Western Alliance Bancorporation (WAL) shareholders
WALNYSEState Commercial BanksFiscal year ends December 31Also trades as WAL.PA
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 16/3019% below fair value
$74.79+0.40 (+0.54%)
Close on Nov 13, 2026Market cap $8.04BP/E 8.3Yield 2.09%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
98M
Shares held, 13F filers
Institutional holders
495
105 new, 52 sold out
Net institutional buying
9M
In Q2 2026
Insider trades, 12 months
0 buys · 9 sales
Net sold $5.85M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 10,145,727 | 9.20% | 13G (passive) | Sep 30, 2024 |
| T. Rowe Price Associates, Inc. | 6,313,061 | 5.80% | 13G (passive) amendment | Jun 30, 2026 |
| Invesco Ltd. | 5,871,003 | 5.40% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 5,483,998 | 5.02% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WAL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,276,134 | – | $926.90M | +297,557 | 0.01% |
| Price T Rowe Associates Inc /Md/ | 6,312,247 | – | $518.87M | −1,530,495 | 0.05% |
| Invesco Ltd. | 5,871,003 | – | $482.60M | +652,089 | 0.04% |
| Vanguard Portfolio Management LLC | 5,439,993 | – | $447.17M | +228,862 | 0.02% |
| Aqr Capital Management LLC | 5,151,917 | – | $422.97M | +4,244,622 | 0.15% |
| Vanguard Capital Management LLC | 4,673,084 | – | $384.13M | +22,627 | 0.01% |
| Wellington Management Group Llp | 4,389,690 | – | $360.83M | −311,575 | 0.06% |
| State Street Corp | 4,271,252 | – | $351.10M | +70,612 | 0.01% |
| Dimensional Fund Advisors LP | 4,024,180 | – | $330.80M | +210,185 | 0.06% |
| Davis Asset Management, L.P. | 3,336,000 | – | $274.22M | +253,000 | 6.94% |
| FMR LLC | 2,373,997 | – | $195.14M | −3,895 | 0.01% |
| Barrow Hanley Mewhinney & Strauss LLC | 2,120,791 | – | $174.33M | −242,148 | 0.53% |
| Geode Capital Management, LLC | 2,112,323 | – | $173.67M | −2,488 | 0.01% |
| Bank Of Montreal /Can/ | 1,814,642 | – | $149.16M | −54,030 | 0.05% |
| T. Rowe Price Investment Management, Inc. | 1,607,070 | – | $132.10M | −99,258 | 0.09% |
| Smead Capital Management, Inc. | 1,594,678 | – | $131.08M | +239,087 | 2.81% |
| Norges Bank | 1,458,937 | – | $119.92M | New | 0.01% |
| Ameriprise Financial Inc | 1,241,477 | – | $102.05M | +349,968 | 0.02% |
| Jupiter Topco LLC | 1,240,773 | – | $102.00M | New | 0.04% |
| Bank Of America Corp /De/ | 1,179,771 | – | $96.98M | +892,662 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 495 | 98M | 105 / 187 | 131 / 52 | 15M | 6M |
| Q1 2026 | 449 | 91M | 85 / 156 | 146 / 68 | 23M | 17M |
| Q4 2025 | 442 | 96M | 71 / 141 | 158 / 64 | 8M | 11M |
| Q3 2025 | 441 | 100M | 53 / 153 | 149 / 46 | 9M | 8M |
| Q2 2025 | 440 | 99M | 77 / 152 | 138 / 50 | 9M | 9M |
| Q1 2025 | 415 | 98M | 48 / 143 | 152 / 51 | 8M | 8M |
| Q4 2024 | 427 | 99M | 62 / 171 | 127 / 46 | 8M | 8M |
| Q3 2024 | 418 | 99M | 98 / 131 | 138 / 56 | 24M | 11M |
| Q2 2024 | 379 | 91M | 45 / 129 | 139 / 48 | 7M | 9M |
| Q1 2024 | 387 | 93M | 65 / 127 | 136 / 49 | 13M | 13M |
| Q4 2023 | 377 | 94M | 90 / 107 | 137 / 44 | 18M | 14M |
| Q3 2023 | 338 | 89M | 67 / 125 | 97 / 49 | 20M | 10M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
450 funds held WAL in Q2 2026, 48% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of WAL | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3,504,237 | – | $288.05M | 0.23% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 3,291,590 | – | $270.57M | 0.01% | Jun 30, 2026 |
| Invesco Small Cap Value Fund | 2,599,283 | – | $209.22M | 1.88% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 2,379,650 | – | $195.61M | 0.10% | Jun 30, 2026 |
| Invesco Value Opportunities Fund | 1,535,824 | – | $123.62M | 1.36% | Jul 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,506,906 | – | $123.87M | 0.18% | Jun 30, 2026 |
| Smead Value Fund | 1,323,446 | – | $105.41M | 2.71% | May 29, 2026 |
| T. Rowe Price Mid-Cap Value Fund, Inc. | 1,198,199 | – | $98.49M | 0.60% | Jun 30, 2026 |
| Janus Henderson Contrarian Fund | 1,193,676 | – | $98.12M | 1.79% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,174,348 | – | $96.53M | 0.10% | Jun 30, 2026 |
| T. Rowe Price All-Cap Opportunities Fund | 918,246 | – | $75.48M | 0.52% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 834,158 | – | $68.57M | 0.65% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 734,514 | – | $60.38M | 1.27% | Jun 30, 2026 |
| Invesco KBW Bank ETF | 700,266 | – | $55.78M | 1.05% | May 31, 2026 |
| U.S. Small Cap Value Portfolio | 695,950 | – | $56.02M | 0.29% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Kenneth Vecchione | Chairman, President & CEO, Director | 465,878 | Oct 19, 2026 |
