S&T Bancorp
STBA
125 hedge funds and large institutions have $578M invested in S&T Bancorp in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 12 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
17% more capital invested
Capital invested by funds: $494M → $578M (+$83.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 126 → 125 (-1)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$13.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.7M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.63M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.08M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.96M |
| 2 |
PWAP
Private Wealth Advisors (Pennsylvania)
Greensburg,
Pennsylvania
|
-$2.16M |
| 3 |
Millennium Management
New York
|
-$1.96M |
| 4 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$1.96M |
| 5 |
Two Sigma Investments
New York
|
-$1.44M |
STBA Hedge Fund Activity: Q3 2015 in Review
125 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q3 2015, worth a combined $578M — up 17% from $494M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of STBA and 11 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 51 added.
The largest buyer was Perkins Investment Management, opening a new position worth an estimated $13.8M. The largest seller was Heartland Advisors, exiting entirely with an estimated $2.96M sold.
- 125 institutional investors held S&T Bancorp (STBA) as of Q3 2015, down from 126 in Q2 2015.
- Funds reported $578M of S&T Bancorp stock for Q3 2015, up 17% quarter-over-quarter.
- 11 funds opened new S&T Bancorp positions in Q3 2015 and 12 closed out, a net change of -1 holder.
- The largest S&T Bancorp buyer in Q3 2015 was Perkins Investment Management, an estimated $13.8M added.
- The largest S&T Bancorp seller in Q3 2015 was Heartland Advisors, an estimated $2.96M sold.
Based on aggregated 13F filings for Q3 2015.