ServisFirst Bancshares
SFBS
239 hedge funds and large institutions have $2B invested in ServisFirst Bancshares in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 97 increasing their positions, 81 reducing their positions, and 39 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 81
9.02% more ownership
Funds ownership: 125.67% → 134.69% (+9%)
7% less call options, than puts
Call options by funds: $284K | Put options by funds: $305K
5% less funds holding
Funds holding: 251 → 239 (-12)
15% less capital invested
Capital invested by funds: $2.35B → $2B (-$351M)
28% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 39
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$58.7M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$54.2M |
| 3 |
JP Morgan Chase
New York
|
+$18.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 2 |
Millennium Management
New York
|
-$9.43M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$8.58M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$8.15M |
| 5 |
DAM
Davis Asset Management
Sausalito,
California
|
-$6.46M |
SFBS Hedge Fund Activity: Q1 2023 in Review
239 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ServisFirst Bancshares (SFBS) for Q1 2023, worth a combined $2B — down 15% from $2.35B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SFBS and 28 opened new positions — a net loss of 11 holders — while 81 trimmed existing stakes and 97 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $58.7M. The largest seller was Fidelity Investments, cutting an estimated $27M.
- 239 institutional investors held ServisFirst Bancshares (SFBS) as of Q1 2023, down from 251 in Q4 2022.
- Funds reported $2B of ServisFirst Bancshares stock for Q1 2023, down 15% quarter-over-quarter.
- 28 funds opened new ServisFirst Bancshares positions in Q1 2023 and 39 closed out, a net change of -11 holders.
- The largest ServisFirst Bancshares buyer in Q1 2023 was Kayne Anderson Rudnick Investment Management, an estimated $58.7M added.
- The largest ServisFirst Bancshares seller in Q1 2023 was Fidelity Investments, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2023.