Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
117 hedge funds and large institutions have $292M invested in Park Sterling Corp. in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 30
12% more capital invested
Capital invested by funds: $262M → $292M (+$30.3M)
11% more funds holding
Funds holding: 105 → 117 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.41M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$6.28M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$4.67M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$1.57M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.6M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$6.16M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.03M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$511K |
| 5 |
Morgan Stanley
New York
|
-$468K |
PSTB Hedge Fund Activity: Q2 2016 in Review
117 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q2 2016, worth a combined $292M — up 12% from $262M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PSTB positions and 4 closed out — a net gain of 12 holders — while 50 added to existing stakes and 30 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $8.41M. The largest seller was Wellington Management Group, cutting an estimated $11.6M.
- 117 institutional investors held Park Sterling Corp. (PSTB) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $292M of Park Sterling Corp. stock for Q2 2016, up 12% quarter-over-quarter.
- 16 funds opened new Park Sterling Corp. positions in Q2 2016 and 4 closed out, a net change of +12 holders.
- The largest Park Sterling Corp. buyer in Q2 2016 was T. Rowe Price Associates, an estimated $8.41M added.
- The largest Park Sterling Corp. seller in Q2 2016 was Wellington Management Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2016.