State Bank Financial Corporation. Common Stock
STBZ
STBZ was delisted on the 31st of December, 2018.
142 hedge funds and large institutions have $615M invested in State Bank Financial Corporation. Common Stock in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 53 reducing their positions, and 39 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% less funds holding
Funds holding: 159 → 142 (-17)
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
34% less capital invested
Capital invested by funds: $934M → $615M (-$319M)
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$19.3M |
| 2 |
Millennium Management
New York
|
+$12.7M |
| 3 |
VI
Versor Investments
New York
|
+$10.4M |
| 4 |
Renaissance Technologies
New York
|
+$9.01M |
| 5 |
SSG
Summit Securities Group
New York
|
+$6.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$41.6M |
| 2 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$18.7M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$12.4M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$9.96M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$8.88M |
STBZ Hedge Fund Activity: Q4 2018 in Review
142 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Bank Financial Corporation. Common Stock (STBZ) for Q4 2018, worth a combined $615M — down 34% from $934M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of STBZ and 22 opened new positions — a net loss of 17 holders — while 53 trimmed existing stakes and 45 added.
The largest buyer was Water Island Capital, adding an estimated $19.3M. The largest seller was State Street, exiting entirely with an estimated $41.6M sold.
- 142 institutional investors held State Bank Financial Corporation. Common Stock (STBZ) as of Q4 2018, down from 159 in Q3 2018.
- Funds reported $615M of State Bank Financial Corporation. Common Stock stock for Q4 2018, down 34% quarter-over-quarter.
- 22 funds opened new State Bank Financial Corporation. Common Stock positions in Q4 2018 and 39 closed out, a net change of -17 holders.
- The largest State Bank Financial Corporation. Common Stock buyer in Q4 2018 was Water Island Capital, an estimated $19.3M added.
- The largest State Bank Financial Corporation. Common Stock seller in Q4 2018 was State Street, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2018.