Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
114 hedge funds and large institutions have $345M invested in Park Sterling Corp. in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 13 closing their positions.
18% more capital invested
Capital invested by funds: $292M → $345M (+$53M)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 117 → 114 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
+$10.8M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$5.96M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.51M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.65M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$10.6M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.18M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$861K |
| 4 |
FM
Forward Management
San Francisco,
California
|
-$766K |
| 5 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$13K | -1,792 | Closed |
|
127
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -361 | Closed |
|
PSTB Hedge Fund Activity: Q3 2016 in Review
114 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q3 2016, worth a combined $345M — up 18% from $292M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PSTB and 10 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was BlackRock Group, opening a new position worth an estimated $10.8M. The largest seller was Forest Hill Capital, cutting an estimated $10.6M.
- 114 institutional investors held Park Sterling Corp. (PSTB) as of Q3 2016, down from 117 in Q2 2016.
- Funds reported $345M of Park Sterling Corp. stock for Q3 2016, up 18% quarter-over-quarter.
- 10 funds opened new Park Sterling Corp. positions in Q3 2016 and 13 closed out, a net change of -3 holders.
- The largest Park Sterling Corp. buyer in Q3 2016 was BlackRock Group, an estimated $10.8M added.
- The largest Park Sterling Corp. seller in Q3 2016 was Forest Hill Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2016.