| Emily Nachlas | Chief Risk Officer | 16,575 | Oct 19, 2026 |
| Lynne Herndon | Chief Credit Officer | 1,880 | Oct 19, 2026 |
| Vishal Idnani | Chief Financial Officer | 11,468 | Oct 19, 2026 |
| Timothy W. Boothe | Chief Administration Officer | 65,742 | Oct 19, 2026 |
| Jessica H. Jarvi | CLO & Secretary | 15,781 | Oct 19, 2026 |
| Barbara Kennedy | Chief Human Resources Officer | 33,129 | Oct 19, 2026 |
| Dale Gibbons | Vice Chair and CBO, Deposits | 267,705 | Oct 19, 2026 |
| Tim R. Bruckner | CBO for Regional Banking | 29,068 | Oct 19, 2026 |
| Ben Mucha | Chief Accounting Officer | 3,485 | Jun 10, 2026 |
| Stephen Russell Curley | Chief Banking Ofc.-NBL | 41,531 | May 19, 2026 |
| J. Kelly Ardrey Jr. | Chief Accounting Officer | 3,214 | Feb 19, 2025 |
| Mary Chris Jammet | Director | 5,861 | Oct 19, 2026 |
| Michael Papay | Director | 0 | Feb 9, 2026 |
| Kuras Mary Tuuk | Director | 14,271 | Feb 9, 2026 |
| Juan R. Figuereo | Director | 19,269 | Feb 9, 2026 |
| Howard Gould | Director | 53,009 | Feb 9, 2026 |
| Bruce D. Beach | Director | 55,732 | Feb 9, 2026 |
| Donald D. Snyder | Director | 98,713 | Feb 9, 2026 |
| Clarke R. Starnes III | Director | 2,580 | Feb 9, 2026 |
| Greta Guggenheim | Director | 8,441 | Feb 9, 2026 |
| Christopher A. Halmy | Director | 5,861 | Feb 9, 2026 |
| Robert P. Latta | Director | 47,851 | Feb 9, 2026 |
| Bryan K. Segedi | Director | 19,419 | Feb 9, 2026 |
| Anthony T. Meola | Director | 13,480 | Feb 9, 2026 |
| Marianne Boyd Johnson | Director | 4,323,369 | Feb 9, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Returned to company | −229 | $74.35 | $17.03K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Option exercise | +229 | – | – | 267,322 |
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Returned to company | −212 | $74.35 | $15.76K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Option exercise | +212 | – | – | 267,305 |
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Returned to company | −285 | $74.35 | $21.19K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Oct 15, 2026 | Option exercise | +285 | – | – | 267,378 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Returned to company | −27 | $74.35 | $2.01K | 1,880 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Option exercise | +27 | – | – | 1,907 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Returned to company | −22 | $74.35 | $1.64K | 1,880 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Option exercise | +22 | – | – | 1,902 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Returned to company | −35 | $74.35 | $2.60K | 1,880 |
| Lynne Herndon Chief Credit Officer | Oct 15, 2026 | Option exercise | +35 | – | – | 1,915 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Returned to company | −64 | $74.35 | $4.76K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Option exercise | +64 | – | – | 13,771 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Returned to company | −46 | $74.35 | $3.42K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Option exercise | +46 | – | – | 13,753 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Returned to company | −58 | $74.35 | $4.31K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Oct 15, 2026 | Option exercise | +58 | – | – | 13,765 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Returned to company | −82 | $74.35 | $6.10K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Option exercise | +82 | – | – | 10,414 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Returned to company | −74 | $74.35 | $5.50K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Option exercise | +74 | – | – | 10,406 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Returned to company | −101 | $74.35 | $7.51K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Oct 15, 2026 | Option exercise | +101 | – | – | 10,433 |
| Vishal Idnani Chief Financial Officer | Oct 15, 2026 | Returned to company | −123 | $74.35 | $9.15K | 11,468 |
