S&T Bancorp
STBA
128 hedge funds and large institutions have $424M invested in S&T Bancorp in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 20 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.16% less ownership
Funds ownership: 61.14% → 60.98% (-0.16%)
3% less funds holding
Funds holding: 132 → 128 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
25% less capital invested
Capital invested by funds: $562M → $424M (-$139M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.56M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$1.38M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.3M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.07M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
-$2.1M |
| 3 |
JP Morgan Chase
New York
|
-$2.06M |
| 4 |
Two Sigma Investments
New York
|
-$1.6M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.55M |
STBA Hedge Fund Activity: Q3 2020 in Review
128 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q3 2020, worth a combined $424M — down 25% from $562M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of STBA and 16 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 50 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.56M. The largest seller was Millennium Management, exiting entirely with an estimated $3.07M sold.
- 128 institutional investors held S&T Bancorp (STBA) as of Q3 2020, down from 132 in Q2 2020.
- Funds reported $424M of S&T Bancorp stock for Q3 2020, down 25% quarter-over-quarter.
- 16 funds opened new S&T Bancorp positions in Q3 2020 and 20 closed out, a net change of -4 holders.
- The largest S&T Bancorp buyer in Q3 2020 was Parametric Portfolio Associates, an estimated $2.56M added.
- The largest S&T Bancorp seller in Q3 2020 was Millennium Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q3 2020.