Park Sterling Corp.
PSTB
PSTB was delisted on the 30th of November, 2017.
124 hedge funds and large institutions have $522M invested in Park Sterling Corp. in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
7% more funds holding
Funds holding: 116 → 124 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $541M → $522M (-$19.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$10.9M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$10M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.2M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$5.49M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$7.76M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$6.37M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$6.19M |
| 5 |
Millennium Management
New York
|
-$5.63M |
PSTB Hedge Fund Activity: Q2 2017 in Review
124 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Park Sterling Corp. (PSTB) for Q2 2017, worth a combined $522M — down 3.6% from $541M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PSTB positions and 19 closed out — a net gain of 8 holders — while 42 added to existing stakes and 36 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $10.9M. The largest seller was Wellington Management Group, cutting an estimated $13M.
- 124 institutional investors held Park Sterling Corp. (PSTB) as of Q2 2017, up from 116 in Q1 2017.
- Funds reported $522M of Park Sterling Corp. stock for Q2 2017, down 3.6% quarter-over-quarter.
- 27 funds opened new Park Sterling Corp. positions in Q2 2017 and 19 closed out, a net change of +8 holders.
- The largest Park Sterling Corp. buyer in Q2 2017 was Water Island Capital, an estimated $10.9M added.
- The largest Park Sterling Corp. seller in Q2 2017 was Wellington Management Group, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2017.