20 Biggest Publicly Traded Asset Managers

11. SEI Investments Company (NASDAQ:SEIC)

AUM: $1.9 trillion

Number of Hedge Fund Holders: 35

SEI Investments Company (NASDAQ:SEIC) ranks among the biggest publicly traded asset managers. Piper Sandler boosted its price target for SEI Investments Company (NASDAQ:SEIC) to $109 from $102 on January 29, reiterating an Overweight rating on the company. The increase comes after SEI’s quarterly results, which indicated core earnings per share considerably higher than both Street and Piper Sandler projections. Furthermore, the company’s revenue came in at $607.93 million, exceeding the expected $596.9 million.

According to Piper Sandler, the momentum for sales events continued its upward trajectory, which fell in line with patterns seen in previous quarters. In addition, management also hinted at possible further high-profile client victories in the first quarter of 2026.

Piper Sandler increased its earnings per share estimates for SEI Investments Company (NASDAQ:SEIC) to $6.06 for 2026 and $6.87 for 2027 in response to these results, up from previous projections of $5.67 and $6.34, respectively.

SEI Investments Company (NASDAQ:SEIC) is an asset management company that provides technology and investment solutions to financial institutions, advisors, and families, with services spanning investment processing, management, and operations outsourcing.