S&T Bancorp
STBA
136 hedge funds and large institutions have $671M invested in S&T Bancorp in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
0.63% more ownership
Funds ownership: 54.9% → 55.54% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 137 → 136 (-1)
10% less capital invested
Capital invested by funds: $748M → $671M (-$77.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$157M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$8.5M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$3.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.76M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$17.7M |
| 2 |
Renaissance Technologies
New York
|
-$2.46M |
| 3 |
Morgan Stanley
New York
|
-$2.21M |
| 4 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$2.15M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.96M |
STBA Hedge Fund Activity: Q1 2017 in Review
136 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2017, worth a combined $671M — down 10% from $748M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new STBA positions and 13 closed out — a net gain of 5 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, adding an estimated $157M. The largest seller was Perkins Investment Management, exiting entirely with an estimated $17.7M sold.
- 136 institutional investors held S&T Bancorp (STBA) as of Q1 2017, down from 137 in Q4 2016.
- Funds reported $671M of S&T Bancorp stock for Q1 2017, down 10% quarter-over-quarter.
- 18 funds opened new S&T Bancorp positions in Q1 2017 and 13 closed out, a net change of +5 holders.
- The largest S&T Bancorp buyer in Q1 2017 was BlackRock, an estimated $157M added.
- The largest S&T Bancorp seller in Q1 2017 was Perkins Investment Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2017.