S&T Bancorp
STBA
162 hedge funds and large institutions have $964M invested in S&T Bancorp in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 27 reducing their positions, and 12 closing their positions.
159% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 27
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more capital invested
Capital invested by funds: $799M → $964M (+$165M)
13% more funds holding
Funds holding: 144 → 162 (+18)
2.97% less ownership
Funds ownership: 63.49% → 60.51% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.6M |
| 2 |
BlackRock
New York
|
+$14.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.74M |
| 4 |
JP Morgan Chase
New York
|
+$6.17M |
| 5 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.31M |
| 3 |
DA
Denali Advisors
San Diego,
California
|
-$1.3M |
| 4 |
Renaissance Technologies
New York
|
-$1.1M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$956K |
STBA Hedge Fund Activity: Q4 2019 in Review
162 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q4 2019, worth a combined $964M — up 21% from $799M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new STBA positions and 12 closed out — a net gain of 19 holders — while 70 added to existing stakes and 27 trimmed.
The largest buyer was Vanguard Group, adding an estimated $21.6M. The largest seller was Millennium Management, cutting an estimated $11.1M.
- 162 institutional investors held S&T Bancorp (STBA) as of Q4 2019, up from 144 in Q3 2019.
- Funds reported $964M of S&T Bancorp stock for Q4 2019, up 21% quarter-over-quarter.
- 31 funds opened new S&T Bancorp positions in Q4 2019 and 12 closed out, a net change of +19 holders.
- The largest S&T Bancorp buyer in Q4 2019 was Vanguard Group, an estimated $21.6M added.
- The largest S&T Bancorp seller in Q4 2019 was Millennium Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2019.