S&T Bancorp
STBA
132 hedge funds and large institutions have $562M invested in S&T Bancorp in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 22 closing their positions.
1.25% more ownership
Funds ownership: 59.89% → 61.14% (+1.2%)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
2% less funds holding
Funds holding: 135 → 132 (-3)
13% less capital invested
Capital invested by funds: $646M → $562M (-$83M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$7.23M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$4.91M |
| 3 |
Millennium Management
New York
|
+$2.76M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.72M |
| 5 |
Two Sigma Investments
New York
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.27M |
| 2 |
Goldman Sachs
New York
|
-$1.88M |
| 3 |
BlackRock
New York
|
-$1.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.77M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.22M |
STBA Hedge Fund Activity: Q2 2020 in Review
132 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q2 2020, worth a combined $562M — down 13% from $646M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of STBA and 19 opened new positions — a net loss of 3 holders — while 46 trimmed existing stakes and 44 added.
The largest buyer was Charles Schwab, adding an estimated $7.23M. The largest seller was Vanguard Group, cutting an estimated $2.27M.
- 132 institutional investors held S&T Bancorp (STBA) as of Q2 2020, down from 135 in Q1 2020.
- Funds reported $562M of S&T Bancorp stock for Q2 2020, down 13% quarter-over-quarter.
- 19 funds opened new S&T Bancorp positions in Q2 2020 and 22 closed out, a net change of -3 holders.
- The largest S&T Bancorp buyer in Q2 2020 was Charles Schwab, an estimated $7.23M added.
- The largest S&T Bancorp seller in Q2 2020 was Vanguard Group, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2020.