June 2026 144 Market Report
Aggregate 144 Market Volume
The total reported value of Form 144s dipped 22% from May to June, alongside a fall in the total number of shares and filings of 27% and 6%, respectively. These declines were driven by month-over-month drops in the value, shares, and filings of discretionary 144s. This slowdown in the 144 market is a departure from the past four years, where total value has risen or remained flat May to June. In comparison to June 2025, total reported value and shares have dropped as well, both falling 20%. Renewed investor concern over AI spending and the market’s mixed performance may be the cause of the drop in value of 144s this June.
Top 5 Brokers for June 2026
This June, Morgan Stanley remained in the first place spot for value, number of shares, and number of filings. Bank of America rose to second for value due to their role in brokering multiple of last month’s largest filings. JP Morgan followed close behind, maintaining their third place finish from May. Goldman Sachs dropped to the fourth spot for value, but placed second for number of shares. Fidelity rounded out June’s Top Five brokers.
Top Filers for June 2026
| Filer | Company | Broker | Value(M) | Shares(M) |
| SGF FANG Holdings LP | Diamondback Energy - [FANG] | JP Morgan Chase | $2,071.6 | 10.00 |
| Michael & Susan Dell Foundation | Dell Technologies - [DELL] | Bank of America | $1,248.1 | 2.68 |
| SL SPV-2 LP | Dell Technologies - [DELL] | Bank of America | $504.0 | 1.20 |