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 23 funds opening new positions, 61 increasing their positions, 65 reducing their positions, and 25 closing their positions.
6.37% more ownership
Funds ownership: 57.91% → 64.28% (+6.4%)
2% more capital invested
Capital invested by funds: $771M → $788M (+$17.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 65
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 194 → 191 (-3)
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 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.01M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$4M |
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 6,283 institutional investors tracked by Wall St. Rank reported a position in S&T Bancorp (STBA) for Q1 2023, worth a combined $788M — up 2.2% from $771M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of STBA and 23 opened new positions — a net loss of 2 holders — while 65 trimmed existing stakes and 61 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 194 in Q4 2022.
- Funds reported $788M of S&T Bancorp stock for Q1 2023, up 2.2% quarter-over-quarter.
- 23 funds opened new S&T Bancorp positions in Q1 2023 and 25 closed out, a net change of -2 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.