S&T Bancorp
STBA
141 hedge funds and large institutions have $584M invested in S&T Bancorp in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
38% more capital invested
Capital invested by funds: $424M → $584M (+$160M)
10% more funds holding
Funds holding: 128 → 141 (+13)
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.15% less ownership
Funds ownership: 60.98% → 59.83% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.12M |
| 2 |
BlackRock
New York
|
+$1.89M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$1.16M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$847K |
| 5 |
State Street
Boston,
Massachusetts
|
+$830K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$11M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$2.69M |
| 3 |
Bank of New York Mellon
New York
|
-$2.56M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.54M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.36M |
STBA Hedge Fund Activity: Q4 2020 in Review
141 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q4 2020, worth a combined $584M — up 38% from $424M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new STBA positions and 14 closed out — a net gain of 14 holders — while 41 added to existing stakes and 39 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $5.12M. The largest seller was Invesco, cutting an estimated $11M.
- 141 institutional investors held S&T Bancorp (STBA) as of Q4 2020, up from 128 in Q3 2020.
- Funds reported $584M of S&T Bancorp stock for Q4 2020, up 38% quarter-over-quarter.
- 28 funds opened new S&T Bancorp positions in Q4 2020 and 14 closed out, a net change of +14 holders.
- The largest S&T Bancorp buyer in Q4 2020 was Hotchkis & Wiley Capital Management, an estimated $5.12M added.
- The largest S&T Bancorp seller in Q4 2020 was Invesco, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2020.