S&T Bancorp
STBA
136 hedge funds and large institutions have $748M invested in S&T Bancorp in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
54.9% more ownership
Funds ownership: 0% → 54.9% (+55%)
41% more capital invested
Capital invested by funds: $531M → $748M (+$217M)
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
12% more funds holding
Funds holding: 121 → 136 (+15)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.2M |
| 2 |
Morgan Stanley
New York
|
+$5.05M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.85M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.51M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$13.8M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$7.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.24M |
| 4 |
Renaissance Technologies
New York
|
-$2.6M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$2.38M |
STBA Hedge Fund Activity: Q4 2016 in Review
136 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q4 2016, worth a combined $748M — up 41% from $531M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new STBA positions and 8 closed out — a net gain of 17 holders — while 47 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $14.2M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $13.8M sold.
- 136 institutional investors held S&T Bancorp (STBA) as of Q4 2016, up from 121 in Q3 2016.
- Funds reported $748M of S&T Bancorp stock for Q4 2016, up 41% quarter-over-quarter.
- 25 funds opened new S&T Bancorp positions in Q4 2016 and 8 closed out, a net change of +17 holders.
- The largest S&T Bancorp buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $14.2M added.
- The largest S&T Bancorp seller in Q4 2016 was Allianz Asset Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2016.