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S&T Bancorp

108 hedge funds and large institutions have $333M invested in S&T Bancorp in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less funds holding

Funds holding: 113108 (-5)

7% less capital invested

Capital invested by funds: $358M → $333M (-$24.5M)

27% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 44

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
108
Holders Change
-5
Holders Change %
-4.42%
% of All Funds
3.12%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
8
Increased
32
Reduced
44
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$43.4M +$1.51M +64,010 +4%
BFA
2
BlackRock Fund Advisors
California
$38.6M +$31.6K +1,342 +0.1%
STB
3
S&T Bank
Pennsylvania
$37M -$2.6M -110,688 -7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$25.1M +$142K +6,038 +0.6%
BIT
5
BlackRock Institutional Trust
California
$20.6M +$208K +8,848 +1%
Macquarie Group
6
Macquarie Group
Australia
$19.9M +$994K +42,228 +5%
Northern Trust
7
Northern Trust
Illinois
$18.8M -$663K -28,183 -3%
State Street
8
State Street
Massachusetts
$13.2M -$120K -5,098 -0.9%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$12.3M +$500K +21,256 +4%
WCM
10
Wedge Capital Management
North Carolina
$8.43M -$350K -14,887 -4%
Norges Bank
11
Norges Bank
Norway
$6.46M
Principal Financial Group
12
Principal Financial Group
Iowa
$4.27M -$38.4K -1,631 -0.9%
EA
13
Emerald Advisers
Pennsylvania
$4.17M +$727K +30,894 +21%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$3.74M +$298K +12,656 +9%
Ameriprise
15
Ameriprise
Minnesota
$3.33M +$260K +11,065 +9%
TCIM
16
TIAA CREF Investment Management
New York
$3.26M -$80.9K -3,440 -2%
BIM
17
BlackRock Investment Management
Delaware
$3.11M +$7.39K +314 +0.2%
FCFC
18
First Commonwealth Financial Corp
Pennsylvania
$2.96M -$42.5K -1,804 -1%
BGIM
19
Brandywine Global Investment Management
Pennsylvania
$2.94M +$33.4K +1,420 +1%
Charles Schwab
20
Charles Schwab
California
$2.79M +$50.8K +2,157 +2%
PPA
21
Parametric Portfolio Associates
Washington
$2.61M -$54.3K -2,307 -2%
LSV Asset Management
22
LSV Asset Management
Illinois
$2.56M +$2.46M +104,705 +3,080%
SB
23
Suntrust Banks
Georgia
$2.37M +$2.35M +99,886 New
JAM
24
Jacobs Asset Management
New York
$2.3M -$3.77M -160,249 -62%
Prudential Financial
25
Prudential Financial
New Jersey
$2.3M +$118K +5,000 +5%

STBA Hedge Fund Activity: Q1 2014 in Review

108 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2014, worth a combined $333M — down 6.9% from $358M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of STBA and 8 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 32 added.

The largest buyer was LSV Asset Management, adding an estimated $2.46M. The largest seller was Jacobs Asset Management, cutting an estimated $3.77M.

  • 108 institutional investors held S&T Bancorp (STBA) as of Q1 2014, down from 113 in Q4 2013.
  • Funds reported $333M of S&T Bancorp stock for Q1 2014, down 6.9% quarter-over-quarter.
  • 8 funds opened new S&T Bancorp positions in Q1 2014 and 13 closed out, a net change of -5 holders.
  • The largest S&T Bancorp buyer in Q1 2014 was LSV Asset Management, an estimated $2.46M added.
  • The largest S&T Bancorp seller in Q1 2014 was Jacobs Asset Management, an estimated $3.77M sold.

Based on aggregated 13F filings for Q1 2014.