SERVISFIRST BANCSHARES INC SFBS
COM · Common Stock · CUSIP 81768T108 · ISIN US81768T1088
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersBirmingham, AL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.9m this quarter). Holder counts are more reliable. Shares outstanding: 54.5m as of 2024-04-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $66.36. Options: 4 managers hold calls ($1.6m notional), 2 hold puts ($497.7k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 264 |
| Q4 2022 | 252 |
| Q1 2023 | 239 |
| Q2 2023 | 224 |
| Q3 2023 | 240 |
| Q4 2023 | 251 |
| Q1 2024 | 252 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 99 | 137 |
| Q1 2023 | 125 | 116 |
| Q2 2023 | 117 | 112 |
| Q3 2023 | 100 | 109 |
| Q4 2023 | 107 | 119 |
| Q1 2024 | 102 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $368.0k | $409.2k | 1.11 |
| Q3 2023 | $1.5m | $166.9k | 0.11 |
| Q4 2023 | $1.7m | $153.2k | 0.09 |
| Q1 2024 | $1.6m | $497.7k | 0.30 |
Biggest buyers
| MORGAN STANLEY | Added | +561.1k |
| Champlain Investment Partners, LLC | Added | +364.7k |
| VANGUARD GROUP INC | Added | +221.5k |
| JARISLOWSKY, FRASER Ltd | Added | +134.7k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +107.1k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | Added | +75.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +58.0k |
| CITADEL ADVISORS LLC | Added | +49.6k |
| Gratus Capital, LLC | Added | +40.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +35.1k |
Biggest sellers
| Davis Asset Management, L.P. | Reduced | -823.6k |
| WASATCH ADVISORS LP | Reduced | -107.7k |
| BlackRock Inc. | Reduced | -78.9k |
| STATE STREET CORP | Reduced | -66.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -64.0k |
| D. E. Shaw & Co., Inc. | Reduced | -41.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -36.8k |
| Edgestream Partners, L.P. | Sold out | -34.7k |
| BARCLAYS PLC | Reduced | -34.4k |
| Cetera Advisors LLC | Sold out | -30.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $955.6k14.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $530.9k8.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $152.0k2.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $497.7k7.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 13.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 2 | $229.4k | 1 | $119.4k | — |
| Q3 2022 | 0 | — | 1 | $278.7k | — |
| Q4 2022 | 1 | $13.7k | 0 | — | — |
| Q1 2023 | 2 | $289.4k | 0 | — | — |
| Q2 2023 | 4 | $476.2k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $308.9k | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 7.8m $514.5m | Reduced -78.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.7m $378.2m | Added +221.5k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.50% of their portfolio | 3.2m $213.7m | Reduced -36.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.0m $200.1m | Reduced -25.0k |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $150.7m | Reduced -66.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $121.0m | Added +561.1k |
| Champlain Investment Partners, LLC 0.55% of their portfolio | 1.4m $95.5m | Added +364.7k |
| Welch Group, LLC 4.19% of their portfolio | 1.3m $84.6m | Reduced -25.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.2m $79.3m | Added +58.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $72.8m | Added +35.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 886.3k $58.8m | Reduced -26.4k |
| Davis Asset Management, L.P. 2.40% of their portfolio | 823.6k $54.7m | Reduced -823.6k |
| WASATCH ADVISORS LP 0.25% of their portfolio | 729.5k $48.4m | Reduced -107.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 606.6k $40.3m | Reduced -12.9k |
| NORGES BANK 0.01% of their portfolio | 516.5k $34.3m | Reduced -25.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 465.3k $30.9m | Reduced -20.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 417.7k $27.7m | Added +14.7k |
| Bragg Financial Advisors, Inc 1.22% of their portfolio | 408.6k $27.1m | Added +214 |
| JARISLOWSKY, FRASER Ltd 0.15% of their portfolio | 398.3k $26.4m | Added +134.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 361.2k $24.0m | Added +30.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 325.8k $21.6m | Reduced -64.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 220.0k $14.6m | Added +1.2k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 187.2k $12.4m | Added +2.4k |
| Waverly Advisors, LLC 0.24% of their portfolio | 152.4k $10.1m | Reduced -2.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 151.8k $10.1m | Added +72 |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 150.3k $10.0m | Added +358 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 142.3k $9.4m | Reduced -4.7k |
| Legal & General Group Plc 0.00% of their portfolio | 141.0k $9.3m | Added +1.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 136.1k $9.0m | Reduced -3.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 129.5k $8.6m | Reduced -12.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 128.5k $8.5m | Added +107.1k |
| Clarkston Capital Partners, LLC 0.14% of their portfolio | 120.0k $8.0m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 116.2k $7.7m | Added +14.5k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 114.6k $7.6m | Added +1.6k |
