S&T Bancorp
STBA
187 hedge funds and large institutions have $829M invested in S&T Bancorp in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
4% more funds holding
Funds holding: 180 → 187 (+7)
1.49% more ownership
Funds ownership: 66.12% → 67.61% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $845M → $829M (-$15.9M)
24% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 67
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$15.6M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$9.53M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$6.54M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$5.41M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.39M |
| 3 |
Millennium Management
New York
|
-$2.91M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.41M |
| 5 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Lazard Asset Management
New York
| – | -$164K | -4,934 | Closed |
|
|
TWP
202
TFO Wealth Partners
Maumee,
Ohio
| – | -$568 | -17 | Closed |
|
|
MPWT
203
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$535 | -16 | Closed |
|
|
C
204
Covestor
London,
United Kingdom
| – | -$320 | -10 | -67% |
|
STBA Hedge Fund Activity: Q1 2024 in Review
187 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2024, worth a combined $829M — down 1.9% from $845M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new STBA positions and 17 closed out — a net gain of 8 holders — while 51 added to existing stakes and 67 trimmed.
The largest buyer was Bank of America, adding an estimated $15.6M. The largest seller was Morgan Stanley, cutting an estimated $13.3M.
- 187 institutional investors held S&T Bancorp (STBA) as of Q1 2024, up from 180 in Q4 2023.
- Funds reported $829M of S&T Bancorp stock for Q1 2024, down 1.9% quarter-over-quarter.
- 25 funds opened new S&T Bancorp positions in Q1 2024 and 17 closed out, a net change of +8 holders.
- The largest S&T Bancorp buyer in Q1 2024 was Bank of America, an estimated $15.6M added.
- The largest S&T Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2024.