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S&T Bancorp

140 hedge funds and large institutions have $788M invested in S&T Bancorp in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 35 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

40% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 35

13% more capital invested

Capital invested by funds: $696M → $788M (+$91.8M)

8% more funds holding

Funds holding: 130140 (+10)

1.43% more ownership

Funds ownership: 55.49%56.91% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
140
Holders Change
+10
Holders Change %
+7.69%
% of All Funds
3.49%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
49
Reduced
35
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$173M +$3.66M +99,576 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$129M +$2.31M +62,808 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$67.6M +$1.68M +45,817 +3%
STB
4
S&T Bank
Pennsylvania
$48.1M -$2.59M -70,444 -5%
Macquarie Group
5
Macquarie Group
Australia
$46.1M +$4.23M +115,210 +11%
Northern Trust
6
Northern Trust
Illinois
$37.6M -$67.1K -1,827 -0.2%
State Street
7
State Street
Massachusetts
$33.3M +$51.8K +1,409 +0.2%
Norges Bank
8
Norges Bank
Norway
$24M +$999K +27,197 +5%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$18.4M -$484K -13,175 -3%
WCM
10
Wedge Capital Management
North Carolina
$16.3M -$900K -24,481 -6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$13M +$313K +8,515 +3%
Ameriprise
12
Ameriprise
Minnesota
$11.4M +$298K +8,119 +3%
Principal Financial Group
13
Principal Financial Group
Iowa
$10.7M -$101K -2,739 -1%
Prudential Financial
14
Prudential Financial
New Jersey
$10.2M +$627K +17,050 +7%
Charles Schwab
15
Charles Schwab
California
$6.88M +$670K +18,232 +12%
Invesco
16
Invesco
Georgia
$6.47M -$61.3K -1,668 -1%
FCFC
17
First Commonwealth Financial Corp
Pennsylvania
$5.91M +$62.5K +1,700 +1%
MCM
18
Maltese Capital Management
New York
$5.14M +$178K +4,837 +4%
LSV Asset Management
19
LSV Asset Management
Illinois
$5.13M -$55.1K -1,500 -1%
BGIM
20
Brandywine Global Investment Management
Pennsylvania
$4.04M -$367K -9,981 -9%
TCIM
21
TIAA CREF Investment Management
New York
$3.92M -$82.6K -2,247 -2%
First Trust Advisors
22
First Trust Advisors
Illinois
$3.73M +$748K +20,367 +28%
Morgan Stanley
23
Morgan Stanley
New York
$3.64M +$342K +9,311 +11%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$3.6M +$51.8K +1,410 +2%
MOACM
25
Mutual of America Capital Management
New York
$3.5M +$1.45M +39,400 +80%

STBA Hedge Fund Activity: Q3 2017 in Review

140 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q3 2017, worth a combined $788M — up 13% from $696M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new STBA positions and 7 closed out — a net gain of 10 holders — while 49 added to existing stakes and 35 trimmed.

The largest buyer was Macquarie Group, adding an estimated $4.23M. The largest seller was S&T Bank, cutting an estimated $2.59M.

  • 140 institutional investors held S&T Bancorp (STBA) as of Q3 2017, up from 130 in Q2 2017.
  • Funds reported $788M of S&T Bancorp stock for Q3 2017, up 13% quarter-over-quarter.
  • 17 funds opened new S&T Bancorp positions in Q3 2017 and 7 closed out, a net change of +10 holders.
  • The largest S&T Bancorp buyer in Q3 2017 was Macquarie Group, an estimated $4.23M added.
  • The largest S&T Bancorp seller in Q3 2017 was S&T Bank, an estimated $2.59M sold.

Based on aggregated 13F filings for Q3 2017.