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.
3 hedge funds and large institutions have $554K 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
50% more funds holding
Funds holding: 2 → 3 (+1)
37% less capital invested
Capital invested by funds: $884K → $554K (-$330K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$604K |
SBNYP Hedge Fund Activity: Q2 2024 in Review
3 of the 6,935 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 Q2 2024, worth a combined $554K — down 37% from $884K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SBNYP positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest seller was Fifth Lane Capital, cutting an estimated $604K.
- 3 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 Q2 2024, up from 2 in Q1 2024.
- Funds reported $554K 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 Q2 2024, down 37% quarter-over-quarter.
- 1 fund 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 Q2 2024 and 0 closed out, a net change of +1 holder.
- 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 seller in Q2 2024 was Fifth Lane Capital, an estimated $604K sold.
Based on aggregated 13F filings for Q2 2024.