Davis Asset Management’s Signature Bank SBNY Stock Holding History

Davis Asset Management’s Portfolio SBNY Stock Details SBNY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-1,100,000	Closed	-$127M	–	33
2022 Q4	$127M	Buy	1,100,000 +100,000	+10%	+$13.7M	7.07%	3
2022 Q3	$151M	Buy	1,000,000 +200,000	+25%	+$36.3M	8.84%	2
2022 Q2	$143M	Buy	800,000 +300,000	+60%	+$67.2M	8.16%	2
2022 Q1	$147M	Hold	500,000	–	–	7.18%	3
2021 Q4	$162M	Hold	500,000	–	–	7.65%	2
2021 Q3	$123M	Hold	500,000	–	–	6.35%	3
2021 Q2	$123M	Hold	500,000	–	–	6.53%	3
2021 Q1	$113M	Sell	500,000 -50,000	-9%	-$9.85M	6.43%	3
2020 Q4	$74.4M	Buy	550,000 +150,000	+38%	+$15.7M	5.12%	5
2020 Q3	$33.2M	Buy	400,000 +150,000	+60%	+$14.9M	3.04%	16
2020 Q2	$26.7M	Sell	250,000 -489,443	-66%	-$48.2M	2.65%	16
2020 Q1	$59.4M	Sell	739,443 -10,557	-1%	-$1.33M	6.83%	3
2019 Q4	$102M	Hold	750,000	–	–	7.6%	2
2019 Q3	$89.4M	Hold	750,000	–	–	6.92%	1
2019 Q2	$90.6M	Hold	750,000	–	–	7.18%	1
2019 Q1	$96.1M	Hold	750,000	–	–	8.2%	1
2018 Q4	$77.1M	Hold	750,000	–	–	7.79%	1
2018 Q3	$86.1M	Buy	750,000 +100,000	+15%	+$11.8M	7.9%	2
2018 Q2	$83.2M	Buy	650,000 +50,000	+8%	+$6.55M	7.76%	3
2018 Q1	$85.2M	Buy	600,000 +50,000	+9%	+$7.54M	8.9%	2
2017 Q4	$75.5M	Buy	550,000 +15,000	+3%	+$1.98M	8.27%	3
2017 Q3	$68.5M	Buy	535,000 +295,000	+123%	+$38.7M	8.1%	3
2017 Q2	$34.4M	Buy	240,000 +110,000	+85%	+$15.6M	4.4%	9
2017 Q1	$19.3M	Buy	130,000 +5,000	+4%	+$775K	2.52%	17
2016 Q4	$18.8M	Hold	125,000	–	–	2.54%	17
2016 Q3	$14.8M	Buy	+125,000	New	+$15M	2.28%	18

Other funds holding SBNY

FDx Advisors Chicago, Illinois $332M AUM 22.76% 1-Year Est. Return

Reinhart Partners Mequon, Wisconsin $4.38B AUM 55.55% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

BBA

Baader Bank Aktiengesellschaft Unterschleissheim, Germany $1.33B AUM 47.35% 1-Year Est. Return

IECM

Intrinsic Edge Capital Management Chicago, Illinois $603M AUM 66.97% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

FAM

Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

PCA

PL Capital Advisors Naples, Florida $360M AUM 32.54% 1-Year Est. Return

FAF

Fjarde Ap-fonden Stockholm, Sweden $20.9B AUM 36.93% 1-Year Est. Return

Davis Asset Management's SBNY Position: Q1 2023 in Review

Davis Asset Management sold out of Signature Bank (SBNY) in Q1 2023, closing a stake of 1,100,000 shares — an estimated $127M sold.

Davis Asset Management first reported a position in SBNY in Q3 2016 and held it in 26 quarters. The position peaked at $162M in Q4 2021. 64 funds tracked by Wall St. Rank hold SBNY as of Q1 2023.

Davis Asset Management reported no remaining Signature Bank position as of Q1 2023 after selling out during the quarter.
Davis Asset Management sold 1,100,000 Signature Bank shares in Q1 2023, an estimated $127M.
Davis Asset Management first reported a position in Signature Bank in Q3 2016 and held it in 26 quarters.
Davis Asset Management's Signature Bank position peaked at $162M in Q4 2021.
64 funds tracked by Wall St. Rank held Signature Bank as of Q1 2023.

Based on Davis Asset Management's 13F filing for Q1 2023, filed 11 May 2023.