| Vishal Idnani Chief Financial Officer | Oct 15, 2026 | Option exercise | +123 | – | – | 11,591 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Returned to company | −69 | $74.35 | $5.13K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Option exercise | +69 | – | – | 65,486 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Returned to company | −69 | $74.35 | $5.13K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Option exercise | +69 | – | – | 65,486 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Returned to company | −97 | $74.35 | $7.21K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Oct 15, 2026 | Option exercise | +97 | – | – | 65,514 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Returned to company | −595 | $74.35 | $44.24K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Option exercise | +595 | – | – | 463,773 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Returned to company | −437 | $74.35 | $32.49K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Option exercise | +437 | – | – | 463,615 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Returned to company | −539 | $74.35 | $40.07K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Oct 15, 2026 | Option exercise | +539 | – | – | 463,717 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Returned to company | −64 | $74.35 | $4.76K | 16,575 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Option exercise | +64 | – | – | 16,639 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Returned to company | −53 | $74.35 | $3.94K | 16,575 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Option exercise | +53 | – | – | 16,628 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Returned to company | −72 | $74.35 | $5.35K | 16,575 |
| Emily Nachlas Chief Risk Officer | Oct 15, 2026 | Option exercise | +72 | – | – | 16,647 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Returned to company | −142 | $74.35 | $10.56K | 29,068 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Option exercise | +142 | – | – | 29,210 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Returned to company | −115 | $74.35 | $8.55K | 29,068 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Option exercise | +115 | – | – | 29,183 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Returned to company | −158 | $74.35 | $11.75K | 29,068 |
| Tim R. Bruckner CBO for Regional Banking | Oct 15, 2026 | Option exercise | +158 | – | – | 29,226 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +22 | – | – | 1,902 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −27 | $79.03 | $2.13K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +35 | – | – | 1,915 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −35 | $79.03 | $2.77K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −22 | $79.03 | $1.74K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +27 | – | – | 1,907 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +97 | – | – | 65,514 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +69 | – | – | 65,486 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Returned to company | −69 | $79.03 | $5.45K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +69 | – | – | 65,486 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
5.49%
6M shares short
Days to cover
5.2
At 1M shares a day
Change since last report
-11.9%
From 6M shares
Short volume, 20 days
45.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Western Alliance Bancorporation's stock actually held short. Settlement fails (shares not delivered on time) peaked at 4,753 shares on Sep 30, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Stephen Russell Curley Officer | Jun 15, 2026 | 10,696 | $878.11K | Jun 15, 2026 | Employee Stock Relaated |
| Dale Gibbons Officer, Director | Jun 9, 2026 | 40,000 | $3.30M | Jun 9, 2026 | RSU GRANT |
| Ben Mucha Officer | Jun 8, 2026 | 5,946 | $481.26K | Jun 8, 2026 | Vesting of a Stock Award |
| Ben Mucha Officer | Feb 18, 2026 | 641 | $61.29K | Feb 18, 2026 | Vesting of a Stock Award |
| Marianne Boyd Johnson Director | Dec 15, 2025 | 23,142 | $2.01M | Dec 15, 2025 | Founders Share |
| Tim R. Bruckner Officer | Jul 24, 2025 | 2,500 | $209.78K | Jul 24, 2025 | Vesting of a Stock Award |
| Bryan K. Segedi Director | Nov 13, 2024 | 1,000 | $94.58K | Nov 13, 2024 | Open Market Purchase |
| Robert P. Latta Director | Sep 13, 2024 | 2,955 | $239.69K | Sep 13, 2024 | Restricted stock vesting under a registered plan |
| Robert P. Latta Director | Sep 9, 2024 | 2,996 | $247.92K | Sep 9, 2024 | Vesting of a Stock Award |
| Marianne Boyd Johnson Director | Aug 30, 2024 | 12,516 | $1.01M | Aug 30, 2024 | Vesting of a Stock Award |
| Barbara Kennedy Officer | Aug 26, 2024 | 11,083 | $904.31K | Aug 26, 2024 | Vesting of a Stock Award |
| Stephen Russell Curley Officer | Aug 1, 2024 | 5,070 | $387.51K | Aug 1, 2024 | Vesting of a Stock Award |
| Robert P. Latta Director | Dec 11, 2023 | 5,370 | $301.10K | Dec 11, 2023 | Vesting of a Stock Award |
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