Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
81 hedge funds and large institutions have $203M invested in Park Sterling Corp. in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
1% more funds holding
Funds holding: 80 → 81 (+1)
4% more capital invested
Capital invested by funds: $196M → $203M (+$7.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.4M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$3.26M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$1.85M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$808K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$688K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$5.81M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$3.08M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.4M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$835K |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$671K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
76
UBS
Zurich,
Switzerland
| $23K | -$32.6K | -5,237 | -60% |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | -$3.96K | -637 | -20% |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12.2K | – | – | – |
|
79
BlackRock
New York
| $9K | – | – | – |
|
80
Bank of America
Charlotte,
North Carolina
| $4K | -$48.3K | -7,773 | -92% |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| $2K | +$1.78K | +287 | +2,208% |
|
|
FHC
82
Forest Hill Capital
Little Rock,
Arkansas
| – | -$5.81M | -983,399 | Closed |
|
|
DC
83
Davenport & Co
Richmond,
Virginia
| – | -$84.7K | -14,334 | Closed |
|
|
FNBOH
84
First National Bank of Hutchinson
Hutchinson,
Kansas
| – | -$65K | -11,000 | Closed |
|
|
BF
85
BOK Financial
Tulsa,
Oklahoma
| – | -$59K | -10,000 | Closed |
|
PSTB Hedge Fund Activity: Q3 2013 in Review
81 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q3 2013, worth a combined $203M — up 3.6% from $196M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PSTB positions and 4 closed out — a net gain of 1 holder — while 32 added to existing stakes and 27 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $6.4M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $5.81M sold.
- 81 institutional investors held Park Sterling Corp. (PSTB) as of Q3 2013, up from 80 in Q2 2013.
- Funds reported $203M of Park Sterling Corp. stock for Q3 2013, up 3.6% quarter-over-quarter.
- 5 funds opened new Park Sterling Corp. positions in Q3 2013 and 4 closed out, a net change of +1 holder.
- The largest Park Sterling Corp. buyer in Q3 2013 was Basswood Capital Management, an estimated $6.4M added.
- The largest Park Sterling Corp. seller in Q3 2013 was Forest Hill Capital, an estimated $5.81M sold.
Based on aggregated 13F filings for Q3 2013.