Boothbay Fund Management Invests $5.43M in Western Alliance Bancorp

The investment firm acquired a new stake in the financial services provider's shares.

Mar. 16, 2026 at 7:52am

Boothbay Fund Management LLC acquired a new stake of 62,625 shares in Western Alliance Bancorporation (NYSE:WAL), a financial services provider, during the third quarter. The stake is valued at approximately $5,431,000, making Boothbay Fund Management LLC a new 0.06% owner of Western Alliance Bancorporation.

Why it matters

This investment highlights the continued interest from institutional investors in Western Alliance Bancorporation, a regional bank with a strong presence in the western United States. The acquisition of a new stake by Boothbay Fund Management could signal their belief in the company's growth potential and future performance.

The details

According to a recent 13F filing with the SEC, Boothbay Fund Management LLC acquired the new stake in Western Alliance Bancorporation during the third quarter of the year. The 62,625 shares purchased are valued at around $5,431,000, giving the investment firm a 0.06% ownership stake in the financial services provider.

  • Boothbay Fund Management LLC acquired the new stake in Western Alliance Bancorporation during the third quarter of 2026.

The players

Boothbay Fund Management LLC

An investment management firm that acquired a new stake in Western Alliance Bancorporation.

Western Alliance Bancorporation

A financial services provider and regional bank with a strong presence in the western United States.

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The takeaway

This investment by Boothbay Fund Management LLC underscores the continued institutional interest in Western Alliance Bancorporation, a regional bank that has demonstrated growth and performance in the financial services sector.