S&T Bancorp
STBA
113 hedge funds and large institutions have $358M invested in S&T Bancorp in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 42 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
6% more funds holding
Funds holding: 107 → 113 (+6)
5% more capital invested
Capital invested by funds: $341M → $358M (+$16.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$1.29M |
| 2 |
Goldman Sachs
New York
|
+$1.28M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.12M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$850K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$715K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$1.41M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.22M |
| 3 |
RBA
Richard Bernstein Advisors
New York
|
-$981K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$663K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$488K |
STBA Hedge Fund Activity: Q4 2013 in Review
113 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q4 2013, worth a combined $358M — up 4.9% from $341M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new STBA positions and 4 closed out — a net gain of 7 holders — while 32 added to existing stakes and 42 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $1.29M. The largest seller was Jacobs Asset Management, cutting an estimated $1.41M.
- 113 institutional investors held S&T Bancorp (STBA) as of Q4 2013, up from 107 in Q3 2013.
- Funds reported $358M of S&T Bancorp stock for Q4 2013, up 4.9% quarter-over-quarter.
- 11 funds opened new S&T Bancorp positions in Q4 2013 and 4 closed out, a net change of +7 holders.
- The largest S&T Bancorp buyer in Q4 2013 was Bank of New York Mellon, an estimated $1.29M added.
- The largest S&T Bancorp seller in Q4 2013 was Jacobs Asset Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2013.