,100.0 | 1 | 1 | 0 | 1,100.0 | 14.0 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 230.0 | 1 | 1 | 0 | 230.0 | 2.9 |
| 1 | Tarter Krinsky & Drogin LLP | 172.5 | 1 | 1 | 0 | 172.5 | 2.2 |
| 1 | Weil, Gotshal & Manges LLP | 425.0 | 1 | 1 | 0 | 425.0 | 5.4 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Davis Polk & Wardwell LLP | 2,266.5 | 4 | 0 | 4 | 566.6 | 14.3 |
| 1 | Ellenoff Grossman & Schole LLP | 875.0 | 4 | 1 | 3 | 218.8 | 5.5 |
| 1 | Graubard Miller | 372.5 | 4 | 1 | 3 | 93.1 | 2.3 |
| 1 | Kirkland & Ellis LLP | 2,053.7 | 6 | 4 | 2 | 342.3 | 12.9 |
| 1 | Ropes & Gray LLP | 1,164.0 | 2 | 1 | 1 | 582.0 | 7.3 |
| 1 | Scarinci Hollenbeck, LLC | 57.5 | 1 | 0 | 1 | 57.5 | 0.4 |
| 1 | Shearman & Sterling LLP | 1,242.0 | 2 | 0 | 2 | 621.0 | 7.8 |
| 1 | Sidley Austin LLP | 200.0 | 1 | 0 | 1 | 200.0 | 1.3 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 3,820.5 | 8 | 3 | 5 | 477.6 | 24.1 |
| 1 | Winston & Strawn LLP | 789.0 | 3 | 2 | 1 | 263.0 | 5.0 |
| 1 | Blank Rome LLP | 100.0 | 1 | 1 | 0 | 100.0 | 0.6 |
| 1 | Crowell & Moring LLP | 200.0 | 1 | 1 | 0 | 200.0 | 1.3 |
| 1 | Hughes Hubbard & Reed LLP | 230.0 | 1 | 1 | 0 | 230.0 | 1.4 |
| 1 | Loeb & Loeb LLP | 220.2 | 3 | 3 | 0 | 73.4 | 1.4 |
| 1 | Raiti PLLC | 46.0 | 1 | 1 | 0 | 46.0 | 0.3 |
| 1 | Weil, Gotshal & Manges LLP | 1,897.5 | 3 | 3 | 0 | 632.5 | 11.9 |
| 1 | White & Case LLP | 350.0 | 1 | 1 | 0 | 350.0 | 2.2 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Davis Polk & Wardwell LLP | 5,690.0 | 11 | 0 | 11 | 517.3 | 8.8 |
| 1 | Ellenoff Grossman & Schole LLP | 5,921.5 | 21 | 9 | 12 | 282.0 | 9.1 |
| 1 | Graubard Miller | 2,132.2 | 5 | 3 | 2 | 426.4 | 3.3 |
| 1 | Greenberg Traurig, LLP | 1,589.8 | 5 | 3 | 2 | 318.0 | 2.5 |
| 1 | Kirkland & Ellis LLP | 7,804.9 | 24 | 12 | 12 | 325.2 | 12.1 |
| 1 | Kramer Levin Naftalis & Frankel LLP | 40.0 | 1 | 0 | 1 | 40.0 | 0.1 |
| 1 | Loeb & Loeb LLP | 1,043.2 | 6 | 4 | 2 | 173.9 | 1.6 |
| 1 | Paul Hastings LLP | 980.0 | 3 | 1 | 2 | 326.7 | 1.5 |
| 1 | Ropes & Gray LLP | 8,845.0 | 14 | 3 | 11 | 631.8 | 13.7 |
| 1 | Shearman & Sterling LLP | 483.0 | 2 | 0 | 2 | 241.5 | 0.7 |
| 1 | Sidley Austin LLP | 402.5 | 2 | 0 | 2 | 201.3 | 0.6 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 7,067.0 | 18 | 7 | 11 | 392.6 | 10.9 |
| 1 | Weil, Gotshal & Manges LLP | 2,682.0 | 4 | 3 | 1 | 670.5 | 4.1 |
| 1 | White & Case LLP | 7,398.5 | 22 | 13 | 9 | 336.3 | 11.4 |
| 1 | Akin Gump Strauss Hauer & Feld LLP | 404.2 | 1 | 1 | 0 | 404.2 | 0.6 |
| 1 | Cadwalader, Wickersham & Taft LLP | 4,000.0 | 1 | 1 | 0 | 4,000.0 | 6.2 |
| 1 | Cleary Gottlieb Steen & Hamilton LLP | 724.5 | 1 | 1 | 0 | 724.5 | 1.1 |
| 1 | Debevoise & Plimpton LLP | 345.0 | 1 | 1 | 0 | 345.0 | 0.5 |
| 1 | Fried, Frank, Harris, Shriver & Jacobson LLP | 575.0 | 1 | 1 | 0 | 575.0 | 0.9 |
| 1 | Goodwin Procter LLP | 1,571.3 | 6 | 6 | 0 | 261.9 | 2.4 |
| 1 | Latham & Watkins LLP | 345.0 | 1 | 1 | 0 | 345.0 | 0.5 |
| 1 | Ledgewood | 1,214.7 | 3 | 3 | 0 | 404.9 | 1.9 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 2,202.3 | 2 | 2 | 0 | 1,101.1 | 3.4 |
