Signature Bank
SBNY
SBNY was delisted on the 10th of March, 2023.
383 hedge funds and large institutions have $5.29B invested in Signature Bank in 2018 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 125 increasing their positions, 137 reducing their positions, and 41 closing their positions.
88% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 41
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
10% more funds holding
Funds holding: 349 → 383 (+34)
9% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 137
1.67% less ownership
Funds ownership: 94.63% → 92.96% (-1.7%)
12% less capital invested
Capital invested by funds: $6.01B → $5.29B (-$724M)
59% less call options, than puts
Call options by funds: $4.62M | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$91.3M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$56.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$48.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$36M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$110M |
| 2 |
State Street
Boston,
Massachusetts
|
-$54.8M |
| 3 |
Goldman Sachs
New York
|
-$38.1M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$28.3M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$20.1M |
SBNY Hedge Fund Activity: Q4 2018 in Review
383 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Signature Bank (SBNY) for Q4 2018, worth a combined $5.29B — down 12% from $6.01B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SBNY positions and 41 closed out — a net gain of 36 holders — while 125 added to existing stakes and 137 trimmed.
The largest buyer was First Pacific Advisors, opening a new position worth an estimated $91.3M. The largest seller was Parnassus Investments, cutting an estimated $110M.
- 383 institutional investors held Signature Bank (SBNY) as of Q4 2018, up from 349 in Q3 2018.
- Funds reported $5.29B of Signature Bank stock for Q4 2018, down 12% quarter-over-quarter.
- 77 funds opened new Signature Bank positions in Q4 2018 and 41 closed out, a net change of +36 holders.
- The largest Signature Bank buyer in Q4 2018 was First Pacific Advisors, an estimated $91.3M added.
- The largest Signature Bank seller in Q4 2018 was Parnassus Investments, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2018.