Boothbay Fund Management Acquires Stake in Avidbank Holdings

The investment firm purchased 137,525 shares of the California bank's stock.

Mar. 17, 2026 at 7:24am by Ben Kaplan

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Boothbay Fund Management LLC acquired a new stake in Avidbank Holdings Inc. (NASDAQ:AVBH) during the 3rd quarter, according to a recent SEC filing. The firm purchased 137,525 shares of the company's stock, valued at approximately $3,507,000, making it a 1.26% owner of Avidbank.

Why it matters

This investment highlights the growing interest in Avidbank, a regional bank focused on serving small and medium-sized businesses in the San Francisco Bay Area. The acquisition by Boothbay, a prominent investment management firm, could signal confidence in Avidbank's growth potential and financial performance.

The details

According to the filing, Boothbay Fund Management acquired the 137,525 shares of Avidbank stock in the third quarter of 2025. This represents a significant stake, making the investment firm one of the bank's largest institutional shareholders.

  • Boothbay Fund Management acquired the Avidbank shares in the 3rd quarter of 2025.

The players

Boothbay Fund Management LLC

An investment management firm that acquired a 1.26% stake in Avidbank Holdings Inc.

Avidbank Holdings Inc.

A regional bank focused on serving small and medium-sized businesses in the San Francisco Bay Area.

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The takeaway

This investment by Boothbay Fund Management underscores the growing appeal of Avidbank as a regional banking player in the competitive San Francisco market. The acquisition could signal that the investment firm sees strong growth potential for the bank in the coming years.