| 1 | Venable LLP | 230.0 | 1 | 1 | 0 | 230.0 | 0.4 |
| 1 | Vinson & Elkins L.L.P. | 345.0 | 1 | 1 | 0 | 345.0 | 0.5 |
| 1 | Winston & Strawn LLP | 705.3 | 3 | 3 | 0 | 235.1 | 1.1 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Ellenoff Grossman & Schole LLP | 7,305.4 | 33 | 21 | 12 | 221.4 | 26.8 |
| 1 | Graubard Miller | 3,120.0 | 15 | 8 | 7 | 208.0 | 11.5 |
| 1 | Greenberg Traurig, LLP | 632.5 | 3 | 2 | 1 | 210.8 | 2.3 |
| 1 | Hunter Taubman Fischer & Li LLC | 46.0 | 1 | 0 | 1 | 46.0 | 0.2 |
| 1 | Kirkland & Ellis LLP | 3,165.9 | 12 | 4 | 8 | 263.8 | 11.6 |
| 1 | Loeb & Loeb LLP | 757.9 | 8 | 5 | 3 | 94.7 | 2.8 |
| 1 | Mayer Brown LLP | 100.0 | 1 | 0 | 1 | 100.0 | 0.4 |
| 1 | Ropes & Gray LLP | 2,768.8 | 9 | 2 | 7 | 307.6 | 10.2 |
| 1 | Scarinci Hollenbeck, LLC | 115.0 | 2 | 0 | 2 | 57.5 | 0.4 |
| 1 | Schiff Hardin LLP | 172.5 | 2 | 0 | 2 | 86.3 | 0.6 |
| 1 | Shearman & Sterling LLP | 738.8 | 3 | 0 | 3 | 246.3 | 2.7 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 2,363.0 | 8 | 1 | 7 | 295.4 | 8.7 |
| 1 | Weil, Gotshal & Manges LLP | 944.1 | 3 | 1 | 2 | 314.7 | 3.5 |
| 1 | Winston & Strawn LLP | 2,234.3 | 7 | 4 | 3 | 319.2 | 8.2 |
| 1 | Becker & Poliakoff LLP | 57.5 | 1 | 1 | 0 | 57.5 | 0.2 |
| 1 | Crowell & Moring LLP | 172.5 | 1 | 1 | 0 | 172.5 | 0.6 |
| 1 | Davis Polk & Wardwell LLP | 330.5 | 2 | 2 | 0 | 165.3 | 1.2 |
| 1 | Latham & Watkins LLP | 230.0 | 1 | 1 | 0 | 230.0 | 0.8 |
| 1 | Ledgewood | 474.9 | 2 | 2 | 0 | 237.5 | 1.7 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 940.0 | 2 | 2 | 0 | 470.0 | 3.5 |
| 1 | Vinson & Elkins L.L.P. | 547.1 | 2 | 2 | 0 | 273.6 | 2.0 |
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg Size ($mm) | % Mkt Share |
|---|---|---|---|---|---|---|---|
| 1 | Ellenoff Grossman & Schole LLP | 3,369.3 | 14 | 8 | 6 | 240.7 | 24.5 |
| 1 | Graubard Miller | 1,301.5 | 5 | 3 | 2 | 260.3 | 9.5 |
| 1 | Greenberg Traurig, LLP | 632.5 | 3 | 2 | 1 | 210.8 | 4.6 |
| 1 | Hunter Taubman Fischer & Li LLC | 46.0 | 1 | 0 | 1 | 46.0 | 0.3 |
| 1 | Kirkland & Ellis LLP | 1,252.7 | 5 | 0 | 5 | 250.5 | 9.1 |
| 1 | Ropes & Gray LLP | 680.0 | 2 | 0 | 2 | 340.0 | 4.9 |
| 1 | Scarinci Hollenbeck, LLC | 115.0 | 2 | 0 | 2 | 57.5 | 0.8 |
| 1 | Schiff Hardin LLP | 115.0 | 1 | 0 | 1 | 115.0 | 0.8 |
| 1 | Shearman & Sterling LLP | 566.3 | 2 | 0 | 2 | 283.1 | 4.1 |
| 1 | Skadden, Arps, Slate, Meagher & Flom LLP | 1,488.7 | 5 | 1 | 4 | 297.7 | 10.8 |
| 1 | Weil, Gotshal & Manges LLP | 630.0 | 2 | 1 | 1 | 315.0 | 4.6 |
| 1 | Winston & Strawn LLP | 1,550.0 | 4 | 3 | 1 | 387.5 | 11.3 |
| 1 | Crowell & Moring LLP | 172.5 | 1 | 1 | 0 | 172.5 | 1.3 |
| 1 | Latham & Watkins LLP | 230.0 | 1 | 1 | 0 | 230.0 | 1.7 |
| 1 | Ledgewood | 150.7 | 1 | 1 | 0 | 150.7 | 1.1 |
| 1 | Loeb & Loeb LLP | 276.0 | 4 | 4 | 0 | 69.0 | 2.0 |
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 940.0 | 2 | 2 | 0 | 470.0 | 6.8 |
| 1 | Vinson & Elkins L.L.P. | 233.0 | 1 | 1 | 0 | 233.0 | 1.7 |
| Rank | Law Firm | Volume ($mm) |
|---|