S&T Bancorp
STBA
155 hedge funds and large institutions have $940M invested in S&T Bancorp in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
11% more capital invested
Capital invested by funds: $846M → $940M (+$94.2M)
3% more funds holding
Funds holding: 150 → 155 (+5)
1.57% more ownership
Funds ownership: 60.53% → 62.1% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.69M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.12M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.66M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.51M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$4.05M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.16M |
| 4 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$897K |
| 5 |
Millennium Management
New York
|
-$852K |
STBA Hedge Fund Activity: Q2 2018 in Review
155 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q2 2018, worth a combined $940M — up 11% from $846M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STBA positions and 10 closed out — a net gain of 6 holders — while 51 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $5.51M sold.
- 155 institutional investors held S&T Bancorp (STBA) as of Q2 2018, up from 150 in Q1 2018.
- Funds reported $940M of S&T Bancorp stock for Q2 2018, up 11% quarter-over-quarter.
- 16 funds opened new S&T Bancorp positions in Q2 2018 and 10 closed out, a net change of +6 holders.
- The largest S&T Bancorp buyer in Q2 2018 was BlackRock, an estimated $13M added.
- The largest S&T Bancorp seller in Q2 2018 was Assenagon Asset Management, an estimated $5.51M sold.
Based on aggregated 13F filings for Q2 2018.