Vaughan Nelson Investment Management, L.P. disclosed a sale of 1,788,953 shares in Western Alliance Bancorporation on Jan. 15, 2026. The transaction had an estimated value of $145.27 million based on quarterly average pricing.
A Securities and Exchange Commission filing released that day confirmed the reduction in stake. The fund's quarter-end position value dropped by $156.2 million, reflecting both the share sale and price movement.
The sale represented 1.42% of the fund's 13F reportable assets under management. Vaughan Nelson now holds 405,677 shares of Western Alliance, which is no longer among its top-five positions.
Before the transaction, the Western Alliance stake accounted for 1.7% of the fund's assets under management in the prior quarter. After the sale, it represents 0.33% of assets under management.
Following the filing, Vaughan Nelson's top holdings include NASDAQ:GOOGL at $304 million, NASDAQ:NVDA at $293 million, NASDAQ:AMZN at $265 million, NYSE:LLY at $247 million, and NASDAQ:MSFT at $238 million.
Western Alliance Bancorporation shares were priced at $88.32 as of Jan. 14, 2026, showing a 5.7% increase over the past year. The company reported revenue of $3.4 billion and net income of $914.3 million for the trailing twelve months.
The bank offers commercial and consumer banking products including deposit accounts, commercial loans, real estate financing, and treasury management services. It serves middle-market businesses and consumers primarily in Arizona, California, and Nevada.
Western Alliance Bancorporation operates 36 branch locations and specialized loan production offices. The company's dividend yield stands at 1.73%.
Other regional banks have reported quarterly results showing strength. Bank of New York Mellon reported 28% year-over-year earnings per share growth, while M&T Bank achieved record net income in 2025.
Western Alliance Bancorporation is scheduled to report its fourth-quarter results on Jan. 26, 2026. The ratio of nonperforming loans and repossessed assets to total assets declined in the third quarter.