Signature Bank
SBNY
SBNY was delisted on the 10th of March, 2023.
371 hedge funds and large institutions have $6.69B invested in Signature Bank in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 171 increasing their positions, 118 reducing their positions, and 50 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 118
6% less funds holding
Funds holding: 393 → 371 (-22)
10% less capital invested
Capital invested by funds: $7.46B → $6.69B (-$772M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
36% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 50
75% less call options, than puts
Call options by funds: $3.96M | Put options by funds: $15.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$172M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$84M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$73.4M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$69.8M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$57.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$152M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$138M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$62.9M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$48.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.9M |
SBNY Hedge Fund Activity: Q3 2017 in Review
371 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Signature Bank (SBNY) for Q3 2017, worth a combined $6.69B — down 10% from $7.46B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SBNY and 32 opened new positions — a net loss of 18 holders — while 118 trimmed existing stakes and 171 added.
The largest buyer was Parnassus Investments, opening a new position worth an estimated $172M. The largest seller was William Blair Investment Management, cutting an estimated $152M.
- 371 institutional investors held Signature Bank (SBNY) as of Q3 2017, down from 393 in Q2 2017.
- Funds reported $6.69B of Signature Bank stock for Q3 2017, down 10% quarter-over-quarter.
- 32 funds opened new Signature Bank positions in Q3 2017 and 50 closed out, a net change of -18 holders.
- The largest Signature Bank buyer in Q3 2017 was Parnassus Investments, an estimated $172M added.
- The largest Signature Bank seller in Q3 2017 was William Blair Investment Management, an estimated $152M sold.
Based on aggregated 13F filings for Q3 2017.