{
 "company": "Western Alliance Bancorporation",
 "ticker": "WAL",
 "page": "https://www.moatshark.com/s/wal",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Smead Capital Management",
   "moatshark_slug": "smead-capital-management",
   "period": "2026-09-30",
   "portfolio_pct": 3.02,
   "value_usd": 141959291,
   "change": "ADD",
   "share_change_pct": 18.5,
   "quarters_held": 12
  },
  {
   "manager": "Miller Value Partners",
   "moatshark_slug": "miller-value-partners",
   "period": "2026-06-30",
   "portfolio_pct": 0.81,
   "value_usd": 3432261,
   "change": "REDUCE",
   "share_change_pct": -24.4,
   "quarters_held": 14
  }
 ]
}