Western Alliance Bancorp (WAL) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Western Alliance Bancorp (WAL) following the 2026 Q2 hedge fund 13F filings?

As of today, WAL has moved -5.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -6.9% for the XLF sector ETF — an outperformance of +1.4%. Since the quarter end (June 30, 2026), WAL gained -5.4% vs +3.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Western Alliance Bancorp (WAL)

482 + Investors. Track Smart Money conviction in WAL. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — WAL

Based on 491 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added WAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

491 hedge funds hold WAL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q

+54 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 61% buying

298 buying189 selling

Last quarter: 298 funds were net buyers (105 opened a brand new position + 193 added to an existing one). Only 189 were sellers (128 trimmed + 61 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+21 vs last Q)

new funds entering per quarter

Funds opening a new WAL position: 58 → 72 → 84 → 105. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 18% medium ■ 24% new

283 out of 491 hedge funds have held WAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📈

Growing discovery — still being found

74 → 58 → 72 → 84 → 105 new funds/Q

New funds entering each quarter: 58 → 72 → 84 → 105. A growing number of institutions are discovering WAL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 65% veterans vs 23% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 23% new

Entry-cohort mix of 509 holders: 333 (65%) are 2+ year veterans, 57 entered 1–2 years ago, and 119 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds

57 of 487 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in WAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	482	447	7.83%
13F Shares	99M	93M	6.7%
Total Value	$7.39B	$5.83B	26.87%
New Positions	103	84	+19
Increased Positions	185	152	+33
Closed Positions	64	77	-13
Reduced Positions	123	146	-23
Total Calls	9	9	-
Total Puts	11	9	22.22%
PUT/CALL Ratio	1.22	1.0	Bearish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

482

447

7.83%

13F Shares

99M

93M

6.7%

Total Value

$7.39B

$5.83B

26.87%

New Positions

103

+19

Increased Positions

185

152

+33

Closed Positions

-13

Reduced Positions

123

146

-23

Total Calls

Total Puts

22.22%

PUT/CALL Ratio

1.22

1.0

Bearish

Institutional Holders (2026 Q2)

482 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WAL. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 WAL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Davis Asset Management, L.P.	6.94%	3,336,000	$274.2M
2	Stieven Capital Advisors, L.P.	5.91%	376,885	$31.0M
3	Strategic Value Bank Partners LLC	4.06%	70,602	$5.8M
4	Petiole USA ltd	3.89%	65,838	$5.4M
5	Smead Capital Management, Inc.	2.81%	1,594,678	$131.1M
6	Lhm, INC.	2.18%	77,910	$6.4M
7	Stanley Capital Management, LLC	2.09%	192,000	$15.8M
8	Gator Capital Management, LLC	1.99%	115,630	$9.5M
9	Black Maple Capital Management LP	1.68%	36,079	$3.0M
10	Salzhauer Michael	1.54%	54,721	$4.5M
11	S&G Foundation	1.44%	375,638	$30.9M
12	CSU Producer Resources, Inc.	1.22%	4,490	$369K
13	Compound Global Advisors, LLC	1.01%	500	$41K
14	Cincinnati Insurance Co	0.86%	725,000	$59.6M
15	Miller Value Partners, LLC	0.81%	41,755	$3.4M
16	683 Capital Management, LLC	0.81%	200,000	$16.4M
17	Longaeva Partners L.P.	0.65%	359,912	$29.6M
18	Barrow Hanley Mewhinney & Strauss LLC	0.53%	2,120,791	$174.3M
19	Basswood Capital Management, L.L.C.	0.44%	133,164	$10.9M
20	TriaGen Wealth Management LLC	0.41%	20,034	$1.6M
21	Generate Investment Management Ltd	0.41%	120,000	$9.9M
22	Lodestone Wealth Management LLC	0.39%	13,364	$1.1M
23	Hamilton Capital Partners Inc.	0.36%	14,364	$856K
24	Yorktown Management & Research Co Inc	0.36%	7,200	$592K
25	Elevated Private Wealth, LLC	0.34%	4,332	$356K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Western Alliance Bancorp (WAL)

What does the Smart Money Trend signal show for WAL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added WAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WAL?

More buyers than sellers — 61% buying: Last quarter: 298 funds were net buyers (105 opened a brand new position + 193 added to an existing one). Only 189 were sellers (128 trimmed + 61 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for WAL holders?

Elite ownership — 65% AUM from top-100 funds: 57 of 487 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in WAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held WAL?

58% of holders stayed for 2+ years: 283 out of 491 hedge funds have held WAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Western Alliance Bancorp (WAL) following the 2026 Q2 hedge fund 13F filings?

As of today, WAL has moved -5.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -6.9% for the XLF sector ETF — an outperformance of +1.4%. Since the quarter end (June 30, 2026), WAL has gained -5.4% vs +3.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Western Alliance Bancorp (WAL)

Smart Money Signals — WAL

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Steady growth — +12% more funds vs a year ago

More buyers than sellers — 61% buying

More new buyers each quarter (+21 vs last Q)

58% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 65% veterans vs 23% newcomers

Elite ownership — 65% AUM from top-100 funds

Institutional Sentiment Summary — WAL

Hedge Fund Ownership: WAL

Market Analysis: WAL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: WAL

Is It Too Late to Buy Western Alliance Bancorp (WAL) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: WAL

Statistics: WAL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Western Alliance Bancorp (WAL)

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