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Loomis Sayles & Co. L P cut its holdings in Signature Bank (NASDAQ:SBNY) by 9.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 218,550 shares of the bank’s stock after selling 22,927 shares during the period. Loomis Sayles & Co. L P’s holdings in Signature Bank were worth $31,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SBNY. BlackRock Inc. increased its holdings in shares of Signature Bank by 2.2% during the 1st quarter.....More>>>