S&T Bancorp
STBA
191 hedge funds and large institutions have $788M invested in S&T Bancorp in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 26 closing their positions.
2% more capital invested
Capital invested by funds: $771M → $788M (+$16.5M)
0.7% more ownership
Funds ownership: 63.58% → 64.28% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
3% less funds holding
Funds holding: 196 → 191 (-5)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$13.6M |
| 2 |
BlackRock
New York
|
+$7.68M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.91M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.03M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$11.6M |
| 2 |
Millennium Management
New York
|
-$7.46M |
| 3 |
CWS
Confluence Wealth Services
Mcmurray,
Pennsylvania
|
-$7.29M |
| 4 |
JP Morgan Chase
New York
|
-$6.83M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.18M |
STBA Hedge Fund Activity: Q1 2023 in Review
191 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2023, worth a combined $788M — up 2.1% from $771M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of STBA and 22 opened new positions — a net loss of 4 holders — while 65 trimmed existing stakes and 62 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $13.6M. The largest seller was Victory Capital Management, cutting an estimated $11.6M.
- 191 institutional investors held S&T Bancorp (STBA) as of Q1 2023, down from 196 in Q4 2022.
- Funds reported $788M of S&T Bancorp stock for Q1 2023, up 2.1% quarter-over-quarter.
- 22 funds opened new S&T Bancorp positions in Q1 2023 and 26 closed out, a net change of -4 holders.
- The largest S&T Bancorp buyer in Q1 2023 was Boston Partners, an estimated $13.6M added.
- The largest S&T Bancorp seller in Q1 2023 was Victory Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2023.