Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
116 hedge funds and large institutions have $541M invested in Park Sterling Corp. in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 48 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more capital invested
Capital invested by funds: $466M → $541M (+$75.7M)
6% less funds holding
Funds holding: 124 → 116 (-8)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
35% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$9.88M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$6.51M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.87M |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.47M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.27M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$5.05M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.32M |
| 5 |
RA
Royce & Associates
New York
|
-$1.75M |
PSTB Hedge Fund Activity: Q1 2017 in Review
116 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q1 2017, worth a combined $541M — up 16% from $466M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PSTB and 12 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 31 added.
The largest buyer was BlackRock, adding an estimated $31M. The largest seller was Wells Fargo, cutting an estimated $6.47M.
- 116 institutional investors held Park Sterling Corp. (PSTB) as of Q1 2017, down from 124 in Q4 2016.
- Funds reported $541M of Park Sterling Corp. stock for Q1 2017, up 16% quarter-over-quarter.
- 12 funds opened new Park Sterling Corp. positions in Q1 2017 and 15 closed out, a net change of -3 holders.
- The largest Park Sterling Corp. buyer in Q1 2017 was BlackRock, an estimated $31M added.
- The largest Park Sterling Corp. seller in Q1 2017 was Wells Fargo, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2017.