| Gratus Capital, LLC 0.34% of their portfolio | 110.5k $7.3m | Added +40.5k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 110.2k $7.3m | Added +75.1k |
| TOWNSQUARE CAPITAL LLC 0.10% of their portfolio | 105.6k $7.0m | Added +9.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 101.9k $6.8m | Reduced -1.0k |
| LEAVELL INVESTMENT MANAGEMENT, INC. 0.39% of their portfolio | 101.9k $6.8m | Added +350 |
| Swiss National Bank 0.00% of their portfolio | 101.9k $6.8m | Unchanged |
| Public Sector Pension Investment Board 0.05% of their portfolio | 100.4k $6.7m | Reduced -1.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 97.9k $6.5m | Added +3.2k |
| MITCHELL MCLEOD PUGH & WILLIAMS INC 1.30% of their portfolio | 81.6k $5.4m | Reduced -1.4k |
| BARCLAYS PLC 0.00% of their portfolio | 72.8k $4.8m | Reduced -34.4k |
| HighTower Advisors, LLC 0.01% of their portfolio | 70.7k $4.7m | Added +127 |
| TrueWealth Advisors, LLC 1.69% of their portfolio | 65.8k $4.4m | Added +7 |
| CITIGROUP INC 0.00% of their portfolio | 63.3k $4.2m | Added +3.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 62.8k $4.2m | Reduced -2.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 55.6k $3.7m | Added +49.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 55.0k $3.6m | Reduced -1.5k |
| Stonegate Investment Group, LLC 0.11% of their portfolio | 52.0k $3.5m | Reduced -257 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 51.7k $3.4m | Reduced -3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 51.6k $3.4m | Reduced -2.8k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 51.6k $3.4m | Added +978 |
| Daiwa Securities Group Inc. 0.02% of their portfolio | 51.2k $3.4m | Reduced -13.8k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 47.8k $3.2m | Reduced -175 |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 46.2k $3.1m | Reduced -12.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 45.1k $3.0m | Added +3.9k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 44.9k $3.0m | Reduced -4.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 44.3k $2.9m | Added +5.0k |
| UBS Group AG 0.00% of their portfolio | 43.0k $2.9m | Reduced -12.3k |
| Arlington Trust Co LLC 0.73% of their portfolio | 43.0k $2.9m | Added +225 |
| TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio | 42.9k $2.8m | Added +574 |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 42.6k $2.8m | Reduced -5.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 39.8k $2.6m | Reduced -21.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 38.3k $2.5m | Unchanged |
| Cedar Wealth Management, LLC 0.82% of their portfolio | 37.5k $2.5m | Added +600 |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 36.6k $2.4m | Added +14.0k |
| Keel Point, LLC 0.25% of their portfolio | 36.0k $2.4m | Added +23 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 34.3k $2.3m | Added +21 |
| Advisory Services Network, LLC 0.05% of their portfolio | 34.2k $2.3m | Reduced -52 |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.04% of their portfolio | 33.7k $2.2m | Added +464 |
| COMERICA BANK 0.01% of their portfolio | 33.7k $2.2m | Reduced -3.8k |
| Blue Trust, Inc. 0.03% of their portfolio | 33.6k $2.2m | Reduced -1.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 33.4k $2.2m | Added +21.0k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.28% of their portfolio | 33.0k $2.2m | Unchanged |
| Cresset Asset Management, LLC 0.01% of their portfolio | 32.6k $2.2m | Reduced -215 |
| M&T Bank Corp 0.01% of their portfolio | 32.6k $2.2m | Added +6.2k |
| Cetera Investment Advisers 0.01% of their portfolio | 32.0k $2.1m | New |
| EverSource Wealth Advisors, LLC 0.15% of their portfolio | 31.9k $1.9m | Reduced -31 |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 29.8k $2.0m | Reduced -295 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 29.0k $1.9m | Added +3.7k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 27.4k $1.8m | Reduced -245 |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 27.4k $1.8m | Added +594 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 26.6k $1.8m | Added +1.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 26.5k $1.8m | Added +7.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio | 26.4k $1.7m | Reduced -1.4k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 26.3k $1.7m | Reduced -589 |
| REGIONS FINANCIAL CORP 0.01% of their portfolio | 26.3k $1.7m | Reduced -900 |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 26.0k $1.7m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio | 26.0k $1.7m | Unchanged |
| Louisiana State Employees Retirement System 0.03% of their portfolio | 24.3k $1.6m | Reduced -200 |
| JACOBS ASSET MANAGEMENT, LLC 1.14% of their portfolio | 22.5k $1.5m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 22.3k $1.5m | Reduced -2.1k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 22.1k $1.5m | Reduced -2.1k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 21.7k $1.2m | Reduced -2.1k |
| Atria Investments, Inc 0.02% of their portfolio | 21.5k $1.4m | Reduced -1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 21.2k $1.4m | Added +423 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 20.7k $1.4m | Added +1.4k |
| OAKWORTH CAPITAL, INC. 0.10% of their portfolio | 20.4k $1.4m | Unchanged |