Signature Bank
SBNY
SBNY was delisted on the 10th of March, 2023.
314 hedge funds and large institutions have $4.01B invested in Signature Bank in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 118 increasing their positions, 112 reducing their positions, and 50 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 112
5% less funds holding
Funds holding: 332 → 314 (-18)
25% less call options, than puts
Call options by funds: $3.52M | Put options by funds: $4.7M
30% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 50
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
41% less capital invested
Capital invested by funds: $6.83B → $4.01B (-$2.82B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$191M |
| 2 |
JP Morgan Chase
New York
|
+$45.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$29.7M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$26.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$94.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$53.1M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$36.1M |
| 4 |
Bank of New York Mellon
New York
|
-$32.3M |
| 5 |
Goldman Sachs
New York
|
-$31.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
351
Cigna Investments
Bloomfield,
Connecticut
| – | -$204K | -1,440 | Closed |
|
|
NIT
352
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$55K | -400 | Closed |
|
|
PCM
353
Pinz Capital Management
New York
| – | -$55K | -400 | Closed |
|
|
TF
354
Tompkins Financial
Ithaca,
New York
| – | -$55K | -400 | Closed |
|
|
PI
355
PineBridge Investments
New York
| – | -$31K | -228 | Closed |
|
356
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$20K | -148 | Closed |
|
|
RMAM
357
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$9K | -70 | Closed |
|
|
JSC
358
Jackson Square Capital
San Francisco,
California
| – | -$4K | -32 | Closed |
|
|
CI
359
Cordant Inc
Portland,
Oregon
| – | -$3K | -22 | Closed |
|
|
OSAM
360
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -15 | Closed |
|
|
GWS
361
Glassman Wealth Services
Vienna,
Virginia
| – | -$1K | -4 | Closed |
|
SBNY Hedge Fund Activity: Q1 2020 in Review
314 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Signature Bank (SBNY) for Q1 2020, worth a combined $4.01B — down 41% from $6.83B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SBNY and 35 opened new positions — a net loss of 15 holders — while 112 trimmed existing stakes and 118 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $191M. The largest seller was Fidelity Investments, cutting an estimated $94.2M.
- 314 institutional investors held Signature Bank (SBNY) as of Q1 2020, down from 332 in Q4 2019.
- Funds reported $4.01B of Signature Bank stock for Q1 2020, down 41% quarter-over-quarter.
- 35 funds opened new Signature Bank positions in Q1 2020 and 50 closed out, a net change of -15 holders.
- The largest Signature Bank buyer in Q1 2020 was T. Rowe Price Associates, an estimated $191M added.
- The largest Signature Bank seller in Q1 2020 was Fidelity Investments, an estimated $94.2M sold.
Based on aggregated 13F filings for Q1 2020.