S&T Bancorp
STBA
125 hedge funds and large institutions have $466M invested in S&T Bancorp in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 24 reducing their positions, and 9 closing their positions.
158% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 24
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
3% more funds holding
Funds holding: 121 → 125 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less capital invested
Capital invested by funds: $540M → $466M (-$74.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.27M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$3.43M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$2.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.82M |
| 5 |
Millennium Management
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$6.62M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.69M |
| 3 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$1.27M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$603K |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
126
ALPS Advisors
Denver,
Colorado
| – | -$486K | -15,770 | Closed |
|
|
CONA
127
Capital One National Association
New York
| – | -$374K | -12,148 | Closed |
|
128
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$268K | -8,700 | Closed |
|
|
PAM
129
Panagora Asset Management
Boston,
Massachusetts
| – | -$242K | -7,857 | Closed |
|
130
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$218K | -7,080 | Closed |
|
131
Victory Capital Management
San Antonio,
Texas
| – | -$106K | -3,455 | Closed |
|
|
TRCT
132
Tower Research Capital (TRC)
New York
| – | -$9K | -300 | Closed |
|
133
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -97 | Closed |
|
|
PCM
134
Prelude Capital Management
New York
| – | -$3K | -90 | Closed |
|
STBA Hedge Fund Activity: Q1 2016 in Review
125 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2016, worth a combined $466M — down 14% from $540M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new STBA positions and 9 closed out — a net gain of 4 holders — while 62 added to existing stakes and 24 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.27M. The largest seller was BlackRock Advisors, cutting an estimated $6.62M.
- 125 institutional investors held S&T Bancorp (STBA) as of Q1 2016, up from 121 in Q4 2015.
- Funds reported $466M of S&T Bancorp stock for Q1 2016, down 14% quarter-over-quarter.
- 13 funds opened new S&T Bancorp positions in Q1 2016 and 9 closed out, a net change of +4 holders.
- The largest S&T Bancorp buyer in Q1 2016 was Renaissance Technologies, an estimated $4.27M added.
- The largest S&T Bancorp seller in Q1 2016 was BlackRock Advisors, an estimated $6.62M sold.
Based on aggregated 13F filings for Q1 2016.