Signature Bank
SBNY
SBNY was delisted on the 10th of March, 2023.
64 hedge funds and large institutions have $485K invested in Signature Bank in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 422 closing their positions.
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
87% less funds holding
Funds holding: 485 → 64 (-421)
98% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 422
100% less capital invested
Capital invested by funds: $7.19B → $485K (-$7.19B)
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBA
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
|
+$11.4M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8.43M |
| 3 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$6.54M |
| 4 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$4.42M |
| 5 |
PA
Procyon Advisors
Shelton,
Connecticut
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$840M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$561M |
| 3 |
BlackRock
New York
|
-$541M |
| 4 |
State Street
Boston,
Massachusetts
|
-$362M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$360M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
476
Abound Wealth Management
Franklin,
Tennessee
| – | -$116 | -1 | Closed |
|
|
SIA
477
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | +$361 | +3 | New |
|
|
BAMF
478
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
| – | +$10.5K | +87 | +3% |
|
|
T
479
TOBAM
Paris,
France
| – | +$48.4K | +402 | +92% |
|
480
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
| – | +$52.8K | +438 | +3% |
|
|
HCM
481
Highlander Capital Management
Short Hills,
New Jersey
| – | +$84.3K | +700 | New |
|
482
Simplex Trading
Chicago,
Illinois
| – | +$253K | +2,100 | New |
|
SBNY Hedge Fund Activity: Q1 2023 in Review
64 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Signature Bank (SBNY) for Q1 2023, worth a combined $485K — down 100% from $7.19B a quarter earlier.
Sellers outnumbered buyers: 422 funds closed out of SBNY and 10 opened new positions — a net loss of 412 holders — while 26 trimmed existing stakes and 12 added.
The largest buyer was Baader Bank Aktiengesellschaft, opening a new position worth an estimated $11.4M. The largest seller was Vanguard Group, exiting entirely with an estimated $840M sold.
- 64 institutional investors held Signature Bank (SBNY) as of Q1 2023, down from 485 in Q4 2022.
- Funds reported $485K of Signature Bank stock for Q1 2023, down 100% quarter-over-quarter.
- 10 funds opened new Signature Bank positions in Q1 2023 and 422 closed out, a net change of -412 holders.
- The largest Signature Bank buyer in Q1 2023 was Baader Bank Aktiengesellschaft, an estimated $11.4M added.
- The largest Signature Bank seller in Q1 2023 was Vanguard Group, an estimated $840M sold.
Based on aggregated 13F filings for Q1 2023.