S&T Bancorp
STBA
126 hedge funds and large institutions have $472M invested in S&T Bancorp in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 63 increasing their positions, 23 reducing their positions, and 9 closing their positions.
174% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 23
146% more capital inflows, than outflows
Capital inflows: $34.3M | Capital outflows: $13.9M
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
3% more funds holding
Funds holding: 122 → 126 (+4)
2.12% more ownership
Funds ownership: 50.44% → 52.56% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.27M |
| 2 |
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 |
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 |
ALPS Advisors
Denver,
Colorado
|
-$486K |
STBA Hedge Fund Activity: Q1 2016 in Review
126 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2016, worth a combined $472M — down 13% from $541M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new STBA positions and 9 closed out — a net gain of 4 holders — while 63 added to existing stakes and 23 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.27M. The largest seller was BlackRock Advisors, cutting an estimated $6.62M.
- 126 institutional investors held S&T Bancorp (STBA) as of Q1 2016, up from 122 in Q4 2015.
- Funds reported $472M of S&T Bancorp stock for Q1 2016, down 13% 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.