ServisFirst Bancshares
SFBS
224 hedge funds and large institutions have $1.55B invested in ServisFirst Bancshares in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 96 increasing their positions, 75 reducing their positions, and 37 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 75
2.06% more ownership
Funds ownership: 67.34% → 69.4% (+2.1%)
6% less funds holding
Funds holding: 239 → 224 (-15)
10% less call options, than puts
Call options by funds: $368K | Put options by funds: $409K
23% less capital invested
Capital invested by funds: $2B → $1.55B (-$455M)
41% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$10.8M |
| 2 |
Millennium Management
New York
|
+$9.37M |
| 3 |
BlackRock
New York
|
+$8.52M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.87M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.27M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$2.83M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.78M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.25M |
SFBS Hedge Fund Activity: Q2 2023 in Review
224 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ServisFirst Bancshares (SFBS) for Q2 2023, worth a combined $1.55B — down 23% from $2B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SFBS and 22 opened new positions — a net loss of 15 holders — while 75 trimmed existing stakes and 96 added.
The largest buyer was State Street, adding an estimated $10.8M. The largest seller was Fidelity Investments, cutting an estimated $14.4M.
- 224 institutional investors held ServisFirst Bancshares (SFBS) as of Q2 2023, down from 239 in Q1 2023.
- Funds reported $1.55B of ServisFirst Bancshares stock for Q2 2023, down 23% quarter-over-quarter.
- 22 funds opened new ServisFirst Bancshares positions in Q2 2023 and 37 closed out, a net change of -15 holders.
- The largest ServisFirst Bancshares buyer in Q2 2023 was State Street, an estimated $10.8M added.
- The largest ServisFirst Bancshares seller in Q2 2023 was Fidelity Investments, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2023.