State Auto Financial Corp
STFC
STFC was delisted on the 28th of February, 2022.
77 hedge funds and large institutions have $313M invested in State Auto Financial Corp in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 33 increasing their positions, 17 reducing their positions, and 8 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 17
11% more capital invested
Capital invested by funds: $281M → $313M (+$32.1M)
5% less funds holding
Funds holding: 81 → 77 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$5.73M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
+$2.65M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$990K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$967K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$760K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.03M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$967K |
| 3 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$831K |
| 4 |
RA
Royce & Associates
New York
|
-$783K |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
-$735K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCIM
76
TIAA CREF Investment Management
New York
| $1.14K | +$17.8K | +774 | +2% |
|
|
PP
77
Prospector Partners
Guilford,
Connecticut
| – | -$831K | -37,950 | Closed |
|
78
Goldman Sachs
New York
| – | -$250K | -11,397 | Closed |
|
79
Teacher Retirement System of Texas
Austin,
Texas
| – | -$51K | -2,315 | Closed |
|
80
Envestnet Asset Management
Chicago,
Illinois
| – | -$24K | -1,103 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$22K | -1,014 | Closed |
|
|
CCMH
82
Cornerstone Capital Management Holdings
New York
| – | -$16K | -740 | Closed |
|
|
JIM
83
Jupiter Investment Management
London,
United Kingdom
| – | -$4K | -228 | Closed |
|
84
JP Morgan Chase
New York
| – | -$2K | -114 | Closed |
|
|
VCM
85
Versant Capital Management
Phoenix,
Arizona
| – | +$207 | +9 | New |
|
STFC Hedge Fund Activity: Q3 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Auto Financial Corp (STFC) for Q3 2016, worth a combined $313M — up 11% from $281M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of STFC and 4 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 33 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $5.73M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.03M.
- 77 institutional investors held State Auto Financial Corp (STFC) as of Q3 2016, down from 81 in Q2 2016.
- Funds reported $313M of State Auto Financial Corp stock for Q3 2016, up 11% quarter-over-quarter.
- 4 funds opened new State Auto Financial Corp positions in Q3 2016 and 8 closed out, a net change of -4 holders.
- The largest State Auto Financial Corp buyer in Q3 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $5.73M added.
- The largest State Auto Financial Corp seller in Q3 2016 was T. Rowe Price Associates, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2016.