SunTrust Banks, Inc.
STI
STI was delisted on the 6th of December, 2019.
723 hedge funds and large institutions have $23.2B invested in SunTrust Banks, Inc. in 2017 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 252 increasing their positions, 283 reducing their positions, and 70 closing their positions.
4% more capital invested
Capital invested by funds: $22.4B → $23.2B (+$794M)
3% more call options, than puts
Call options by funds: $167M | Put options by funds: $163M
7% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 70
2% less funds holding
Funds holding: 737 → 723 (-14)
11% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 283
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$134M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$98.5M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$84.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$78.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$261M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$220M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$99.6M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$96.6M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$88.2M |
STI Hedge Fund Activity: Q3 2017 in Review
723 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SunTrust Banks, Inc. (STI) for Q3 2017, worth a combined $23.2B — up 3.5% from $22.4B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of STI and 65 opened new positions — a net loss of 5 holders — while 283 trimmed existing stakes and 252 added.
The largest buyer was Lazard Asset Management, adding an estimated $134M. The largest seller was Franklin Resources, cutting an estimated $261M.
- 723 institutional investors held SunTrust Banks, Inc. (STI) as of Q3 2017, down from 737 in Q2 2017.
- Funds reported $23.2B of SunTrust Banks, Inc. stock for Q3 2017, up 3.5% quarter-over-quarter.
- 65 funds opened new SunTrust Banks, Inc. positions in Q3 2017 and 70 closed out, a net change of -5 holders.
- The largest SunTrust Banks, Inc. buyer in Q3 2017 was Lazard Asset Management, an estimated $134M added.
- The largest SunTrust Banks, Inc. seller in Q3 2017 was Franklin Resources, an estimated $261M sold.
Based on aggregated 13F filings for Q3 2017.