Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock
SBNYP
SBNYP was delisted on the 10th of March, 2023.
2 hedge funds and large institutions have $884K invested in Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLC
Fifth Lane Capital
Austin,
Texas
|
+$880K |
| 2 |
TIM
Thompson Investment Management
Madison,
Wisconsin
|
+$4.62K |
Top Sellers
SBNYP Hedge Fund Activity: Q1 2024 in Review
2 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock (SBNYP) for Q1 2024, worth a combined $884K.
Buyers outnumbered sellers: 2 funds opened new SBNYP positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Fifth Lane Capital, opening a new position worth an estimated $880K.
- 2 institutional investors held Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock (SBNYP) as of Q1 2024, up from 0 in Q4 2023.
- Funds reported $884K of Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock stock for Q1 2024.
- 2 funds opened new Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock positions in Q1 2024 and 0 closed out, a net change of +2 holders.
- The largest Signature Bank Depositary shares, each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock buyer in Q1 2024 was Fifth Lane Capital, an estimated $880K added.
Based on aggregated 13F filings for Q1 2024.