Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
124 hedge funds and large institutions have $466M invested in Park Sterling Corp. in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
35% more capital invested
Capital invested by funds: $345M → $466M (+$121M)
9% more funds holding
Funds holding: 114 → 124 (+10)
2% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$10.6M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$4.7M |
| 3 |
Renaissance Technologies
New York
|
+$3.26M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.51M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$12.6M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$4.32M |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$2.87M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.08M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
APG Asset Management
Amsterdam,
Netherlands
| – | -$1.79M | -220,529 | Closed |
|
|
HHC
127
Hutchin Hill Capital
New York
| – | -$1.05M | -129,800 | Closed |
|
128
Arrowstreet Capital
Boston,
Massachusetts
| – | -$704K | -86,743 | Closed |
|
|
GC
129
Globeflex Capital
San Diego,
California
| – | -$454K | -55,854 | Closed |
|
|
EVC
130
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$196K | -24,260 | Closed |
|
|
KLI
131
Kelman-Lazarov Inc
Memphis,
Tennessee
| – | -$32.4K | -4,000 | Closed |
|
|
LAM
132
Lebenthal Asset Management
New York
| – | -$5K | -556 | Closed |
|
PSTB Hedge Fund Activity: Q4 2016 in Review
124 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q4 2016, worth a combined $466M — up 35% from $345M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PSTB positions and 8 closed out — a net gain of 11 holders — while 42 added to existing stakes and 41 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $10.6M. The largest seller was BlackRock Group, cutting an estimated $12.6M.
- 124 institutional investors held Park Sterling Corp. (PSTB) as of Q4 2016, up from 114 in Q3 2016.
- Funds reported $466M of Park Sterling Corp. stock for Q4 2016, up 35% quarter-over-quarter.
- 19 funds opened new Park Sterling Corp. positions in Q4 2016 and 8 closed out, a net change of +11 holders.
- The largest Park Sterling Corp. buyer in Q4 2016 was Mendon Capital Advisors, an estimated $10.6M added.
- The largest Park Sterling Corp. seller in Q4 2016 was BlackRock Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2016.